Bayfield Closes Acquisition of Galeries Des Sources

Bayfield Holdings Inc. (“Bayfield”) completed the $53.5 million acquisition of Galeries Des Sources.

Galeries Des Sources is a 361,440 square foot enclosed shopping centre located in Dollard-des-Ormeaux, Quebec.

Bayfield was represented by McMillan LLP with a team consisting of Bruce McKenna, Stephanie Hamelin and Roberto Andreacchi (real estate) and David Thring, Patrice Beaudin, Clifton Jarin and Ken Bursey (banking and financial services).

The seller, El-Ad Group, was represented by Stikeman Elliott LLP with a team consisting of Eric Carmona and Nili Birshtein (real estate) and Lana Rabinovitch (banking and financial services).

Lawyer(s)

Nili Goldman Clifton Jarin Patrice Beaudin Bruce A. McKenna David E. Thring Stéphanie Hamelin Eric Carmona Roberto Andreacchi Lana Rabinovitch Ken Bursey