Broccolini Closes Gatineau Project Financings

Broccolini Limited Partnership No. 1 and its related entities (collectively, “Broccolini”) were the successful proponents on two Federal Crown procurement tenders in respect of the development and construction of a 16-storey office tower situated at 22 Eddy Street and a 12-storey office tower situated at 455 de la Carriere, in Gatineau, Québec, respectively, with a combined square footage of close to one million square feet.

Broccolini then completed the related financial closing on December 20, 2010 with Hypothèques CDPQ Inc. (“Otera”) which extended secured credit facilities in the aggregate approximate amount of $256,000,000.00.

Broccolini was represented by Fraser Milner Casgrain LLP with a team composed of Philip Rimer and Kelly Elliott in Ottawa, and Yan Besner, Robert Béland and Rachael Golem in Montréal.
Otera was represented by Borden Ladner Gervais LLP with a team composed of John Sullivan and Line Abecassis.

Special counsel to Broccolini Limited Partnership was Spiegel Sohmer Inc. represented by Dan Donath and special counsel to Broccolini Construction Inc. was Nelson Cameron Champagne represented by Marc Champagne.