SITQ National Sells Office Properties in Quebec

SITQ National Inc. sold eight office properties in Laval, Quebec, a primary suburban office market in the Greater Montreal Region, to Alexis Nihon Real Estate Investment Trust. The deal closed on December 18, 2003, and its value was $75 million.

The REIT was represented by Neil Stein of Stein & Stein in Montreal. SITQ National was represented by Borden Ladner Gervais LLP, with a team that included Sylvie Bouvette and Pierre Trudeau. Lise Rochette and Christine Malenfant of Fasken Martineau DuMoulin LLP advised on competition issues.

Lawyer(s)

Christine Malenfant Lise Rochette Sylvie Bouvette Pierre Trudeau