H&R REIT Completes Acquisition of Atrium on Bay in Toronto

On June 1, 2011, H&R REIT completed its acquisition of the Atrium on Bay at 595 Bay Street, 20 & 40 Dundas Street West and 306 Yonge Street in downtown Toronto from subsidiaries of Houston, Texas-based Hines REIT, for a price of $344.8 million. The Atrium on Bay comprises 915,378 square feet of “Class A” office space and 135,929 square feet of prime retail premises.

H&R REIT was represented by Minden Gross LLP, with a team that included David Kutner, Carl Schwebel, Boris Zayachkowski and Jodey Therriault.

Hines REIT was represented by its Corporate Counsel, Jason Maxwell, and Stikeman Elliott LLP with a team that included Brenda Hebert, Andrew Elliott, Lanette Wilkinson and Ruth Horn.

Lawyer(s)

Andrew Elliott Ruth A. C. Horn Carl Schwebel Brenda Hebert Lanette Wilkinson Jodey T. Therriault Boris W. Zayachkowski David M. Kutner

Firm(s)

Minden Gross LLP Stikeman Elliott LLP