Molson Brewery Lands purchased for $126M

A consortium comprised of Groupe Sélection, Groupe Montoni and Fonds immobilier de solidarité FTQ has acquired the Molson Brewery lands for $126 million. The 1.2-million-square foot site had been owned by Molson since 1786, and the consortium will redevelop this section of the city, starting with the planned construction of 4,000 to 5,000 housing units, as well as several commercial buildings.

Helen Bougas, Senior Director of Legal Affairs at Groupe Sélection, led the consortium of buyers.

Groupe Montoni was advised internally by Franca Riso and Véronique Théorêt.

Valérie Mac-Seing of Mac-Seing Thomas led the team representing Molson, which was advised internally by Nathalie Delisle, Chief Legal Officer.

Fonds Immobilier de Solidarité FTQ was represented internally by François Martel, and supported by Julie Doré, Alain Castonguay, Janie Chaloux and Eleonora Eusepi of BCF Business Law.

Benoît Dagenais and Nissa Kara Frechet represented the City of Montréal internally.