800 Victoria Sq, Suite 3500, PO Box 242, The Stock Exchange Twr, Montréal, QC
Year called to bar: 1996 (QC)
Mariella Lo Papa is Co-Leader of the firm’s national Real Estate Law Practice Group and Co-Chair of the Real Estate Law Group in Montréal. For more than 20 years, she has focused on retail, office and industrial leasing and related matters, representing landlords, tenants and portfolio managers. This gives Mariella the perspective to generate solutions for clients and to create constructive, ongoing relationships between the parties. She has worked on major leasing transactions involving regional shopping centres, lifestyle centres, office buildings and mixed-use properties, as well as sale leaseback transactions. Mariella also advises on property development, acquisitions and dispositions. Clients seek Mariella’s advice on daily operations, development and revitalization issues, and owner/tenant negotiations. Mariella has also developed an extensive catalog of leasing forms and language that permits the commercial leasing group to streamline the lease negotiation and drafting process and offer competitive pricing.
On March 6, 2015, a landlord group led by Ivanhoé Cambridge Inc. and Oxford Properties Group completed a transaction involving the termination of leases at 11 properties that had previously been leased by Target Canada Co. (Target), owner and operator of shopping centers, and a unit of Target Corp., for $138 million.