LaSalle Investment Management
ENGLISH SEARCH
News
< Back
 
LaSalle Investment Management and Westcliff Group Acquire Mail Montenach and 3600 Cộte Vertu Printer Friendly Version
 

LaSalle Investment Management and the Westcliff Group of Companies team up to acquire two commercial properties in the greater Montreal region.

Mail Montenach - Beloeil
Mail Montenach, is a 315 000 plus sq. ft property located on the main commercial boulevard (boulevard Sir Wilfrid-Laurier) in Beloeil, Richelieu Valley's capital. This is a key regional centre with more than 90 stores and major anchors such as Zellers, Super C, Sports Expert, SAQ and Pharmaprix. Patrons can also find, alongside, an interesting array of respected fashion boutiques such as Le Garage, Marie-Claire, Reitmans, Taylor, San Francisco, Tristan & Iseut, Souris Mini, all of which have already received the public's acknowledgement for their highly appreciated fashion collection. Consumers can also rely upon specialized retailers like Librairie Citation, Dollarama and Chaussures Yellow along with the financial institution Groupe RBC.

Mail Montenach caters to the population of the MRC de la Vallée du Richelieu encompassing 14 municipalities amongst which are Beloeil, Mont St-Hilaire, McMasterville, St-Mathieu de Beloeil and St-Jean-Baptiste. Demographic growth is expected to reach 8%, as a consequence of all residential projects development in the region.

Rona –  3600 Côte Vertu – Montreal (District of St-Laurent)
The second acquisition is a commercial property of 155 000 plus sq. ft. located at 3600 Côte Vertu, in the district of St-Laurent, with RONA as the main tenant. An entertainment center completes the commercial offer of the property. The property is located in the commercial pole made of the Spheretech, the Méga Centre Côte Vertu and the store IKEA. The location is well deserved by easy access from highways 40, 15 and 13 as well as from Chemin de la Côte-de-Liesse.

Management and leasing of both properties will be under the supervision of Westcliff Management.
 
About LaSalle Investment Management
Lasalle Investment Management is a global investment management firm, exclusively managing real estate assets.  At the present time,  LaSalle Investment Management has $32 billion US of public and private assets under administration, with 525 professionals worldwide.
 
In Canada,  LaSalle Investment Management  has about $1 billion Canadian of assets under  management  with offices in Toronto and Vancouver.  Investors consist of pension funds, endowments, high net worth individuals as well as non-Canadian investors from the United States and United Kingdom.

About Westcliff
Westcliff Group of Companies is one of the foremost owners and real estate developers in Canada. The company manages an array of shopping centres, office buildings and industrial properties which add up to nearly 12 M sq. ft. with more than 2 000 tenants.

Westcliff corporate headquarters are located in Montreal.





Contact:  Kim Dobbins
Phone:  +1 312 482 8670
Email:  kdobb@dobbcomm.com
 
| Privacy Statement | Terms of Use | Site Map | Login
10.20.2.94