On October 2, 2008, Cominar Real Estate Investment Trust (TSX: CUF.UN) announced the acquisition of the 24-storey Class "A" office tower located at 2001 McGill College in Montreal for a total consideration of $165 million. Cominar has entered into an agreement with a Canadian insurance company for a long-term secured financing of approximately $97.2 million at an interest rate of 5.4%. The balance of the purchase price will be paid by drawing on Cominar's current credit facilities.

Cominar was advised in the negotiation of the long-term secured financing by a team from Fasken Martineau led by Jean G. Morency and including Yves Chassé and Yves Letarte.