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LaSalle Investment Management sale of industrial portfolio to Summit Real Estate Investment Trust

Fasken
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Overview

Client

LaSalle Investment Management (Canada)

In December, 2018, a subsidiary of LaSalle Investment Management (Canada) ("LaSalle") disposition of an industrial portfolio consisting of 8 properties in Whitby, Ottawa and Cambridge, for $91,500,000.00. The Purchaser was Summit Real Estate Investment Trust which also assumed outstanding financing secured by first mortgages against the various properties. LaSalle was advised by a team comprised of Marty Emmons and Joanne Meadowcroft.

Team

  • Joanne Meadowcroft, Paralegal/Law Clerk | Real Estate Law, Toronto, ON, +1 416 865 5400, jmeadowcroft@fasken.com