Skip to main content
Client Work

Sale-Leaseback of Avon Canada's Headquarters for C$43 million

Fasken
Reading Time 1 minute read
Share
  • LinkedIn

Overview

Client

Avon Canada

Fasken advised Avon Canada in the marketing and sale of their corporate headquarters and distribution facility measuring 511,848 square feet to Summit Industrial Income REIT, for a total consideration of CAD $43.0 million. Concurrently, Fasken negotiated a ten-year lease agreement for the continuance of Avon Canada’s operations in this strategically-located property in the heart of Pointe-Claire's industrial park with direct access to Highway 40.
 
The team that advised Avon Canada on this transaction was composed of Mariella Lo Papa, Nicolas Leblanc and Sara Reid.

Team

  • Mariella Lo Papa, Partner | Co-Leader, Real Estate Law, Montréal, QC, +1 514 397 4348, mlopapa@fasken.com
  • Nicolas Leblanc, Partner | Real Estate, Montréal, QC, +1 514 397 5262, nleblanc@fasken.com