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Client Work

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

Fasken
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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.

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