A Montreal-based real estate investment trust is expanding its presence in the National Capital Region.
BTB REIT says it has purchased a 50-per-cent interest in 7 and 9 Montclair Blvd. in Gatineau, near the Casino du Lac Leamy, for $6.05 million.
The two buildings total 74,425 square feet and are fully leased to multiple tenants including the federal government, a retail location of the L’Aubainerie chain as well as a La Cage Aux Sports restaurant.
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The Hard Rock Hotel & Casino Ottawa includes a 150-room hotel, expanded gaming facilities, restaurants and performance spaces. The transformation of the Rideau Carleton Casino into the Hard Rock Hotel
The Hard Rock Hotel & Casino Ottawa includes a 150-room hotel, expanded gaming facilities, restaurants and performance spaces. The transformation of the Rideau Carleton Casino into the Hard Rock Hotel
Last month, BTB purchased an office building in Bells Corners at 245 Stafford Rd. W. for $6.6 million and, separately, bought an office property in Little Italy at 80 Aberdeen St. earlier this year for $14.1 million.
BTB says it focuses on mid-market office, industrial and retail properties in geographic markets east of Ottawa.
