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.
OBJ360 (Sponsored)
The value of an Algonquin College degree: Experiential learning, taught by industry experts
Zaahra Mehsen was three years into a biology degree at a local university when she realized she wanted to take a different path. “I realized that it’s not my thing,”
The Ottawa Hospital’s Campaign to Create Tomorrow enters important next phase
For Ginger Bertrand, some of her earliest childhood memories in Ottawa are centred around healthcare. “I grew up across the street from what was originally the General Hospital,” she explains,
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.
