Cominar acquires the Quartier Laval power centre

Cominar REIT has acquired the recently built power centre Quartier Laval, located on Le Corbusier Boulevard in Laval, for $59.3 million. Located along Highway 15, near Highway 440 and the new Montmorency Metro station, Quartier Laval comprises 10 retail properties covering an area of 253,329 square feet, with the possibility of building an additional area of 71,500 square feet. This acquisition brings the value of Cominar’s real estate portfolio of 225 assets to more than $2 billion.

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