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Triovest Acquires Asset Management Responsibilities for a Portfolio of Properties in Quebec

Triovest is pleased to announce the acquisition of an asset management mandate for a substantial portfolio of properties located in Quebec.

Effective May 1st, 2014, Triovest will asset manage a primarily industrial portfolio of properties owned by West Island Equities Inc. (Société de placement de l’ouest de l’île inc.) which is part of Greystone Managed Investments Inc.

The portfolio includes eight industrial and two office properties located on the West Island of Montreal. The majority of the properties were developed over the past three to five years by Broccolini Construction. Major tenants include Anixter, XTL, Easton, and Sanofi.

Portfolio:

334 Avro Avenue, Pointe Claire, Quebec – Office Building

1700 Saint-François Road, Dorval, Quebec – Single-Tenant Industrial Building

2075 – 52nd Avenue, Lachine, Quebec – Single-Tenant Industrial Building

16720 – 16740 Trans-Canada, Kirkland, Quebec – Suburban Office Building

16771 – 16781 Sainte-Marie Road, Kirkland, Quebec – Flex Industrial Building

3000 Louis-A.-Amos Street, Lachine, Quebec – Single-Tenant Industrial Building

17700 Trans-Canada, Kirkland, Quebec – Single-Tenant Industrial Building

17550 Trans-Canada Highway, Kirkland, Quebec – Single-Tenant Industrial Building

21525 Clark-Graham Avenue, Baie-d’Urfé, Quebec – Single-Tenant Industrial Building

20975 – 21225 Daoust Street, Sainte-Anne-de-Bellevue, Quebec – Multi-Tenant Industrial Building

This acquisition signifies an important and strategic direction for Triovest by strengthening our industrial presence in the Montreal market. Greystone awarded the contract to Triovest as a clear vote of confidence in the Montreal team.

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