MONTR\u00c9AL \u2014 Real estate company Galion has announced the completion of the largest transaction in its history with the acquisition of five RONA and RONA L\u2019Entrep\u00f4t stores located on Montr\u00e9al\u2019s South Shore, for an amount exceeding $100 million.<\/p>\n
The acquired properties are located in Saint-Bruno-de-Montarville, Brossard, Granby, Beloeil and Saint-Hyacinthe and in all adds 620,000 square feet to its portfolio, explains a release.<\/p>\n
Following this transaction, Galion\u2019s real estate portfolio now includes 73 properties across Qu\u00e9bec with its assets now approaching $1 billion.<\/p>\n
The company\u2019s portfolio includes office space, retail space, light industrial properties, and gas stations.<\/p>\n
This latest acquisition \u201cstrengthens Galion\u2019s presence on the South Shore, where it owns other properties, notably in Brossard with the Jonxion project completed a few years ago, located at the corner of Lapini\u00e8re and du Quartier boulevards.\u201d<\/p>\n
This complex of four office towers totals nearly 500,000 square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"MONTR\u00c9AL \u2014 Real estate company Galion has announced the completion of the largest transaction in its history with…\n","protected":false},"author":2,"featured_media":616430,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194292],"tags":[49,48,2338],"class_list":["post-616429","post","type-post","status-publish","format-standard","has-post-thumbnail","category-montreal","tag-ca","tag-canada","tag-montreal"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/616429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=616429"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/616429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/616430"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=616429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=616429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=616429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}