Date Closed

September 29, 2023

Lead Office

Montréal

On September 29, 2023, Veyron/HAL QO Leasing ULC ("Veyron") completed its purchase from and credit leaseback to a multinational company (the “Vendor”) in respect of two industrial properties located in Markham, Ontario (the "Ontario Property") and Bromont, Québec (the “Québec Property”). The Ontario Property provides approximately 535,000 square feet of rentable area and the Quebec Property offers approximately 725,000 square feet of rentable area, totalling for 1,260,000 square feet of rentable area across the two properties. As part of the acquisition, the Vendor will continue to operate its business in both properties pursuant to Veyron’s innovative financial structures.

McCarthy Tétrault advised Veyron with a team led by Bradley Squibb (Business) and Annie Gagnon-Larocque that included Marie-Josée Marcoux, Emily Ruvo, Nicholas Alevras, Jamie Orzech, Carly Caruso, Yasin Celik (Real Property & Planning), Cindy Vaillancourt (Environmental), Fred Purkey and Philippe Pelletier-LeBlanc (Tax).