OKTOLIV WILFRID-NEWTON acquires two commercial properties for $23.9M

Published September 9, 2024
OKTOLIV WILFRID-NEWTON acquires two commercial properties for $23.9M
OKTOLIV WILFRID-NEWTON acquires two commercial properties for $23.9M

Quebec City – On September 9, 2024, 9519-4916 QUÉBEC INC. (Les Immeubles Roussin Ltée) sold two commercial properties to SOCIÉTÉ EN COMMANDITE OKTOLIV WILFRID-NEWTON (Nathaniel Devine and François Jean of Oktodev) for approximately $23.9 million. The buildings are located on Boulevard Wilfrid-Hamel and Avenue Newton.

Key highlights of the transaction:

  • Municipal assessment of $21 million on the 2025-2027 Quebec City property roll
  • Total land area of over 43,000 m² (460,000 sq ft)
  • Total floor area of the buildings: 18,937 m² (203,835 sq ft)
  • 98 commercial units

This information was provided courtesy of GDL Crédit Ressource Québec inc.

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