On November 4, 2024, in Laval, a building located on Jean-Béraud Avenue changed ownership from Cominar Real Estate Investment Trust (Cominar) to Édifice Jean-Béraud inc. (associated with Groupe MACH) for $27 million. This asset includes over 12,000 square meters of leasable space, primarily occupied by federal government offices on the 2nd, 3rd, and 4th floors.
The transaction includes a clause for additional compensation based on three possible scenarios until June 2027: an increase in permitted density, extension/relocation of the federal lease, or damages exceeding the sale price.
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