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Aug 16, 2016

Crestpoint Completes $36.5 Million Acquisition of a 50% Interest in North Toronto Station

Hayden Solomons, Jennifer A. Wainwright, Christie McNeill, Daniel Mahler, Sidonia J. Tomasella and Faruk Gafic

Crestpoint Real Estate Investments Ltd. (“Crestpoint”) completed the acquisition of a 50% interest in the property commonly known as North Toronto Station for approximately $36.5 million. The property, which is located at Yonge Street and Summerhill Road, is the former Canadian Pacific Railway station and is fully leased to the LCBO.

Aird & Berlis LLP advised Crestpoint with a team comprised of Hayden Solomons, Jennifer Wainwright, Christie McNeill, Daniel Mahler, Sidonia Loiacono and Faruk Gafic.

 

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