Colliers International won Industrial Deal of the Year at the Eastern Canada Chapter Deal of the Year Awards presented by SIOR, which took place on March 24 at Le Richmond Restaurant in Montréal.
This honour went to Montréal’s Norm Laff, Arnold Fox and Jean-Marc Dubé and Toronto's Gord Cook and Victor Cotic for the sale-leaseback of a build-to-suit property on Chemin du Grand-Bernier, St-Jean-sur-Richelieu. The winning deal, valued at $65 million, involved a 374,000-square-foot facility and 870,000-square-foot piece of land.
An investor landlord acquired the land and the building in Saint-Jean-Sur-Richelieu. The deal resulted in a new facility for DHL/Exel, as well as created new employment opportunities and construction contracts in a tertiary market.