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Grocery Anchored Retail Shopping Centres Portfolio in Québec City Sold to Local Investment Firm

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A diverse and high-performing portfolio, the Québec Retail Portfolio was successfully transacted by Colliers Capital Markets Canada in December 2019

Stable tenancy across Québec City

The Québec City Grocery Anchored Retail Portfolio Properties occupy prominent locations in destination retail nodes providing excellent income characteristics and stable tenancy. The Portfolio is leased to a coveted roster of national brands anchored by IGA, Metro, Maxi, Winners, Dollarama, Jean Coutu and SAQ. There is significant potential for value enhancement through the lease-up of existing vacancy and development of excess density with approximately 184,000 SF of development density identified across the Portfolio, consisting of 100,000 SF of residential, 39,000 SF of retail and 45,000 SF of office.


For More Information, Please Contact:

Janina Francescutti

Senior Vice President | National Investment Services

Montreal

Janina Francescutti is Senior Vice-President, National Investment Services. Ranked as a Top Performer at Colliers, Janina has over 28 years of advisory experience, having worked mainly in real estate brokerage specializing in investment transactions. She is a well-connected and highly respected industry expert with strong relationships spanning institutional and private clients including REITs, pension funds, as well as private and foreign investors. Janina’s track record of significant transactions speaks to her caliber and success. She has been involved in numerous transactions in major markets including Montreal, Quebec City, Ottawa and Halifax. Janina holds a Bachelor of Commerce specializing in Real Estate Finance & Urban Analysis from McGill University. She is a Chartered Appraiser, recognized by both l'Ordre des Évaluateurs Agréés du Québec and the Appraisal Institute of Canada.

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Patrick Soucy

Senior Vice President | Chartered Real Estate Broker

Quebec City

Patrick Soucy s’est joint à l’équipe de Montréal en mai 2007 et fait partie de la toute nouvelle génération chez Colliers.

Ayant ouvert le bureau de Québec en avril 2012, Patrick joue un rôle primordial au développement des affaires de la vieille capitale.

 

Patrick est associé à Pierre Charest et Pierre Houle, vice-président et premier vice-président, possédant plus de 25 ans d’expérience chacun. Ensemble, ils défendent les intérêts des utilisateurs d'espaces dans le but de maximiser leur rendement immobilier.

 

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