ESPACE MONTREAL VOL. 28 • # 4 I 201 9
Building on its recent office market purchases in Saint-Laurent, mid-town and Westmount, the Quint Group has acquired Complexe Daniel-Johnson in Laval. The two properties include the 2550 Daniel-Johnson office building and the mixed-use 2560 Daniel-Johnson office/retail property. The Quint Group is a growing force in the Montreal suburban office market, with a portfolio that now includes nine buildings and over 750,000 square feet of space.
Since opening for business five years ago, the Quint Group has enjoyed steady growth with strategic acquisitions in the office, retail, and industrial sectors across Quebec and Ontario. Along with its growing office portfolio, the company also owns and manages five million square feet of retail space and nearly two million square feet of industrial properties.
Company founder and President, Ian Quint, comments:
“The two Laval office properties that we purchased last fall provide a great base to build from. Both buildings needed some hands-on management to return them to their glory days. We have already created tremendous value by securing long term leases with new and existing tenants in the buildings. The properties are perfect examples of what we are looking for in the office sector – top quality buildings in prime locations with upside potential. We are not low-yield players and always hope to add value through strategic leasing and redevelopment opportunities.”
If its first five years are anything to go by, the next decade looks bright for Groupe Quint.
Ian Quint: “We are always on the lookout for deals that make sense and have increased our average deal size nearly tenfold over the past five years. I am extremely excited about some of the new investment opportunities that we are seeing and expect to grow our office portfolio to over 1.5 million square feet in 2020. I don’t want to predict where we will be by the end of the next decade – all I can say is stay tuned!”