GE Grassi Portfolio
The GE Grassi industrial portfolio consists of 930,000 SF of mixed quality industrial facilities. The properties were geographically spread out on the Montreal Island, with most properties located in the St-Laurent industrial park and along the Trans-Canada Highway, with others along Pie-IX Boulevard in Anjou.
The ChallengeTo sell as a portfolio despite the diversity of the real estate, the location in different sub-markets and the need to satisfy and report to a split-ownership structure.
The SolutionPre-marketing efforts to package and qualify information. Sold the advantage of diversified risk. Provided market information on each of the sub-markets to effectively debate and uphold values with the underwriters.