The four-building property covers a city block bordered by La Fayette, Lafitte, Saint Georges and De La Victoire streets. A source at SITQ tells GlobeSt.com that two of the buildings contain office, one is a hotel and the fourth houses apartments and ground-floor commercial. Built in the 1930s, the property is reportedly 100% leased.
SITQ is a real estate investment, management and development firm owned by six financial institutions and pension funds. Its principal shareholder, Caisse de depot et placement du Quebec, is Canada's leading fund manager. SITQ owns 28 million sf in 116 properties located mainly in Canada, the US, France and the UK.
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