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Downtown Montreal may see first-in-Quebec restaurants, retailers this summer


Downtown Montreal may see first-in-Quebec restaurants, retailers this summer
“Most lease deals are coming in late summer, early fall. There are dozens of projects in the works,” says the head of the Montréal Centre-Ville merchants association.
Author of the article: Frédéric Tomesco
Publishing date: May 19, 2021  •  1 day ago  •  3 minute read  • 
A deserted Eaton Centre in spring 2020. In 2021, first-quarter commercial vacancies in the downtown core rose to 34 per cent on average from 28 per cent in the fourth quarter, paced by indoor mall store closures, the report shows. Photo by Pierre Obendrauf /Montreal Gazette
Article content
Don’t be surprised if several new stores and restaurants materialize downtown this summer as retailers take advantage of an abundant supply of vacant locations to move into the central business district. ....

Glenn Castanheira , Cushman Wakefield , Jean Marc Fournier , Montreal Gazette , Postmedia Network Inc , Development Institute , Eaton Centre , Benny Co , Downtown Montreal , Pierre Obendrauf , Urban Development Institute , Fifth Ave , Times Square , Postmedia Network , Street East , க்ளென் காஸ்டன்ஹேஇரா , குஷ்மேன் வேக்ஃபீல்ட் , ஜீன் மார்க் ஃபோர்னியர் , மான்ட்ரியல் கஸெட் , வளர்ச்சி நிறுவனம் , ஈட்டன் மையம் , பென்னி இணை , நகர மான்ட்ரியல் , நகர்ப்புற வளர்ச்சி நிறுவனம் , ஐந்தாவது அவே , முறை சதுரம் ,

Fronsac Announces the Acquisition of a Property and a New Development


(TSX-V: FRO.UN) Fronsac Real Estate Investment Trust (“
Fronsac”) is pleased to announce the acquisition of a property located in Lac Brome, Qc, and a 50% participation in a new development in Chicoutimi, Qc.
PROPERTY ACQUISITION
On January 29
th, 2021 Fronsac completed the acquisition of a property in Lac Brome, QC which is operated by a service-station under the Esso banner and a fast-food restaurant operated under the Tim Hortons banner. Total consideration paid for the property was $2,840,000 (excluding transaction costs) and was settled in cash.
NEW DEVELOPMENT IN CHICOUTIMI, QC
In partnership with Odacité Immobilier and Benny & Co., Fronsac also is pleased to announce the development of a new standalone Benny&Co. restaurant in Chicoutimi, Qc. Fronsac will retain a 50% participation in the project. Total costs are expected to be $2.1M and construction is set to begin in 2021. ....

Lac Brome , Jason Parravano , Gilles Benny , Tim Hortons , Venture Exchange Inc , Fronsac Real Estate Investment , Benny Co , Regulation Services Provider , Venture Exchange , Un Fronsac Real Estate Investment Trust , Fronsac Real Estate Investment Trust , Real Estate Investment Trust , Master Roaster , Looking Statements , லட்சம் ப்ரோமோ , கில்லஸ் பென்னி , நேரம் ஹார்டன்கள் , துணிகர பரிமாற்றம் இன்க் , பென்னி இணை , ஒழுங்குமுறை சேவைகள் வழங்குநர் , துணிகர பரிமாற்றம் , ரியல் எஸ்டேட் முதலீடு நம்பிக்கை , குரு ரோஸ்டர் , பார்க்கிறது அறிக்கைகள் ,