Cominar Reit Snapshot
Don't turn around (uh-oh). Cominar's in town...in the Montreal, Quebec City, and Ottawa metropolitan areas. Cominar Real Estate Investment Trust is one of the largest owners and managers of commercial property in Quebec, with more than 200 office, retail, industrial, and mixed-use properties totaling more than 18 million sq. ft. of space. (Industrial and mixed-use properties represent most of its holdings.) In its largest acquisition to date, the REIT acquired nearly 50 properties totaling more than 6 million sq. ft. from Alexis Nihon in 2007. Three years later, the firm expanded into Atlantic Canada with the purchase of Overland Realty. Cominar was founded in 1965 by Quebec City entrepreneur Jules Dallaire.