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Quebec  + Cross Border News  + Office  |  July 11, 2025
Photo of Montreal downtown Montreal office tower.
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By: Monte Stewart

Kingsett Acquires Montreal Office Tower for $101M

Kingsett Capital has acquired a downtown Montreal office tower from Busac for $101 million, La Presse reported.

The building is located at 1200 McGill College Avenue. Busac is subsidiary of New York-based JEMB Realty Corporation.

The 24-storey tower comprises 240,000 square feet of office space and 73,000 sf of retail units. Tenants include Rogers, a large user.

“The purchase of 1,200 McGill College is, indeed, the largest office-building sale transaction in Montreal in 2025,” Mathiu Turnier, an associate vice-president and broker based in Colliers’ Montreal office, told La Presse.

Pictured: Downtown Montreal office tower acquired by Kingsett Capital.

Photo: Busac

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Inside The Story

Mathieu TurnierKingsett Capital

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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