Mach Acquires Downtown Montreal Office Building from BGO: Report
Groupe Mach has acquired a downtown Montreal office building from BGO, according to a published report.
The 17-storey office building is located at 1600 Boulevard René-Lévesque West and comprises 256,574 square feet. CBRE brokered the off-market transaction; the B-class building’s tenants include WSP, the federal and provincial governments, a police department and a variety store operator, according to the report.
A BGO website indicates that four vacant spaces in the building were being offered for lease prior to the sale.
The site also includes a vacant two-storey office building and a small land parcel zoned for mixed-use development, the report states.
Mach is a Montreal-based development company. BGO is a Miami-based commercial real estate investment and management company that originated in Canada through a predecessor.
The company has extensive Canadian holdings and operations