Canderel Builds on Strategic Partnership With LaSalle Investment Management

MONTREAL, QUEBEC--(Marketwire - Feb. 5, 2013) - The Canderel Group of Companies (www.canderel.com), a leader in the Canadian real estate industry announced today that the firm has entered into an agreement with LaSalle Investment Management to act as both property and leasing managers for 11 properties located in the Ville Saint Laurent and Pointe-Claire areas. The portfolio comprises of over 820,000 square feet of quality multi-tenant industrial spaces, all of which are located along the TransCanada highway corridor and its tributaries.

"We've had a great relationship for a long time, and we're delighted LaSalle have chosen us once again to represent them in this market," says Peter Picciola, Vice President of Leasing & Development, Canderel. "We look forward to executing this mandate for our client while providing the highest level of service to our partners and to our tenants."

Sam Barbieri, Senior Member of LaSalle Investment Management adds that "Canderel is a very professional organization with deep, well entrenched, roots in this marketplace and LaSalle continues to value its longstanding strategic alliance with Canderel as it aims to reposition these assets on behalf of its clients."

The properties offer excellent opportunities for companies of all sizes. Whether it be manufacturing, distribution, R&D or even office use, all the properties offer excellent value for any potential tenant. For any leasing inquiries please contact Bradley Birks at Canderel.