League Assets Corp.

League Assets Corp.

December 10, 2009 12:58 ET

League Seals Deal to Purchase Place Trans-Canadienne, Signs First Tenant

VICTORIA, BRITISH COLUMBIA--(Marketwire - Dec. 10, 2009) - League Assets Corp. -- the World's Intergenerational Wealth™ Institution -- announced today that it had not only successfully closed the deal to purchase Place Trans-Canadienne, but it has also signed its first tenant, the Westcon Group, a leading supplier of advanced network technology solutions.

"It's a great day for League and it's a great day for our fellow Member-Partners who are investing in the Place Trans-Canadienne Commercial LP," said Founding Partner Adam Gant. "With the signing of this purchase agreement and our first lease, our plans for the property are now a major step closer to fruition." 

"This is our first foray into the province of Quebec," said Mr. Gant. "Having made a long and careful study, we see great potential in this area of Montreal from both commercial and retail standpoints. Even as we welcome Westcon on board and look forward to a long and happy relationship with them, we are sure that there will be more exciting leasing announcements to come in the near future."

Place Trans-Canadienne is located in Montreal's West Island, south of the Autoroute Felix-Leclerc (Route 40 -- Trans-Canada Highway) intersection with Boulevard Des Sources.

Victoria, BC-based League Assets Corp. manages the IGW REIT, one of North America's fastest-growing private Real Estate Investment Trusts, comprising a portfolio of Canadian commercial, industrial and multi-family residential properties. The IGW REIT exists to find, acquire, improve and manage real estate properties on behalf of its more than 1,700 Member-Partners. Combined with its other investment pools, League is currently managing and developing assets with approximate build-out values totalling $2 billion.

Through the provision of investment education and opportunity, League helps individuals and families create Intergenerational Wealth™ while contributing to the betterment of the communities in which it operates.

To learn more, download League's proprietary investment book, The Blue Book of Real Estate Syndication, and the Company Backgrounder booklet at www.league.ca.

Contact Information