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    Accueil » Rosefellow Invests $200M in Industrial Real Estate in Laval

    Rosefellow Invests $200M in Industrial Real Estate in Laval

    Courrier Laval NewsBy Courrier Laval NewsSeptember 25, 2024
    Real Estate
    Aerial view of the industrial site in the southwest quadrant of Highways 440 and 19. In the lower right corner of the photo, part of the land occupied by the Subaru dealership in Laval can be seen. (Photo courtesy)
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    This article written in french by Stéphane St-Amour was automatically translated using AI

    Three industrial buildings, covering an area equivalent to 10 soccer fields, have risen over the past two years in Laval.

    The most visible of them stands at the intersection of highways 440 and 19 on the former practice field of the Val-des-Arbres Golf Center, while the other two are located at the junction of Bellerose Boulevard and the Canadian Pacific (CP) railway, which serves the commuter train line connecting Saint-Jérôme to Lucien-L’Allier station in downtown Montreal.

    Real Estate
    In the usual order appear Adam Moussa (Divco Construction), Frank Di Paolo (Rosefellow), Beryl Bedard (Divco Construction), Rachid Zouaoui (Architectes ZZA), Jordan Aberman (Divco Construction), Mike Jager (CEO of Rosefellow), Stéphane Boyer (Mayor of Laval), Seta Topouzian (District Councilor for Renaud), Brian Banks (Rosefellow Construction), Jean-Francois Girard (BCA Structures), Matthew Robillard (BCA Structures), and Kristopher Parent (Rosefellow). The photo was taken this summer on the construction site bordering Highway 440. (Photo courtesy)

    LEED Zero Carbon buildings Laval

    This colossal $200 million investment is the work of the real estate development and management company Rosefellow, co-founded by Mike Jager and Sam Tsoumasous.

    “These are our first two projects in Laval,” says the group’s construction director, Brian Banks. And certainly not the last. “We plan to do several more,” he adds, emphasizing the appeal that the Laval area has in the Greater Montreal market.

    All three buildings are LEED Zero Carbon certified, Banks notes.

    A First Tenant

    Produits Alimentaires Berthelet, known for producing the famous St-Hubert sauce, will take possession of a building at 137 Bellerose Boulevard for its storage and distribution needs.

    Real Estate
    This development by Rosefellow is located at the intersection of Bellerose Boulevard and the CP railway in the central industrial park. (Photo courtesy)

    Located away from the boulevard, this 117,000-square-foot building was built on a site that, until 2023, belonged to Bois Péladeau, a hardwood producer and distributor.

    The second building, located closer to the street, occupies around 180,000 square feet and can accommodate one to three tenants.

    As for the site facing Highway 440, the City of Laval sold it to Rosefellow for $38M. The new owner, who began construction last spring, is building a vast 400,000-square-foot industrial warehouse with 47 loading docks.

    This building, set for completion in spring 2025, could accommodate up to four tenants.


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