Jones Lang Lasalle Web Site - January, 2009
Jones Lang LaSalle Real Estate Services, on behalf of adidas AG, is pleased to announce the successful completion of a 15 year sale leaseback of the 475,000 s.f. worldwide headquarters and global distribution center of Reebok-CCM Hockey. This state of the art distribution facility located in Ville St. Laurent, Montréal, Québec, Canada was constructed in 2006 as a mixed industrial and office space building. The property sits on over 885,000 s.f. of land and boasts 71,512 s.f. of office and showroom space, and an impressive 402,951 s.f. of warehousing area at a clear height of 33.5 ft.
The property is 100% leased to Reebok-CCM for 15 years, on an absolute net lease basis.
Adidas AG, the world’s second largest sporting goods company, whose global portfolio encompasses distribution, office and retail space, has already appointed Jones Lang LaSalle on over 50 projects worldwide involving transaction management, property development, capital markets and lease administration.
John Faratro, Senior Vice President, Jones Lang LaSalle says, “our strong track record in Industrial Services and ability to deliver key expertise through our established network of local markets was integral to a successful disposition.”
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