De Grandpré Chait advises MTRPL and Sailcap on the acquisition of the historic Les Cours Mont-Royal

On September 25, 2025, Montreal-based MTRPL, specializing primarily in mixed-use urban development, together with Sailcap, specializing in commercial real estate investment, management and development, acquired the historic Les Cours Mont-Royal complex.

This major acquisition represents more than 258,000 square feet of office space and a health club in the heart of downtown Montreal. A true landmark building, this complex is a mixed-use real estate hub that brings together retail, office, and residential properties.

We are proud to have represented MTRPL and Sailcap and to have contributed to the success of this flagship acquisition in the Montreal real estate market. The De Grandpré Chait team involved in this transaction included Deirdra Corber, Robert Greenberg, Marc J. Rubin, and Audréanne Noël.