Building Magazine


NorthWest Healthcare Properties REIT acquires Quebec City Area medical office building

NorthWest Healthcare Properties REIT has acquired Centre Medicale de L’Hetriere, a 36,600 square foot medical office building Located along the western boundary of the Greater Quebec City Area, for a purchase price of approximately $7 million. Due to its dominant market presence, appealing design and ample parking, the property is fully leased to a quality roster of tenants that is anchored by a large medical clinic, Clinique Medicale Cap-Rouge. Additional healthcare related uses include audiology, optometry, physiotherapy and dental, with a large Brunet pharmacy as a complementary retail use.

This investment will be REIT’s fifth acquisition in Greater Quebec City and its 15th asset in the Province of Quebec. In a separate transaction, the REIT announced that it has closed on the previously announced acquisition of 40 Sunpark Plaza SE, a modern medical office condominium property in Calgary.

Have your say:

Your email address will not be published. Required fields are marked *