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Office component of building once known as largest hotel in British Empire sold to investors

MTRPL-led investment group bought downtown Montreal tower's office portion for less than $100 per square foot
A group of Montreal investors led by MTRPL purchased the office property located in the middle section of the former Mount Royal Hotel in downtown Montreal. (Olivier Gariépy/CoStar)
A group of Montreal investors led by MTRPL purchased the office property located in the middle section of the former Mount Royal Hotel in downtown Montreal. (Olivier Gariépy/CoStar)
CoStar News
September 25, 2025 | 9:14 P.M.

The office component of the historic Cours Mont Royal complex in downtown Montreal has officially changed hands. MTRPL, a Montreal-based real estate development and investment company specializing in retail-centric, mixed-use urban properties, in partnership with J&H Realty, a property management and real estate services company operating as Gestion JL Immobilier, and MWOL Realty, closed on the acquisition last week, securing 258,000 square feet of office space spanning floors five through 15 of the landmark property at 1555 Peel St.

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