Login

Place du Commerce sale reflects allure of Montreal's expanding transit system

IWP planning to build over 1,000 residential units after buying South Shore property
The Place du Commerce has changed hands as part of a push to revitalize the area near the REM transit line's Panama Station. (CoStar)
The Place du Commerce has changed hands as part of a push to revitalize the area near the REM transit line's Panama Station. (CoStar)
CoStar News
December 10, 2025 | 6:20 P.M.

The area around the REM Panama rapid transit station on Montreal’s South Shore is drawing interest from developers as several look to acquire and redevelop properties near the transit train station and transform it into a major urban hub.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE