Canadian Pacific Announces Sale of Windsor Station to Cadillac Fairview

CALGARY — Canadian Pacific Railway announced the sale of Windsor Station and significant other related real estate assets to The Cadillac Fairview Corporation Limited for $86 million.

As part of the transaction, Canadian Pacific has entered into a long term lease with Cadillac Fairview, and will remain the principal tenant of Windsor Station, reflecting its close connection to the building and its long-term presence in Montreal.
The transaction has received the necessary regulatory approvals, including federal government approval.