BTB Real Estate Investment Trust has acquired three properties in Quebec, for a total purchase price of $14 million.

The portfolio includes an office building and an industrial property in Longueuil, and an industrial property in Sherbrooke. At closing, the properties will be fully leased to the S.M. Group Inc. through long-term leases.

The office property in Longueuil encompasses approximately 47,830 square feet. The industrial property in the same city is an environmental laboratory located 10 minutes from downtown Montreal, with a leasable area of approximately 46,355 square feet. The final property, located in Sherbrooke’s industrial park, is a laboratory and office property with about 15,000 square feet of leasable area.