BridgePort Group of Companies acquires MegaCorp Property Management, Ottawa, ON.

Ottawa (Ontario) – November 1, 2010 – OTTAWA (Ontario) - BridgePort Realty Capital Partners Inc. continues to build its preeminent real estate investment and services company in the National Capital Region and the Outaouais with the acquisition MegaCorp Property Management.

Through this acquisition, BridgePort continues to build its platform in the mutli-residential and condominium market with the acquisition of MegaCorp which follows the acquisition of Immogest and Seco in early 2010.

“This acquisition was part of our ongoing business plan to build a full service real estate platform in the multifamily and condominium sectors in the National Capital Region. MegaCorp is a perfect complement to Immogest and Seco which are heavily focused in Gatineau. MegaCorp has complimentary clients all based in the Ottawa market. Together these two companies provide significant scale and unique expertise in the region. We are excited about the opportunities that this transaction will provide for our clients and our employees,” said Hugh Gorman, Managing Partner of BridgePort.

A leading real estate investment company in the National Capital Region, Bridgeport Realty Capital Partners Inc. co-invests with a wide range of clients and provides them with real estate advisory and investment services, as well as asset management, property management and leasing services, construction management and development, and sourcing and placing of investment capital.

About BridgePort

BridgePort Realty Capital Partners Inc. provides a full array of services including investment management, asset management, property management, construction and development management, leasing services and land and building development. Please visit us at www.bridgeportrealty.ca to learn more about our exciting new company.

For further information, please contact Hugh Gorman or Michel Pilon at the following coordinates:
Telephone: 613.271.1566 (Hugh at Ext. 124)
Email: hughgorman@bridgeportrealty.ca

For all media inquiries please contact Yawar Khan at:
Telephone: 613.271.1566 Ext.121
Email: yawarkhan@bridgeportrealty.ca