BridgePort Realty Capital Partners Inc. acquires 277 St Joseph Blvd, Gatineau QC.

Ottawa (Ontario) – January 11, 2011 – BridgePort Realty Capital Partners Inc. (BRCP), has acquired 277 St Joseph Blvd., Gatineau, QC, a mixed use development site in the heart of Gatineau Quebec with density to build approximately 300,000 square feet. The asset provides interim holding income while BRCP designs and implements its development strategy for the site. The property benefits from a desirable location on the central commercial street in the heart of Gatineau with excellent proximity Les Galeries de Hull and the Société de transport de l'Outaouais’s new Rapidbus transit system.

“This is an exciting opportunity to invest in a unique development site in the rapidly expanding city of Gatineau. Gatineau continues to show leadership in its urban planning strategy and St Joseph Blvd. is a strategic artery for mixed use residential, commercial and office development in the core of Gatineau” said Hugh Gorman, Managing Partner of BridgePort.

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