Edmonton Industrial (II)

343,803 Square Foot Multi-Tenant Industrial Portfolio

Value-Add Program Completed:

  • Increased value of assets through major capital projects including new roofs, improved truck loading, new overhead doors/ bumpers, upgraded electrical service and new HVAC systems;
  • Implemented uniform standardized tenant signage for each building;
  • Actively managed 38 tenants in nine buildings through renewals, expansions and re-tenanting;
  • Purchased May 2009 for $28,250,000;
  • Sold November 2014 for $46,775,000;
  • JV Partner: Narland.