Government Agency Relocating D.C. Offices, Taking Less Space
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400,000-SF Industrial Project Planned for Silver Spring, Md.
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June 3, 2004 Canadian Real Estate Investment Trust (TSX:REF.UN) has agreed to acquire a 50 percent interest in Sun Life Plaza, a class-A office complex in Calgary, Alberta, for C$102.5 million (US$75.3 million).The Toronto REIT is buying its stake from ...
February 13, 2004 O&Y Real Estate Investment Trust (TSX:OYR.UN) has agreed to buy Gulf Canada Square, a 1 million-square-foot office building in downtown Calgary, Alberta, for C$222 million (US$168.5 million).The Toronto-based REIT is financing the purchase with a mortgage and ...
January 9, 2004 FACT Corp. has sold its commercial rental property in southeast Calgary, Alberta, as part of its plan to sell all non-core assets. The food manufacturer is selling its 22,145-square-foot office and laboratory property for C$2.65 million (US$2.1 ...
November 14, 2003 Commercial Real Estate Direct Staff ReportTwo Toronto-based REITs are teaming to buy the Telus Tower in downtown Calgary, Alberta, for C$136 million (US$104.4 million).H&R Real Estate Investment Trust (TSX:HR.UN) and Dundee REIT (TSX:D.UN) will each own a ...
September 11, 2003 First Capital Realty Inc. has completed the acquisition of two neighborhood shopping centers in Calgary, Alberta., for C$40.65 million (US$29.6 million). Tuscany Plaza is a fully leased, 85,000-square-foot center in Northwest Calgary. McKenzie Towne Centre comprises 107,000 ...
September 8, 2003 Proprietary Industries Inc. (TSX:PPI) has agreed to sell the Eau Claire Festival Market in downtown Calgary, Alberta, for C$31.5 million (US$22.9 million).The sale of the troubled, 200,000-square-foot property is expected to close in the first quarter of ...
July 9, 2003 Financial Post (Fourth item), July 4The selling price on the Telus Tower in Calgary, Alberta, is actually about C$140 million (US$102 million), not the C$70 million mentioned last week. GE Capital and Borealis, whose two largest shareholders ...
June 27, 2003 Financial PostTelus Tower is the latest Calgary, Alberta, office tower to hit the sales block. The 765,000-square-foot office building is said to have an asking price of about C$70 million (US$51.7 million). Telus, whose head office is ...
May 12, 2003 Forum Leasehold Partners Inc. has bought TransAlta Place in Calgary, Alberta, for C$66 million (US$47.5 million).TransAlta Place serves as the headquarters of TransAlta Corp., a power generation company that is leasing back the property under a 20-year ...
April 8, 2003 Royal Host REIT (TSE:RYL.u) has completed its C$12.7 million (US$8.6 million) purchase of the Calgary Best Western Village Park Inn, a 160-room, full-service hotel in northwest Calgary. The property has a courtyard restaurant, banquet and meeting facilities, ...
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