Artis REIT has reported that it has closed $177.4 million of previously announced acquisitions. The assets include: Glenmore Commerce Court in southeast Calgary; the ADA Industrial Portfolio, which contained 16 industrial properties with 950,000 square feet of leasable area; the Fort McMurray/Edmonton Retail Portfolio, consisting of seven retail properties aggregating nearly 270,000 square feet of leasable area; the Brick Centre, a two-building 46,000-square-foot, newly constructed, retail centre in Alberta; and the Paramount Building, in the mid-west core submarket of downtown Calgary.
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source: commercialpropertynews.com
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