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Alberta

Melcor REIT buys Alberta retail power centre

Don Wilcox Commercial Transactions Alberta Oct. 11 2019

Melcor Real Estate Investment Trust (MR-UN-T) has an agreement to acquire a 283,235-square-foot retail power centre containing 15 buildings in Grande Prairie, Alta., for $54.8 million. The property is an open retail complex located on a 33.3-acre site at 108th

Summit to buy $588M Alberta industrial portfolio

Don Wilcox Commercial Transactions Edmonton Oct. 7 2019

Summit Industrial Income REIT (SMU-UN-T) plans to purchase an “institutional-quality” portfolio of 37 light industrial properties in Alberta, totalling more than 3.3 million square feet, for $588 million. Of the total, 22 properties (1.8 million square feet) are in Edmonton,

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