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Content tagged with: Transactions

Ottawa’s Emerald Plaza has a new owner

Steve McLean Commercial Transactions Ottawa May. 4 2016

Ottawa’s mixed-use Emerald Plaza has changed hands for $26.1 million through the assistance of Primecorp Commercial Realty Inc. “Parties to the deal would prefer us not releasing detail as to who they are,” said Primecorp chief operating officer and founding

Lanesborough REIT selling assets to buy time

Paul Brent Commercial Transactions National Apr. 28 2016

With a major exposure to the recessionary Alberta market and the oil sands epicentre of Fort McMurray in particular piling up losses, Lanesborough REIT‘s (LRT.UN-T) survival plan is simple: sell properties to keep afloat.  The Winnipeg-based company recently unloaded a multi-residential property

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