Closing: |
Oct. 23, 2007 |
Total units: |
44,000 |
Per unit: |
$1,250 |
Debenture interest rate: |
8% |
Equity raised: |
$55,000,000 |
Total portfolio acquired: |
$110,695,000 |
Number of properties: |
8 (8 divested) |
|
Properties by Purchase Price |
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Golden Acres Shopping Centre
Calgary, AB
|
Purchase price: |
$10,475,000 |
Purchase date: |
June 2009
|
Property type: |
Retail & office |
Rentable area: |
57,639 sq. ft. |
Site area: |
3.56 acres |
Sale price: |
$13,750,000 |
Sale date: |
August 2014 |
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845 Marine Drive
North Vancouver, BC |
Purchase price: |
$38,200,000 |
Purchase date: |
March 2009 |
Property type: |
Shopping Centre |
Rentable area: |
Est. 88,751 sq. ft. |
Site area: |
124,931 sq. ft. |
Sale price: |
$46,700,000 |
Sale date: |
August 2010 |
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 |
838 Fort Street
Victoria, BC |
Purchase price: |
$3,300,000 |
Purchase date: |
October 2008 |
Property type: |
Office building |
Rentable area: |
19,234 sq. ft. |
Site area: |
6,720 sq. ft. |
Sale price: |
$3,200,000 |
Sale date: |
March 2015 |
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Orchard Gardens Plaza - 50% interest
Kelowna, BC |
Purchase price: |
$3,200,000 |
Purchase date: |
October 2008 |
Property type: |
Retail |
Rentable area: |
43,988 sq. ft. |
Site area: |
3.09 acres |
Sale price: |
$5,050,000 |
Sale date: |
March 2017 |
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 |
Tristar
Delta, BC |
Purchase price: |
$8,700,000 |
Purchase date: |
September 2008 |
Property type: |
Commercial |
Rentable area: |
73,396 sq. ft. |
Site area: |
7.12 acres |
Sale price: |
$9,300,000 |
Sale date: |
April 2011 |
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Confederation Mall - 70% interest
Saskatoon, SK
|
Purchase price: |
$19,670,000 |
Purchase date: |
September 2008 |
Property type: |
Retail |
Rentable area: |
329,128 sq. ft. |
Site area: |
29.0 acres |
Sale price: |
$33,600,000 |
Sale date: |
October 2014 |
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Health Plus
Calgary, AB |
Purchase price: |
$8,600,000 |
Purchase date: |
June 2008 |
Property type: |
Office building |
Rentable area: |
31,560 sq. ft. |
Site area: |
1.50 acres |
Sale price: |
$4,600,000 |
Sale date: |
October 2021 |
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 |
Timmins Square - 35% interest
Timmins, ON
|
Purchase price: |
$18,550,000 |
Purchase date: |
December 2007 |
Property type: |
Shopping centre |
Rentable area: |
390,618 sq. ft. |
Site area: |
52.0 acres |
Sale price: |
$11,670,078 |
Sale date: |
January 2021 |
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