High Plains

Overview

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Sector

Industrial
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Purchase Date

June 2016
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Fund

Fiera Real Estate
CORE Fund
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ESG

BOMA Best certified

This modern 503,000 SF warehouse/distribution facility is located in the relatively lower property tax jurisdication of Rocky View County, just north of Calgary. Leased to three international tenants on long-term leases, the property benefits from three frontages and ample space for truck manoeuvrability/access.

Purchase Price

63 000 000

OCR

3.54 %

Features

  • The building was constructed in 2016
  • 32’ clear height, 146 truck level doors and 4 drive-in doors.
  • Loading dock ratio of 1/3,450 SF and 190 trailer drop pads, ideal set up for logistics companies.

Purchase Rationale

  • Build to Core Strategy

Operating Partner

N/A

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