Closing Date: October 2023

Address: 500 4th Avenue SW

Total Site Size: 0.83 Acres (36,027 Acres)

Total NRA:  326,685 SF

Highlights:

• Excellent opportunity to acquire a downtown office building at a value that is significantly below replacement cost and historic value
• Altius Centre offers direct plus-15 access and has one of the best parking ratios in the downtown core, offering one stall per 1,100 SF
• Floor plates of 11,000 SF and regular configuration, providing ample demising options
• The Property is 69% leased at an average in-place net rent of $7.43 PSF and a WALT of 2.7 years
• Several tenant amenity upgrades have recently been completed, including tenant lounge, fitness facility, and conference centre