Closing Date:  July 2021

Address:  116 8th Avenue SE, 100 8th Avenue SE & 121 8th Avenue SW, Calgary, Alberta
Net Rentable Area: 19,993 SF

Year Built:  Doll Block – 1907/1994; Imperial Bank Building – 1887/2002; Merchant Bank Building – 1925

Highlights:

• Rare opportunity to acquire a portfolio of flex-office/retail buildings along Stephen Avenue, one of the most prominent entertainment corridors in downtown Calgary, surrounded by an abundant mix of boutique and high-end retail establishments as well as some of Calgary’s finest restaurants, cafes and bars
• Portfolio offers a good tenancy mix with notable tenants including Modern Ocean, Steak and Bar and provides potential investors with a good blended average lease term of 5.7 years