Closing Date: May 2022
Addresses: 4300 5th Street NE, 4416 5th Street NE, 4500 5th Street NE, 4600 5th Street NE, 4632 5th Street NE, 4639 6th Street NE, 4619 6th Street NE, 4539 6th Street NE, 4429 6th Street NE, and 640 42nd Avenue NE, Calgary, Alberta
Site Size: 15.39 Acres (670,388 SF)
Land Use: I-G (Industrial – General)
Highlights:
- Opportunity to acquire a 10-building, value-add industrial portfolio totaling 297,362 SF. There are a total of 50 units with an average area of 5,947 SF
- The Portfolio is 95% leased with an average in-place rent of $9.06 PSF, providing rental upside
- The Calgary industrial market has seen a historical record of 7.3M SF of positive net absorption in 2021, dropping the vacancy rate to 3.3%
Gallery
Contact for more info
Duncan MacLean
Duncan co-leads the CBRE National Investment Team in Calgary alongside his partner, Richie Bhamra.
Duncan MacLean
Richie Bhamra
Richie co-leads the CBRE National Investment Team in Calgary alongside his partner, Duncan MacLean.
Richie Bhamra
Geoff Mar
Geoff started his commercial real estate career in 1993. He’s a Senior Vice President with the CBRE National Investment Team in Calgary and has been a vital member since the Team’s inception.
Geoff Mar
Tyler Allen
Tyler is a Vice President with the CBRE National Investment Team in Calgary with over 13 years of commercial real estate experience.
Tyler Allen
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1