Purchase of Two Industrial Buildings in the Foothills Industrial Park, Calgary, Alberta

TriVan Capital is pleased to announce that the TriVan Foothills Limited Partnership has closed its acquisition of two industrial buildings located at 4919 61st Avenue SE and 5605 48th Street SE in the Foothills Industrial Park, Calgary, AB.

These properties have a combined net rentable area of approximately 74,000 square feet, are well located within an established industrial node in southeast Calgary and are proximate to major transportation routes including Stoney Trail, Calgary’s 101km ring road. This fact coupled with modern construction and high ceiling heights make the assets ideally suited for warehouse, distribution and logistics requirements.

This acquisition fits well with TriVan Capital’s strategy to seek out opportunities that provide existing cash-flow from diverse and strong tenants while working to create incremental value for investors through purposeful, active management.