TriVan Capital Corporation Announces New Acquisitions in Calgary, Alberta and Regina, Saskatchewan

TriVan Capital is pleased to announce that the TriVan Capital Prairies Opportunity Fund Limited Partnership (the “Fund”) has made another two acquisitions. 

The first asset is a flex commercial property encompassing three buildings on a ~10-acre site, with a combined 162,633 square feet of leaseable area. It is well located with frontage on 32nd Avenue NE, a major thoroughfare in Calgary, Alberta. 

The second asset is a fully leased industrial building in Regina, Saskatchewan. Both transactions were sourced off market and will provide good cash flow from inception.

The Fund has now closed five deals since its inception in July 2021. Alex Cristall, President at TriVan Capital, states “we are pleased with these new acquisitions and see meaningful upside over time as investment sentiment improves and capital inflows increase into the Prairie provinces. We continue our work to identify attractive new industrial and flex commercial opportunities into which we can deploy the Fund’s capital.”