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Alberta

Melcor sells shopping centre; REIT's 'go-shop' period expires

RENX Staff Commercial Transactions Edmonton Feb. 26 2025

Melcor REIT (MR.UN-T) has sold the 283,000-square-foot Melcor Crossing retail power centre in Grande Prairie, Alta., and has announced the end of the “go-shop” period related to Melcor Developments’ controversial bid to take the trust private.

 

GWLRA to build 605,000-sq.-ft. warehouse for Princess Auto

RENX Staff Commercial Development Calgary Feb. 18 2025

GWL Realty Advisors (GWLRA) will develop a design-build warehouse for Princess Auto Ltd. at its Stoney North Logistics Centre in Balzac, in Rocky View County just outside Calgary.

 

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