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Content tagged with: Transactions

Artis to sell new-construction Houston industrial park for $320M

Don Wilcox Commercial Transactions International Apr. 11 2024

Artis REIT (AX-UN-T) has an agreement to sell one of its premium properties, a newly developed 1.8-million-square-foot Park 8Ninety industrial centre in Houston, to U.S.-based KKR as the trust continues divesting assets to strengthen its balance sheet.

Kastel Holdings buys downtown Edmonton office tower

Kathy Kerr Commercial Transactions Edmonton Apr. 10 2024

Kastel Holdings has acquired Edmonton’s Empire Building, a vintage 11-storey office tower in the city’s downtown core. The 108,800-square-foot building, built in 1962, will continue to house offices and main-floor retail, the company's president said.

 

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