Strathallen Completes Retail Acquisition in Alberta
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Purchase Activity Update
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Thursday, 11 June 2009 |
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On behalf of its Investor Clients, Strathallen has acquired an Edmonton, AB area multi-tenant retail site with a total GLA of 160,719 SF on 21.2 Acres. The centre is anchored by Save on Foods and other national and regional retailers including Bank of Montreal and Tim Hortons. The purchase, the seventh for Strathallen Retail Property Fund LP No. 2, provides the Fund with income and growth potential through redevelopment and expansion.
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