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Calgary three-asset industrial portfolio sells for $44.25 million

Two separate buyers purchased the trio of industrial buildings that total more than 340,000 square feet on a combined 21.29 acres
JLL Canada Capital Markets, Edmonton, for Western Investor

Property type: Industrial portfolio

Number of buildings: 3

Locations: 2200 41 Avenue NE, Calgary (99,702 square feet on 7.16 acres); 5760 9 Street SE, Calgary (172,974 square feet on 11.71 acres); and 32280 118 Avenue SE, Calgary (67,943 square feet on 2.42 acres).

Total property size: 340,119 square feet

Total land size, in acres: 21.29 acres

Sale price: $44.25 million

Brokerage: JLL Canada Capital Markets, Edmonton

Brokers: Bryce Gibson, Ryan Murphy, Matt Picken and Casey Stewart, senior vice-president.