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Edmonton industrial sold as lease-back

Imperial Equities deal includes 4.6 acres, 39,277-square-foot property for $5.36 million in off-market deal.
Imperial Equities Inc. and Wajax

Type of property: Industrial

Location: McNamara Industrial park, Edmonton, Alberta

Size of property: 39,277 square feet

Size of land: 4.67 acres

Number of tenants: 1

Deal structure: Sale-lease-back

Sale price: $5.36 million

Date of sale: July 15, 2020

Buyer: Imperial Equities Inc.
 
Vendor: Wajax