The Company has successfully increased its ownership from 20% to 53% in this grocery store property joint venture.
There is a Sobeys Canada lease in place until April 2026 for the 16,600 Sq. Ft. building on a two-acre property. Extensive interior and exterior renovations have been made. The Town of Blackfalds is located in Central Alberta just north of the City of Red Deer.
Its close proximity to Lacombe and Red Deer, as well as to major roadways, has made the Town an ideal bedroom community.