The Company has successfully completed an acquisition of three industrial properties in Fort McMurray Alberta for ~$11MM.
The Wood Buffalo region has the highest disposable family income in Canada. Fort McMurray / Wood Buffalo is significantly underserved in commercial development.
The 3 properties include 4 buildings, 16 bays and nearly 35,000 square feet of industrial / commercial space. Tenants include a funeral home, a concrete finishing company, a heavy-duty repair business, a bread distribution center, a disaster restoration company, and a concrete pumping company.
- 4-building – 3 property commercial industrial properties
- 100% Brookstone Ownership
- Nearly 35,000 sq ft
- 4.7 Acres total
- Acquired for ~$11MM
- Mortgage with Servus Credit Union
Addresses:
- 165 MacLean Road, Fort McMurray Alberta
- 225 MacDonald Crescent, Fort McMurray Alberta
- 280 MacLennan Crescent, Fort McMurray Alberta