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The Company has successfully completed a $4.4MM property in Lethbridge, Alberta.
The Company has successfully completed a 4.4MM property in Lethbridge, Alberta. Two-Building, Multi-Tenant Industrial Property 100% Brookstone Ownership Nearly 44,000 sq ft 5.63 Acres Surplus Land available for additional development Acquired for ~$4.4MM Vendor...
The Company has successfully completed an acquisition of three industrial properties in Fort McMurray Alberta for ~$11MM.
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...
The Company has successfully completed a 9.3MM property in Sherwood Park, Alberta.
The Company has successfully completed a 9.3MM property in Sherwood Park, Alberta. Two-building retail/medical/office complex 100% Brookstone Ownership Nearly 40,000 sq ft 2.51 Acres Acquired for ~$9.3MM 100% Brookstone ownership Mortgage with Servus Credit Union...
The Company has successfully completed a $3MM property in Edmonton, Alberta.
The Company has successfully completed a $3MM property in Edmonton, Alberta. Two-tenant industrial property in West Edmonton, 20,200 sq ft. 1.42 acres 100% Brookstone ownership Mortgage with Servus Credit Union Address: 16725 114 Avenue NW Edmonton, Alberta
(Brookstone) Mourns the Death of Board Member Daryl Hillman
October 24th, 2022 Brookstone Investment Corporation (Brookstone) Mourns the Death of Board Member Daryl Hillman Daryl Hillman, 71, passed away on October 10. Daryl served as a Chairman of the Board of Directors of Brookstone. Previously, Daryl founded Sundance Realty...
Company has opportunistically divested of its mobile home park investment.
August 2022 This investment (residential) was inconsistent with Brookstone’s focus on commercial investment properties. The mobile home park property has been sold for ~$2MM (net of transaction costs). This sale has resulted in a meaningful financial gain for the...
The Company has successfully increased its ownership from 20% to 53% in this grocery store property joint venture.
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...
Company Purchases Office Warehouse Property in Ponoka
March 2021 The Company has successfully purchased a $1.5MM property in Ponoka, Alberta. Two Tenant Industrial – Office Warehouse 10,400 sq. ft. 1.1 Acres Constructed in 2019 100% Brookstone Ownership Mortgage with Servus Credit Union ADDRESS:6606 41 Ave, Ponoka,...
Company Purchases NAPA Rimbey Property
June 2021 The Company has successfully purchased a $1.3MM property in Rimbey Alberta. Multi - Tenant Commercial Mix 9,100 sq ft on one floor New building, fantastic location Anchor tenant is a National Franchisee 100% owned by Legacy Communities Mortgage with...
Company Purchases Go Powder Revenue Property
September 2021 The Company has successfully purchased a $1.0MM property in Red Deer, Alberta. Single Tenant Industrial 9,840 sq ft on one floor 2 industrial condominium bays Tenant is the largest Powder Coating Operator in Region Long term lease Extensive tenant...