Investment firm buys Edmonton building
Wednesday, August 22, 2012
Crestpoint Real Estate Investments Ltd. has acquired a six-storey office building in Edmonton in a deal it values at more than $24 million.
Crestpoint, part of the Connor, Clark and Lunn financial group, says the purchase of the 92,500squarefoot West Chambers Building follows the company's strategy of diversifying its real estate portfolio.
Crestpoint provides institutional and high-net-worth investors with direct access to Canadian commercial real estate assets.
© Edmonton Journal 2012
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