Prime Retail

Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) is pleased to offer for sale a 100% freehold interest in a portfolio comprised of four retail properties (collectively, the “Properties” or “Portfolio”; individually, the “Property”), located in Calgary, Cochrane, and Lethbridge, Alberta.

Under a flexible offering structure, investors have the opportunity to acquire the Properties on a single or multi-asset basis, or in its entirety as a Portfolio.

The Portfolio comprises over 171,658 square feet (“SF”) of Class ‘A’ quality space with property sizing of 21,988 SF to 63,727 SF that is currently 98.5% occupied by a strong and diversified tenant roster ranging from national covenants to well-established local businesses. The average rent in-place is collectively $28.34 PSF (“Per Square Feet”) with contractual annual escalations throughout the term. With a weighted average lease term (“W.A.L.T”) of approximately 4.38 years, the Portfolio provides stable income and growth. This is a rare opportunity to acquire a Portfolio of scale in high traffic retail nodes predominantly surrounded by grocery anchors in three attractive and growing population centres in southern Alberta.