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Content tagged with: Transactions

Canadian Tire taking over Sears’ ‘fabulous’ Calgary property

Don Wilcox Commercial Transactions Calgary Jan. 11 2018

CT Real Estate Investment Trust (CRT-UN-T) CEO Ken Silver said the purchase and leaseback of a Sears Canada distribution centre in Calgary in 2016 allowed it to acquire a piece of “fabulous real estate”. Now, it is putting that investment to

PIRET to be acquired by Blackstone in $3.8B deal

Don Wilcox Commercial Transactions National Jan. 9 2018

Pure Industrial Real Estate Trust (AAR-UN-T) announced Tuesday morning it will be acquired by an affiliate of Blackstone Property Partners (BX-N) in an all-cash transaction valued at $3.8 billion.  The transaction price of $8.10 per share of PIRET represents a 21 per

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