CanFirst Capital Management completes the acquisition of 16104 & 16231 121A Avenue NW in Edmonton leased to Loblaws

CanFirst Capital Management, on behalf of CanFirst Income Plus Real Estate Fund, is pleased to announce the acquisition of 16104 & 16231 121A Avenue NW in Edmonton, Alberta. The investment is comprised of a 364,912 square foot single-tenant industrial building and a neighbouring 2.35-acre site paved for trailer parking.  The property is fully leased to Loblaws on a long-term basis.

The properties are located in Edmonton, Alberta, in the Harwin Park Estate Industrial Park. Located near Yellowhead Highway with excellent access to the Anthony Henday Drive ring road, the properties boast strong accessibility to critical highway infrastructure in the Greater Edmonton Area’s primary transit network. Both properties are within a 6-minute drive to the CN Intermodal Terminal and a 34-minute drive to the Edmonton International Airport.