JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 12
Office
Artis REIT Office Portfolio
Burnaby, BC | Calgary, AB
Address
Production Court
Eau Claire Place II
Property Type Office Portfolio
Close Date Jun-2018
Sale Price $121,000,000
Area (sf) 437,457
$PSF $277
Vendor Artis REIT
Purchaser Pacific Reach Properties
• The Artis REIT Portfolio encompassed two
institutional quality assets - Production
Court in Burnaby, BC and Eau Claire Place II
in Downtown Calgary
• Production Court is an institutional quality
class ‘A’ office property that comprises
297,727 sf across three buildings
• Eau Claire Place II is a centrally located, core
office building in Downtown Calgary that
encompasses 139,730 sf
Kevin Douglas
+1 604 998 6142
[email protected]
12
Brad Gladu
+1 604 998 6129
[email protected]