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 [phone] [email protected] 12 Brad Gladu [phone] [email protected]