Clark Wilson client Pure Industrial Real Estate Trust (PIRET) (TSX: AAR.UN) completed the purchase on June 17, 2103 of four industrial properties in Calgary, Alberta, comprised of two single-tenant and two multi-tenant properties having a total of over 720,000 square feet of leasable premises, for a total purchase price of $72 million. James Speakman and Shauna Towriss worked on the deal with assistance from paralegal Wendy Ng. PIRET’s year-to-date 2013 acquisitions total 75 properties having a total of 5.8 million square feet of leasable premises and a total purchase price of $577.3 million. Clark Wilson is lead securities, real estate and corporate counsel to PIRET. PIRET is the largest internally managed publicly traded REIT in Canada that offers investors exclusive exposure to Canada’s industrial asset class.
Subscribe to our newsletters
Stay current on business and legal news, topics and trends
Related Content

BC Employment Standards
Which statute applies to determine minimum requirements for notice or severance?

Seminar on Stock Option Taxes May 18, 2016
Two of our Corporate Finance & Securities partners, Virgil Hlus and Angela Blake, are speaking at an upcoming event being put on by Manning Elliott ... Continued

Special Levies
My strata corporation consists of two sections – commercial and residential. The residential section has a limited common property lobby area with furniture that is looking worn and should be replaced. Do all owners have to pay for the new furniture?