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.
Related Content
Lauren Liang speaks at Legacies Round Table
Today, Lauren Liang is leading discussions at the Legacies Round Table, an event organized by the BC Children’s Hospital Foundation. As the featured speaker, Lauren ... Continued
TSX Venture Exchange Introduces New Electronic Private Placement Filing Procedure
The TSX Venture Exchange (“TSXV”) has introduced a new online filing portal, called V-File, for private placement submissions. Although paper filings for private placement submissions are still accepted by the TSXV, the intention is that in due course only electronic submissions will be accepted.
Welcome to Two New Lawyers
Clark Wilson LLP is pleased to welcome two new lawyers to our growing team: Teio Senda, Associate Private Company Mergers & Acquisitions Teio is deeply ... Continued