On September 28, 2012, James Speakman and Shauna Towriss assisted in the completion of PIRET’s $48 million acquisition of five industrial properties in Alberta and BC. This raises the REIT’s portfolio to a total of 77 industrial properties with a combined gross leasable area of 5.4 million square feet. Net proceeds from PIRET’s previously announced public offering of 7,015,000 trust units at a price of $4.95 per unit were used to acquire the properties.
Subscribe to our newsletters
Stay current on business and legal news, topics and trends
Related Content

CSA Proposes Harmonized Exempt Distribution Reports
On August 13, 2015, the Canadian Securities Administrators published for comment proposed amendments to National Instrument 45-106 Prospectus Exemptions that would harmonize the exempt distribution ... Continued

10 Clark Wilson Lawyers Recognized in Best Lawyers Ones to Watch® 2024 Edition
Best Lawyers® has named 10 of Clark Wilson’s lawyers in the 2024 edition of its Ones to Watch list. The list recognizes lawyers who have ... Continued

Estate Planning With a Vengeance
With apologies to our friends at RBC (whom we know appreciate a good joke), here’s a great satirical clip from This Hour Has 22 Minutes that’s ... Continued