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Jul 11, 2016
Crestpoint Closes Commercial Real Estate Partnership Worth Over $362 Million
Crestpoint Real Estate Investments Ltd. (“Crestpoint”) completed the acquisition of a 90% co-venture interest with Anthem Properties Group in a portfolio of 11 shopping centers located in British Columbia and Alberta. The portfolio’s aggregate gross leasable area is more than 1.3 million square feet and the transaction, which took place in two tranches, has a gross value of over $362 million.
Aird & Berlis LLP represented Crestpoint with a team comprised of Jennifer Wainwright, Hayden Solomons, Barbara Worndl and Chris Berrigan.