FOR SALE

Southern Alberta Retail Portfolio - Calgary, Cochrane, Lethbridge
Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) is pleased to offer for sale a 100% freehold interest in a portfolio comprised of four retail properties (collectively, the “Properties” or “Portfolio”), located in Calgary, Cochrane, and Lethbridge, Alberta.

Under a flexible offering structure, investors have the opportunity to acquire the Properties on a single or multi-asset basis, or in its entirety as a Portfolio.
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The Portfolio comprises over 174,358 SF of Class ‘A’ quality space with property sizing of 21,988 SF to 66,427 SF that is currently 97.6% occupied by a strong and diversified tenant roster ranging from national covenants to well-established local businesses. The average rent in-place is collectively $28.64 PSF with contractual annual escalations throughout the term. With a weighted average lease term (“WALT”) of approximately 4.39 years, the Portfolio provides stable income and growth. This is a rare opportunity to acquire a Portfolio of scale in high traffic retail nodes predominantly surrounded by grocery anchors in three attractive and growing population centres in southern Alberta.
Property Overview
Properties:
1.  Royal Vista I (15 Royal Vista Place NW), Calgary, AB
​2.  Royal Vista II (4 Royal Vista Way NW), Calgary, AB
3.  Grande Plaza Retail Centre (216 Grande Blvd), Cochrane, AB
4.  South Centre Common (60 Southgate Blvd S), Lethbridge, AB
GLA:  174,358 SF
Site Area:  14.49 acres
Key Tenants:  CIBC, 7-Eleven, Party City, Mad Rose Pub, Public Works & Government Services Canada
​Occupancy:  97.6%
WALT​:  4.39 years
Documents
Property Location
1. Royal Vista I, Calgary, AB
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3.  Grande Plaza Retail Centre, Cochrane, AB
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2. Royal Vista II, Calgary, AB
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4.  South Centre Common, Lethbridge, AB
Contact us for more information:
Matthew T. Smith*
Executive Vice President
JLL's ​National Retail Investment Group
+1 ​416 304 6004
Nick Macoritto*
​Executive Vice President
​JLL's ​National Retail Investment Group
+1 ​416 238 5874
Casey Stuart, SIOR*
Executive Vice President
​JLL Capital Markets, Calgary
+1 403 456 3247
Ryan J. Murphy*
Vice President
​JLL Capital Markets, Calgary
+1 ​403 456 5582
Mark Leshchyshyn*
Sales Associate
​JLL's National Retail Investment Group
+1 416 304 6022
* Sales Representative

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