Allied Properties REIT from Toronto has entered into agreements to purchase the Leeson and Lineham Block at 209 – 8th Avenue S.W. and the Westcoast Building at 522 – 11th Avenue S.W.
These two latest acquisitions bring to a total of 11 heritage properties that the REIT owns in Calgary. Past acquisitions include the Lougheed Building, Arts Central, and Fashion Central.
Allied Properties REIT is a leading owner, manager and developer of urban office environments in Canada’s major cities and has recently begun expasion into western Canada.