Crown Realty Partners Sells Interest in Winnipeg Square, Winnipeg
Crown Realty Partners announced today that it has sold its 62%% interest in Winnipeg Square to ARTIS REIT, which will now hold a 100% interest.
Winnipeg Square is a 31-storey office building comprised of 541,040 square feet together with a retail concourse comprising 56,440 square feet and is the premier office location in the Winnipeg CBD. Tenants include top legal and accounting firms, CN Rail, Microsoft and the Government of Canada. Crown Property Management Inc. will continue to manage the property on Behalf of ARTIS REIT.
Crown Realty Partners Acquires Winnipeg Square Parkade, Winnipeg
Crown Realty Partners announced today that it has acquired the Winnipeg Square Parkade on behalf of ARTIS REIT, with mortgage financing provided by Great West Life. The seller was the City of Winnipeg.
Winnipeg Square Parkade is a 3-storey underground garage with parking for almost 1,000 cars and is the premier location in the Winnipeg CBD. In addition, the purchase included the ground lease under the Winnipeg Square office tower. Crown Property Management Inc. will manage the Parkade on behalf of ARTIS REIT.
Crown Realty Partners sells 155 Matheson Boulevard West, Mississauga
Crown Realty Partners announced today that it has sold, on behalf of Crown Realty LP, its interest in 155 Matheson Boulevard West, a 35,500 square foot office building to Electrical Safety Authority. Crown Property Management Inc. has been retained as property manager by the purchaser.
Crown Realty Partners sells 6655, 6695, 6715 and 6725 Airport Road, Mississauga
Crown Realty Partners announced today that it has sold, on behalf of institutional partners, its interest in 6655, 6695, 6715 and 6725 Airport Road, being four office buildings, totaling 329,000 square feet to Dundee REIT.
Crown Realty Partners sells 5995 Avebury Road, Mississauga
Crown Realty Partners announced today that it has sold, on behalf of institutional partners, its interest in 5995 Avebury Road, a 139,000 square foot office building to Insurance Corporation of British Columbia. Crown Property Management Inc. has been retained as property manager by the purchaser.
Crown Realty Partners Teams Up To Create Green Roof
Crown Realty Partners (CRP), through its subsidiary, Crown Property Management Inc., has teamed up with tenant ESRI Canada to create a Green Roof on its office building at 12 Concorde Place, Toronto. The Green Roof will generate energy savings and waste water recycling in addition to providing an attractive amenity to tenants.
CRP co-owns and manages office buildings in the GTA and Winnipeg comprising over 4.3 million square feet. A majority of these properties have achieved the BOMA Best environmental standard and CRP has set the objective of achieving this standard on 100% of the portfolio.
Crown Realty Partners Teams Up With Manitoba Hydro
Crown Realty Partners (CRP), through its subsidiary, Crown Property Management Inc., is working with Manitoba Hydro on implementing energy saving programs at its office buildings at Portage and Main, Winnipeg. These initiatives will save money for our tenants help improve our environment for everyone.
CRP co-owns and manages office buildings in the GTA and Winnipeg comprising over 4.3 million square feet. A majority of these properties have achieved the BOMA Best environmental standard and CRP has set the objective of achieving this standard on 100% of the portfolio.