January 29, 2008

Crown Realty Acquires 481 University Avenue, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 481 University Avenue on behalf of Crown Realty LP, with mortgage financing provided by Bank of America.

481 University Avenue is an office building comprised of 223,709 square feet on a full City block at University Avenue and Dundas Street West. The Dundas Street West subway station is directly adjacent to the property. Tenants include the City of Toronto and two Canadian chartered banks.

August 29, 2007

Crown Realty Acquires Winnipeg Square, Winnipeg

Crown Realty Partners announced today that it has acquired a 100% interest in Winnipeg Square together with co-investors, with mortgage financing provided by Capmark Canada.

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 and the Government of Canada.”

July 12, 2007

Crown Realty Partners sells 1867 Yonge Street, Toronto

January 9, 2007

Crown Realty Acquires 90 Sheppard Avenue East, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 90 Sheppard Avenue East together with co-investors, with mortgage financing provided by TIAA-CREF.

90 Sheppard Avenue East is a 6-storey office building comprised of 258,000 square feet and includes 2.5 acres of development lands.  Tenants include the Province of Ontario, HJ Heinz and Shell Canada.

December 28, 2006

Crown Realty Acquires MTS Head Office, Winnipeg

Crown Realty Partners announced today that it has acquired a 100% interest in 333 Main Street and 191 Pioneer Avenue, Winnipeg on behalf of foreign investors, with mortgage financing provided by Capmark Canada.

The property comprises two office buildings with 288,000 square feet of space.  The property is well located in downtown Winnipeg at the intersection of Portage and Main.  The buildings serve as the head office of Manitoba Telephone System which occupies 90% of the space on a fifteen year lease.

October 26, 2006

Crown Realty Acquires 1867 Yonge Street, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 1867 Yonge Street on behalf of Crown Realty LP, with mortgage financing provided by Bank of America.

1867 Yonge Street is an 11-storey office building with 105,000 square feet of space.  The property is well located in mid-town Toronto with tenants including Scotiabank and Research House.

October 1, 2006

Crown Realty Sells Interest in Gateway Centre, Markham

Crown Realty Partners announced today that it has arranged and completed the sale of a 51% interest in 3000-3100 Steeles Avenue East, Markham from several co-investors to another existing co-investor.  The property comprises a total of 235,000 square feet of office space.

August 1, 2006

Crown Realty Acquires Concorde Corporate Centre, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 1, 3 and 12 Concorde Gate on behalf of Crown Realty LP, which is a partnership of Canadian Pension Funds and principals of Crown Realty Partners.  Mortgage financing was provided by Bank of America.

Concorde Corporate Centre comprises three office buildings with 543,000 square feet of space.  The property is well located along the Don Valley Parkway with tenants including Home Depot and Celestica.

May 1, 2006

Crown Realty Sells Interest in 400 University Avenue, Toronto

Crown Realty Partners announced today that it has arranged and completed the sale of a 30% interest in 400 University Avenue, Toronto from one co-investor to another existing co-investor.  The property comprises a total of 351,000 square feet of office space. The mortgage on the property was refinanced with GE Canada.

September 30, 2005

Crown Realty Acquires 161 Eglinton Avenue East, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 161 Eglinton Avenue East together with co-investors, with mortgage financing provided by Sun Life.

161 Eglinton Avenue is an 8-storey office building comprised of 65,000 square feet and is well located in mid-town Toronto.

October 14, 2004

Crown Realty Sells Shoppes at Brian Village, Toronto

Crown Realty Partners announced today that it has sold Shoppes at Brian Village, a 41,000 square foot shopping centre in Toronto

August 16, 2004

Crown Realty Acquires Orlando Office Portfolio, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 18 suburban office buildings together with LaSalle Investment Management, with mortgage financing provided by GE Capital.

The portfolio consists of 18 office buildings located near the Pearson Airport and in the heartland Business Park in Mississauga, comprising approximately 1.2 million square feet.  Major tenants include Purolator, Cara Foods, Winners, DHL and Campbell Soup.

June 11, 2004

Crown Realty Acquires Gateway Centre, Markham

Crown Realty Partners announced today that it has acquired a 100% interest in 3000-3100 Steeles Avenue East together with co-investors, with mortgage financing provided by GE Capital.

Gateway Centre comprises two office buildings with 235,000 square feet and 1.5 acres of development lands.  The property is well located in Markham with tenants including Datamirror and Extendicare.

April 1, 2004

Crown Realty Sells Interest in North York Square, Toronto

Crown Realty Partners announced today that it has arranged and completed the sale of a 24% interest in 45-47 Sheppard Avenue East, Toronto from one co-investor to other existing co-investors.  The property comprises a total of 230,000 square feet of office space. The mortgage on the property was refinanced with GMAC Canada.

January 16, 2004

Crown Realty Acquires 400 University Avenue, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 400 University Avenue together with co-investors, with mortgage financing provided by GMAC Canada.

400 University Avenue is a 25-storey office tower comprised of 351,000 square feet.  Tenants include Zurich Life and the Province of Ontario.

August 5, 2003

Crown Realty Acquires 3080 Yonge Street, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 3080 Yonge Street together with co-investors, with mortgage financing provided by GE Capital.

The property is a 232,000 square foot office building with parking for 165 cars and is well located in mid-town Toronto.  Tenants include Sunnybrook Hospital and Maple Leaf Foods.

July 30, 2003

Crown Realty Sells 1154-56 St. Clair Avenue West, Toronto

Crown Realty Partners announced today that it has sold 1154-56 St. Clair Avenue West, a 23,500 square foot retail building in Toronto.

December 12, 2002

Crown Realty Acquires Shoppes at Brian Village and 1154-56 St. Clair Avenue West, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in Shoppes at Brian Village and 1154-56 St. Clair Avenue West, both in Toronto together with co-investors, with mortgage financing provided by the vendor.

Brian Village is a 41,000 square foot neighbourhood shopping centre and St. Clair is a 23,500 square foot street-front retail property.      

September 26, 2002

Crown Realty Acquires 21 Voyager Court South, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 21 Voyager Court South, Toronto together with co-investors, with mortgage financing provided by Penmore Mortgage.

This property is an existing 45,000 square foot office building well located near the Pearson Airport and 100% leased to the Construction Safety Association of Ontario.

February 22, 2002

Crown Realty Acquires North York Square, Toronto

Crown Realty Partners announced today that it has acquired a 100% interest in 45-47 Sheppard Avenue East together with co-investors, with mortgage financing provided by GMAC Canada.

North York Square comprises two office buildings with 230,000 square foot of office space and parking for 431 cars.  The Province of Ontario occupies over 50% of the property.