Industrial Sale Leaseback Investment 3 biens | Industriel/Logistique | Localisations multiples

On behalf of the Vendor, the Colliers Investment Sales Team, in partnership with Ascension Corporate Real Estate Advisory, is pleased to present the Moore’s Industrial Sale Lease-Back Portfolio for sale. The Portfolio is comprised of three single-tenant industrial properties in Calgary and Balzac, Alberta, totaling 225,444 square feet and representing 100% of Moore’s real estate footprint and operational facilities. Two of the properties are located in the established South Airways and McCall Industrial districts of Northeast Calgary (each 10 minutes from both the Downtown Core and the Calgary International Airport) and the third property is located in Balzac, the highly desirable and accessible new generation industrial district directly North of the City limits. The opportunity is to acquire a real estate portfolio with a long-term lease in place to a strong industrial tenant. The triple-net (NNN) lease will feature a 20 year term with extension options and annual rental rate escalations, providing a low-maintenance long-term investment opportunity to the investor. The tenant will be Moore’s Industrial Service Ltd. - a premier provider of industrial coating and machining services, with a long-term operating history of almost 80 years in this growing sector. Moore’s Industrial Service Ltd. holds ISO and COR certifications and employs a work force of over 140 people. The offering is presented on an unpriced basis with bid date to be announced.