
Strategy
- Focus in solid markets - B.C., Alberta and Ontario.
- Strategic alliance in place with Mountain Development Corp.
- Target
- 9% to 12% yield @ 65% leverage
- properties too large for individual investors, too small for REITS
Current Portfolio
- 31 properties totalling approximately 625,000 square feet of leasable area.
- 5 industrial-commercial properties located in Toronto, London (Ontario), Calgary, Fort Saskatchewan and Edmonton (Alberta).
- 100% leased
- long life leases with triple net fees (all costs are paid by the leasee including property management fees).
- 11 locations occupied by Kentucky Fried Chicken franchisees, situated in North Central Alberta and British Columbia
- 100% leased
- cross collateralized leases with 10 year terms
- 15 locations occupied by Landmark Theatre franchisees, situated in Western Canada, primarily Alberta and British Columbia.
- 100% leased
- cross collateralized leases with 20 year terms
- Property Managers: MDC Property Services Ltd., Calgary, AB
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