Grenfell Properties Holdings has purchased six industrial properties in the Merivale Business Park for $10.6 million.
The properties, 15-21 Grenfell Cres. and 41-43 Grenfell Cres., comprise just over 100,000 square feet of commercial space.
Primecorp Commercial Realty served as an adviser for the transaction. Its principal and co-founder, Aik Aliferis, said the Canadian investment market remains strong.
(Sponsored)
DYMON and The Ottawa Mission celebrate record-breaking Giving Tuesday success
The Ottawa Mission is celebrating a historic Giving Tuesday after raising more than $1.1 million in support of people experiencing homelessness, hunger, and poverty — the most successful Giving Tuesday
Inspired by love and loss, donor Tom Moore triples Giving Tuesday donations
For Tom Moore, a retired tech executive and longtime Ottawa resident, giving back to The Ottawa Hospital isn’t just a gesture of generosity. It’s personal. Tom grew up on a
“Ottawa is still one of the most sought-after investment markets in Canada for all asset classes. The Grenfell industrial portfolio is an exceptional long-term asset with excellent cash flow diversification and future potential,” Mr. Aliferis said in a statement.
