Acquisition – ICON Business Park, Calgary, AB

December 12, 2019

We are pleased to announce the acquisition of ICON Business Park for the Luxembourg based Northam Canadian Income & Growth Fund FCP-FIS. ICON Business Park was the recipient of the 2017 Rex Development of the Year award. The property is located at 10 Smed Land SE and is well-positioned in the Foothills Industrial District of Calgary.

The 762,065 square foot, high quality logistic asset comprising 89% of industrial and 11% of office space sits on an expansive 46.3 acres site in one of the most desirable employment areas in Calgary with convenient access to major highways and mass transit. The property offers a diverse roster of multi-national tenants with strong covenants and long term leases.