(To read more on the industrial market, click here.)

WINNIPEG, CANADA-The largest industrial transaction of the yearin Manitoba has closed with British Columbia Investment ManagementCorp. acquiring 46 buildings totaling 2.2 million sf. Thetransaction with Sun-X Properties Ltd., the largest industriallandlord in this Western Canadian city, also includes a prime35-acre developable tract.

Bentall Capital, the management arm of Victoria, BC-based BCIMC,negotiated for the buyer. Representatives of the Bob Anjelicfamily, which founded Sun-X and has operated the company for 20years, negotiated for Sun-X. Buyer and seller didn't disclose theacquisition price in a statement prepared by BCIMC. GlobeSt.comcouldn't reach the parties by publication deadline.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.