Strathallen Completes Retail Acquisition in Halifax, Nova Scotia |
| Purchase Activity Update |
| Friday, 08 January 2010 |
|
On behalf of its Investor Clients, Strathallen has acquired Park West Centre, a food and drug anchored retail development in Halifax, NS. The Property is an 85,096 sf strip retail centre on 7.8 acres anchored by Royal Bank, Lawton’s Drugs and shadow anchored by a 50,000 sf Sobeys food store and a 50,000 sf Canadian Tire. The Centre is the best positioned shopping centre within the built-up area of North Halifax surrounded by high density housing and located at the intersection of two major streets. This is the ninth acquisition for Strathallen Retail Property Fund LP No. 2. |