True North REIT Agrees to Sell Calgary Office Property for $57.0M
The 209,400-square-foot property sale excludes transaction costs and is expected to close on or about Dec. 14, 2026. Net proceeds after mortgage repayment are intended for the trust’s credit facility debt.
True North Commercial Real Estate Investment Trust agreed to sell a 209,400-square-foot Calgary office property for $57.0M, excluding transaction costs. Closing is expected on or about Dec. 14, 2026; net proceeds after mortgage repayment are intended for its credit facility debt.Material DetailsCon…