DEAL | Primaris Real Estate Investment Trust completed the sale of St. Albert Centre, a 352,812-square-foot enclosed shopping centre at 375 St Albert Trail, St. Albert, Alta., to Montreal-based Leyad for $60 million on March 31. The price includes a $10 million vendor-take-back loan. The mall’s anchor tenant is Hudson’s Bay, which occupies 93,000 square feet. St. Albert Centre was 97.3 per cent occupied as of Dec. 31, 2024, with sales volume for the year averaging $100 per square foot.
PRICE | $60,000,000
FROM | Primaris REIT
