Allied Properties REIT hosted a broker reception last week. They have been very successful in Calgary and now hold the majority of character space in the city with the acquisition of Biscuit Block and The Pilkington Building which will close later this month.
The Herald did a write up on them. If your company wants character space in Calgary, you’ll almost certainly be dealing with Allied.
Quote:
Allied Properties REIT continues Calgary buying spree. Art Central and Fashion Central buildings transformed.
“The consolidation in Calgary has been very successful for us,” said Michael Emory, president and chief executive of Allied, who was in Calgary this week. “We wouldn’t have expected going in, to be honest, that we’d be able to put together such a good concentration of properties so quickly. But we have. It’s gone very well. We like the market . . . We’ve really been pleased with what we’ve been able to accumulate here.”
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