To provide first mortgage construction financing for the development of a CRU pad at a Home Depot location in Edmonton and Okotoks, Alberta. The Edmonton project is located at 17404 – 99 Ave and will comprise of 6,000 sq. ft. of retail on a site area of 28,488 sq. ft. and is preleased to three tenants.
The Okotoks project is located at 101 Southbank Blvd and comprises 5,754 sq. ft. of retail on a 37,897 sq. ft. site area and is fully leased to McDonald’s of Canada. Surface parking for 28 cars will be included.