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Glenmore Commerce Court

The following is a project which one or more of Colterra Capital’s team members were integrally involved as senior executives or partners of the ownership entities.

  • Location: Calgary, Alberta, Canada
  • Type: Office
  • Size: 55,897 sq. ft. – 2 storey
  • Acquisition price: $5,150,000
  • Acquisition date: February 2005
  • Disposition price: $12,000,000
  • Disposition date: November 2007
  • Comments: It was purchased in partnership with Time Equities in New York. The return to the investors was 180% over the holding period of 28 months.