X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-Toronto-based TrizecHahn Corp. has put an end to its disposition of non-core North American assets with the sale of seven office buildings. The deals, all completed since the end of September, were valued at $312 million–or $180 million after debt re-payments. That brings the total value of properties shed to $1.7 billion, says Gregory C. Wilkins, president and COO.

This most recent round of sales includes Place Bell Canada in Ottawa, Scotia Centre inCalgary, CN Tower in Edmonton, Two Pershing Square in Kansas City, Twinbrook Metro Park and 6006 Executive Blvd. in Maryland and Courthouse Square in Virginia. “We are now focused on enhancing our core US office portfolio and on developing our global technology center business in conjunction with Global Switch,” Wilkins states.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.