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TORONTO-First Capital Realty Inc. has picked up an 186,000-sfcenter in Calgary and bought out its partner in two otherproperties in separate transactions totaling $47.9 million. Tradedon the Toronto Stock Exchange, the locally based company ownsdevelops and operates grocery-anchored centers in growingmetropolitan areas.

Its new acquisition is TransCanada Centre, a Calgary shoppingcenter located at the southeast corner of TransCanada Highway (16thAvenue) and 52nd Street Northeast. The center is anchored by a48,000-sf Safeway supermarket and other major tenants including an11,800-sf Super Drug Mart, a 20,000-sf fitness facility, RogersVideo and some national fast food tenants. The purchase price,$38.1 million including closing costs, was paid in cash. FirstCapital Realty's VP of Western Canada Brian Kozak says theacquisition takes its Calgary portfolio to 1.05 million sf.