Since 2005, Slate Properties and its partner, The Blackstone Group, have acquired 30 value-add commercial real estate assets in Toronto (17), Ottawa (2), Calgary (6), and
Edmonton (5) in 21 transactions. Over 60% of these were “off-market” transactions.
Slate Properties currently asset manages more than 3.2 million square feet of office properties.
Added value to the existing portfolio has been created through strategic repositioning and a modest capital expenditure program, as well as a more aggressive, hands-on approach to leasing. Time and again, Slate’s national occupancy is in excess of 95%.
In the past 36 months, Slate Properties has completed in excess of 501 leasing transactions, totalling
approximately 2.2 million square feet which represents 69% of total portfolio size.
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