News

WINNIPEG, April 28, 2014 ‐ Asper Tower Inc. (ATI) and Harvard Developments Inc., in partnership with Greystone Managed Investments Inc. (on behalf of its institutional clients), have agreed to terms for the sale and purchase of Winnipeg’s premier office building at 201 Portage Avenue. Closing of the deal is expected to occur at the end of May.

The transaction involves 201 Portage, the 33‐storey office tower that provides 510,000 square feet of prime Grade‐A office space to tenants such as RBC‐Dominion Securities, MNP and Thompson Dorfman Sweatman as well as an empty lot at 416 Main Street and the adjoining parkade. The 201 Portage office tower is Winnipeg’s tallest building and its location in the city’s central business district has made it a central feature in many activities taking place at the historic corner of Portage and Main.

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