Crp Cpmi: Crown Completes Largest Acquisition in its 20-year History

TORONTO, April 07, 2022 (GLOBE NEWSWIRE) -- Crown Realty Partners ("Crown") is pleased to announce the acquisition of a 1.2 million square foot office community in the heart of one of Ontario's most dynamic business nodes. The investment is made on behalf of two of Crown's value-add funds, Crown Realty IV and Crown Realty V Limited Partnership. Located along Mississauga's prominent Hurontario corridor in the Heartland Business Community, the 50-acre property is comprised of five office buildings and a retail bank branch. It boasts attractive features including: Proximity to 400-series highways, public transit, and the highly anticipated Hurontario LRT On-site food services, fitness centres, collaborative spaces, and daycare Electric vehicle charging stations and access to manicured greenspace ESG-focused initiatives will be essential to Crown's repositioning of the already LEED and BOMA BEST certified properties. In addition, Crown plans ...Full story available on Benzinga.com