Edgefront REIT closes acquisition of TriWest-held industrial properties
Edgefront Real Estate Investment Trust (TSXV: ED.UN) has completed its acquisition of three Alberta industrial properties controlled by Canadian mid-market private equity firm TriWest Capital Partners through two portfolio companies. The transaction, previously valued at $36.7 million, involved the assets of Triple M Housing Ltd, which TriWest acquired last year, and of Northern Mat & Bridge LP, which has been backed by the firm since 2012. Calgary-based TriWest has raised $775 million in committed capital since its founding in 1998.
17 July 2014•2 mins read
