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Old Posted Apr 24, 2011, 7:19 PM
dmac26 dmac26 is offline
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Join Date: Nov 2009
Posts: 31
In your response to the question about who has purchased the West End Mall, read this interesting link. Turns out it was the Ontario Pension Board who also owns other real-estate in the city. Go figure.

Title: West End Mall sold to Ontario Pension Board

The owner of the West End Mall in Halifax has sold the property for $10.4 million.

Crombie Real Estate Investment Trust said Friday it has sold the retail and commercial project to
OPB Realty Inc.

West End Mall is located on a 1.7-hectare site and has leasable space of about 204,000 square feet.

Its 44 tenants include Sears Canada Inc., Wal-Mart and a num ber of offices and small retailers. OPB Realty owns retail proper ties across the country.

Source: Halifax Herald

Along with this latest acquisition, the OPB also owns several other interests in Halifax:

Halifax Shopping Centre - 527,000 square feet
Halifax Shopping Centre Annex - 419,000 square feet
2003 Gottingen Street - 25,000 square feet
215 Chain Lake Drive - 65,000 square feet
Halifax Office Complex - 114,000 square feet
Burnside Industrial Park - 498,000 square feet
Wright Place - 107,000 square feet

SOURCE (http://www.opb.ca/CMS/Assets/Publica...eal+estate.pdf)

Just thought this was interesting.

While city council is turning away viable development in HRM, other parts of the country are buying us up piece by piece. Rather ironic, isn't it?


original document found at
http://www.novascotialive.com/index....e;topic=1010.0
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