216 Elgin Street was purchased by Devtrin (Elgin) Inc. (Trinity Development Group Inc.) from Caribou Urban Properties Inc. (First Capital
Realty Inc.) for $12,000,000 or $962 per square foot. It is improved with a singlestorey, multi-tenant retail building. It is
anchored by a newly leased Starbucks, Johnny Farina and Harvey’s Inc. It was 100% occupied at the time of sale. It
sold as part of a portfolio including 2 other Ottawa properties and 4 Torontoproperties that were listed by CBRE.
http://www.juteaujohnsoncomba.com/newsletters/2018/May-2018-Newsletter-March-Sales.pdf
381 Kent Street was purchased by Devtrin (James) Inc. (Trinity Development Group) from Caribou Urban Properties Inc. (First Capital
Realty Inc.) for $10,000,000 or $231 per square foot. It is improved with a fivestorey, plus basement, medical office
building that was constructed in 1970.
Paved surface parking is provided for 114 vehicles. It sold as part of a portfolio including 2 other Ottawa properties and
4 Toronto properties that were listed for sale by CBRE.