Latest News
Anthem Acquires Industrial Site in Calgary, Canada
Monday 27 June 2022

US-based real estate development, investment and management company Anthem has acquired 95 acres of prime industrial land, formerly a pipe fitting property, located in Southeast Calgary, the company said.

Terms of the transaction were not disclosed.

This is the latest in a series of acquisitions from the company's newly formed industrial team.

Since August 2021, Anthem's industrial portfolio in Calgary has grown by over 375% with the acquisition of five existing industrial properties, totaling upwards of 650,000 square feet of gross leasable area, along with approximately 290 acres of industrial development land.

Anthem's latest development project sits on a former welded steel pipe manufacturing facility. Development plans will turn the site into a multi-phase business park with facility options for small- to medium-format occupiers, along with ancillary retail components.

Anthem has invested in, developed or managed alone or in partnership more than 310 residential, commercial and retail projects across western North America.
Date Published: 27/06/2022