Ranchlands
Located in northwest Calgary, Ranchlands is a 68,900 sf Class B retail property with second-floor office space on a 3.8-acre site. Lotus Capital acquired the property in 2003 and successfully repositioned the tenant mix through active asset management. The investment generated an approximately 85% increase in net operating income before being successfully realized in 2007.
Horizon Heights
Located in northeast Calgary, Horizon Heights is a 76,372 sf neighbourhood shopping centre. During Lotus Capital’s ownership, the property benefited from a strong mix of national retailers and strategic leasing initiatives that enhanced its long-term value. During the hold period, the property was enhanced through strategic leasing initiatives, including the development of a new pad […]