These three industrial assets comprised modern refrigerated and freezer warehouse and distribution facilities located in St. Laurent, QC, and Edmonton, AB.
The St. Laurent property was well positioned near the Trans-Canada Highway and Pierre Trudeau International Airport, supporting efficient regional and national logistics operations. The two Edmonton facilities were located within established industrial areas and supported cold-chain warehousing and distribution operations serving Western Canada. Collectively, the assets provided essential temperature-controlled infrastructure in key Canadian markets.
Lotus Capital acquired the portfolio in 2016 and realized the investment in 2022. The facilities were leased to a national cold-storage and logistics provider, reflecting Lotus Capital’s approach to investing in specialized industrial assets supported by long-term tenant demand and
strategic locations.