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Experienced Capital is Actively Targeting Downtown Opportunities 

  • Writer: ClearView Insider
    ClearView Insider
  • Apr 22
  • 1 min read

Armco Capital is moving forward with the acquisition of Stephen Avenue Place and two neighbouring retail assets in downtown Calgary, continuing its expansion in the core.  The 40-storey Stephen Avenue Place office tower and two adjacent retail buildings are currently under receivership. Since late 2023, subsidiaries associated with G2S2 Capital have assembled close to 3 million square feet of office space, with this acquisition expected to bring the total to approximately 3.6 million square feet.

 

Follow Clearview for more Calgary commercial real estate insights.

 

Source: RENX, “Armco to buy Calgary's Stephen Avenue Place, 2 adjacent retail sites”


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