Triumph Real Estate Investment Fund acquires Carling Plaza in Ontario
On September 17, 2018, Triumph Real Estate Investment Fund acquired Triumph Carling Plaza located at 1657-1673 Carling Avenue in Ottawa, ON. This is the first acquisition in the Ontario market and it was acquired for $5,250,000 and appraised at $5,700,000. The property is fully leased with mixed-use retail on the main floor and offices on the second floor. The Carling acquisition brings the total portfolio to nine properties, 4 in Canada and 5 south of the border. This acquisition also represents the last property that will be acquired by Triumph Real Estate Investment Fund.