True North Commercial Real Estate Investment Trust completes four previously announced acquisitions

True North Commercial Real Estate Investment Trust (TNT.UNwww.truenorthreit.com/) has completed four previously announced acquisitions:
 
340 Laurier Avenue West, Ottawa, Ontario - The Laurier Property
 
The Laurier Property is 100% occupied, with the Canadian Federal Government leasing approximately 98% of its rentable area, and is well maintained with high quality common area and building systems. The Laurier Property has a prominent location on a well-recognized downtown arterial road and is located within Ottawa's downtown central business district, five blocks from Parliament Hill.
 
400 Maple Grove Road, Ottawa, Ontario - The Maple Property
 
The Maple Property is fully leased to Honeywell International. The Maple Property is located near the intersection of Terry Fox Drive and Maple Grove Road in the heart of Terry Fox Business Park, one of the more desirable suburban office nodes in Ottawa. The Maple Property is located approximately 20 minutes west of the downtown core of Ottawa.
 
Miramichi Business Complex, 410 King George Highway, Miramichi, New Brunswick - The Miramichi Property
 
The Miramichi Property is an office/retail facility originally constructed in 1969 as a neighbourhood retail strip plaza with major renovations completed in 1995, 1996, and 2012. Over $4 million of capital improvements were made over the last two years to facilitate the change of use for recent tenant additions, namely the Federal Government of Canada.
 
400 Carlingview Drive, Toronto, Ontario - The Carlingview Property
 
The Carlingview Property is 100% occupied on a recently entered into five year lease. The Carlingview Property benefits from the close proximity to Toronto Pearson International Airport and has access to highways 401, 407, 427, and 409.
 
The previously announced acquisition of Century Park Place, 855 8th Avenue SW, Calgary, Alberta was expected to be completed on or about February 14, 2013.

on February 12, 2013