|
|
 |
Sunstone Opportunity Fund (2005) Limited Partnership
Investment Properties |
| |
| First closing: |
Oct. 31, 2005 |
| Second closing: |
Nov. 21, 2005 |
| Third closing: |
Dec. 14, 2005 |
| Total units: |
3,600 |
| Per unit: |
$12,500 |
| Debenture interest rate: |
8% |
| Equity raised: |
$45,000,000 |
| Total portfolio acquired: |
$122,250,000 |
| Number of properties: |
19 (15 divested) |
|
| |
|
Properties by Purchase Price
|
Debt Maturities |
|
| Year |
Debts |
| 2007 |
21% |
| 2009 |
15% |
| 2011 |
26% |
| 2012 |
8% |
| 2016 |
29% |
|
| |
|
4243 Glanford Ave
Victoria, BC |
| Purchase price: |
$5,500,000 |
| Purchase date: |
November 2006 |
| Property type: |
Office building |
| Rentable area: |
38,332 sq. ft. |
| Site area: |
1.28 acres |
| Sale price: |
$6,900,000 |
| Sale date: |
August 2007 |
|
| |
|
Northumberland Mall - 50% interest
Cobourg, ON |
| Purchase price: |
$19,075,000 |
| Purchase date: |
August 2006 |
| Mortgage: |
$14,437,500 |
| Interest rate: |
variable |
| Debt maturity: |
July 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
349,287 sq. ft. |
| Site area: |
31.15 acres |
| Number of tenants: |
44 |
| Key tenants: |
Zellers, Sears, A&P's Save-A-Centre |
|
|
| |
|
Midpark Court
Calgary, AB |
| Purchase price: |
$3,850,000 |
| Purchase date: |
July 2006 |
| Mortgage: |
$2,885,000 |
| Interest rate: |
5.62% |
| Debt maturity: |
August 2011 |
| Property type: |
Office building |
| Area: |
23,334 sq. ft. |
| Number of tenants: |
15 |
|
|
| |
 |
Sherwood Forrest Shopping Village
Mississauga, ON |
| Purchase price: |
$9,550,000 |
| Purchase date: |
July 2006 |
| Mortgage: |
$7,000,000 |
| Interest rate: |
5.76% |
| Debt maturity: |
July 2012 |
| Property type: |
Shopping centre |
| Area: |
43,274 sq. ft. |
| Number of tenants: |
22 |
| Key tenants: |
Starbucks, LCBO Vintages, Edward Jones |
|
| |
|
 |
Team Tube/Encore Metals Portfolio
11 properties |
| Purchase price: |
$23,950,000 |
| Purchase date: |
March 2006 |
| Property type: |
Industrial |
| Area: |
335,742 sq. ft. |
| Sale price: |
$29,470,000 |
| Sale dates: |
August 2006 &
August 2007 |
|
| |
|
 |
River City Centre
Saskatoon, SK |
| Purchase price: |
$22,900,000 |
| Purchase date: |
March 2006 |
| Property type: |
Shopping centre |
| Area: |
160,389 sq. ft. |
| Sale price: |
$27,250,000 |
| Sale date: |
June 2008 |
|
| |
|
 |
Pickering Ridge - 50% interest
Pickering, ON |
| Purchase price: |
$22,225,000 |
| Purchase date: |
March 2006 |
| Mortgage: |
$14,812,500 |
| Interest rate: |
floating |
| Debt maturity: |
March 2009 |
| Property type: |
Shopping centre |
| Area: |
271,543 sq. ft. |
| Overall site area: |
30.57 acres |
| Number of tenants: |
39 |
| Key tenants: |
Staples, Kitchen Stuff, Extreme Fitness, Pennington's |
|
| |
|
|
Mabe Building (formerly Camco)
Montreal, QC |
| Purchase price: |
$11,900,000 |
| Purchase date: |
March 2006 |
| Property type: |
Office building |
| Area: |
164,308 sq. ft. |
| Sale price: |
$13,375,000 |
| Sale date: |
August 2007 |
|
| |
|
 |
Westview Building
Calgary, AB |
| Purchase price: |
$3,300,000 |
| Purchase date: |
December 2005 |
| Property type: |
Office building |
| Area: |
34,453 sq. ft. |
| Sale price: |
$5,800,000 |
| Sale date: |
August 2007 |
|
|
|
|
|
 |
|
pdf 880K
