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895 Waverley Street

Purchased as part of a two-building suburban office portfolio in June 2019 by MMI Opportunity Fund I and then sold to a separate ownership group in December 2019, 895 Waverley is a fully leased single-tenant asset located in the highly desirable Southwest quadrant of Winnipeg. This property has been well maintained throughout its institutional ownership history and is leased to a strong regional tenant. This tenant recently expanded to occupy the entire building and the landlord was happy to work closely with them to structure a deal that will keep this asset occupied for the foreseeable future.

location:

Southwest Winnipeg

square footage:

36,424 sq. ft. rentable

asset type:

Office Building

DATE purchased:

December 2019

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