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