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Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  MDPCF | T.MPC.C

Madison Pacific Properties Inc. is a Canada-based real estate company, which owns, develops, and operates office, industrial, commercial, and multi-family rental properties located in British Columbia, Alberta, and Ontario. The Company also has investments in joint ventures that develop residential properties. The Company’s investment portfolio comprises around 54 properties with approximately 1.9 million rentable square feet (sq. ft) of industrial and commercial space and a 50% interest in two- multi-family rental properties with a total of 94 units. It offers a range of property management services for its portfolio of investment properties, which include tenant services and relationships, building operations, lease administration, property accounting and reporting and project management services. Its development properties include a 50% interest in the Silverdale Hills Limited Partnership which owns approximately 1,400 acres of development lands in Mission, British Columbia.


TSX:MPC - Post by User

Post by undervalueon Mar 15, 2022 5:43pm
168 Views
Post# 34516663

Archer Green

Archer GreenPolygon on their Twitter page reports Archer Green is sold out.
MLS has a 1500 ft 3 bed interior unit for sale ask 840k.
Again, major margins at those prices.
162 units in a year approx.  81 units for MPC. 
Has to be close to an extra 15 to 20 million.
The way to look at Mpc is to realize you own a very well located portfolio of industrial, retail and office in the best market in Canada.
Significant redevelopment options to explore in Mount Pleasant and Rupert Square. 
Residential sites via Rona packages. Port Coquitlam is 1200 units.
Finally, Silverdale kicking off this type of extra cash for the next 20 years, likely much higher amounts.
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