Artis Real Estate Investment Pref Shs Series E ARESF

Primary Symbol: T.AX.PR.E Alternate Symbol(s): T.AX.UN | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > Large US office in Minessota re-leased to Thomson Reuters

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Post by EstevanOutsideron Jun 17, 2024 8:53pm

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Post# 36093245

Large US office in Minessota re-leased to Thomson Reuters

was doing some due dilligence on Artis' US properties last night. One of their largest is 2900 Ames in Eagen, MN, a property built specifically for Prime Therapeutics.

after the covid scam, they decided they were going to continue workign from home so put the entire property up for sublease despite having a decade of lease left.

then came thomson reuters who took most of the building. artis has a very high quality tenant in one of their newest and largest office properties:

https://tcbmag.com/thomson-reuters-announces-new-office-location/

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