TSX:TNT.UN - Post by User
Comment by EstevanOutsideron Jun 11, 2024 9:08pm

108 Views
Post# 36083888
RE:400 Cumberland.
RE:400 Cumberland.looks like the gov running away from that property due to the crackheads in the byward market, but they still have 4 years of lease left which i assume they have to honor. that building is prime other than the crack heads. the buildings across the road have seen luxury condo developments. it's immediately adjacent to the rideau center and the new ottawa rail system.... they bought it for $220 psf, have to think its marketable for around that price even without tenants
also, TNT sold the 1161 crawford property in peterborough, more assets sales to come.