Prime Holdings Inc., CORE Realty Partners Inc’s asset management division, closed its first tranche of $1.4 million of Class A shares used to purchase the first 2 levels of Building 11, 5045 Orbitor Drive located in Mississauga ON.
Located in Mississauga’s desirable airport conference district, the acquisition is the first of many planned for Prime Holdings. The property is professionally managed and fully leased, with a 12-month rental guarantee. Moreover, CORE believes that the net operating income can easily be improved within the current rental market.
For more details, visit www.primeholdingsinc.ca/orbitor.
Securities offerings are made available through First Republic Capital, an exempt market dealer.