Green Touch Builders | Canadian firm scoops up Superior office building for $25.8 million
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April 20, 2015 By SEO Admin

Canadian firm scoops up Superior office building for $25.8 million

A Canadian real-estate investment trust has acquired Superior Pointe, an office building in Superior, for $25.8 million.

City Office REIT (NYSE: CIO) acquired the 149,006-square-foot, Class A office property, which is located at 1000 S. McCaslin Blvd.

The property is 90 percent occupied and was built in 2000.

“Superior Pointe represents a quality acquisition for City Office REIT with strong strong in-place cash flow from credit tenants,” said James Farrar, CEO of City Office REIT. “The property…