Merivale Fair

The following is a project which one or more of Colterra Capital’s team members were integrally involved as senior executives or partners of the ownership entities.

• Location: Ottawa, Ontario, Canada
• Type: Mixed use retail and office
• Size: 78,250 sq. ft.
• Acquisition date: November 2002
• Disposition price: $12,900,000
• Disposition date: May 2007
• Comments: It was purchased in a 50/50 joint venture with Time Equities in New York. The project’s investors averaged a return on investment of over 35% per annum.