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Purolator Courier Building

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: Halifax International Airport, Nova Scotia, Canada
  • Type: Industrial
  • Size: 28,500 sq. ft.
  • Acquisition date: April 2006
  • Disposition date: February 2008
  • Comments: The property was built to suit for Purolator Courier on a long term lease. Lexington partnered with an Israeli investment company. Return to investors was 35% per annum.