True North Commercial Real Estate Investment Trust (REIT) has completed four acquisitions: two in Ottawa, and one each in Miramichi, N.B., and Toronto.

1. 340 Laurier Ave. W., Ottawa
The Laurier property is 100 per cent occupied, with the federal government leasing approximately 98 per cent of its rentable area. It is well-maintained, with high-quality common area and building systems. The Laurier property has a prominent location on a well-recognized downtown arterial road. It located within Ottawa’s downtown central business district, five blocks from Parliament Hill.

2. 400 Maple Grove Rd. Ottawa
The Maple property is fully leased to Honeywell International. It is located near the intersection of Terry Fox Drive and Maple Grove Road in the heart of Terry Fox Business Park, one of the more desirable suburban office nodes in Ottawa. The Maple property is situated approximately 20 minutes west of the downtown core of Ottawa.

3. Miramichi Business Complex, 410 King George Highway, Miramichi, N.B.
The Miramichi property is an office/retail facility originally constructed in 1969, as a neighbourhood retail strip plaza. Major renovations were completed in 1995, 1996 and 2012. More than $4 million of capital improvements were made over the last two years to facilitate the change of use for recent tenant additions, namely the Government of Canada.

4. 400 Carlingview Dr., Toronto
The Carlingview property is 100 per cent occupied on a recently entered five-year lease. The property benefits from the close proximity to Toronto Pearson International Airport and has access to four major highways.