Imperial Equities Inc. Announces the Purchase of the RME Building
EDMONTON, ALBERTA – Imperial Equities Inc. (“Imperial”) today has announced it has completed the Purchase of the Rocky Mountain Equipment Building located 6425 – 55 Avenue, Vegreville, Alberta. The transaction, which closed on June 21, 2019 between 1456253 Alberta Ltd. and Imperial, is in the amount of $2,550,000.00 and is Imperial’s second property to be included in its newly established agricultural (AG) division.
The 5.89-acre industrial property comprises four buildings, including a main building facility and three ancillary buildings for a cumulative total of 33,295 ft2. The property serves as a regional sales and service centre for Rocky Mountain Equipment, the largest independent dealer of Case IH and Case Construction equipment in Canada and the second largest in the world.