11931 – 145 Street, Edmonton, Alberta
Acquired in: 2020
71,519 total sq/ft
2.97 acres of land
Located in Edmonton’s Dominion Industrial area, this property is 100% leased and currently serves as a distribution warehouse for a major supplier of foodservice equipment and supplies that serves much of its Western Canadian market from this location. Complementary to its purpose as a distribution centre is its location, close to major transportation links including 149 street, 118 Avenue, and Yellowhead Trail, a major thoroughfare.
The fully fenced and paved property features 71,519 ft2 of leasable concrete-block building on a 2.97-acre site. It primarily consists of a large, open, distribution warehouse (65,381 ft2) with 12 dock level overhead doors, full interior sprinklers and LED lighting throughout. The building has clear ceiling heights of 21 feet under deck. It also includes approximately 6,000 square feet of demised office space. Though the building was originally constructed in 1972, a strong maintenance and replacement program has given it an effective age of approximately 10 years. Recent maintenance has included new mechanical systems throughout along with a new roof membrane.
Meet the Tenant
Russell Hendrix is Canada’s largest supplier of equipment and supplies for the foodservice industry. The company, which is headquartered in Brockville, Ontario, was formed through a merger of two long-standing industry leaders, Russell Food Equipment and Hendrix Hotel and Restaurant Supply and represents more than half a century of experience. The company offers both equipment and smallwares, combined with design, sales, installation, custom fabrication, and parts and service departments, to complete a full service offering to its customers. More information, and complete product offerings can be seen at russellhendrix.com.