Airdrie Industrial Lands
Airdrie, Alberta

Purchased in 2006 for $9,300,000 and sold in 2007 for $11,750,000. Airdrie Industrial Lands is 160 acres of land located on the main route from Calgary to Edmonton on Highway 2 (Queen Elizabeth Freeway) – the fastest growing corridor in North America. The land is just 15 minutes north of Calgary International Airport. Airdrie Industrial Land was farmland that has now been designated to be an Industrial Park. Churchill was proceeding with the rezoning process when a transaction was made with a prominent Vancouver industrial developer to sell the property at a substantial profit.