Barrie Power Centre
Barrie
Ontario
THIS PORTFOLIO COMPRISES FIVE BUILDINGS,
including a state-of-the-art, 12-screen Galaxy Cineplex
Theatre
on six acres of land facing the very busy Highway
400, the main road from Toronto to Cottage Country.A
newly constructed office building anchored by Sunlife
Insurance Company 
,
an indoor Putting Edge with children’s golf
and party room and an adjoining restaurant 
.
Purchased March 8th, 2007 for $21,550,000 on behalf
of Churchill IV Real Estate Limited Partnership.
Also purchased in this portfolio
were two multi-tenant industrial buildings on the
north side of Barrie with good visibility to Highway
400, close to Georgian College and the Royal Victoria
Hospital. These industrial buildings have been built
out to an average of 75% offices. In July 2007, the
2006 Canadian Census reported Barrie, Ontario as the
fastest growing city in Canada with a population of
more than 100,000 people. The five year growth was
19.2%, by way of comparison Calgary, Alberta was 13.4%.
Buildings 
through
were purchased January 31st 2008 for Churchill Real
Estate Limited Partnership
