Project Description

Clearview purchased a 25% interest in this 40-acre development site in 2012 along with a prominent industrial developer.  Three industrial manufacturing buildings were constructed totaling over 220,000 sq.ft. and the entire project was leased to a large industrial fabrication Tenant on a long term lease.  

This property produced regular monthly distributions to our partners and was sold in June of 2019 for $60,000,000

Project Information

  • Inception Date: October 1, 2012
  • Funds Raised: $2,500,000
  • Funds Returned: $7,142,838
  • Completion Date: June 30, 2019
  • Total Return: 285% 
  • Annualized Return: 42.32%
  • Land Size: 40.0 Acres
  • Development Size: 221,000 Sq. Ft.

Project Address: 285188 Frontier Road, Rocky View County, AB