Zurich Court

Investment Highlights

• Significant Capital Improvements: The Property has undergone extensive interior renovations, including upgraded mechanical systems, modernized common areas, renovated lobbies, LED lighting, HVAC controls, and fire monitoring systems, reducing future capital requirements.
• Distinctive Building Design: One of the Northeast’s more architecturally appealing suburban office properties, featuring renovated lobby areas and quality common spaces that differentiate the asset within its competitive set.
• Flexible Occupancy Options: Large floor plates and multiple access points support both single-tenant and multi-tenant configurations, accommodating office, educational, medical, government, technology, and institutional users.
• 97% Occupied: Zurich Court is 97% occupied and consistently outperforms the Calgary Office Market. Quality upgrades and flexible floorplates have kept Zurich Court almost fully leased through the decades the current owner has owned the building.
• Comprehensive Tenant Amenities: The Property offers a dedicated fitness centre, cafeteria, multiple boardrooms and meeting rooms, enhancing the workplace experience and supporting tenant retention.
• Built-in Rental Growth: The Property is supported by a 3.29-year weighted average lease term (WALT), with contractual rental escalations across more than 50% of the leasable area providing stable in-place income and predictable revenue growth.