One Properties has delivered a new 212,000-square-foot warehouse at its StoneGate industrial park in northeast Calgary.
The Alberta government reported the completion on its major projects website. The project had an estimated cost of $41.3 million, according to the project.
The property, known as 5A, has 42 dock doors, three drive-thru doors, 40-foot clear-height ceilings, 73 trailer stalls, 230 staff parking stalls, according to a One Properties brochure.
Mississauga-based Leeswood Construction built the warehouse. The project is one of several industrial buildings that are already built, or under development in a 1.67-million-square-foot industrial area that sits on 228 acres.
One Properties is also developing StoneGate Common, a 720,000-square-foot retail centre, in the same district.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.