Panattoni has acquired Twin Willows Business Park, a 100-acre industrial development site in Edmonton, the company announced via social media.

According to a published report, Panattoni acquired the site from the owner of the nearby Twin Willows Golf Club.

Located in one of the region’s most active industrial corridors, the site is planned to support up to 2 million square feet of industrial space, said the company. The acquisition expands Panattoni’s long-standing presence in Alberta,, where it has developed more than 700 acres and 5 msf of industrial space over the past 20 years.

“The acquisition of Twin Willows Business Park reinforces Panattoni’s continued confidence in the Edmonton market,” said Mark Edwards, vice-president of development at Irvine, Calif.-based Panattoni, in a LinkedIn post. “Building off the success of the [nearby] Apex Phase 1 and 2 projects we look forward to starting work on this site in 2027.”

Land servicing and construction are expected to begin in 2027, with the company planning to advance the project through build-to-suit opportunities as part of the initial phase.

Avison Young Principal Thomas Ashcroft and Wayne Paradis, an agent with ReMax River City brokered the transaction.

Financial terms were not disclosed.

Pictured: Future industrial building at Twin Willows Business Park in Edmonton.

Rendering: Panattoni