Aspen Properties Email Format

Real EstateAlberta, Canada51-200 Employees

Aspen Properties is a privately held, fully integrated real estate company based in Calgary, Alberta, and located at 140 4 Avenue Southwest Calgary, Alberta t2p 3n3 Canada. The company owns and manages approximately 4.25 million square feet of office space and 3,800 parking stalls across Calgary and Edmonton, including eleven downtown Calgary buildings and three downtown Edmonton buildings. Aspen Properties was formed in 1998 by partners with extensive real estate experience and operates with a seasoned board of directors; it describes itself as an entrepreneurial, boutique real estate company investing in downtown office buildings and pursuing value-add initiatives. The firm maintains strong financial relationships and capital support, leveraging blended yields from existing operations, acquisitions, debt and equity financing, and new office development. Since inception, Aspen has completed over $2.4 billion in acquisitions and dispositions across 130 assets, and has been involved in activities such as privatizing two TSX-listed companies, asset repositioning, and developing a 300,000-square-foot 'AA' office tower on the Palliser block in Calgary.

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