TransCanada Tower, Calgary

This 931,187 square foot, 38 storey, Class A office tower is the head office of TransCanada Pipelines, a leading energy infrastructure company in North America.

H&R REIT exercised its option to purchase this building and the 20 year lease commenced on May 1, 2001. The lease contains rental escalations every 5 years. Located in downtown Calgary, TransCanada Tower is connected to Calgary's +15 Skywalk, a public walkway that links buildings throughout Calgary's downtown core. TransCanada Tower is also one of three major office towers that H&R REIT owns in downtown Calgary.

Location: 450-1st Street, SW, Calgary, AB
Tenant: TransCanada Pipelines
Square Footage: 931,187
Ownership Interest: 50%