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.
||450-1st Street, SW, Calgary, AB