February 14, 2022
Epic Investment Services and MDC Realty Advisors Execute on U.S. Industrial Program
Epic Investment Services is pleased to announce that our U.S. subsidiary, MDC Realty Advisors (MDC), has acquired the Royal Paper Converting Facility in Phoenix, Arizona on behalf of private investors. The 258,354 sq.ft. infill industrial asset is centrally located on the I10 corridor, with ability to service major markets, and in close proximity to the Phoenix Sky Harbor International Airport.
The property will be managed by MDC and is fully occupied by a single tenant on a long-term lease with renewal options. Epic and MDC have acquired over $200 million of industrial properties in the last 12 months as the company grows its industrial program across North America. Royal Paper is the first industrial asset in Phoenix.
ABOUT EPIC INVESTMENT SERVICES
Epic Investment Services, which includes its wholly owned subsidiary MDC Realty Advisors in the United States, is a fully integrated North American real estate platform. Headquartered in Toronto, Canada, and operating from offices in Canada and the United States, Epic has over $17.5 billion in assets under management. Epic’s portfolio comprises over 30 million square feet of office, retail, industrial and multi-family residential properties.
About MDC Realty Advisors
MDC Realty Advisors (MDC) is a wholly-owned US Subsidiary of Epic Investment Services. With its head office in Denver, CO, MDC manages over 6 million square feet of commercial assets across the US on behalf of institutional and private investors. For more information about MDC, visit mdcra.com