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Claridge IC Properties 4, Limited Partnership, in collaboration with Colonnade BridgePort, has acquired a property in Ottawa to develop a residential project featuring approximately 127 rental units.
The development, named Artefact on Argyle, is a 12-storey boutique residential tower located at 100 Argyle Avenue in Ottawa's Centretown community. The project broke ground in November 2024 and is expected to welcome tenants by Fall 2026.
Davies Ward Phillips & Vineberg LLP acted as legal counsel for Claridge IC Properties 4, Limited Partnership with a team that includes Joseph Jarjour, Stefanie Milner, Jonathan Godin and Jordana Khouah (Real Estate).
Parties
Company
Claridge IC Properties 4, Limited Partnership
Company
Colonnade BridgePort
Deal Type
Joint VentureIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
22 November 2024