Seamax Development Group INC.

In 2017, we embarked on a strategic acquisition and management endeavor with the purchase of a 67,000 square foot industrial and commercial building  in Calgary, Alberta At the time of acquisition, the building was nearly 80% vacant, presenting a unique opportunity for value enhancement.

Recognizing the potential inherent in the property, we implemented a proactive strategy to maximize its value. One key initiative was the condominiumization of the building, resulting in the creation of 12 strata units. This not only streamlined management processes but also served to optimize the asset’of over $12 million..

Through diligent efforts and meticulous management, we successfully stabilized the property, achieving full occupancy. Today, the building stands fully occupied, reflecting a desirable and profitable outcome for our shareholders.

Our commitment to maximizing asset value and delivering exceptional returns underscores our dedication to strategic investment and effective management practices. We are proud to have transformed this property into a thriving asset within Calgary’s industrial landscape.