Blackwood Partners Purchases Warehouse Facilities

Blackwood Partners Inc. (formerly PricewaterhouseCoopers Real Estate Investment Management Services) purchased from Hopewell Developments three warehouse/logistics facilities in Brampton, Ontario, by one of its pension fund clients. The total purchase price was approximately $75 million. The last purchase was completed on January 10, 2003.

Blake, Cassels & Graydon LLP acted for Blackwood Partners, with a team led by Thomas von Hahn and including Bob Macdonald and John Hutmacher. Hopewell was represented in-house by Kevin Pshebniski, president, along with Brian Chu of Bogart Robertson & Chu.