Parian Capital Corp. Acquires 111 Dunsmuir Street for Limited Partnership ($48.5 million)

On September 24, 2001, Parian Capital Corp., on behalf of a limited partnership, completed the purchase of an office building in Vancouver at 111 Dunsmuir Street in a transaction that values the 222, 291 square foot property at $48,500,000. Parian is a real estate investment, management and development firm.

The Vancouver office of Lang Michener represented Parian Capital Corp. and related entities on the transaction with a team that consisted of Anthony Knight, David Ross, Douglas Pedlow and John Morrison. William Lambert of Gardiner Roberts LLP, Toronto and Steve Mathiesen of Lang Michener (Vancouver) represented Parian Capital Corp. on its securities offering to the public.

Douglas Bolton of Goodmans, Vancouver, represented a consortium of vendors that include some of the original developers and investors. Roger Bourbonnais of Alexander Holburn Beaudin & Lang represented The Standard Life Assurance Company in the financing of the acquisition.