Triumph Real Estate Fund II Announces Fourth AcquisitionJuly 1 , 2022
Triumph Real Estate Investment Fund II (“Triumph”), a Canadian investment fund based in Calgary, Alberta, is pleased to announce that it has acquired 4130 E Van Buren St. Phoenix AZ.
The Van Buren property is composed of 31,475 sf. Lot size 60,140 sf with 109 parking stalls. The property at time of closing is over 83% occupied and was purchased at a significant discount to replacement cost, which provides Triumph a significant value-add opportunity.