Edmonton Journal - Edmonton’s Royal Alex Place gets a makeover

Posted on July 24, 2016


A Vancouver-based real-estate developer has announced the acquisition of an 11-storey building near Edmonton’s Royal Alexandra Hospital.

Hungerford Properties acquired Royal Alex Place at 11112 101 St. from a private family for an undisclosed price around two months ago, said Michael Hungerford, a partner at Hungerford.

“We have a long-term investment strategy in Edmonton and we’re very pleased to add this to our portfolio,” said Hungerford.

The mixed-use building is an occupied, tenanted building with 44 residential units and three storeys of commercial space. Many of the current occupants work at the nearby hospital, said Hungerford.

This will be the company’s third property investment in Edmonton in the last two years, he said.

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