Strathcona Plaza, located at 75 Avenue and Calgary Trail northbound has been sold to United Centre Properties Ltd. The multi-tenanted property was sold for $1,415,000.00.

"This property is an example of the type that Imperial focused on to add value," said Sine Chadi, chief executive officer of Imperial Equities. "When we acquired the Strathcona Plaza it was approximately 50% vacant. Within 3 months we were able to achieve 90% occupancy and the value of the Plaza increased accordingly." With every investment property, there comes a time when we believe we have maximized its potential and the disposition of the asset would be beneficial to our company". I am confident that this was the right decision," Chadi said.

About Imperial Equities Inc.: Imperial Equities Inc. is based in Edmonton, Alberta. The company is dedicated to aggressive growth through the acquisition, development and re-development of commercial and industrial real estate properties in its targeted Edmonton and Alberta markets. More information about Imperial Equities is available by calling (780) 424-7227 or e-mailing the company at askus@imperialequities.com