Canada Pension Plan Investment Board, WAM Development Group and Walton Group of Companies Announce Joint Venture

Canada Pension Plan Investment Board (CPPIB), WAM Development Group (WAM) and Walton Group of Companies (Walton) announced today a joint venture to develop a 250 acre industrial site in northwest Edmonton, Alberta. The development project will transform the current land into approximately four million square feet of distribution and logistics warehousing.

Henday Industrial Park will be developed in two phases, with phase one expected to break ground in summer 2014. WAM and Walton, through Walton Development and Management (Alberta) LP, will jointly develop the property.

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