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Demolition Set to Begin for New Development at 257 Osborne Street

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					PRESS RELEASE                                                 Please direct inquiries to:
                                                       Adrian Schulz, 204-272-8799




 Demolition Set to Begin for New Development at 257 Osborne Street

         Landmark Office Tower to transform Winnipeg's Confusion Corner.

                                         WINNIPEG, MB (April 16, 2013) -- Demolition will
                                         begin Wednesday, April 17, 2013 at the site of the
                                         future Landmark Office Tower at Confusion Corner
                                         in Winnipeg.

                                         The demolition, which will begin at 10 a.m. and
                                         last four to six weeks, will make way for the new
                                         construction project. Local firm Imperial Properties
                                         is the property manager and leasing agent for the
                                         development.

                                        "We are very excited to see work begin on the
                                        Landmark Office Tower this week," said Adrian
                                        Schulz, spokesperson for Imperial Properties.
                                        "This is a great opportunity for the local
                                        community and members of the news media to
                                        attend and watch this major project commence.
Over the next year, there are going to be some significant changes made to the site that
will transform and enhance Confusion Corner overall."

Space at 257 Osborne St. site opened up when the previous commercial tenant, Bruni
Auto, moved to a different location. The Imperial Properties team has been working on the
development project for the past months, and now that warmer weather is on its way, the
company is eager begin the demolition and construction process.

The Landmark Office Tower will be a first-class commercial structure featuring large
windows, an open and customizable floor plan, modern mechanical systems and onsite
property management. It is located at the highest traffic count intersection of Winnipeg,
where traffic counts average more than 91,100 vehicles per day. It is the key connection
point to the City Center, Osborne and Corydon Village.

Already leased are the main retail floor-to a national restaurant chain-and one office floor,
which a business center operator will occupy. This leaves three floors and 18,120 total
square feet available which are ideal for professional or medical office use.
"This will be a state-of-the-art office building, and there is still plenty of space with ground
and underground parking available for business tenants to claim," Schulz said. "We do
expect this space to lease up quickly, so we encourage all interested parties to inquire
soon. The amenities of the new building, combined with its outstanding landmark location,
are sure to give tenants some wonderful opportunities for success."

Wednesday's demolition will also provide media members with the opportunity to take
"before" photos of the current structure, and then track the effort's progress in the
upcoming months.

The Landmark Office Tower project is scheduled for completion by 2014. To learn more
about Imperial Properties and its work, visit http://www.imperialproperties.ca/commercial.

-Ends-

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Description: Landmark Office Tower to transform Winnipeg's Confusion Corner.