Concert's CREC Commercial Fund LP has been renamed Concert Income Properties LP to reflect the inclusion of multifamily residential rental properties into its current mix of industrial and office.

Concert’s CREC Commercial Fund LP has entered into an agreement to purchase a 90 per cent interest in a distribution facility in Ottawa.

CREC Commercial Fund LP has added a landmark asset to its commercial real estate portfolio, with the $158.25 million acquisition of an 895,038-square-foot warehousing and distribution