AUTOMATED RIG and AICRE secure a new home

New Edmonton Home For Local Oil Manufacturer

Edmonton, Alberta: June, 2022 – AICRE is pleased to announce the successful representation of AUTOMATED RIG TECHNOLOGIES LTD. in finding a new home in Edmonton, Alberta.  AUTOMATED RIG TECHNOLOGIES LTD., an industry leader and innovator in the Land-Based Drilling & Well Servicing Markets, has secured over 25,000 SF in YORK Realty property located at 9305 27 Avenue, Edmonton.

“It is becoming challenging to find heavy-duty industrial shops with all the amenities that a user could wish for, including large crane lift capability, wash facility and functional yard space. We are pleased that we were able to deliver on the faith that AUTOMATED RIG put in us at AICRE to find them a suitable location as they outgrew their previous facility and embark on a new growth cycle.” said Jim McKinnon, partner at AICRE and who represented AUTOMATED RIG TECHNOLOGIES LTD. in the above-mentioned lease transaction. “We think it is a great fit between a local and proud Albertan landlord and an Albertan Tenant – a Tenant delivering next-generation technology for enhanced oil recovery in the world’s most responsible oil and gas industry.” said McKinnon.  

Market June 2022: Alberta’s market continues to strengthen and recover as oil prices stabilize around $100 (US) WTI a barrel, and unemployment rates continue to decrease (5.9%).

For more information, contact Jim McKinnon at 780-719-8183 or jim@aicrecommercial.com

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About AICRE Commercial
AICRE Commercial is a full-service brokerage that specializes in Albertan Commercial and Industrial real estate. The brokerage offers tenant and landlord advisory services, as well as purchaser and vendor
representation and full-service real estate solutions. For more information, please visit https://aicrecommercial.com/ or LinkedIn.


Press Contact
Katie Parent
780-655-5988
katie@aicrecommercial.co