In 2012, Canderel acquired the Ironwood Professional Building in Edmonton Alberta. It has since been renamed Compass Place.
This 84,183 sq. ft., 10 storey multi-tenant office building situated downtown, represented Canderel’s first expansion into the Edmonton market.
The property is located just off Jasper Avenue at 112th Street within Downtown Edmonton’s Government District. This provides tenants with all the benefits of the vibrant Oliver community along with proximity to the rest of the "core" and abundant street parking. Jasper Avenue is a vibrant retail corridor with many shops, services and popular restaurants within one block of the property.
Major tenants include Canderel's Alberta based property management affiliate, Humford Management Inc., CBI Home Health Care, Tetz Accounting & Management Services Inc., Optimum West Insurance and the Legal Resource Centre of Alberta.
Current office space availability ranges from 1,362 sq. ft. to 6,214 sq. ft.