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Algoma Central Properties

Algoma Central Properties Inc. (“ACP”) owns and manages commercial real estate in St. Catharines, Sault Ste. Marie and Waterloo, Ontario. In St. Catharines, properties include Ridley and Huntington Square commercial plazas, three office buildings known as 63 Church Street, 20 and 25 Corporate Park Drive, as well as a light industrial property named Martindale Business Centre. ACP also owns 50% of Seventy-Five Corporate Park Drive Ltd. (a joint venture with Meridian Credit Union) which owns an office building and is managed by ACP.

The Sault Ste. Marie properties owned and managed by ACP include Station Mall, a full-service hotel, the Station Tower and 289 Bay Street office buildings and a residential apartment building, Station '49'. In Waterloo, ACP owns and manages three office buildings located at 408, 410 and 412 Albert Street, which collectively is known as the Waterloo Technology Campus.

The Corporation plans to spend approximately $7,500 in 2009 including a remodernization program of the hotel and leasehold improvements and general upgrades for other owned properties.





ALGOMA CENTRAL PROPERTIES

Committed to the communities and the markets we serve.