Generated by All in One SEO v4.9.2, this is an llms.txt file, used by LLMs to index the site. # Parkit Enterprise Inc TSX.V: PKT | OTC: PKTEF ## Sitemaps - [XML Sitemap](https://www.parkitenterprise.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [News Releases](https://www.parkitenterprise.com/news/) - Press releases and company news for Parkit Enterprise Inc. - [Parkit Enterprise Reports Q2 2026 Results](https://www.parkitenterprise.com/news/2026/08/07/parkit-enterprise-reports-q2-2026-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s second quarter 2026 results. Carey Chow, CFO of Parkit, commented: “Our same properties NOI grew 4% and FFO per share grew 19% in the quarter, reflecting the strength of our portfolio. We renewed at an average rental spread of 28%. With 91% of our debt at fixed rates and a strong liquidity position, we are well positioned to pursue disciplined - [Parkit Announces Proposed Share Consolidation ](https://www.parkitenterprise.com/news/2026/06/17/parkit-announces-proposed-share-consolidation/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), announced today that the Board of Directors have approved a consolidation of its share capital on the basis of one (1) new common share for every existing fifteen (15) common shares (the “Consolidation”), subject to regulatory approval, including approval of the TSX Venture Exchange. Effective on or about June 22, 2026, Parkit will complete the Consolidation. Where - [Parkit Announces Results of Annual General and Special Shareholders Meeting ](https://www.parkitenterprise.com/news/2026/05/22/parkit-announces-results-of-annual-general-and-special-shareholders-meeting/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce the results of the annual general and special meeting of the shareholders of Parkit held on May 21, 2026 (the “Meeting”). A total of 71 shareholders holding an aggregate of 176,768,203 common shares of the Company were represented at the Meeting in person or by proxy, representing approximately 83.40% of the total votes attached to all issued and - [Parkit Enterprise Reports Q1 2026 Results](https://www.parkitenterprise.com/news/2026/05/07/parkit-enterprise-reports-q1-2026-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s first quarter 2026 results. Steven Scott, Chair of Parkit, commented: “Parkit achieved 5% same property NOI growth and 38% FFO growth while executing on a disciplined capital allocation strategy. Operationally, we signed approximately 45,000 square feet of new leases and renewed nearly 30,000 square feet of leases at market rates with an average increase in lease rate of approximately 21%, demonstrating continued demand for our industrial portfolio. With 92% of our debt being fixed and strong - [Parkit Enterprise Reports Fiscal 2025 Annual Results with 29% FFO Growth](https://www.parkitenterprise.com/news/2026/03/05/parkit-enterprise-reports-fiscal-2025-annual-results-with-29-ffo-growth/) - Parkit’s Annual results had a $25 Million Gain on Asset Sales, Strategic Investment in PROREIT and Launched construction on Two 15-Storey Purpose Built Rental Developments Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s full year 2025 audited results. Steven Scott, Chair of Parkit, commented: “Parkit achieved 8% same property NOI - [Parkit Announces Normal Course Issuer Bid](https://www.parkitenterprise.com/news/2026/03/23/parkit-announces-normal-course-issuer-bid-5/) - PARKIT ENTERPRISE INC. (“Parkit” or the “Corporation”) (PKT-TSX-V) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (“TSX-V”) to renew its Normal Course Issuer Bid (“NCIB”) to purchase for cancellation, during the 12-month period starting March 30, 2026, up to ‎11,501,900‎ of the outstanding common shares of the Corporation - [Parkit Announces Grant of Options](https://www.parkitenterprise.com/news/2025/12/31/parkit-announces-grant-of-options-5/) - Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT) announced today that certain directors, officers, employees and consultants have been issued an aggregate of 1,371,000 options pursuant to Parkit's option plan, with each such option being exercisable into one common share at an exercise price of $0.56 at any time on or before the tenth anniversary of its - [Parkit Completes Sale of Winnipeg Property and Adds To Investment in PROREIT](https://www.parkitenterprise.com/news/2025/12/18/parkit-completes-sale-of-winnipeg-property-and-adds-to-investment-in-proreit/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), has completed the sale of its remaining property located in Winnipeg, Manitoba (the “Property”) to PRO Real Estate Investment Trust (“PROREIT”) (TSX: PRV.UN) for proceeds of $5,350,000, subject to customary adjustments (the “Transaction”). Parkit received $2,140,000 of the proceeds in the form of 345,161 trust units - [Parkit Contributes London Industrial Property and Forms Joint Venture for Residential Redevelopment](https://www.parkitenterprise.com/news/2025/11/24/parkit-contributes-london-industrial-property-and-forms-joint-venture-for-residential-redevelopment/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce that it has contributed the 3.55 acres of lands at 568 Second Street, London, Ontario, to a three-party joint venture called 760 Second Street Partnership (the “Joint Venture”) for total contribution of $12,900,000, subject to customary adjustments (the “Transaction”). The Joint Venture - [Parkit Enterprise Reports Q3 2025 Results](https://www.parkitenterprise.com/news/2025/11/06/parkit-enterprise-reports-q3-2025-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s third quarter 2025 results. Steven Scott, Chair of Parkit, commented: “Parkit acquired 99,690 sf multi-tenant industrial warehouse in Edmonton, Alberta and continued its strong financial performance. We grew our net rental income and margins in Q3 2025, resulting in a year over - [Parkit Enterprise Reports Q2 2025 Results](https://www.parkitenterprise.com/news/2025/08/07/parkit-enterprise-reports-q2-2025-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s second quarter 2025 results. Steven Scott, Chair of Parkit, commented: "Parkit is pleased to report strong performance for Q2 2025, highlighted by several key achievements and strategic moves. We completed the sale of six Winnipeg assets, realizing a substantial gain, and made - [Parkit Acquires Industrial Asset in Edmonton](https://www.parkitenterprise.com/news/2025/08/06/parkit-acquires-industrial-asset-in-edmonton/) - Toronto, Ontario--(Newsfile Corp. - August 6, 2025) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit"), is pleased to announce that it has completed the acquisition (the "Acquisition") of an industrial building located in Edmonton, Alberta (the "Property") from an arm's length vendor (the "Vendor"). The Acquisition constitutes an Arm's Length Transaction for the purposes of the TSX Venture Exchange - [Parkit Completes Sale of Winnipeg Industrial Asset Portfolio for Cash and an  Investment in PROREIT](https://www.parkitenterprise.com/news/2025/06/27/parkit-completes-sale-of-winnipeg-industrial-asset-portfolio-for-cash-and-an-investment-in-proreit/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), has completed the sale of a portfolio of six industrial properties located in Winnipeg, Manitoba (the “Properties”) to a subsidiary of PRO Real Estate Investment Trust (“PROREIT”) (TSX: PRV.UN) for proceeds of $96,500,000, subject to customary adjustments (the “Transaction”). Parkit received $40 million of the proceeds - [Parkit to Sell Winnipeg Industrial Asset Portfolio in Return for an  Investment in PROREIT](https://www.parkitenterprise.com/news/2025/05/13/parkit-to-sell-winnipeg-industrial-asset-portfolio-in-return-for-an-investment-in-proreit/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), has agreed to sell a portfolio of six industrial buildings and properties located in Winnipeg, Manitoba (the “Properties”) to PRO REIT Limited Partnership (“PROREIT LP”), as purchaser, for aggregate proceeds of $96,500,000, subject to customary adjustments (the “Transaction”). Approximately $40 million of the proceeds will be - [Parkit Enterprise Reports Q1 2025 Results](https://www.parkitenterprise.com/news/2025/05/08/parkit-enterprise-reports-q1-2025-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s first quarter 2025 results. Steven Scott, Chair of Parkit, commented: “Parkit started the year with an acquisition of a new property in Boisbriand, Quebec and continued its strong financial performance. We grew our net rental income and margins in Q1 2025, resulting - [Parkit Announces Normal Course Issuer Bid](https://www.parkitenterprise.com/news/2025/03/20/parkit-announces-normal-course-issuer-bid-4/) - Toronto, Ontario--(Newsfile Corp. - March 20, 2025) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit" or the "Corporation") is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to renew its Normal Course Issuer Bid ("NCIB") to purchase for cancellation, during the 12-month period starting March 28, 2025, up to ‎11,088,361‎ of the - [Parkit Enterprise Reports Fiscal 2024 Annual Results; Highlighting Acquisitions; Provides 2025 Outlook](https://www.parkitenterprise.com/news/2025/03/06/parkit-enterprise-reports-fiscal-2024-annual-results-highlighting-acquisitions-provides-2025-outlook/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s full year 2024 audited results. Steven Scott, Chair of Parkit, commented: “Parkit continued to grow its net rental income and margins in 2024, resulting in a Stabilized Comparative Properties NOI increase of 17% for the year. During the year, we signed new - [Parkit Completes Acquisition of Industrial Asset in Quebec](https://www.parkitenterprise.com/news/2025/02/06/parkit-completes-acquisition-of-industrial-asset-in-quebec/) - Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), is pleased to announce it has completed the acquisition of one industrial asset from a non-arms length vendor (the “Vendor”), for an aggregate purchase price of $10,250,000 (the “Purchase Price”), subject to customary adjustments (the “Acquisition”). 1650 Blvd Lionel Bertrand, Boisbriand, Quebec The Acquisition consists of an industrial building - [Parkit Announces Grant of Options](https://www.parkitenterprise.com/news/2024/12/30/parkit-announces-grant-of-options-4/) - Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT) announced today that certain directors, officers, employees and consultants have been issued an aggregate of 1,588,500 options pursuant to Parkit's option plan, with each such option being exercisable into one common share at an exercise price of $0.60 at any time on or before the tenth anniversary of its - [Parkit Completes Acquisition of Industrial Asset in Ottawa](https://www.parkitenterprise.com/news/2024/12/19/parkit-completes-acquisition-of-industrial-asset-in-ottawa/) - Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), is pleased to announce it has completed the acquisition of one industrial asset from an arm’s length vendor (the “Vendor”), for an aggregate purchase price of $9,500,000, subject to customary adjustments (the “Acquisition”). 1650 Comstock Rd, Ottawa, Ontario The Acquisition consisted of 1650 Comstock Rd, Ottawa, Ontario (the “Property”). - [Parkit Enterprise Reports Q3 2024 Results](https://www.parkitenterprise.com/news/2024/11/07/parkit-enterprise-reports-q3-2024-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to report its third quarter 2024 results. Steven Scott, Chair of Parkit, commented: “Parkit continued to grow its net rental income and margins in Q3 2024, resulting in a same property NOI increase of 16% for the quarter. We renewed 70,000 square feet of - [Parkit Enterprise Reports Q2 2024 Results](https://www.parkitenterprise.com/news/2024/08/09/parkit-enterprise-reports-q2-2024-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to report its second quarter 2024 results. Steven Scott, Chair of Parkit, commented: “Parkit closed its previously announced acquisition in Winnipeg, MB and continued to grow its net rental income and margins in Q2 2024, resulting in a same property NOI increase of 16% - [Parkit Enterprise Reports Q1 2024 Results](https://www.parkitenterprise.com/news/2024/05/07/parkit-enterprise-reports-q1-2024-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s first quarter 2024 results. Steve Scott, Chair of Parkit, commented: “Parkit continued to improve its net rental income and margins through successful negotiations with existing and new tenants and by integrating the $100 million of assets purchased last year. Subsequent to Q1, - [Parkit Completes Acquisition of Industrial Asset in Winnipeg](https://www.parkitenterprise.com/news/2024/04/03/parkit-completes-acquisition-of-industrial-asset-in-winnipeg/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce that, further to its November 15, 2023 news release, it has completed the acquisition of one industrial asset from a vendor (“Vendor”) for an aggregate purchase price of $6,300,000, subject to customary adjustments (the “Acquisition”). 961-975 Sherwin Rd, Winnipeg, Manitoba The - [Parkit Announces Normal Course Issuer Bid](https://www.parkitenterprise.com/news/2024/03/25/parkit-announces-normal-course-issuer-bid-3/) - PARKIT ENTERPRISE INC. (“Parkit” or the “Corporation”) (PKT-TSX-V) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to renew its Normal Course Issuer Bid (“NCIB”) to purchase for cancellation, during the 12-month period starting March 28, 2024, up to ‎11,394,158‎ of the outstanding common shares of the Corporation (the - [Parkit Enterprise Reports Fiscal 2023 Annual Results; Highlighting Acquisitions; Provides 2024 Outlook](https://www.parkitenterprise.com/news/2024/03/07/parkit-enterprise-reports-fiscal-2023-annual-results-highlighting-acquisitions-provides-2024-outlook/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s full year 2023 audited results. Steve Scott, Chair of Parkit, commented: “Parkit continued to improve its net rental income and margins by integrating the $100 million of assets purchased this year and through successful negotiations with existing and new tenants. With 97% - [Parkit Announces Grant of Options](https://www.parkitenterprise.com/news/2023/12/29/parkit-announces-grant-of-options-3/) - Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT) announced today that certain directors, officers, employees and consultants have been issued an aggregate of 2,228,500 options pursuant to Parkit's option plan, with each such option being exercisable into one common share at an exercise price of $0.63 at any time on or before the tenth anniversary of its - [Parkit to Acquire Industrial Asset in Winnipeg](https://www.parkitenterprise.com/news/2023/11/15/parkit-to-acquire-industrial-asset-in-winnipeg/) - Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), has agreed to acquire an industrial building located in Winnipeg, Manitoba (the “Property”) from a vendor (the “Vendor”), for an aggregate purchase price of $6,500,000, subject to customary adjustments (the “Acquisition”). The Vendor is not a related party to Parkit and the Acquisition constitutes an Arm's Length Transaction for - [Parkit Enterprise Reports Q3 Results](https://www.parkitenterprise.com/news/2023/11/09/parkit-enterprise-reports-q3-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s third quarter 2023 results. Steve Scott, Chair of Parkit, commented: “In Q3, Parkit achieved significant revenue and net rental income growth through successful negotiations with new and existing tenants by integrating the 10 industrial assets purchased this year. With 95% of our - [Access Results Management Services Inc. Purchases 3,000,000 Common Shares of Parkit Enterprise Inc.](https://www.parkitenterprise.com/news/2023/08/16/access-results-management-services-inc-purchases-3000000-common-shares-of-parkit-enterprise-inc/) - Toronto, Ontario--(Newsfile Corp. - August 16, 2023) - PARKIT ENERPRISE INC. (TSXV: PKT) ("Parkit") announced today that it understands that Access Results Management Services Inc. ("ARMS") has acquired 3,000,000 common shares in the capital of Parkit on the open market through the facilities of Omega ATS ("Common Shares") at a price of $0.68 per Common Share, representing - [Parkit Enterprise Reports Q2 Results](https://www.parkitenterprise.com/news/2023/08/04/parkit-enterprise-reports-q2-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s second quarter 2023 results. Steve Scott, Chair of Parkit, commented: “In Q2, Parkit continued to streamline operations for its properties, signed a new lease and completed the acquisition of the remaining 50% interest in one of its parking assets providing full control - [Parkit Enterprise Reports Q1 Results](https://www.parkitenterprise.com/news/2023/05/11/parkit-enterprise-reports-q1-results/) - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s first quarter 2023 results. Steve Scott, Chair of Parkit, commented: “In Q1 Parkit closed on a $90.3 million portfolio in Winnipeg and Saskatchewan, continued to streamline operations on its properties and advance its leasing activities. The new portfolio adds significant scale by - [Parkit Acquires the Remaining 50% Interest in its Nashville, TN, Parking Asset](https://www.parkitenterprise.com/news/2023/05/02/parkit-acquires-the-remaining-50-interest-in-its-nashville-tn-parking-asset/) - Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), is pleased to announce that it has completed the acquisition of the remaining 50% interest in Fly Away Airport Parking in Nashville Tennessee from an arm's length vendor (the “Vendor”) for an aggregate purchase price of $3,550,000 USD, subject to customary adjustments (the “Acquisition”). With this Acquisition, Parkit now - [Parkit Enterprise Reports Fiscal 2022 Annual Results; Highlighting Acquisitions; Provides 2023 Outlook](https://www.parkitenterprise.com/news/2023/03/29/parkit-enterprise-reports-fiscal-2022-annual-results-highlighting-acquisitions-provides-2023-outlook/) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), today reported the Company's full year 2022 audited results. Steve Scott, Chair of Parkit, commented: "In fiscal 2022, Parkit continued to build the foundation for growth by executing on operations and by closing on $57.9 million in disciplined accretive acquisitions. Looking ahead, we started fiscal 2023 by closing - [Parkit Enterprise Announces Purchase Of 5610 Finch Ave East](https://www.parkitenterprise.com/news/2021/01/25/parkit-enterprise-announces-purchase-of-5610-finch-ave-east/) - Toronto, Ontario -- January 25, 2021- PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has entered into an asset purchase agreement (the "Purchase Agreement"), with a private company (the "Vendor"), pursuant to which Parkit has agreed to purchase one property, located at 5610 Finch Ave East, - [Parkit Announces $50 Million Bought Deal Private Placement Financing And Up To $15 Million Concurrent Private Placement](https://www.parkitenterprise.com/news/2021/01/26/parkit-announces-50-million-bought-deal-private-placement-financing-and-up-to-15-million-concurrent-private-placement/) - Not for distribution in the United States newswire services or for dissemination in the United States TORONTO, Jan. 26, 2021 - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT) (OTC: PKTEF), is pleased to announce that it has entered into an agreement with Stifel GMP and Scotiabank as Joint-Bookrunners on their own behalf and on behalf of a - [Parkit Announces Increase To Bought Deal Private Placement Financing To $60 Million](https://www.parkitenterprise.com/news/2021/01/26/parkit-announces-increase-to-bought-deal-private-placement-financing-to-60-million/) - Not for distribution in the United States newswire services or for dissemination in the United States TORONTO, Jan. 26, 2021 - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT) (OTC: PKTEF), is pleased to announce that it has entered into an agreement with Stifel GMP and Scotiabank as joint bookrunners on their own behalf and on behalf - [Parkit Completes $69 Million Bought Deal Private Placement Financing And $15 Million Concurrent Non-brokered Private Placement](https://www.parkitenterprise.com/news/2021/02/17/parkit-completes-69-million-bought-deal-private-placement-financing-and-15-million-concurrent-non-brokered-private-placement/) - Toronto, Ontario, February 17, 2021 – Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV:PKT) (OTC:PKTEF), is pleased to announce that it has closed its previously announced (see press releases dated January 26, 2021) bought deal private placement (the "Bought Deal Offering") and the concurrent non-brokered private placement (the "Non-Brokered Offering" and together with the Bought - [Parkit Enterprise Reports Fiscal 2020 Annual Results; Embarks Into Industrial Real Estate Growth Vehicle](https://www.parkitenterprise.com/news/2021/02/26/parkit-enterprise-reports-fiscal-2020-annual-results-embarks-into-industrial-real-estate-growth-vehicle/) - Toronto, Ontario -- Parkit Enterprise Inc. (TSXV: PKT) ("Parkit", "Company" or the "Corporation"), an industrial real estate growth vehicle and parking platform, is pleased to report its fourth quarter and fiscal financial results for the year ended October 31, 2020. Steven Scott, Chairman, commented: "Parkit continues its transition into an industrial real estate growth vehicle with the - [Parkit Announces $25 Million Bought Deal Financing And $5 Million Concurrent Non-brokered Private Placement](https://www.parkitenterprise.com/news/2021/03/01/parkit-announces-25-million-bought-deal-financing-and-5-million-concurrent-non-brokered-private-placement/) - Not for distribution in the United States newswire services or for dissemination in the United States TORONTO, March 1, 2021 - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), an industrial real estate growth vehicle and parking platform, is pleased to announce that it has entered into an agreement with Stifel GMP and Scotiabank as joint bookrunners and - [Parkit Announces Increase To Bought Deal Private Placement Financing Of Up To $40 Million Plus $5 Million Concurrent Private Placement](https://www.parkitenterprise.com/news/2021/03/01/parkit-announces-increase-to-bought-deal-private-placement-financing-of-up-to-40-million-plus-5-million-concurrent-private-placement/) - Not for distribution in the United States newswire services or for dissemination in the United States TORONTO, March 1, 2021 - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT), is pleased to announce that it has entered into an agreement with Stifel GMP and Scotiabank as joint bookrunners and co-lead underwriters (collectively, the "Underwriters"), to increase - [Parkit Announces $28.5 Million Industrial Real Estate Acquisition](https://www.parkitenterprise.com/news/2021/03/11/parkit-announces-28-5-million-industrial-real-estate-acquisition/) - Toronto, Ontario --- PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has agreed to acquire a property located in Ottawa, Ontario (the "Property") for an aggregate purchase price of $28,500,000, subject to customary adjustments (the "Proposed Acquisition"). The vendor of the Property, Access Self Storage Inc. (the "Vendor"), - [Parkit Completes Acquisition Of 5610 Finch Ave East](https://www.parkitenterprise.com/news/2021/03/15/parkit-completes-acquisition-of-5610-finch-ave-east/) - Toronto, Ontario --- PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has completed the previously announced acquisition of 5610 Finch Ave East (the "Property"), for an aggregate purchase price of $12,250,000 plus customary closing costs. The purchase was funded with cash on hand. Property and Expansion The Property - [Parkit Completes $40.3 Million Bought Deal Private Placement Financing, $1.0 Million Concurrent Non-brokered Private Placement And Completes The Purchase Of Ottawa Property For Equity And Cash Consideration](https://www.parkitenterprise.com/news/2021/03/18/parkit-completes-40-3-million-bought-deal-private-placement-financing-1-0-million-concurrent-non-brokered-private-placement-and-completes-the-purchase-of-ottawa-property-for-equity-and-cash-conside/) - Toronto, Ontario --- Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), is pleased to announce that it has closed its previously announced (see press releases dated March 1, 2021) bought deal private placement (the "Bought Deal Offering") and the concurrent non-brokered private placement (the "Non-Brokered Offering" and together with the Bought Deal Offering, - [Parkit Enterprise Reports Two-month Transitional Fiscal 2020 Results](https://www.parkitenterprise.com/news/2021/03/31/parkit-enterprise-reports-two-month-transitional-fiscal-2020-results/) - Toronto, Ontario -- Parkit Enterprise Inc. (TSXV: PKT) ("Parkit", "Company" or the "Corporation"), an industrial real estate growth vehicle and parking platform, is pleased to report the audited financial results for the two-month transitional fiscal year from November 1, 2020 to December 31, 2020 with a comparative to the audited financial statements for the twelve months ended - [Parkit Enterprise Reports First Quarter 2021 Financial Results](https://www.parkitenterprise.com/news/2021/05/26/parkit-enterprise-reports-first-quarter-2021-financial-results/) - Toronto, Ontario--(Newsfile Corp. - May 26, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), an industrial real estate growth vehicle and parking platform, is pleased to highlight recent business activity and provides its financial results for the first quarter ended March 31, 2021. "We continue to execute on our transition to an - [Parkit Announces Acquisition Of $24,500,000 Ottawa Property And Change In Management](https://www.parkitenterprise.com/news/2021/06/28/parkit-announces-acquisition-of-24500000-ottawa-property-and-change-in-management/) - Toronto, Ontario -- June 28, 2021 - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce the purchase of an Ottawa property and a change in management. Acquisition of Ottawa Property Parkit has entered into an asset purchase agreement, with a private company, pursuant to which Parkit has agreed - [Parkit Announces Grant Of Options](https://www.parkitenterprise.com/news/2021/07/02/parkit-announces-grant-of-options-2/) - Toronto, Ontario - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), announced today that certain officers and directors have been issued an aggregate of 3,695,000 options pursuant to the Company's option plan effective June 30, 2021 with each such option being exercisable into one common share at an exercise price of $1.50 at any - [Parkit Completes The Purchase Of Ottawa Property](https://www.parkitenterprise.com/news/2021/07/07/parkit-completes-the-purchase-of-ottawa-property/) - Toronto, Ontario - July 7, 2021 - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has completed its previously announced (see press release dated June 28, 2021) arm's length purchase of 415 Legget Drive, Ottawa, Ontario (the "Property"). Ottawa Property Purchase The Property is currently 200,000 - [Parkit Announces Acquisition Of Neighbouring Industrial Property In Toronto, Ontario For $3.6 Million And Completion Of Continuance To Ontario](https://www.parkitenterprise.com/news/2021/08/12/parkit-announces-acquisition-of-neighbouring-industrial-property-in-toronto-ontario-for-3-6-million-and-completion-of-continuance-to-ontario/) - Toronto, Ontario -- August 12, 2021 - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV:PKT), is pleased to announce the proposed purchase of a neighbouring industrial real estate asset and that it has filed its articles of continuance to continue Parkit out of the Province of British Columbia and into the Province of Ontario under - [Parkit Enterprise Reports 2021 Second Quarter Results](https://www.parkitenterprise.com/news/2021/08/17/parkit-enterprise-reports-2021-second-quarter-results/) - Toronto, Ontario - ‎Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company") reported the Company's second quarter results. Steven Scott, Chair, commented: "Parkit continues its transition to a focused industrial real estate platform and makes progress towards expanding existing properties." 2021 Second Quarter Results and Recent Business Highlights Revenues and net rental income. Revenues and net rental income continued to - [Parkit To Acquire $13,250,000 Ottawa Property](https://www.parkitenterprise.com/news/2021/08/25/parkit-to-acquire-13250000-ottawa-property/) - TORONTO, Aug. 25, 2021 -- PARKIT ENTERPRISE INC. (“Parkit”) (PKT-TSXV) is pleased to announce that it has agreed to acquire a class A industrial property in Ottawa. Acquisition of Ottawa Property Parkit has entered into an asset purchase agreement, with an arms length vendor (the “Vendor”), pursuant to which Parkit has agreed to acquire a property in - [Parkit Completes Acquisition Of Ottawa Property](https://www.parkitenterprise.com/news/2021/10/06/parkit-completes-acquisition-of-ottawa-property/) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit") is pleased to announce that, further to its August 25, 2021 press release, it has completed the acquisition of a class A industrial property in Ottawa. Acquisition of Ottawa Property Parkit acquired 1151 Parisien St, Ottawa (the "Property") for an aggregate purchase price of $13,250,000 (the "Acquisition"). The Property is approximately 75,000 - [Parkit Completes Acquisition Of Neighbouring Industrial Property In Toronto, Ontario](https://www.parkitenterprise.com/news/2021/10/14/parkit-completes-acquisition-of-neighbouring-industrial-property-in-toronto-ontario/) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit") is pleased to announce that, further to its August 12, 2021 press release, it has completed the acquisition of a neighbouring industrial property in Toronto, Ontario. Acquisition of 720 Tapscott Road and Expansion Parkit acquired 720 Tapscott Road, Toronto (the "Property") for an aggregate purchase price of $3,600,000 (the "Acquisition"). The - [Parkit Enterprise Reports 2021 Third Quarter Results](https://www.parkitenterprise.com/news/2021/11/15/parkit-enterprise-reports-2021-third-quarter-results/) - Toronto, Ontario - ‎Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company") reported the Company's third quarter results. Steven Scott, Chair, commented: "Parkit has continued its transition into an industrial real estate platform as it grows its revenues and net rental income, advances its development properties, and continues to find accretive industrial asset acquisitions. Parkit has completed a total - [Parkit To Acquire $18,000,000 Oakville, Ontario Property](https://www.parkitenterprise.com/news/2021/11/22/parkit-to-acquire-18000000-oakville-ontario-property/) - Acquisition of Property Parkit has entered into an asset purchase agreement, with an arms length vendor (the "Vendor"), pursuant to which Parkit has agreed to acquire 1485 Speers Road, Oakville, Ontario (the "Property") for an aggregate purchase price of $18,000,000, subject to customary adjustments (the "Acquisition"). It is anticipated that the Acquisition will be completed - [Parkit Completes $18,000,000 Acquisition Of 1485 Speers Rd, Oakville, On](https://www.parkitenterprise.com/news/2021/12/16/parkit-completes-18000000-acquisition-of-1485-speers-rd-oakville-on/) - Toronto, Ontario - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit") is pleased to announce that, further to its November 22, 2021 news release, it has completed the acquisition of 1485 Speers Rd, Oakville, Ontario. Acquisition of 1485 Speers Rd, Oakville, OntarioParkit acquired 1485 Speers Rd, Oakville, Ontario (the "Property") for an aggregate purchase price of $18,000,000 (the - [Parkit To Acquire Two Industrial Assets For $17,000,000; Issues Options](https://www.parkitenterprise.com/news/2022/01/04/parkit-to-acquire-two-industrial-assets-for-17000000-issues-options-2/) - Toronto, Ontario -- Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), has agreed to acquire two Class A located industrial assets from two vendor groups (collectively, the "Vendors") for an aggregate purchase price of $17,000,000, subject to customary adjustments (the "Acquisitions"). Both Acquisitions are arm's length. It is anticipated that the Acquisitions will close in Q1 2022. The - [Parkit To Acquire Two Industrial Assets For $17,000,000; Issues Options](https://www.parkitenterprise.com/news/2022/02/22/parkit-to-acquire-two-industrial-assets-for-17000000-issues-options/) - TORONTO, Feb. 22, 2022 -- Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce that, further to its January 4th, 2022 news release, it has completed the acquisition of two industrial assets from two vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $17,000,000, subject to customary adjustments (the “Acquisitions”). Both - [Parkit Announces Normal Course Issuer Bid](https://www.parkitenterprise.com/news/2022/03/14/parkit-announces-normal-course-issuer-bid-2/) - Toronto, Ontario -- March 14, 2022 - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit" or the "Corporation") is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to conduct a Normal Course Issuer Bid ("NCIB") to purchase for cancellation, during the 12-month period starting March 18, 2022, up to 11,723,184 of the outstanding common shares - [Parkit To Acquire Three Industrial Assets For $40.3 Million](https://www.parkitenterprise.com/news/2022/04/25/parkit-to-acquire-three-industrial-assets-for-40-3-million/) - Toronto, Ontario -- April 25, 2022 - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit"), has agreed to acquire three industrial assets from three vendor groups (collectively, the "Vendors") for an aggregate purchase price of $40,280,000, subject to customary adjustments (the "Acquisitions"). Two of the Acquisitions are arm's length and one is non-arm's length with SRS Realty - [Parkit Enterprise Reports Fiscal 2021 Annual Results; Highlighting Transition To Industrial, $105.9 Million In Acquisitions; Provides 2022 Outlook](https://www.parkitenterprise.com/news/2022/04/29/parkit-enterprise-reports-fiscal-2021-annual-results-highlighting-transition-to-industrial-105-9-million-in-acquisitions-provides-2022-outlook/) - Toronto, Ontario -- April 29, 2022 - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Corporation"), today reported the Corporation's full year 2021 audited results. Steve Scott, Chair of Parkit, commented: "In 2021, Parkit continues to build the foundation for growth by executing on operations and by closing on $105.9 million in disciplined accretive acquisitions. Looking ahead, we - [Parkit Completes Acquisition Of Two Industrial Assets For $22,680,000](https://www.parkitenterprise.com/news/2022/05/12/parkit-completes-acquisition-of-two-industrial-assets-for-22680000/) - Toronto, Ontario -- Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), is pleased to announce that, further to its April 25th, 2022 news release, it has completed the acquisition of two industrial assets from two vendor groups (collectively, the "Vendors") for an aggregate purchase price of $22,680,000, subject to customary adjustments (the "Acquisitions"). One of the Acquisitions is - [Parkit Enterprise Reports 2022 Q1 Results; And Completes Acquisition Of Ottawa Property](https://www.parkitenterprise.com/news/2022/05/25/parkit-enterprise-reports-2022-q1-results-and-completes-acquisition-of-ottawa-property/) - Toronto, Ontario -- Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Corporation"), today reported the Corporation's first quarter 2022 results. Steve Scott, Chair of Parkit, commented: "Year to date, Parkit firmed up its capital position with the addition of $55 million in financing, advanced its leasing activity by signing two new leases, and by completing $57.3 million in - [Parkit Enterprise Reports 2022 Q2 Results](https://www.parkitenterprise.com/news/2022/08/08/parkit-enterprise-reports-2022-q2-results/) - Toronto, Ontario -- August 8, 2022) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Corporation"), today reported the Corporation's second quarter 2022 results. Steve Scott, Chair of Parkit, commented: "To date, Parkit has completed $57.3 million in accretive acquisitions and continues to advance its leasing activity by completing another renewal with significant rental growth. The company continues - [Parkit Enterprise Announces AGSM Results](https://www.parkitenterprise.com/news/2022/06/21/parkit-enterprise-announces-agsm-results/) - TORONTO, June 21, 2022 -- Parkit Enterprise Inc. (“Parkit” or the “Corporation”) (TSXV: PKT), is pleased to announce that all matters set forth in the management proxy and information circular dated May 16, 2022, setting the number of directors to be elected at the meeting at six, the election of the Board of Directors, the appointment - [Parkit Enterprise Reports 2022 Q3 Results](https://www.parkitenterprise.com/news/2022/11/14/parkit-enterprise-reports-2022-q3-results/) - TORONTO, Nov. 14, 2022 -- Parkit Enterprise Inc. (“Parkit” or the “Corporation”) (TSXV: PKT), today reported the Corporation’s third quarter 2022 results. Steve Scott, Chair of Parkit, commented: “To date, Parkit continues its leasing momentum with significant renewals and maintains its focus on operations with improving margins. The Company continues to build the foundation for growth - [Parkit to Acquire $90.3MM Portfolio of 10 Industrial Assets in Winnipeg and Saskatchewan](https://www.parkitenterprise.com/news/2023/01/16/parkit-to-acquire-90-3mm-portfolio-of-10-industrial-assets-in-winnipeg-and-saskatchewan/) - Toronto, Ontario - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit"), has entered into an asset purchase agreement (the "Purchase Agreement"), with two private entities (collectively, the "Vendor"), pursuant to which Parkit has agreed to purchase a portfolio of 10 industrial properties located in Winnipeg and Saskatchewan (the "Portfolio"), for an aggregate purchase price of $90,250,000, subject to customary adjustments - [Parkit Announces Grant of Options](https://www.parkitenterprise.com/news/2023/01/19/parkit-announces-grant-of-options/) - Toronto, Ontario - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit"), announced today certain directors, officers, employees and consultants have been issued an aggregate of 3,525,000 options pursuant to Parkit's option plan with an effective date of January 19, 2023, with each such option being exercisable into one common share at an exercise price of $1.05 at any time on or - [Parkit Completes Acquisition of $90.3 Million Portfolio of 10 Industrial Assets in Winnipeg and Saskatchewan](https://www.parkitenterprise.com/news/2023/03/20/parkit-completes-acquisition-of-90-3-million-portfolio-of-10-industrial-assets-in-winnipeg-and-saskatchewan/) - Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), is pleased to announce that, further to its January 16th, 2023 news release, it has completed the acquisition of a portfolio of 10 industrial properties located in Winnipeg and Saskatchewan (the “Portfolio”), from an arm's length vendor (the “Vendor”) for an aggregate purchase price of $90,250,000, subject to customary - [Parkit Announces Normal Course Issuer Bid](https://www.parkitenterprise.com/news/2023/03/21/parkit-announces-normal-course-issuer-bid/) - Toronto, Ontario - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Corporation") is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to renew its Normal Course Issuer Bid ("NCIB") to purchase for cancellation, during the 12-month period starting March 24, 2023, up to ‎11,692,258‎ of the outstanding common shares of the - [Parkit Enterprise Releases Q2 2020 Results](https://www.parkitenterprise.com/news/2020/07/03/parkit-enterprise-releases-q2-2020-results/) - Vancouver, British Columbia, July 03, 2020 -- Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTC: PKTEF) has recently filed its interim financial statements and management discussion and analysis for the quarter ended April 30, 2020 (“Q2 2020”) on SEDAR (www.sedar.com). The financial highlights for the period include the following: Loss of $322,927 from - [Parkit Enterprise Announces Proposed $36.25MM Industrial Real Estate Acquisition and $10MM Private Placement](https://www.parkitenterprise.com/news/2020/11/24/parkit-enterprise-announces-proposed-36-25mm-industrial-real-estate-acquisition-and-10mm-private-placement/) - Toronto, Ontario--(Newsfile Corp. - November 24, 2020) - PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC Pink: PKTEF) ("Parkit") has entered into an asset purchase agreement dated November 24, 2020 (the "Purchase Agreement"), with two private companies (collectively, referred to as the "Vendors"), pursuant to which Parkit has agreed to purchase two properties, located at 5600 Finch Ave East, Toronto, - [Parkit Enterprise Announces Sale of Riccio Lot](https://www.parkitenterprise.com/news/2020/12/07/parkit-enterprise-announces-sale-of-riccio-lot/) - PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") today announced that the Riccio parking lot in Connecticut, USA, which was held within the OP Holdings Joint Venture, has been disposed of at a price of USD $4,550,000. Parkit's share of the proceeds is approximately USD $2,000,000 with such funds remaining in the joint - [Parkit Announces Payment Of Cad $655,140 From Op Holdings Jv, Llc](https://www.parkitenterprise.com/news/2019/05/23/parkit-announces-payment-of-cad-655140-from-op-holdings-jv-llc/) - Vancouver, British Columbia, May 23, 2019 -- Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has received a payment of CAD $655,140 (USD $487,854) from OP Holdings JV, LLC (the “Joint Venture”). This payment is Parkit’s effective 24.39% net share of a USD $2,000,000 distribution from - [Parkit Enterprise Completes $36.25MM Industrial Real Estate Acquisition and $10MM Private Placement and Announces Board Changes](https://www.parkitenterprise.com/news/2020/12/29/parkit-enterprise-completes-36-25mm-industrial-real-estate-acquisition-and-10mm-private-placement-and-announces-board-changes/) - Vancouver, British Columbia -- PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ("Parkit") is pleased to announce that it has completed its previously announced (see press release dated November 24, 2020) acquisition of two industrial properties, one located at 5600 Finch Ave East, Toronto, Ontario and the other at 4390 Paletta Court, Burlington, Ontario (the "Properties"), for an - [Parkit Announces Receipt of CAD$561,569 from OP Holdings JV, LLC](https://www.parkitenterprise.com/news/2019/02/11/parkit-announces-receipt-of-cad561569-from-op-holdings-jv-llc/) - Vancouver, British Columbia, February 11, 2019 -- Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has received a payment of CAD $561,569 (USD $423,506) from OP Holdings JV, LLC (the “Joint Venture”). This payment resulted from the release of an environmental trust that was established for the - [Parkit Enterprise Releases 2018 Annual Results](https://www.parkitenterprise.com/news/2019/03/01/parkit-enterprise-releases-2018-annual-results/) - Vancouver, British Columbia, March 1, 2019 - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) has recently filed its audited financial statements and management discussion and analysis for the year ended October 31, 2018 (the “Annual Filings”) on SEDAR (www.sedar.com). The financial highlights for the fiscal year include the following: Full Year - [Parkit Announces Graduation From Tier 2 To Tier 1 Of The Tsx Venture Exchange](https://www.parkitenterprise.com/news/2019/03/19/parkit-announces-graduation-from-tier-2-to-tier-1-of-the-tsx-venture-exchange/) - Vancouver, British Columbia, March 19, 2019 -- Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has met the requirements of Tier 1 on the TSX Venture Exchange and that it will move to Tier 1 effective on Wednesday, March 20, 2019. Tier 1 of the TSX - [Parkit Enterprise Inc. to Present at the 9th Annual LD Micro Invitational](https://www.parkitenterprise.com/news/2019/05/29/parkit-enterprise-inc-to-present-at-the-9th-annual-ld-micro-invitational/) - Vancouver, British Columbia, May 29, 2018 - Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF), a real estate company engaged in the acquisition, asset management and disposition of niche real estate assets, today announced that Executive Chairman, David Delaney, will present at the 9th annual LD Micro Invitational on June 4, 2019 - [Parkit Announces Results Of Agsm](https://www.parkitenterprise.com/news/2019/09/04/parkit-announces-results-of-agsm/) - Vancouver, British Columbia, September 4, 2019 -- Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it held its Annual General and Special Meeting (the “Meeting”) on August 22, 2019. All of the motions proposed in the Notice of Annual General and Special Meeting dated July 16, 2019, (which was filed - [Parkit Grants Stock Options](https://www.parkitenterprise.com/news/2019/09/06/parkit-grants-stock-options/) - Vancouver, British Columbia, September 6, 2019 -- Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) has granted 50,000 incentive stock options to each of Steven Strauss and Avi Minkowitz, officers of the Company, exercisable at the price of $0.27 per share for a period of 5 years, vesting over the first 12 - [Parkit Announces Management Changes](https://www.parkitenterprise.com/news/2019/09/16/parkit-announces-management-changes/) - Vancouver, British Columbia, September 16, 2019 -- Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) would like to announce that effective November 30, 2019, David Delaney will step down as Executive Chairman of the Company. David Delaney will continue to serve on the Board of Directors of the Company and will continue ## Pages - [Home](https://www.parkitenterprise.com/) - Parkit Enterprise's strategy is to acquire, grow and manage a portfolio of premium industrial properties across key markets in Canada. - [Investors](https://www.parkitenterprise.com/investors/) - The latest Parkit Enterprise stock quote, share structure, and corporates timeline. - [Annual General Meeting](https://www.parkitenterprise.com/investors/agm/) - 2026 AGM The general and special meeting of the Shareholders of Parkit Enterprise Inc. will be on Thursday, May 21, 2026 at 2:00 pm (EST) at 100 Canadian Road, Toronto, Ontario. Listen to Recording: 2025 Annual General Meeting - [Annual General Meeting 2025](https://www.parkitenterprise.com/investors/agm-2025/) - Details for the Annual General Meeting of the Shareholders of Parkit Enterprise Inc. - [Leasing](https://www.parkitenterprise.com/leasing/) - Interested in Leasing? Please take a moment to outline the property and space you are interested in leasing. - [Contact](https://www.parkitenterprise.com/contact/) - Have a question? Please take a moment to fill in your details to send us a message. If a reply is warranted, we will contact you at our earliest availability. Thank you. Offices Head Office 100 Canadian Rd, Toronto, ON M1R 4Z5 Tel: 1-888-627-9881Fax: 647-670-1223 - [Terms & Conditions](https://www.parkitenterprise.com/terms-conditions/) - AGREEMENT – The Agreement consists of: (a) Purchase Terms; (b) Purchase Order; and (c) Drawings and any Specifications or other documents expressly mentioned in the Purchase Order. ACCEPTANCE – Any additional or different term or condition proposed by Supplier shall be void, unless otherwise accepted in writing by Buyer. If there is any conflict or inconsistency between - [Management & Directors](https://www.parkitenterprise.com/management/) - Meet Parkit Enterprise's experienced real estate and growth focused team. - [Financials](https://www.parkitenterprise.com/investors/financials/) - Quarterly financial reports and management discussion and analysis (MD&A) for Parkit Enterprise Inc. - [Asset Portfolio](https://www.parkitenterprise.com/portfolio/) - Parkit is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key markets in Canada, to complement its parking assets across the United States. ## Portfolio - [720 Second St](https://www.parkitenterprise.com/portfolio/development/720-second-st/) - About the Property Parkit partnered with Decade Capital Corporation (“Decade”) and Southside Construction Management Limited (“Southside”) to develop rental residential housing in London, ON. The development is expected to result in two buildings with 543 residential units and 487,151 square feet of total GLA. - [555 Camiel Sys Street](https://www.parkitenterprise.com/portfolio/recent-sales/555-camiel-sys-street/) - About the Property Single-tenant cross-dock facility located in east Winnipeg within St. Boniface Industrial Park. Fully sprinklered and allows for easy installation of an additional 12 doors if needed. Site features fully-fenced and gated compound with paving and gravel, back-up generator on site and provides easy access to major transportation routes: Lagimodiere Blvd and the Trans-Canada Hwy. Low site coverage allowing for future expansion. - [16630 114th Ave NW](https://www.parkitenterprise.com/portfolio/industrial/16630-114th-ave-nw/) - About the Property 16630 114th Avenue NW is a 99,690 sq. ft. multi-tenant industrial facility situated on 5.24 acres in Edmonton’s established Norwester industrial node. With proximity to major arterial routes including Anthony Henday Drive, Yellowhead Trail, and Stony Plain Road, the property offers excellent connectivity for distribution and logistics. The building features a functional - [859 - 57th Street E](https://www.parkitenterprise.com/portfolio/industrial/859-57th-street-e/) - About the Property Single-tenant building in Saskatoon's Hudson Industrial Park. Fully-fenced and gravelled compound, providing abundant yard storage. Easy access to major transportation routes: Idylwyld Drive N, Highways 11 and 12, Highway 16 and Circle Dr. - [1665 Blvd Lionel-Bertrand](https://www.parkitenterprise.com/portfolio/industrial/1665-blvd-lionel-bertrand/) - About the Property Single-tenant industrial property provides large-scale building that meets current market needs with high-quality distribution center that is suitable for a wide range of businesses offering delivery, fulfillment and distribution services for various products and has superior clear height. The property is strategically located in the industrial district ofBoisbriand, near Laurentian highway (15), - [3455 Mainway Dr](https://www.parkitenterprise.com/portfolio/industrial/3455-mainway-dr/) - About the Property Single-tenant cross dock facility located in central Burlington with access to Hwy 403 via Walkers Line. 30 dock doors and 1 grade door. Building is 14′ clear and ideal for transportation and logistics tenancies. - [5300 Harvester Rd](https://www.parkitenterprise.com/portfolio/industrial/5300-harvester-rd/) - About the Property Single-tenant warehouse facility located in central Burlington with access to Hwy 403 via Burloak Dr and Appleby Line. Significant excess land for expansion or outside storage. - [144 Henderson Dr](https://www.parkitenterprise.com/portfolio/industrial/144-henderson-dr/) - About the Property Single-tenant manufacturing facility within Ross Industrial Park near McDonald street with access to Ring Road in northeast Regina. Has 18 grade loading doors and a fully-fenced and gravelled compound. - [195 Henderson Dr](https://www.parkitenterprise.com/portfolio/industrial/195-henderson-dr/) - About the Property Single-tenant cross-grade facility within Ross Industrial Park off of Ring Road in northeast Regina. Features 22 grade loading doors, executive offices at the front of the building and a full-fenced and gravelled compound. Low site coverage allows for future expansion. - [4390 Paletta Court](https://www.parkitenterprise.com/portfolio/industrial/4390-paletta-court/) - About the Property Multi-tenant building for warehouse with 20' clear, 8 dock level doors, 7 grade. Frontage on to Queen Elizabeth Way and strategically located in central Burlington. - [5600 Finch Ave East](https://www.parkitenterprise.com/portfolio/industrial/5600-finch-ave-east/) - About the Property Multi-tenant building for warehouse and distribution by Finch Ave East and Markham Rd. 20' clear, 18 Dock doors, 1 grade, Industrial zoning and room for expansion. - [2 Ramm Ave](https://www.parkitenterprise.com/portfolio/industrial/2-ramm-ave/) - About the Property Single-tenant industrial property, adjacent to Trans-Canada Highway in northeast White City, a suburb 10 min east of Regina. Excellent exposure and easy access to Trans-Canada Highway via Ramm avenue - [1151 Parisien Street](https://www.parkitenterprise.com/portfolio/industrial/1151-parisien-street/) - About the Property Multi-tenant industrial building located in central Ottawa with frontage to Queensway. Light industrial zoning, clearance of 18' and dock level doors. - [1650 Bd Lionel Bertrand](https://www.parkitenterprise.com/portfolio/industrial/751/) - About the Property 1650 Blvd Lionel Bertrand is a 62,000 sq. ft. multi-tenant industrial building located in Boisbriand’s thriving industrial sector, with easy access to Highway 15 (Laurentian), Highway 640 (North Shore), and Highway 13 (Chomedey). Designed to support businesses in warehousing, distribution, and light manufacturing, the property offers a functional layout with 38-foot clear - [1650 Comstock Road](https://www.parkitenterprise.com/portfolio/industrial/1650-comstock-road/) - About the Property 1650 Comstock Rd is a 140,000 single tenant industrial building located in central Ottawa with frontage along Highway 417 and Parkit’s other industrial assets in the Belfast Sheffield Industrial Area. The property is occupied by Arkive Records Management on a long-term lease. The building has a flexible layout which includes a muilt-story - [310 De Baets Street](https://www.parkitenterprise.com/portfolio/recent-sales/310-de-baets-street/) - About the Property Located in east Winnipeg within St. Boniface Industrial Park. Temperature-controlled warehouse. Site is in proximity to major transportation routes: Dugald Rd, Lagimodiere Blvd and the Trans-Canada Hwy. - [1725 Inkster Blvd](https://www.parkitenterprise.com/portfolio/recent-sales/1725-inkster-blvd/) - About the Property Multi-tenanted warehouse facility in Winnipeg's northwest quad. Excellent exposure along Inkster Blvd with easy access to major transportation: Inkster Blvd, Route 90 and Perimeter Hwy. - [2030 Notre Dame Ave](https://www.parkitenterprise.com/portfolio/recent-sales/2030-notre-dame-ave/) - About the Property Multi-tenant industrial building in heart of St. James Industrial area. Benefits from close proximity to the Winnipeg James A. Richardson International Airport. Ideal location providing easy access to major transportation routes: Inkster Blvd and Route 90. - [90-120 Paramount Rd](https://www.parkitenterprise.com/portfolio/recent-sales/90-120-paramount-rd/) - About the Property Multi-tenanted industrial building in Winnipeg's northwest quadrant. Conveniently in the heart of Inkster Industrial Park. Close proximity to major transportation routes: Inkster Blvd, Route 90 and Permiter Hwy. - [1345 Redwood Ave](https://www.parkitenterprise.com/portfolio/recent-sales/1345-redwood-ave/) - About the Property Single-tenant building in the heart of Inkster Industrial Park. Close to major transportation routes: Inkster Blvd, Route 90 and Permiter Hwy. (+/-) 4 acres of excess land provides future expansion opportunities - [961-975 Sherwin Road](https://www.parkitenterprise.com/portfolio/recent-sales/961-975-sherwin-road/) - About the Property One single-tenant and one multi-tenant industrial buildings located close to the Winnipeg Richardson International Airport. The buildings have a clear height of 19’ with 16 dock doors. The zoning for the property is M2 – Manufacturing. - [1165 Kenaston St](https://www.parkitenterprise.com/portfolio/industrial/1165-kenaston-st/) - About the Property Multi-tenant flex/industrial/office building can be efficiently arranged to accommodate multiple floor layouts. Located in an established industrial park in Ottawa east, just off 417. Light Industrial Zoning with 24′ clearance, 9 dock level doors, 1 grade level, 302 parking spaces and significant power – 4,000 Amps. - [5610 Finch Ave East](https://www.parkitenterprise.com/portfolio/industrial/5610-finch-ave-east/) - About the Property Single-tenant signature building with 40,000 sf of warehouse space and 14,000 sf mezzanine office. The site offers industrial zoning, 26' clearance, 2 drive-in doors, 3 truck level doors, 280 parking stalls and frontage onto Finch Ave East. - [720 Tapscott Rd](https://www.parkitenterprise.com/portfolio/industrial/720-tapscott-rd/) - [Terra Park Parking Facility](https://www.parkitenterprise.com/portfolio/recent-sales/terra-park-parking-facility/) - About the Property Services Jacksonville Central Business District Bought by OP Holdings JV for US$6.4M in 2015 Sold for US$6.8M in 2018 plus an additional sum of USD $750,000 paid monthly over the course of a year Achieved an IRR to Equity of 24% for the JV - [Expresso Airport Parking](https://www.parkitenterprise.com/portfolio/recent-sales/expresso-airport-parking/) - About the Property Services Oakland International Airport Acquired by Parkit and its partners for USD $18.6M in 2014 1,899 stalls Sold to OP Holdings JV in 2015 for USD 19.2M Sold in 2018 for USD $36.1M Achieved an IRR to Equity of 42% for the JV - [Riccio Lot Hospital Parking](https://www.parkitenterprise.com/portfolio/recent-sales/riccio-lot-hospital-parking/) - About the Property Services the Smilow Cancer Hospital and the Yale New Haven Children's Hospital Acquired by OP Holdings JV for USD $4.3M in 2015 Refinanced in 2017 at an appraised value of USD $4.5M Achieved 2017 NOI of $298K representing a 6.9% cap rate on initial cost Property owned by OP Holdings JV LLC - [1485 Speers Rd](https://www.parkitenterprise.com/portfolio/industrial/1485-speers-rd/) - About the Property Single-tenant industrial property for distribution or manufacturing. Significant power with 1,800 amps and E3 zoning. Property has rail access and significant yard space for outdoor storage. Two ramps and 2 large drive in doors. 4 Dock doors with levellers. - [1155 Lola St](https://www.parkitenterprise.com/portfolio/industrial/1155-lola-st/) - About the Property Multi-tenanted flex warehouse facility located in central Ottawa in proximity of St. Laurent Shopping, and Hwy 417. 6 Dock level and 4 grade level doors for shipping. 155 parking spaces with 11-18' clearance. - [415 Legget Dr](https://www.parkitenterprise.com/portfolio/industrial/415-legget-dr/) - About the Property Multi-tenant flex/industrial /office building with existing drive-in and dock level loading doors. Strategically located in the Kanata North Business Park. Site is 18 acres with 800 parking spaces and Business Park Industrial Zoning. Significant power to the site with 2,500 Amp Power, 3 elevators. - [Canopy Airport Parking Lot](https://www.parkitenterprise.com/portfolio/parking/canopy-airport-parking-facility/) - About the Property The property is comprised of a 46.07+/‐ acre off‐airport parking lot located in the northeast quadrant of Tower Road and Peña Boulevard, approximately 7+/‐ miles west of Denver International Airport, and about 19+/‐ miles northeast of the Denver CBD. The subject was originally constructed in 2010 and features a 27,500 square foot - [Chapel Square Garage](https://www.parkitenterprise.com/portfolio/parking/chapel-square-lot/) - About the Property The property is a 138,700-square foot subterranean (parking lot) located at 155 Temple Street in New Haven, Connecticut. The improvements contain 325 striped spaces and was constructed in 1964 with renovations in 1989, 1997 and 2004. The supporting land consists of a 0.31-acre site. The subject is a commercial condominium unit which - [Z Airport Parking](https://www.parkitenterprise.com/portfolio/parking/z-parking/) - About the Property The property consists of a 5.46-acre parcel of land that is utilized as an off-airport valet parking lot operated as Z-Parking (ProPark). The property is located at 3 International Drive in East Granby, CT and includes approximately 650 parking spaces with additional capacity for valet when parked within the aisles. The site - [Fly-Away Airport Parking](https://www.parkitenterprise.com/portfolio/parking/nashville-fly-away-airport-parking/) - About the Property The subject property consists of an airport parking lot facility with 1,204 spaces situated on 8.45 acres. The total site area is divided into two parcels (5.37 acres with 798 spaces and 3.08 acres with 406 spaces). ## Financials - [2026](https://www.parkitenterprise.com/news/financials/2026/) - [2025](https://www.parkitenterprise.com/news/financials/2025/) - [2024](https://www.parkitenterprise.com/news/financials/2024/) - [2023](https://www.parkitenterprise.com/news/financials/2023/) - [2022](https://www.parkitenterprise.com/news/financials/2022/) - [2021](https://www.parkitenterprise.com/news/financials/2021/) - [2020](https://www.parkitenterprise.com/news/financials/2020/) - [2019](https://www.parkitenterprise.com/news/financials/2019/) - [2018](https://www.parkitenterprise.com/news/financials/2018/) - [2017](https://www.parkitenterprise.com/news/financials/2017/) - [2016](https://www.parkitenterprise.com/news/financials/2016/) ## Categories - [Uncategorized](https://www.parkitenterprise.com/news/category/uncategorized/) ## Types - [Management](https://www.parkitenterprise.com/news/management_type/management/) - [Directors](https://www.parkitenterprise.com/news/management_type/directors/) ## Types - [Industrial](https://www.parkitenterprise.com/portfolio/industrial/) - [Parking](https://www.parkitenterprise.com/portfolio/parking/) - [For Lease](https://www.parkitenterprise.com/portfolio/for-lease/) - [In-Development](https://www.parkitenterprise.com/portfolio/development/) - [Recent Sales](https://www.parkitenterprise.com/portfolio/recent-sales/)