AIMCO to lease eight floors in Edmonton’s HSBC Place
AIMCo (Alberta Investment Management Corporation) will be moving into HSBC Place in Edmonton when the international investment giant finishes an extensive renovation of the downtown tower.
AIMCo bought the HSBC building in 2017. It will consolidate its Edmonton workforce on eight floors of the 17-floor building, located on 101st Street in the financial core of the city, when the refurbishment is complete at the end of December 2019.
The move will empty the top four floors of the Intact Insurance Building at Jasper Avenue and 108th Street in the government district.
HSBC Place is currently vacant as a total refit of the 38-year-old building is underway. Pat Dineen, executive vice-president for
Epic Investment Services, the asset management company for HSBC Place, said after the AIMCo move and the return of some previous tenants there will be about 100,000 square feet remaining to lease in the 317,000-square-foot tower.