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BCWS staying on top of regional fires | Columbia Valley, Cranbrook, East Kootenay, Elk Valley, Kimberley, Ktunaxa Nation
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Evacuation Order issued for Lazy Lake Road property | Cranbrook, East Kootenay
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Posted:
July 21, 2021
Evacuation Order issued for two properties due to fire
Given the current fire conditions, anticipated wind event, and recommendations of the BC Wildfire Service, the Regional District of East Kootenay (RDEK) has issued an Evacuation Order for two properties east of Saugum Lake, near the Bill Nye Mountain wildfire.
“One owner owns both properties affected by the order and is in regular contact with the BC Wildfire Service,” said RDEK Information Officer Loree Duczek.
“The Evacuation Alert for 53 properties in the Lazy Lake, Lakit Lake and Holmes Road area, including one property on Wildhorse Forest Service road remains in effect with no changes at this time. However, we are encouraging everyone within the Alert area to remain ready and prepared to leave on a moment’s notice should conditions worsen.”
BCWS beefs Bill Nye crew to finalize containment lines | Columbia Valley, Cranbrook, East Kootenay, Elk Valley, Kimberley, Ktunaxa Nation
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Rye Brook, NY-based LRC Properties has acquired a 1,115,269 s/f industrial portfolio in Memphis for $57 million.
The portfolio comprises three buildings located at 3530 East Raines Road, 5510 East Holmes Road and 5540 East Holmes Road.
It is the second major purchase LRC Properties has made in Memphis and follows its recent purchase of the Technicolor Building at 4925 Southridge Blvd in December 2020.
The acquisition was completed via a joint venture with funds managed by Miami-based Rialto Capital Management.
The properties are currently fully occupied by Geodis Logistics and Dayco. LRC Properties plans to do minor capital improvements to the properties.
“Our purchase of this portfolio of properties is part to our continued industrial growth strategy for the Memphis market,” said Karie Nero, Principal of LRC Properties.