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Edmonton City Centre falls into receivership

Alberta court acts after owners of downtown mixed-use complex fail to pay $140 million in loans
The Edmonton City Centre complex contains a retail section and three office towers. (CoStar)
The Edmonton City Centre complex contains a retail section and three office towers. (CoStar)

Edmonton City Centre, a mixed-use complex with retail and office space, has been placed under receivership after its owners failed to keep up with loan payments.

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