On September 28, 2012, James Speakman and Shauna Towriss assisted in the completion of PIRET’s $48 million acquisition of five industrial properties in Alberta and BC. This raises the REIT’s portfolio to a total of 77 industrial properties with a combined gross leasable area of 5.4 million square feet. Net proceeds from PIRET’s previously announced public offering of 7,015,000 trust units at a price of $4.95 per unit were used to acquire the properties.

Clark Wilson client Pure Industrial Real Estate Trust opened the market today as it received final approval from the TSX to list its Class A trust units. Units commenced trading on the TSX today, representing an important milestone in the maturation of the open-ended investment trust. PIRET was ranked number 10 in the Diversified Industries sector in 2011 and 2012, and was "Pick of the Street" in 2011 on the TSX Venture 50. Fittingly, PIRET, whose trading symbol is AAR, rang the bell on International Talk Like a Pirate Day.

Clark Wilson LLP is pleased to welcome Amy Walsh as an Associate in our Technology and Intellectual Property Practice Group. Amy interned at Chandler & Thong-Ek Law Offices in Bangkok, Thailand and at the Investment Capital Branch of BC's Ministry of Small Business & Technology prior to completing her articles at Clark Wilson. She was called to the Bar of British Columbia earlier this year.