MACBAIN Properties Ltd., along with their client Sanjel USA, participated in an official Ground Breaking Event on Thursday, October 5, 2006, to kick-off the development of a new facility in Williston, North Dakota. Hosted by Williston’s Economic Development Department, the ceremony was attended by City Council delegates, Sanjel USA representatives, and MACBAIN’s Vice President and General Manager, John Milino, all of whom helped to officially kick-off the project. MACBAIN is constructing a 50,000 ft² oilfield facility on 14 acres of industrial land for Sanjel USA, a leading oil and gas service company, and has targeted project completion for Spring 2007.

To view architectural images of the new facility, please click here [1, 2].

MACBAIN proudly announced the purchase of 14 acres of industrial property in Williston, North Dakota. The acquired property will be the future site of a 25,000 sq. ft. oilfield service facility for Sanjel USA, a leading oilfield service provider of acidizing, cementing, coiled tubing, fracturing, and nitrogen services. Construction is scheduled to begin this summer 2006, with project completion targeted for Fall 2007.

MACBAIN announced the acquisition of 15 acres of premium industrial land in Fort St. John, British Columbia, with plans to develop a full service oilfield facility. The acquisition is one of several land purchase transactions MACBAIN has finalized in recent months, and will further strengthen the organization's position in the Western Canadian real estate market.

Effective January 1, 2006, TD Waterhouse will expand their leased space by 3,800 sq. ft. at Epcor Place in Calgary, Alberta. The additional space will facilitate growing business operations at TD Waterhouse, and further solidify MACBAIN's credibility with major national tenants.

TD Waterhouse Group, Inc. provides investors and financial advisors with a broad range of brokerage, mutual fund, banking, and other consumer financial products. Worldwide, TD Waterhouse currently has 3.2 million active customer accounts. TD Waterhouse is a wholly- owned subsidiary of The Toronto-Dominion Bank (NYSE/TSE: TD) and part of TD Bank Financial Group.

MACBAIN announced its purchase of 45 acres of industrial property across Western Canada, to be used for four industrial development projects. Land purchased in Fort Nelson, British Columbia and Red Deer, Lac La Biche, and Grande Prairie, Alberta will be the future sites of new oilfield service centers. Initial steps have been made toward developing industrial facilities for each property, with construction projects targeted to begin in spring 2006.

MACBAIN proudly announced the completion of a new 40,000 sq. ft. industrial facility in Redcliff, Alberta. Situated on a 16 acre plot, the state-of-the-art facility is MACBAIN'S latest industrial development in Western Canada, incorporating both customized office and operational work space for one of Canada's leading oilfield service companies. The new facility is a valued addition to MACBAIN's industrial portfolio and will further increase MACBAIN's presence across Western Canada.

As of December 1, 2005, MACBAIN expanded its business operations to the United States, increasing the company's presence throughout North America. MACBAIN will remain based out of Calgary, Alberta, Canada, and is now able to focus on the acquisition, development, and management of high quality properties in both Canada and the United States. Exciting new development projects are already underway in the United States. Be sure to visit macbain.ca for further details.

MACBAIN broke ground on a 133,000 sq. ft. industrial facility in Calgary's Eastlake subdivision on August 23, 2005. This large industrial development will be the future site of Sanjel Corporation's Professional Park, slated to be one of the largest technical oilfield facilities in Canada. The building will house Sanjel's Technical, Fabrication and Maintenance, and Training Centers, and is scheduled for completion by early summer 2006. The development of the Eastlake technical facility will become MACBAIN's signature industrial property and complement their existing portfolio.

MACBAIN secured a major, long-term tenant for their Epcor Place office and retail property, located at 505 - 2nd Street SW in downtown Calgary. As of June 1, 2005, Sanjel Corporation, Canada's largest privately owned international oilfield service company, will occupy 60,000 sq. ft. across four floors of the eight story building, boosting building occupancy levels to 100%. All four floors have been completely re-designed and re-developed to maximize workspace and modernize layout.

Meyers Norris Penny, the only Top 10 chartered accounting firm based in the West, signed a ten year lease agreement becoming the major tenant of MACBAIN's 40,000 sq. ft. MNP Place. Meyers Norris Penny will occupy 80% of the building over four floors, featuring premium office workspace and a central, sunlit glass staircase.

Meyers Norris Penny is a chartered accounting and business advisory firm that delivers a comprehensive range of accounting, taxation and advisory services to meet their clients' personal and business needs. Meyers Norris Penny has 45 offices across Western Canada.