Page 2 - Landrex
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andrex Inc., one of Alberta’s largest privately-  The year was 1972. Larry Andrews spent his days                   As fate would have it, one evening he found a          came up with the deposit on the land he wanted to
               owned real estate development companies,         articling at an Edmonton law firm and completing                   quarter-section for sale in his former hometown        buy, and boarded a plane for the first time in his life

       Lis celebrating 50 years of history and                  his law degree. Despite a promising career in law,                 of Sherwood Park, AB. Adjacent quarter sections        in order to close the deal at $2,100 per acre. When
        experience in 2022. Every year, Landrex provides        his passion for the land development industry often                had sold for $2,500 per acre. At the time, Andrews’    he came home, he was able to resell at $2,500

        more and more families with the opportunity to          led to Andrews driving around at night searching for               annual salary was $4,800, shy of the $6,000            per acre as he had anticipated, and the seeds of

        realize their dream of home ownership.                  his first land deal.                                               required deposit. Never to be discouraged, Andrews     Landrex were sown.




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