Below are highlights of the Done Deals in Western Investor's February print edition. Click through to the DEAL live link for more information and images.
FROM | Marcus & Millichap, Edmonton. Marcus & Millichap agents Bradley Gingerich, Paul Chaput, Bradyn Arth and Jane Woertman report the following:
DEAL | Multi-family rental portfolio of four buildings with a combined 321 units, Winnipeg. Price: $71.6 million.
DEAL | Two-building multi-family rental portfolio on 96A Avenue NW and 163 Street NW, Edmonton, with a combined 60 units. Price: $8.5 million.
DEAL | Mixed-use, multi-family complex with 10 units of ground-floor retail, Jasper Avenue, Edmonton. Price: $100 million.
DEAL | 105-unit multi-family rental building, Ellerslie Road, Edmonton. Price: $31.5 million.
DEAL | New 43-unit multi-family rental property, 31A Street, Vernon, B.C. Price: $9.49 million.
FROM | Colliers International. Colliers agents Ken Cloak, Grant Evans and Dominic Ricciuti report the following:
DEAL | New 95-unit rental apartment building, Boleskine Road, Victoria. Sold at a 4.25 per cent capitalization rate. Price: $32.7 million.
Colliers agents Kevin Luc, William Maunsell and Matt Saunders report the following:
DEAL | Mixed-use property with 24 rental apartments and eight retail units, Kingsway Avenue, Vancouver, sold for $300,000 above assessed value. Price: $9.3 million.
FROM | Goodman Commercial Inc. Vancouver. Goodman agents Mark Goodman and Cynthia Jagger report the following:
DEAL | 69-year-old, 10-suite, three-floor rental apartment building, West 12th Avenue, Vancouver, sold for redevelopment at a capitalization rate of 2.9 per cent. Price: $5.98 million.
FROM | Klein Group, Royal LePage Commercial, Vancouver. Royal LePage agent Eugen Klein reports the following:
DEAL | 23-pad manufactured home park, Perkins Road, Campbell River, B.C. Price: $1.2 million.
FROM | Re/Max Excellence, Edmonton. Re/Max agent Dale James reports the following:
DEAL | Retail property of 26,874 square feet on 1.37 acres, corner of 97 Street and 125-A Avenue NW, Edmonton. Price: $3.4 million.
FROM | William Wright Commercial, Vancouver. William Wright agents Will Hall and Corey Wright report the following:
DEAL | Commercial site with an office building on 34,696-square-foot lot, New Westminster, with prospect of multi-use development. Price: $16 million.
FROM | Imperial Equities Inc. Edmonton. Imperial Equities reports on this acquisition:
DEAL | 37,200-square-foot industrial building, Nisku Industrial Park, Nisku, Alberta. Price: $6.67 million.