A 9.69-acre site in Abbotsford in the process of rezoning to industrial has sold for $10.8 million, more than $1 million per acre, reports Avison Young.
Breakdown:
Property type: Land
Location: Marshall Road, Abbotsford
Land size: 9.69 acres
Zoning: Rezoning in process to I2 (general industrial)
Sale price: $10.8 million
Date of sale: October 24, 2019
Brokerage: Avison Young Commercial Real Estate (B.C.) Ltd., Vancouver
Broker: Michael Farrell
