Abbotsford retail centre fetches $15 million

Four-building complex on 2.8 acres on South Fraser Way sold for full asking price

By
for Western Investor
October 4, 2019





DD abbotsford retail centre

A four-building retail centre on 2.8 acres in Abbotsford has sold at the full asking price of $15 million in an off-market transaction, reports Colliers International.

Breakdown:

Property type: Retail

Location: 33300 block, South Fraser Way

City: Abbotsford, B.C.

Building size: Four buildings totalling 35,000 square feet

Land size: 2.8 acres

List price: $15 million

Sale price: $15 million

Date of sale: September 23, 2019

Brokerage: Colliers International

Agents: Matt Saunder and Mike Grewal


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