Alberta industrial land sale tops $1M per acre

Site of 4.25 acres with industrial building in Lacombe County fetches $4.95 million

By
for Western Investor
August 19, 2019





DD Lacombe county industrial

A 4.25-acre industrial site with an industrial building has sold in Lacombe County, Alberta, at $4.95 million, or more than $1 million per acre.

Breakdown:

Location: Lacombe County, Alberta

Property type: Industrial

Lot size: 4.25 acres

Building size: 29,732-square-feet industrial/office

List price: $5 million

Sold price: $4.95 million

Seller: Baja Holdings BSC Inc.

Buyer: Legacy Communities Inc.

Brokerage: Re/Max Complete Commercial, Red Deer

Agents: Cam Tomalty, Jeremy Makila, Glenn Moore


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