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Calgary 50,000-square-foot office building sells for $18.35 million

New downtown building on 1.2 acres is known as the Platform Innovation Centre & Parkade, and the buyer will occupy the office space.
Calgary Municipal Land Corp., Calgary, for Western Investor
399 9 Calgary
Calgary Municipal Land Corp., Calgary, for Western Investor

Property type: Office

Location 309 9th Avenue SE, Calgary

Size of property: 50,000 square feet

Parking stalls: 508

Zoning: Downtown commercial

Sale price: $18.35 million

Price per square foot: $367

Date of sale: February 1, 2022

Seller: Calgary Municipal Land Corp.,Calgary

Buyer: Calgary Technologies Inc., Calgary