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Calgary Herald building sold for $17.25 million

The 391,000-square-foot building was bought by U-Haul Canada, which also purchased the Calgary Sun building in 2020. It will be used as a storage facility and truck rentals.
Cresa, Calgary, for Western Investor

Property type: Office building

Location: 215, 16 Street S.W., Calgary

Size of building: 391,000 square feet

Sale price: $17.25 million

Date of sale: January 18, 2023 (announcement).

Buyer: U-Haul Canada, Toronto

Brokerage: Cresa, Calgary

Broker: Bob MacDougall