Below are highlights of the Done Deals in Western Investor's March print edition. Click through to the DEAL live link for more information and images.
FROM | Avison Young, Vancouver. Avison Young agents Carey Buntain, Rob Greer, Bijan Lalji and Chris Wieser report the following:
DEAL | A 150-unit new 19-storey concrete rental apartment tower at 508 Agnes Street, New Westminster, sold to a private investor. Price: $42 million.
Avison Young agent Bal Atwal reports the following:
DEAL | A 3.5-acre site next to the Olympic Oval in Richmond, B.C., designated for high-density, mixed-use development. Price: $60 million.
Avison Young agent Matt Thomas reports the following:
DEAL | 3,425-square-foot industrial building on a 6,000-square-foot lot at 300 East Esplanade, in North Vancouver’s Lower Lonsdale area. Price: $3.9 million.
FROM | NAI Commercial, Vancouver. NAI agents J-D Murray and Gary Haukeland, with Chris Moore of Crosby Moore Real Estate, report the following court-ordered sale:
DEAL | A 396.9-acre site of a failed residential-resort development on the Sunshine Coast has sold to the local shíshálh (Sechelt) Nation, which outbid other suitors. Price: $15 million.
NAI agent Brian Mackenzie, with Matt Fawsitt of Colliers International and Dave Hall of Re/Max, announce the following:
DEAL | Small-bay industrial building at 6945 Palm Avenue, Burnaby, has sold for $568,000 above its assessed value. Price: $4.8 million.
FROM | Corbel Commercial Inc., Vancouver. Corbel agents Robert Tham and Marc Saul report the following.
DEAL | 108-year-old, three-storey, 26-room hotel at 635 East Hastings Street, Vancouver. Price: $3.51 million.
FROM | Cushman & Wakefield, Vancouver. Cushman & Wakefield agent Harpreet Singh, with Jag Cheema of Royal LePage Wheeler Cheam Realty, reports the following:
DEAL | Two acres of industrial-zoned waterfront at 7150 Bank Street and 33556 Timberwood Avenue, in the Waterfront Development Area, Mission, B.C. Price: $2.8 million.
FROM | Homelife Commercial. Homelife agent Rick Toor reports the following:
DEAL | Six-unit rental apartment building on 8,052-square-foot lot with multi-family development potential, at 46316 Margaret Avenue, Chilliwack. Price: $885,000.
DEAL | 3,120-square-foot commercial strata space, 8896 Young Road, Chilliwack. Price: $620,000.
FROM | Frontline Real Estate Services Ltd., Surrey. Frontline agents Todd Bohn and George Richmond, with Ray Veenbaas from Re/Max Little Oak Realty, report the following:
DEAL | 9,148-square-foot corner lot at 2657 West Railway, final piece of a 52,272-square-foot land assembly in downtown Abbotsford, improved with a 4,300-square-foot commercial building. Price: $1.4 million.
FROM | Re/Max Coast Mountain, Terrace, B.C. Re/Max agent Dave Materi reports the following:
DEAL | Light industrial property with 1,050-square-foot building with office space and amenities, 5021 Keith Avenue, Terrace, B.C. Price: $360,000.
DEAL | Serviced 16,500-square-foot commercial lot, 4512 Greig Avenue in downtown Terrace, C1-A zoning. Price: $139,000.
DEAL | 2,100-square-foot office building on a 17,986-square-foot commercial lot, at 4820 Halliwell Avenue, Terrace. Price: $256,000.
Closed a major commercial deal in Western Canada? Submit your deals at westerninvestor.com/done-deals/done-deals-form
