Edmonton rental tower sold for $67.25M

The 249-suite apartment property totals 54,000 square feet

By
for Western Investor
October 24, 2018





the pinnacle
 
A 249-unit apartment building has sold for $67.25 million, JLL Canada tells Western Investor. 
 
The Pinnacle is a rental building with 25,000 square feet of commercial space on the ground level. The property totals 54,800 square feet. 
 
The property is located at 10127 121 St. NW, Edmonton. 
 

Breakdown: 

 
Price: $67,250,000
No. of Units: 249
Lot Size: 54,800 SF
Property Type: Multi-family 
Zoning: DC1
Date of Sale: 10/22/2018
City: Edmonton 
Province: B.C. 
Name of Brokerage: JLL Canada 
 

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Samuel Dean is a senior sales associate and JLL Edmonton, specializing in multi-residential real estate.

JLL Canada
Suite 2102, 10088 102 Ave.
Edmonton, AB T5J 2Z1
Direct: 780-328-2560

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