Edmonton residential development site sold for $9M

The 45,800-square-foot site is located near the North Saskatchewan River

By
for Western Investor
July 24, 2018





clifton place development
 
A residential development site in Edmonton has sold for $9 million, CBRE Edmonton reports. 
 
The Clifton Place development site totals 45,800 square feet, located near the North Saskatchewan River, the Brewery District and MacEwan University. The sale was closed on June 29. 
 
The properties are located at 10135/42/48/49/52/56 Clifton Place NW, Edmonton. 
 
 

Breakdown: 

 
Price: $9,00,000
Lot Size: 45,800 SF 
Property Type: Land 
Date of Sale: 06/29/2018
City: Edmonton   
Province: Alberta 
Name of Brokerage: CBRE Edmonton 
 

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Bradley Gingerich is senior managing director of investments at IPA, a division of Marcus and Millichap.

Institutional Property Advisors
Suite 3400, 10180 101 Street
Edmonton, AB T5J 3S4
Direct: 587-756-1575

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