Five hottest Done Deals of 2018

Western Investor's most-read commercial real estate transaction profiles

By
Western Investor
December 20, 2018





done deal composite

 

Similar to last year’s most-read Done Deals, the 2018 transaction portfolios that drew the most clicks to our site are properties with potential for residential real estate development. Land parcels outside of the Vancouver core proved popular, with the cities of Coquitlam, Mission and Squamish making the cut. The most-read sale, however, took place outside of B.C.

Here is our annual countdown of WesternInvestor.com's five most popular Done Deals of 2018.

 

5. Surrey multi-family development site sold for $36.35M

The first Done Deal to make the list was published just this month and is one of the year’s priciest transactions on our site. The two-parcel property totals 24 acres and sold for more than three times it’s assessed value of $8.22 million.

4. Large-scale Coquitlam trailer park sold for $38M

This Maillardville trailer park is the most expensive transaction to make our most-read list. At 30.37 acres, it’s also the biggest in size.

3. Downtown Squamish hotel sold for $4.45M

This 24-unit hotel property includes an attached liquor store and restaurant, built in 1910. The C4 zoning allows for commercial and mixed-use development up to six storeys.

2. Mission townhouse development site sold for $4M above assessed value

This nearly five-acre site is our second most-read Done Deal profile of the year, offering a sizable parcel of land for designated townhouse development. The property sold for more than four times its assessed value of $1,067,4000.

1. Edmonton residential development site sold for $9M

Our most-viewed story of the year is an Edmonton sale of several properties totaling 45,800 square feet, located near MacEwan University, North Saskatchewan River and the Brewery District.


Tanya is Western Investor's web content and social media coordinator. She first joined the Western Investor team as a editorial assistant in 2016, after a summer spent freelancing at Glacier Media papers The Burnaby Now and New West Record. She is a graduate of Langara College's journalism program.
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