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Kelowna 4.5-acre industrial site sells for $13.7 million

Denciti Development, with real estate partners, sold the site at what is said to be a record price-per-square-foot in the area, and a portion of sale proceeds were donated to charity.
Avison Young, Vancouver, Royal LePage, Kelowna,for Western Investor
2100-rutland-kelowna
Avison Young, Vancouver, Royal LePage Kelowna, B.C., for Western Investor

Property type: Industrial land

Location: 2100 Rutland Road N, Kelowna, B..C.

Land size: 241,753 square feet

Land size in acres: 4.5 acres

Zoning current: CP-10

Zoning application: I-2

Potential: industrial subdivision

Price: $13.7 million

Brokerages: Avison Young, Vancouver and Royal LePage Kelowna, Kelowna, B.C.

Brokers: Ryan Kerr, Daniel Lee and Garth White of Avison Young; Steve Laursen, Royal LePage.