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Prime location supports strong tenancies at Maple Ridge office block

Sale price reflects a premium to the assessed value
Recently renovated and fully tenanted, 22471 Lougheed Highway, Maple Ridge, sold June 21 for $6.3 million.

DEAL | William Wright Commercial represented the owner in the sale of the historic John McIver Building at 22471 Lougheed Highway, Maple Ridge. The fully leased income property enjoys high visibility and is easily accessible by vehicle, transit or foot. An extensive renovation of the second floor and exterior has helped attract and retain a strong tenant mix for the property’s 15,077 square feet. The property sold June 21 for more than $6.3 million, a premium to the assessed value of $5.3 million.

PRICE | $6,325,000

FROM | Stephen Gammer, Stathis Michael Savvis and Chris van Vliet, William Wright Commercial