Peace Arch Business Centre, which has 22,776 square feet of retail and office space and is located on the King George corridor, sold for $200K below list at $7 million, reports William Wright Commercial.
Breakdown:
Property type: Commercial building (retail/office)
Location: 2320 King George Boulevard, Surrey
Property size: 22,776 square feet
Land size: 43,600 square feet
Zoning: CHI (Commercial highway)
List price: $7.2 million
Sale price: $7 million
Sale date: January 30, 2020
Brokerage: William Wright Commercial, Vancouver
Brokers: Cory Wright and Zuber Jamal of Williiam Wright, with listing brokers Dylan Sohi and Mike Grewal of Colliers International