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Vancouver parkade-commercial package sells for $64.38 million

West Pender Street deal includes 14,820 square-foot-parkade and 3,120-square-foot mixed-use-commercial building sold as a downtown development site.
516-534 west pender
Claridge Advisors, Vancouver, for Western Investor

Property type: Development site assembly

Location: 516 and 534 West Pender Street, Vancouver

Number of sites: 2

Property size: 17,940 square feet (total)

Sale price: $64.38 million (total)

Date of sale: November 30, 2021

Brokerage: Claridge Advisors, Vancouver

Brokers: Patricia Wong Chong and Ashley Osborn