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Done Deals highlights: May 2017 issue

Done Deals highlights: May 2017 issue

Our top commercial real estate transactions from WI's May edition | One of the last Vancouver gas stations sells for $72M
Industrial land in South Westminster sold for $1.4 million per acre

Industrial land in South Westminster sold for $1.4 million per acre

The 3.68-acre site sold for $5.1 million this April
Surrey development land sold for $2.6 million per acre

Surrey development land sold for $2.6 million per acre

The nearly 6-acre property had a final total sale price of $15.3 million
Westside development site fetches $16.5 million

Westside development site fetches $16.5 million

The property is within the perimeters of the Cambie Corridor Phase 3 plan
Prince George's Pine Valley Estates sold for $134K per suite

Prince George's Pine Valley Estates sold for $134K per suite

The three apartment buildings were sold to an undisclosed private real estate investment trust
Rental buildings near Davie Village sold for $17.2 million

Rental buildings near Davie Village sold for $17.2 million

The two properties sold last year for more than $3 million above their combined assessed value
Winnipeg office building sold for $1.8 million

Winnipeg office building sold for $1.8 million

The 11,326-square-foot property was purchased by Lochhead Holdings Ltd.
Victoria apartment complex sells for $2.37 million

Victoria apartment complex sells for $2.37 million

Character building Stanley Apartments sold for $148K per door near downtown Victoria
Prince George development land sold for six times its value

Prince George development land sold for six times its value

The 2.8 acres of land sold for $1.89 million and was assessed at $288,000 in 2016
Lower Lonsdale rentals with major redevelopment potential sold for $7.9 million

Lower Lonsdale rentals with major redevelopment potential sold for $7.9 million

Twin Manor in North Vancouver sold for $316,000 per door with 45,905 square feet of potential buildable area