Done Deals

The new five-storey, 175-unit purpose-built luxury rental complex in Kelowna, B.C.'s, Glenmore area was sold upon completion to Toronto-based Centurion Apartment Real Estate Investment Trust.

Two retail units on West Broadway Avenue, Vancouver, close to SkyTrain station hub, received multiple bids and sold over asking, at $1.09 million.

Damaged by a 2019 fire, the 19-unit multi-family building on a .33-acre site on S.W. Marine Drive in Vancouver has development potential with a 2.5 FSR.

Cascade Centre, with 19 retail and office units on a 1.19-acre site in uptown Chilliwack, transacted for $4.5 million.

The 138,716-square-foot retail centre, on nearly 10 acres in Delta, B.C., is anchored by London Drugs and a major grocery chain.

Ottewell Plaza covers 10,046 square feet on a .80-acre site in northwest Edmonton with four ‘essential-service’ tenants, including a police station and a medical clinic.

The 0.27-acre corner lot, with development potential in the Norgate industrial area, fetched $5.2 million, or $438 per square foot.

The Edwards Road package includes a 1,568-square-foot temporary building on the 0.97-acre lot in the Okanagan city.

The rental-apartment building is on Cook Street close to Victoria’s downtown and attracted multiple bids to sell at full asking price.

The 3.2-acre parcel contains two buildings and sold for $1.07 million, nearly $400,000 above its assessed value.