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Done Deals highlights: September 2019

Done Deals highlights: September 2019

Our top commercial real estate transactions from Western Investor's latest print edition
Vancouver three-storey rental building sells for $8.7 million

Vancouver three-storey rental building sells for $8.7 million

1960s-built 26-unit building in Marpole neighbourhood sells for more than $335,000 per door
Red Deer industrial bay sells for $800,000

Red Deer industrial bay sells for $800,000

6,936-square-foot warehouse in Edgar Industrial Park also has second-floor office space
Nanaimo rental apartment block sells for over assessed value

Nanaimo rental apartment block sells for over assessed value

Per-unit price for 11-suite rental building was $163.81, for total sale price of $1.67 million
Holloway Lodging sold to major shareholder in $265M deal

Holloway Lodging sold to major shareholder in $265M deal

Company's assets include 23 hotels, with nine in Alberta and two in northern B.C., plus 435,000 square feet of office space in U.S.
Langley residential development site sells for $500K under asking

Langley residential development site sells for $500K under asking

B.C. site with the potential for 24 detached housing lots has sold for $5 million
Alberta industrial land sale tops $1M per acre

Alberta industrial land sale tops $1M per acre

Site of 4.25 acres with industrial building in Lacombe County fetches $4.95 million
Vacant Surrey industrial site sold for $4.8M

Vacant Surrey industrial site sold for $4.8M

Site in Surrey’s Campbell Heights North Business Park is 1.7 acres
East Broadway mixed-use building fetches $4.93 million

East Broadway mixed-use building fetches $4.93 million

One-year-old building has two retail spaces and six residential units
Vancouver restaurant and retail property sold for $12.5 million

Vancouver restaurant and retail property sold for $12.5 million

Biercraft site on Cambie Street, along with three other retail units, went for about $700K below assessed valued