Holborn Group has acquired 620-622 Seymour Street in Downtown Vancouver for $5,500,000, or $478 per sq ft. The 2-storey, 11,500 sq ft building has been vacant. The site is 6,000 sq ft which equates to $183 per buildable square foot on land value.
Holborn owns the adjacent Bay Parkade and this acquisition represents additional assembly of land with future redevelopment potential.