Chintz Building, 948 Homer Street Sold
Allied REIT has acquired 948 Homer Street, a 4-storey office building located in Yaletown. The building is 45,321 square feet and was built in 1931. It features high ceilings and openable windows. The purchase price was $18,500,000, representing $408 per sq ft.
This is Allied REIT’s second office building acquisition in Vancouver after acquiring 840 Cambie Street earlier this year.