Shoppers Drug Mart Buys Ambleside Location

Shoppers Drug Mart successfully outbid any 3rd party investors and purchased a building they occupy at 1583 Marine Drive in West Vancouver. The property, which was acquired by the City of Vancouver through their involvement with Millennium Development in the Olympic Village deal, was offered for sale by tender earlier in June 2013.

The 8,100 SF single-tenant retail building sold for $8,600,000, or $1,050 per SF.