South Granville Office Building Sells in $28.6 Million Deal
TPMG Capital has acquired 2695 Granville Street, a 7-storey office building located at the Northwest corner of Granville and West 11th Avenue.
The 27,812 SF concrete office building was built in 1965 and sits on a 54 x 120′ C-3A zoned lot.
At the $28,600,000 price equates to $1,028 per SF of building area including ground floor retail.
The building had most recently been listed for sale for $29,900,000 following an initial asking price of $36,000,000 in early 2020.
Realnet indicates the buyer is Concord Pacific?