Investment, Office

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.

Own an office building in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers  ·  604-761-7044

December 5, 2020by david.taylor@colliers.com