Colliers International is pleased to announce the sale of 198 West Hastings Street to a local private investor. Colliers represented the purchaser in this transaction which was a City of Vancouver administered tender process.

*Sold by Kelly Heed, Steve Fame & Casey Weeks

Peninsula Crossing, a 6,455 SF strip retail centre located at 24th Avenue and 152nd Street in South Surrey has been sold by David Taylor and Simon Lim of Colliers. The purchase price was $3,450,000, representing $534 per sq ft, and approx. 5.0% cap rate. The purchaser was a local investor. The property was fully leased to national and local tenants, including 7-Eleven.

Contact us for more information regarding opportunities in this area.

A two-storey warehouse/office building in the Southeast False Creek area has sold for a reported $5,950,000, or $240 per sq ft. The 24,799 sq ft building, zoned I-1, was built in 1965 and has potential for extensive renovation, addition, or conversion to office use. It had been listed for sale with Cushman Wakefield at $6,300,000.