Marloborough Court, a 5-storey office building located at Marlborough Avenue and Kingsway in Burnaby, has been sold to a local private investor.
The building is adjacent to Metropolis at Metrotown mall, is an 83,000 square foot, five storey office complex offering large floor plates. The purchase price was $27,200,000, or $326 per SF.
The building is located on a fairly large site, totaling 36,500 SF. The site is designated commercial within the existing Metrotown Plan.
I am pleased to announce the sale of 2445 Hemlock Street. Colliers worked on behalf of the Vendor to generate multiple offers. The property sold to a user group that intends on occupying a portion of the building. The purchase price was $4,000,000.
Exterior
Taken April 30, 2014 by 604 City
