3108 Highland Boulevard, a 2-storey retail building in Edgemont Village has sold for $2,475,000. The building is at a prime corner in the village and is located on a 2,700 SF lot.
A single-storey retail building at 851-855 West Broadway has sold to a local private investor for $4,700,000, or approx. $800 per SF. The 5,800 SF building contains three retail 
units and over 5,000 SF of basement space.
The building was recently renovated and tenants include Cafe Artigiano and Uniform Central. A third space was being marketed for lease at $35.00 per SF net.
There is a sizable new office block with a design not like any other on the North Shore coming to central Lonsdale.
City of North Vancouver council voted Monday night to approve a five-storey, 9,600-square-foot retail/office building on the corner of 12th Street and Lonsdale Avenue. The site is currently home to a convenience store, a Vietnamese restaurant, a pizza restaurant as well as a laundromat and hair salon.
The building’s facade is like most glass curtain wall designs used in office towers, except it is rotated 45 degrees and divided up into a mesh. The outer wall then curves outward and turns into an awning over the sidewalk.
The proposal exceeds the density allowed on the site, however council agreed to amend the official community plan because the building includes “employment generating space,” and because the developer is contributing $172,800 to the city’s community amenity fund.
As reported by CBC, the Competition Bureau has ordered Sobey’s Inc. to sell 23 stores in Western Canada before it will approve its $5.8-billion purchase of grocer Safeway Canada.
The Nova Scotia-based supermarket chain says it has agreed to put the supermarkets on the block and it expects to close the acquisition of the Canadian assets of Safeway in early November.
The two affected Metro Vancouver properties are:
Tsawwassen Safeway
Safeway Tsawwassen, 1143 56th Street, Tsawwassen
This is a 4.5 acre site in the heart of Tsawwassen’s commercial area. The property is zoned C-1. It is assessed at $11,977,000.
New Westminster Thrifty’s
Thrifty Foods Sapperton, 270 East Columbia Street, New Westminster
The Thrifty’s is located as part of Wesgroup’s Brewery District project and does not have redevelopment potential.