Scotiabank has sold their branch location at the Northwest corner of Dunbar and West 41st Avenue for $14,000,000, or $343 per buildable SF based on current redevelopment potential. The 16,320 SF, C-2 zoned property was put up for sale on the market in 2015. The buyer is Luxurious Property Ltd.
I am pleased to announce the sale of 1484 Martin Street; a 2.5 acre parcel of land representing one of White Rock’s premier mixed-use development opportunities. The property sold for $22,000,000.
A 42,000 SF, C-Class office building on Hornby Street has sold to Bene Development for $25,500,000, or approximately $625 per SF. The building is currently occupied by Copeman Healthcare, among other tenants. The building sits on a 12,000 SF site.