One of the larger recent sales that have completed is the sale of Lougheed Town Centre mall in Burnaby, BC. The sale price of the property was $132,847,705 and features 600,000 square feet. Lougheed Town Centre is the second largest mall in Burnaby with 140 stores and services. Some major national and multi-national tenants include Wal-Mart (136,300 sf), Hudson’s Bay Company (125,400 sf), London Drugs (35,000 sf), and Safeway (30,000 sf). The property has an assessed value for taxes of $144,149,000.
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