Recent Commercial Sales Retail Real Estate

Recent Sale: Lougheed Town Centre, 9855 Austin Road

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.

Official Lougheed Town Centre Website

Leave a Reply

Your email address will not be published. Required fields are marked *