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Calgary Sun building on 2.6-acre site sells for $65 per square foot

The vacant 78,403-square-foot complex sold for $5.1 million cash and will be converted into 700 self-storage units by buyer, U-Haul Canada Ltd.
Western Investor Staff
calgary sun building sold
U-Haul Canada Ltd., Toronto, for Western Investor

Type of property: Industrial/commercial

Location: 2615 12 Street NE, Calgary

Zoning: DC (Direct control)

Size of property: 78,403 square feet

Size of land: 2.66 acres

Assessed value 2020: $5.49 million

Sale price: $5.1 million

Date of sale: October 19, 2020

Vendor: Postmedia Network Inc., Toronto

Buyer: U-Haul Canada Ltd., Toronto

Brokerage: Cresa, Calgary