In a private deal, Copperblock Capital has bought a six-lot land assembly for mixed-use development on University Avenue in Edmonton for $3.4 million.
Breakdown:
Property type: Development site
Location: University Avenue
City: Edmonton, Alberta
Size of land assembly: Six lots totaling 28,962 square feet
Buyer: Copperblock Capital
Proposed development: 100 units of rental housing; 5,000 square feet of commercial space
Brokerage: No broker, private sale