Five-building office portfolio in Yellowknife, NWT, sells for $2.1 million

Downtown portfolio in the capital city of the Northwest Territories covers 55,879 square feet of office space on 0.69 acres.

Avison Young, Vancouver, for Western Investor

Property type: Office building portfolio

Location: 5004-5018 50^th Avenue, Yellowknife, NWT

Number of buildings: 5

Size of property: 55,879 square feet (combined)

Size of land: 30,171 square feet (total)

Size of land in acres: 0.69 acres (total)

Zoning: DT (Downtown)

Sale price: $2.14 million

Date of sale:February 25, 2021

Brokerage: Avison Young, Vancouver

Brokers: Reed Newnham and James Robertson

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