DEAL | A multifamily development site at 495 Dougall Rd. North, Kelowna, sold Dec. 2 for $4.8 million. Institutional Property Advisors, a division of Marcus & Millichap, represented the vendor while William Wright Commercial represented the purchaser of this 0.79-acre site in Rutland. Approvals are in place for a six-storey wood-frame development with 105 purpose-built rental units, adding to the purchaser’s multi-family delivery pipeline.
PRICE | $4,800,000
FROM | Jeff Hancock and Shelby Kostyshen, William Wright Commercial