DEAL | Fraser Elliott of The Firm Real Estate Services Ltd. represented the vendor in the Dec. 11 sale of this three-storey Class A medical office building adjacent to Mission Memorial Hospital. Built in 2012 on a 42,645 sq. ft. parcel CD-26 zoning, it offers long-term revenue from a AAA tenant, the Fraser Health Authority, which has leased the 26,000 sq. ft. premises until 2031. It sold for above assessed value with a cap rate of 5.1 per cent.
PRICE | $15,900,000
FROM | Fraser Elliott, The Firm Real Estate Services Ltd.
