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Vernon shopping centre sells for $19.1 million

Anderson Crossing, a 42,749 square foot retail centre on 3.34 aces with strong national tenants in place, was bought by a Vancouver-based investor group.
HM Commercial Group (Macdonald Realty Ltd),  Kelowna B.C., for Western Investor
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HM Commercial Group (Macdonald Realty Ltd),  Kelowna B.C., for Western Investor

Property type: Retail

Location: 5601 Anderson Way, Vernon, B.C.

Property size: 42,749 square feet (gross leasing area)

Land size in acres: 3.34 acres

List price: $20.7 million

Sale price: $19.1 million

Date of sale: August 31, 2021

Brokerage: HM Commercial Group (Macdonald Realty Ltd),  Kelowna B.C.

Brokers: Jeff Hudson, Marshall McKinley