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Winnipeg power centre sold for $31 million

Power centre incudes key national tenants
garden-city-square-winnipeg
JLL/Capital Commercial represented Primaris REIT in the $31 million sale of Winnipeg's Garden City Square retail centre on June 21.

DEAL | Primaris REIT sold Garden City Square at 783-915 Leila Avenue, Winnipeg, on June 21 for $31 million. The open-air, non-grocery anchored property is a 160,000-square-foot power centre on 16 acres. Key tenants include Staples, Marshalls, Dollarama, JYSK, and McDonald’s. JLL/Capital Commercial Investment Services brokered the sale to Leyad, a private investor based in Montreal.

PRICE | $31,000,000

FROM | Primaris REIT