Churchill International Property Corporation
Suite 1010, 1040 West Georgia Street, Vancouver, BC Canada V6E 4H1
T: 604.689.8500
F: 604.689.5910
E: [email protected]
Garibaldi Village Property Limited Partnership was syndicated in 2004 and offered investors an opportunity to participate in acquiring, owning, operating and maximizing the value of Garibaldi Village Shopping Centre – a plaza-style power centre with 39,153 SF of leasable space comprised of two multi-tenant pads, and one standalone pad. Part of a combined three-phase development that includes shadow anchors Canadian Tire, Craig’s Independent Foods and London Drugs, the property is located at Mamquam Road on Highway 99 in Squamish, BC. Other notable tenants include Boston Pizza, Starbucks, Subway, Intrawest, Source for Sports, BlueShore Financial, Dollarama and Mountain FM Radio. This combined development is now the number one Shopping and Commercial Centre in central Squamish. Squamish is a thriving community currently experiencing exponential growth due to its proximity to Vancouver and the successful 2010 Winter Olympics at Whistler. This offering required a minimum investment of $100,000 and was available to Accredited Investors only. Garibaldi Village Property Limited Partnership is fully subscribed.
Property Name | Location | Asset Type | SF | Purchase Date | Purchase Price | Sale Date | Sale Price | Value +/- |
Garibaldi Village Shopping Centre | Squamish, BC | Office, Retail | 39,153 | September 2005 | $9,230,000 | - | - | - |
Aggregate SF: | 39,153 | Aggregate Purchase: | $9,230,000 | Total Gross Profit Margin: | $0 |
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