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]
1110 Gateway Ave, Canmore AB
Date Purchased
June 2012
|
Date Sold
September 2014
|
Purchase Price
$17,800,000
|
Sale Price
$20,500,000
|
Site Area
3.04 acres
|
Gross Leasable Area
50,000 SF
|
Fund: Churchill CT Canmore Limited Partnership |
Located in in the dominant shopping center in the heart of Canmore, AB, on the Trans-Canada Highway between Calgary and Banff, this 3.04 acre site features a newly constructed 50,000 SF Canadian Tire retail store that is shadow-anchored by a Sobey’s grocery store to the east, and a Safeway grocery store to the west. Situated on the floor of the Bow River Valley and flanked on all sides by the the Rocky Mountains, Canmore is an upscale “Whistler-style” destination and one of the most beautiful places in all of Canada to live. The property was acquired in June 2012 and was sold to a publicly-traded REIT in September 2015.
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