Garibaldi Village Shopping Centre

40147 Glenalder Place, Squamish BC

Date Purchased September 2005	Constructed 2005
Purchase Price $9,230,000	Sale Price -
Site Area 3.44 acres	Gross Leasable Area 39,153 SF
Fund: Garibaldi Village Property Limited Partnership

Property Description

Garibaldi Village Shopping Centre is 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 and Extra Foods, the property is located at Mamquam Road on Highway 99 in Squamish, BC. Notable tenants include Boston Pizza, Starbucks, Subway, Intrawest, Source for Sports, BlueShore Financial, Dollarama and Mountain FM Radio. Phase III opened in 2010, with London Drugs, Government Liquor Store, Warehouse One and many other national tenants. This combined development is now the number one Shopping and Commercial Centre in Squamish facing Highway 99. Squamish is a thriving community currently experiencing exponential growth due to its proximity to Vancouver and the successful 2010 Winter Olympics at Whistler.