Penticton Power Centre

2210 Main St., Penticton BC

Date Purchased December 2004	Date Sold May 2006
Purchase Price $18,500,000	Sale Price $29,750,000
Site Area 15 acres	Gross Leasable Area 176,094 SF
Fund: Churchill II Real Estate Limited Partnership

Property Description

Penticton Power Centre is a 176,094 SF shopping centre situated on Main Street and Dawson Avenue in Penticton, BC. The 15 acre site features a 110,800 SF Real Canadian Superstore which anchors the centre. Other national tenants include Winners, Staples, Sleep Country, and TD Canada Trust. The property was originally purchased in December 2004 and sold in May 2006.