SOLD

On behalf of Barafield Realty Ltd., Cushman & Wakefield ULC. is pleased to announce the sale of thirteen (13) multi-family rental properties comprising a total of 1,058 rental suites. The properties are located in four (4) municipalities, including Vancouver, Burnaby, Coquitlam, and Surrey, and represented an exceptional opportunity to acquire a mix of highly coveted income producing multi-family rental assets as well as rental intensification and condominium redevelopment projects in some of the region’s highest growth areas.

Among the portfolio sale is Regency Square located at 13325 105 Avenue in Surrey, BC. This 83-suite rental property sits on approximately 2.28 acres of site area in Surrey’s City Centre. Alongside its neighbouring properties, Regency Square holds an underlying land value for future redevelopment. There are 36 underground and 63 surface parking stalls available for the tenants (99 total). Regency Square is equipped with an elevator and a shared laundry room.