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M4 Office Building Ownership Buyout

Sector: Manufacturing (Industrial) • Location: Vancouver, British Columbia, Canada

Source: Storeys

Project
Completed

The M4 office building located at 108 East 5th Avenue in Vancouver is a nine-storey building with 166,800 sq. ft of office space and 38,000 sq. ft of industrial and retail space. It is part of the Main Alley creative economy campus being developed by Westbank. Allied Properties REIT has agreed to buy out Westbank's 50% interest in the M4 office building, bringing its ownership to 100%. The transac

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The project “M4 Office Building Ownership Buyout” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Vancouver, British Columbia, Canada. Taiyo aggregates data on it from Storeys.

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Description

Description

The M4 office building located at 108 East 5th Avenue in Vancouver is a nine-storey building with 166,800 sq. ft of office space and 38,000 sq. ft of industrial and retail space. It is part of the Main Alley creative economy campus being developed by Westbank. Allied Properties REIT has agreed to buy out Westbank's 50% interest in the M4 office building, bringing its ownership to 100%. The transaction will be settled through repayment of receivables and assumption of the full construction loan.

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High

Data quality score

100%

Source

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URL

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