Quote:
Originally Posted by Changing City
I can't recall if this has been reported already, but Vancouvermarket blog is reporting that Peterson Group have bought the Lougheed Saputo site for $209m. No development for a few years, but that'll be another big project right next to transit which won't displace any existing renters. |
The adjacent property, 7000 Lougheed has been on sale for $4.5 million (last I checked) for a while now with no takers. I wonder how much Saputo will be paying them for the lease until 2021? $209 million for the Saputo property while no one seems to want the sizeable adjacent property for $4.5 million. Strange.
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