香蕉视频直播

Skip to content

BC Tree Fruits downtown Kelowna office sold for $7.5M

Historic building sold for 44 per cent more than the $5.2-million asking price
23529794_web1_201210-KCN-BC-tree-fruits-sold_1
The former BC Tree Fruits office building at 1473 Water Street has been sold. (Contributed)

BC Tree Fruits香蕉视频直播 downtown Kelowna office has officially been sold.

HM Commercial Group announced the property at 1473 Water Street has sold for more than $7.5 million 香蕉视频直播 more than 44 per cent higher than the $5.2-million asking price.

BC Tree Fruits香蕉视频直播 top brass admitted it was looking into the sale of the historic building in an interview with the Capital News at the end of September.

香蕉视频直播淚t was a very difficult decision香蕉视频直播 it is an iconic building,香蕉视频直播 said Warren Sarafinchan, Chief Executive Officer of the BC Tree Fruits Cooperative. 香蕉视频直播淭he cooperative is in the process of transforming our business, and it was a decision that was necessary.香蕉视频直播

At the time, Sarafinchan said he was 香蕉视频直播榮hocked and overwhelmed香蕉视频直播 by the amount of interest in the building. That interest resulted in six offers on the property since it was listed on Oct. 1 香蕉视频直播 three of which were above the asking price.

HM stated the undisclosed buyer from the Lower Mainland indicates there are no immediate plans for the property and they will be seeking a replacement tenant until redevelopment plans are finalized.

The property offers a 13,600-square-foot building on 0.275 acres. The City of Kelowna香蕉视频直播檚 official community plan indicates support for up to 19 storeys in this location.

READ MORE: Massive Leon Ave development coming back to Kelowna council

READ MORE: Contentious Kelowna Costco relocation moved to public hearing

Do you have something to add to this story, or something else we should report on? Email: michael.rodriguez@kelownacapnews.com



Like us on and follow us on .





(or

香蕉视频直播

) document.head.appendChild(flippScript); window.flippxp = window.flippxp || {run: []}; window.flippxp.run.push(function() { window.flippxp.registerSlot("#flipp-ux-slot-ssdaw212", "Black Press Media Standard", 1281409, [312035]); }); }