Nicola Crosby is pleased to announce the acquisition of 149-159 West 7th Avenue, the first property of the newly created SPIRE Value Add LP, purchased in partnership with PC Urban Properties Corp. This is a two-storey plus basement multi-tenant building comprising 33,750 square feet, originally constructed in 1974. The property is centrally located in the Mt. Pleasant area between Cambie and Main Street just minutes from downtown Vancouver. The surrounding area has recently experienced significant growth including the development of the Olympic Village, and the Canada Line with two stations within walking distance. Our plan is to implement a refurbishment of the asset.
Special Thanks To:
Broker: Ed Ferreira and Darren Starek – CBRE (Vancouver)
PC Urban Properties Corp. (Joint Venture Partner)