Acquisitions

Cottonwood Mall, Chilliwack, BC

February 8, 2019
Retail

45585 Luckakuck Way, Chilliwack
Purchased: 2019

Nicola Crosby, the real estate division of Nicola Wealth Management Ltd., is pleased to announce the acquisition of Cottonwood Mall in Chilliwack, BC, in partnership with PCI Developments.  Cottonwood Mall is a prominent 259,560 sf shopping centre situated on an expansive 21.9-acre site in Chilliwack’s growing retail district, and is anchored by a premier mix of national tenants including London Drugs, Dollarama and TD Canada Trust.

Special Thanks To:

  • Brokers – Jim Szabo & Tony Quattrin (CBRE)
  • Partner – PCI Developments

For more information, please contact any of the following:

About Nicola Wealth Real Estate

Nicola Wealth Real Estate is the in-house real estate division of Nicola Wealth.  Our team acquires and manages properties for Nicola Wealth’s real estate portfolios.  We are an experienced team with a disciplined approach, dedicated to building high quality real estate portfolios that are diversified both geographically and by asset type.

About SPIRE Real Estate Portfolios

SPIRE Real Estate LP is an investment portfolio comprised of retail, industrial, office, multi-family, seniors and self-storage properties totaling 3.7 million square feet located in major Canadian markets. SPIRE US LP is an investment portfolio comprised of office, retail and industrial properties located in Seattle, San Francisco, Denver, Phoenix, Houston and Chicago. The portfolio also includes interests in over 14,000 multi-family apartment units located in the South and Southeast US. SPIRE Value Add LP is a new addition to the SPIRE and SPIRE US investment portfolios and focuses on generating returns through re-sale of investments in multiple projects using “value-add strategies.”