Closing Date: January 2020

Addresses: 724-736 4th Avenue SW, Calgary, Alberta
Site Size: 23,825 SF

Potential Density: 190,600 SF (based on 8.0 FAR)

Highlights:

  • 23,825 SF, Downtown Core development site which is currently operating as a surface parking lot and leased to Alberta Energy Regulators, providing a developer with holding income during the development planning process
  • Unique opportunity to acquire a strategically-located redevelopment site situated in the Downtown Core
  • Located within walking distance to the 7th Avenue LRT corridor, The CORE shopping centre and numerous amenities situated along Stephen Avenue Mall
  • Commercial and residential developments offer the greatest allowable density for the property to a maximum of 20 FAR
  • Four, existing buildings are on the site and leased to multiple tenants which provides holding income on the site

Gallery

Contact for more info

Duncan MacLean

Duncan co-leads the CBRE National Investment Team in Calgary alongside his partner, Richie Bhamra.

Duncan MacLean
Executive Vice President
Richie Bhamra

Richie co-leads the CBRE National Investment Team in Calgary alongside his partner, Duncan MacLean.

Richie Bhamra
Executive Vice President
Geoff Mar

Geoff started his commercial real estate career in 1993. He’s a Senior Vice President with the CBRE National Investment Team in Calgary and has been a vital member since the Team’s inception.

Geoff Mar
Senior Vice President
Drew Redekopp

Drew is a Sales Associate with the CBRE National Investment Team-Calgary and joined the Team in 2016. He has over 10 years of commercial real estate experience.

Drew Redekopp
Sales Associate