Closing Date: September 2024
Address: 505 2nd Street SW
Total Site Size: 0.48 Acres (20,909 SF)
Total NRA: 121,419 SF
Highlights:
- Excellent opportunity to acquire a prime conversion project at significantly below replacement cost
- Average floor plates of 15,500 SF provides flexible configuration options
- The configuration of the Property is an added benefit to maximize windows and/or balconies for converted residential units
- Strategically located with proximity to the 3rd Street SW LRT Station and is surrounded by abundant amenities including restaurants, cafes, and other retail services
- All existing leases have demolition/redevelopment/termination clauses
Gallery
Contact for more info
Richie Bhamra
Richie leads the CBRE National Investment Team in Calgary.
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 Vice President 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
Vice President
Eighth Avenue Place, East Tower
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1