Long Lake Plaza – Nanaimo BC
4890 Rutherford Road, Nanaimo, BC
A mixed-use office/retail complex comprised of 38,500 square feet of rentable area. The property was acquired fully leased in 2005. After replacing some poor performing furniture retail tenancies with more successful retail brands such as Red Wing Shoes, the property was successfully sold in early 2013 before the main office tenant’s lease expiry. The property was acquired for $5,100,000 and disposed of for $6,100,000.