Garibaldi Village Shopping Centre – Squamish BC

40198 & 40147 Glenalder Place, Squamish, BC

A 39,153 square foot retail plaza located along Highway #99 in Squamish, BC. After providing mezzanine financing to the property developer, the asset was acquired “off market” in 2005 from the same property developer.  Many of the property tenancies were re-merchandised since 2005 and other ‘value-add’ initiatives were implemented including the installation of Canada’s first Tesla supercharging station.  The property was acquired in 2005 for $9,225,000 and successfully sold in 2022 for $22,150,000.