VICTORIA, BC—The Bay Centre in Victoria, has changed hands, and according to broker Avison Young, it might be the first big deal in the market this year.
Michael Keenan, Avison Young principal, and managing director of the company's Vancouver office, announced the transaction, but did not disclose the buyer or the price.
The off-market sale of the 407,000-square-foot Bay Centre, a four-level enclosed regional mall located on approximately three acres of land in the heart of Victoria's commercial core, closed on February 11. Victoria is the provincial capital of British Columbia, Canada.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
