SOLD - 4340 Sundial Crescent, Whistler, BC

Form Retail Advisors Inc. is pleased to announce the sale of 4340 Sundial Crescent (Strata Lots 3 & 4), a single-tenant strata investment opportunity secured with a long-term 30 year lease to Whistler Mountain Resort Limited Partnership (“WMRLP”), operating as “Showcase Snowboards”. The transaction successfully closed at the end of June 2016 with Form representing both the Purchaser and Vendor.

Property Highlights:

Whistler Blackcomb Holdings Inc. owns a 75% interest in each of WMRLP and Blackcomb Skiing Enterprises Limited Partnership, which, together carry on the company’s four season mountain resort business
Whistler Blackcomb Holdings Inc. trades publicly on the Toronto Stock Exchange
Established in 1989, Showcase is the oldest snowboard shop, and one of the most recognizable brands in Whistler
Secure income stream with ongoing rental escalations every five (5) years until March 2031; Subsequent renewal options are based on the previous term’s rent, plus CPI
Comprised of two strata lots, the 3,474 square feet of leasable area is located on the ground floor of the Sundial Boutique Hotel, in the heart of the renowned Whistler Village
Whistler is one of the world’s top year round destination resorts and sees 2.1 million visitors annually

Have a question about selling your asset? Please contact Form for more information.

Joe Genest

Associate Vice President

Joe Genest joined Form in 2014 after spending four years specializing in retail real estate at a multinational brokerage based out of Vancouver, British Columbia. At Form, Joe continues to specialize primarily in retail real estate throughout Western Canada, with an emphasis on the purchase and sale of income-producing assets as well as commercial and mixed-use development land. Through specific client relationships, Joe has also been actively involved in project leasing mandates and retailer representation throughout British Columbia. Joe graduated from British Columbia Institute of Technology in 2010 with a Diploma in Technology from the Marketing Management Professional Real Estate program.

Jon Buckley

Principal

Jon Buckley focuses exclusively on retail investment sales and has become one of the top investment brokers for retail related assets in British Columbia. With more than 10 years’ experience in commercial real estate, Jon has an intimate knowledge of the retail landscape in B.C, allowing him to work extensively with groups at both the private and institutional levels. Jon has brokered a multitude of investment transactions, including enclosed shopping centres, anchored strip malls and plazas, street-front retail properties, mixed-use development sites, single-tenant assets and hotels. Jon entered the industry as a financial analyst for a leading investment properties group, successfully underwriting more than $2.5 billion in total transaction volume during his first two years in the industry. Prior to co-founding Form Real Estate Advisors, he worked at a multinational commercial brokerage firm on a national investment team.