Investment Services Income Property Sales Strata and Air Space Parcels
The Falls, 809 – 869 Douglas Street, Victoria
-
Transaction
Sale -
Size / Leasable Area
12,000 SF -
Address
809-869 Douglas Street, Victoria, BC -
Represented
Vendor & Purchaser -
Tenant / Anchor
HSBC, 7-Eleven & Browns Social House
Form represented both Vendor and Purchaser in the sale of The Falls, a 12,000 square foot commercial strata offering, located in downtown Victoria. At the time of the sale, HSBC Bank of Canada and 7-Eleven accounted for 73% of the rentable area and over 75% of the rental revenue, with Browns Social House occupying the balance of the space. The Falls is a landmark development in Victoria’s resurgent downtown which, in addition to the commercial strata units, encompasses two luxury residential towers, one 18 stories and the other 13 stories.
We pride ourselves on local consumer knowledge and our recognized ability to identify and secure the best national, regional and independent retailers. Form Real Estate Advisors works with property owners to lease current and upcoming vacancies, as well as re-leasing properties requiring rejuvenation.