Another Successful Project

Sold

Description:

Corporate Accord Realty sold two industrial two buildings totaling over 42,000sf on just over 2 acres of land within a short time frame to a very qualified out-of-town buyer. The sale involved a Vendor take back mortgage (due to the on-site legal MMR production facility) and a number of amendments to account for timing issues related to the various tenancies – Corporate Accord assisted with all of this documentation.

Asking Price: $7,000,000

364-378 Totom Avenue, Kelowna

Testimonial:

Our family recently decided to sell our two industrial buildings in Kelowna.  Corporate Accord Realty was able to guide us through the presales process, create excellent marketing materials and amend our existing leases to better package these investments.  They then quickly structured a very appealing sale deal with a strong buyer for both properties which included the creation of a short-term Vendor take back mortgage to account for the challenges of financing properties with legal MMR facilities.  The team at Corporate Accord managed all of the deal complications and associated solutions efficiently and effectively – achieving the price we wanted in a very short time frame.

Darrell Hudson and family

Count on Corporate Accord Realty to provide you with the service you expect for your Kelowna Commercial Real Estate investment, lease and sale requirements. We also serve the entire Okanagan.

Contact Peter Contact STEWART