A local investor/developer recently acquired the Phipps-McKinnon Building in downtown Edmonton for $11.25 million. The price works out to just under $60 per square foot, including the retail portion of the complex leased to a pair of local restaurants, Sorrentino’s and Sherlock Holmes.
CoStar Insight
Municipal Budget Constraints Act as a Wet Blanket on Edmonton Office Conversions
One Local Investor Seeks To Take On Partial Building Conversion, More Are Needed
By Paul Richter
CoStar Analytics
May 3, 2024 | 6:47 P.M.
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IN THIS ARTICLE
- Properties
- Connect Tower
10020 101A Ave, Edmonton, AB