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Property Portfolio
Sunstone Opportunity Fund LP Photo Gallery
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Westhill Centre - Nanaimo, British Columbia
Westhill Centre is a neighbourhood retail and office complex. The Centre is comprised of 34,294 square feet of rental area, while the overall site area is 146,066 square feet. Westhill Centre includes two free-standing pad buildings and a 26,600 square foot multi-tenanted two storey building with retail and medical services tenants.
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| Acquired: |
September 2004 for $3,040,000 |
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| Sold: |
September 2005 for $3,550,000 |
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Cascade Plaza - Banff, Alberta
Cascade Plaza Shopping Centre, situated in the heart of Banff, is the town's largest shopping plaza. The retail centre is comprised of 82,884 square feet of retail premises on three levels with an additional 24,964 square feet of office space on the fourth level. It offers the only food court in Banff. The site also contains a residential component with 32 apartment units in 18,908 square feet and an 88,830 square foot, 254-stall enclosed and heated parkade.
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| Acquired: |
50% beneficial interest in August 2004 for $19,850,000 |
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| Sold: |
50% beneficial interest in October 2005 for $25,500,000 |
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Langley Crossing - Langley, British Columbia
Langley Crossing is a 128,719 square foot retail and office centre located in the heart of the highly successful Willowbrook Shopping District - one of the strongest growth corridors in Greater Vancouver. Sunstone acquired two separate legal titles from different vendors, uniting the centre under single ownership and allowing for more efficient management and value enhancement.
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| Acquired: |
April 2004 for
$21,300,000 |
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| Sold: |
September 2005 for $29,000,000 |
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