Macdonald Commercial has the marketing assignment
A court ordered the sale of the property
Sales activity is up 15% year over year
Property was listed earlier this month in a court-ordered sale
The land assembly is one of several under court-ordered sale in the area
Greg Ambrose, vice president of CBRE Vancouver, sees a strong year for investment sales
The developer faces threat of absolute foreclosure in Delta
Property could be developed into midrise residential
Marcus & Millichap’s IPA division brokered the off-market transaction.