wilkinson plaza


18,122 Square Foot Retail Property

Value-Add Program Completed:

  • Centre was 42% vacant upon purchase in 2017;
  • Rezoned property to allow for major liquor retail sales;
  • Completed new lease transaction with 3,000 square foot liquor store tenant;
  • Renewed, relocated and expanded existing tenants, completed two new retail leases to achieve 100% occupancy;
  • Converted multiple lease types into one standard form institutional-quality net lease;
  • Actively managed building systems and operations;
  • Purchased asset in October 2017 for $4,950,000;
  • Sold asset in December 2021 for $7,826,000.