Reliance Properties Acquires 1770 Davie St. in $43MM Deal
Reliance Properties has acquired a landmark apartment and retail property in the West End for $43,000,000. The building was built in 1958 and includes a 58-unit 16-storey concrete apartment highrise and three retail units including Milestones, and is prominently located at the intersection of Denman and Davie.
The building had been listed for sale by Avison Young without an asking price and sold after receiving multiple offers.
Has it closed yet? I’m not sure they can advertise the actual sold price until after closing date? Wondering if this was the final agreed upon purchase price?
Once again it’s money and greed. When is this going to stop? When are people going to be able to afford a home in Vancouver. This is absolute CRAP!!!!!!