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North Vancouver industrial property commands $790 PSF

Property changed hands between owner-users
Sold on June 17 for under asking, 335 Lynn Avenue in North Vancouver offers 7,000 square feet of light industrial space with yard area.

DEAL | An owner-user industrial facility at 335 Lynn Avenue, North Vancouver, sold June 17 for $790 per square foot. The purchaser is also an owner-user who acquired the I-3 zoned property for $5.5 million, a discount to the list price of $5.99 million. The facility is 7,000 square feet on 0.33 acres, allowing for yard space.

PRICE | $5,530,000

FROM | Stuart Wright, Avison Young