Wanson Group acquires third investment property in Alberta with Calgary commercial plaza
With exciting news for the first quarter of 2023, Wanson Group is proud to announce the acquisition of a retail commercial building in Calgary, Alberta.
With a vision to continue creating value for our tenants and partners, this is Wanson’s third investment property in Alberta –– in addition to the Fairfield Inn & Suites in Edmonton, and high-rise apartment building in Beltline.
“We are so excited about this new acquisition in Alberta,” said Dominic Li, President of Wanson Group. “Our goal is to continue to maintain the property to serve the retail and entertainment needs of the current population, and new residents moving into this neighbourhood over the next few years.”
Located Southwest of downtown Calgary on 10th Avenue, this 19,650 sq-ft commercial plaza is a one-stop place for food, entertainment, grocery stores and more. This includes, A-mart, Ogam Chicken Express, and Galaxy Karaoke.
The plaza was built in 1995, and has become a staple in the community — transforming from an industrial to residential neighbourhood. With several mid- and high-rise mix-used developments under construction within 300 metres from the site, residences are expected to increase substantially in the next few years.
The prime location is 450 metres from Sunalta C-Train Station, which arrives into Calgary downtown within 7 minutes –– providing easy access to the city’s top shopping centres, restaurants, and attractions. Not only that, it is also close to the desirable Beltline district.
Known as one of the best livable communities in Calgary, Beltline is a live, work, and play neighbourhood. Situated at the edge of downtown southside, residents can experience the vibrant and exciting community while getting the privacy they need.