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Prime Regina Office Properties Come onto Market
Two prime Regina office properties with modest asking prices have hit the open market.
Avison Young has been appointed as the exclusive agent to co-ordinate the sale of both assets.
The two properties, South Broad Plaza and Harbour Landing Business Park, which includes a retail component, are being listed for $32.5 million and $38 million, respectively.
South Broad Plaza, is a six-storey, 133,890-square-foot office building located at 2045 Broad Street in downtown Regina. The building sits on a 1.74-acre site and includes 212 electrified parking stalls. It is 95% leased to provincial government tenants, with one main floor vacancy, and has undergone significant upgrades. With a 25-year track record of government tenancy, South Broad Plaza presents a rare chance to acquire an institutional-grade asset in the heart of Regina’s office market, said Avison Young.
Harbour Landing Business Park, situated at the corner of Lewvan Drive and Parliament Avenue. The property includes two three-storey office buildings, a standalone Tim Hortons drive-thru, and 1.03 acres of excess serviced land for future development.
The buildings are fully leased to professional services firms. Features include LEED Silver certification, waterless urinals, showers, and extensive tenant amenities such as a reflexology garden, bike racks, and access to surrounding green space.
Both properties highlight strong fundamentals, prime locations, and long-term value potential in Regina’s commercial real estate landscape, according to Avison Young.
Dale Griesser, a senior associate in the firm’s Regina office, is co-ordinating the marketing efforts on both properties.
Pictured: Harbour Landing Business Park in Regina.
Photo: Courtesy of Avison Young
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