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Big bucks for Tri-City commercial properties

While all eyes were on the residential land assessments when they were released earlier this month, the most expensive addresses in the Tri-Cities are commercial properties.
According to BC Assessment, Coquitlam Centre is the most valuable parcel of land in the area, appraised at close to $700 million.

While all eyes were on the residential land assessments when they were released earlier this month, the most expensive addresses in the Tri-Cities are commercial properties.

According to BC Assessment, Coquitlam Centre is the most valuable parcel of land in the area, appraised at close to $700 million. That is followed by the Suncor property at 1155 Glenayre Dr. in Port Moody, valued at $195.8 million, and the former Burquitlam Plaza shopping centre at 552 Clarke Road in Coquitlam, valued at $180.3 million.

More BC Assessment stories here:

• Industrial land shortage driving up prices

• Priced out of the neighbourhood?

Here are the top three most expensive properties by municipality in the Tri-Cities:

COQUITLAM

1. Coquitlam CentreTop commercial and industrial properties in the Tri-Cities_2

2. Burquitlam PlazaTop commercial and industrial properties in the Tri-Cities_1

3. Cariboo CentreTop commercial and industrial properties in the Tri-Cities_0


PORT COQUITLAM

1. Dominion TriangleBig bucks Tri-City commercial properties_2

2. 2755 Lougheed Hwy.Big bucks Tri-City commercial properties_1

3. 2150 Hawkins St.Big bucks Tri-City commercial properties_0

 

PORT MOODY

1. Suncor.

Big bucks Tri-City commercial properties_0

2. Imperial Oil Lands

Big bucks Tri-City commercial properties_2

3. Pacific Coast Terminals.

 

Big bucks Tri-City commercial properties_1

gmckenna@tricitynews.com

@gmckennaTC