Casey Weeks and Morgan Iannone of Colliers International are pleased to announce the successful completion of the Surrey Gardens Apartment Portfolio, 5.9 acres, 3 apartment buildings with 223 residential suites and 11,000 SF retail strip centre.
Colliers International ran a competitive bid process that achieved 10 bona fide offers from local private Investors, foreign investors and REITS within one month. The winning bid negotiated by the listing team was unconditional.
This transaction represents an acquisition of a 100% freehold interest in one of Metro Vancouver’s largest multifamily transactions ever in Surrey. This is also the first time the property has been on the market since constructed in 1973.