Harris Green Village, a four-acre retail centre in the heart of downtown Victoria's Harris Green neighbourhood, has been purchased by an Ontario-based company.
Ontario firm snatches up downtown Victoria retail hub
A downtown Victoria retail landmark has been sold to a Toronto-based firm, Citified has learned.
Harris Green Village – situated on nearly four-acres of land along the 900-blocks of Yates and View streets between Quadra and Vancouver streets – is home to retailers such as London Drugs, The Market on Yates, Bosley’s, Bin 4 Burger Lounge, and COBS Bread Bakery.
However, downtown residents and shoppers needn’t worry about their favourite retailers disappearing or closing for a redevelopment effort any time soon, according to one of the commercial real-estate agents who brokered the deal, CBRE Victoria’s Ross Marshall.
“Some of the high-profile tenants at Harris Green Village have lease terms well in excess of a decade, so realistically the new owners will not be engaging in any redevelopment activities for some time to come,” Marshall said. [Full article]