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Vancouver city block sold for $100 million in medical deal

The Vancouver General Hospital (VGH) and the University of B.C Hospital Foundation closed on this full city block property across from VGH in March 2022.
900-990-west-12th-1024x768
Courtesy: Colliers, for Western Investor (top land deals of 2022)

Property type: Land assembly (Windermere Lodge)

Location: 900-990 West 12th Avenue, Vancouver

Potential: Long-term plan for redevelopment

Land size: 1.5 acres

Price: $100 million

Date of sale: March 2022

Seller: Private investor

Buyer: Vancouver General Hospital (VGH) and the University of B.C Hospital Foundation.