Downtown Vancouver Canada Post office sold

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Vancouver Post Office

According to the Vancouver Sun, Canada Post’s downtown Vancouver office building has been sold to large Canadian institutional investor bcIMC for around $130-million.

The building, at 349 West Georgia Street, occupies an entire block between Georgia, Dunsmuir, Homer and Hamilton.

The post office will move to a new, 700,000 sq. ft. facility in Richmond that is currently under construction.

No word yet as to what will become of the building. Rumours being thrown around include a City Target, Walmart and even a City IKEA, but those are just rumours right now.

Image Source:  Landauer, Barbara

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