Situated within West Kelowna’s primary retail corridor, Governor’s Market is a 28,678 sq. ft. drug store-anchored open-air shopping centre with prominent exposure along Louie Drive and convenient connectivity to Highway 97. The property occupies a 2.52-acre site within an established retail node serving the surrounding West Kelowna community.
The offering provided investors with exposure to necessity-based retail in one of British Columbia’s growing Interior markets. Supported by continued residential development, strong demographic fundamentals and its positioning within an established commercial corridor, the property offered a compelling combination of income stability and long-term market growth.
CBRE NIT successfully transacted the property as part of the three-property British Columbia retail portfolio sale on behalf of Anthem Properties.