Newton Town Centre is a 114,143 sq. ft. grocery- and essentials-anchored open-air shopping centre situated on 7.9 acres in the heart of Newton, Surrey. Located at 138th Street and 72nd Avenue, the property occupies a prominent position within an established Metro Vancouver trade area.
The offering provided investors with the opportunity to acquire a well-established retail asset combining necessity-based income with significant scale and long-term redevelopment potential. Its strategic positioning within an established and evolving urban centre further strengthened the property’s long-term investment profile.
CBRE conducted a comprehensive marketing campaign that resulted in the successful sale of the property as part of a three-property British Columbia retail portfolio on behalf of Anthem Properties.