VICTORIA, Dec. 13, 2018 /CNW/ - Merchant House Capital Inc. is pleased to announce the off-market acquisition of Blanshard Block in Victoria. This approximately 18,000 sq. ft. of improved lands on Blanshard St. incorporates three fully tenanted properties between Fort Street and View Street in Victoria's financial district.
Located along Victoria's burgeoning tech corridor and vibrant Fort Street retail scene, and anchored by the Montrose Apartments and Monk Office, Blanshard Block represents an excellent opportunity to build value through active management and longer term repositioning.
Merchant House Capital Inc. is currently developing the Victoria Press Building, a 300,000 sq. ft. mixed-use project in Victoria's new Midtown neighbourhood. The project is transforming Midtown, creating a cultural and commercial hub of media, arts, entertainment, technology and education; all intersecting in a single thriving location where people will work, play and live.
Merchant House Capital Inc. is the nexus between smart capital and real estate innovation. With offices in Victoria and Vancouver they actively seek real estate projects in BC and Western Canada where accretive asset management strategies create value.
SOURCE Merchant House Capital
For further information: David Fullbrook, CEO, 250.538.8048; Paul Silk, President, 604.928.7455; Kyle Jacober, VP Business Development, 780.709.5595