Madison Pacific Properties purchases Ballard Power Systems' head office for C$20.75 million
Date Closed
March 9, 2010
Lead Office
Vancouver
Value
20.75 Million CAD
On March 9, 2010, Madison Pacific Properties Inc. purchased 9000 Glenlyon Parkway in Burnaby, British Columbia, from Ballard Power Systems Inc. for C$20.75 million in a sale/leaseback transaction.
Madison Pacific Properties, headquartered in Vancouver, British Columbia, owns, develops and operates industrial, commercial and retail real estate properties located in Western Canada and Ontario.
McCarthy Tétrault LLP represented Madison Pacific Properties, with a team led by Keith Burrell.
