SMITH STREET PARKADE

• Number of stalls: 430 (over 5 levels)

• 3 Minute walk to nearest climate controlled walkway

entrance

• Rare opportunity to own large-scale parking structure

in downtown Winnipeg

• Acquire well below replacement-cost

• Significant recent investment in the asset  

RARE OPPORTUNITY TO OWN A LARGE-SCALE PARKING STRUCTURE IN DOWNTOWN WINNIPEG

Property Highlights

The Cushman & Wakefield | Stevenson Investment Team (“CWSIT”) is pleased to offer the opportunity to acquire a 100% freehold interest in 330 Smith Street in Winnipeg, Manitoba (the “Property”), on behalf of SAJU Holdings Ltd. (the “Vendor”). The Property consists of an above grade, multi-level, open-air parking structure housing 430 parking stalls and is well-located in Winnipeg’s Sports, Hospitality and Entertainment District (SHED). The Property has been extremely well-maintained with recent capital expenditures exceeding $900,000. The Property presents a purchaser with a great opportunity to acquire and control a large number of parking stalls, providing a platform of immediate scale. Through hands-on asset management, a purchaser has the ability to grow the Property’s revenue stream, creating strong value and consistent returns.