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Kal Tire Gets New Landlord at 7 B.C. Shops

Seven Kal Tire outlets in southern British Columbia were sold to a private Greater Vancouver investor on June 30.
The sale followed an auction with 20 qualified bids, and Marcus & Millichap listed the properties for Arrowleaf Real Estate Holdings Ltd.
The seven properties involved in the sale were located in Lumby along with several other towns across southern British Columbia, creating a varied regional portfolio.
Kal Tire communications from Vernon confirmed that the operations of these Kal Tire stores remain unchanged, with only the ownership of the property having recently transitioned.
This transaction suggests continued operational stability for the stores while offering investor flexibility due to multiple landlords across Canada.

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14 Articles

Caledonia Courier

+10 Reposted by 10 other sources

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Kal Tire gets new landlord at 7 B.C. shops

Operation remains the same despite building sales in Nakusp, Lumby, Castlegar, Courtenay, Hope, Lillooet and Golden

2 days ago

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Sicamous Eagle Valley News

+2 Reposted by 2 other sources

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Lumby Kal Tire gets new landlord

There's a new landlord to a Lumby business. But the operation remains the same. Lumby Kal Tire was one of seven outlets sold by the tire giant in southern B.C. June 30.

2 days ago·Salmon Arm, Canada

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