Howard is based in Burnaby and covers real estate, housing policy, and the development industry. Signal: HowardChai.24
The Guardian Building at 10240 124 Street in Edmonton is owned by 1643680 Alberta Ltd, which was placed under receivership in June.After being placed under receivership in early-June, the Guardian Building in Edmonton is now looking for a new owner, according to the court-appointed Receiver and a listing.
A Notice of Receiver states that 1643680 Alberta Ltd. is in the business of owning and operating the Guardian Building, and is based in its own building. The receivership proceedings were initiated byThe Receiver also states that there are outstanding amounts owed to the Canada Revenue Agency and City of Edmonton, but the amounts were not disclosed. The company also owes $334,876 to various other unsecured creditors.
Conversely, JLL is also positioning the property as a potential office-to-residential conversion asset.
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