Peterson and partners acquire The Gardens, Steveston Highway and No. 5 Road, Richmond, British Columbia

Peterson is pleased to announce the purchase of The Gardens, Steveston Highway and No. 5 Road, Richmond, British Columbia (the “Property”). The Property consists of 77,000 SF of rentable retail space, anchored by Loblaws and has exposure along Steveston Highway of approximately 40,000 vehicles per day.

The Property is located at the northeast corner of No. 5 Road and Steveston Highway, just off Highway 99, one of Metro Vancouver’s busiest highways connecting Vancouver with the U.S. I-5 corridor.  Once complete, the Gardens will be Richmond’s largest mixed-use development built outside the city centre.