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Sold Stuff

The Village on False Creek commercial component has been sold to First Capital Realty for a total of $45 million. We first wrote about the peculiar deal here which involved an unusual bidding process. It has been confirmed that the sale has in fact finalized. The real estate marketing company, CBRE, is about to be a heck of a lot richer as the rumored commission was upwards of $650K. [Georgia Straight]