The 86,225-square-foot building was listed last year at $9.9 million, prior to Raymond Chabot Inc. taking it over from the building’s insolvent owning company on Nov. 24, 2022
A glass structure cutting eight storeys into downtown Sudbury’s skyline is up for sale, with the Scotia Tower at 30 Cedar St. listed at $6.75 million.
Raymond Chabot Inc. took possession and control of the property on Nov. 24, 2022, as per an agreement the firm continue to manage the property and its current tenants, obtain at least two proposals from independent realtors and list the property for sale. In a promotional video, the building is described as “an icon in the city’s skyline,” which at nearly 90,000 square feet of gross leasable space is one of the largest office buildings in the area.
With the city currently looking for potential alternative locations/options for the Junction East Cultural Hub library/art gallery project, she said “that could be a potential as well,” particularly if Scotiabank vacated the main floor.
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