Overhead view of the Westbank Shopping Centre. - Image: Contributed

Westbank Shopping Centre sold to new owners

New local ownership for the West Kelowna mall located on WFN land

There is a new owner for the Westbank Shopping Centre on the Westside.

In a deal that closed today, the mall will be owned by the Kandola family who are also the owners of the City Furniture and Appliance store on the adjacent property.

The Kandola family owned and operated property in Prince George before recently relocation to the Central Okanagan. Realtor Bill Raine of Coldwell Banker Horizon Realty said it’s a great time to invest in West Kelowna.

“It’s great to see local ownership for this Westside landmark” said Raine. “What is interesting, when we began the buying process early in 2017, there were a significant number of vacancies. Now we are nearing 100 per cent occupancy with new tenants moving into the centre.”

Ray Kandola is currently a director the Greater Westside Board of Trade and is a tireless worker for charity organizations.

The Westbank Shopping Centre was the first major project to be built on WFN land, opening in 1996.

Currently anchored by Landmark Theaters, Lammle’s Western Wear, Liquor Depot, White Spot and TD Canada Trust, the mall has nearly 74,000 square feet of leasable space.

To report a typo, email: edit@kelownacapnews.com.


@KelownaCapNews
newstips@kelownacapnews.com

Like us on Facebook and follow us on Twitter.

Just Posted

Sun-Rype Products Ltd. and Mamas for Mamas announce partnership

The partnership will help support mothers in crisis

Two artists put on divine feminine art show in Kelowna

The show will be on for the month of July

Poke bowl craze is coming to Kelowna

Pacific Poke opens Downtown this July

First annual BE Awards celebrate Thompson Okanagan Businesses

Kelowna businesses shine in several categories

Kelowna RCMP investigating car accident

The car is believed to have been travelling 150 km/hr

Homeless people living on ‘Surrey Strip’ move into modular housing

BC Housing says 160 homeless people are being moved into temporary Whalley suites from June 19 to 21

Senate officially passes Canada’s marijuana legalization bill

Bill C-45 now moves to royal assent, which is the final step in the legislative process

Fake attempted abduction not funny to B.C. neighbourhood residents

Two teenage boys won’t face criminal charges after scaring girl

New craft brewery location chosen in Kelowna

Rustic Reel Brewing says it will produce beer at new location on Vaughan Avenue

Mosquitoes out in full force already? Blame the weather

But a B.C. mosquito expert says the heat wave will help keep the pests at bay

Man pleads not guilty in 1987 slayings of B.C. couple

William Talbott of SeaTac was arraigned Tuesday in Snohomish County Superior Court

New GOP plan: Hold kids longer at border – but with parents

Move would ease rules that limit how much time minors can be held with their parents

Without a big data strategy, Canadians at risk of being ‘data cows’

Presentation said artificial intelligence could give Facebook and Amazon even more power

Five B.C. families stuck in Japan as Canada refuses visas for adopted babies

Lawyer points to change in American policy around adoptions from Japan

Most Read