WINNIPEG – Global commercial real estate adviser Avison Young in partnership with Cushman & Wakefield Winnipeg has announced the sale of the century-old hotel, space and conference centre known as the Fort Garry Hotel.
Located at 222 Broadway, comprising nearly 60,000 square feet in meeting, spa and fitness space, the hotel offers 236 suites across 1.5 acres.
It first opened in 1913 as the Canadian National (CN) Hotel and has been independently owned for over five decades; three decades under the current ownership.
It’s in close proximity to the RBC Convention Centre, the Canada Life Centre, the Forks National Historic Site, the Canadian Museum for Human Rights and Via Rail station.
“This is a beautiful property steeped in history, with more than 100 years as a respected hospitality institution in Winnipeg – celebrating such a storied past among only a handful of other hotels across the country,” said Curtis Gallagher, principal and Canadian hospitality lead, Avison Young, in a statement. “The perfect investor will see the Fort Garry Hotel as the diamond it is, operating within healthy market fundamentals and attracting competitive lending terms.”