Centre Point Place
| Centre Point Place | |
|---|---|
 Centre Point Place occupies the upper section, with the Edmonton City Centre retail concourse forming the lower section. | |
  Location within Edmonton | |
General information | |
| Status | Under contract for sale |
| Type | Commercial office |
| Location | 10205 101 Street NW Edmonton, Alberta, Canada |
| Coordinates | 53°32′39″N 113°29′36″W / 53.54417°N 113.49333°W |
Construction started | 1972 |
Completed | 1974 |
| Owner | Westrich Pacific (pending sale closing late 2026) |
| Operator | Canderel (Humford Management) |
| Technical details | |
| Floor count | 4 |
| Floor area | 106,803 sq ft (9,922.3 m2) |
Centre Point Place is a four-storey commercial office property in Downtown Edmonton, Alberta, Canada.[1] Located at 10205 101 Street NW, the building forms an integral low-rise office and broadcast component of the Edmonton City Centre complex.[1] Originally built as part of the Edmonton Centre development to house a flagship Woodward's department store, the upper floors were converted into Class A office and broadcast facilities following Woodward's closure.
History
[edit]The structure was completed in 1974 as part of the original Edmonton Centre retail development, serving as the department store anchor for Woodward's. Following the bankruptcy and liquidation of the Woodward's chain in 1993, the upper retail floors were repositioned and adapted into Class A, urban warehouse-style office spaces, operating under the name Centre Point Place. The premises notably became the downtown headquarters and production studios for the Canadian Broadcasting Corporation's English and French broadcasting operations in Edmonton (including CBXT-DT, CBXFT-DT, CBX, CBX-FM, and CHFA-FM).
In November 2019, Oxford Properties sold the entire 1.4-million-square-foot Edmonton City Centre complex—including Centre Point Place, TD Tower, 102A Tower, and the retail shopping centre—to a joint venture comprising LaSalle Investment Management, Bayerische Versorgungskammer (BVK), North American Development Group (NADG), and Canderel, operating under Edmonton City Centre Inc.[2][3] Following the sale, office operations and leasing management were assumed by Canderel (Humford Management).[1][3]
In July 2025, mortgage lender Otéra Capital (a subsidiary of CDPQ) placed Edmonton City Centre, including Centre Point Place, into court-ordered receivership after the ownership group defaulted on nearly $140 million in debt obligations.[3][4]
On August 7, 2026, an Alberta Court of King's Bench justice approved the court-ordered sale of the entire complex to Edmonton-based real estate developer Westrich Pacific, with the transaction scheduled to close by the end of 2026.[5][6]
Design and specifications
[edit]Unlike the vertical office high-rises in the complex, Centre Point Place is configured with wide floor plates characteristic of large-format retail conversions.[1] The building features:
- Typical floor plates of approximately 58,000 sq ft (5,400 m2), allowing contiguous single-floor lease footprints up to 43,701 sq ft (4,060.0 m2).[1]
- Exposed ceiling heights measuring 16 feet (4.9 m) to deck and 12.5 feet (3.8 m) to tile.[1]
- An efficient 7% gross-up factor.[1]
- Enclosed, direct indoor access to the Edmonton Pedway network, Edmonton City Centre Mall, and the Edmonton LRT system (via 102 Street station and Churchill station).[1]
- Integrated access to building amenities in the adjacent 102A Tower, including a conference centre, social lounge, and fitness studio.[1]
Major tenants
[edit]- Canadian Broadcasting Corporation (CBC Edmonton English and French media operations)[1]
See also
[edit]References
[edit]- 1 2 3 4 5 6 7 8 9 10 "Centre Point Place – Connected Downtown Office Space". CBRE Limited. Retrieved August 16, 2026.
- ↑ McLean, Steve (November 13, 2019). "Edmonton City Centre sold by Oxford Properties". Real Estate News Exchange (RENX). Retrieved August 16, 2026.
- 1 2 3 Chai, Howard (July 15, 2025). "CDPQ Places Edmonton City Centre Complex Under Receivership Over $140M Debt". Storeys. Retrieved August 16, 2026.
- ↑ Smith, Madeline (July 9, 2025). "Edmonton City Centre mall owner goes into receivership". CBC News. Retrieved August 16, 2026.
- ↑ Williams, Emily (August 11, 2026). "Edmonton developer looks to buy downtown mall, convert half to housing". CBC News. Retrieved August 16, 2026.
- ↑ "Westrich to Acquire and Redevelop Edmonton City Centre". Retail Insider. August 10, 2026. Retrieved August 16, 2026.
External links
[edit]- "Centre Point Place – CBRE Canada Profile". CBRE Canada.