Cushman & Wakefield Ltd. Victoria, will be responsible for leasing the Metchosin elementary school at 4495 Happy Valley Rd. until Nov. 30, 2019. (Kendra Wong/News Gazette staff)

Tenants sought for Metchosin elementary school

Cushman Wakefield Ltd. Victoria will be responsible for leasing the space

The District of Metchosin has inked a deal with a commercial real estate company to rent out the old Metchosin school and get the most bang for their buck.

Cushman & Wakefield Ltd. Victoria, a real estate brokerage with offices on View Street, will be responsible for leasing the space at 4495 Happy Valley Rd. until Nov. 30, 2019. The space includes the school side comprising of a gymnasium, 10 classrooms, staff and change rooms, as well as washroom facilities, among others.

“My plan is to work with the District to find a quality tenant that fits their needs,” said Elizabeth Jane Mears, an associate with the brokerage, noting the site is currently zoned for assembly uses such as education and community care facilities, churches, retail stores and artist studios. “That will be our guiding tool when we look at leasing.”

RELATED: District completes purchase of Metchosin elementary school

There are a few ways the brokerage could go about leasing the 19,000-square-foot space, said Mears. It could rent to a single tenant or it could divide the building and lease it to multiple tenants.

So far, there have been a couple of parties that are “seriously” interested in leasing a portion of the site. Mears hopes to put a proposal before council by the end of the month, but it could take four to six months before the space is occupied, depending on if renovations are needed.

The Metchosin Arts and Cultural Centre Association, as well as the seniors centre and Metchosin soap works, among others that currently occupy part of the school will remain in the space.

RELATED: Residents in favour of Metchosin school purchase

“I think we’re going to see a really neat tenant mix and user groups for the community,” Mears said. “I think that having this site go from short-term tenancy and some community groups to a fully tenanted property … we’re going to see this as a bit of a changing tide for that area of Metchosin to have a bit more of a bustling, village feel to it.”

The District purchased the roughly five-acre property for $1.5 million from the Sooke School District last year. However, it was unable to secure provincial grant funding to help pay for part of the purchase, so the full amount was borrowed from the District’s general and police reserves – funds which must be replenished over the next five years.

Once the reserves have been paid off, the District can then look at using the facility for community purposes, including a sub-regional protective services training centre, theatre or expanding the arts space.


Like us on Facebook and follow us on Twitter

kendra.wong@goldstream

gazette.com

Just Posted

Colwood art exhibit shines spotlight on Galloping Goose trail

Pieces inspired by views along the roughly 60-km trail

After-school activities to help your child grow

West Shore Parks and Recreation offers a number of programs for children of all ages

Registration open for West Shore fall sports programs

Lots of fall sports to get kids involved in

Langford Show and Shine ‘best we’ve ever had,’ say organizers

More than 1,000 people showed up to annual event

Michael Silberbauer named first coach of Pacific FC

The Island’s James Merriman named assistant coach

PHOTOS: Puppy love makes a splash at St. Ann’s Academy

Puppies stampede, dive and do yoga at Victoria’s largest outdoor pet festival

Are your kids anxious about going back to school?

BC Children’s Hospital offers tips to help your children be mindful and reduce stress

New trial ordered for James Oler in B.C. child bride case

Meanwhile, appeal court dismisses Emily Blackmore’s appeal of guilty verdict

This trash heap in Vancouver could be yours for $3.9 million

Sitting atop 6,000 square feet, the home was built in 1912, later destroyed by fire

Team Canada’s next game postponed at Little League World Series

They’re back in action on Wednesday against Peurto Rico

Ex-Trump lawyer Cohen pleads guilty in hush-money scheme

Said he and Trump arranged payment to porn star Stormy Daniels and a former Playboy model to influence the election

Greater Victoria Crime Stoppers wanted list for the week of Aug. 21

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

Former Trump aide Paul Manafort found guilty of eight charges

A mistrial has been declared for the other 10 charges against him

Canada’s team chasing elusive gold medal at women’s baseball World Cup

Canada, ranked No. 2 behind Japan, opens play Wednesday against No. 10 Hong Kong

Most Read