Devencore is pleased to announce the sale of the nine-storey 51,000 square foot Class A office building at 727 Fisgard Street in downtown Victoria to True North Commercial Real Estate Investment Trust. The property is fully occupied by two tenants, including First Island Financial Services and the Province of BC. The buyer (listed as TNT.UN on the TSX Exchange) currently owns and operates a portfolio of 30 commercial properties consisting of approximately 1.94 million square feet in urban cities and secondary markets across Canada. The sellers comprised a private investment group that acquired the property and constructed the building in the mid-1990s. Randy Holt, Rick Pettinger and Matt Pettinger represented the sellers. The terms of the sale remain confidential.