New Tenants for Brick Building Announced
By 250 News
The Brick Building on Third Avenue in Prince George has a new life.
Emri Group, the owners of the building, has entered into a long term lease with City Furniture which will vacate the store at Second and Dominion to move to the 3rd Avenue site. In connection with City Furniture’s lease, Emri Group will purchase City Furniture’s existing property.
Liquidation World has also signed a long term lease for the 27 thousand square feet upstairs.
The stand alone restaurant at 4th and Quebec, which was Noodles Cafe, will become a new sushi restaurant.
The property, occupying nearly an entire block in the centre of downtown Prince George, is a landmark retail property having originally been home to The Hudson’s Bay Company.
Emri Group purchased the property in November 2006 and has replaced the roof and is currently undertaking improvements to the building’s mechanical systems as well as a complete repainting of the building and the attached 200 car multi-level parking facility. “We’re excited to have secured City Furniture and Liquidation World to long term commitments in this important building”, said Ian Duke of the Emri Group. “We’re big believers in the future of downtown Prince George and are really pleased to be able to contribute to its revitalization as a retail destination”. The Emri Group has also purchased the Achillion restaurant property and two apartment buildings in or near downtown Prince George in the last year and, City Furniture President Ray Kandola expressed excitement at the impending move and expansion of his business, which he has operated in downtown Prince George for over 30 years. “We see this as an opportunity to grow our business in this market and to establish a greater presence downtown in a high profile building.” City Furniture expects to open in its new location in December of this year, after completing tenant improvements.
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