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PANORAMA VILLAGE II

Surrey, British Columbia

Panorama Village Shopping Centre is located in the Panorama Ridge area of Surrey, British Columbia. Strategically situated at the corner of Highway #10 and 152nd Street, it is anchored by IGA Plus, McDonald's Restaurants, CIBC, Big Ridge Brewing Company, Subway Restaurants and a private Beer & Wine Store.

The Centre currently services over 4,000 residences in the immediate surroundings, plus draws visitors from the adjacent $1.5 million dollar YMCA facility. Under the major residential development plan approved by Surrey Council in 1997, the eventual population of the Newton/ Panorama Ridge area is estimated to grow to 20,300.

Recognizing the property's tremendous potential, Investors Real Property Fund purchased Panorama Village Shopping Centre, and contracted Trilogy to undertake the development of its expansion (Phase II) on the site immediately to the east. Along with providing development management services, Trilogy is providing leasing and ongoing management services for both Phase I and Phase II.

Panorama Village Phase II added 55,600 sq. ft of leasable area to the existing Centre, providing a total of over 130,000 sq. ft.