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The Jim Pattison Group bought Penticton’s Cherry Lane Shopping Centre on December 13, 2025, expanding its Western Canada retail portfolio.
The Jim Pattison Group has acquired the Cherry Lane Shopping Centre in Penticton, British Columbia, expanding its portfolio of retail properties in the region.
The purchase, finalized on December 13, 2025, marks the latest move by the diversified Canadian conglomerate in strengthening its presence in Western Canada’s commercial real estate market.
Specific financial terms were not disclosed.
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El Grupo Jim Pattison compró el Centro Comercial Cherry Lane de Penticton el 13 de diciembre de 2025, expandiendo su cartera minorista del oeste de Canadá.