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HBC's Latest Real Estate Deal Includes Beaver Pelts and Elk Hides for Former Flagship Store

Executive Chairman of Hudson's Bay Conveys Historic Winnipeg Store to First Nations Group
HBC executive Richard Baker (left) is given elk hide and beaver pelts as a gift for its historic flagship building in downtown Winnipeg. (CPAC)
HBC executive Richard Baker (left) is given elk hide and beaver pelts as a gift for its historic flagship building in downtown Winnipeg. (CPAC)
CoStar News
April 26, 2022 | 10:04 P.M.

Richard Baker, the well-known U.S. real estate magnate who heads the parent organization of the Hudson's Bay Co., didn't get any money when he departed with his latest building in Canada. Instead, he got treated like a monarch.

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