A 7-storey office building at the corner of West Pender and Hornby has sold for $20,300,000, or $495 per sq ft. The 41,000 sq ft building was built in 1968 and had been marketed for sale in early 2012.
The purchaser was a local investor. The top floor has been vacant and can be renovated to allow use as office space.
Wall Financial is proposing a 15 storey non-market rental building with ancillary office at the intersection of Seymour and Helmcken Streets. The project will have 81 residential units that are rented at non-market rates and may form part of the Community Amenity Contribution for another Wall Financial project at the intersection of Richards and Drake Streets.
More information can be found here: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/1107seymour/index.htm