Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
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Development

Sears Building Renderings Revealed

Cadillac Fairview and Nordstroms have released renderings of the soon to be redeveloped Sears building which will see Nordstroms open in 2015.  The project will have approximately 300,000 square feet of office space on the upper four floors and see Pacific Centre expand towards Robson street into what is now the Sears lower level.  Nordstroms will take the first three floors.  Construction is expected to commence on November 1, 2012.


September 18, 2012by david.taylor@colliers.com
Development

Skyline on the rise

There’s nowhere to go but up.

In a region where land and land prices are at a premium, that’s a motto developers have taken to heart, planning a spate of new highrises in Metro Vancouver.

The skyline is likely to change radically in the coming years, with Vancouver, Burnaby and Surrey jostling for the highest honours.

In Vancouver, the Wall Centre, once the city’s tallest tower with 48 floors, was eclipsed by the 58-floor Shangri-La tower in 2008.

Now, Shangri-La will get a twin of nearly its height: a spiralling glass structure at 1151 West Georgia.
Read more: http://www.theprovince.com/entertainment/Skyline+rise/7249779/story.html#ixzz26mX2VL00

September 18, 2012by david.taylor@colliers.com

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David Taylor Personal Real Estate Corporation

Colliers International

DT

David Taylor

Senior Vice President, Colliers Canada

David Taylor is a Senior Vice President at Colliers International in Vancouver, BC, specializing in the sale of commercial real estate across Metro Vancouver. He has sold over $1.7 Billion in office buildings, retail properties, apartment buildings and development land since 2004.

Vancouver Market chronicles investment and development activity in Metro Vancouver, including sale prices, cap rates, $/SF metrics, and market context for commercial real estate transactions.

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