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.
Development

46-Storey Tower Proposed for Brentwood Area

A 46-storey tower has been proposed for the Southeast corner of Halifax Street and Gilmore Avenue in the Brentwood Town Centre area of Burnaby. The rezoning proposal for the site at 1846-1904 Gilmore Ave includes 340 units, 374 underground parking spaces, and a total density of 5.0 FAR under the City’s RM-5s designation.

1846 GilmoreSource: City of Burnaby

February 27, 2013by david.taylor@colliers.com

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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while

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