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

City of Vancouver Selling Brentwood Tower Site

The City of Vancouver is currently selling a property at 4270 Dawson Street in the Brentwood Town Centre area of Burnaby.  The property, located at the Southwest corner of Dawson and Madison, is 2.67 acres and is currently occupied by Fedex.
4270 DawsonThe site previously had a rezoning application in 2004 for a 30-storey, 155 unit tower with 18 townhouses fronting both Madison and Dawson, with a total density of 1.58 FAR.
The City notice indicates that the invitation to offer is open until May 17, 2013.
April 17, 2013by david.taylor@colliers.com

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