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 Proposes Redevelopment of Metrotown Property

Sears Canada is proposing a multi-phased, mixed-use development on their Metrotown property, located on the South side of Kingsway at Nelson Avenue, next to Metropolis, consisting of a new “flagship” department store, and high-rise residential and commercial towers above commercial-retail podiums.

The 8.9 acre site is highly integrated with the adjacent Metropolis at Metrotown shopping centre, but is situated on a separate legal parcel under ownership (Sears Canada) that is different from the Metropolis at Metrotown site (Ivanhoe Cambridge).

Sears

More information can be found HERE.
May 27, 2013by 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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