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

5-storey Building Proposed for Marine Drive Kia Site, North Vancouver

Darwin Construction is proposing a 5-storey building, inclusive of 9,160 SF of retail at grade with residential above at 745 Marine Drive in North Vancouver, currently home to a Kia dealership. The residential may be rental or strata, or a mix of both. The total density proposed is 2.3 FSR. The Kia dealership would then be relocated as part of the proposal to 843-855 West 1st Street in a brand new dealership building.

725 Marine-1

May 30, 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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