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.
Apartment, Investment

West End Apartment Building, Sold

The Inverness Apartments located at 1325 Pendrell Street in the West End has sold for $5,170,000, or $246,224 per unit. The two-storey,  21-unit heritage style building was listed for sale back in May for $5,275,000, or a 3.5% cap rate.

1325 Pendrell

 

July 24, 2014by david.taylor@colliers.com
Development

Construction Update: Trump Tower

July 24, 2014by 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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16 Apr

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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