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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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

Stacked Townhome Project Planned for Marpole

The City’s first ever development application is being made under the new RM-9 zoning that was implemented by the Marpole Community Plan earlier this year.

Formwerks Architectural is proposing to construct one 3-storey and two 4-storey stacked townhome development with a total of 19 residential units above 27 underground parking spaces. The application is conditional under the RM-9 zoning. The site, located at 332-356 West 62nd Avenue is 15,746 SF in size and features courtyard townhomes and stacked townhomes with a 24 ft. courtyard in between.

344 West 62nd AVe

There will be a variety of 2-bedroom ground oriented units, with some 2 and 3-bedroom townhouse units ranging from 1,062 to 1,868 SF

August 5, 2014by david.taylor@colliers.com
Development, Office

Construction Update: 745 Thurlow Street

August 5, 2014by david.taylor@colliers.com
Development

Market Spotlight: 41 East Hastings Street

By ChangingCity

41 e hastingsThis Downtown Eastside rezoning project on East Hastings was first mentioned here at the end of 2012. The original rezoning version was designed by Perkins + Will for the Atira Development Society, with two floors of commercial space and twelve of residential above that. The housing mix was complex; there were 169 units with a mix of self-contained rental units; Housing Income Limits units and affordable home ownership units, some guaranteed as rental units for a minimum of 15 years. That’s the render of the first version below.

Now that the rezoning has been approved there’s a revised version submitted for a Development Permit with a new design by IBI Group. The deign has a more glazed appearance, and it now includes 198 units, still maintaining a mix of market and non-market housing over retail. It was given unanimous support by the Urban Design Panel.

It sits next door to the Lux, a BC Housing funded scheme completed in 2009 and designed by GBL. It will replace a modest 3 storey building, best known as the recent home of United We Can which has moved to the False Creek Flats.

…read more

Source: Changing City

August 5, 2014by david.taylor@colliers.com

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16 Apr

First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

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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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16 Apr

West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave

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9 Apr

Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor

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David Taylor Personal Real Estate Corporation

Colliers International

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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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