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

101-unit Building Proposed for Royal Oak Area

Thind Developments has applied to the City of Burnaby for rezoning of 6205-6255 Kingsway to allow a 4-storey mixed-use development with full underground parking. The site is currently occupied by a strip retail centre and the Intercity Motel. The total site area is 45,307 SF, and the zoning designation is C-9. The project includes:

  • Total density of 2.2 FAR
  • 101 units
  • 187 parking spaces

6205-6255 KingswayThe property was assembled in 2012-2013 for a total of $5,730,000, or $57 per buildable SF.

August 28, 2014by 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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