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

Construction Update: 1320 Richards Street

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

SOLD: RM-9 Zoned Development Site in Marpole

I am pleased to announce the sale of a six-lot assembly on Yukon Street and West 63rd Avenue in Vancouver’s emerging Marpole neighbourhood to Marcon Homes. This 34,600 SF site represents one of the best and largest opportunities to develop within existing zoning in an established and mature residential neighbourhood near transit.

7900 Yukon_SOLD

 

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

Another (Yes, Another) Cambie Development Proposal

Things aren’t slowing down along the Cambie Corridor, another rezoning application is in the works; this one near King Edward and Cambie.

Mission Group has applied to the City of Vancouver to rezone a site 467-495 West King Edward Avenue from RS-1 to CD-1 to allow a 6-storey residential building and two 2-storey buildings with townhouse units at the rear, including:

      • a total of 61 dwelling units;
      • a density of 2.37 FSR;
      • a maximum building height of 70 ft.;
      • 66 underground parking spaces; and
      • 85 bicycle parking spaces.

467 King Ed 467-2More info can be found here.

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

48-unit Building Planned for Cambie Near 37th

An application has been made by an unnamed developer through GBL Architects to rezone a two-lot, 18,976 SF site at 5355-5387 Cambie Street to allow a 6-storey residential building and a 2-storey building with townhouse units at the rear, including:

    • a total of 48 residential units;
    • a density of 2.49 FSR;
    • a height of 71 ft;
    • 51 underground parking spaces; and
    • 60 bicycle spaces.

5355 Cambie_1

5355_2

The buyer had assembled these two adjacent lots in May 2014 for $6,300,000, or $133 per buildable SF . The corner lot on W 37th Ave (526 Cambie Street) is 68’ wide and contains a single family dwelling. Despite the efforts, the developer was not able to secure this corner property. GBL’s drawings demonstrate that this lot is developable, on its own, under the Cambie Corridor guidanceachieving 6 storeys and 2.6 FSR.
November 5, 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 acquired by Choice Properties and KingSett for $5.2-billion

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gravitasmsn MN @gravitasmsn ·
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

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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