A three-storey office building located at East 1st and Lonsdale has sold for $6,400,000. The 18,000 SF building was built in 1949 and is located on a 9,007 SF site. The property’s 2015 assessment is $5,620,000. The ground floor is leased to Eternal Skin Care.
Exclusive:
Brookfield has flipped the Shangri-La Vancouver (now Hyatt) retail podium to Aquilini Group for $55 million. Brookfield bought the property last summer.
Full story:
https://howardchai.substack.com/p/shangri-la-vancouver-hyatt-retail-brookfield-aquilini
12-unit Gleneagles townhouse project proposed in West Vancouver
A new proposal has surfaced for the parking lot next to Waterfront Station.
The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.
Architect: James Cheng
Details: https://bit.ly/46aUB0W
