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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FOR SALE: 1070 Barclay Street, Vancouver

1070 Barclay_11070 Barclay_2Contact us for further info.

August 12, 2015by david.taylor@colliers.com
Development

2-Acre Richmond Development Site Sells

A two acre property in Richmond’s City Centre area has sold for $24,550,000. The site, at 7100 Elmbridge Way, is currently occupied by industrial buildings, but is designated within the City of Richmond’s City Centre Area Plan for Urban Core T6 in the Landsdowne Village sub-area. This designation allows for redevelopment for mixed-use including residential up to 2.0 FAR.

The buyer was Xpec Development. Xpec has other projects on the go in Vancouver including sites on Fraser Street and Oak Street.

BIV - 7100 Elmbridge marked aerial - no callouts

August 12, 2015by david.taylor@colliers.com

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