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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Investment, Retail

Tom Lee Music Building Sells in $38MM Deal

Bonnis Properties has acquired 929 Granville Street in deal for $38,250,000. The property, officially named the Wilson Block, but more widely recognized as the “Tom Lee Music” Building on the Granville Strip is a 5-storey heritage building originally built in 1927.

The 41,000 SF building sits on a 14,985 SF site just South of the prime retail area of Granville and Robson. It is on the heritage register as a “C”.

The building was taken over by Tom Lee in 1989 and the interior substantially redesigned for the music store and head office for the company.

929 granville

April 6, 2016by david.taylor@colliers.com

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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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