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: The Amazing Brentwood

Here is a great update video from Shape Properties highlighting the construction progress at The Amazing Brentwood:

January 13, 2017by david.taylor@colliers.com
Development

8-Storey Condo Building Planned for 67th & Oak in Marpole

Coromandel Properties (formerly CM Bay Properties) has submitted an application to rezone an 18,274 SF site they own at the Northeast corner of Oak Street and West 67th Avenue in Marpole.

The vacant site is a former Esso Station that was sold by Imperial Oil through a market bid process. The sale closed in March 2016 for $8,350,000, or $151 per buildable SF based upon the anticipated rezoning described herein.

The proposal for a new development is for an 8-storey, mixed-use building that includes:

  • a total of 50 condo units;
  • 23 one-bedrooms, 20 two-bedrooms, 7 three-bedrooms
  • 3,172 SF of retail area at grade;
  • 4,700 SF of office space on the 2nd floor;
  • a building height of 99 ft.;
  • a density of 3.0 FSR;
  • 104 parking spaces and 67 bicycle parking spaces;
  • a public plaza

8242 Oak_28242 Oak_3 8242 Oak_1 8242 OakThe application is being considered under the Marpole Community Plan, which was adopted by the City of Vancouver in 2014.

The architect for the project is IBI Group.

January 13, 2017by 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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northshorenews North Shore News @northshorenews ·
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

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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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