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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Development

SOLD: 568-584 West 24th Avenue

We are pleased to announce the sale of this five-lot, 21,500 SF townhouse land assembly in the Cambie Corridor Phase 3 area. The lots will be pre-zoned for townhouse use this fall as the next stage of the Cambie Corridor Plan. Please contact us for further details!

SOLD BRO 568-592 West 24th Ave

 

 

August 2, 2018by david.taylor@colliers.com
Condo, Development

398 Lowrise Units Planned for Burquitlam Site

Strand Development has submitted a rezoning application fora 3.5 acre site comprised of 14 single family lots and a motel in the 700 Block of Clarke Road in the Burquitlam area of Coquitlam. The proposal calls to rezone from the existing single family and commercial zoning to RM-3 to allow a new condo development under the Burquitlam-Lougheed Neighbourhood Plan, in which the site is designated for Medium Density Multi-family residential.

The site was sold by Morgan Iannone and Casey Weeks of Colliers in 2017.

The proposed plan is for three 6-storey condo buildings that include:

  • 398 units;
  • 94 one-bedrooms, 246 two-bedrooms & 58 three-bedrooms;
  • a total density of 2.30 FAR;
  • 29,848 SF of amenity space;
  • 584 underground parking spaces on two levels.

The architect for the project is Rositch Hemphill Architects.

August 2, 2018by david.taylor@colliers.com

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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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