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, Office

6-Storey Office & Light Industrial Building Planned for Mount Pleasant Site

PC Urban has applied to the City of Vancouver for permission to develop a new 6-storey at 2410 Columbia Street in Mount Pleasant.

The site is located at the southeast corner of Columbia Street and West 8th Avenue with a total site
size of 12,144 SF. The corner site fronts on to Columbia Street to the West, W. 8th Avenue to the North; the Milano coffee building shares an interior property line on the eastern side of the site.

The proposal for the site is a mixed-use commercial building with Industrial on level 1 to 2 and Office on level 3 to 6, with:

  • A building height of 100.0 ft.;
  • A density of 4.50 FSR (gross buildable of 54,591 SF);
  • Two levels of underground parking providing 53 parking spaces having vehicular access from the lane.

Under the site’s existing I-1 zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.

The architect for the project is MCMP Architects.

January 10, 2024by 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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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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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

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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