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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For Sale, Land

Sightline Properties Acquires 24 Lot Assembly at Broadway & Renfrew

Sightline Properties has acquired an assembly of 24 single family lots in East Vancouver comprising two city blocks between East Broadway and East 10th Avenue at Kaslo Street.

The properties are located in a high-density residential subarea of the Rupert and Renfrew Station Area Plan, which is in the final stages of public consultation before an expected council adoption of Summer 2025.

The total combined acquisition price for the 24 lots is $91,700,000, or an average of approx. $3,800,000 per lot.

March 20, 2025by david.taylor@colliers.com
For Sale, Office

East Van Office Building Sells for $10.5 Million

A vacant 15,000 SF, two-storey office building at 1285 Franklin Street in East Vancouver has sold for $10,550,000, or $695 per SF. The purchaser is Freedom Mobile Inc.

The building, located half a block West of Clark Drive, had previously been listed for sale for $11,000,000. It is fully furnished with high quality improvements. The lot size is 15,762 SF.

Jones Lang Lasalle acted as agent in the sale.

March 20, 2025by david.taylor@colliers.com
Apartment, For Sale

West End Concrete Apartment Building Sold in $28 Million Deal

A concrete apartment building in the West End has sold for $27,700,000 to Partap Mehta, a local investor.

Greatview Manor is a 9-storey, 66-unit building located at 1280 Haro Street.

Price per unit: $419,700
Cap rate: 2.86%

1280 Haro Street Vancouver-20

The property was listed and sold by Marcus & Millichap.

A post shared by McEvay Blair Multifamily Group (@mbmultifamily)

March 20, 2025by 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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