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For Sale, Office, Retail

NEW PRICE: Port Coquitlam Retail Property

We are pleased to re-introduce Westwood Square, an 18,000 SF retail and office property located on Westwood Street in Port Coquitlam. The asking price has been reduced from $9,800,000 to $7,850,000, representing a 5.5% cap on stabilized income.

Please click here, contact us for further information or to access the data room.

July 14, 2025by david.taylor@colliers.com
Investment, Retail

Freestanding CIBC Bank Building in Richmond Sells in $7.4M Deal

A freestanding CIBC on No. 5 Road in the Ironwood area of south Richmond has sold for $7,398,000, or $1,468 per SF.

Property Details:

  • Type: Single Tenant Retail
  • Tenant: CIBC
  • Lease Expiry: 2029 (3 x 5yr options)
  • Building Size: 5,041 SF
  • Lot Area: 20,021 SF
  • Year Built: 2014
  • Cap Rate: 3.9%

The property includes 23 parking stalls and a drive thru ATM. It had been listed for $7,850,000.

The property was listed and sold by Allon Shapiro and Angus Tone of CBRE.

July 14, 2025by 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.

vancouvermrkt
vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

4

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vancouvermrkt Vancouver Market @vancouvermrkt ·
23 Jan

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