TPMG Capital has acquired 2695 Granville Street, a 7-storey office building located at the Northwest corner of Granville and West 11th Avenue.
The 27,812 SF concrete office building was built in 1965 and sits on a 54 x 120′ C-3A zoned lot.
At the $28,600,000 price equates to $1,028 per SF of building area including ground floor retail.
The building had most recently been listed for sale for $29,900,000 following an initial asking price of $36,000,000 in early 2020.
A rezoning application has been submitted for a site at 2735 E 41st Avenue in East Vancouver. The 14,382 SF C-1 zoned site is currently occupied by an older lowrise commercial building occupied by G&F Financial Group.
The proposal is to allow for the development of a 5-storey mixed use rental building under the Rental 100 policy. The proposal includes:
The application is being considered under the Secured Market Rental (Rental 100) Policy.
The architect for the project is Barnett Dembek Architects Inc.
A rezoning application has been submitted by Chard Development for a site at 750 SW Marine Drive, a block and a half West of Cambie Street. The I-2 zoned site is 18,100 SF in size and occupied by lowrise commercial buildings with tenants including Once a Tree Furniture.
The proposal is to allow for the development of an 8-storey building that includes office, light industrial and at-grade retail uses. The proposal includes:
The application is being considered under the Marpole Community Plan and the Employment Lands & Economy Review Phase 2 Report.
The architect for the project is Proscenium Architecture & Interiors Inc.