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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Apartment, Investment

FOR SALE: 16-Unit Kitsilano Apartment Building

1609 Cypress_Front1609 Cypress Brochure

February 10, 2015by david.taylor@colliers.com
Market Research

Market Snapshot: Westside/Downtown Condo Price Index

Vancouver West HPI_Feb 2015Source: REBGV Stats

February 6, 2015by david.taylor@colliers.com
Development

Construction Update: Trump Tower

Trump Tower is weeks away from topping out and is apparently over 70% sold.

February 6, 2015by david.taylor@colliers.com
Apartment, Development

Westbank Takes Over West End Rental Tower Project

Westbank Corp. has taken over a proposed rental tower site in the West End. The site, located at 1754-1772 Pendrell Street, was originally proposed for a rezoning back in 2010 for a market condo project by DTKH with some rental units. The newly revised application by Westbank includes:

  • A 21 storey tower, with a maximum height of 190 ft
  • 171 rental units, including 43 studios, 51 One-Bedroom, 72 Two-Bedroom, and 3 Three-Bedroom units
  • A density of 6.55 FSR

1754 Pendrell_21754 Pendrell

Westbank has recently recieved occupancy on their other new West End rental tower, The Lauren, also designed by Henriquez.

February 4, 2015by david.taylor@colliers.com
Market Research

MARKET POLL: Transit Referendum

The transit plebiscite is getting a lot of media coverage as the campaigns on both sides of the debate ramp-up. For those not familiar, a proposed 0.5% Metro Vancouver Congestion Tax is being proposed to fund the Mayor’s Council transportation plan, which includes a Broadway Rapid Transit Line, Surrey Rapid Transit Line, new Pattulo Bridge and new B-Line bus services. Mail-in ballots will be sent out beginning March 16, 2015 with voting until May 29, 2015. More information about the referendum and the transit plan is available here.

Which way are you leaning?

[poll id=”8″]

February 3, 2015by 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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