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

Construction Update: 745 Thurlow

September 19, 2014by david.taylor@colliers.com
Apartment, Investment

Metrotown Apartment Building/Site, Sold

A walk-up apartment building in Metrotown has sold for $10,400,000, or $216,667 per unit. The building is located on a 32,500 SF site at 6425 Silver Avenue, just south of a number of large-scale developments on Beresford Street. The zoning for the property is RM-3 and it is not known if the OCP will permit a higher density when the new Metrotown Area Plan is released. The buyer was a local investor.

6425 Silver_Aerial

September 17, 2014by david.taylor@colliers.com
Development

39-unit Building Planned for Marine Drive in North Vancouver

Imani Developments is planning a new project at Marine Drive and Tatlow Avenue in North Vancouver. The proposed building is a 4-storey mixed-use building with 39 condo units above 3 retail units (6,508 SF). The 23,445 SF site is zoned C-9 and is designated for an approximate density of 1.79 FSR.

Imani Marine

 

September 15, 2014by david.taylor@colliers.com
Development

FOR SALE: Port Moody Development Site

1865-1895 Charles Street_BRO1865-1895 Charles Street Brochure

September 11, 2014by david.taylor@colliers.com
Development

Market Spotlight: Main and Union

By ChangingCity

Main & Union

This isn’t a rezoning proposal yet, but no doubt something like it will appear as a proposal soon. It’s for a site that’s one of very few where the Downtown Eastside Plan allows the possibility of 150 feet tall buildings. On the corner between V6A and Ginger, Studio One Architecture have posted a picture of a building that has a cornice at a similar height to those buildings, and a taller element set back from that cornice.

Currently there’s a tired hostel that’s supposed to be a Single Room Occupancy hotel, a former vegetarian restaurant that still retains a yoga studio, the Brickhouse club (which is seldom if ever open these days) and the virtual reality version of history represented by the Jimi Hendrix shrine (as there’s no actual direct connection between Jimi and the shrine’s location, which started life as a cab stand and was later a storage room for a now-demolished restaurant).

…read more

Source:: Changing City Updates

September 9, 2014by 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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globeandmail The Globe and Mail @globeandmail ·
16 Apr

First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

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gravitasmsn MN @gravitasmsn ·
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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northshorenews North Shore News @northshorenews ·
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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