Tower moves towards approval. Polygon’s 33-storey, 253 unit tower at Dow and Beresford in Metrotown.
Colliers has acted on behalf of the Vendor in the sale of 3880 Oak Street, a 6,177 sq ft strip retail centre at Oak and West 23rd in Vancouver. The property is fully leased to Rackets & Runners, Subway and several local tenants. The centre is zoned C-2 and has long-term redevelopment potential. The purchase price was $4,686,000, or $759 per SF.
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PCI Group, which has undertaken several successful mixed-use developments including Crossroads, and the currently under development Marine Gateway, have acquired the former Canadian Tire site at 1460 East Hastings Street at McLean Drive in East Vancouver.
The current zoning is MC-1 industrial; however, it is expected that PCI will propose to rezone the site for a mix of uses. Stay tuned for more information.
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
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
West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave
Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor
