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Investment, Retail

2210 Commercial Drive Sold

2210 Commercial Drive traded on June 4, 2012 and was purchased by a private investor for $386 per square foot.

June 13, 2012by david.taylor@colliers.com
Development

North Van City Mulls how to Handle Amenity Contributions

North Van city mulls how to handle amenity contributions.

Today, it boasts little more than the shells of a furniture shop and Chinese restaurant, both long out of business. But, like many unused sites in the Lower Lonsdale neighbourhood, 127 E. Third St. has caught the eye of a developer.

BT Investments is proposing a seven-storey mixed-use development for the 125-foot-wide site. Last month, plans for the plot — which include 43 strata units ranging in size from studios to two-bedroom suites, four retail spaces and 18 market rental apartments, with a covenant that will bind them as rental units in perpetuity — went to a town hall meeting.

http://www.northshoreoutlook.com/news/158874405.html

June 13, 2012by david.taylor@colliers.com
Development

Concert Acquires Translink’s Southeast False Creek Site for $47,000,000

Concert Properties has closed on a three-acre site on Quebec Street at East 1st Avenue in the Southeast False Creek area of Vancouver for $47,000,000.

The site was listed for sale by Translink last year as part of the sale of several surplus properties  to generate funds for a revolving land account that the transit authority will use to acquire properties for development.

 

June 12, 2012by david.taylor@colliers.com
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