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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For Sale, Office, Retail

FOR SALE: New Westminster Retail & Office Building

I am pleased to bring to market this two-storey retail and office building in the desirable Uptown area of New Westminster. 7,280 SF building on a 8,712 SF site. Two restaurant tenants on the main floor and mostly vacant office space upstairs. Clean environmental. Asking $3,750,000, $515/SF.

For further details: https://www.collierscanada.com/en-ca/properties/for-sale-by-court-order-high-exposure-retail-office-property-in-uptown-area-of-new-westminster/can-416-sixth-street-new-westminster-bc/can2020382

April 16, 2026by david.taylor@colliers.com
For Sale, Land, Rental

FOR SALE: Approved North Vancouver Woodframe Rental Development Site

We are pleased to offer this rare opportunity to acquire a 100% market rental development site in the highly desirable Lynn Valley neighbourhood. The 16,850 SF corner property (189 ft x 120 ft) has a DP approved for a 6-storey building with 48,950 SF of gross density (2.88 FSR), accommodating 66 market rental units.

Click here for further details: https://www.collierscanada.com/en-ca/properties/for-sale-rezoning-dp-approved-6-storey-woodframe-100-market-rental-in-lynn-valley/can-1149-1155-lynn-valley-road-north-vancouver-bc/can2020284

April 2, 2026by david.taylor@colliers.com
For Sale

FOR SALE: Church/Daycare Property in Burnaby

Colliers is pleased to introduce for sale 5050 Hastings Street, a 2-storey church/daycare property located on a 12,000 SF lot in a highly accessible location on Hastings Street in Burnaby’s Hastings Heights area.

For more information: https://www.collierscanada.com/en-ca/properties/for-sale-rare-church-property-in-convenient-location-in-burnaby/can-5050-hastings-street-burnaby/can2020111

March 8, 2026by david.taylor@colliers.com
Apartment, For Sale

Marpole Apartment Building Sells for 5.0% Cap

A 17-Unit apartment building located on Granville Street at West 71st Avenue has sold. The 1956 walkup apartment building is located on a 9,583 SF site.

The property allows future redevelopment up to 6-storeys in the Marpole Community Plan.

Sale details:

  • Purchase Price: $7,650,000
  • 5.0% cap rate
  • $450,000 per unit
  • 8 one-beds, 6 two-beds, 3 three-beds

The building was listed and sold by Goodman Commercial.

January 20, 2026by david.taylor@colliers.com
For Sale, Retail

Langley City Streetfront Commercial Building Sells in $6.25M Deal

A multi-tenant streetfront commercial building known as Langley Business Plaza has sold. The property, at 20644 Fraser Highway, is leased to Pharmasave and a number of local businesses.

The 11,500 SF building was built in 1989 and is located on a 20,100 SF site and includes 23 surface parking stalls.

Sale details:

  • $6,250,000
  • $543 per SF
January 20, 2026by 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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16 Apr

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

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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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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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