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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Apartment, For Sale

East Van Apartment Building Sells for $328k per Unit

A 23-unit walkup apartment building in the Mount Pleasant area of East Vancouver has sold. The 1968 era building had been listed for sale for $7,500,000 by Mark Goodman.

Details:

  • Purchase Price: $7,550,000
  • Price per Unit: $328,261
  • Cap Rate: 4.0%
  • Site Area: 12,064 SF

November 20, 2025by david.taylor@colliers.com
For Sale, Retail

West Broadway Streetfront Retail Sells for $1,300/SF

70 ft. of streetfront retail on West Broadway has sold in a $5 Million deal. 2865 and 2871 West Broadway are two side-by-side, mid-block streetfront retail properties on the North side of Broadway, West of Macdonald Street.

The two buildings have a combined building area of 3,836 SF and a site area of 8,024 SF.

The properties had been listed for sale separately with a combined price of $5,506,000.

November 7, 2025by david.taylor@colliers.com
For Sale, Office, Retail

Arbutus Street Office Building Sells for $5.4M

A 2-storey office building at 3066 Arbutus Street has sold to an owner-user. The 1978-era building is located on a 6,930 SF lot at the Northeast corner of Arbutus & West 15th Avenue on the Westside of Vancouver.

Details:

  • Building Size: 6,311 SF
  • Sale Price: $5,412,750
  • Price/SF: $858

The 2nd floor of the building was vacant, with the ground floor leased to Luxmore Realty until 2027.

The property had been listed for sale for $6,800,000 by Jones Lang Lasalle.

October 31, 2025by david.taylor@colliers.com
For Sale, Retail

Cambie Street Retail Building Sells for 5.6% Cap Rate

The Vij’s Restaurant property on Cambie Street has sold. The single tenant retail property had been on the market for several months and sold to a local investor.

Details:

  • Single tenant: Vij’s
  • Triple net lease
  • Lease expiry 2030 w/renewal options
  • 6,879 SF rentable
  • 4,937 SF site
  • $7,450,000
  • 5.60% cap rate
  • $1,083/SF

The building was listed and sold by Brett Aura of TRG. The original asking price was $7,988,000.

October 20, 2025by david.taylor@colliers.com
For Sale, Office

Surrey Medical Office Building Sells in $13 Million Deal

A 3-storey medical office building known as Fleetwood Professsional Centre has sold. The property is located at 16088 84th Avenue in the Fleetwood area of Surrey.

Details:

  • 28,074 SF
  • Year Built: 1994
  • 84 surface parking spaces
  • Price: $13,000,000
  • $463/SF

The property was sold by Nicholas Westlake of CBRE.

October 20, 2025by 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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