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, Investment

FOR SALE: 88-Unit Multifamily Investment Opportunity

Cranberry Lane_BROCranberry Lane Brochure

April 13, 2015by david.taylor@colliers.com
Apartment, Development

Rental Building Proposed for Commercial Drive

A rezoning application has been submitted for a 33,730 SF site at the Northwest corner of Commercial Drive and East 18th Avenue in East Vancouver. The rezoning is seeking to create 3365 Commercial Drive and 1695-1775 East 18th Avenue from RS-2 (Single Family Dwelling) District to CD-1 (Comprehensive Development) District.  The rezoning will create two separate buildings, as follows:

  • A heritage designated house (relocated from another portion of the site) with:
    • 5 three-bedroom market units
    • A total density of 1.12 FSR
  • A new rental building on the balance of the site, which contains:
    • 112 secured market rental units (25 studios, 45 1-bedroom, 32 two-bedroom, and 10 three-bedroom);
    • 2.85 FSR
    • 64 underground parking spaces and 144 bicycle spaces.

This application is being considered under the Interim Rezoning Policy for Increasing Affordable Housing Choices and the Herit3365 Commercialage Policies and Guidelines.

3365 Commercial Dr 3365 Commercial Dr_2

March 25, 2015by david.taylor@colliers.com
Apartment, Development

Rental Apartment Building Planned for Norquay Village Area

A rezoning application has been submitted for a 12,011 SF site in the Norquay Village area of East Vancouver. The site consists of three single family lots located at 2312-2328 Galt Street. It is currently zoned RS-1 single family and is being proposed for a 4-storey apartment building. It is located in an area of the Norquay Village Plan that is considered an apartment transition area. The proposal includes:

    • 28 secured market rental units;
    • a density of 2.25 FSR
    • a building height of 41.5 ft.
    • 24 underground parking spaces.

This application is being considered under the Norquay Village Apartment Transition Area Rezoning Policy and the Secured Market Rental Housing (Rental 100) Program.

2312 Galt 2312 Galt_2

March 4, 2015by david.taylor@colliers.com
Apartment, Investment

FOR SALE: 16-Unit Kitsilano Apartment Building

1609 Cypress_Front1609 Cypress Brochure

February 10, 2015by david.taylor@colliers.com
Apartment, Development

Westbank Takes Over West End Rental Tower Project

Westbank Corp. has taken over a proposed rental tower site in the West End. The site, located at 1754-1772 Pendrell Street, was originally proposed for a rezoning back in 2010 for a market condo project by DTKH with some rental units. The newly revised application by Westbank includes:

  • A 21 storey tower, with a maximum height of 190 ft
  • 171 rental units, including 43 studios, 51 One-Bedroom, 72 Two-Bedroom, and 3 Three-Bedroom units
  • A density of 6.55 FSR

1754 Pendrell_21754 Pendrell

Westbank has recently recieved occupancy on their other new West End rental tower, The Lauren, also designed by Henriquez.

February 4, 2015by david.taylor@colliers.com
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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

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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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