Colliers International is pleased to announce the sale of 198 West Hastings Street to a local private investor. Colliers represented the purchaser in this transaction which was a City of Vancouver administered tender process.

*Sold by Kelly Heed, Steve Fame & Casey Weeks

A two-storey warehouse/office building in the Southeast False Creek area has sold for a reported $5,950,000, or $240 per sq ft. The 24,799 sq ft building, zoned I-1, was built in 1965 and has potential for extensive renovation, addition, or conversion to office use. It had been listed for sale with Cushman Wakefield at $6,300,000.

411 Dunsmuir Street in Downtown Vancouver has sold. Known as the 411 Senior’s Centre for several years, the 4-storey building sold for $8,775,000, or about $266 per sq ft based on a total building area of 33,000 sq ft. The building will be undergoing minor renovations including to the exterior and street level space. The purchaser was a local group. As of last week, the Senior’s Centre Society had moved to 333 Terminal Avenue.