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.
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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Investment, Office

Metrotown Office Building Sold in $27.2 Million Deal

Marloborough Court, a 5-storey office building located at Marlborough Avenue and Kingsway in Burnaby, has been sold to a local private investor.

5021 Kingsway

The building is adjacent to Metropolis at Metrotown mall, is an 83,000 square foot, five storey office complex offering large floor plates. The purchase price was $27,200,000, or $326 per SF.

The building is located on a fairly large site, totaling 36,500 SF. The site is designated commercial within the existing Metrotown Plan.

June 2, 2014by david.taylor@colliers.com
Investment, Office

SOLD: 2445 Hemlock Street

I am pleased to announce the sale of 2445 Hemlock Street. Colliers worked on behalf of the Vendor to generate multiple offers. The property sold to a user group that intends on occupying a portion of the building. The purchase price was $4,000,000.

Exterior

Exterior

May 7, 2014by david.taylor@colliers.com
Development, Office

Construction Update: 745 Thurlow

IMG_1300

Taken April 30, 2014 by 604 City

May 1, 2014by david.taylor@colliers.com
Development, Office

Construction Update: Telus Garden Office Tower

IMG_1023

by 604 City

April 14, 2014by david.taylor@colliers.com
Development, Office

Construction Update: Telus Garden

The office building is now topped out.

IMG_0993

Photo taken April 8, 2014 by 604 City.

April 9, 2014by david.taylor@colliers.com
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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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