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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Apartment, Investment

Bosa Acquires Pacific Point in $79M Deal

Bosa Development has acquired Pacific Point, a 227-unit strata building located at 1323 Homer Street, at Pacific Street in Downtown Vancouver. The 20 year old project includes two phases over a common podium and is stratified but has been operated as a rental building since completion. It includes 11 commercial units on the ground floor. The building had been listed for sale by the Vendor, Concert Properties. The price per unit is approximately $350,000.

June 13, 2012by david.taylor@colliers.com
Investment, Retail

2210 Commercial Drive Sold

2210 Commercial Drive traded on June 4, 2012 and was purchased by a private investor for $386 per square foot.

June 13, 2012by david.taylor@colliers.com
Office

1493 Johnston Road, White Rock Sold

A 3-storey office and retail building located on Johnston Road in downtown White Rock has sold for $3,650,000. The building totals 10,550 SF, equating to $350 / SF, and is anchored by HSBC, who has a total of approximately 4,000 SF. The site area totals 8,520 SF. The property had been listed for sale by Dean Baumann of RE/Max at $3,995,000. Click here for a brochure.

June 6, 2012by david.taylor@colliers.com
Office

1445 West Georgia Street Listed For Sale

Morgan Dyer and Simon Lim of Colliers has listed for sale 1445 West Georgia Street, a 6-storey, 39,620 SF office building in Coal Harbour.  The property is 10,800 sq ft in size and is situated mid-block on West Georgia Street between Nicola and Broughton Streets.  This represents an excellent redevelopment opportunity with potential to develop with residential to a density of 6.0 FSR (or higher with rezoning).

Brochure

June 4, 2012by david.taylor@colliers.com
Office

The Daily Province Building – 198 West Hastings Street Sold

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

June 1, 2012by 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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