Burnaby NewsLeader – Nokia to close Burnaby R&D facility.
Finnish cellphone company Nokia plans to close its Burnaby research and development facility.
It’s part of plans announced Thursday to cut up to 10,000 jobs around the world by the end of 2013.
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.
2210 Commercial Drive traded on June 4, 2012 and was purchased by a private investor for $386 per square foot.
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.
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).