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.

New Westminster learned of office tower decision after election.

The City of New Westminster learned that the Uptown Property Group was pulling out of the civic centre project nine day’s after last fall’s civic election.

Jim Lowrie, the city’s director of engineering, said the Uptown Property Group notified the city of its decision to withdraw from the project on Nov. 28, 2011.

Target announces B.C. store locations.

The U.S. Department store chain Target announced today it intends to open dozens of stores in Canada and 18 in B.C. by March or April of next year.

Target intends to announce additional locations over the next several months, the company said in a press release today. They include:

• Abbotsford – Abbotsford Power Centre

• Burnaby – Metropolis at Metrotown

• Chilliwack – Cottonwood Mall

• Coquitlam – Coquitlam Centre

• Delta – Scottsdale Mall

• Langley – Willowbrook Shopping Centre

• Maple Ridge – Haney Place Mall

• Surrey – Surrey Place/Central City

Read more: http://www.vancouversun.com/business/commercial-real-estate/Target+announces+store+locations/6679559/story.html#ixzz1vuyAKbR7