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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Development, Retail

OpenRoad Planning New 16-Acre Automall in Surrey

OpenRoad Auto Group has submitted an application to the City of Surrey for a new auto mall in the Newton area of Surrey.

The site currently contains a large distribution warehouse and surface parking and loading areas. Significant portions of the site have been cleared but not yet developed. The site is located on 76 Avenue, two blocks West of King George Boulevard.

The plan for the site includes a new auto mall, including:

  • Six bare-land strata lots;
  • Five dealership buildings and one retail building;
  • 1,044 parking stalls
  • 0.24 FAR density

Full rezoning report: https://www.surrey.ca/sites/default/files/planning-reports/PLR_7925-0301-00.pdf

November 28, 2025by david.taylor@colliers.com
Retail

East Van Bank/Retail Property Sells

A streetfront retail property at 2477-2497 East Hastings Street has sold.

The property is located at the Northwest corner of Hastings and Kamloops in East Vancouver. It is zoned C-2C and located on a 10,591 SF site. The building’s three tenants include TD Bank, It’s Okay Restaurant and Rio Friendly Meats.

Details:

  • Price: $5,625,000
  • Building Size: 5,348
  • $/SF: $1,052

The asking price for the property was $5,980,000. The property was jointly listed with CBRE and Brett Aura of TRG Realty.

November 18, 2025by david.taylor@colliers.com
Apartment, Retail

Oak Street Retail & Apartment Building Sells in $12.7M Deal

A 4-storey property at the Northeast corner of West 16th Avenue and Oak Street has sold.

3108 Oak Street is zoned C2-zoned but is also designated in the Broadway Plan for up to 18-storeys.

Property and sale details:

  • Lot size: 15,116 SF
  • Building size: 49,000 SF
  • 9 commercial units
  • 25 residential units
  • Sale price: $12,700,000 ($259/sf building, $140/buildable SF @ 6.0 FSR)

The asking price for the property was $15,000,000. The building was listed and sold by Brett Aura of TRG Realty.

November 18, 2025by david.taylor@colliers.com
For Sale, Retail

West Broadway Streetfront Retail Sells for $1,300/SF

70 ft. of streetfront retail on West Broadway has sold in a $5 Million deal. 2865 and 2871 West Broadway are two side-by-side, mid-block streetfront retail properties on the North side of Broadway, West of Macdonald Street.

The two buildings have a combined building area of 3,836 SF and a site area of 8,024 SF.

The properties had been listed for sale separately with a combined price of $5,506,000.

November 7, 2025by david.taylor@colliers.com
Apartment, Development, Retail

Edgemont Village Chevron Site Proposed for 4-Storey Development

Kevington Building Corp. has submitted a rezoning application for the Chevron site at 3150 Edgemont Boulevard in the Edgemont Village area of North Vancouver.

The 12,000 SF site was acquired by Kevington for $5,900,000 as part of a portfolio of gas stations sold by Parkland Corporation, through Colliers, in 2024.

The preliminary plan for the site includes a 4-storey building with:

  • 33 residential units;
  • 6,400 SF of commercial space;
  • an underground parkade with 39 stalls.
  • a total density of 3.29 FAR.
November 7, 2025by david.taylor@colliers.com
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David Taylor Personal Real Estate Corporation

Colliers International

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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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