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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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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Market Research, Office, Retail

SpaceList Launches Marketplace for Office, Retail and Warehouse Space

After months of expansion in the British Columbia market, SpaceList launched its commercial real estate listing platform across Canada this week.

Based in Vancouver, SpaceList is now available in cities such as Toronto, Ottawa, Winnipeg, Calgary, Edmonton and Montreal. Finally, commercial real estate listings will be aggregated in a single place, making it easier for businesses to find a new location. In the past, those looking for space had to search through dozens of different websites, each displaying different information in different formats.

SpaceList has solved this problem by building the MLS for commercial real estate. With over 60 Million square feet of available space for rent across Canada, businesses and individuals can see more options in one place than ever before. Landlords and brokers can add their listings in minutes, and as a result, hundreds of new spaces are added each week.

Read more: http://www.newswire.ca/en/story/1118859/spacelist-launches-marketplace-for-office-retail-and-warehouse-space

February 22, 2013by david.taylor@colliers.com
Development

Proposal Years Ahead of a (Possible) Station

The Tri-City News – Proposal years ahead of a (possible) station.

A company wanting to build a mid-rise housing complex near a future Evergreen Line station in Coquitlam may be offering a development that’s too small — and too soon.

Epix Developments is proposing to construct a six-storey building with 80 apartments and ground-floor commercial space at Falcon and Runnel drives on a vacant lot about 800 m from the Ioco station in Port Moody and two blocks north of a potential future Falcon Drive station.

Epix spokesperson Brad Marko told Coquitlam’s council-in-committee on Monday his company is also working with OK Tire to include its adjacent Falcon Drive property.

Read more: http://www.tricitynews.com/news/191895921.html

February 21, 2013by david.taylor@colliers.com
Development

Sold – 563-571 West King Edward Avenue

Pages from 563-571 West King Ed Sold

February 20, 2013by david.taylor@colliers.com
Development

New Proposal Floated for Bayview Lot

Richmond Review – New proposal floated for Bayview lot.

A new development plan is being floated for a site kitty-corner to Steveston’s fishing fleet.

Once home to Towns Netting and Marine Supplies, 3531 Bayview St. could soon be the site of a three-storey mixed-use building.

3531 Bayview St

3531 Bayview St

On Tuesday city council’s planning committee considered a rezoning proposal to allow for ground-floor retail and six homes over a partially in-ground parking structure.

Read more: http://www.richmondreview.com/news/191920631.html

February 20, 2013by david.taylor@colliers.com
Development

Strip Mall Could Give Way to Richmond’s Tallest Towers

Richmond Review – Strip mall could give way to city’s tallest towers.

A No. 3 Road strip mall known as Time Square could become the site of Richmond’s tallest buildings.

Towers in City Centre can be built to a maximum of 47 metres (150 feet), but Townline Homes is mulling a project whose buildings would exceed that limit.

City staff are now urging council to approve a study of higher buildings—something envisioned in the new Official Community Plan. Any increase, however, requires the backing of the Vancouver Airport Authority and Transport Canada, which also must study the idea.

6560-6700 No. 3 Road

6560-6700 No. 3 Road

“The federal study would determine if and where an increase may occur, and the safety implications for the airport and city. If Transport Canada allows an increase, it is the city who would determine how high the increase would be,” noted Terry Crowe, the city’s manager of policy planning.

Read more: http://www.richmondreview.com/news/191920261.html

February 20, 2013by david.taylor@colliers.com
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First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

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First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while

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West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave

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Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor

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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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