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

More Highrises for Metrotown

More highrises for Metrotown.

Three three-story apartment buildings in the Metrotown area could be demolished to make way for two highrises.

The first is an application from Concord Pacific for a multi-family highrise with a townhouse component at 6550 Nelson Ave.

A few blocks west of Metropolis at Metrotown and Station Square, another developer is proposing a replacement of two older three-storey rental apartment buildings at 6225 and 6255 Cassie Ave. with a highrise tower.

Read more: http://www.burnabynow.com/business/More+highrises+Metrotown/7092315/story.html#ixzz23icdo3D0
August 16, 2012by david.taylor@colliers.com
Development

Plan to Create ‘New Heart in Edmonds’ Launched

Burnaby NewsLeader – Plan to create ‘new heart in Edmonds’ launched.

A development “to create a new heart to Edmonds Town Centre” is being proposed for the Value Village property at Kingsway and Edmonds.

Cressey Developments has applied to the City of Burnaby to have the large, triangular property rezoned so it can build a project that contains office, residential and commercial space.

Read more: http://www.burnabynewsleader.com/news/164456536.html

August 7, 2012by david.taylor@colliers.com
Investment, Office

Bosa Development Acquires Sperling Plaza

Bosa Development has purchased Sperling Plaza, a 4-storey office complex located near Highway 1 and Canada Way in Burnaby. The 130,000 sq ft complex is located on a 3.3 acre site. The purchase price was $33,300,000.

July 12, 2012by david.taylor@colliers.com
Development

Reflections in Edmonds Nears Sellout

Ledingham McAllister’s Reflections highrise condo project in the Edmonds area of South Burnaby completed construction in Spring 2012, and has now sold 210 of the 218 available units at an overall average of approx. $490 per sq ft. The project began selling in mid-2010.

Ledingham McAllister is expected to introduce more residential units in the area with the redevelopment of Safeway’s distribution site. The project is expected to take at least a year or more to go through the rezoning process before development occurs.

June 28, 2012by david.taylor@colliers.com
Development

Solo Set to Transform Burnaby’s Brentwood Corner

Burnaby NewsLeader – Solo set to transform Burnaby’s Brentwood corner.

As a Burnaby boy, Jim Bosa has passed by the southwest corner of Lougheed Highway and Willingdon Avenue thousands of times.

“I just saw the potential of what we could have down here,” said Bosa, now president of Appia Developments.

Read more: http://www.burnabynewsleader.com/news/159772495.html

June 23, 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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