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

37-storey Central Park Tower Gets Green Light

37-storey Central Park tower gets green light.

A proposed 37-storey apartment tower, with three-storey townhouses, across from Central Park passed second reading at Monday night’s council meeting.

Residents in nearby buildings, including the Parkcrest on Patterson Avenue and The Metropolitan on Olive Avenue, are protesting the move.

Read more: http://www.burnabynow.com/storey+Central+Park+tower+gets+green+light/6810604/story.html#ixzz1yROHEmAa
June 22, 2012by david.taylor@colliers.com
Office

Nokia to Close Burnaby R&D Facility

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.

http://www.burnabynewsleader.com/news/159077585.html

June 15, 2012by david.taylor@colliers.com
Development

Legion up for Redevelopment

Legion up for redevelopment.

The building that houses Legion Branch No. 148 is up for redevelopment, and if it goes through, could still have room for the Heights Legion.

It was the only option for the beleaguered Legion, according to president Dave Taylor, which has suffered financially due to changes to B.C.’s smoking and drinking laws, and increasing property taxes.

Read more: http://www.burnabynow.com/business/Legion+redevelopment/6712578/story.html#ixzz1wpnlHvZN
June 4, 2012by david.taylor@colliers.com
Development

Dolphin Cinemas Building up for Redevelopment

Dolphin Cinemas building up for redevelopment.

The building that houses Burnaby’s popular Dolphin Cinemas is up for redevelopment.

The rezoning application for the development came before Burnaby council at Monday night’s meeting.

Read more: http://www.burnabynow.com/Dolphin+Cinemas+building+redevelopment/6696361/story.html#ixzz1wMZQQ0fd
May 30, 2012by david.taylor@colliers.com
Development

Crucial Burnaby Edmonds Site Sold to Developer

Burnaby NewsLeader – Crucial Burnaby Edmonds site sold to developer.

The Burnaby Value Village site at Kingsway and Edmonds Street has been sold to a developer, the latest step in the area’s revitalization.

Cressey Developments’ purchase of the three-acre property closed last week, confirmed Hani Lammam, Cressey’s vice-president of development.

Read more here: http://www.burnabynewsleader.com/news/153679735.html

May 25, 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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