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Investment, Retail

1424 West Broadway Sells in $19.8MM Deal

1424 West Broadway, more commonly known as the Joeys Broadway, has sold for $19,800,000 to the Value Group. The 15,265 SF C-3A zoned site was previously sold in 2014 for $14,300,000. Joeys lease expires in 2019, though there is no word on redevelopment plans for the property.

The property had been listed for sale by Colliers in late 2015, and received multiple offers. The adjacent property at 1448 West Broadway was also listed for sale.

1424WBroadwayVanApr14 (6)

March 15, 2016by david.taylor@colliers.com
Development

SOLD: 1745 West 8th Avenue

Colliers has completed the sale of 1745 West 8th Avenue, Vancouver; a 55,550 SF C-3A zoned property in the South Granville area. The property has been acquired by Delta Land Development.

1745 West 8th Avenue

March 3, 2016by david.taylor@colliers.com
Development, Investment, Retail

Burrard & West 3rd Site Sells in $15MM Deal

A strip retail centre at Burrard Street and West 3rd Avenue in the Kitsilano area of Vancouver has sold for $15,000,000, which equates to $414 per buildable SF. The site is zoned C-3A and is 12,076 SF. Existing tenants in the property include Starbucks and Allwest Insurance. There is no information available at this time about any future redevelopment plans.

1855 Burrard

February 18, 2016by david.taylor@colliers.com
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