Vancouver Commercial Real Estate A Vancouver Real Estate Blog

7Sep/100

Recent Sale: 1300 Richards St, Vancouver

Simon Lim and David Taylor have recently sold a property in Downtown Vancouver - 1300 Richards Street. The property is located on the Southeast corner of Drake and Richards in Yaletown. It is improved with a three-storey office building, and features a net leaseable are of 13,264sf. The list price for the property was $6,150,000 and the final selling price was $6,000,000.

Downloads:
1300 Richards Brochure

10Aug/100

Recent Sale: 1133-1155 Melville St, Vancouver

Avtar Bains, of Colliers International, has brokered the sale of the Office Building on 1133 & 1155 Melville Street in Downtown Vancouver. The 10-storey building totals 99,100 square feet and is partially stratafied with 14 live/work units. Floors two through five are parking. The final selling price of the property was $27,500,000, representing a price per square foot of $279.

7Jun/100

Recent Sale: 10310-10330 152nd St, Surrey

Simon Lim has recently brokered the sale of the Guildford Plaza, the large shopping plaza across the street from Guildford Town Centre at 10310-10330 152nd Street in Surrey. The property features several national tenants such as Tim Hortons and Rogers Video. The property features 130,284 square feet of land area, improved with a total of 49,625 square feet throughout three buildings with a mixture of ground floor retail and second floor office. The property was assessed at $10,686,000 and sold for $12,500,000.

Downloads:
10310-10330 152nd St, Surrey PDF Brochure

28May/100

Recent Sale: 1145 & 1250 – 22091 Fraserwood Way

While not a notable sale, a couple of Don Viner and Nelson Chung's units at 22091 Fraserwood Way have completed. Patsy Hui of Re/Max has also been involved in the sales of these units. One of the units is a second floor office, and the other is a two-storey warehouse/office. The units are connected by a doorway, and were sold to one buyer for $630,000, representing a price per square foot of $156. The total square footage of the units is 4,044, with 2,644 square feet of second floor office, and 1380 of ground floor warehouse.

Please find the brochure for the property here:
22091 Fraserwood Way Brochure

18May/100

Recent Sale: 1545-1555 West 8th Avenue, Vancouver

A bit late on this one, but Simon Lim and Morgan Dyer have recently sold the two two-storey office buildings located at 1545-1555 West 8th Avenue in Vancouver. The asking price for the two buildings was $6,600,000 and the final selling price was $6,400,000. The combined leaseable area of the two buildings is 17,614 square feet, leased out to multiple tenants. The properties had come on the market in 2008 and at the time had a combined net annual income of approximately $250,000.

Original Brochure for 1545-1555 W. 8th Ave

15Dec/090

Recent Sale: 900 Howe Street, Vancouver

900HoweAvison Young has recently brokered the sale of 900 Howe Street, a Multi-tenant office building on the corner of Howe and Smithe in Downtown Vancouver. The 10-floor office building was originally built in 1987, and measures approximately 103,400 square feet. The selling price for the property was $29,550,000.

Here is a link to the original GWL Realty Advisors (The Seller) Site:
http://www.900howestreet.com/

22Oct/090

Recent Sale: 20457 Fraser Highway, Langley

20457-fraserThe mixed use commercial building on the northeast corner of Glover Rd and Fraser Highway in Downtown Langley was sold. The civic address of the property is 20457 Fraser Highway, and is improved with a two-storey building with a mix of retail and office. The assessed value of the property is $1,924,000, and the selling price was $2,700,000. The site has an area of 7187 square feet.

1Oct/090

Recent Sale: 877 East Hastings St, Vancouver

IMG_1081Colliers has brokered the sale of the Retail/Office mixed-use property on 877 East Hastings Street in Vancouver. The 15,250 square foot property is improved with a three-storey building built in 1986, measuring 26,345 square feet of leasable area, and zoned M-1 Industrial. The property also features underground parking with 44 stalls. Sale price on the property was $4,375,000 with an original listing price of $4,588,000. The property was Vacant at the time of sale.

28Sep/090

Recent Sale: 233 West 1st St, North Vancouver

westmarCBRE has brokered the sale of a four-storey office building at 233 West 1st Street in North Vancouver. The building features two levels of underground parking and a total site area of 18008 square feeet. The building was assessed at $8,520,000, and sold for $9,050,000, representing a price per square foot of $237.

23Sep/090

Recent Sale: 1415 St. Georges Ave, North Vancouver

1415stgeorgesColliers recently brokered the sale of a 77-Unit Mixed-Use Apartment Building at 1415 St. Georges Street in North Vancouver. The apartment and commercials units were all strata-titled. The sale price of the property was $10,850,000. The building consists of several ground-floor retail units and doctors offices as well as the residential units.