Biggest Commercial Property Managers
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BURNABY LAKE INDUSTRIAL CENTRE Burnaby, BC
FOR LEASE SFU Willingdon Exit Lake City SkyTrain Station Production Way SkyTrain Station Lougheed Highway Gaglardi Way Winston Street Burnaby Lake Trans-Canada Highway www.avisonyoung.com BURNABY LAKE INDUSTRIAL CENTRE Burnaby, BC Burnaby Lake Industrial Centre offers an opportunity to lease affordable office space in a central location. The complex is professionally managed by Bosa Development Corporation. Nicolas Bilodeau, Vice President Jordan Gill, Associate 604.647.1336 604.647.5097 [email protected] [email protected] To Snug Cove To Langdale e Bay) rtur imo (Depa Nana To HORSESHOE BAY Ferry Terminal MARINE DR. C.N. RAIL (Tunnel) WEST VANCOUVER DISTRICT OF NORTH VANCOUVER CYPRESS BOWL ROAD NANCY GREENEWAY MARINE DRIVE MONTROYAL BLVD. McNAIR DR. CRESTWELL RD. CYPRESS BOWL ROAD DEMPSEY ROAD UP CHARTWELL DR. SOUTHBOROUGH DRIVE PER STEVENS DRIVE LEVE LS HIGHW AY EYREMOUNT DR. BRAEMAR ROAD E. HOSKINS RD. HOSKINS TR QUEENS AVE. AN ANMORE S CA N HIGHLAND BLVD. A D A OSBORNE ROAD E. PRINCESS AVE. DELBROOK AVE. HI EDGEMONT BLVD. GH WA MARINE DRIVE MATHERS AVENUE Y CAPILANO ROAD QUEENS RD. W. 25TH ST. HOSKINS RD. 15TH ST. 29TH ST E. Municipal Hall INGLEWOOD AVENUE WAY TAYLOR 21ST ST. 11TH ST. LYNN VALLEY ROAD FULTON AVENUE UPPER LEVELS HIGHWAY Municipal 23RD ST. W. HYANNIS DR. Hall CITY OF MOUNTAIN HIGHWY GALLANT AVE. WESTVIEW DR. WESTVIEW FELL AVE. MARINE DRIVE LARSON U D P E P CHURCHILL E E 15TH ST. R P C ROOSEVELT L INDIAN RIVER DR. NORTH VANCOUVER E O 14TH ST. W. V V E 3RD ST. W. L E S R 13TH STREET W. -
Vancouver, BC Retail Q2 2018
MARKETBEAT Vancouver, BC Retail Q2 2018 ECONOMIC INDICATORS Market Overview An indicator of British Columbia’s booming economy and strong retail National 12-Month sales growth is that several Metro Vancouver shopping centres are 2017 2018 Forecast currently either expanding and/or redeveloping. Despite the rise in GDP Growth 1.3% 2.3% eCommerce, shopping malls across the region such as Park Royal, CPI Growth 1.5% 2.6% Oakridge Centre, Brentwood Town Centre, Lougheed Town Centre Consumer Spending and others, are redeveloping to refresh their looks, add square 1.5% 1.5% Growth footage, or build condominium towers on mall parking lots. Retail Sales Growth 3.8% 4.3% The second phase of McArthurGlen Group’s outlet mall near 12-Month Vancouver International Airport is tentatively set to open by the spring Regional Q2 17 Q2 18 Forecast of 2019 and will be 84,000 square feet (sf). A future third phase is Median Wage Rate $22.39 $26.58 planned, which will add another 65,000 sf. This outlet centre is the Labour Force Population 1.4% 1.6% number one sales performer in Canada with a reported $1,220 in Growth sales per square foot (psf) per annum, which also ranks it in third Unemployment Rate 5.1% 4.7% place in B.C. only behind Oakridge Centre at $1,579 psf and Pacific Source: Statistics Canada Centre at $1,531 psf. Source: International Council of Shopping Centres (ICSC) Shape Properties and HOOP (Healthcare of Ontario Pension Plan) Economy are redeveloping a 28-acre site in Burnaby, referred to as “The British Columbia’s economy, fueled in large part by a strong Amazing Brentwood”. -
British Columbia
Mid-Year 2017 Investment Review British Columbia First half 2017: BC Investment SALES Fundamental shift coming in BC investment market by dollar volume & number of sales DEALS GREATER THAN $5M as record first-half likely marks end of an era nprecedented levels of investment in ultimately lead to a pause in BC. Vendors Uthe first half of 2017, which involved 109 with elevated pricing expectations seeking transactions valued at $5.09B, will likely shortened conditional periods may experience mark the culmination of the latest and most a new reality posed by the shifts in the macro robust cycle of capital expenditures on BC economic factors that undergird how investors commercial real estate yet recorded in the traditionally behave and make investment (147) province. This ‘cycle of impatience’, which decisions. A refusal by a purchaser to meet $4.1B has its roots in 2012 and accelerated in 2015 these expectations could result in vendors before peaking in 2017, may be on the decline. deciding that they no longer wish to sell, thus Interest-rate increases in the U.S. and Canada, tightening supply, which could also slow rising bond yields, a change in government deal velocity in 2018 and beyond. With the at the federal and provincial levels, municipal rising cost of capital, purchasers will no longer red tape, new taxation regulation as well obtain the same leverage ratio when using as increased enforcement limiting capital debt financing to acquire properties; hence, $1.33B (82) outflows from China may start to slow purchasers will be required to contribute more investment activity in BC’s commercial real equity to a transaction than in years past. -
The Exchange 475 Howe Street
NEW CBD RETAIL OPPORTUNITY VANCOUVER, BRITISH COLUMBIA A Vancouver Landmark | The Future Works Here The Exchange 475 Howe Street NOW UNDER CONSTRUCTION n Occupancy Spring 2018 n AAA office and retail space n Downtown Financial District n 31 storeys, 369,000 square feet n LEED Platinum heritage restoration n Designed by Harry Gugger Studio in conjunction with Iredale Architecture Group FOR MORE INFORMATION PLEASE CONTACT: Adrian Beruschi Mario Negris Personal Real Estate Corporation Personal Real Estate Corporation 604 662 5138 604 662 3000 [email protected] [email protected] The Development The Exchange is distinctly located in the heart of downtown Vancouver’s financial district at the corner of Howe and West Pender Streets. Preserving the heritage of the Old Stock Exchange Building, The Exchange will deliver the seamless integration of restored heritage design with modern LEED Platinum features to create a new sustainable 31 storey architectural masterpiece. Property Overview UNIT SIZE FLOOR LEASE RATE ADDITIONAL RENT (ESTIMATED) ZONING** CRU 100 1,742 sq. ft. Ground $75.00 per sq. ft. $25.00 per sq. ft. CD-1 (555) CRU 175* 601 sq. ft. Ground $75.00 per sq. ft. $25.00 per sq. ft. CD-1 (555) 3,000 sq. ft. Subgrade $30.00 per sq. ft. $15.00 per sq. ft. CD-1 (555) Projected Occupancy Demolition of the site and restoration of 475 Howe Street has now commenced with a projected date for tenant occupancy Spring 2018. Unique Features • Historic restoration combined with leading edge architectural design • Floor to ceiling triple glazed glass • Heritage finishes in lobby and lower levels • Fitness facility, bike parking and bike lockers LEED Platinum office space means energy costs down 35%; energy consumption down 60%; CO2 emissions down 85% Retail Floor Plan UP LOADING BAY OFFICE RECYCLING/ COMPOST/ GARBAGE LEASED GAS METER RM VEST UNIT SIZE FLOOR LEASE RATE ADDITIONAL RENT (ESTIMATED) ZONING** RETAIL RECYCLING/ VEST COMPOST/ CRU 100 1,742 sq. -
Canada-2013-Finalists.Pdf
TRADITIONAL MARKETING ADVERTISING Centres 150,000 to 400,000 sq. ft. of total retail space Identity Crisis Rescued 10 Dundas East Toronto, Ontario Management Company: Bentall Kennedy (Canada) LP Owner: 10 Dundas Street Ltd. One World in the Heart of Your Community Jane Finch Mall Toronto, Ontario Management Company: Arcturus Realty Corporation Owner: Brad-Jay Investments Limited At the Heart of the Community Les Galeries de Hull Gatineau, Quebec Management Company/Owner: Ivanhoe Cambridge Here’s to the Best Things in Life Lynden Park Mall Brantford, Ontario Management Company/Owner: Ivanhoe Cambridge Must Visit MEC Montreal Eaton Centre Montreal, Quebec Management Company/Owner: Ivanhoe Cambridge Centres 400,000 to 750,000 sq. ft. of total retail space Break Out Your Style Cornwall Centre Regina, Saskatchewan Management Company: 20 Vic Management Inc. Owner: Kingsett Capital & Ontario Pension Board The Really Runway Dufferin Mall Toronto, Ontario Management Company: Primaris Management Inc. Owner: H&R Reit Les Rivieres: Inspired by Trends Les Rivières Shopping Centre Trois-Rivières, Quebec Management Company: Ivanhoe Cambridge Owner: Ivanhoe Cambridge & Sears Canada Medicine Hat Mall Motherload Medicine Hat Mall Medicine Hat, Alberta Management Company: Primaris Management Inc. Owner: H & R Reit Crate&Barrel | OAKRIDGE · SINCE MARCH 21, 2013 Oakridge Centre Vancouver, British Columbia Management Company/Owner: Ivanhoe Cambridge Wahoo! Uptown Victoria, British Columbia Management Company: Morguard Investments Limited Owner: Greystone Centres 750,000 to 1,000,000 sq. ft. of total retail space Entrepôts de Marques - Brand Factory Marché Central Montréal, Québec Management Company: Bentall Kennedy (Canada) LP Owner: bcIMC Realty Corporation The World Of Fashion In 200 Stores Place Rosemère Rosemère, Québec Management Company: Morguard Investments Limited Owner: Rosemère Centre Properties Limited An Independent Style Southcentre Calgary, Alberta Management Company /Owner: Oxford Properties Group St. -
Biographies of the Richmond Oval Board Members
Biographies of the Richmond Oval Board Members MEMBER BIOGRAPHY Michael O’Brien (Chair) Michael O’Brien has been part of the executive group of the Airport Authority since immediately before the not-for-profit Authority assumed responsibility for the operation of Vancouver International Airport (YVR) in 1992. In the years since then, as the Authority transformed YVR into one of the world’s leading airports (including construction of a new runway, a new international terminal and creation of a customer driven organization) Mr. O’Brien has acted as Corporate Secretary to the Board of Directors and has been variously responsible for law, government relations, strategic planning, communications, community and environmental issues. Mr. O’Brien graduated from Trinity College, University of Toronto, with a Bachelor of Arts degree, and Osgoode Hall Law School at York University, with a Bachelor of Law degree. He is a member of the Bars of Ontario and British Columbia. Prior to working for the Airport Authority he spent six years in Ottawa in the headquarters of three different federal departments, including the Department of Transport. He started his career as a barrister with the Toronto law firm of Cassels, Brock. Mr. O’Brien serves on the Boards of the Fraser Basin Council, Providence Health Care Legacy Project and the Richmond Gateway Theatre Society, and is a member of the Richmond Olympic Business Advisory Committee. Roger Barnes Roger Barnes is a consumer marketing research and planning professional. His career has been with Nestle UK, as Marketing Director with Nabob Foods, and for the last 15 years he has operated Roger Barnes Marketing Planning, providing research and marketing advice to major tourism organizations and consumer products companies. -
1 | Icsc Canadian Shopping Centre Awards | Finalists Ladies and Gentlemen… We Are Pleased to Unveil the Finalists of the 2015 Icsc Canadian Shopping Centre Awards!
1 | ICSC CANADIAN SHOPPING CENTRE AWARDS | FINALISTS LADIES AND GENTLEMEN… WE ARE PLEASED TO UNVEIL THE FINALISTS OF THE 2015 ICSC CANADIAN SHOPPING CENTRE AWARDS! Your creativity and remarkable feats of excellence have dazzled our judges. We invite you to step into the spotlight as we announce the winners! Let’s celebrate the innovative, dynamic and ever-evolving nature that is the “Retail Circus”, at the ICSC CANADIAN SHOPPING CENTRE AWARDS GALA OCTOBER 7TH, TORONTO, ONTARIO TORONTO CONVENTION CENTRE For more information visit: www.icsc.org/canadianawards CONGRATULATIONS AND SEE YOU UNDER THE BIG TOP! 2015 ICSC Canadian Shopping Centre Awards Committee 2 | ICSC CANADIAN SHOPPING CENTRE AWARDS | FINALISTS 3 | ICSC CANADIAN SHOPPING CENTRE AWARDS | FINALISTS ADVERTISING CENTRES 400,000 TO 750,000 SQ. FT. CENTRES MORE THAN 1,000,000 SQ. OF TOTAL RETAIL SPACE FT. OF TOTAL RETAIL SPACE A REBOOTED BOWER PLACE YOURS GTC Bower Place Guildford Town Centre Red Deer, Alberta Surrey, British Columbia @CENTRALCITY A RETAIL WIN AT DIX30! Central City Shopping Centre Quartier DIX30 Surrey, British Columbia Brossard, Quebec ORCHARD PARK STYLE INSPIRERS Orchard Park Kelowna, British Columbia MY NEW WARDROBE Place Ste-Foy Québec, Québec #CELEBRATEYOU Uptown Victoria, British Columbia 1 | ICSC CANADIAN SHOPPING CENTRE AWARDS | FINALISTS BUSINESS-TO-BUSINESS CENTRES MORE THAN 1,000,000 SQ. FT. OF TOTAL RETAIL SPACE PANDORA PARTNERSHIP Bramalea City Centre Brampton, Ontario YORKDALE’S RETAILER ONBOARDING STRATEGY Yorkdale Shopping Centre Toronto, Ontario 2 | ICSC CANADIAN SHOPPING CENTRE AWARDS | FINALISTS CAUSE RELATED MARKETING CENTRES OF 150,000 SQ. FT. OR CENTRES 400,000 TO 750,000 SQ. -
Future Forward: the Rise of Urban Enclaves in Metro Vancouver
FUTURE FORWARD THE RISE OF URBAN ENCLAVES IN METRO VANCOUVER AN AVISON YOUNG TOPICAL REPORT SPRING 2019 2 Future Forward: The Rise of Urban Enclaves in Metro Vancouver Coquitlam Port Moody Coquitlam Centre FUTURE Flavelle Mill Brentwood Lincoln FORWARD Amazing Brentwood Concord Brentwood Solo District Gilmore Place Metro Vancouver has long Brentwood suffered from a shortage of Gilmore Town Centre Holdom Burquitlam developable land due, in large Lougheed part, to geographic and political The City of Lougheed SOCO boundaries that have limited Lougheed urban sprawl in the region. As land Town Centre prices have risen and the availability of development sites declined, investor Metrotown Oakridge-41st Station Square Coquitlam Avenue Oakridge Concord Metrotown interest has grown exponentially in the Oakridge Centre Patterson Fraser Mills Oakridge Transit Centre Langara-49th redevelopment of typical low-rise shopping Cambie Gardens Metrotown Avenue centres and the adjacent surface parking lots Langara Gardens Edmonds that form a substantial part of most traditional Southgate City car-centred regional malls. Edmonds New urban enclaves are emerging throughout Metro Vancouver as former regional shopping centres and transit-oriented sites Gateway are being redeveloped into mixed-use communities that house Surrey Bridgeport thousands of residents, and offer extensive experiential-retail King George Hub Georgetown opportunities, community amenities and entertainment and Surrey hospitality options – all of which will be accessible via existing Central transit lines. One of the largest such sites, Oakridge Centre, which Aberdeen Richmond King George Richmond Centre is currently being redeveloped by QuadReal Property Group and Lansdowne Centre Atmosphere Westbank in Vancouver, is already being marketed as Oakridge, The Lansdowne Living City. -
For Lease 4427 Dawson Street Burnaby, BC
For Lease 4427 Dawson Street Burnaby, BC High Exposure 6,700 Square Foot Warehouse with Grade Loading Bryn Cartwright, Associate Kyle S. Blyth*, Principal 604.647.5093 604.647.5088 [email protected] [email protected] *Kyle Blyth Personal Real Estate Corporation Property 4427 Details Dawson Street Burnaby, BC ZONING M-1 PARKING 7 stalls Opportunity CEILING HEIGHT 15’ Opportunity to lease a high exposure warehouse with well built out office over two floors. 4427 Dawson LOADING is well situated within Brentwood Town Centre and 1 grade loading door provides tenants with an abundance of nearby amenities including the Amazing Brentwood Shopping FEATURES Centre, Cactus Club, Tim Horton’s, TD, Whole Foods Kitchen and multiple washrooms and Save On Foods. The property has direct access to Willingdon Avenue and Highway 1 as well as Gilmore ASKING RATE $14.50 psf and Brentwood Skytrain stations. ADDITIONAL RENT Ä $8.60 psf 99 Ä AVAILABILITY Marine Dr Immediately Ä 1A Ä AVAILABLE SPACE Subject Ä Warehouse: 3,242 sf Property Ä 7A Office: 3,460 sf Total: 6,700 sf Burnaby E 12th Ave d R h t r o Vancouver N Brunette Ave r t t S D S a a i r i r b e o s t m a c i u r l F V Cambie St Knight St o C E Ä Ä Ä Ä SE Marine Dr 99 17 Golden Ears Way t S North Fraser Way 2 3 River Dr 1 Bridgeport Rd d R 6 o N Shell Rd Ä Ä River Rd d à R 96 Ave t t Ä 7 Ä 1 o t c ì S S Westminster Hwy 1A 6 1 2 Cliveden Ave Nordel Way 88 Ave 88 Ave t S 8 2 1 t S Richmond 80 Ave 0 80 Ave 2 t t t t 1 S S S S 2 8 0 6 9 0 0 1 1 2 2 2 Ä 72 Ave Ä 72 Ave Avison Young 17 #2900 - 1055 W. -
5900 No 3 Road Richmond, Bc
FOR LEASE 5900 NO 3 ROAD RICHMOND, BC Frances Wu Senior Associate 604 639 9356 [email protected] Suite 700 - 700 West Georgia Street / PO Box 10023, Pacific Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefield.com FOR LEASE 5900 NO 3 ROAD RICHMOND, BC THE OPPORTUNITY BASIC RENT Office space for lease in Richmond City Centre in a well-managed Contact Listing Agent building! The building is located at the corner of Westminster Highway and No. 3 Road, with access from both of these major roads. In addition, the building offers excellent access by transit as it is ADDITIONAL RENT located half a block to Brighouse skytrain station and the bus loop at $20.16 (2019 estimate) Brighhouse station. Need to visit City Hall frequently? Richmond City Hall is within a 10 minute walk. Frequent flyer? Airport is a 10 minute NOTE drive away or five stops on the Skytrain. Prospective Tenants cannot be engaged in the operation of a retail financial institution. FEATURES • Well-managed concrete building with onsite property manager FLOOR PLAN • Newer concrete building • Excellent amenities within a 10 minute stroll: Richmond Centre, Lansdowne Centre, plenty of restaurants, cafes and services nearby. AVAILABLE AREA Unit 880 2,528 sf Unit 660 910 sf Unit 500 1,623 sf UNIT 880 AVAILABLE December 1, 2019 ZONING CDT1 – Downtown Commercial Edmonds Marine Drive Knight St– Marpole Loop Marine Drive UNIT 660 YVR–Airport Templeton VULCAN WAY Bridgeport Sea Island 25 MIN. FROM Centre VANCOUVER DT BCIT Starlight Casino Aberdeen South Terminal Richmond Lansdowne Hospital Richmond– Richmond Brighouse Centre UNIT 500 RICHMOND Frances Wu Senior Associate 604 639 9356 Silvercity Riverport & [email protected] Ironwood Centre Riverport Recreation Complex Steveston Museum Gulf of Georgia Cannery National Historic Site Britannia Heritage E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. -
Burrard SKYTRAIN STATION 635 Burrard Street, Vancouver, BC SUMMARY Burrard Skytrain Station Is Located in the Heart of the Vancouver Central Business District
BURRARD SKYTRAIN STATION 635 Burrard Street, Vancouver, BC SUMMARY Burrard SkyTrain Station is located in the heart of the Vancouver central business district. Its close proximity to major bus lines, hotels, and restaurants mean that there is heavy traffic throughout the week. The opportunity is located in exterior of a covered station courtyard. This courtyard provides direct pedestrian access to both the Royal Centre and Bentall Centre office and retail complexes, making this station a busy pedestrian area. This location sees 44,200 daily riders while the nearby and highly desirable Robson Street shopping district sees 9,341 pedestrians per day. DETAILS + 470 SF Retail Space + Available: TBD + Rent: Contact Listing Agent +Part of the Top 10 busiest stations DEMOGRAPHICS 13 Bus Routes Serving this Area 0.5 KM Ring CONTACT 2016 Population 5,974 Trains Run Every 2-3 Minutes 2011 Population 4,893 During Peak Hours Dan Clark Nick Fisher 604.628.2577 604.628.2581 2016 Avg HHIncome $74,750 [email protected] [email protected] 44,200 Daily Ridership 2016 Daytime Pop. 45,580 BURRARD skytrain STATION Vancouver, BC NightBus Service Late-night bus service Key Regional Transit Connections (seven days a week). This map shows key transit services Horseshoe Bay Ferry Lynn Valley Centre Capilano University connecting regional centres in the To Langdale, Nanaimo Metro Vancouver region. and Bowen Island Park Royal SkyTrain Lonsdale Quay High frequency rail service. Canada Line Early morning to late evening, SeaBus Phibbs Exchange seven days a week. Expo Line ZONE Millennium Line Burrard Station ZONE Lafarge Lake– Waterfront West Coast Express Bus Burrard Douglas Cambie St– Willingdon Ave– Bus routes providing fast and W Hastings Hastings St Duthie Ave– B-Line Hastings St frequent service. -
Retail Report Executive Summary
METRO VANCOUVER RETAIL REPORT EXECUTIVE SUMMARY MAJOR NEW DEVELOPMENTS THE AMAZING BRENTWOOD BY SHAPE PROPERTIES VANCOUVER HOUSE BY WESTBANK AT 1400 HOWE STREET The Amazing Brentwood redevelopment is a 28-acre site centred around the current Vancouver House is a new mixed use retail/office condominium development located Brentwood Shopping Centre. It is the largest project in Metro Vancouver with next to the Granville Street bridge at the gatement to Downtown Vancouver. Notable redevelopment densification featuring 1,100,000 SF of retail, up to 1,000,000 SF of tenants include London Drugs and Vancouver’s first location of Fresh St. Market. office spaces, and 6,000 residential units. CURRENTLY UNDER CONSTRUCTION AND POTENTIAL DEVELOPMENTS | LOWER MAINLAND DEVELOPER PROJECT NAME MUNICIPALITY RETAIL SIZE NOTABLE TENANTS ESTIMATED COMPLETION Shape Properties The City of Lougheed Burnaby 1,400,000 TBD Q1 2020 Shape Properties The Amazing Brentwood Burnaby 547,192 Cineplex, Sporting Life Q2 2019 Anthem Properties/Beedie Station Square Burnaby 450,000 Overwaitea Foods, Bed Bath & Beyond, Best Buy Q4 2021 Quadreal The Post Vancouver 200,000 TBD 2022 Jim Pattison Developments Guildford Village Surrey 114,000 TBD Q2 2021 Cressey Kings Crossing Edmonds Burnaby 100,000 Crunch Fitness Q2 2019 Wesbank Vancouver House Vancouver 80,000 Fresh St Market Q3 2019 South Street Developments Atmosphere Richmond 70,000 TBD 2021 Rize The Independent Vancouver 53,000 Nesters 2019 Wesgroup River District Vancouver 43,500 Save On Foods Q2 2019 Quadreal Oakridge Centre Vancouver 360,000 TBD 2031 Onni Gilmore Place Burnaby 450,000 TBD Q2 2024 METRO VANCOUVER DEMOGRAPHICS MUNICIPALITY POPULATION MED.