Top 100 Biggest Real Estate Deals of 2015 Ranked by Total Value of the Deal
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Top 100 biggest real estate deals of 2015 Ranked by total value of the deal Published March 22, 2016. Sources: Interviews with companies below, advisers to those companies and BIV research. Search This Table Partial list Rank Description of the Date deal Deal value Property Purchaser Seller of primary '16 deal closed (CAD) advisers 1 Metrotower III, Metro Vancouver Ivanhoé Cambridge Sale of Tower III in Avison December $250,000,000 Metrotown www.metrovancouver.org ivanhoecambridge.com three-tower complex; Young; 17, 2015 Centre transaction required Blake, (http://www.metrovancouver.org) (http://ivanhoecambridge.com) 4710 to 4730 the creation of an Cassels & Kingsway, airspace parcel with Graydon multiple cross- Burnaby easements and covenants as property is connected to two other office towers and B.C.'s largest retail mall 2 Fairmont Hotel Larco Hospitality Ivanhoé Cambridge 556-room landmark May 2015 $180,000,000 Vancouver larcohospitality.com (http://larcohospitality.com) ivanhoecambridge.com hotel in downtown Vancouver 900 Georgia St (http://ivanhoecambridge.com) W, Vancouver 3 WIP LP Canadian Apartment Properties Real Estate WIP Investment LP 19 apartment McMillan September $170,000,000 apartment Investment Trust (CAPREIT) www.wipinvestmentcorp.com properties totalling 919 LLP; CBRE 14, 2015 portfolio residential suites; Ltd www.caprent.com (http://www.caprent.com) (http://www.wipinvestmentcorp.com) Various; properties are in North suburban Vancouver, Port Moody, Coquitlam, Metro Burnaby, New Vancouver Westminster, Surrey and Langley and Langley 4 Standard Life Assurance Co of Canada LaSalle CIG III GP Inc Retail Avison February $123,100,000 1150 Douglas www.standardlife.ca (http://www.standardlife.ca) (http://) Young 11, 2015 St, Victoria 5 Anvil Centre Kunyuan International Group RCC LP, RC Centre (Vermont) LP Retail Cushman & December $114,700,000 610 Sixth St, (http://) (http://) Wakefield 17, 2015 New Westminster 6 Suntrust Holding Ltd 14140 Triangle Road Investments Ltd Industrial/mall/business Colliers September $103,000,000 14140 Triangle suntrustholding.com (http://suntrustholding.com) (http://) park International 1, 2015 Rd, 14111 and 14300 Entertainment Blvd, Richmond 7 Ackroyd Plaza 1038831 B.C. Ltd 0733849 B.C. Ltd Retail shopping centre, Avison August 21, $101,800,000 5880 No. 3 Rd (http://) (http://) 107,000 sq ft, situated Young; 2015 and 9200 on land designated for Gowling high-density, mixed- WLG Ackroyd Rd, use residential Richmond development 8 Dogwood Onni Group of Companies Vancouver Coastal Health Portion of the 25.4- Clark Wilson April 15, $85,000,000 Lands www.onni.com (http://www.onni.com) www.vch.ca (http://www.vch.ca) acre Pearson LLP; 2015 500 57th Ave Dogwood lands, Cushman & W, Vancouver located at West 59th Wakefield; Ave between Heather McCarthy and Cambie streets Tétrault LLP 9 University Wesbild Holdings Ltd Portfolio sale anchored Form Retail October $69,800,000 Heights www.wesbild.com (http://www.wesbild.com) (http://) by University Heights Advisors 15, 2015 Shopping Shopping Centre, a Centre portfolio 205,500-sq-ft 3956 enclosed mall situated Shelbourne St, on an 11.6-acre site in Saanich, in close Saanich, and proximity to University 1483 Douglas of Victoria St, Victoria Footnotes: Jim Pattison Developments Ltd 161884 Canada Inc Alexander March 10, $53,011,165 10 5016 272 St, jimpattison.com (http://jimpattison.com) (http://) Holburn 2015 Langley Beaudin + Lang LLP; Clark Wilson LLP; Fasken Martineau DuMoulin LLP LLP 11 Wesgroup Investments Balfour Properties Ltd Land/residential Colliers August 4, $46,200,000 936 18th Ave (http://) www.balfourproperties.com International 2015 W, Vancouver (http://www.balfourproperties.com) Telus House Avigilon Corp Telus Communications 135,000-sq-ft office CBRE Ltd; November $42,000,000 12 555 Robson St, avigilon.com (http://avigilon.com) www.telus.com tower, formerly Telus Blake, 30, 2015 headquarters; 2.5 Cassels & Vancouver (http://www.telus.com) years after the building Graydon; was placed under Bull, contract, the sale was Housser & closed. As a condition Tupper LLP; of closing, a unique Koffman airspace parcel was Kalef LLP negotiated, created and registered with the City of Vancouver 13 Data Centre Westbank Corp and private investor Oxford Properties Group and Acquisition of a 2.75- Borden September $41,500,000 portfolio www.westbankcorp.com Canadian DC Facilities Holdings Inc acre site including Ladner 6, 2015 three buildings Gervais LLP; 102, 138 4th (http://www.westbankcorp.com) www.oxfordproperties.com totalling over 175,000 CBRE Ltd; Ave E; 110, 111 (http://www.oxfordproperties.com) sq ft with expansion Lawson 5th Ave E; 2015 and redevelopment Lundell LLP Main St, potential Vancouver 14 Peterson Group Bank of Montreal Sale-leaseback by BMO Capital July 15, $41,000,000 2609 Granville www.petersonbc.com (http://www.petersonbc.com) (http://) Bank of Montreal of a Markets; 2015 St and 1540 five-storey building Form Retail with adjacent Advisors 10th Ave W, development site on Vancouver 10th and Granville Sunnyland Properties Ltd Peter Redekop Multi-family/apartment Colliers July 31, $40,100,000 15 3755 6th Ave sunnylandgroup.com.au (http://) building in Point Grey International; 2015 neighbourhood Gowling W, Vancouver (http://sunnylandgroup.com.au) WLG Belford Properties Ltd A two-lot assembly London April 7, $38,782,000 16 6380 and 6420 belfordproperties.ca (http://belfordproperties.ca) (http://) totalling 420,135 sq ft Pacific 2015 Silver Ave, of gross residential Property developable area Agents Inc; Burnaby within the Metrotown Re/Max Bill community plan Goold Realty 17 KBK No. 14 Ventures Ltd Sale of existing Form Retail July 13, $38,000,000 3500 No. 3 Rd, (http://) (http://) Canadian Tire property Advisors 2015 Richmond on No. 3 Road consisting of approximately 3.81 acres of land Darwin Properties Industrial Avison December $37,589,000 18 1433 Columbia (http://) (http://) Young 1, 2015 18 1433 Columbia (http://) (http://) Young 1, 2015 St and 126 Harbour Ave, North Vancouver Industrial Alliance Bosa Properties (Gateway) Inc Office Avison October $36,000,000 19 13479 108 Ave (http://) (http://) Young 15, 2015 and 13450 Gateway Dr, Surrey Strand Development Ltd 456 Prior St Holdings Ltd Land/industrial Colliers November $36,000,000 20 370 Prior St, (http://) (http://) International 30, 2015 Vancouver Key West Key West CPNB LP IKEA Properties Ltd GMI August 20, $34,500,000 21 Business Park (http://) (http://) Servicing 2015 3810 to 3960 Inc; Koffman Jacombs Rd, Kalef LLP; McMillan Richmond LLP East Richmond Institutional purchaser Brunswick Property Holdings Ltd Cushman & November $33,750,000 22 Distribution (http://) (http://) Wakefield 20, 2015 Centre 16100 Blundell Rd, Richmond Main St Estates MainStreet Equity Corp Purchase of a 331-unit January $33,700,000 23 10736 150 St, mainst.biz (http://mainst.biz) (http://) property in Surrey's 26, 2015 Surrey Guildford area; MainStreet Equity Corp owns more than 30% of Surrey's rental apartments Glenlyon Beedie Glenlyon Business Park LP Canada Lands Co CLC Ltd Bull, March 30, $32,939,995 24 Business Park www.beediegroup.ca (http://www.beediegroup.ca) en.clc.ca (http://en.clc.ca) Housser & 2015 4298 and 5115 Tupper LLP; North Fraser Clark Wilson LLP Way, Burnaby Dava Developments Ltd Barnes Wheaton (Surrey) Ltd Retail Avison November $31,000,000 25 1090 Lougheed www.davadevelopments.com (http://) Young 17, 2015 Hwy, (http://www.davadevelopments.com) Coquitlam Richmond Place Private investor Dream Office REIT Office building Cushman & January $30,255,000 26 8100 Granville (http://) www.dream.ca Wakefield; 26, 2015 Gowling Ave, (http://www.dream.ca) WLG Richmond Bosa Properties Inc 1332 Thurlow Holding Ltd Land/residential Colliers November $30,000,000 Bosa Properties Inc 1332 Thurlow Holding Ltd Land/residential Colliers November $30,000,000 27 1065 Harwood www.bosaproperties.com (http://) International 10, 2015 St and 1332 (http://www.bosaproperties.com) Thurlow St, Vancouver Forest Green Confidential Carvolth Housing Corp and Forest Multi-family residential Cushman & August 6, $28,500,000 28 Estates (http://) Green Estates Inc Wakefield 2015 9080 198 St, (http://) Langley Adera Equities Inc Cressey Grandview Holdings Ltd Three properties Clark Wilson November $28,000,000 29 2825 and 2958 adera.com (http://adera.com) www.cressey.com totalling more than LLP; 25, 2015 nine acres of Frontline 159 St, and (http://www.cressey.com) townhouse Real Estate 15755 development land in Services; Mountain South Surrey's Rowland & View Dr, Grandview Co Surrey neighbourhood plan Private investor Dayhu Investments Industrial building CBRE Ltd July 14, $28,000,000 30 5850 272 St, (http://) (http://) 2015 Langley 31 Royal Towers Kunyuan International Group Retail Cushman & November $28,000,000 Hotel & Casino (http://) (http://) Wakefield 5, 2015 140 Sixth St, New Westminster London Building 1030713 B.C. Ltd 0534369 B.C. Ltd Sale of heritage Brighid Law June 16, $27,645,000 32 626 Pender St (http://) (http://) building used for Corp; 2015 W, Vancouver offices Cushman & Wakefield; First National Financial LP; Koffman Kalef LLP Wesgroup London November $27,200,000 33 6280 and 6350 www.wesgroup.ca (http://www.wesgroup.ca) (http://) Pacific 18, 2015 Willingdon Property Agents; Ave, Burnaby Re/Max Bill Goold Realty Darwin Properties (Canada) Ltd Maplewood Gardens Ltd Multi-family/apartment Colliers June 6, $26,840,000 34 251 Riverside (http://) (http://) International 2015 Dr, North Vancouver Kerrisdale city Cressey Development Corp West Boulevard Properties Ltd Development site Goodman January 27, $26,300,000 35 block www.cressey.com (http://www.cressey.com) (http://) Report, HQ 2015 35 block www.cressey.com (http://www.cressey.com) (http://) Report, HQ 2015 6347 West Commercial Blvd, 2109 48th Ave W, 2108 47th Ave W, Vancouver Highgate Royal Providence Management Inc (Elwell Wilhelm Kreykenbohm Multi-family portfolio Goodman December $25,400,000 36 apartment Holdings Ltd) (http://) Report; HQ 7, 2015 portfolio Commercial (http://) 7230 and 7060 Elwell St, 6947 Walker Ave, Burnaby Carnarvon Starlight Investments Ltd 0910953 B.C.