Bentall Centre is a preeminent downtown office complex, ranking among the most revered and prestigious of Vancouver assets. With 1.45 million rentable square feet throughout four towers on an expansive 4.9 acres of land, Bentall Centre is home to several world-class tenants, and represents a trophy asset that is prominent in size and reputation. Developed in phases, Bentall Centre has benefitted from institutional ownership and ongoing capital investment to maintain the highest of institutional quality standards, and all four towers have achieved both BOMA Level 2 and LEED Gold certification*. Each tower features sophisticated interior and exterior common areas, as well as a classic architectural style that has become a defining feature of the Downtown Vancouver skyline. Prominently situated in the epicenter of Vancouver’s downtown financial core, Bentall Centre provides exceptional exposure along Burrard Street and Dunsmuir Street, as well as outstanding connectivity to major arterial thoroughfares, the Skytrain station, and an abundance of amenities.

* Bentall Tower IV has been certified LEED® Platinum in the Existing Building: Operations and Maintenance (EB:O&M) category.

Project Overview

In December of 2018, CBRE National Investment Team (NIT) – Vancouver was engaged as the exclusive agents in the disposition of Bentall Centre.  Our team administered a targeted marketing campaign to a pre-selected list of investor groups, positioning Bentall Centre as an extremely rare and exclusive opportunity to acquire a 100% freehold interest in a premier Class “A/AAA” office tower portfolio. Due to the prestige and scale of this exclusive offering, significant interest was conveyed by local, national and foreign investors. By the second quarter of 2019, NIT Vancouver successfully transacted the prestigious office portfolio to a joint venture between Hudson Pacific Properties, Inc. and Blackstone Property Partners (BPP). NIT-Vancouver is delighted to have facilitated a smooth and successful transaction on behalf of their client.

If you wish to learn more about how our team of commercial real estate experts can help you maximize the value of your commercial real estate, please contact us via our online contact form.

After 120 years in downtown Vancouver, St. Paul’s Hospital is relocating. The new, state-of-the-art hospital will be constructed on an 18.5-acre site in Vancouver’s False Creek Flats neighborhood.

The current St. Paul’s Hospital on Burrard Street, an iconic mixed-use 6.6 acre development site, has been listed for sale by CBRE Limited. Providence Health Care (PHC) has engaged CBRE to seek out a visionary developer that will reimagine the current site and create downtown Vancouver’s next seminal mixed-use project.

“There’s nothing that even comes close to this,” says Tony Quattrin, CBRE’s vice-chairman of capital markets, “6.6 acres in the heart of downtown, close to transit and amenities, St. Paul’s hospital is a legacy development opportunity in the most strategic location in downtown Vancouver.”

The St. Paul’s Burrard Street site presents an extraordinary opportunity to transform the landscape of Vancouver’s downtown core.
PHC will use the proceeds from the sale of the current site to develop the new hospital, presenting an opportunity for taxpayers to save millions of dollars on a world-class integrated health care hub.