After 120 years in its current location encompassing 2 full city blocks in Downtown Vancouver, St. Paul’s Hospital is relocating from its current 6.6-acre Burrard Street site, leaving the site available for development. As the largest available development site in downtown Vancouver, St. Paul’s Hospital was positioned as a once-in-a-generation legacy development opportunity for developers to “build their vision” and unlock the potential of the site by building Vancouver’s next signature mixed-use towers on an expansive site in the downtown core, shaping the city’s skyline and future of Vancouver.

CBRE administered a comprehensive global marketing campaign that successfully reflected the prestige of this rare opportunity. After receiving unprecedented interest from global and domestic developers and investors, CBRE successfully completed the disposition of this site to Concord Pacific at full market value.

The Investor’s Group Portfolio consists of six office and industrial properties located in Vancouver, Burnaby, Coquitlam and Surrey totaling over 1 million square feet across 30.97 acres. The Portfolio benefits from strategic locations along major arterials, and features diversification in terms of asset class, geography, and tenancy profile. After executing a comprehensive global marketing program, NIT Vancouver (along with Chris MacCauley of CBRE’s Metro Vancouver Industrial Team and Luke Gibson of Suburban Office Leasing Team) successfully transacted the Portfolio to a major Canadian investor in April 2018, which allowed the Purchaser to achieve immediate scale of institutional quality assets in Metro Vancouver.

Willingdon Park is Metro Vancouver’s most prestigious office park centrally located in Burnaby.  The Properties have been institutionally developed, owned and maintained, and benefit from exceptional curb appeal with best-in-class building design, stunning architectural elements and unique building features. By Q1 2018, NIT Vancouver successfully transacted all nine buildings in the park to three different purchasers: local private investor, American investor and owner-user. NIT-Vancouver is thrilled to have delivered such an exceptional and creative result for one of CBRE’s most important clients.

Grouse Mountain is Vancouver’s most renown year-round recreation destination. This local icon is privately owned and derives revenues from multiple business lines, making it one of the most unique investment opportunities in many years. CBRE NIT-Vancouver ran a comprehensive global marketing process that successfully communicated the asset’s desirability and resulted in an unparalleled level of global demand. CBRE secured a major foreign investment company as buyer and successfully achieved values that exceeded all expectations.

Bentall Centre is a premier 1.4 million+ SF office portfolio in the heart of Downtown Vancouver.  The NIT Vancouver team designed a global marketing campaign to match the elite characteristics of the asset and successfully marketed the additional 466,000 SF of additional commercial density to develop a tower between Bentall III and IV. This value creation maximized value to the Vendor and achieved record pricing for class ‘AAA’ downtown office product. This transaction represented one of the only Chinese institutional investments in Canada to date.