4321 Still Creek Drive is a Class ‘AAA’ office building offering nearly 230,000 sq. ft. of premier office space within the Willingdon Business Park in Burnaby. This high-quality office building has been institutionally managed and is well-equipped with the attributes required to attract and retain long-term quality tenants. 4321 Still Creek Drive was positioned as a modern, high-quality, campus-style environment coveted by a variety of tenants, providing investors an opportunity to own an irreplaceable asset that offers exceptional value in Metro Vancouver’s increasingly competitive office market.

This strategic off-market transaction completed during the early onset of the COVID-19 pandemic, with CBRE effectively navigating our client through new protocols and uncertain times. CBRE emphasized the Property’s quality tenants and 100% rent collection through the pandemic, and it sold it at pre-pandemic pricing to a qualified purchaser.

9500 Glenlyon Parkway is a state-of-the-art office building located in Burnaby, offering modern architecture and exceptional on-site building amenities. Built in 2010, this contemporary building is fully leased on a long-term basis. Located within the Glenlyon Business Park, this asset was positioned as a rare opportunity to own an exceptional quality Class ‘A’, fully leased suburban office building, situated in the highly sought-after neighbourhood of “Big Bend” in close proximity to an abundance of amenities in the second largest office market in Metro Vancouver.

After administering a comprehensive global marketing campaign, CBRE successfully transacted this asset to a qualified private buyer, and navigated the subject removal and closing during the early onset of the global pandemic.

Crestwood Corporate Centre is a 38-acre office campus totaling 11 buildings, situated in one of the Lower Mainland’s major technology business hubs. The Property’s large, efficient floorplates, modern building design, and abundance of on-site amenities provide exceptional value to tenants. The Property is strategically located in Richmond, B.C., at a high-profile and high-exposure intersection. This exceptionally rare opportunity was launched into the market through a global marketing campaign to qualified investors.

The Property was positioned as a rare opportunity to own a best-in-class, professionally managed, and cost-competitive suburban office campus during a time when the Metro Vancouver office market was experiencing under-supply and high-demand. After earning significant interest from the market, CBRE ultimately successfully transacted the property to two qualified purchasers at pricing that met expectations.

The Landing, located at 375 Water Street, is one of the largest premier landmark heritage office buildings in Metro Vancouver, exceptionally located adjacent to Waterfront Station at the entrance to Gastown, bridging Downtown Vancouver’s central Financial Core. Comprised of 175,470 sq. ft. of downtown office and retail space, the Property offers six office floors and one retail level. The Landing has been exceptionally maintained, restored, and seismically upgraded to meet Class ‘A’ building standards while preserving the building’s historical magnificence.

CBRE executed a targeted marketing campaign to a select group of qualified buyers. We generated significant interest from local, national and foreign groups, ultimately successfully transacting the property to Allied Properties REIT. CBRE is very pleased to have played a role in significantly expanding Allied’s Vancouver office portfolio.

Bentall Centre is a premier office portfolio, ranking among the most prestigious of Vancouver assets. With 1.45 million rentable square feet throughout four towers on 4.9 acres of land, Bentall Centre is home to several world-class tenants, and represents a prominent trophy asset. 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 BOMA and LEED certifications. Each tower features attractive interior and exterior common areas, as well as a classic architectural style that has become a defining feature of Downtown Vancouver. Situated in the heart of Vancouver’s downtown core, Bentall Centre provides exceptional exposure along Burrard Street and Dunsmuir Street, as well as outstanding connectivity to major arterials, the Skytrain station, and a wide variety of amenities.

CBRE NIT-Vancouver successfully transacted this 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.