Bentall Centre (2019)

June 11, 2019 / by Matthew Yung / / 0 Comments

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.

Containers II (468 Terminal Ave.)

February 12, 2019 / by Matthew Yung / / 0 Comments

Located just outside of Vancouver’s central business district, 468 Terminal Avenue is a newly-constructed, state-of-the-art, Class ‘AAA’ office building fully-leased to the Canada Revenue Agency (CRA). Located in the highly-coveted neighbourhood of False Creek, the offering provides investors with the opportunity to establish a presence in Vancouver’s burgeoning technology hub, while benefitting from transit and infrastructure upgrades in the area.

CBRE-NIT Vancouver successfully implemented a targeted global marketing campaign, which resulted in the transaction of the Property to a Canadian-owned real estate enterprise.

Airport Executive Park

February 8, 2019 / by Matthew Yung / / 0 Comments

Airport Executive Park (AEP) is a premier office campus set within 31.5 acres of award-winning, sustainable green space in Richmond, BC. Institutionally developed, owned and maintained, this modern park-like environment is coveted by numerous national and international tenants. Strategically located between downtown Vancouver, Vancouver International Airport, and the U.S. border, the Property provides a strong mix of national and international tenants.

CBRE NIT-Vancouver secured one of Canada’s leading investment managers as the Purchaser, which allowed them to establish immediate scale in Metro Vancouver’s competitive office market.

800 Burrard

February 8, 2019 / by Matthew Yung / / 0 Comments

Located prominently at the corner of Burrard and Robson Street, one of Vancouver’s busiest intersections, 800 Burrard offers 222,089 square feet of quality Class ‘A’ office and retail space in downtown Vancouver’s premier retail ‘high street’. The Property is 100% leased to a premier roster of international and national retail and restaurant tenants, including Lululemon Athletica’s flagship Vancouver store, the UGG flagship store, Italian Kitchen (Glowbal Group), and JOEY Restaurant.

CBRE NIT-Vancouver successfully implemented a bespoke global marketing campaign, which resulted in CBRE securing a major commercial real estate investment manager as the purchaser at a price that met value expectations.

555 Robson Street

February 19, 2018 / by Min Kang / / 0 Comments

Located in the most central, walkable office location on Vancouver’s busiest retail street, 555 Robson is being completely rebuilt into one of the most unique, cutting-edge buildings in the downtown core. The building currently is 100% leased to Avigilon Corporation (TSX: AVO), a Vancouver-based global designer and manufacturer of trusted security solutions. The Property is surrounded by a vibrant amenity base within immediate walking distance and is just steps away from both Canada Line and Expo/Millennium Line SkyTrain stations.

CBRE NIT-Vancouver administered a comprehensive global marketing campaign that generated widespread demand from local and global investors. CBRE secured a major domestic institution as the purchaser and achieved a price that exceeded value expectations.