Crestwood Corporate Centre and Commerce Court

February 11, 2021 / by Matthew Yung / / 0 Comments

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 (375 Water Street)

February 11, 2021 / by Matthew Yung / / 0 Comments

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 (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.