Canada Post

Land Development

Canada Post Corporation (CPC) engaged NIT – Vancouver in the sale of their main mail processing plant (2.98 acres) in Downtown Vancouver. The Property comprised a high-profile city block redevelopment opportunity with political sensitivities that required a fair and transparent marketing process. The team ran an extensive global marketing campaign to 2,000+ investors in Canada, Hong Kong, Beijing, Shanghai, Singapore, London, New York, Tokyo, Frankfurt, California, and Sydney. CBRE NIT-Vancouver achieved a record setting price which was more than double the internal appraised value and far exceeded the vendor’s value expectations.