Grandview Properties

Land Development

Grandview Properties Park is a 15.27-acre future redevelopment site currently improved with a contiguous six-building multi-tenant retail, office and warehouse complex and is anchored by the only Walmart Supercentre in the City of Vancouver. Due to the significant scale of the Subject property, CBRE NIT-Vancouver identified both a local developer and a domestic pension fund that would benefit from this acquisition and ultimately generated maximum value for the client. This transaction represented market leading pricing with the highest sales value for I-2 Industrial land at the time of sale.