1045 Haro Street

1045 Haro Street Land Development Sale | CBRE NIT

Multi-Family Land Development

1045 Haro Street is a two-tower, multi-family high-rise redevelopment opportunity located in Downtown Vancouver that offers the ability to develop significant scale in Vancouver’s West End. Encompassing up to 509 proposed residential units, the development not only offers high visibility and exposure along Thurlow Street, but offers existing holding income for the investor. Underscored by Downtown Vancouver’s rapid population growth, 1045 Haro Street is currently improved with a 7-storey residential rental building and a 3-storey commercial building situated in central Downtown Vancouver with a 100 transit score.

CBRE was initially engaged by the owner to conduct a comprehensive marketing campaign. After overcoming several challenges, CBRE was engaged a second time by the lender via court-order, for which we conducted a subsequent global marketing campaign which included print and digital marketing tactics. Through the marketing and sales process, CBRE received over 10 signed CAs and multiple competing offers. Through this court-ordered process, the Property was successfully transacted to an award-winning residential developer.