Office Space 2013

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2013

COMMERCIAL REAL ESTATE

Office Space BOMA BC LEASING GUIDE

New wave 20 new towers set for Vancouver Inside the MNP

LEED beacon raises the bar

Next stop: Coquitlam

Staking space on the Evergreen Line

Extreme makeovers

Turning old into green and gold

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2013

COMMERCIAL REAL ESTATE

Office Space BOMA BC LEASING GUIDE

Cover: Rendering of the Aquilini Group office tower planned next to the sports stadiums in downtown Vancouver | B+H Architects, Vancouver

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BOMA BC

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Next stop: Coquitlam Office developers jostle to get in front of the Evergreen Line

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China’s towers New Tianjin complex is larger than all the commercial space in Metro Vancouver

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Learning to share Splitting office space a template for flexible leasing

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Mixed use How to make offices, retail and housing live in harmony

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Extreme makeovers Right retrofits turn aging energy pigs into lean cash machines

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Buy it, don’t rent it Strata offices move beyond doctors and into the mainstream

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Inside Oxford’s MNP tower New York architect unveils a bold LEED plan

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Community amenity contributions Seeking clarity on “voluntary” development fees

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20 new stories Developers ready to deliver 20 office buildings into Metro Vancouver

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Hiring a property manager Top headhunter on recruiting the best management team

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BOMA Award finalists Best people and projects in the industry honoured

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BOMA BESt Environmental certification has building owners seeing green

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Software & Hard Targets Security apps take deterrence to a tough new level

Biggest security companies in B.C.

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Biggest commercial property managers in B.C.

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Biggest commercial real-estate brokerages in B.C.

Office Space 2013 is published by BIV Magazines, a division of BIV Media Group, 102 Fourth Avenue East, Vancouver, B.C. V5T 1G2, 604-688-2398, fax 604-6881963, www.biv.com.

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Directories 68 Office buildings 86

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BOMA BC Directors 2013/2014

2013 BOMA BC Corporate Sponsors PLATINUM Mott Electric

Derek Page – BOMA president Oxford Properties Group Rob Kavanagh – BOMA 1st vice-president GWL Realty Advisors Inc. Susan Dodsworth – BOMA 2nd vicepresident & treasurer SNC-Lavalin O&M Inc. Colin Murray – BOMA past president B.U.K. Investment Ltd. Paul LaBranche – BOMA executive vice-president Directors Branko Bejo Securiguard Services Ltd. Natalie Bishop Ivanhoe Cambridge II Inc. Douglas Hume Kathryn Ireland Manulife Financial Real Estate

Tom Johnston Morguard Investments Ltd. Greg Last Triovest Realty Advisors (BC) Inc. Paul Sullivan Burgess Cawley Sullivan & Associates Rod Yeoh OMICRON Architecture Engineering Construction Ltd. Neil Turner – Director & BOMA Victoria President Corporation of the City of Victoria BOMA BC Events & Education BOMA BC presents seminars, workshops, special events and BOMI designation programs (RPA and FMA) throughout the year. For event details, visit www.boma.bc.ca/events.php. For education information, visit www. boma.bc.ca

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BRONZE Alpine Building Maintenance Bee Clean Building Maintenance Cadillac Fairview Corporation Chubb Edwards Envirosafe Janitorial Inc. Manulife Financial Real Estate Northwest Refrigeration and Air Conditioning Ltd. Priority / ETD Building

Services Ltd. Royal Centre (BOPC) Inc. SerVantage Services Corp. Standard Life Real Estate Group Theodor Sterling Associates Ltd. Trane Northwest Triovest Realty Advisors (BC) Inc. Waste Management

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OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION


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LAYAR TECHNOLOGY BRINGS OFFICE SPACE PAGES TO LIFE

e are excited to announce that this Office Space magazine is using “augmented reality” to improve and enhance our editorial and advertising content. Augmented reality technology allows users of Apple iPhone, iPad and Android devices to scan specially created pages within Office Space, in order to: ■view video related to story; ■read related links or additional background material on a particular news issue; and ■learn more about the business persons being interviewed. By harnessing augmented reality, our goal is to enrich the experience of the printed content by allowing visitors to read the magazine together with a phone or tablet device to obtain additional information that deepens their understanding. For examples, a column on China’s building boom links

to a video showing how the tallest building in the world will be built in Beijing in just 90 days; a feature on Coquitlam office development links to a video tour of the new Evergreen line. Accessing this augmented content is easy. Simply download the free “Layar” augmented reality app from get.layar.com and use your phone or tablet to scan a page of Office Space. Paul Harris President and Publisher Business in Vancouver

Bring the magazine pages to life in four steps Download and open the Layar app on your Apple or Android smartphone or tablet. Look for pages and content with the Layar logo. Hold the device over the page, ensuring the entire page is in your view screen. Tap the “scan” button to reveal enhanced content. Move to another page and repeat. We’re providing this augmented reality technology to our advertisers, too. Advertising that

features the Layar logo contains additional content to help you learn more about the product or service being advertised. We think it’s a great way for readers to engage with the content and provides significant additional value to our advertisers. It’s amazing to simply scan a page using your phone and receive great additional digital content. Please give it a try – we really think it’s a great addition to our magazine!

EDITORIAL Next stop: Coquitlam Towering China Mix it up BOMA awards BOMA BESt Software and hard targets

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ADVERTISERS Bee-Clean Building Maintenance Cadillac Fairview Corporation City of Coquitlam Curaflo of BC Ltd. Deloitte & Touche LLP Doorcare Enterprises Ltd. Dundee Realty Management Equitable Real Estate Investment Farrell Estates Ltd. Lasertech Floorplans Ltd. McCuaig & Associaties Engineering Omicron Consulting Group Oxford Properties Pacific Powertech Inc. Paladin Security Precision Crack Sealing Inc. Terra Firma Lawn & Garden Secured Security Group Valley Power Sweep Viva Tower

52 55 13 7 15 45 19 79 80 25 80 6 39 89 63 41 54 61 29 46

K ADDITIONAL EDITORIAL AND ADVERTISING CONTENT IN OFFICE SPACE AVAILABLE VIA YOUR MOBILE DEVICE’S LAYAR APP

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Go to get.layar.com to install the app on your smartphone

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Look for pages and content with the Layar logo

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Open the app, get the whole page in view and press the scan button

Discover an amazing extra layer of related content

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Bigger is not always better.

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NEXT STOP: COQUITLAM

TRANSIT IS KEY TO SUCCESSFUL OFFICE PROJECTS AND THE EVERGREEN LINE WILL BE NO EXCEPTION

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Lincoln Station here is a towering premium for office rents on Coquitlam’s close to Metro Vancouver rapid transit stations: Evergreen Line nearly 23 per cent, according to a study by Jones was partially paid Lang Lasalle (JLL), a financial and professional through $20 million in what the city calls services firm specializing in real estate. The study found that even Class C buildings “optional rezoning located within 500 metres of a SkyTrain or density bonus Canada Line station outperformed Class A buildings located payments” | EVERGREEN farther away. LINE RAPID TRANSIT PROJECT “Overall, vacancy rates are almost twice as high at build- OFFICE ings further than 500 metres away from a rapid-transit station, compared to those located closer,” says the company’s BY FRANK O’BRIEN

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Hani Lammam at MOne, the first residential tower in Cressey’s threetower Metropolitan Residences series in Coquitlam. A ninestorey office tower (right) – the tallest in Coquitlam – is planned for the third phase | KIM STALLKNECHT PHOTOGRAPHY

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semi-annual Vancouver Rapid Transit Office Index survey. The 2012 index discovered there is an average rental premium of 22.8 per cent for transit-oriented office space in municipalities served by SkyTrain or Canada Line. “The trend for choosing proximity to transit over building quality is not abating,” says Norm Taylor, senior vice-president of James Lang Lasalle, adding, “Tenants are choosing location, location, location.” The most dramatic difference was in New Westminster, where office buildings close to SkyTrain stations had a 4.2 per cent vacancy, while those farther away had a vacancy of 23.4 per cent. D a v i d M u n ro, h e a d o f e c o n o m i c development with the City of Coquitlam, brandishes the JLL report as he asks the obvious question: “Why not Coquitlam?” As Munro notes, with the development of the $890 million Evergreen Line as the next leg in Lower Mainland rapid transit and the opening of the expanded Port Mann Bridge – not to mention city-wide fibre optics – Coquitlam seems primed as the next office destination. And, adds Jim McIntyre, Coquitlam’s general manager of planning and development, the city’s development charges are skewed to be commercial real estate friendly. Coquitlam currently has very little office space, but the arrival of the $1 billion Evergreen Line by 2016 could change that, according to Munro. He notes that Cressey Development Group, as part of its threephase Metropolitan complex in Coquitlam’s Town Centre, is planning a nine-storey office building, the tallest in the city. Bosa Properties also has sketched offices into its mixed-used Evergreen project and at least two other developers are considering blending offices into their residential-retail plans, McIntyre says. “If it wasn’t for the Evergreen Line we would not be building the office tower,” says Hani Lammam, Cressey’s vice-president of development and acquisition, “Transit is crucial.” He expects the 65,000-square-foot M-Pro tower to break ground early in 2014. Coquitlam, meanwhile, has leveraged its residential rezoning density bonus formula to pump millions of dollars into transit. Cressey, for example, was allowed maximum density on its site by paying the city a fee that helped build the Evergreen’s Lincoln transit station at Pinetree Way, just steps from the Millennium complex and valued at around $27 million. “We wrote a cheque for 50 per cent of the land lift [value],” Lammam said. Coquitlam Mayor Richard Stewart says the density bonus payments are part of a transparent approach to development. “Developers know upfront exactly what their costs are.” The kicker, though, is that density bonus payments are not charged for commercial projects. “We hope this incentive will


Coquitlam

Invest, Innovate, Grow

>a Opn]pace_6 Locate Your Office on the Evergreen Line The $1.4B Evergreen Line project, slated for completion in summer 2016, is driving investment and development into the Burquitlam, Lougheed and City Centre areas of Coquitlam. The extension of SkyTrain rapid transit will enable residents and businesses to connect quickly with communities across Metro Vancouver.

Pn]joep)Kneajpa` @arahkliajp Opn]pacu aj]^hejc `arahkliajp pk _]lep]heva kj kllknpqjepeao ]nkqj` bqpqna op]pekjo* Kllknpqjepeao bkn ieta` qoa ]j` kbÙ_a `arahkliajp ja]n naoe`ajpe]h ]na]o ]j` ]iajepeao* MJap ) ] 2, gi Ù^na klpe_ japskng pd]p lnkre`ao ^qoejaooao sepd hks)_kop( decd)olaa` ^nk]`^]j` oanre_ao* A]ou ]__aoo pk pda Iapnk R]j_kqran( QO ]j` =oe]j i]ngapo* H]nca( ogehha`( decdhu a`q_]pa` h]^kqn bkn_a* Open, accessible, progressive municipal government.

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Coquitlam is the first stop at the southern end of the expanded Port Mann Bridge | TRANSPORTATION INVESTMENT CORPORATION

encourage more office buildings,” McIntyre says. “You need places for people to work as well as live.” The suburban community is quickly clearing and wiring the stage for more commercial projects. Coquitlam is the first city in North America with its own extensive fibre optic wiring, known as Q-Net, which allows businesses to link into super fast Internet and core networks. As well, the

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city recently eased its requirements for industrial land. “Now you can use industrial land for just about anything,” Stewart says, suggesting some older industrial sites near Port Mann Bridge access could be bulldozed for mixed-use projects. “There are a lot of potential office sites in Coquitlam,” Lammam agrees, “but it all hinges on the timing of the Evergreen Line.” ■


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TOWERING CHINA BOMA TOUR REVEALS SCOPE, POTENTIAL OF WORLD’S LARGEST OFFICE MARKET

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BY PAUL LABRANCHE

had the opportunity to meet with BOMA China representatives at the June 2012 BOMA International conference in Seattle. This chance meeting led to a follow-up request that I attend and speak at the September World Cities Commercial Buildings International Standard Forum in Beijing, China. I was honoured to be identified, along with several other Canadian representatives including BOMA Toronto president Chris Conway, as an international industry expert on building environmental standards. The 54-storey headquarters for China Central Television in central Beijing contains 5.1 million square feet of space | BOSA CHINA

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China’s port city of Tianjin plans for 170 new commercial towers to be built within three years | The purpose of the forum was to stimulate discussion amongst Chinese real estate professionals on attracting international Fortune 500 companies to the renowned Chaoyang Business District of Beijing. The focus was on the importance of international standards when leasing to multi-national tenants. The forum took place at the famous Chaoyang Museum of Urban Planning and our feedback indicated the event was considered a success. Following the forum, we were shown five-year development displays of 10 different geographical zones all within Beijing. The number of projects planned is staggering. The five-day trip was jam-packed with continual meetings scheduled, outside the forum, with key government officials. One excursion took us on a half-hour Bullet Train ride to the port city of Tianjin, a tier-two city with an urban population of only about 12 million. Tier-one cities like Beijing, Shanghai and Chongqing have in the order of 20 to 28 million. Tianjin is the largest container port in China (fifth biggest in the world) and currently undergoing massive but controlled development. I was advised that 170 new commercial buildings (40 to 105 storeys high) were to be completed within three years. We met with local government reps at one particular Tianjin strata-title office park that was 50 million square feet in size – new and almost fully occupied. This one complex is larger than all the office space in Metro Vancouver (45 million square feet). I had been to Hong Kong in the past when it was still a British colony but this was my first time in Mainland China. One reads 18

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BOSA CHINA

and hears about how fast the economy in China is growing, but you really need to see it to believe it. Some general observations ■With a population of 1.3 billion, China’s biggest asset and its biggest challenge is its people. The country is rapidly urbanizing. It’s expected that by 2025 over 200 cities will have at least one million people. ■The commercial buildings toured were built to the latest international architectural and engineering standards. The Chinese government is reaching out to foreign and local investors by offering many corporate and development cash incentives. Apparently, interest has been expressed in entering some of these buildings for a BOMA TOBY award. ■The commercial buildings stock is relatively new, with most built within last 20 years. I sense some challenges ahead in China with maintaining such a huge building stock to its full life cycle under a system of public sector land ownership. I also think there are great opportunities for Canadian property management expertise. As a result of this trip, several opportunities for BOMA BC and BOMA Canada to work more closely with BOMA China arose. Some ideas are now being explored but a closer relationship with BOMA China will be established for sure. ■ Paul LaBranche, executive vice-president, BOMA BC


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Every shared office space has its own vibe; the HiVE Vancouver is geared toward “younger tenants who feel comfortable with the concept of co-working” | HIVE VANCOUVER

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WORKING TOGETHER

MORE THAN RENTABLE DESKS, SHARED OFFICE SPACES OFFER SUPPORT, NETWORKING OPPORTUNITIES AND, FOR SOME BUSINESSPEOPLE, COST SAVINGS

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BY NOA GLOUBERMAN

ired of working at home and in coffee shops, journalist Danny Bradbury leased a heritage building in Vancouver’s Gastown in 2011 and rented desks – plus access to network, fax and printing facilities – to other contractors and entrepreneurs. Beyond the shared workspace, Bradbury says The Office – with hardwood floors, vaulted ceilings and capacity for 25 – aimed to create a “collaborative working community” of likeminded individuals who could encourage and support each other’s success. “We really built a core family of people … doing essentially the same stuff,” he says. “They’re … trying to grow their businesses [and] get new clients. They’re all facing the same common challenges, so we bonded.” Unfortunately, The Office closed its doors just as this magazine went to press. “It was just me running the show,” Bradbury explains. “I wasn’t generating much profit [and] I wasn’t able to pay myself.” He says there are many logistics involved in running a shared office space – things like marketing, hiring cleaners and dealing with landlords. “If the Internet goes down you have to be around to sort it out,” says Bradbury. “Also, the nature of the clientele, mostly freelancers, means constant turnover. It’s a matter of managing all that and making it float, which can easily be a full-time job.” While Aaron Cruikshank, executive director at the HiVE Vancouver, agrees that managing a shared workspace isn’t straightforward, in his view the main obstacle is “people not getting what this is.” “They’re just not used to the term ‘co-working,’ so there’s an education process that needs to take place,” he explains. “But once they get it, it’s an easy sell.” Launched in 2011, the HiVE has grown from four unrelated businesspeople sharing office space to 70 artists, designers, small social enterprises, IT experts, startups and independent contractors renting desks by the hour, day, month or longer. Demand’s been so great, Cruikshank will soon be “out of space and forced to go into a wait-list situation.” “Our claim to fame and something we put a lot of effort into is being a vibrant community where our members actively engage with one another,” he says. “Our model is about building community, socializing and networking. That, in part, makes us

The risk factor with shared office space is low, so transitional situations work really well

[] IRENE BARR CO-OWNER, ELITE BUSINESS CENTRES

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Business Centres owners, Barr says her clients appreciate the ability to rent office, boardroom and meeting space in shared workplaces across the Lower Mainland. “We have six offices that clients can use, so maybe they’ll work one day in Coquitlam, a couple in Vancouver and a day in Burnaby,” she says. “It gives them an opportunity to have several business addresses and reach out to clients in different communities.” That flexibility allows many of Barr’s tenants to “grow their business to the point that they eventually outgrow our space.” “The risk factor with shared office space is low, so startup and transitional situations work really well,” she says. “For Danny Bradbury shut down The Office after battling high turnovers, low profits and example, we can set someone up with an challenging logistics | DOMINIC SCHAEFER PHOTOGRAPHY instant office and give them a month-toviable and sustainable, and our business continues to stabilize month arrangement if they’re not sure their business is going to be successful.” and grow.” On the other hand, some clients have been with Elite for decades, Cruikshank says every shared office space has its own vibe. “Most younger tenants are under 40 and cool with the idea of choosing to continue sharing a workspace over managing an sharing everything,” he says. “Some older tenants may be of office of their own. “We offer various business services, like mail handling, telethe mindset that ‘I need a door that locks.’ And there are shared phone answering, computer work and marketing, so we’ve had workspaces in the city that can certainly cater to that.” Irene Barr counts lawyers, accountants, counsellors and tenants with us for over 20 years,” Barr says. “It’s so cost effective other professionals among her tenants. One of four Elite and convenient, they don’t ever worry about going outside.” ■

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MIX IT UP

BENEFITS – AND CHALLENGES – WITH MIXED-USE DEVELOPMENT

M BY NOA GLOUBERMAN

ixing office with residential and, often, retail and recreational space may be common practice in Metro Vancouver, but doing it successfully isn’t easy. Gregory Henriquez, principal and lead architect at Henriquez Partners Architects, says the speed at which mixed-use projects are going up throughout the Lower Mainland means increasingly innovative and sophisticated solutions are required to blend spaces meant for very different purposes. “We are tackling more complex projects every year,” says Henriquez, whose design for Telus Garden, co-developed by Telus and Westbank Projects Corp., will create half-a-million square feet of best-in-class office space and 500 residential units, plus retail shops, a fitness facility and a restaurant, in downtown Vancouver. Slated for completion by 2015, the $750 million development, bounded by Robson, Georgia, Seymour and Richards streets, will

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Besides 50,000 square feet of Class A office space, 3 Civic Plaza in Surrey will include 330 living units and a 144-room hotel, all accessed through a single lobby | COTTER ARCHITECTS


boast a slew of features meant to decrease the building’s overall impact on Mother Nature as well as increase worker productivity in its 22-storey LEED-platinum office tower. “When you have people working, living, shopping and engaging in cultural and recreational activities all in the context of one block, it can really make the city come alive,” he says, but “you have to find a way to marry these different forms into something that’s efficient and economical.” While the practicality of mixed-use development in a city with limited – not to mention expensive – real estate is difficult to dispute, blending spaces meant for vastly different purposes in a single site has its share of challenges (density, noise, foot traffic and creating a division between work and home life come to mind). Creating a community Gregory Henriquez, principal and lead architect, Henriquez In Surrey, Cotter Architects principal Patrick Cotter has decided Partners Architects: “when you have people working, living, to meet the mixed-use challenge head-on in his design for the shopping and engaging in cultural and recreational activities all city’s first combined commercial, hotel and residential project, in the context of one block, it can really make the city come alive” 3 Civic Plaza. Besides 50,000 square feet of Class A office space, 3CP will include 330 living units and a 144-room hotel accessed cafés, medical services and a fitness centre meant, in part, to bridge the complex’s mixed uses. The retail space will also prothrough a single glass lobby. Much like a “great room,” Cotter says, the massive entryway vide SkyTrain access to residents and workers in the surrounding neighbourhood. is meant to unite, rather than try to divide, the vari“All of our uses will access that [High Street], inous tenants – homeowners, office workers and hotel You have to cluding transit, the office component, the cinema guests – who will eventually use the space. and the housing units,” PCI president Andrew Grant “This was an intentional strategy to create a socially find a way to told the Globe and Mail. “They’ll all come through dynamic space that will animate the new civic plaza,” marry these the centre of the site and maximize concentration of he explains. “The lobby is a hub that connects all the foot traffic through that area, which will be people uses of the building.… On the surface this may not different forms friendly and conducive to interaction. It will help seem like much of an ‘innovation,’ but a shared lobby into something integrate use and break down scale.” fundamentally changes the way people interact with Maintaining a sense of community seems an each other.” that’s efficient essential part of mixed-use design. According to The creation of community also seems to have and economical UBC associate sociology professor Richard Carpiano, trumped any challenges that breaking ground on its however, creating a true neighbourhood comes mixed-use project at Cambie Street and Marine Drive down to how residents use the space. may have presented Vancouver’s PCI Group. “You can facilitate people getting out and walking Marine Gateway, with 415 residential units, 230,000 GREGORY around but you can’t take the human element out,” square feet of retail and a 250,000-square-foot office HENRIQUEZ he says, adding that “certain designs may be more complex, is scheduled for completion in 2015. PRINCIPAL AND LEAD conducive to interaction between different types of Centred around a Canada Line station, Marine Gate- ARCHITECT, HENRIQUEZ users, which is what makes a community. way’s residential and commercial spaces will be con- PARTNERS ARCHITECTS “It’s a tricky thing and designers can only do so nected by a “High Street” – a shopping plaza featuring much,” Carpiano says. ■ an 11-screen movie theatre, supermarket, liquor store,

[]

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BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

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EXTREME ( MONEY-MAKING) MAKEOVERS

UPGRADING AGING OFFICE TOWERS CAN TURN OLD TO GOLD

U BY FRANK O’BRIEN

595 Howe Street, Vancouver: This 30-year-old Class B office tower underwent a complete retrofit. All heating, cooling and lighting was replaced and new digital control systems put in place. Result: A 32 per cent annual saving in energy costs, and a 618-tonne reduction in greenhouse gas | LARRY O’BRIEN 26

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

pgrading the 18-year-old lighting system in the 60,000-square-foot Vancouver Coast Health office building in Vancouver will result in the $80,000 upgrade being paid back in less than two years. “It goes right to the bottom line of the tenant’s operating costs,” says Kim Lem, real estate manager with Wesgroup Properties, the building owners. “After two years, the energy and utility cost is taken care of.” Wesgroup also benefitted, with both a happy client and a BC Hydro Power Smart rebate worth about 30 per cent of the upgrade. “We are now looking at four other older office buildings for lighting and gas boiler retrofits,” Lem says. There are such opportunities across Metro Vancouver, according to Lorina Keery of the Building Owners and Managers Association of BC (BOMA).


The region has 1,697 high and mid-rise buildings that are more than 30 years old, a few hundred that date back more than 80 years and another 381 that were built between 1990 and 1999, according to Keery. There are at least 5,000 more such aging towers across Canada. In Vancouver, they represent 98.5 per cent of the commercial space. “A staggering number of these buildings are in need of complete retrofits if they are to continue to perform efficiently and remain attractive to tenants,” Keery told a 2012 meeting organized by Vancouver’s Lighthouse Building Centre. The seminar, Extreme Makeovers: Whole Building Retrofits, featured a panel of building owners, property managers, energy experts and architects who have worked on taming the old energy hogs. The aging buildings are often heated with rugged but wasteful old boilers, cooled inefficiently, and lack control systems and need lighting upgrades. They also waste a lot of valuable lease space, the audience was told. Bryce Conacher, manager of the Renew program with Ledcor Construction, said bringing the aging inventory up to modern energy-saving standards is an investment, not a cost. “This is the new resource, the resource for the next decade. Mining that resource for energy savings and other opportunities is the real payback,” Conacher said. The per-square-foot productivity of an old building can be dramatically improved with a “deep green” upgrade, he noted. It is Ledcor Renew’s contention that, instead of “chipping away” at an older building by slowly replacing old heating, cooling and lighting equipment, it is best to do the entire upgrade at once and put in modern control systems to make it all work together. T his is not always an easy sell, but Ledcor has documented that the average return on investment for a wholebuilding retrofit is 9 per cent or better. More leaseable space In one case study, a $22 million retrofit and energy-saving program in a 22-storey, 40-year-old office tower to LEED silver pencilled out to a 17 per cent return on investment. And it was not just in energy savings. Not u ncom mon i n old towers, the existing HVAC hardware took the entire

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two top floors of the building. By upgrading to efficient, compact heating systems, an entire floor was freed up for leasable space, Conacher said. “The value proposition is that, instead of improving the bottom line through acquisition, look into the existing portfolio and mine that asset,” Conacher said. The expert panel also included Derek Page of building owner and developer Oxford Properties, property manager Jim MacKenzie of Colliers International and Toronto architect Paul Gogan of B+H Hunting Coady, which led the $130 million retrofit of the 75-storey First Canadian Place in Toronto. It is not cutting-edge green construction that is the key to turning old Class B

Bryce Conacher, manager of the Renew program with Ledcor Construction: Average payback is 9 per cent | LEDCOR CONSTRUCTION

space into Class A inventory, the experts say: it is replacing old equipment and getting the tenants to buy into an energysaving attitude. Such changes aren’t sexy like green roofs or solar panels but they can deliver a much better return, MacKenzie explained.

On rooftops, it is more efficient to add improved insulation than opt for solar heating panels or planted materials, the panel agreed. The experts also noted that it is often not worth the cost of replacing existing glazing, as long as it is in good shape and at least double-paned. MacKenzie, whose company manages 47 million square feet of commercial space around the globe and often consults on retrofits, said the energy saving usually focuses on boilers, coolers and lighting, where the payback can be measured and immediate. He said many builder owners are rightfully wary of fancy new green technology. “Some of this is obsolete before it is paid for,” MacKenzie said.

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Simple is better MacKenzie said simple solutions can provide big savings. Oxford Properties discovered this when it embarked on the whole-building retrofit of the 45-year-old Guinness Tower on West Hastings Street in Vancouver, part of redevelopment of a block that includes the historic Marine Building and a new LEED-rated office tower. By just upgrading lighting in the underground parking with occupancy sensors – a $20,000 expense – Oxford saved $4,075 per year. In the Guinness Tower computer room, the air conditioning units were unhooked from domestic water and replaced with more efficient coolers. This cut water usage by 53 per cent. All the panelists agreed that any energyefficiency upgrades must include an attitude adjustment by the building’s tenants. This means education on such things as simply turning off lights and computers when not in use and accepting central control of heating and cooling systems. ■

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SELLING SPACE

STRATA OFFICES MAY PROVE MORE POPULAR WITH INVESTORS THAN USERS

M BY PETER MITHAM

etro Vancouver is home to few head offices, and the average office user requires just a few thousand square feet. The phenomenon is significant enough that Oxford Properties Group designed its new tower at 1021 West Hastings Street with small floor plates catering to the demand. But for professional firms strata space is an emerging alternative to leasing space. Investors, eying steady returns, are also awakening to the potential of owning strata offices. “Vancouver’s [never] been a head office city,” says Raymond Choy, vice-president of Wesgroup Properties. “You’ve tended to have users of less than 5,000 square feet.... And a lot of professionals want to own their own space.” Bearing this in mind, Wesgroup included 46,000 square feet of strata office space in its Brewery District development near New Westminster’s Royal Columbian Hospital. Completed in 2009, more than 75 per cent of units were sold by spring 2013. “What we’ve seen is a lot of medical practitioners have figured out, instead of paying the landlord over 20 years, why don’t I pay myself?” Choy says, noting that professionals can buy through a personal corporation that allows them to write off a significant portion of expenses while building equity in their practices. Choy says some Brewery District units were outfitted for users while others were sold as bare shells starting above $450 a square foot. A finished unit can fetch closer to $800 a square foot. Choy sees opportunities for strata to become as significant in the office sector as it has to industrial users, where CBRE Ltd. reports that strata sales have consistently ranged between 60 and 70 per cent of all industrial sales for the past decade. “I don’t think a lot of developers have caught on to strata office space,” Choy says, adding: “There is quite a bit of demand for strata office space for investors.” Given the small space requirements of tenants in Vancouver, investors typically don’t have to worry about new strata space leasing up.

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Alex Messina, broker, Avison Young: right downtown space a good buy, even at $850 per square foot, such as at the Terminal Club | DOMINIC SCHAEFER PHOTOGRAPHY

BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

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“It’s hugely popular. We don’t have a vacant building; pretty much as soon as they’re built they’re occupied,� says Ken Armstrong, co-owner of Re/Max Property Management in Richmond. Armstrong sees users extending beyond simply professional firms, however. For example, Beedie Group, an experienced strata industrial developer, has brought forward warehousing facilities with office space. “It’s hugely conven ient for a lot of shipping-receiving companies around the port, because they can now put their offices right near their shipping centres,� he says. Surrey and Delta have also seen the potential for industrial-office strata projects, which are also popular in transitional areas of Richmond, Vancouver and North Vancouver, where they bridge residential and commercial areas. Armstrong believes there’s room for strata office space to grow, but not necessarily to the same extent as industrial stratas. “T he office-industrial is such a big portion, I’m not sure it will ever catch up,� Armstrong says. “There’s a lot of

It’s hugely popular. We don’t have a vacant [strata] building; pretty much as soon as they’re built they’re occupied

[] KEN ARMSTRONG CO-OWNER, RE/MAX PROPERTY MANAGEMENT, RICHMOND

businesses in that five- to 10-person cusp that need to expand or need to have their own space. And after they shut down their business, they might have some income from a rental unit.� Terminal velocity The appeal of office strata appears to be broadening. A firm serving the mining industry bought 2,428 square feet in the Terminal City Club Tower at 837 West Hastings Street in Vancouver, a transaction valued at more than $2 million, or $850 a square foot. “The demand for that listing was actually really surprising, given the size of it,� says Alex Messina, the listing broker

with Avison Young. “There’s a number of strata projects within the downtown, but the particular appeal of that listing was that the space was smaller.... [And] with interest rates being as low as they are, there was very good interest from the user market.â€? While strata offices exist at 938 Howe Street, many units on the downtown peninsula lack the feel of a traditional office because they’re within residential buildings or alongside other uses. This wasn’t the case at the Terminal City tower. “When you go into the Terminal City Club, you get that allure of a nice lobby. There’s a perception that you’re in a traditional office building,â€? he says. But price is key. Messina says $2 million for downtown office space was “palatableâ€? for a user, delivering an appropriate amount of space for an investment that wouldn’t break a small business’ budget. Combined with mortgages at attractive interest rates that help small business keep costs in check, strata office space is favoured. “The total amount of equity that they’ve got to put up is not prohibitive,â€? Messina says. â–

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Chuck We, leasing director, Oxford Properties: Tenants have been drawn by views, natural lighting, and elements that promise lower energy costs | DOMINIC SCHAEFER

INSIDE THE MNP TOWER SMART, SUSTAINABLE DESIGN

CONTRIBUTES TO TENANT SAVINGS

W BY PETER MITHAM

hen it was officially announced in 2011, as the recession shrank in the rearview mirror, the tower Oxford Properties Group is developing at 1021 West Hastings Street was touted as offering small floorplates that would meet the demands of smaller tenants. It seemed a wise move: The slim structure rising adjacent to the landmark Marine Building was hedging against further economic turmoil that might make companies cautious about expansion while bringing much-needed new product to a market where the average triple-A building was 22 years old. BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

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MNP Tower: Triple-pane curtainwall will be coated with baked-on ceramic dots that diffuse light, helping to lower the load on the building’s mechanical systems | OXFORD PROPERTIES GROUP

Today, just two years on, cost-saving design features have trumped floorplates in tenants’ minds. While the building entered 2013 with lease agreements in place for 70 per cent of its space, leasing director Chuck We say tenants have been drawn by views, natural lighting, and elements that promise lower energy costs. The 35-storey project – known as MNP Tower on account of its initial tenant and lead occupant, business consultancy MNP LLP – aims to achieve LEED Gold certification for its core and shell when it completes in 2014. But it’s the many details New York architects Kohn Pedersen Fox (KPF) incorporated that work toward LEED certification – such as efficient glazing and separate mechanical systems for each floor that let tenants control energy use and operating costs – which are attracting tenant interest. Green features are “becoming fairly typical,” says Josh Chaiken, a principal of KPF, but they remain a selling point. “Many tenants like to feel they’re in a state-of-the-art building, and [LEED Gold] is one way of confirming that your building is state-of-the-art,” he says. And, in the case of MNP Tower, it’s quite true. Innovative glazing Triple-pane windows on the south and west facades are coated with a pattern of baked-on ceramic dots that diffuse light, helping to lower the load on the building’s mechanical systems. Since each floor has its own mechanical room, the climate on each floor of the tower can be adjusted to suit tenants’ needs. “The mechanical rooms exist floor by floor, rather than in a central location,” explains Jonah Hansen, an associate principal with KPF. “That allows for the outside air to be supplied at every floor, rather than bringing the air all the way through the tower by additional ductwork.” While a curvaceous design responds to neighbouring buildings – including the Guinness Tower at 1055 West Hastings 36

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spread out over more floors; the upside is that everyStreet and the Marine Building at Hastings and Bur- Many tenants one feels like they’re getting more natural light,” he rard – angled curtain walls added to the project costs, like to feel says. “Bigger floorplate buildings, when you get into requiring faceted glass and greater design work. the centre, tend to be more like a cave. We’re looking However, the design permitted greater natural light- they’re in a for the non-cave experience.” ing of each floor – something the smaller floorplates state-of-theThe evolution from cave-like buildings into a sleek facilitated even though many tenants will be spread new tower also demonstrates the efficiency with over several floors. art building which Vancouver is using its urban landbase, Chaiken “Those larger tenants are getting multiple floors, but notes. each of their floors are presumably higher quality,” Chaiken says. JOSH CHAIKEN “Surgical densification” This is a point that We works hard to sell to proPRINCIPAL, KOHN Rather than develop on the margins of the city, spective tenants. PEDERSEN FOX Chaiken says, Oxford chose to make better use of an We says green features are high on the list of any existing site in the city’s core. This helps to reduce the tenant, but many are hooked when they learn they’ll end up paying only for what they use rather than a portion of the energy footprint of the city as a whole by placing job space near where people are living, and near transit connections for those entire building’s consumption. “The size of the floorplate was actually our one handicap,” We who need to commute. “Densification, if it’s done well, if it’s planned well, creates a says. “Tenants don’t generally spend a lot of time thinking about how a building should be designed, but when we can articulate to more sustainable city,” he says. In the case of 1021 West Hastings Street, the site shows how them exactly the benefits they’re going to get through a greener buildings in the city have evolved. design, they certainly appreciate it more.” “It’s a surgical densification,” he says. “You’re fitting this [new] Tenants besides MNP that have signed lease agreements to date include real estate brokerage CBRE Ltd., tech firm Dassault office building in between two existing office buildings. And they’re all separated by 40-year [development] cycles – 1920s, Systèmes SA, and app developer Atimi Software Inc. While the location and look of the building appealed to MNP, the 1960s and the early 21st century.” But the building hasn’t forgotten its context. greater control over its working environment was a clincher. To make better use of the site available to the project, the design “Our staff, our team members, in order to be engaged, are looking for those things in order to see how they personally and as a of the base of the tower includes a connection with the Marine team can contribute to the whole effort to be sustainable,” says Building, a registered heritage property. The two buildings will Mackenzie Kyle, regional managing partner for advisory services share facilities, reducing space lost on site to the interface between the two buildings. The back lobby of the new tower will in British Columbia with MNP. “The ability to have a little more influence ourselves is important, open into the existing lobby of the Marine Building, while access to underground parking facilities will be easier. and that should hopefully translate into saving money.” MNP expects to locate at least 250 people in the new space. “We’re [also] able to now develop about 25,000 square feet of While having the team spread out across nine floors may not retail which wouldn’t have served the [Marine] building on its sound ideal in terms of working arrangements, Kyle expects work- own,” We told a meeting of commercial real estate association NAIOP last year. “Now that it’s part of the complex we’re able ing conditions in the building to make for a happier workforce. “The downside of a small floorplate is that you’re going to be to do something with it.” ■

[]

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TAXES

A

s many new developments within the City of Vancouver involve rezoning, a discussion of Community Amenity Contributions (CACs) is critical to understanding total land costs toward redevelopment. The development community has advocated that flat-rate CACs (as compared to the negotiated approach) are imperative to providing clarity to vendors and purchasers of development land. Are flatrate CACs the way of the future for Vancouver? This discussion should start with some background information. CACs are in-kind or cash contributions provided by property developers when City

BY BRADY FLEGUEL

i nvolve a negotiated CAC based on a percentage of the land value “lift” between the current and rezoned valuations. Non-Standard CACs typically represent 70 to 80 per cent of the increase in property value and take into consideration development risks, public interests and a reasonable developer profit. It is the City’s policy to use Non-Standard

COMMUNITY AMENITY CONTRIBUTIONS Flat-rate CACs would provide greater clarity for Vancouver developers Council grants development rights (i.e. typically increased density) through rezoning. CAC funds are typically used for parks, libraries, childcare facilities, community centres, transportation services, cultural services and neighbourhood houses. CACs are in addition to Development Cost Levies (DCLs) where applicable. The majority of rezoning applications in the City are subject to CACs, which can be classified two ways: “Standard” and “Non-Standard Rezonings”. Standard Rezonings use a flat rate approach ($3.00 per sq.ft. to the net increase in density as a result of the rezoning) and generally apply to smaller projects outside the Downtown. Non-Standard Rezonings Address Developer 4533-4591 Cambie St Intergulf 6361-6385 Cambie St Wanson 4837-4861 Cambie St Mosaic 8018-8136 Cambie St Intracorp 8440 Cambie St PCI 6309-6337 Cambie St Cedar Development 40

Rezonings for larger sites (over two acres), changes of use from industrial to residential and any rezoning in the Downtown area. Council has the authority to dictate whether a site’s CAC will be flat rate (Standard) or negotiated (Non-Standard). Non-Standard Rezonings tend to be a heated topic, with the “Cambie Corridor” receiving significant attention since its approval in May 2011. All rezonings within the Cambie Corridor are negotiated with a priority of achieving 20 per cent of proposed units as affordable rental housing. It is possible to locate said rental housing offsite; however, this would require a larger CAC. It is interesting to note that with half of the negotiated CACs within the Cambie Corridor, the developer has opted for a

Policy date Jan 13 Jan 13 Nov 12 Feb 12 Jun 11 May 11

“The development industry is watching this very closely”

larger cash contribution in lieu of providing affordable rental housing within their project. Thus far, the City has collected at least $10 million dollars for the Affordable Housing Fund th rough Ca mbie Corridor CACs. Below is a list of the CACs negotiated (based on the net increase to density) within the Cambie Corridor. (The CAC is calculated on buildable square foot or Bbl.) Has the negotiated approach to CACs stagnated development within the Cambie Corridor and dissuaded developers to build in the City? Probably. But we may never know, given the many factors involved. I can say that a number of our clients were apprehensive to buy land in the Corridor prior to seeing results from the first CAC negotiations. Here are the facts: of the 39 rezonings in the City of Vancouver since May 2011 (the approval date of the Cambie Corridor Policy), only four have been within the Cambie Corridor. During the same timeframe nine sites in Downtown and six sites in Southeast False Creek (SEFC) were rezoned. Now consider the future. The Cambie Corridor has nine applications in the process while Downtown and SEFC have 17 and two applications respectively. I expect that land constraints in SEFC have limited the number of rezonings in that area and we must consider that four of the Downtown applications are as a result of the race to build office space. Does the increased number of applications mean that developers are more confident to redevelop

Rezoned FSR CAC CAC/Bbl Comments 2.50 $7,475,000 $58.86 *CAC adjusted for sewer upgrade of $975,000 3.29 $2,664,000 $53.62 2.05 $1,020,500 $35.60 Six market rental units plus cash CAC 5.80 $5,600,000 $16.40 110 market rental units plus cash CAC 4.17 $7,434,000 $30.18 46 market rental units plus cash CAC 2.90 $2,200,000 $52.56

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION


within the Cambie Corridor? Possibly, since the negotiated CACs for rezoned projects with rental units offsite is relatively consistent (shown at $53 to $59 per sq.ft. buildable on list). It is also worth noting that at least seven assembled sites in the Cambie Corridor have traded hands in the past 12 months, as compared to four during 2011. Flat-rate CACs? Will the City focus more on flatrate CACs in the future? Flatrate CACs are challenging since the total expected revenues must sufficiently cover the (partial) cost of new amenities, but not be so high as to deter rezoning and redevelopment. The development industry is watching this very closely. In January 2013 the City announced f lat-rate CACs at the Little Mountain Adjacent Area. Rezonings proposed for densities of 1.5 to 2.3 Floor Area Ratio (FAR) will be subject to

CACs of $23 per sq.ft. This rate is only applied to the net increase in floor space allowed by a new zoning. Perhaps this is a prelude to public benefit policies within future community plans. In the upcoming years it will be interesting to follow the six new community plans that are currently underway for the Downtown East Side, Grandview-Woodland, Marpole, Mount Pleasant, Norquay Village and the West End. ■ Brady Fleguel is a principal with Burgess, Cawley, Sullivan & Associates Ltd., a real estate appraisal and property-tax appeal firm. An accredited member of the Appraisal Institute of Canada, Mr. Fleguel has been involved in the land appraisal of a number of Vancouver master-planned communities, including the Village on False Creek and East Fraserlands. His work encompasses projects throughout British Columbia.

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TIME OF THE TOWERS

TWENTY NEW VANCOUVER OFFICE BUILDINGS IN NEW WAVE OF DEVELOPMENT

THE FIRST FIVE

The following are the first – and largest – new office towers coming to market within the next two years

V BY FRANK O’BRIEN

DEVELOPER: Aquilini Group SQUARE FT.: 110,7 60 of office in a 284,629-sq.-ft. mixed-use building STOREYS: 22 LOCATION: 800 Griffiths Way COMPLETION: 2015

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OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

ancouver is entering a new wave of office construction, the first in more than two decades, as developers plan 20 new projects in the city in the next few years. The downtown Vancouver office vacancy is around 3.4 per cent and the vacancy in the city’s top towers has dropped to 1.1 per cent, according to recent surveys. The Blue Chip Building Index, prepared by Jones Lang Lasalle (JLL), tracked a score of premier Vancouver office towers this year: it found that eight are 100 per cent leased and the remainder are close to full. Gavin Reynolds, JLL’s senior vice-president in Vancouver, notes that Vancouver’s top office buildings have the second lowest vacancy rate in Canada. The market “is screaming” for more Class AAA space, such as the LEED-standard towers now being built, says Mark Chambers, vice-president of leasing with Cushman &Wakefield. Maury Dubuque, Colliers International senior vicepresident of office leasing, agrees. “We track eight Class AAA buildings in Vancouver, and they will be, on average, 24 years old when the new downtown buildings hit the market,” he says. “The old design of perimeter offices and support staff in the interior without access to natural light – those days are all long gone.” There were office building booms in Vancouver during the 1980s and 1990s, and Dubuque says the city is in the midst of another one right now.


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Oxford Properties 270,000 35 1021 West Hastings St. August 2014

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PROPERTY MANAGEMENT

I

n today’s dema nd i ng rea l estate market, experienced property managers are highly valued and sought after. Commercial property management is big business and owners rely heavily on property managers to ensure that their valuable assets are being properly operated, maintained and well tenanted. Employers need to consider how to attract, nurture and retain quality talent who are passionate about property management in order to be competitive today and in the future. In Vancouver this issue is particularly relevant as this market faces two correlating factors. First, there are a high

BY RICHARD COSTELLO

or asset management but don’t often consider property management. I recently attended the UBC Student Presentations for NA IOP’s Paci fic Northwest Real Estate Challenge and was impressed with the passion and understanding of this complex industry. It is these students who represent

HIRING A PROPERTY MANAGER Headhunter tells how to attract and retain top talent percentage of baby boomers who will be considering retirement over the next decade. Second, with approximately 20 new towers penciled for development in the Greater Vancouver area over the next five years, the need for experienced commercial property managers is only set to increase. To address these needs, companies will have to develop, train and mentor their staff and expose them to the various facets of the business. In some local third-party management companies, employees have the chance to work with experienced senior management and gain insight into marketing, operations, leasing, financial reporting, vendor management, risk and project management. Experiencing this variety first-hand is very attractive to people entering the industry who have a thirst for learning. When dealing with new real estate graduates I often find that many are in search of jobs in development, leasing

the future and I wonder how successful some could be if they had the opportunity to learn about property management in this way. Property managers typically express a desire to become involved in interdepartmental meetings in leasing or development. This is especially true for those who have an interest in exploring other areas of the industry. Variety in the job is important and for some it can be achieved by managing a mixed portfolio. Many residential rental and strata managers often share an interest in opportunities that include a commercial component. Many of us have made a conscious decision to live in Vancouver, based on the lifestyle. It is understood that local opportunities for career progression can therefore be limited, especially as corporate offices are often based in Calgary or Toronto. With this in mind, it becomes even more important that employers try to provide property managers with variety and new challenges.

“Salaries in Vancouver do lag when compared with other major Canadian cities.”

Top up salaries In addition to career progression, employers should also address salary and benefits. Salaries in Vancouver do lag when compared with other major Canadian cities, as the latest Hays Salary Guide explains. Therefore companies that offer their managers the chance to top-up base salary with commission from lease renewals, project management fees or incentives for developing new business are more likely to retain top talent. Benefits are becoming key drivers for top talent. In my experience property managers are specifically looking for opportunities that offer RRSP matching and flexible work options. Companies that foster a culture of flexibility with regards to office hours are well received. Property managers who speak of being “trusted” to manage their time and get the job done are less likely to consider new opportunities. To be competitive in current and future markets, employers, if not already, will have to consider their benefit packages as sellable features for recruitment. Employers today have the opportunity to recognize these factors and put into place the necessary steps to ensure they can attract and retain top talent for years to come. ■ Richard Costello is a senior recruitment consultant with HAYS Recruiting Experts, Vancouver. Specializing in the real estate industry, Mr. Costello has years of recruitment experience in both Toronto and Vancouver. He can be reached at 604-648-4287, or through www. hays.ca

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BOMA-BC AWARDS HONOURS FOR BEST PROJECTS AND PEOPLE

The following buldings and companies have been named as finalists in the BOMA-BC Awards, with the winners announced at the Awards of Excellence Gala on May 15, 2013.

TOBY AWARD FOR ‘OUTSTANDING BUILDING OF THE YEAR’ FINALISTS ■ 1166 West Pender, managed by Triovest Realty Advisors (BC) Inc. ■ Broadway Tech Centre, managed by Bentall Kennedy (Canada) ■ Capilano Mall, managed by Bentall Kennedy (Canada) ■ Park Place, managed by GWL Realty Advisors Inc. ■ Ritchie Bros. Auctioneers, managed by GWL Realty Advisors Inc. ■ Robson Court, managed by GWL Realty Advisors Inc.

EARTH AWARD FOR ‘ENVIRONMENTALLY CONSCIOUS BUILDING’ FINALISTS ■ 401 West Georgia, managed by Oxford Properties Group ■ 885 West Georgia, managed by the Cadillac Fairview Corporation ■ 1188 West Georgia, managed by GWL Realty Advisors Inc. ■ Bayview @ Coal Harbour, managed by Gateway Property Management

PINNACLE AWARD FOR ‘INNOVATION AND CUSTOMER SERVICE’ FINALISTS ■ Concord Security Corporation ■ Paladin Security

BUILDING OPERATIONS TEAM OF THE YEAR FINALISTS ■ GWL Realty Advisors Inc. ■ Oxford Properties Group

TENANT IMPROVEMENT OF THE YEAR FINALIST ■ Oxford Properties Group 48

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Park Place, managed by GWL Realty Advisors Inc.


Capilano Mall, managed by Bentall Kennedy (Canada)

TOBY AWARD FOR ‘OUTSTANDING BUILDING OF THE YEAR’ FINALISTS

Ritchie Bros. Auctioneers, managed by GWL Realty Advisors Inc.

1166 West Pender, managed by Triovest Realty Advisors (BC) Inc.

Broadway Tech Centre, managed by Bentall Kennedy (Canada)

Robson Court, managed by GWL Realty Advisors Inc.

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Exchanging Old for New SwissReal Group has been specializing in property management since 1980. This year, we are proud to announce the launch of The Exchange, which will incorporate our Old Stock Exchange building at 475 Howe Street. theexchangebuilding.ca

EARTH AWARD FOR ‘ENVIRONMENTALLY CONSCIOUS BUILDING’ FINALISTS

;OL ,_JOHUNL 6MÄJL ;V^LY 475 Howe Street, Vancouver

Bayview @ Coal Harbour, managed by Gateway Property Management

1188 West Georgia, managed by GWL Realty Advisors Inc. (not shown)

401 West Georgia, managed by Oxford Properties Group

Contact Franz Gehriger for more information.

604-688-5311 fgehriger@swissreal.com Rendering is an artistic representation only & subject to change without notice. E&OE.

swissreal.com

885 West Georgia, managed by the Cadillac Fairview Corporation 50

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Touchstone Property Management Ltd. Commercial Office Industrial Retail Shopping Centers Strata Leasing Engineering Services Project Management

¼

Unprecedented Service

¼

Exceptional Solutions

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Unmatched Performance

THE TOUCHSTONE DIFFERENCE Members of BOMA, NAIOP, BCSCA, CHOA Donna McCrone, President Touchstone Property Management Ltd. #107 4585 Canada Way, Burnaby, BC V5G 4L6

dmccrone@touchstoneproperty.com www.touchstoneproperty.com 604-688-4340


PINNACLE AWARD FOR ‘INNOVATION AND CUSTOMER SERVICE’ FINALISTS

BUILDING OPERATIONS TEAM OF THE YEAR FINALISTS

Oxford Properties Group GWL Realty Advisors Inc. (not shown)

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Paladin Security Concord Security Corporation (not shown)


BESt BELIEVE IT

BOMA CANADA’S ENVIRONMENTAL CERTIFICATION PROGRAM HAS BUILDING OWNERS AND MANAGERS SEEING GREEN

I

BY NOA GLOUBERMAN

t’s been eight years since the Building Owners and Managers Association (BOMA) of Canada rolled out the first incarnation of its Building Environmental Standards (BESt) program, giving owners and managers a tool to benchmark their energy, water and waste programs. Today, BOMA BESt is the country’s largest environmental assessment and certification program for existing buildings. In January 2012, BOMA BESt Version 2 added new assessment modu les for mu lti-u n it residential buildings, streamlined administrative procedures and introduced a more rigorous set of requirements for new applicants and those seeking re-certification, ensuring the program keeps pace with the evolving real-estate sector. “We’re very pleased with the accompl ish ments of the program to date,” says Daniel Klemky, business energy adviser for BOMA British Columbia (BOMA BC). “We’ve had quite a successful year, with many applicants for certification and re-certification.”

The inaugural BOMA Energy Champion – Morguard Investments’ Chancery Place – reduced its energy consumption the most by implementing energy efficiency upgrades and programs | MORGUARD INVESTMENTS BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

53


What’s new? How it works The more Among the latest features around BESt is an e-Energy BOMA BESt works on a scoring system. Owners and Training course for building operators and engineers. managers are invited to critically assess six key areas building Introduced by BOMA in 2010, the online program of environmental performance and management in operators teaches participants to reduce energy consumption their buildings: energy, water, waste diversion and and greenhouse gas emissions (GGEs) in commercial site enhancement, emissions and effluents, indoor understand and institutional buildings. environment, and environmental management. about “The more building operators understand about manWith four levels of certification, owners and managing their facilities, keeping environmental aspects agers can work their way up the BESt ladder by con- managing in mind, the better,” says Klemky. “You gain points tinually lowering their environmental footprint. From their facilities, in BESt if you provide managers with certain types of performing energy and water audits to installing training, and this course can count toward that.” energy-efficient lighting to implementing recycling keeping programs to training maintenance staff in environenvironmental UTrack mental best practices, the program provides the opportunity to run ever cleaner, greener buildings. aspects in mind, He also points to a utility monitoring system recently procured by BOMA BC. Designed by Burnaby’s Prism Bragging rights aside, BOMA BESt participants the better Engineering and on offer to members at preferred enjoy increased cost savings each time they advance pricing, the cloud-based software, called uTrack, can a level of certification. According to the latest (2011) help reduce energy costs and track GGEs in commerBOMA BESt Energy and Environmental Report, the cial and institutional buildings. Another benefit of the program’s helped many owners and managers reduce DANIEL KLEMKY software, whose users include the B.C. Institute of their operating costs through greater energy and BUSINESS ENERGY Technology, Whistler Blackcomb and Vancity, is 24-7 water efficiencies. ADVISER, BOMA BC access to up-to-date energy consumption data. In fact, BESt-certified office buildings have bet“BOMA uTrack helps you interpret the most current utilities data ter energy performance than the national average identified by Natural Resources Canada, with Level 2–certified buildings available so problems can be identified and corrected sooner, which performing 6 per cent better, Level 3 buildings 18 per cent bet- saves energy,” explains Prism president Robert Greenwald. ter and Level 4 buildings nearly 50 per cent better than average. “We believe it will help our industry better control their costs,” he confirms. “In fact, uTrack is a key component of our

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“The Guinness Tower, managed by Oxford Properties, won our first Energy Management Program Challenge by encouraging tenants to shut off their computer monitors”

[] DANIEL KLEMKY BUSINESS ENERGY ADVISER, BOMA BC

Memorandum of Understanding with the Ministry of Energy and BC Hydro to achieve long-term energy reduction targets.” Klemky adds that recent updates to the BOMA BC and BOMA BESt websites make finding information about and for the commercial real estate industry, as well as applying to the BOMA BESt program, easier than ever. BESt in B.C. As of February 19, 2013, 220 buildings in B.C. were certified through BOMA BESt. Though only a handful have achieved Level 4 certification to date, Klemky says BOMA BC recognizes owners and managers who are working to make their properties more efficient through several other initiatives. “For example, the Guinness Tower, managed by Oxford Properties, won our first Energy Management Program Challenge by encouraging tenants to shut off their computer monitors,” he says. “They also held an awareness campaign that saw the use of space heaters within tenant spaces reduced by 43 per cent.” BOMA BC also introduced a new award to honour Energy Management Program (EMP) participants at its 2011 Green Building Gala. The inaugural BOMA Energy Champion – Morguard Investments’ Chancery Place – reduced its energy consumption the most by implementing energy efficiency upgrades and programs with help from the EMP team. “It’s great to see building owners and managers in B.C. continually striving to reduce their environmental impact,” Klemky says, adding that BOMA BC likes to lead by example. “We look at our own business to identify ways we can be more sustainable, like setting up an organics-recycling program in our office. It’s important to practise what we preach.” ■

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We are We’ll help your business security run safer, smarter and

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SMART SECURITY IS A COMBINATION OF ONSITE MUSCLE AND ALL-SEEING TECHNOLOGY

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BY FRANK O’BRIEN

uilding security has become synonymous with high technology but some experts caution that nothing takes the place of boots – and muscle – on the ground. Ishwinder Singh, president of Unicorn Security of New Westminster, recalls securing an office construction site where the client had been relying on surveillance cameras. “The cameras had to be moved with the construction process,” he says, “but the information they were getting from the monitors, by the time they were checked and acted on, was too slow.” BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

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replace some security staff and the need for a lot of cameras. The latest generation of Avigilon HD cameras are equipped with night vision sensors and can zoom in from great distances. “One of these cameras can cover the entire lobby of an office building, or the exterior of a building, where a number of olderstyle cameras would be needed,” explains Rick Ramsay, Avigilon’s senior project engineer. Ramsay concedes that monitoring staff remains important. The cameras can stream images to any location in the world, he says, but it is the person watching the screen who decides on what action is taken.

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Singh planted a 24-7 security guard on the site and problems with petty theft disappeared. “The cost was comparable to the work involved in moving and monitoring the surveillance cameras.” Still, Unicorn has blended technology with its 30-person security team. Each guard uses a smartphone to email clients and report any incidents, along with photos. But, unlike a remote monitor, a guard can also re-secure a door after a break-in and work with police and property managers, Singh notes. Vancouver-based Avigilon, which makes perhaps the most powerful and highest resolution surveillance cameras in the world, argues that the latest full-colour surveillance gear could

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Concord Security Corporation is a finalist for the BOMA Pinnacle Award 2013 for innovation and outstanding service Yet, a new wrinkle in security cameras – video analytics - may allow even monitoring staff to be reduced. Video analytics is software that catches suspicious patterns of movement and begins triggering alarms. At an office building, for example, normal traffic near a back entrance would not set off an alarm but someone crossing to a restricted-access door or window could. Alarms can be escalated if the analytics detect loitering near the door or window. “It will probably just mean more false alarms,” dismisses Singh, touching on an ongoing concern in the security business. He maintains that a security patrol would be more effective at recognizing and deterring suspicious persons. App for that One security firm has rolled out a new app that can turn a company’s entire staff – or a school’s students – into photo-snapping, on-the-scene security beacons. Sam Siacco, vice-president, finance with Securiguard Services Ltd., notes the company’s SOS Response app for smartphones has seen a big takeup in universities and shopping centres. The

App technology can turn smartphones into security beacons, instantly sending GPS coordinates and photos to any monitoring station

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Installing a closed-circuit television security camera: even allseeing cameras can’t replace “boots on the ground.” | AVIGILON

Securiguard staff subtly secure access to many office buildings across Metro Vancouver | SECURIGUARD SERVICES LTD.

app automatically takes 30 photos in 30 seconds and sends them along with GPS coordinates to the monitoring station. There, staff can alert appropriate first-responders and call the sender to see if they are OK. Bruce Marginson, president of Fusion Security of Vancouver, says better technology also means advanced reporting software

lets building managers receive real-time reports via access monitors, cameras and smartphone-equipped security staff from anywhere in the world. Technology is important but, apparently, it is human brain and brawn that makes it effective – as much in the security business as in everyday life. ■

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&20B?6AF :.;=<D2? .;1 :</692 @2?C602@ 2920A?<;60 .002@@ 0<;A?<9 6;A?B@6<; 12A20A6<; @F@A2: ') :<;6A<?6;4 0<;@B9A6;4 =?6C.A2 6;C2@A64.A6<;@

69(* &6,.3743 =?2@612;A .;1 # &66= !8&97,9&&6) ## *&3 6&77.3,843 16?20A<?

/.@21 @F@A2:@ 6;A24?.A<? 3<0B@6;4 <; 12@64; 12=9<F:2;A .;1 :.6;A2;.;02 <3 2;A2?=?6@2 92C29 2920A?<;60 @20B?6AF @F@A2:@ :<;6A<?6;4 .;1 ;2AD<?8 6;3?.@A?B0AB?2

%.11= .71*6 =?2@612;A 6&)= &68-= C602 =?2@612;A

6?2 .;1 @20B?6AF @<9BA6<;@

"4)) =*67 =?2@612;A

4'*68 &<8*6 =?2@612;A

!.;B3.0AB?2@ :</692 @B?C2699.;02 .;1 ?2.9 A6:2 3922A :.;.42:2;A @<9BA6<;@ 12@64;21 3<? A52 A?.;@6A @05<<9 /B@ .;1 0<.05 6;1B@A?62@

"*66= 0.=&2& =?2@612;A

B@A<:6G21 @F;2?4F @<9BA6<;@ 0<;@6@A6;4 <3 @20B?6AF :.;=<D2? .;1 :</692 @2?C602@ 6;C2@A64.A6<;@ =.?86;4 2;3<?02:2;A 9.;1@0.=6;4 7.;6A<?6.9 @;<D ?2:<C.9 .;1 A.69<?21 3.0696A62@ .;1 =?<=2?AF :.;.42:2;A @2?C602@ (;63<?:21 .;1 =9.6;09<A52@ @20B?6AF <33602?@ ?6@8 .;1 CB9;2?./696AF .@@2@@:2;A@ .;1 2E20BA6C2 =?<A20A6<;

&1 49-&1 # &91 !8&33*= C602 =?2@612;A

&66= %**07 :.;.42? /B@6;2@@ 12C29<=:2;A

!(488 3987*3 16?20A<? @.92@ .;1 2;46;22?6;4 6.&3 !=1:*78*6 16?20A<? <=2?.A6<;@ 6.(& 3987*3 0<;A?<992? 36;.;02 43 *1)*6 =?2@612;A .;1 # -.1.5 6&-&2 ##

6:.3) !.3,- -.1143 # &7)**5 .88 ##

(;63<?:21 4B.?1 @2?C602@ :</692 6;@=20A6<; .9.?: ?2@=<;@2 0<;062?42 @2?C602@ 6;C2@A64.A6<; .;1 @B?C2699.;02 ?6@8 .@@2@@:2;A 2:2?42;0F =?<021B?2 12C29<=:2;A

;@A.99.A6<; .;1 @2?C602 <3 /B?49.?F .002@@ 0<;A?<9 .;1 0.:2?. @F@A2:@ .9@< 36?2 =?<A20A6<; @F@A2:@

<::2?06.9 6;A24?.A21 @20B?6AF @<9BA6<;@ .002@@ 0<;A?<9 C612< @B?C2699.;02 /B?49.?F &=206.96G2@ 6; A52 6;@A.99.A6<; .;1 @2?C606;4 <3 6;A?B@6<; 2;C6?<;:2;A.9 .002@@ 0<;A?<9 .;1 C612< @B?C2699.;02 C2?6360.A6<; ') @F@A2:@ ;@A.99 .;1 @2?C602 @20B?6AF @F@A2:@ 5<:2 .BA<:.A6<; 9645A6;4 0<;A?<9@ @B?C2699.;02 0.:2?.@ 6;A2?0<: @F@A2:@ 02;A?.9 C.0BB:

&<B?02@ ;A2?C62D@ D6A5 ./<C2 36?:@ .;1 ?2@2.?05 2?<4B.?1 .;1 <A52? 0<:=.;62@ :.F 5.C2 ?.;821 /BA 161 ;<A =?<C612 6;3<?:.A6<; "% "<A ?.;821 "$ "<A =?<C6121 <?:2?9F 0.9921 ' 1C.;021 ;A24?.A6<; ;A2?0<; &20B?6AF

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Call 604 685 6011 OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

Business in Vancouver makes every attempt to publish accurate information in the List but accuracy cannot be guaranteed. Researched by Richard Chu, 604-608-5114.

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$53 5/48954 C602 =?2@612;A =?<=2?AF :.;.42:2;A *2@A2?; .;.1. <33602 .;1 6;1B@A?6.9 0*/(,2 '(21,7 ?246<;.9 42;2?.9 :.;.42? <33602 .;1 6;1B@A?6.9 ,4, 08/,7 16?20A<? ?2A.69 =?<=2?AF :.;.42:2;A "5) (;(4(./ C602 =?2@612;A .@@2A :.;.42:2;A 54 (770854 @2;6<? C602 =?2@612;A .@@2A :.;.42:2;A

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?.;C6992 '>B.?2 ' B6916;4 %.06360 2;A?2 %?602D.A2?5<B@2 <<=2?@ %9.02 (<?<;A< &605:<;1 2;A?2 (52 'A.A6<; *.A2?3?<;A 2;A?2

578,9 ",(29= 75:6 (4(+( 9+ 08?<F1 &1 'B6A2

&605:<;1 ) + % <<< +578,97,(29= *53

"54 #*/:88 =?2@612;A 03 #*/:88 C602 =?2@612;A .;1 ;1B@A?6.9 =.?8@ D.?25<B@2@ :6E21 B@2 <33602 .;1 ?2A.69 /B6916;4@ .;1 :.7<? @2;6<? =?<=2?AF :.;.42? 5204 #*/:88 C602 =?2@612;A ?2A.69 02;A2?@ 6;09B16;4 '2.3.6? ".99 .:/62 %9.G. 'B;@56;2 699@ 2;A?2 .;1 92.@6;4 .;1 :.?82A6;4 :.;.42? ?8?<F1 %9.G. 9B;1299 2;A?2 !.1;2? 2;A?2

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%

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<<< 5440 *53

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'(=4, #309/0,8 =?2@612;A

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).B45.; $# #%

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<D2 96C212;

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364B?2

Valley All–Door Distributing Ltd. Celebrating Over 38 Years of Security Gate Service Phone: 604.533.4121 Fax: 604-533-4632 Email: valleyalldoor@telus.net 64

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

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3022054 :6996<;

Business in Vancouver makes every attempt to publish accurate information in the List but accuracy cannot be guaranteed. Researched by Richard Chu, 604-608-5114.

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522/+78 49+74'9/54'2

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=== .78+9+8</)+9 )53

=== *+<+4)58+41, )53

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66

Source: Business in Vancouver

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

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Business in Vancouver makes every attempt to publish accurate information in the List but accuracy cannot be guaranteed. Researched by Richard Chu, 604-608-5114.


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OFFICE BUILDING DIRECTORY INVENTORY OF OFFICE SPACE OVER 20,000 SQUARE FEET

WEST VANCOUVER nad

NORTH VANCOUVER aH wy

India n Ar m

Trans-C a

Burrard Inlet

VANCOUVER CENTRAL BUSINESS DISTRICT NORTH

VANCOUVER CENTRAL BUSINESS DISTRICT SOUTH English Bay

Barnet

Hastings Nanaimo

SFU

UBC

Lou ghe ed

Hw y

VANCOUVER BROADWAY Oak

Granville

Dunbar

Cambie

Kin

COQUITLAM

gsw

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BURNABY

VANCOUVER

Lougheed

iver a nad

wy

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Frase r

rR se

PORT COQUITLAM

a s-C

Marine Dr

North A rm

NEW WESTMINSTER

Hwy

n Tra

Boundary Rd

49th Avenue

Fra

41st Avenue

Rive r

Richmond Freeway Fra

Strait of Georgia

Westminster Hwy

se

RICHMOND iver er R

Highway 91

S ou th Ar

SURREY

DELTA YUKON

QUEEN CHARLOTTE

Highway 10

Highway 99

NORTHWEST TERRITORIES

ALASKA

ALBERTA

BRITISH COLUMBIA

VANCOUVER ISLAND VANCOUVER VICTORIA SEATTLE

WASHINGTON

Boundary Bay

WHITE ROCK

BRITISH COLUMBIA, CANADA WASHINGTON, U.S.A. Refer to colour bars in the Office Space Directory for specific areas 68

wy

King George Highway

m

s Fra

rH

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION


How to use the office listings Refer to the large map (page 54) for the general location of

of the most recent renovation, the number of storeys,

the information supplied. Only buildings with more than

properties. Areas on the map are colour-coded to match

the square footage of the office, retail and industrial

20,000 square feet of office space have been listed.

the corresponding areas in the directory.

components and parking details.

Office buildings are listed by their street addresses within districts and suburbs. In each listing, when avail-

Every effort has been made to include all office buildings in the Vancouver region that have 20,000 square feet of

When applicable, BOMA BC members have been identi-

office space or more. If your building has been left out,

fied with a bullet in the right-hand column.

please send this information to Office Space, c/o Business

managers have been included. Other listed information

ing owners and managers for verification. BIVMG is unable

in Vancouver, 102 East 4th Avenue, Vancouver B.C. V5T 1G2,

includes the date the building was constructed, the date

to guarantee, and does not guarantee, the accuracy of all

604-688-2398, fax 604-688-6058.

RA TIN

G

AT E

1166 Alberni St

M–Dodwell Realty/Janine Roberts 604-689-0603/L–Dodwell Realty/Dave Kristen 604-699-2285

167,350

25,464 192,814 16

166

1979

1999

$24

$10.73

1550 Alberni St/Alberni Bldg

M/L–Wicklow West/Ross Petaske 604-689-5050

100,159

n/a

100,159 8

188

1972

2006

$18

$12.38

1 Alexander St/One Alexander

M–Cowan Properties/Tyrol Russell 604-834-3545/ L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

22,464

13,116

35,580 4

n/a

2006

n/a

$13

190 Alexander St/Harbourview

M–Anthem Properties/Alexa Ulinder Baughen 604-689-3040/ L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

39,634

n/a

39,634

6

1979

n/a

n/a

$12.46

560 Beatty St

M–Cowan Properties/Tyrol Russell 604-834-3545/ L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

26,700

5,300

32,000

6

1920

n/a

n/a

$9.20

564 Beatty St

M–Reliance Properties/Steve Horovitz 604-683-2404/ L–Reliance Properties/Steve Horovitz/Jeff Toews 604-689-1119

35,900

9,900

45,800 10

1909

2013

$29

$13

A M BO

GE RA AV E

YE LA

ST

PE

RE

RE AR

ILT

AV E CO RAG ST E O

NT AL R

LS ST AL KI

AR YE

PA R

BU

NG

S EY OR ST

TO

TA L

SQ

QU LS TA I RE

NO

ET

AR

UA RE

EF

FE

EE

T EE EF AR QU FIC

ES

M–Management company/Contact phone L–Leasing company/Contact phone

OF

Address/Building name

VA TE D

Prior to publication, survey forms were e-mailed to build-

T

able, names and telephone numbers of the building

Vancouver Downtown North

34

6

780 Beatty St

M–Petrina Group/Leo Poulos 604-734-3400/L–Petrina Enterprises

32,908

n/a

39,487

6

1914

1989

$15.75 $12.96

788 Beatty St

M–Reliance Properties/Steve Horovitz 604-684-8890/ L–Reliance Properties/Steve Horovitz/Jeff Toews 604-683-2404

54,000

11,000

65,000

6

1910

1985

$17

200 Burrard St/Waterfront Centre

M–Cadillac Fairview/Lesley Heieis 604-646-8020/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 364,997

29,158 394,155 21

355 Burrard St/The Marine Bldg

M–Oxford Properties/Steve Patrick 604-893-3206/L–Oxford Properties/Chuck We 604-893-3257

145,727

23,403 169,130 22

607

U

U

$6.60

1990

n/a

n/a

$23.41

U

1930

1989

$28

$20.08

U

505 Burrard St/Bentall One

M–Ivanhoe Cambridge/Doug MacDougall 778-328-5960/L–Ivanhoe Cambridge/Matthew Schaffers 248,700

n/a

259,785 22

525

1967

2003

n/a

$21.51

U

510 Burrard St

M–Manulife Financial/Kathy Ireland 604-717-8232/L–Manulife Financial/Cheryl Wong 604-717-8235

205,000

n/a

205,055 14

165

1985

2003

n/a

$18.82

U

550 Burrard St/Bentall Five

M–Bentall Kennedy/Jon Wellman 604-661-5056/L–Bentall Kennedy/Jeff Lim 604-661-5000

577,976

n/a

577,976 33

975

2002

2007

n/a

$19.01

U

555 Burrard St/Bentall Two

M–Ivanhoe Cambridge/Doug McDougall 778-328-5960/L–Ivanhoe Cambridge/Matthew Schaeffers 165,948

7,461

174,394 18

1969

2003

n/a

$21.67

U

595 Burrard St/Bentall 3

M–Ivanhoe Cambridge/Doug MacDougall 778-328-5960/ L–Ivanhoe Cambridge/Matthew Schaeffers

464,641

14,601 490,639 32

1974

1994

n/a

$20.93

U

666 Burrard St/Park Place

M–GWL Realty Advisors/Frank Vecchio 604-713-8913/ L–GWL Realty Advisors/Steffan Smith 604-713-6480

576,840

21,778 598,619 35

560

1984

2007

$38

$19.50

U

999 Canada Pl/ World Trade Centre Office Complex

M–Ocean Pacific Management/Kim Clark 604-682-7391/L–Colliers/John Freyvogel 604-661-0806 210,000

n/a

160

1986

2000

$32

$17.89

U

55-99 Cordova St E/Koret

L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

n/a

601 Cordova St W/The Station

M–Cadillac Fairview/Lesley Heieis 604-646-8020/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 83,047

111 Dunsmuir St

M–Morguard Investments/Michael Walker 604-681-9474/L–Morguard Investments/Faye Tam

777 Dunsmuir St/Pacific Centre Tower IV

M–Cadillac Fairview/Ultan Kampff 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 264,088

885 Dunsmuir St

M–West Pender Property Group/Gail Gossen 604-638-0331/ L–West Pender Property Group/Andy Molloy 604-638-0327

888 Dunsmuir St/XCHANGE Conference Centre

M–Standard Life Assurance/Graham Morton 604-664-8040/ L–CBRE/Tara Finnegan/Michael White 604-662-5159

96,716

210,000 4

1910

1970

n/a

n/a

85,967 5

173

1913

1980

n/a

$16.80

U

3,719

222,135 13

232

1994

n/a

n/a

n/a

U

n/a

264,088 19

398

1990

2005

n/a

$20.40

U

99,749

6,992

106,741 10

16

1970

n/a

$22

$14.68

U

89,730

4,632

94,362 15

120

1991

n/a

$23

$17.81

U

218,416

24,179 120,000 5

1055 Dunsmuir St/Bentall Four

M–Ivanhoe Cambridge/Doug MacDougall 778-328-5960/L–Ivanhoe Cambridge/Matthew Schaeffers 523,132

19,792

547,956 35

475

1981

1998

n/a

$19.67

U

401 Georgia St W

M–Oxford Properties/Jesse Hague 604-893-3206/L–Oxford Properties/Chuck We 604-893-3257

267,296

1,780

269,076 22

195

1985

1997

$33

$20.23

U

475 Georgia St W/BC Turf Bldg

M–Austeville Properties/Scott Reid 604-216-5500/L–Colliers/John Freyvogel 604-661-0806

103,520

n/a

103,520 10

90

1974

n/a

$22

$16.88

U

510 Georgia St W/Telus Gardens

L–Cushman & Wakefield Ltd/Mark Chambers 604-640-5880

443,757

n/a

462,705 24

280

2014

n/a

n/a

$20.32

555 Georgia St W/Cavelti Bldg

M–Sutton Broadview/Kim Jow 604-738-1000/L–RPM Realty/Roy Gibbs 778-834-4050

30,000

10,000 40,000 7

1928

1990

$19

$11

650 Georgia St W/Vancouver Centre

M–GWL Realty Advisors/Randy Felty 604-713-6481/L–GWL Realty Advisors/Steffan Smith 604-713-6480 385,878

84,816 464,643 34

549

1977

1999

$35

$20

U

700 Georgia St W/ TD Bank Tower (Pacific Centre)

M–Cadillac Fairview/Ultan Kampff 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 470,787

n/a

470,787 30

1,575 1972

2004

n/a

$20.77

U

701 Georgia St W/Pacific Centre Tower II M–Cadillac Fairview/Ultan Kampff 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 216,613

n/a

216,613 18

1,575 1975

2010

n/a

$21.07

U

885 Georgia St W/HSBC Bldg

18,182

382,895 23

435

n/a

n/a

$20.60

U

M–Cadillac Fairview/Ultan Kampff 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 364,713

1986

BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

69


M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

195,118

AV AT E E CO RAG ST E OP ER AT BO IN G M A

TA LR EN

RE AR LA ST

AV ER AG ER

YE

G IN

AR YE

PA RK

BU ILT

ST AL L

S

FE ST

OR E

YS

QU AR E

EF

TO TA LS

TA IL

NO VA TE

D

1040 Georgia St W/The Grosvenor Bldg

ET

T EE

ET FE

M/L–Shon Group Realty/Maria Johnson 604-669-3312

M–Warrington PCI/Deryk Brower 604-331-5232/L–CBRE Ltd/Bill Coulter/Eli Applebaum 604-662-3000 207,095

RE

IC

925 Georgia St W/Cathedral Place 1030 Georgia St W/Burrard Bldg

SQ UA R

QU AR E

307,398

ES

M–Management company/Contact phone L–Leasing company/Contact phone

OF F

Address/Building name

8,616

316,014 23

351

1991

2008

$35

$18.80

U

n/a

250,000 19

158

1957

1990

n/a

$18.02

U

8,648

203,766 22

236

1984

n/a

n/a

n/a

U

1055 Georgia St W/Royal Centre

M–Brookfield Properties/Vicki Bissett 604-602-4800/L–Avison Young/Matthew Craig 604-647-5076

430,000

n/a

853,000 36

688

1973

2012

$34

$22.52

U

1075 Georgia St W

M–Bentall Kennedy/Marjo McDougall 604-661-5017/L–Bentall Kennedy/Jeff Lim 604-661-5619

340,700

7,300

348,000 26

226

1968

2002

n/a

n/a

U

1090 Georgia St W

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

140,501

4,682

145,183 16

77

1976

1986

n/a

n/a

U

1111 Georgia St W/FortisBC Centre

M–TA Management/Lee Medd 604-683-1628/L–CBRE Ltd/Bill Coulter 604-662-3000

349,140

n/a

349,140 24

394

1992

2003

n/a

$19.81

U

1185 Georgia St W

M–CREIT Management/Ryan Swire 604-683-1185/L–CBRE Ltd/Geoff Donelly 604-662-5130

146,846

18,964 165,810 16

155

1985

1992

n/a

$18.79

U

1188 Georgia St W

M–GWL Realty Advisors/Jillian Mann 604-713-7724/ L–GWL Realty Advisors/Steffan Smith 604-713-6480

199,979

4,594

204,273 21

50

1980

1997

$27

$17.45

U

1281 Georgia St W/Georgia Bldg

M/L–Wicklow West/Ross Petaske 604-689-5050

72,257

n/a

72,257 10

74

1959

2006

$16

$13.64

1445 Georgia St W/Phileo Place

M–Turner Meakin/Brian Meakin 604-736-7020/L–Colliers/Derek May/John Freyvogel 604-661-0837

35,411

4,209

39,620

6

21

1963

1999

$22

$12.89

1455 Georgia St W/Lea Bldg

M/L–Wicklow West/Ross Petaske 604-689-5050

36,824

n/a

36,824

8

11

1969

2005

$18

$13.59

1500 Georgia St W/1500 West Georgia

M–Morguard Investments/Michael Walker 604-681-9474/L–Morguard Investments/Faye Tam

189,397

200 Granville St/Granville Square

M–Cadillac Fairview/Lesley Heieis 604-646-8020/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 381,644

320 Granville St

M–Carrera Management Corp/L–Carrera Management Corp/Jonathan Grimble 604-340-9018

409 Granville St/United Kingdom Bldg

M–Dodwell Realty/Stefanie Weng 604-689-0603/L–Dodwell Realty/Dave Kristen/Ivy Yung 604-699-2285 195,956

470 Granville St/Rogers Bldg

M–Equitable Real Estate/Mark Rahal/Jeannie Tam 604-683-7571/L–Equitable Real Estate/Jeannie Tam

98,324

17,236 115,560 12

543 Granville St/Bower Bldg

M–Harwood Corp 604-681-3401/L–Harwood Corp/Daen Campbell

67,200

n/a

67,200 17

580 Granville St/Sophos

M–Reliance Properties/Steve Horovitz 604-683-2404/ L–Reliance Properties/Steve Horovitz/Jeff Toews 604-689-1119

42,000

6,900

49,000

n/a

284,170 24

380,000

U

3,693

193,090 20

135

1978

2003

n/a

n/a

U

13,162

394,097 28

460

1973

2012

n/a

$21.30

U

n/a

380,000 32

n/a

n/a

n/a

n/a

1961

1988

$23

$10.03

U

1911

n/a

$20

$13.28

U

1997

n/a

$28

$16

1959

2000

n/a

n/a

1,575 1981

15,142 211,098 17

64

60

5

609 Granville St/Canaccord Tower

M–Cadillac Fairview/Ultan Kampff 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 284,170

2005

n/a

$19.80

U

725 Granville St

M–Cadillac Fairview 604-630-5307/L–Cadillac Fairview/Lou Ficocelli

300,000

48,000 348,000 7

2014

n/a

n/a

n/a

U

736 Granville St/Vancouver Block

M–Equitable Real Estate/Mark Rahal/Jeannie Tam 604-683-7571/L–Equitable Real Estate/Jeannie Tam

84,733

6,309

91,042 16

1912

2008

$23

$14.34

U

163 Hastings St W/The Flack Block

M–West Pender Property Group/Gail Gossen 604-638-0331/ L–West Pender Property Group/Andy Molloy 604-638-0327

36,890

8,047

44,937

5

1899

2008

$24

$15.57

U

417 Hastings St W/Millar & Coe

L–Avison Young/Justin Omichinski/Michael Buchan 604-646-8387

23,043

12,000

35,043 4

1915

n/a

$15

$12

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AV AT E E CO RAG ST E OP ER AT BO IN G M A

D AV ER AG ER

$19

$11.10

2005

$30

$19.86

1956

2003

$16

$11

M–Aquilini Properties/David Stark 604-687-8813/L–Aquilini Properties LP 604-909-7433

100,392

n/a

M–Harbour Centre Complex/Sophie Perndl 604-899-7365/L–Colliers/John Freyvogel 604-661-0806

249,708

50,595 n/a

28

602 Hastings St W/Bank of Nova Scotia

M–Reliance Properties/Steve Horovitz 604-683-2404/ L–Reliance Properties/Steve Horovitz/Jeff Toews 604-689-1119

65,000

10,000 75,000

8

YE

AR

EN

RE

S G IN

700

AR

PA RK

103,000 15

BU ILT

ST AL L

510 Hastings St W/Standard Bldg 555 Hastings St W/Harbour Centre

TA LR

LA ST

1989

1977

NO VA TE

YE

FE ST

OR E

YS

QU AR E

TO TA LS

EF

1913

ET

T EE

ET FE RE

TA IL

SQ UA R

QU AR E IC

ES

M–Management company/Contact phone L–Leasing company/Contact phone

OF F

Address/Building name

U

609 Hastings St W/Princess Bldg

M–Pacific Dawn 604-683-8843/L–Colliers/Derek May/John Freyvogel 604-661-0837

33,935

n/a

33,935 11

1982

n/a

$19

$14.10

U

675 Hastings St W/Royal Bank Bldg

M–Colliers/Barry Holmes 604-662-2623/L–Colliers/Jeff Pockett 604-692-1413

107,905

n/a

107,905 16

1930

1998

$16

$16.03

U

688 Hastings St W/Birks Place

M–Talia Jevan Properties/Andre Fong 604-659-6000/L–Colliers/Derek May 604-661-0837

65,435

25,621 91,056

9

1908

1996

$24

$16.25

744 Hastings St W/Pemberton Bldg

M–Reliance Properties/Steve Horovitz 604-683-2404/ L–Reliance Properties/Jeff Toews/Steve Horovitz 604-689-1119

75,200

5,000

72,500

8

1910

1990

$20

$11.79

808 Hastings St W/Prime Capital Place

M–Martello Property Services/Wayne Smithies 604-681-6544/L–DTZ Vancouver Real Estate/Jason Marriott

96,441

5,889

99,000 11

54

1982

2012

$21

$16

U

815 Hastings St W

M–West Pender Property Group/Gail Gossen 604-638-0331/ L–West Pender Property Group/Andy Molloy 604-638-0327

96,573

11,110 107,683 9

26

1976

1989

$24

$15.51

U

32

830 Hastings St W/Jameson House

M–Bosa Properties 604-299-1363/L–Cushman & Wakefield/Jessica Mavrikos 604-608-5968

57,784

7,665

69,665

850 Hastings St W/Credit Foncier

M–Triovest Realty Advisors/Nancy Westfall 604-642-4501/ L–Triovest Realty Advisors/Patrice Woo 604-642-4500

44,350

4,418

48,768 10

8

2011

n/a

$35

$17.29

U

1914

1992

n/a

$16.23

U

n/a

U

900 Hastings St W

M/L–UPG Uptown Property Group/Bart Slotman 604-688-7900 604-688-7920

97,096

5,370

102,466 14

1966

2009

n/a

999 Hastings St W/AXA Place

M–Polaris Realty/Douglas Hume 604-684-4221/L–Colliers/John Freyvogel 604-661-0806

206,044

n/a

206,044 19

120

1981

2003

$33.50 $19.96

U

1021 Hastings St W/MNP Tower

M–Oxford Properties Group/Steve Patrick 604-893-3206/ L–Oxford Properties Group/Chuck We 604-893-3257

271,260

n/a

271,260 35

280

2014

n/a

$40

U

$20

1055 Hastings St W/Guinness Tower

M–Oxford Properties/Steve Patrick 604-893-3206/L–Oxford Properties/Chuck We 604-893-3257

252,339

3,858

256,373 25

277

1969

2004

$33

$21.01

U

1066 Hastings St W/Oceanic Plaza

M–Oxford Properties/Steve Patrick 604-893-3206/L–Oxford Properties/Chuck We 604-893-3257

331,128

21,209 345,468 26

225

1977

2004

$30

$20.26

U

1111 Hastings St W

M–Golden Properties/Angela Wong 604 689 1721/L–Avison Young/Matthew Craig 604-647-5076 106,000

1177 Hastings St W

M–Golden Properties/Angela Wong 604 689 1721/ L–Avison Young/Matthew Craig/Justin Omichinski 604-647-5076

n/a

107,459 13

250

1966

1996

$25

$14

U

305,000

13,448

340,999 27

596

1968

2009

$30

$16.64

U

1199 Hastings St W/Hastings Bldg

M/L–Wicklow West/Ross Petaske 604-689-5050

63,936

n/a

63,936 14

1968

1993

$27

$15.29

318 Homer St/Mercantile Bldg

M–Reliance Properties/Steve Horovitz 604-683-2404/ L–Reliance Properties/Steve Horovitz/Jeff Toews 604-689-1119

45,000

5,000

50,000

8

1910

1999

$17

$8.50

580 Hornby St

M–West Pender Property Group/Gail Gossen 604-638-0331/ L–West Pender Property Group/Andy Molloy 604-638-0327

52,749

2,376

55,125

9

32

1986

2000

$22

$16.38

U

777 Hornby St

M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619

138,100

11,400 149,500 21

457

1969

1996

n/a

n/a

U

H

BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

71


AV ER AG ER

AV AT E E CO RAG ST E OP ER AT BO IN G M A

D LA ST

n/a

$21.14

EN

RE AR YE

G IN

AR

BU ILT

ST AL L

S

FE OR E

TA LR

YE

n/a

NO VA TE

PA RK

2002

YS

EF

240,683 20

ST

IC OF F

QU AR E

M–Maple Leaf Property Management 604-926-9500/L–RPM Realty/Roy Gibbs 778-834-4050

TO TA LS

M–Equitable Real Estate/Mark Rahal/Jeannie Tam 604-683-7571/L–Equitable Real Estate/Jeannie Tam 32,725

460

ET

T EE

ET FE

325 Howe St/Pacific Coast Bldg 475 Howe St

2,271

TA IL

M–Cadillac Fairview/Lesley Heieis 604-646-8020/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 238,412

RE

250 Howe St/ PricewaterhouseCoopers Place

SQ UA R

QU AR E

M–Management company/Contact phone L–Leasing company/Contact phone

ES

Address/Building name

3,944

36,669 10

1912

n/a

$20

$14.42

66,200

n/a

74,138 11

1928

2000

$17

$17.06

U U

549 Howe St

M–Arcturus Realty/L–RPM Realty/Paul Oteman/Holly Kingan 604-684-8291

40,596

3,255

43,851 10

1967

2003

$20

$18.02

U

625 Howe St/Standard Life Bldg

M–Standard Life Assurance 604-664-8040/L–Standard Life/Theresa Llewellyn 403-296-9490

125,400

5,874

131,274 14

82

1975

1993

$22

$17.81

U

1100 Melville St/Sun Life Plaza

M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619

150,311

9,254

159,565 16

114

1982

2006

n/a

n/a

U

1111 Melville St

M–Porandom Management/Connie Chau 604-687-6790/ L–Cushman & Wakefield/Jennifer Robertson 604-683-3111

105,372

n/a

116,544 12

112

1976

n/a

$24

$13.25

1190 Melville St/Wyland Bldg

M–Reliance Properties/Steve Horovitz 604-683-2404/ L–Reliance Properties/Steve Horovitz/Jeff Toews 604-689-1119

41,000

7,000

48,000

8

1965

1999

$18

$12

740 Nicola St

M–Keneco Management/L–Colliers/Derek May 604-661-0837

20,000

n/a

20,000

3

23 Pender St W/Old BC Electric Bldg

M–Anthem Properties/Alexa Ulinder Baughen 604-689-3040/ L–Corbel Commercial/Marc Saul/Robert Tham 604-609-0882

91,294

10,193 101,487 6

119 Pender St W/Duncan Bldg

M–Equitable Real Estate/Mark Rahal/Jeannie Tam 604-683-7571/L–Equitable Real Estate/Jeannie Tam

51,239

8,847

60,286 7

1911

n/a

$20

$12.20

U

128 Pender St W/Sun Tower

M–Turner Meakin/Brian Meakin 604-736-7020/ L–DTZ Vancouver Real Estate/Neil McAllister 604-630-3374

82,300

6,000

88,300 17

1912

2011

n/a

$14.90

U

36

1967

n/a

$19

$15.83

100

1912

n/a

n/a

$9.60

U

303 Pender St W

L–DTZ Vancouver Real Estate/James Bayley/Mitch Ellis 604-719-4583

24,000

6,000

30,000 4

1900

n/a

n/a

n/a

402 Pender St W/BC Securities Bldg

M–Reliance Properties/Steve Horovitz 604-683-2404/ L–Reliance Properties/Steve Horovitz/Jeff Toews 604-689-1119

40,000

5,000

45,000

1912

n/a

$17

$10

700 Pender St W/Pender Place I

M–Cadillac Fairview/Ultan Kampff 604-688-7236/L–Cadillac Fairview/Carson Pennock 604-630-5305

142,633

5,539

146,854 17

202

1972

2000

n/a

$19.16

U

750 Pender St W/Pender Place II

M–Cadillac Fairview/Ultan Kampff 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 141,879

3,890

145,769 17

202

1974

2000

n/a

$18.76

U

789 Pender St W

M–Triovest Realty Advisors/Nancy Westfall 604-642-4501/ L–Triovest Realty Advisors/Patrice Woo 604-642-4500

108,717

10,392 119,109 15

1929

1991

n/a

$16.90

U

800 Pender St W

M–West Pender Property Group/Gail Gossen 604-638-0331/ L–West Pender Property Group/Andy Molloy 604-638-0327

106,550

6,284

112,834 15

28

1978

1999

$23

$16.59

U

889 Pender St W/Pender Pacific

L–Re/Max Commercial Advantage/Moojan Azizi 604-899-9293

34,406

2,060

38,792

8

16

1984

n/a

$21

$13.60

890 Pender St W

M–West Pender Property Group/Gail Gossen 604-683-0331/ L–West Pender Property Group/Andy Molloy 604-638-0327

55,816

6,663

62,479

8

1965

1998

$22

$16.25

U

905 Pender St W/King George Development Bldg

M–Colliers/L–Colliers/Derek May 604-661-0837

40,000

n/a

41,565 7

1968

2002

$24

$14.87

U

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TO TA LS

YE

LA ST

AV ER AG ER

AV AT E E CO RAG ST E OP ER AT BO IN G M A

D RE

M–Bentall Kennedy/Bruce Tanner 604-661-5084/L–Bentall Kennedy/Jeff Rank 604-661-5090

220,129

n/a

236,277 22

247

1973

1993

n/a

n/a

U

1095 Pender St W/Manulife Place

M–Manulife Financial/Kathy Ireland 604-717-8232/L–Manulife Financial/Cheryl Wong 604-717-8235

210,000

4,000

214,000 22

186

1991

2003

n/a

$19.71

U

1130 Pender St W

M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619

137,868

2,312

140,180 15

115

1980

2006

n/a

n/a

U

1140 Pender St W/Clarica Bldg

M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619

167,478

3,300

170,778 18

149

1984

2006

n/a

n/a

U

1155 Pender St W/Shorehill Bldg

M/L–Wicklow West/Ross Petaske 604-689-5050

83,068

n/a

83,068 7

74

1967

2003

$16

$12.51

1166 Pender St W/Revenue Canada

M–Triovest Realty Advisors/May Lee 604-642-4511/ L–Triovest Realty Advisors/Patrice Woo 604-642-4500

139,569

n/a

139,569 16

105

1975

2004

n/a

$15.57 $12.13

YE

AR

RE

S ST AL L G

BU ILT

IN

AR

PA RK

EN

ET ST

OR E

YS

QU AR E

EF

FE

EE

ET FE TA IL

SQ UA R

QU AR E ES IC

TA LR

OF F

1050 Pender St W

NO VA TE

M–Management company/Contact phone L–Leasing company/Contact phone

T

Address/Building name

1199 Pender St W

M/L–Wertman Development/Jason Wertman 604-681-1168

59,855

14,000 73,855

9

68

1955

2003

$25

1201 Pender St W/E A House

M/L–Wicklow West/Ross Petaske 604-689-5050

59,483

n/a

59,483

8

102

1966

2008

$17.50 $14.31

3

1208 Pender St W/The Ritz

L–Colliers/John Freyvogel/Dan Jordan 604-661-0806

27,644

n/a

27,644

1285 Pender St W/Evergreen Bldg

M–Bentall Kennedy/Bruce Tanner 604-661-5084/L–Bentall Kennedy/Jeff Lim 604-661-5619

101,100

5,100

106,200 10

509 Richards St/The Lumberman’s Bldg

M–Lumberman’s Building Corp/L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

30,353

n/a

30,353

605 Robson St/Vancouver House

M–Unimet Investments 604-688-1883/L–RPM Realty/Holly Kingan 604-684-8291

144,000

n/a

144,000 16

969 Robson St/Robson Central

M–Morguard Investments/Michael Walker 604-681-9474/L–Morguard Investments/Faye Tam

79,709

13,712

93,421

6

1155 Robson St/John Robson Place

M–Warrington PCI/Anthony Paes-Braga 604-331-5233/ L–CBRE Ltd/Bill Coulter/Eli Applebaum 604-662-3000

78,964

n/a

79,950

7

333 Seymour St/Grant Thornton Place

M–Morguard Investments/Michael Walker 604-681-9474/L–Morguard Investments/Faye Tam

150,735

3,760

154,495 17

525 Seymour St/Seymour Bldg

M/L–Aquilini Properties/David Stark 604-687-8813 604-909-7433

43,807

n/a

48,000 10

576 Seymour St/Arts & Crafts Bldg

L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

26,305

n/a

31,000

6

698 Seymour St/Seymour Bldg

M–Holborn Group/Anthony Noel 604-551-1117/L–Colliers/Dan Jordan 604-692-1472

31,168

7,107

38,275 4

54

2008

n/a

$27

$14

75

1980

2007

n/a

n/a

1912

2007

n/a

$12.92

1989

n/a

$25

$14.97

1956

2013

n/a

n/a

U

1947

1992

n/a

$14.03

U

1985

2005

n/a

n/a

U

1920

1990

$14

$10.92

1910

2000

n/a

$10.8

1971

n/a

$13

$10.79 $15

8

638 Smithe St/Vancouver Motors Bldg

L–Colliers/Marco diPaolo 604-661-0838

28,000

n/a

28,000

2

535 Thurlow St/Phillips Bldg

M–Onni Group/Jamie Fiander 604-602-7711/L–Colliers/Dan Jordan/Derek May 604-692-1472

61,861

n/a

61,861

8

21 Water St/The Packing House

M–PaciďŹ c Asset Management/Bill Berry 604-980-3889/ L–Corbel Commercial/Marc Saul/Robert Tham 604-609-0882

50,286

10,000

60,286

6

55 Water St

M–Reliance Properties/Steve Horovitz 604-683-2404/ L–Reliance Properties/Steve Horovitz/Jeff Toews 604-689-1119

85,000

17,000 102,000 6

120

141

21

40

1925

2013

n/a

1966

1990

$20

$11.59

1874

1970

$20

$10.56

1910

2002

$21

$9.50 $8

68 Water St/Deighton Bldg

M/L–HQ Real Estate Services/John Moody 778-837-3760

27,000

9,500

n/a

5

1899

1980

$18

73 Water St/Charles Coldwell Bldg

L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

23,400

3,900

27,300 7

1905

1973

$20

$8

321 Water St/Hudson House

L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

29,000

7,300

40,000

1900

n/a

$20

$13.50

5

U

U

U

CENTURY GROUP

PARTNERSHIPS ACQUISITIONS CONTRACTS

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BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

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TO TA LS

ST

YE

LA ST

AV ER AG ER

AV AT E E CO RAG ST E OP ER AT BO IN G M A

D RE

M–The Mangement Group/Moreno Zen 604-681-1816/ L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

30,000

n/a

30,000

5

1910

1994

$25

$10

353 Water St

L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

23,907

3,773

27,681

5

1971

1991

n/a

$13.71

858 Beatty St/Pivotal Bldg

M–PCI Development Corp 604-684-1151/L–CBRE Ltd/Blair Quinn 604-662-5161

165,514

n/a

165,514 8

416

2002

n/a

$35

$18.37

800 Burrard St

M–Oxford Properties/Jesse Hague 604-893-3206/L–Oxford Properties/Chuck We 604-893-3257

202,024

20,214 222,238 19

322

1979

2000

n/a

$15.95

1200 Burrard St

L–CBRE Ltd/Geoff Donelly 604-662-5130

60,000

9,000

69,277 10

35

1979

1999

n/a

$16.50

1380 Burrard St/Kilborn Bldg

M–Bentall Kennedy/Petra Pockay 604-646-2869/L–Bentall Kennedy/Jeff Lim 604-661-5619

109,700

5,300

115,000 7

117

1982

2001

n/a

n/a

U

845 Cambie St/Law Society Bldg

M–BC Law Society/L–CBRE Ltd/Geoff Donelly 604-662-5130

92,000

n/a

92,000 10

89

1984

1992

n/a

$12

U

82

U

YE

AR

RE

S ST AL L G

BU ILT

IN

AR

PA RK

EN

ET OR E

YS

QU AR E

EF

FE

EE

ET FE TA IL

SQ UA R

QU AR E ES IC

TA LR

OF F

322 Water St/The Cypress Bldg

NO VA TE

M–Management company/Contact phone L–Leasing company/Contact phone

T

Address/Building name

Vancouver Downtown South

1001-1085 Cambie St/Yaletown Mews

M–Colliers/Ching-Lei Lee 604-692-1409/L–Colliers/Derek May 604-661-0837

65,000

n/a

65,000 3

1028 Hamilton St

L–CBRE Ltd/Geoff Donelly 604-662-5130

24,000

n/a

24,000 4

1990

n/a

$20

$19.93

1960

2013

n/a

$16.50

1040 Hamilton St/Yaletown Centre

M–MDC Property Services/L–CBRE Ltd/Geoff Donelly 604-662-5130

42,000

n/a

43,352

4

28

1912

1988

n/a

$13

1168 Hamilton St

M–BC Centre 86/Paula Eng 604-682-1339/L–Cushman & Wakefield/Iain Young 604-640-5807

46,200

n/a

46,200

5

39

1916

1989

$25

$13.8

825 Homer St/Atelier on Robson

L–DTZ Vancouver Real Estate/Howard Malchy 604-895-2226

20,246

n/a

30,000 2

2010

n/a

$26

$15

856 Homer St/Sherbrooke Bldg

M–CCS Properties/L–Cushman & Wakefield/Jessica Mavrikos 604-698-5968

47,000

n/a

47,000

5

1971

1982

$26

$13.50

860 Homer St/The Beasley

M–Amacon 604-602-7110/L–Cushman & Wakefield/Jessica Mavrikos 604-698-5968

21,000

n/a

21,000

2

2011

n/a

$35

$14.50

990 Homer St

M/L–Avison Young/Fergus Cameron 604-647-5099

43,856

n/a

45,000

5

1950

2000

$23

$15.20

1090 Homer St

M–Lasalle Investment Management 604-608-0806/ L–Cushman & Wakefield/Jessica Mavrikos 604-698-5968

36,140

27,523 49,550

6

1917

1993

$28

$19.20

1140 Homer St/Homer Court

M–Transpacific Realty 604-661-0669/L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

26,000

n/a

28,000

3

1912

1991

$14.25 $17.50

1250 Homer St

M–Crosby Property Management/L–Cushman & Wakefield/Iain Young 604-640-5807

26,000

n/a

32,500

6

2002

n/a

$25

$16.67

1286 Homer St

L–CBRE Inc/Tara Finnegan 604-662-5159

20,424

n/a

n/a

4

n/a

815 Hornby St

M–Megen Properties/Dan Ko 604-685-5566/L–Avison Young/Fergus Cameron 604-647-5099

61,535

12,000 73,535

865 Hornby St/Chancery Place

M–Morguard Investments/Michael Walker 604-681-9474/L–Morguard Investments/Faye Tam

128,868

980 Howe St

M–Manulife Real Estate/L–Manulife Real Estate/Cheryl Wong 604-717-8235

1045 Howe St 1265 Howe St

7

U

1910

n/a

n/a

30

1980

1996

$21

$14

10,910 139,778 13

235

1982

n/a

n/a

n/a

U

250,000

n/a

250,000 16

217

2015

n/a

n/a

n/a

U

M–1045 Howe St Holdings/L–CBRE Ltd/Geoff Donelly 604-662-5130

98,785

2,361

101,146 9

61

1973

2007

n/a

$15.94

M–CLC Commercial Consultants/Moojan Azizi 604-688-9720/ L–DTZ Vancouver Real Estate/James Bayley 604-630-3385

42,101

n/a

54,517

29

1974

2000

$20

n/a

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OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

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EN

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AR YE

PA RK

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IC OF F

AV AT E E CO RAG ST E OP ER AT BO IN G M A

235

TA LR

D

30

190,000 25

AR

38,444 4

n/a

AV ER AG ER

n/a

190,000

YE

34,244

M–Nelson Square Management/Rose Ma 604-684-2472/ L–Cushman & WakeďŹ eld/Jennifer Robertson 604-640-5894

171,888 17

LA ST

L–Avison Young/Matthew Craig 604-647-5076

808 Nelson St/Nelson Square

YS

1152 Mainland St/Yaletown Bldg

n/a

20,812 81,143 5

BU ILT

ST AL L

S

FE QU AR E

EF

M–Mainland Ventures/Alan Firth 604-732-6540/ L–Cushman & WakeďŹ eld/Jessica Mavrikos 604-698-5968

TO TA LS

M–Viva Tower/Tamara Whittaker 604-669-6686/L–MacDonald Commercial/Brian Tattrie 604-714-4783 45,000

1122 Mainland St

TA IL

1311 Howe St/Viva Tower

60,331

NO VA TE

ET

T EE

ET FE

SQ UA R

QU AR E

M–Management company/Contact phone L–Leasing company/Contact phone

ES

Address/Building name

170

1992

n/a

$19

$14.78

66

1915

1991

$25

$13.52

1911

1990

n/a

$12.85

1982

1999

$25

$15.94

n/a

Vancouver Broadway — Surrounding Area 429 2nd Ave W

L–CBRE Ltd/Tara Finnegan 604-662-5159

27,000

n/a

27,000

2

10

n/a

n/a

n/a

1505 2nd Ave W/Main Gate

M–Gulf PaciďŹ c Group 604-990-1500/L–Avison Young/Josh Sookero/Justin Omichinski 604-647-5091 30,767

n/a

30,767

5

60

1988

2004

n/a

$13.50

112 3rd Ave E/Third Avenue Bldg

M–Martello Property Services/Christian Deserto 604-681-6544/ L–DTZ Vancouver Real Estate/Ryan Saunders

31,000

n/a

31,000 2

6

n/a

2005

$12

$7.50

U U

111 5th Ave E/Data Centres

M–Oxford Properties/Steve Patrick 604-893-3206/L–Oxford Properties/Chuck We 604-893-3257

80,988

n/a

90,000 3

1986 1977

n/a

$18

$18.10

1788 5th Ave W

L–Colliers/Marco DiPaolo 604-661-0838

34,000

n/a

34,000 4

1996

n/a

$26

$13

30 6th Ave E

L–DTZ Vancouver Real Estate/Ryan Saunders/Mitch Ellis 604-630-3384

26,400

n/a

26,400

225 8th Ave W

L–CBRE Ltd/John Collins/Brad Haw 604-662-3000

20,000

n/a

20,000 4

555 & 575 8th Ave W/Echelon Centre I & II

M–Cressey Properties 604-683-1256/L–Colliers/Dan Jordan 604-692-1472

111,510

n/a

111,510 6

47,940

12,845

58,926 4 24,750

1669 Broadway E/Grandview Woodlands M–Wesgroup Properties 604-633-2898/ L–Cushman & WakeďŹ eld/Chris Newton/Matthew MacLean 604-640-5802

3

14

220

1980

n/a

$12

$6.50

n/a

n/a

$18

$11.40

1993

n/a

n/a

$13.50

2010

n/a

$25

$15.59

210 Broadway W

L–CBRE Ltd/Geoff Donelly 604-662-5130

21,750

n/a

52

1982

n/a

n/a

$12.50

507 Broadway W/Cross Roads Complex

M–Triovest Realty Advisors/Pauline Ashton 604-484-0906/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

101,728

122,229 223,957 7

500

2009

n/a

n/a

$20.24

1681 Chestnut St/Seaforth Place

M–Bastion Development/Taylor Gallaher 604-731-3500 ext. 224/ L–Bastion Development/Ellana Evans 604-731-3500

38,221

10,961 48,380

5

108

1988

n/a

$24

$10

333 Terminal Ave

M–369 Terminal Holdings/Irwin Lee 604-605-0166/ L–DTZ Vancouver Real Estate/Conor Finucane/Howard Malchy 604-895-2226

133,000

n/a

133,000 8

151

1990

1996

$22

$10

2013

n/a

n/a

n/a

2011

n/a

n/a

n/a

2008

n/a

n/a

n/a

6

428 Terminal Ave/Containers Phase 1 & 2 M–Rize Alliance Properties Ltd/L–Rize Alliance Properties Ltd/Andy Tam 604-630-1649

183,333

36,667 220,000 6

306-32 Terminal Ave

28,500

n/a

28,500

n/a

113,941 4

L–Avison Young/Josh Sookero 604-647-5091

2925 Virtual Way/Broadway Tech Centre M–Bentall Kennedy/Ashley MacDougall 604-638-1266/L–Bentall Kennedy/Jeff Rank 604-661-5090 113,941 -Bldg I

3

35

U

U

U

CRESTWOOD CORPORATE CENTRE

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AV AT E E CO RAG ST E OP ER AT BO IN G M A

D AV ER AG ER

2001

n/a

n/a

n/a

U

2985 Virtual Way/Broadway Tech Centre M–Bentall Kennedy 604-638-1266/L–Bentall Kennedy/Jeff Rank 604-661-5090 -Bldg 3

113,932

n/a

113,932 4

2001

n/a

n/a

n/a

U

RE

S

AR YE

ST AL L G

BU ILT

IN

AR

PA RK

EN

ET ST

OR E

YS

QU AR E

TO TA LS

EF

FE

EE

ET FE RE

TA IL

SQ UA R

QU AR E ES IC OF F

TA LR

LA ST

147,118 5

M–Management company/Contact phone L–Leasing company/Contact phone

NO VA TE

YE

n/a

T

2955 Virtual Way/Broadway Tech Centre M–Bentall Kennedy/Ashley MacDougall 604-638-1266/L–Bentall Kennedy/Jeff Rank 604-661-5090 147,118 -Bldg 2

Address/Building name

Vancouver Broadway Corridor 1770 7th Ave W

M–Sodican/Linda Urquhart 604-988-0646/L–Avison Young/James Lewis 604-687-7331

51,757

12,708

64,465 5

162

1985

2001

$20

$14.75

U

1385 8th Ave W

M–Triovest Realty Advisors/Pauline Ashton 604-484-0906/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-450

82,678

4,331

87,009 6

161

1982

2008

n/a

$16.79

U

1401 8th Ave W/Malvern Bldg

M/L–Wicklow West/Ross Petaske 604-689-5050

54,544

n/a

54,544 4

109

1979

2004

$16

$14.23

1765 8th Ave W/College Pl

L–CBRE Inc/John Collins/Brad Haw 604-662-5133

33,000

n/a

33,000

72

1990

n/a

$22

$13.95

5

750 Broadway W/Fairmont Medical Bldg M–Dodwell Realty/Stefanie Weng 604-689-0603/L–Dodwell Realty/Dave Kristen/Ivy Yung 604-699-2285 122,880

13,761 136,641 14

144

1960

1997

$25

$12.13

777 Broadway W

M–777 West Broadway Holdings/L–CBRE Ltd/Geoff Donelly 604-662-5130

53,000

n/a

75,000 12

156

1988

n/a

n/a

$18.50

805 Broadway W/805 Broadway Centre

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

81,025

19,832 100,857 19

300

1974

n/a

n/a

n/a

U

U

988 Broadway W/Broadway & Oak

L–Colliers/Marco diPaolo/Doug LePatourel 604-661-0838

81,797

8,000

90,000

9

2012

n/a

$32

$14.50

1001 Broadway W

M–Rosebud Properties Ltd 604-738-4777/ L–Cushman & Wakefield/Mark Chambers/Matthew MacLean 604-683-3111

46,659

10,401

57,060

6

134

1989

2008

$23

$16.84

1285 Broadway W/Fairview Point

M–Triovest Realty Advisors/Pauline Ashton 604-484-0906/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

83,821

23,485 107,306 8

220

1984

n/a

n/a

$16.32

U

1333 Broadway W

M–Triovest Realty Advisors/Pauline Ashton 604-484-0906/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

162,930

23,304 186,234 14

419

1991

n/a

n/a

$17.59

U

1401 Broadway W

M–Warrington PCI/L–CBRE Ltd/John Collins/Brad Haw 604-662-3000

24,000

n/a

34,000

8

1994

n/a

$22

$18.25

U

1497 Broadway W/Royal Bank Bldg

M–Triovest Realty Advisors/May Lee 604-642-4511/ L–Triovest Realty Advisors/Patrice Woo 604-642-4500

40,797

8,225

49,022

4

31

1959

n/a

n/a

$16.14

U

1501 Broadway W/The Clock Tower

M–Gammon/L–CBRE Inc/John Collins/Tim Madura 604-662-5133

19,081

n/a

19,081

5

46

1986

n/a

$17

$18.07

U

1665 Broadway W/BC Medical Bldg

M–BC Medical Assn/Mary Lou Page 604-736-5551/ L–Cushman & Wakefield/Chris Newton 604-683-3111

42,200

n/a

44,200

6

95

1973

1998

$25

$16.05

1755 Broadway W

M–Northland Properties 604-735-6638/L–CBRE Ltd/John Collins/Brad Haw 604-662-3000

66,568

n/a

66,568 5

170

1970

2003

n/a

$13.17

1788 Broadway W

M–Gammon/William Yuen 604-736-6761/L–Cushman & Wakefield Ltd/Chris Newton 604-640-5802

40,000

n/a

45,000

9

142

1993

2001

$23

$13

1985 Broadway W/Wawanesa Bldg

M–Wawanesa/Lynn Vetter 604-739-5401/L–CBRE Inc/Brad Haw 604-662-5132

50,000

n/a

50,000

5

1985

n/a

n/a

$14.95

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AV ER AG ER

AV AT E E CO RAG ST E OP ER AT BO IN G M A

D LA ST

n/a

n/a

M–Burrard PaciďŹ c 604-732-7709/L–Colliers/Brian MacKenzie 604-661-0829

37,068

n/a

51,079 4

L–CBRE Inc/Tim Madura 604-662-5182

30,000

n/a

30,000

58,204

38,280 96,484 5

21,694

15,541

37,236

3

42,017

2

YE

AR

EN

RE

S ST AL L G

BU ILT

IN

225

AR

ST

2150 Broadway W/Arbutus Phase II

TA LR

YE

n/a

NO VA TE

PA RK

1988

FE

90,666 5

OR E

14,722

YS

QU AR E

EF

TO TA LS

72,757

2515 Burrard St

2608 Granville St/South Granville Centre M–Macdonald Commercial/Nick Marini 604-736-5611/L–Macdonald Commercial/Eric Poon

187

ET

T EE

ET FE TA IL RE

SQ UA R

QU AR E

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

ES

2025 Broadway W

IC

M–Management company/Contact phone L–Leasing company/Contact phone

OF F

Address/Building name

1980

2005

$20

$15.19

1920

n/a

n/a

n/a

196

1974

2002

$19

$17.64

91

2002

n/a

n/a

n/a

106

1970

1995

$20

$9

172

1972

2004

$27

$15.53

3

U

West Vancouver 575 16th St/Hollyburn Medical Centre

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

1760 Marine Dr/Hollyburn Plaza

M–Hollyburn Properties 604-926-7345/L–Colliers/Casey Pollard 604-681-4111

25,017

n/a

100 Park Royal South

M–Maple Leaf Property Management 604-925-8215/ L–Maple Leaf Property Management/Daniel Bar-Dayan

120,000

27,500 132,000 12

U

North Vancouver U

145 13th St E/Northmount Medical Centre 1 M–Warrington PCI 604-602-1887/L–Cushman & WakeďŹ eld/Brad Newman-Bennett 604-640-5860 27,500

n/a

27,500 10

1969

1992

$19

$18.03

101 16th St W

L–Avison Young/Terry Thies 604-646-8398

22,000

n/a

22,000

n/a

n/a

$23

$14

255 1st St W/Esplanade Centre-North

L–Re/Max Crest Realty/Ross Forman/Jeff Pilkington 604-980-3003

53,216

n/a

53,216 3

76

1978

1999

$15

$10.77

930 1st St W/Capilano Business Park II

M–Triovest Realty Advisors/May Lee 604-642-4511/ L–Triovest Realty Advisors/Patrice Woo 604-642-4500

85,834

n/a

85,834 2

132

1992

n/a

n/a

$6.71

U

980 1st St W/Capilano Business Park I

M–Triovest Realty Advisors/May Lee 604-642-4511/ L–Triovest Realty Advisors/Patrice Woo 604-642-4500

84,059

n/a

84,059 2

133

1991

n/a

n/a

$6.71

U

949 3rd St W/Capilano Business Park III

M–Triovest Realty Advisors/May Lee 604-642-4511/ L–Triovest Realty Advisors/Patrice Woo 604-642-4500

121,197

n/a

121,197 2

215

1994

n/a

n/a

$6.47

U

2011

n/a

$23

$11

87

1984

1992

$19

$12.94

1983

n/a

n/a

n/a

2

2400 Dollarton Hwy/Maplewood Gate

L–Avison Young/Terry Thies/Ian Whitchelo 604-646-8398

26,000

n/a

26,000

2

171 Esplanade W

M–Gulf PaciďŹ c/Ryan Russell 604-990-1500/ L–Re/Max Crest Realty/Ross Forman/Jeff Pilkington 604-980-3003

66,266

n/a

71,325

6

221 Esplanade W

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

142,268

10,389 152,657 6

250

U

224 Esplanade W/Harbour Quay

M–Sodican/Linda Urquhart 604-988-0646/L–Gotham Realty/Darryl Chandra 604-904-0440

45,605

12,891

58,496

6

139

1981

n/a

$18

$13.51

U

260 Esplanade W/Esplanade Centre

M–Warrington PCI/Anthony Paes-Braga 604-331-5233/ L–Re/Max Crest Realty/Ross Forman/Jeff Pilkington 604-980-3003

104,570

n/a

104,570 3

213

1978

n/a

$15

$10.77

U

267 Esplanade W/West Quay Centre

M–Colliers/Bunny Wortman 604-681-4111/ L–Re/Max Crest Realty/Ross Forman/Jeff Pilkington 604-980-3003

50,507

n/a

52,737 3

160

1986

n/a

$15.50 $11.75

U

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77


LA ST

AV ER AG ER

AV AT E E CO RAG ST E OP ER AT BO IN G M A

D YE

65

2001

n/a

$18

$11.71

U

20

2005

n/a

$14

$10

U

2009

n/a

$26

$10

2002

n/a

$24

$12.50

50 Fell Ave/Dockside Business Ctr

M/L–Martello Property Services/Tony Akester 604-681-6544

32,000

n/a

32,000 2

850 Harbourside Dr/Harbourside Corporate Ctr

L–Avison Young/Terry Thies 604-646-8398

45,000

n/a

45,000

4

889 Harbourside Dr/Harbourside Business Park

M–Concert Realty Services/Shannon Gibbs 604-602-3720/L–Avison Young/Terry Thies 604-646-8398 74,670

n/a

74,670

3

YE

AR

RE

S ST AL L G IN

AR

BU ILT

YS

160

EN

ET FE

EE

QU AR E

OR E

n/a

TA LR

PA RK

3

EF

37,492

NO VA TE

ST

37,492

T TO TA LS

ET FE RE

TA IL

SQ UA R

QU AR E

M–GWL Realty Advisors/David Basford 604-713-3162/ L–GWL Realty Advisors/John McGrandle 604-713-6473

ES

38 Fell Ave/Harbourside Centre

IC

M–Management company/Contact phone L–Leasing company/Contact phone

OF F

Address/Building name

U

1133 Lonsdale Ave

M–V-1500 Holdings/Margaret Thomson 604-984-2899/L–Colliers/Brian MacKenzie 604-681-0829

21,800

7,000

28,800 4

2010

n/a

$23.50 $16.25

1501 Lonsdale Ave/Central Block

M–Austeville Properties/Scott Reid 604-216-5517/L–Forman Pilkington/Ross Forman 604-980-3003

20,500

n/a

20,500

2

1974

n/a

$16

$17.09

U

1200 Lynn Valley Rd/Valley Professional Centre

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

28,000

12,000 40,000

3

1988

2000

n/a

n/a

U

1801 Welch St/Welch Business Centre

M–NewWest Enterprise/L–CBRE Ltd/Mehdi Shokri 604-662-5179

$10.03

112

20,140

n/a

20,140

2

1975

n/a

$12

1861 Welch St/Welch St Business Centre M–NewWest Enterprise/Cathy Mihailides 604-683-7133/L–CBRE Ltd/Mehdi Shokri 604-662-5179 25,201

n/a

25,201

2

25

1971

n/a

$13

$10.03

2609 Westview Dr/Westview Professional Centre

7,968

31,350 4

60

1988

n/a

$18

$14.35

169,047 7

23,382

M–Gulf Pacific/Ryan Russell 604-990-1500/ L–Re/Max Crest Realty/Ross Forman/Jeff Pilkington 604-980-3003

Vancouver 12th & Renfrew St/Renfrew Centre

L–Cushman & Wakefield/Roger Leggatt 604-640-5882

162,386

n/a

n/a

n/a

n/a

$14

555 12th Ave W/City Square

M–City Square Property Holdings 604-876-5165/L–Colliers/Marco DiPaolo 604-661-0838

130,000

120,000 302,000 6

726

1989

2002

$25

$21.01

U

1200 73rd Ave W/Airport Square

M–Colliers/Daniel Mok 604-662-2687/L–NAI Commercial/Rob DesBrisay/Andrew Astles 604-691-6602 222,000

n/a

400

1975

2000

$18

$11.88

U

222,000 14

1700 75th Ave W/Angus Corporate Centre

M–Angus Corporate Centre Ltd/Andrew Chang 604-261-8066/L–Angus Corporate Centre

61,430

n/a

61,430 3

1991

n/a

$15

$9.37

134 Abbott St

M–Danet Interiors/L–Paradigm Group/Steven Fast 604-328-2524

40,000

8,000

48,000

1910

2010

$20

$10

n/a

103,416 6

164

2003

n/a

$22

$12.75

1965

n/a

$22

$17

80

1959

1987

n/a

n/a

6190 Agronomy Rd/Technology Enterprise M–Discovery Parks 604-734-7275/L–Cushman & Wakefield/Andrew Laurie/Roger Leggatt 604-640-5882 103,416 Facility III

6

5655 Cambie St/Oakridge Place

M/L–Prospero Int’l/Jeff Nightingale 604-669-7733

20,149

6,749

26,898

3

5740-5780 Cambie St/Oakridge Plaza

M–Bentall Kennedy/Glen Cartier 604-661-5000/L–Bentall Kennedy/Tim Evans 604-233-1009

44,695

n/a

44,695

3

211 Columbia St

M–Crosby Property Management/Gregory Almas 604-683-8900/ L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

28,950

n/a

28,950

3

n/a

2001

n/a

$8.62

2386 East Mall/Gerald McGavin Bldg

M–Discovery Parks 604-734-7275/ L–Cushman & Wakefield Ltd/Andrew Laurie/Roger Leggatt 604-640-5883

33,536

n/a

33,536

3

1996

n/a

$22

$13.02

5550 Fraser St

L–MacDonald Commercial/Eric Poon 604-714-4768

40,183

n/a

40,183

3

1970

n/a

n/a

$8.23

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AV AT E E CO RAG ST E OP ER AT BO IN G M A

D

TA LR EN

RE AR

AV ER AG ER

n/a

50,000

6

163

1989

n/a

$22

$9.30

42,337

n/a

42,337

3

92

1957

n/a

n/a

n/a

3

1957

1999

n/a

$15.93

2010

n/a

n/a

n/a

LA ST

G IN

OR E

AR YE

RE

IC OF F

YE

PA RK

BU ILT

ST AL L

S

FE

20,500

M–Blanca Realty 604-453-5018/L–Blanca Realty/Kenny Diebel 604-453-5021

YS

L–Avison Young/Justin Omichinski 604-646-8387

TO TA LS

211 Georgia St E/Golden Crown Centre 3605 Grandview Hwy

TA IL

ST

QU AR E

EF

NO VA TE

ET

T EE

ET FE

SQ UA R

QU AR E

M–Management company/Contact phone L–Leasing company/Contact phone

ES

Address/Building name

U

3195 Granville St/Hycroft Centre

M–Wesgroup Properties/L–Wesgroup Properties/Rob Eyers 604-633-2898

33,000

500

36,500

800 Griffiths Way/Rogers Arena Tower

L–CBRE Ltd/Geoff Donelly 604-662-3000

250,000

n/a

280,000 22

3680 Hastings St E/Pacific Professional Centre

M–Gulf Pacific/Ryan Russell 604-990-1500/L–Colliers/Derek May 604-661-0837

22,722

6,000

28,649

3

1980

n/a

$10

$11.76

2389 Health Sciences Mall/Donald Rix Bldg

M–Discovery Parks 604-734-7275/L–Cushman & Wakefield Ltd/Andrew Laurie 604-640-5883

53,476

n/a

53,476 4

2000

n/a

$19

$11.40

1150 Station St/Pacific Central Sation

L–Cushman & Wakefield/Matthew MacLean/Chris Newton 604-640-5855

34,500

n/a

75,000

3

1919

n/a

$18

$13.21

1618 Station St/False Creek Research Park-Bldg A

M–H&R Property Management/L–CBRE Ltd/Blair Quinn 604-662-5161

72,000

n/a

72,000

5

2002

n/a

n/a

$16.50

8525 Baxter Pl/Production Court I

L–Colliers/Rob Chasmar 604-661-0822

44,071

n/a

44,071

2

296

1999

n/a

$15

$11.27

6450 Burlington Ave/Burlington Square

L–Colliers/Rob Chasmar/Brian MacKenzie 604-681-4111

23,000

n/a

25,984

3

75

1982

1991

$15

$12.30

9600 Cameron St/Lougheed Plaza

M–King Day Holdings/George Ng 604-738-8819/L–Colliers/Brian MacKenzie 604-661-0829

35,739

32,289 68,028 3

150

1981

n/a

$14

$10

4259 Canada Way/Canada Way I

M–Dundee Realty/Dawn Surette 604-586-5101/ L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-640-5882

59,000

n/a

59,000 2

196

1973

1998

n/a

$15.47

U

4585 Canada Way/Canada Way Business M–Touchstone Property Management/Donna McCrone 604-688-4340/ Park L–Avison Young/Darrell Hurst/Matthew Craig 604-687-7331

47,000

n/a

47,000

4

94

1982

1996

$15

$10.57

U

4595 Canada Way/Canada Way Business M–Touchstone Property Management/Donna McCrone 604-688-4340 / Park L–Avison Young/Darrell Hurst/Matthew Craig 604-687-7331

47,000

n/a

47,000

4

94

1982

1996

$15

$10.64

U

4601 Canada Way/Canada Way Business M–Touchstone Property Management/Donna McCrone 604-688-4340 / Park - Bldg A L–Avison Young/Darrell Hurst/Matthew Craig 604-687-7331

86,189

n/a

86,189 5

345

2000

n/a

$20

$11.17

U

4621 Canada Way/Canada Way Business M–Touchstone Property Management/Donna McCrone 604-688-4340 / Park - Bldg C L–Avison Young/Darrell Hurst/Matthew Craig 604-687-7331

69,772

n/a

69,772 4

279

2000

n/a

$20

$12.05

U

4940 Canada Way/Deer Lake Centre II

M–City of Burnaby/L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-683-3111

97,000

n/a

107,880 5

1981

n/a

$16

$11.84

4946 Canada Way/Deer Lake Centre I

M–City of Burnaby/L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-683-3111

88,681

n/a

88,681 5

1981

n/a

$16

$12.38

316

90

U

Burnaby

4299 Canada Way/Canada Way II

M–Dundee Realty/Dawn Surette 604-586-5101/L–Cushman & Wakefield/Roger Leggatt 604-640-5882

57,358

1,391

58,749 2

175

1972

1999

$16

$15.47

U

4370 Dominion St/Central Place

M–Dundee Realty Management/Dawn Surette 604-586-5101/L–Colliers/Rob Chasmar 604-681-4111

64,100

n/a

64,100

6

160

1983

1999

$16

$14.06

U

4400 Dominion St

M–Dundee Realty Management/Dawn Surette 604-586-5117/L–Colliers/Rob Chasmar 604-681-4111

91,727

n/a

91,727 5

225

1977

2000

$16

$15.12

U

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www.duraseal.ca BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

79


AV ER AG ER

AV AT E E CO RAG ST E OP ER AT BO IN G M A

D PA RK

48,494

3

142

2002

n/a

n/a

n/a

n/a

50,000 3

331

2014

n/a

n/a

$12.82

3555 Gilmore Way

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

80,797

n/a

80,797 19

300

1989

n/a

n/a

n/a

3605 Gilmore Way/Discovery Place

M–Bentall Kennedy/Joanne Montgomery 604-661-5624/L–Bentall Kennedy/Jeff Lim 604-661-5619 44,868

n/a

44,868

138

3650 Gilmore Way

M–Concert Realty Services/Shannon Gibbs 604-602-3720/L–Concert Realty/Jeff Juhala 604-602-3711 51,720

n/a

51,720 3

LA ST

YE

AR

RE

S ST AL L G

BU ILT

IN

AR YE

EN

ET YS OR E

EF TA IL

FE

EE

ET FE

SQ UA R

QU AR E ES IC OF F

QU AR E

3

TA LR

ST

n/a

47,129

M–Management company/Contact phone L–Leasing company/Contact phone

NO VA TE

TO TA LS

48,494

3555 Gilmore Way/Gilmore Way Phase III M–3555 Gilmore Holdings/L–CBRE Ltd/Zach Wittenberg 604-662-5158

T

RE

3480 Gilmore Way/Discover Place Bldg 8 M–Bentall Kennedy/Joanne Montgomery 604-661-5624/L–Bentall Kennedy/Jeff Lim 604-661-5619

Address/Building name

U

U

2000

n/a

n/a

$12.16

U

2001

n/a

n/a

$8.32

U

n/a

3600-3602 Gilmore Way/PMC Bldg

M–Prime Mover Controls Inc/L–PMC Controls/Arni Lund 604-433-4644

52,260

n/a

52,260 2

150

1998

n/a

$27

9200 Glenlyon Pkwy/Nokia Bldg

L–Colliers/Rob Chasmar 604-661-0822

94,623

n/a

94,623 3

310

2003

n/a

n/a

$12.50

4430 Halifax St/Halifax Bldg

M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Danielle Neuman

23,069

n/a

23,069

2

1990

n/a

$18

$11.64

U

3875 Henning Dr

M–Colliers 604-661-0896/L–Colliers/Rob Chasmar 604-661-0822

20,246

n/a

20,246

2

1997

n/a

$19.75 $11.83

U

3991 Henning Dr/Bridge Business Centre M–Crosby Property Managemnet 604-683-8900/L–Re/Max Central/Chris Davies/Peter Hall 604-718-7300

20,886

n/a

20,886

2

3665 Kingsway/Boundary Plaza

57,000

n/a

57,000 3

M–Warrington PCI/Karin Fung 604-331-5236/ L–Cushman & Wakefield/Max Zessel/Andrew Laurie 604-640-5824

58 44

2000

n/a

$16

$10.50

114

1980

n/a

$16

$14.02

U

4211 Kingsway/Burnaby Centre

M–Burnaby Centre Management 604-649-1674/L–NAI Commercial/Rob DesBrisay 604-691-6602 57,400

n/a

57,400 7

1985

1999

$22

$11.59

4710 Kingsway/Metrotower I

M–Ivanhoe Cambridge/Natalie Bishop 604-438-4700/L–Ivanhoe Cambridge/Luke Gibson 604-680-5857 261,479

n/a

261,479 28

500

1989

n/a

$25

$18.43

U

4720 Kingsway/Metrotower II

M–Ivanhoe Cambridge/Natalie Bishop 604-438-4700/ L–Avison Young/Darrell Hurst/Bill Elliott 604-683-3111

352,000

n/a

352,000 30

415

1991

n/a

$26

$16.97

U

4800 Kingsway/Metropolis @ Metrotown M–Ivanhoe Cambridge/Doug MacDougall 604-630-3304/ Office Galleria L–Ivanhoe Cambridge/Luke Gibson 604-630-5857

78,735

n/a

79,035 1

1986

1996

$28

$17.38

U

5021 Kingsway/Marlbrough Court

64,736

n/a

83,000 5

1976

n/a

$18

$12

U

4180 Lougheed Hwy/Lougheed Commerce M–Standard Life Assurance/Graham Morton 604-664-8040/ Court I L–Cushman & Wakefield/Bart Corbett/Roger Leggatt 604-683-3111

86,521

n/a

86,521 6

453

1984

n/a

$16

$13.65

U

4190 Lougheed Hwy/Lougheed Commerce M–Standard Life Assurance/Graham Morton 604-664-8040/ Court II L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-683-3111

69,973

n/a

69,973 5

453

1983

1996

$16

$13.96

U

M–Colliers 604-681-4111/L–Colliers/Rob Chasmar

4445 Lougheed Hwy/Commerce@citi

M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Brent Lee

107,246

23,000 135,000 12

300

2010

n/a

$32

$13.50

U

4664 Lougheed Hwy

M–Dodwell Realty 604-699-5209/L–Dodwell Realty/Ivy Yung

195,883

n/a

195,883 2

343

1975

1999

$20

$12

U

4240 Manor St/Maple Leaf Centre

M/L–Martello Property Services/Tony Akester 604-681-6544 604-681-6543

64,814

n/a

67,498 3

167

1974

2007

$14

$10

U

3920 Norland Ave/Norland Place

M–Martello Property Services/Tony Akester 604-681-6544/ L–Colliers/Rob Chasmar/Brian MacKenzie 604-681-0829

30,000

n/a

30,000

60

1981

2002

$12.50 $9.79

View with

3

U

SHELTER ISLAND COMMERCE CENTRE 6900 GRAYBAR ROAD RICHMOND, B.C.

NOW LEASING Key areas of service are: Depreciation Reports ■ Mechanical Engineering ■ Repipes ■ Building Science ■ Roofing & Waterproofing ■

Building Features:

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♦ Built to LEED Silver Standards ♦ Extensive glazing and natural light ♦ Attractive landscaped entrance, parking and amenities area ♦ Great corporate identity with bldg crown signage ♦ Three-storey office/warehouse building, all with waterfront views ♦ Office space from 1,500 sf

For leasing inquiries, please contact

Member of BC Building Envelope Council (BCBEC)

604-255-0992 | www.mccuaig.net 80

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

FARRELL ESTATES LTD. Stephanie Setchell 604.273.7505 | ssetchell@farrellestates.com www.farrellestates.com Stephanie Setchell is licensed with Fraser River Realty Ltd. and has a contractual relationship with Farrell Estates Ltd.


AV AT E E CO RAG ST E OP ER AT BO IN G M A

D

TA LR EN

RE AR

AV ER AG ER

117,031

n/a

117,031 6

296

1999

n/a

$20

$11.46

M–Westminster Management/L–Cushman & WakeďŹ eld/Alex Morris 604-640-5806

108,966

7,225

113,146 7

210

2008

n/a

$27

$11.08

LA ST

G IN

AR

OR E ST

TA IL RE

IC OF F

YE

YE

L–Colliers/Rob Chasmar 604-661-0822

YS

2700 Production Way/Production Court III 3292 Production Way/Lake City Centre

TO TA LS

PA RK

BU ILT

ST AL L

S

FE QU AR E

EF

NO VA TE

ET

T EE

ET FE

SQ UA R

QU AR E

M–Management company/Contact phone L–Leasing company/Contact phone

ES

Address/Building name

6400 Roberts St/Sperling Plaza I

M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Brent Lee

66,294

n/a

66,294 4

321

1975

2012

$17

$12.41

U

6450 Roberts St/Sperling Plaza II

M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Brent Lee

65,396

n/a

65,396 4

321

1975

2012

$17

$12.41

U

1901 Rosser Ave/Madison Centre

M–Bosa Development/Dean Reed 604-294-0666/ L–Bosa Development/Danielle Neuman

61,106

n/a

61,106

8

2001

n/a

$25

$12.75

U

4170 Still Creek Dr/Willingdon Park Phase 2

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

79,209

n/a

79,209

4

257

1991

n/a

n/a

$14.67

U

4185 Still Creek Dr/Willingdon Park Phase I

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Trovest Realty Advisors/Jocelyne Legal 604-642-4504

46,607

n/a

46,607

3

131

1990

n/a

n/a

$15.71

U

4190 Still Creek Dr/Willingdon Park Phase 4

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

135,081

n/a

135,081 4

412

1999

n/a

n/a

$14.66

U

4260 Still Creek Dr/Willingdon Park Phase 3

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

152,076

n/a

152,076 5

529

1992

n/a

n/a

$14.35

U

4321 Still Creek Dr/Willingdon Park Phase 6

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

226,772

n/a

226,772 6

684

2001

n/a

n/a

$14.14

U

4333 Still Creek Dr/WIllingdon Park Phase 7

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

67,305

n/a

67,305 4

211

2001

n/a

n/a

$17.44

U

4350 Still Creek Dr/Willingdon Park Phase 8

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

91,510

n/a

91,510 4

247

2010

n/a

n/a

$13.15

U

4370 Still Creek Dr/Willingdon Park Phase 9

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

92,354

n/a

92,354 4

247

2010

n/a

n/a

$13.23

U

4401 Still Creek Dr/Willingdon Park Phase 5

M–Triovest Realty Advisors/Dean De Sousa 604-639-8000/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

70,559

n/a

70,559

3

192

1999

n/a

n/a

$15.72

U

3001 Wayburne Dr/Canada Way Business Park

M–Touchstone Property Management/Donna McCrone 604-688-4340/ L–Avison Young/Darrell Hurst/Matthew Craig 604-687-7331

102,000

n/a

102,000 2

340

1996

n/a

$17

$9.99

U

4475 Wayburne Dr/Technology Place@BCIT

M–Discovery Parks 604-734-7275/L–Cushman & WakeďŹ eld/Andrew Laurie 604-640-5883

31,057

n/a

31,057

50

2000

n/a

n/a

$12

1795 Willingdon Ave

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

170,000

n/a

170,000 2

1983

n/a

n/a

n/a

3185 Willingdon Green

M–Artis REIT/L–Colliers/Rob Chasmar 604-681-4111

46,782

n/a

46,782

1986

n/a

$17

$11.91

3

3

147

U

SERVICING THE ENTIRE LOWER MAINLAND Professional Land Surveying Company Specializing in Leasing Surveys Shopping Centres | 2IĂśFH 7RZHUV | Warehouses Quality Products & Services 0HDVXUHPHQWV 5HWDLO 2IĂśFH ,QGXVWULDO %20$ )ORRU 3ODQV $UHD &HUWLĂśFDWLRQV Proud Member of BOMA BC

# Yvon Gosselin, Lease Division Manager

604.596.0391 | YGosselin@McElhanney.com

" !!"

BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

81


LA ST

AV ER AG ER

AV AT E E CO RAG ST E OP ER AT BO IN G M A

D YE

15,000

39,000 7

2013

n/a

$22

$10

U

7018 Lougheed Hwy/Bainbridge Business Park

M–Bentall Kennedy/Bruce Tanner 604-661-5084/L–Bentall Kennedy/Jeff Rank 604-661-5090

54,542

n/a

54,542 2

1959

1988

n/a

n/a

U

2099 Lougheed Hwy/Shaughnessy Square M–Macdonald Commercial/Nick Marini 604-736-5611/ L–Cushman & Wakefield/Craig Ballantyne 604-608-5928

23,000

n/a

43,663

94

2000

n/a

$18

$12

2755 Lougheed Hwy/Poco Place

M/L–Cushman & Wakefield/Craig Ballantyne 604-608-5928

59,993

103,929 163,844 7

573

1981

2003

n/a

$15.94

625 Agnes St/Queen’s Court

M–Dundee Realty Management/Dawn Surette 604-586-5101/ L–Avison Young/Darrell Hurst 604-687-7331

79,722

n/a

100

1981

1991

$15

$12.67

604 Columbia St/Spencer Bldg

L–Taurus Commercial/Cliff Raps 778-388-2543

40,000

n/a

52,272

1 Eight St/Merchant Square

M–City of New Westminster 604-521-3711/L–Avison Young/Darrell Hurst 604-687-7331

137,000

6,700

143,769 12

225,405

n/a

n/a

3,891

YE

AR

RE

S ST AL L G

BU ILT

IN

AR

PA RK

EN

ET ST

OR E

YS

QU AR E

EF

FE

EE

ET FE

SQ UA R

QU AR E ES

TA LR

TO TA LS

24,000

M–Management company/Contact phone L–Leasing company/Contact phone

NO VA TE

TA IL RE

M–Onni Property Management/Joel Rao 604-602-7711/ L–Cushman & Wakefield/Craig Ballantyne 604-683-3111

T

IC OF F

2950 Glen Dr/The Oasis

Address/Building name

Coquitlam

Port Coquitlam 3

New Westminster

287 Nelson’s Crt/The Brewery District Bldg 1 M–Wesgroup Properties 604-648-1817/L–Wesgroup Properties/Paula Wright

85,042 5 6

U

1907

n/a

$14

$9.50

195

2014

n/a

n/a

n/a

2012

n/a

n/a

n/a

U

60,286 4

130

1988

n/a

$20

$17.06

U

1980

n/a

$17

$10.45

8

960 Quayside Dr/First Capital Place

M–Dundee Realty Management/Dawn Surette 604-586-5101/L–Colliers/Rob Chasmar 604-661-0822 56,395

620 Royal Ave/Royal Avenue Centre

M/L–Taurus Commercial/Cliff Raps 778-388-2543

48,000

n/a

48,000

3

60

628 Sixth Ave/Royal Bank Bldg

M–Martello Property Services/Tony Akester 604-681-6544/L–Remax/Bob Scragg 604-290-2906

60,755

13,929 74,550

6

88 Sixth St/The Land Titles Building

L–Taurus Commercial/Cliff Raps 778-388-2543

60,000

6,000

505 Sixth St/Westminster Centre South

M/L–UPG Uptown Property Group/Wayne Beattie 604-525-8866 604-525-8618

41,600

550 Sixth St/Sixth and Sixth Bldg

M–Bentall Kennedy 604-661-5000/L–Cushman Wakefield/Mex Zessel 604-640-5824

23,137

555 Sixth St/Westminster Centre (Formerly Westminster Mall)

M/L–UPG Uptown Property Group/Wayne Beattie 604-525-8866 604-525-8618

34,600

601 Sixth St/Uptown Centre

M/L–UPG Uptown Property Group/Wayne Beattie 604-525-8866 604-525-8618

610 Sixth St/Royal City Centre

L–Colliers/Rob Chasmar 604-681-4111

U

140

2000

n/a

$22

$13

66,000 4

80

1980

2011

$14

$9.20

12,000

54,000 4

162

2008

n/a

n/a

n/a

U

n/a

23,137

40

1962

n/a

n/a

n/a

U

82,000 118,600 4

354

1978

2012

n/a

n/a

U

30,000

10,000 40,000

79

2001

n/a

n/a

n/a

U

80,255

n/a

1992

n/a

$12

$12.19

3

4

159,404 2

Richmond 8171 Ackroyd Rd/Richport Town Centre

M–Warrington PCI/David Chan 604-331-5237/L–Dorset Realty/Colin Schuss 604-270-1711

36,402

75,529 119,931 6

350

1987

n/a

n/a

n/a

5400 Airport Rd S

M/L–Huntingdon Capital Corp/Lisa Kaisers 604-249-5120

24,195

n/a

101,720 3

180

1940

n/a

$14

$10

7671 Alderbridge Way

M–Swordfern Management 604-279-0022/L–Cushman & Wakefield/Mark Chambers 604-640-5880

74,134

n/a

74,134

158

13955 Bridgeport Rd

L–Cushman & Wakefield/Mark Chambers 604-640-5880

94,668

n/a

94,668 4

13351 Commerce Pkwy/Commerce Court M/L–Compass Point/Mark Morrison 604-214-8645 International Phase I

67,150

n/a

72,777

3

13353 Commerce Pkwy/Commerce Court M/L–Compass Point/Mark Morrison 604-214-8645 International Phase II

63,512

n/a

13511 Commerce Pkwy/Crestwood Corporate Centre 3

M–GWL Realty Advisors/Robert Kozlowski 604-568-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

40,130

13551 Commerce Pkwy/Crestwood Corporate Centre 4

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

13571 Commerce Pkwy/Crestwood Corporate Centre 5

1975

n/a

$7.95

$5.12

1973

n/a

$8

$5.99

196

1998

n/a

$16

$9

68,914 3

186

1999

n/a

$16

$9

n/a

40,130 1

120

1989

2007

$18

$10

U

55,788

n/a

55,788 2

112

1990

2006

$19

$9

U

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

77,274

n/a

77,274

2

232

1992

2004

$19

$11

U

13575 Commerce Pkwy/Crestwood Corporate Centre 6

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

77,566

n/a

77,566

2

233

1993

2004

$19

$11

U

13775 Commerce Pkwy/Crestwood Corporate Centre 7

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

79,547

n/a

79,547

3

239

1995

2006

$19

$11

U

13777 Commerce Pkwy/Crestwood Corporate Centre 8

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

81,368

n/a

81,368 3

244

1996

2007

$19

$11

U

13799 Commerce Pkwy/Crestwood Corporate Centre 9

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

50,000

n/a

50,000 2

140

1993

2009

n/a

n/a

U

82

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

3

U


AV AT E E CO RAG ST E OP ER AT BO IN G M A

D

U

1989

YE

AR

EN

RE

490

TA LR

AV ER AG ER

$6

NO VA TE LA ST

ST AL L G

BU ILT

IN

YE

AR

PA RK

ST

RE

IC

$19

S

FE

181,588 2

OR E

n/a

YS

QU AR E

EF

181,588

TO TA LS

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

TA IL

13800 Commerce Pkwy/Crestwood Corporate Centre 1

OF F

n/a

ET

T EE

ET FE

SQ UA R

QU AR E

M–Management company/Contact phone L–Leasing company/Contact phone

ES

Address/Building name

5611 Cooney Rd/Coast Capital Prof Ctr

M–Wesgroup Properties 604-633-2898/L–Wesgroup Properties/Rob Eyers

30,714

n/a

41,555

3

1985

n/a

$14

$11.74

U

5811 Cooney Rd/Pacific Business Centre

M–Concert Properties/Caron Tauber 604-602-3748/ L–Cushman & Wakefield/Mark Chambers 604-640-5880

99,360

n/a

99,360

6

251

1989

1995

$17

$13.81

U

11331 Coppersmith Way/Riverside Professional Centre

M–Porte Realty/Hershey Porte 604-732-7651/ L–Cushman & Wakefield/Matthew MacLean 604-640-5855

32,485

n/a

44,008

3

152

2002

n/a

$15

$10

13140 Delf Pl/Knightsbridge Business Park 7

M–GWL Realty Advisors/David Basford 604-713-3162/ L–GWL Realty Advisors/John McGrandle 604-713-6473

30,907

n/a

30,907 1

93

1987

n/a

$11

$5

U

13155 Delf Pl/Knightsbridge Business Park 5

M–GWL Realty Advisors/David Basford 604-713-3162/ L–GWL Realty Advisors/John McGrandle 604-713-6473

33,200

n/a

33,200 1

110

1988

n/a

$11

$6

U

13200 Delf Pl/Knightsbridge Business Park 8

M–GWL Realty Advisors/David Basford 604-713-3162/ L–GWL Realty Advisors/John McGrandle 604-713-6473

21,498

n/a

21,498 1

72

1987

n/a

$11

$5

U

13211 Delf Pl/Knightsbridge Business Park 2

M–GWL Realty Advisors/David Basford 604-713-3162/ L–GWL Realty Advisors/John McGrandle 604-713-6473

24,864

n/a

24,864 1

1980

n/a

$11

$5

U

13231 Delf Pl/Knightsbridge Business Park 1

M–GWL Realty Advisors/David Basford 604-713-3162/ L–GWL Realty Advisors/John McGrandle 604-713-6473

53,800

n/a

53,800 1

1980

n/a

$11

$6

U

13251 Delf Pl/Knightsbridge Business Park 3 & 4

M–GWL Realty Advisors/David Basford 604-713-3162/ L–GWL Realty Advisors/John McGrandle 604-713-6473

47,060

n/a

47,060 1

1987

n/a

$11

$7

U

13260 Delf Pl/Knightsbridge Business Park 9

M–GWL Realty Advisors/David Basford 604-713-3162/ L–GWL Realty Advisors/John McGrandle 604-713-6473

45,350

n/a

45,350

2

1982

1997

$11

$4

U

8100 Granville Ave/Richmond Place

L–Cushman & Wakefield/Mark Chambers 604-640-5880

90,605

n/a

94,525

9

1987

2008

n/a

$14.15

6900 Graybar Rd/Shelter Island Commerce M/L–Farrell Estates Ltd/Stephanie Setchell 604-273-7505 Centre Phase III

31,769

90

94,826 3

214

2013

$12.50 $4.75

11120 Horseshoe Way/Riverside Place

M–Fraser Park Realty 604-568-7014/L–Cushman & Wakefield/Mark Chambers 604-640-5880

55,370

n/a

58,418 3

118

1994

n/a

$12.95 $6.05

13700 International Pl/Crestwood Corporate Centre 2

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

81,713

n/a

81,713 3

221

1998

n/a

$19

$10

U

13711 International Pl/Crestwood Corporate Centre 10

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/John McGrandle 604-713-6473

81,000

n/a

81,000 3

2000

n/a

$19

$11

U

4600 Jacombs Rd/Delf Place

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/John McGrandle 604-713-6473

75,966

n/a

75,966

2

228

2001

n/a

$18

$11

U

3600 Lysander Lane

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

115,089

n/a

115,089 5

460

1989

2007

n/a

n/a

U

4840 Miller Rd

M/L–Huntingdon Capital Corp/Lisa Kaisers 604-249-5120

30,451

n/a

166,122 2

655

1973

1979

$14

$12

5000 Miller Rd

M/L–Huntingdon Capital Corp/Lisa Kaisers 604-249-5120

61,093

n/a

131,227 2

225

1988

n/a

$14

$11

5200 Miller Rd

M/L–Huntingdon Capital Corp/Lisa Kaisers 604-249-5120

44,718

n/a

81,605 2

200

1990

n/a

$14

$11

5980 Miller Rd

M/L–Huntingdon Capital Corp/Lisa Kaisers 604-249-5120

18,636

n/a

29,241 1

45

1989

n/a

$14

$12

126,705 2

220

4831-4851-4871 Miller Rd

M/L–Huntingdon Capital Corp/Lisa Kaisers 604-249-5120

49,543

n/a

4940 No 3 Rd/Alderbridge Place

M–Colliers/Barry Holmes 604-662-2623/L–Colliers/Jeff Pockett 604-692-1413

50,355

43,938 94,293 3

5951 No 3 Rd/London Plaza

M–Warrington PCI 604-331-5232/L–Cushman & Wakefield/Mark Chambers 604-640-5880

27,500

n/a

27,500

7080-7100 River Rd/River Road Business Centre

M–KAP Management/ 604-669-9398/L–Dorset Realty/Colin Schuss 604-270-1711

115,889

n/a

12033 Riverside Way/Riverside Business M–Sherwood Corporate Services/ Centre L–Cushman & Wakefield/Matthew MacLean/Lee Hester 604-683-3111

34,426

1984

n/a

$14

$12

1976

n/a

$13

$12.53

U

1994

n/a

$16.50 $14.72

U

305,916 2

1975

1998

$11

$5.31

n/a

34,426

2008

n/a

$18

$8

5

55

3

3751 Shell Rd/Airport Executive Park B

M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009

33,521

n/a

33,521 1

104

1973

1989

n/a

n/a

U

10200 Shellbridge Way/Airport Executive Park C

M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009

34,371

n/a

34,371 1

96

1973

1989

n/a

n/a

U

10451 Shellbridge Way/Airport Executive Park 1

M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009

62,263

n/a

62,263 2

156

1976

2006

n/a

n/a

U

CONSTRUCTION

PUBLIC SECTOR

REAL ESTATE

MANUFACTURING

Local Ownership, Global Reach.

Madison Centre 700 - 1901 Rosser Avenue Burnaby, British Columbia V5C 6R6

Telephone: 604-294-3301 Toll Free: 1-800-263-3313

www.cmwinsurance.com

BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

83


TO TA LS

PA RK

YE

LA ST

AV ER AG ER

AV AT E E CO RAG ST E OP ER AT BO IN G M A

D RE

M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009

60,618

n/a

60,618 2

164

1975

2006

n/a

n/a

U

10760 Shellbridge Way/Airport Executive Park 8

M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009

69,857

n/a

69,857 1

236

1980

1992

n/a

n/a

U

10760 Shellbridge Way/Airport Executive Park 4

M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009

30,579

n/a

30,579 1

118

1978

2006

n/a

n/a

U

10991 Shellbridge Way/Airport Executive Park 7

M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009

79,742

n/a

79,742

3

249

2002

n/a

n/a

n/a

U

13071 Vanier Pl/Richmond Corporate Centre 5

M–Alpha Equities/Ian Moodie 604-279-0344/ L–Cushman & Wakefield/Mark Chambers 604-640-5880

27,000

n/a

27,000

2

85

1992

n/a

$17.50 $10.25

13091 Vanier Pl/Richmond Corporate Centre 6

M–Alpha Equities/Ian Moodie 604-279-0344/ L–Cushman & Wakefield/Mark Chambers 604-640-5880

50,302

n/a

50,302 3

1998

n/a

$18

13111 Vanier Pl/Richmond Corporate Centre 4

M–Alpha Equities/Ian Moodie 604-279-0344/ L–Cushman & Wakefield/Mark Chambers 604-640-5880

44,302

n/a

44,302

2

1993

n/a

$19.50 $8.30

13120 Vanier Pl/Richmond Corporate Centre 2

M–Alpha Equities/Ian Moodie 604-279-0344/ L–Cushman & Wakefield/Mark Chambers 604-640-5880

36,584

n/a

36,584 2

1989

2003

$15.95 $6.40

13151 Vanier Pl/Richmond Corporate Centre 3

M–Alpha Equities/Ian Moodie 604-279-0344/ L–Cushman & Wakefield/Mark Chambers 604-640-5880

50,463

n/a

50,463 2

1990

n/a

$15.50 $6.50

13160 Vanier Pl/Richmond Corporate Centre 1

M–Alpha Equities/Ian Moodie 604-279-0344/ L–Cushman & Wakefield/Mark Chambers 604-640-5880

58,906

n/a

58,906 1

1989

2005

$12.95 $5.95

3011 & 3031 Viking Way/Knightsbridge Business Park

M–Concert Properties/Caron Tauber 604-602-3748/ L–Cushman & Wakefield/Mark Chambers 604-640-5880

29,790

n/a

38,562 2

1974

2004

$9.50

15127 100 Ave/Guildford Landmark

L–Avison Young/Darrell Hurst/Stephanie Loucas 604-687-7331

45,000

n/a

45,000

4

305

1991

n/a

n/a

$13.93

15117 101st Ave/Coast Capital Guildford

M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Brent Lee

53,818

n/a

53,818 4

119

1985

1998

$20

$12

23,000

n/a

23,000 1

46

1980

n/a

$16

$70.50

60

1990

n/a

$16

$7

1990

n/a

$17.50 $7.50

YE

AR

RE

S ST AL L G

BU ILT

IN

AR

OR E ST

EN

ET QU AR E

EF

FE

EE

ET FE TA IL

SQ UA R

QU AR E ES IC

YS

108

TA LR

OF F

10551 Shellbridge Way/Airport Executive Park 2

NO VA TE

M–Management company/Contact phone L–Leasing company/Contact phone

T

Address/Building name

$10.25

$10.99

U

Surrey

15355 102A Ave/Guildford Corporate Park M/L–Taurus Commercial/Cliff Raps 778-388-2543

24,000

n/a

24,000

2

15375 102A Ave/Schmidt Berg Business Park M–KB Consulting 604-590-8368/L–Colliers/Jason Teahen 604-661-0847

15375 102A Ave/Penma Business Centre

26,000

n/a

26,000

2 4

M/L–Taurus Commercial/Cliff Raps 778-388-2543

U

15225 104 Ave/Guildford Office Park

M–Colliers 604-681-4111/L–Frontline Real Estate/Todd Bohn/Jordan MacDonald 604-676-4138

48,856

n/a

48,856

120

1978

1999

$17.50 $12.73

U

13401 108 Ave/Station Tower-Gateway

M–Dundee Realty Management/Dawn Surette 604-586-5101/ L–Avison Young/Darrell Hurst 604-647-5069

218,590

n/a

218,590 18

437

1994

n/a

$28

U

7445 132 St/Surrey Central Business Park I

M–Concert Realty Services/Caron Tauber 604-602-3748/ L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-683-3111

72,000

n/a

72,000

2

1,200 1993

n/a

$12.50 $9

U

7455 132 St/Surrey Central Business Park IV

M–Concert Properties/Caron Tauber 604-602-3748/ L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-683-3111

55,000

n/a

55,000 2

2001

n/a

$12.50 $9

U

7495 132 St/Surrey Central Business Park II

M–Concert Properties/Caron Tauber 604-602-3748/ L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-683-3111

72,000

n/a

72,000

1994

n/a

$12.50 $9

U

7565 132 St/Surrey Central Business Park III

M–Concert Properties/Caron Tauber 604-602-3748/ L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-683-3111

90,000

n/a

90,000 2

1996

n/a

$12.50 $9

U

7327 137 St/Centre of Newton Phase II

L–Cushman & Wakefield Ltd/Roger Leggatt/Andrew Laurie 604-640-5885

37,548

4,741

42,289

7337 137 St/Newton Landmark II

L–Taurus Commercial/Cliff Raps 778-388-2543

55,000

n/a

55,000 4 20,000

2

4

2

255

140

$15.34

2013

n/a

n/a

$11.00

1996

n/a

$17

$18.60

30

1993

n/a

$17

$8.60

189

2001

n/a

$22

$11

2012

n/a

$18.50 $8.50

7350 137 St/Newton Landmark I

L–Taurus Commercial/Cliff Raps 778-388-2543

20,000

n/a

1688 152 St/Ocean Pointe

M–V1500 Holdings Inc 604-984-2899/L–Colliers/Jason Teahen 604-661-0847

60,000

22,000 82,000 4

5446 152 St/Panorama Business Centre

L–Colliers/Jason Teahen 604-661-0847

29,690

n/a

29,690

5455 152 St/Benchmark Business Centre I M–Benchmark Properties/Kees VanRhee 604-533-1138/ L–Re/Max Commercial Advantage/Ryan Schwartz/Gordon MacPherson 604-510-5555

112,500

n/a

112,500 3

340

2008

n/a

$17.50 $8.30

5477 152 St/Benchmark Business Centre II M–Benchmark Properties/Kees VanRhee 604-533-1138/ L–Re/Max Commercial Advantage/Ryan Schwartz/Gordon MacPherson 604-510-5555

115,000

n/a

115,000 3

340

2010

n/a

$17.50 $8.30

5620 152 St/Rodeo Square

M–Gulf Pacific/Ryan Russell 604-990-1500/ L–Cushman & Wakefield/Roger Leggatt/Andrew Laurie 604-683-3111

20,844

n/a

20,844

2008

n/a

n/a

3

3 60

n/a

10172 152A St/Dean Business Centre

M/L–Taurus Commercial/Cliff Raps 778-388-2543

20,000

5,000

25,000

3

2008

n/a

$25

$9

10330 152nd St

L–Frontline Real Estate/Todd Bohn 604-676-4138

23,000

n/a

46,000

2

1980

n/a

$8

$13.50

10161 153 St/Guildford Gateway

L–DTZ Vancouver Real Estate/Tony Capolongo/Jason Marriott 604-630-3378

103,674

n/a

103,674 5

2013

n/a

$20

$9.75

5577 153A St/Panorama Place Bldg 1

M–Panorama Park Investments Ltd/Alex Polacco 604-542-4800/ L–RE/MAX Commercial Advantage/Gordon MacPherson/Ryan Schwartz 604-649-6495

44,089

n/a

n/a

3

2013

n/a

n/a

n/a

12761 16 Ave/Pacific Building

20,000

L–Taurus Commercial/Cliff Raps 778-388-2543

20,000

n/a

3

1988

n/a

$16

$10

15388 24 Ave/Peninsula Business Centre

L–Re/Max Commercial Advantage/Rachel McGladery 604-510-5555

30,000

30,000 60,000 2

2007

n/a

n/a

$12.78

15252 32 Ave/Morgan Creek Corporate Centre

M–Morgan Creek Corporate Centre/Rick Friesen 604-531-6373/ L–Re/Max Commercial Advantage/Ryan Schwartz/Gordon MacPherson 604-510-5555

70,000

n/a

250

2003

n/a

$18

$7.70

90

1994

n/a

$16

$6.20

548

2012

n/a

$26

$12

70,000

3 3

16088 84 Ave/Fleetwood Professional Centre M/L–Lark Group/Larry Fisher 604-576-2935

27,000

3,000

30,000

13737 96 Ave/City Centre Professional Bldg - Phase 1

L–Colliers/Rob Chasman/Jason Teahen 604-661-0822

120,000

n/a

180,000 12

2626 Croydon Dr/Grandview Business Centre

L–Re/Max Commercial Advantage/Ryan Schwartz 604-541-7888

65,000

n/a

65,000 4

2011

n/a

$18.5

$8

79,265

n/a

79,265

2013

n/a

n/a

n/a

2630 Croydon Dr/Croydon Business Centre L–Re/Max Commercial Advantage/Ryan Schwartz/Gord MacPherson 604-510-5555 84

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

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AV AT E E CO RAG ST E OP ER AT BO IN G M A

D

M/L–Taurus Commercial/Cliff Raps 778-388-2543

20,000

n/a

2383 King George Blvd/Sunnyside Shopping Centre

L–Taurus Commercial/Cliff Raps 778-388-2543

20,000

30,000 50,000 2

7380 King George Blvd/Newton Village

M–Value Property Group 604-606-7016/L–Taurus Commercial/Cliff Raps 778-388-2543

20,000

M–A4 Development 604-984-2899/L–Colliers/Jason Teahen 604-661-0847

23,500 40,000

YE

AR

EN

RE

S G

BU ILT

IN

2

TA LR

AV ER AG ER

$9

NO VA TE LA ST

$24

ST AL L

ST

IC

n/a

AR

20,000

10451 E Whalley Ring Rd

PA RK

55,000 4

9801 King George Blvd/Surrey Village Tower M–Surrey Village Corp/L–Colliers/Jason Teahen 604-661-0847

YE

FE

n/a

OR E

55,000

YS

QU AR E

EF

TO TA LS

L–Cushman & Wakefield Ltd/Roger Leggatt/Andrew Laurie 604-640-5885

9180 King George Blvd/Leader Bldg

2013

ET

T EE

ET FE RE

3132 Croydon Dr/Morgan GatewayPhase I

TA IL

OF F

SQ UA R

QU AR E

M–Management company/Contact phone L–Leasing company/Contact phone

ES

Address/Building name

1976

n/a

$16

$7.20

1975

n/a

$15

$8

40,000 60,000 3

1995

n/a

$16

$11.50

n/a

25,000

2

1994

n/a

$18

$10.52

n/a

40,000

3

1975

n/a

$14

$7.70

120

10328 King George Blvd/London Station L–Taurus Commercial/Cliff Raps 778-388-2543

65,000

n/a

65,000 3

1994

n/a

$18

$11.60

10524 King George Blvd/Rickshaw Bldg

30,000

n/a

30,000

3

1980

n/a

$14

$7.80

M/L–Taurus Commercial/Cliff Raps 778-388-2543

Delta 8425 120th St

L–Cushman & Wakefield/Max Zessel/Andrew Laurie 604-640-5824

11861 88th Ave/Delta Professional Centre M/L–Taurus Commercial/Cliff Raps 778-388-2543

20,000

n/a

20,000

3

1975

n/a

n/a

$9.64

23,500

n/a

23,500 4

1985

n/a

$14

$7.50

n/a

Langley 6339 200 St/Langley Crossing

L–Re/Max Commercial Advantage/Rachel McGladery 604-510-5555

25,000

n/a

2

1990

n/a

$16

$13.78

8700 200 St/Langley 200 Business Ctr I

L–Cushman & Wakefield Ltd/Roger Leggatt/Andrew Laurie 604-640-5882

26,798

13,445 41,243

3

2008

n/a

$25

$11.50

8621 201 St/Langley 200 Business Ctr III

L–Cushman & Wakefield Ltd/Roger Leggatt/AndrewLaurie 604-640-5882

95,283

n/a

95,283

6

2013

n/a

$25

$11.50

8661 201 St/Langley 200 Business Ctr II

L–Cushman & Wakefield Ltd/Roger Leggatt/Andrew Laurie 604-640-5882

68,000

n/a

68,000 4

2012

n/a

$25

$11.50

9525 201 St/Golden Ears Business Centre

M–Benchmark Properties/Kees VanRhee 604-533-1138/ L–Remax Commercial Advantage/Ryan Schwartz/Gord Macpherson 604-510-5555

60,800

16,800 77,000

9440 202 St/Walnut Grove Commerce Centre

M–Benchmark/Kees VanRhee 604-533-1138/L–Benchmark/Leslie Koole

125,000

3

240

2012

n/a

$19

$7.95

n/a

125,000 3

400

1999

n/a

$19

$8.30

2013

n/a

n/a

$9

60

1977

n/a

$12

$8.75

200

1994

n/a

$16

$7.65

1995

n/a

$16.50 $4.50

132

1979

1996

$14

$8.60

1983

n/a

$15

$8.00

2003

n/a

$16.76 $11.44

2000

n/a

$25

$11.69

U

208 St and 80 Ave/Willowghby Town Centre L–Colliers/Jason Teahen 604-681-4111

22,281

n/a

145,000 3

20316 56 Ave/Langley Professional Bldg

25,997

n/a

25,997

20353 64 Ave/Willoughby Business Centre M–Benchmark Properties/Kees VanRhee 604-533-1138/L–Benchmark Properties/Leslie Koole

53,000

n/a

53,000 2

20486 64 Ave

L–Colliers/Brian MacKenzie/Jason Teahen 604-661-0829

36,500

n/a

36,500 2

20644 Eastleigh Cres/Eastleigh Professional Centre

L–Frontline Real Estate/Todd Bohn 604-676-4138

31,244

n/a

32,845

20621 & 20641 Logan Ave/Baytree Centre M–Lark Group/Larry Fisher 604-576-2935/L–Frontline Real Estate/Todd Bohn 604-676-4138 Bldg A & B

30,000

23,000 53,000 2

L–Cushman Wakefield/Craig Ballantyne 604-683-3111

90,000

n/a

M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Danielle Neuman

57,072

58,286 115,358 6

L–Re/Max Commercial Advantage/Moojan Azizi 604-899-9293

2

3

Maple Ridge 22470 Dewdney Trunk Rd/Maple Ridge Business Centre

90,000

6

500

Port Moody 205 Newport Dr/Newport Tower

Victoria 31 Bastion Sq/Board of Trade Bldg

M–Colliers/Duncan MacKenzie 250-388-6454/L–Colliers/Anna Schnell/Robert Law

33,892

n/a

33,892 4

1892

1970

$17

$11.61

U

880 Douglas/International House

M–SDM Realty Advisors/Dale Mumford 604-688-5658/L–Colliers/Gail Reaney 250-414-8387

72,573

n/a

72,573

7

1969

n/a

$20

$15.36

U

808 Douglas St/Nootka Court

L–Colliers/Grant Evans 250-414-8373

40,000

n/a

40,000

5

n/a

n/a

$11

$9

1070 Douglas St/TD Bank Bldg

L–Colliers/Gail Reaney 250-414-8387

34,000

6,000

40,000 7

1175 Douglas St/CIBC Building

M–Standard Life Real Estate/Jan Spence 250-388-5731/ L–Cushman & Wakefield/Anne Tanner/Jon Buchanan 250-410-3001

66,229

4,121

135,000 12

11

1969

1990

$20

$13.56

67

1961

n/a

$20

$15.09

U

1207 Douglas St/Sayward Bldg

M–Colliers/Angela Bell 250-388-6454/L–Colliers/Gail Reaney 250-414-8387

34,580

5,000

39,580

6

1912

n/a

$16

$13.34

U

1675 Douglas St/Terasen Gas Bldg

M–Standard Life Real Estate/Jan Spence 250-388-5731/ L–Cushman & Wakefield/Anne Tanner 250-410-3001

66,138

4,212

70,350

7

67

1994

n/a

$22

$15.07

U

2659 Douglas St/Scott Bldg

L–Cushman & Wakefield/Anne Tanner/Jon Buchanan 250-410-3001

36,441

10,400 46,841

3

100

1910

1993

$16.50 $11.03

707 Fort St/Royal Bank Bldg

M–Equitex Realty 250-386-6071/L–Equitex Realty/Michael Hadfield

35,000

15,000

6

30

1979

1998

n/a

747 Fort St/Staples Bldg

L–Colliers/Gail Reaney 250-414-8387

33,706

13,000 46,706 11

1978

n/a

$18.50 $13.22

51,149

3

25

n/a

895 Fort St/Alexis Bldg

M–Devon Properties/Ken Franks 250-595-7000/L–Cushman & Wakefield/Anne Tanner 778-410-5018 22,900

3,610

26,510

1913

1997

$20

$9.38

1537 Hillside Ave/Hillside House

M–Colliers/Ken Cloak 250-388-6454/L–Colliers/Tristan Spark 250-414-8391

37,866

n/a

37,866 n/a

1975

n/a

n/a

$7.92

U

2261 Keating Cross Rd/Gateway Business Centre

M–Dundee Realty 604-586-5117/L–Colliers/Tristan Spark 250-388-6454

181,454

n/a

181,454 2

1999

n/a

n/a

$6.14

U

595 Pandora Ave

L–Colliers/Graham Smith/Tristan Spark 250-414-8390

27,868

n/a

27,868 4

1987

2005

$17

$10.99

620 View St/Central Bldg

L–Equitex Realty/Michael Hadfield 250-386-6071

30,200

6,000

36,200 7

1912

1999

n/a

$9.95

730 View St/St Andrew’s Square-Phase 2 L–Colliers/Gail Reaney 250-414-8387

90,000

10,000 100,000 10

1998

n/a

$23

$13.83

1019 Wharf St/Dogwood Bldg

M–SDM Realty Advisors/Dale Mumford 778-383-6273/L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272

50,000

n/a

50,000

6

1906

2012

n/a

n/a

712 Yates St

M–Colliers/Angela Bell 250-414-8337/ L–DTZ Vancouver Real Estate/Randy Holt/Anne Tanner 250-382-4000

70,854

n/a

72,576

6

1912

1988

$18.50 $11.45

737 Yates St/St Andrew’s Square-Phase 1 L–Colliers/Gail Reaney 250-414-8387

45,150

5,900

51,050 7

836 Yates St/Yates Centre Bldg

20,308

n/a

20,308 4

L–Colliers/Robert Law/Tristan Spark 250-388-6454

82

53

1996

n/a

$23

1997

n/a

$17.50 $9.50

U U

$13.83

BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

85


INDUSTRIAL/OFFICE PARK DIRECTORY Vancouver—p71

WEST VANCOUVER nad

< F Cambie-Main Mt. Pleasant < J Clark Drive < K False Creek Flats < L Fraserview < M Lougheed-Boundary < N Marine Drive < O Marpole < G Powell

aH wy

India n Ar m

Trans-C a

NORTH VANCOUVER

c-n c-m

Burrard Inlet

Hasti

ngs

c/l c-l

a-l

English Bay

Barnet

Hw y

SFU

Nanaimo

a/o a/p

UBC

PORT MOODY

i/s

a-k

a/r

Kin

Oak

Granville

Dunbar

Cambie

gsw

Abbotsford—p72

ghe

i-m i/n i/r

i-k

COQUITLAM

i-l

b/s

VANCOUVER

Lougheed

41st Avenue

Fra

d/l

wy

H

er

d-o

i/m

Strait of Georgia

Westminster Hwy

RICHMOND

S ou th Ar

e/p

g/l

Fra

se

d/s

g/p

g-k Highway 91

e-k

iver er R

e/q

g/o

DELTA

rH

wy

SURREY King George Highway

m

s Fra

= H Cape Horn = L Mayfair = M PaciďŹ c Reach = N Schoolhouse

Delta—p74

Richmond Freeway

e/n

D G Beresford D H Big Bend D I Central Valley D M Lake City D N Lougheed-Douglas D H Still Creek D F Willingdon-Canada Way D G Winston-Government

Coquitlam—p73

iver rR se

a nad

e/o

NEW WESTMINSTER

a s-C

e/m

North A a/q rm Fra ser R iv

i/l

Hwy

b/r b/m b/q n Tra

e-p

e/t

i=l

Boundary Rd

a/t

Marine Dr

Hw

y

BURNABY

49th Avenue

Burnaby—p72

Lou

ed

ay

a/s

— Abbotsford Airport (off map) — Clearbrook (off map)

b[n

d/q

B G Annacis Island B J Deas Slough B K River Road East B F Tilbury

Langley—p75 — Gloucester Estates (off map) — Langley City (off map) — Northwest Langley (off map) — Willowbrook (off map)

Maple Ridge—p76 — Maple Meadows (off map)

Highway 10

Mission—p76 — Mission Industrial (off map

YUKON

New Westminster—p76 D G Brunette

ALASKA

QUEEN CHARLOTTE

Highway 99

NORTHWEST TERRITORIES ALBERTA

North Vancouver City—p76 > G Brooksbank

BRITISH COLUMBIA

VANCOUVER ISLAND VANCOUVER VICTORIA SEATTLE

North Vancouver District—p76 > G Lynnmour > H Maplewood > I Norgate

Pitt Meadows—p76

WASHINGTON

Boundary Bay

WHITE ROCK

— Pitt Meadows Airport (off map)

Port Coquitlam—p76 — Mary Hill Estates (off map) — Meridian (off map)

How to use the industrial listings

Port Moody—p77 =7I St. John’s

On the following pages are listings of industrial park areas and sites. Each area includes a reference number to locate a property on the map above. The listings are organized by area and the district’s specific name (for example, Burnaby/Big Bend). Underneath each area are the owner/management/company name, a contact name, telephone number, the number of buildings, total rentable area in square feet, the bay size range in square feet, and park size. The 86

availability of features such as dock loads, store yards, warehouses, retail spaces, and access to bridge and rail is also indicated. Each property’s BOMA affiliation is indicated, if applicable. It should be stressed that this directory is for those properties which lease – as opposed to selling – space or land. While every attempt has been taken to make this list as complete and accurate as possible, accuracy cannot be guaranteed. Prior to publication, survey forms were

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

sent to property owners and managers for verification. If a property has been left out, or if the wrong information has been provided, please send revisions or additions to the address or fax number below. Office Space c/o Business in Vancouver 102 4th Avenue East, Vancouver, BC V5T 1G2 p604-688-2398 f604-688-6058

Richmond—p77 @ H Bridgeport-North Richmond @ I Brighouse @ J Crestwood @ K East Richmond @ L Fraserwood @ O Mitchell Island @ F Riverside @ K Van Horne

Surrey—p78 ? G Bridgeview

— Campbell Heights (off map) — Cloverdale (off map ? L East Newton ? N Newton — Port Kells (off map) ? J South Westminster


(A CR ES ) LO AD DR IV E YA IN L RD OA D S W TOR AR A EH GE O LIG U HT SE M A HE AV NU FA Y OF MA CTU FIC NU RI NG E F RE SPA ACT TA CE UR IN IL S G RA P IL ACE AC BA CES RG S E BO AC M CE S A S DO CK

PA RK

SI

ZE

GE BA Y (S SIZ Q. E FT RA .) N

BE R OF BU TO ILD T IN (S AL R GS Q. E FT NT .) A BL EA RE A

NU M

Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact Phone

Vancouver < J Clark Drive

GX Building/1868 Glen Dr/M–Rockwell PaciďŹ c/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

50,000

UĂŠ U

U

120-128 3rd Ave W/L–DTZ Barnicke Vancouver; Ryan Saunders/Mitch Ellis 604-630-3884

1

31,500

UĂŠ U

U

U U

U

3681 Victoria Dr/M–Turner Meakin Management/L–DTZ Barnicke Vancouver; Ryan Saunders/Mitch Ellis 604-630-3384

1

36,920

UĂŠ U

U

U

1263 Clark Dr/L–DTZ Vancouver Real Estate; Ryan Saunders/Mitch Ellis 604-630-3384

1

36,150

U

U

U

1410 Georgia St E/L–CBRE Ltd; Ed Ferreira/Darren Starek 604-662-3000

1

21,850

UĂŠ U

U

U

1191 Grant St/L–RE/MAX Central; Chris Davies 604-718-7306

1

30,150

U

U

U

Parker St Complex/1534-1630 Main St, 1000, 1040-1050 Parker St, 1125 Vernon Dr, 1101-1165 William St/O–Beedie Group/ M–Beedie Group/L–CBRE Ltd; Darren Starek/Ed Ferreira 604-662-3000

7

387,155

401 Industrial Ave/O–Marpole Investments Ltd/L–HQ Real Estate Services; Soleil Lutsky 604-992-3559

1

25,223

U

< K False Creek Flats

UĂŠ

15,916

U

U

U

U U

U

U

U

< M Lougheed-Boundary

Gescan Complex/3030-3040 Broadway E/O–2725312 Canada Inc/M–Bentall Kennedy/L–Bentall Kennedy; Jeff Rank 604-661-5090 3

145,971

7.59

UĂŠ U

U

U

U

< N Marine Drive

Foreshore Business Park/408 East Kent Ave S/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

2

62,500

8550-8606 Fraser St/L–CBRE Ltd; Bruce Hynds 604-662-3000

2

65,500

Marine Dr Industrial Park 2/403 East Kent Ave N/M–Morguard Investments/L–Morguard; Faye Tam 604-602-6450

1

152,535

8282-8286 Sherbrooke St/L–CBRE Ltd; Bruce Hynds/Jason Kiselbach 604-662-3000

U

U

UĂŠ

4,145 6

U

U U

U

UĂŠ

U

30,950

UĂŠ U

U

UĂŠ

U

U

U

U

8685 Yukon St/L–CBRE Ltd; Jason Kiselbach/Joe Inkster 604-662-3000

1

8,385

Rivershore Business Park/618 East Kent Ave S/L–RE/MAX Central; Peter Hall 604-718-7300

1

72,400

Southbridge Business Park/310-358 Kent Ave S/O–Wesgroup/M–SDM Realty Advisors/ L–SDM Realty Advisors; Stephen Duyvewaardt 604-688-5676

1

144,820

Heritage Centre/1562-1576-1586 Rand Ave/L–DTZ Barnicke; Don Mussenden/Anthony Lux 604-724-0700

3

133,000

2323 Quebec St/L–CBRE Ltd; Darren Starek/Ed Ferreira 604-662-3000

1

46,000

UĂŠ U

112 3rd Ave E/L–DTZ Barnicke; Ryan Saunders/Mitch Ellis 604-684-7117

1

40,150

UĂŠ

75 3rd Ave W/L–DTZ Barnicke Vancouver; Ryan Saunders/Mitch Ellis 604-630-3384

1

21,750

U

U

U

U

U

< O Marpole

UĂŠ 5.07

U

UĂŠ

U

U

U

U

U

U

< F Mt. Pleasant Cambie-Main

U

U U

U U

U

< G Powell

1988 Triumph St/L–DTZ Barnicke Vancouver; Ryan Saunders/Mitch Ellis 604-684-7114

1

28,647

430 Railway St/L–CBRE Ltd; Darren Starek/Ed Ferreira 604-662-3000

1

17,550

Alexander Centre/611 Alexander St

1

345,000

5526 Dorset St/L–CBRE Ltd; Bruce Hynds/Blake Asselstine 604-662-3000

1

8,000

7542-7488 Gilley Ave/L–CBRE Ltd; Bruce Hynds/Joe Inkster 604-662-3000

1

46,730

6436&6448 Beresford St/L–CBRE Ltd; Bruce Hynds/Jason Kiselbach 604-662-3000

2

6,921

7105-7205 11th Ave/7650 18th St/L–CBRE Ltd; Bruce Hynds/Jason Kiselbach 604-662-3000

5

532,982

5830-5850 Byrne Rd/L–Cushman & WakeďŹ eld; Rick Eastman/Flavio Unti 604-683-3111

7

180,610

Glenwood 2/5888 Trapp Ave/M–Triovest/L–Colliers; Darren Cannon 604-662-2637

1

63,000

UĂŠ U

Spire Corporate Centre/7635 North Fraser Way/L–DTZ Barnicke Vancouver; Mitch Ellis/Ryan Saunders 604-684-7117

1

18,613

Glenwood Industrial Estates/8168 Glenwood Dr/L–Cushman & WakeďŹ eld; Sean Ungemach 604-640-5823

1

90,400

Riverway Business Park/5489-5589 Byrne Rd/L–RE/MAXCentral; Chris Davies/Peter Hall 604-718-7300

2

200,000

Glenwood 6/8255 North Fraser Way/M–Triovest/L–Colliers; Darren Cannon 604-662-2637

1

71,378

Marine Way Business Park/3811 North Fraser Way/L–Cushman & WakeďŹ eld; Bob Watt/Sean Ungemach 604-640-5818

1

94,500

U

UĂŠ

U

Burnaby D G Beresford

U 2.8

U

UĂŠ

U

U U

UĂŠ

U U

U

U U

D H Big Bend

New Have Business Park Phase II/8508-8520 Glenlyon Pkwy/M–Amacon/L–CBRE Ltd; Bruce Hynds/Joe Inkster 604-662-3000

3

207,000

8988 Fraserton Crt/L–DTZ Vancouver Real Estate; Steve Caldwell/Phil Gibbons 604-630-3386

1

80,000

5

170,000

9.66

4.37

U

U

U

UĂŠ U

U

U

U

U

U

U

U

U

U

UĂŠ U 8.08

UĂŠ U

U U

U

UĂŠ U

U

U U

U

U

U U

U

U

D M Lake City

Imperial Square-Lake City/8501-8676 Commerce Crt/O–2725321 Canada Inc/M–Bentall Kennedy/ L–Bentall Kennedy; Jaclyn Behnish 604-661-5679

10.39

UĂŠ U

U

U

U

U

U

BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

U

87


Mammoth Studios/2820 Underhill Ave/O–2820 Underhill Limited Partnership/M–Bosa Development/ L–Bosa Development; Danielle Neumann 604-294-0666

1

(A CR ES ) LO AD DR IV E YA IN L RD OA D S W TOR AR A EH GE O LIG U HT SE M A HE AV NU FA Y OF MA CTU FIC NU RI NG E F RE SPA ACT TA CE UR IN IL S G RA P IL ACE AC B A CE S RG S E BO AC M CE S A S DO CK

PA RK

SI

ZE

GE BA Y ( S SI Z Q. E FT RA .) N

R OF BU TO ILD T IN (S AL R GS Q. E FT NT .) A BL EA RE A

NU M BE

Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact Phone

UĂŠ

528,856 3

UĂŠ U

U

U

U

U

U

U

U

U

U

3131-3149 Thunderbird Cres/L–DTZ Vancouver Real Estate; Steve Caldwell 604-895-2224

5

85,595

10,403

8520-8524 Baxter Pl/L–CB Richard Ellis; Joe Inkster 604-662-3000

2

9,441

5,202

Lake City Industrial Park/8651 Eastlake Dr/O/M–SDM Realty Advisors/ L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272

1

111,152

7950 Enterprise St/L–CBRE Ltd; Joe Inkster 604-662-3000

1

49,984

2

UĂŠ U

U

U

Lake City Junction/2999 Underhill Ave/M–Aquaterra Group/L–RE/MAXCentral; Chris Davies/Peter Hall 604-718-7300

3

160,000

9

UĂŠ U

U

U

Underhill Business Centre/3011 Underhill Ave/M–402234 BC Ltd/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

29,750

U

U

3021 Underhill Ave/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

31,000

UĂŠ U

U

U

3430 Brighton Ave/M–Amacon/L–RE/MAX Central; Peter Hall/Chris Davies 604-718-7300

1

66,000

U

U

8522-8540 Baxter Pl/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

6,750

UĂŠ

2969 Lake City Way/L–DTZ Vancouver Real Estate; Steve Caldwell/Chris McIntyre 604-895-2224

1

32,400

UĂŠ U

1

97,985

UĂŠ UĂŠ U

U

U

U

U

U

U

U

U

U

U

U

U

U

UĂŠ U

U

U

UĂŠ

U

U

U U

U

U

U

U

D N Lougheed-Douglas

444 Lougheed Hwy/O–Appia Developments/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

U

U

U

U

D H Still Creek

Dragonwood Industrial Park/2350 Beta Ave/O–Dragonwood Enterprises/M–Dragonwood Enterprises/ L–Dragonwood Enterprises; Michael Givton 604-737-1312

110,000

23.2

5279 Still Creek Ave/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

64,700

UĂŠ U

U

4415 Dawson St/L–CBRE Ltd; Jason Kiselbach/Joe Inkster 604-662-3000

1

17,600

UĂŠ U

U

3935 2nd Ave/L–Colliers; Ewen Johnston 604-681-4111

1

14,150

UĂŠ U

U

3653 Wayburne Dr/L–Colliers; Ewen Johnston 604-681-4111

1

52,750

10,174

UĂŠ

U

U

2242-2272 Alpha Ave/L–DTZ Vancouver Real Estate; Chris McIntyre/Steve Caldwell 604-630-3392

1

35,900

3,900-16,242

UĂŠ U

U

U

28,150

8,606

UĂŠ

U

U

1050-1052 Boundary Rd/L–DTZ Vancouver Real Estate; Steve Caldwell 604-895-2224

U U

U

D G Winston-Government

3680-3686 Bonneville Pl/M–Amacon/L–RE/MAX Central; Steven Hall 604-718-7317

2

40,000

UĂŠ U

U

U

U

8575 Government St/O–Newcorp Properties/M–Amacon/L–Colliers; Todd Scarlett 604-662-2639

1

48,958

UĂŠ U

U

U

U

7938-7956 Winston St/O–Onni Group/M–Onni Group/L–Cushman & WakeďŹ eld; Mike Thompson/Noah Freedman 604-640-5836 1

47,817

UĂŠ U

U

U

U

U

U

U

Burnaby Lake Industrial Centre/Phillips Ave/Winston St/O–620803 BC Ltd/M–Bosa Development/ L–Bosa Development; Danielle Neumann 604-294-0666

1

273,722

UĂŠ U

U

U

U

U

U

U

Cariboo Business Park/6741 Cariboo Rd/O–Onni Group/L–Colliers; Todd Scarlett/Adam Mitchell 604-681-4111

1

288,776

11,085

UĂŠ U

U

U

U

U

4242 Phillips Ave/O–Concert Real Estate/M–Concert Realty Services/L–Colliers; Ewen Johnston 604-681-4111

1

149,224

54,105

U

U

U

4125 McConnell Dr/L–DTZ Vancouver Real Estate; Steve Caldwell 604-895-2224

1

32,500

UĂŠ U

8176 Winston St/L–DTZ Barnicke; Steve Caldwell 604-895-2224

1

9,640

UĂŠ

Lakeview Business Park/4268 Lozells Ave/M–Rockwell PaciďŹ c/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

35,000

U

3676 Bainbridge Ave/M–Beedie Group/L–DTZ Vancouver Real Estate; Steve Caldwell 604-895-2224

1

85,009

UĂŠ U

3455 Bainbridge Ave/L–Colliers; Ewen Jonhston/Greg Lane 604-681-0804

1

29,900

U

Canoe Avenue/2401-2431 Canoe Ave/L–DTZ Barnicke; Rand Thomson 604-630-3393

2

47,000

81 Golden Dr/O–Newcorp Properties Ltd/M–Onni Property Management/ L–DTZ Vancouver Real Estate; Steve Caldwell/Phil Gibbons 604-684-7117

2

108,438

4,885

2.25

8.16

UĂŠ U

U U

U U

U

U U

U

U

U

U

U

U

U

U

U

UĂŠ U

U

U

U

Coquitlam = L Mayfair

88

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

4,793 - 14,273

U U

U

U


DO CK

PA RK

SI

ZE

(A CR ES ) LO AD DR IV E YA IN L RD OA D S W TOR AR A EH GE O LIG U HT SE M A HE AV NU FA Y OF MA CTU FIC NU RI NG E F RE SPA ACT TA CE UR IN IL S G RA P IL ACE AC B A CE S RG S E BO AC M CE S A S

GE BA Y ( S SI Z Q. E FT RA .) N

R OF BU TO ILD T IN (S AL R GS Q. E FT NT .) A BL EA RE A

NU M BE

Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact Phone Mayfair Industrial Park/86 North Bend St/O–PaciďŹ c Star Properties/M–Pinnacle International/ L–Cushman & WakeďŹ eld Ltd; Kevin Volz 604-640-5851

1

48,000

5,280

2

UĂŠ U

U

U

U

U

Mayfair Industrial Park/85 Glacier St/O–PaciďŹ c Star Properties/M–Pinnacle Int’l/ L–Cushman & WakeďŹ eld; Kevin Volz/Rick Eastman 604-640-5800

1

52,812

7,900

2.7

UĂŠ U

U

U

U

U

Pinnacle Park Bldg E/9 Burbidge St/O–Mondi Properties/M–Pinnacle Int’l/ L–Cushman & WakeďŹ eld Ltd; Rick Eastman/Kevin Volz 604-640-5863

1

34,945

UĂŠ U

U

U

U

U

U

U

U

2390 United Blvd/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

14,329

UĂŠ U

2390-2406 Canoe Ave/L–Colliers; Ewen Johnston 604-681-4111

2

100,527

UĂŠ U

U

U

93 North Bend St/L–CBRE Ltd; Joel Barnett/Gurch Ollek 604-662-3000

1

24,200

UĂŠ U

U

U

2380 United Blvd/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

11,268

U

U

Mayfair Industrial Park/84 North Bend St/O–PaciďŹ c Star Properties/M–Pinnacle Int’l/ L–Cushman & WakeďŹ eld Ltd; Rick Eastman 604-640-5863

1

46,500

Pinnacle Park Bldg B/3A Burbidge St/M–Pinnacle Int’l/L–Cushman & WakeďŹ eld; Kevin Volz/Rick Eastman 604-640-5851

1

47,530

Pinnacle Park Bldg D/7 Burbidge St/M–Pinnacle Int’l/L–Cushman & WakeďŹ eld; Rick Eastman/Kevin Volz 604-640-5863

1

33,935

North Road Industrial Centre/225 North Rd/L–CBRE Ltd; Gurch Ollek 604-662-3000

1

60,000

1850 Hartley Ave/O–Wentworth Properties/M–Amacon Property Management/ L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

35,000

Cape Horn Corporate Centre/62 Fawcett Rd/L–Cushman & WakeďŹ eld; Rick Eastman/Kevin Volz 604-683-3111

1

38,296

8-10 King Edward St/O–Wesgroup Properties/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6276

1

54,681

Cape Horn Business Park/17 Fawcett Rd/L–Cushman & WakeďŹ eld; Bill Hobbs/Kevin Volz 604-640-5808

3

90,000

1851 Brigantine Dr/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

27,500

1881 United Blvd/L–DTZ Vancouver Real Estate; Steve Caldwell 604-895-2224

1

29,640

Schoolhouse Industrial Park/175 Schoolhouse St/O–Wesgroup Properties/M–SDM Realty Advisors/ L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6275

1

57,051

204 Cayer St/L–Cushman & WakeďŹ eld Ltd; Kevin Volz/Rick Eastman 604-640-5851

1

78,047

Ridley Corporate Centre/669 Ridley Pl/M–Amacon/L–Cushman & WakeďŹ eld; Mike Thompson/Lee Hester 604-640-5809

1

144,392

Cliveden West Business Centre/1585-1595 Cliveden Ave/O–Pensionfund Realty/M–Morguard Investments/ L–Colliers; Andrew Lord 604-662-2699

2

82,270

801 Belgrave Way/L–CBRE Ltd; Gurch Ollek/Mat Sunderland 604-662-3000

1

44,000

Cliveden Place 2/787 Cliveden Place/O–Sun Life Financial/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans 604-233-1009

1

103,600

2.26

5,600

2

UĂŠ U

U

U

U

U

U

U

U

U

UĂŠ U

U

U

U

UĂŠ

U

UĂŠ

U

UĂŠ U 17

= M PaciďŹ c Reach

10,000-30,000

UĂŠ U

1,407

U

UĂŠ U 2.036

U

U U

U

3.69

U U

U

U U

U

U

U

U

U

UĂŠ U

U

U

U

UĂŠ U

U

U

UĂŠ U

U

U

UĂŠ U

U

U

U

= N Schoolhouse

0.2

U

U

U

U

U

Delta B G Annacis Island

1081 Cliveden Ave/O–Grosvenor Canada/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaart 778-383-6272 1

88,099

5,966-11,040

5

13,000-33,000

6

UĂŠ U UĂŠ

3

U U

U U

U

U

U

U

U

U

U

U

UĂŠ

U

U

U

U

U

U U

U

U

915 Cliveden Ave/O–Rimrock Investment/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

1

161,306

UĂŠ

U

U

U

U

U

U

917 Cliveden Ave/O–Rimrock Investment/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

1

136,064

UĂŠ

U

U

U

U

U

U

927 Derwent Way/O–Grosvenor Canada/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272 1

282,112

UĂŠ U

U

U

U

U

U

U

UĂŠ

U

U

U

U

U

U

U

U

827 Belgrave Way/O–Rimrock Investment/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

1

155,246

1668 Fosters Way/L–NAI Commercial; Rob DesBrisay/Aleem Thaver 604-691-6602

1

25,461

460 & 464 Fraserview Pl/L–CBRE Ltd; Gurch Ollek/Mat Sunderland 604-662-3000

2

28,638

Annacis Business Park/1600-1610 Derwent Way/L–DTZ Vancouver Real Estate; Steve Caldwell/Casey Bell 604-630-3404

2

215,612

1302 Derwent Way/O–Grosvenor Canada/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272 1

224,624

1.18

5

UĂŠ U UĂŠ U

U

U

UĂŠ U

U

U

UĂŠ

U

U

U

U U

U

U

U U

U

U

U

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BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

89


(A CR ES ) LO AD DR IV E YA IN L RD OA D S W TOR AR A EH GE O LIG U HT SE M A HE AV NU FA Y OF MA CTU FIC NU RI NG E F RE SPA ACT TA CE UR IN IL S G RA P IL ACE AC B A CE S RG S E BO AC M CE S A S DO CK

PA RK

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GE BA Y ( S SI Z Q. E FT RA .) N

R OF BU TO ILD T IN (S AL R GS Q. E FT NT .) A BL EA RE A

NU M BE

Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact Phone

600 Chester Rd/O–Chester Warehouse/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272 1

53,920

UĂŠ

U

U

U

U

U

U

570 Chester Rd/O–Chester Warehouse/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272 1

52,779

UĂŠ

U

U

U

U

U

U

U

U

U

U

U

U

1175 Derwent Way/O–Chester Warehouse/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272

1

117,275

UĂŠ

U

U

U

1020 Derwent Way/O–Rimrock Investment/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

1

251,076

UĂŠ U

U

U

U

Annance Court/529-608 Annance Crt/O–Grosvenor Canada/M–SDM Realty Advisors/ L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272

5

330,932

UĂŠ

U

U

U

U

U

Cliveden Centre 5/1479-1497 Lindsey Pl/O–Sun Life Financial/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans 604-233-1009 1

74,000

10,000-13,000

8

U

U

U

U

U

Cliveden Centre 1/1278-1322 Cliveden Ave/O–Sun Life Financial/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans 604-233-1009 1

126,611

12,000-21,000

8

UĂŠ U

U

U

U

U

U

788 Caldew St/M–Bentall Kennedy LLP/L–Bentall Kennedy; Jaclyn Behnish 604-661-5679

1

53,153

2.67

UĂŠ U

800 Carleton Crt/O–Great West Life/M–GWL Realty/L–GWL Realty Advisors; John McGrandle 604-713-6473

1

91,897

4

UĂŠ U

U

United PaciďŹ c Business Centre/590 Ebury Pl/O–Hallmark Holdings/L–Colliers; Bruno Fiorvento/Andrew Lord 604-681-4111

2

100,300

UĂŠ

U

1608 Cliveden Ave/O–Artis REIT/L–CBRE Ltd; Gurch Ollek 604-662-3000

1

139,276

UĂŠ U

U

1511 Derwent Way/O–BUK Investments/L–BUK Investments Ltd; Colin Murray 604-408-3002

1

106,987

UĂŠ

U

1331-1339 Derwent Way/O–Richmond Holdings/L–Cushman & WakeďŹ eld; David Canning/Lee Hester 604-683-3111

2

84,021

UĂŠ U

U

1080 Cliveden Ave/L–DTZ Vancouver Real Estate; Steve Caldwell/Casey Bell 604-895-2224

1

55,050

UĂŠ U

U

U

1500-1520 Derwent Way/M–Bentall Kennedy LLP/L–Bentall Kennedy; Jeff Rank 604-661-5090

1

51,822

UĂŠ U

U

U

610 Derwent Way/M–Beedie Group/L–Colliers; Bruno Fiorvento/Darren Cannon 604-661-0863

1

38,633

U

U

U

877 Cliveden Ave/L–Colliers; Bruno Fiorvento/Andrew Lord 604-681-4111

1

27,203

UĂŠ U

U

1538 Cliveden Ave/L–Colliers; Bruno Fiorvento/Andrew Lord 604-681-4111

1

20,000

UĂŠ

U

1623 Cliveden Ave/L–Colliers; Craig Kincaid-Smith 604-681-4111

1

21,162

U

4

78,324

U

Nordel Way Business Park/10050 River Way/O–Beedie Group/M–Beedie Group/ L–Cushman & WakeďŹ eld; Lee Hester 604-640-5809

1

74,818

UĂŠ U

Nordel Business Park/9969 River Way/L–DTZ Barnicke Vancouver; Anthony Lux 604-630-3377

1

153,000

Nordel Business Park/9425 River Rd/O–Vito Steel Boat & Barge/L–Colliers; Craig Kincaid-Smith 604-681-4111

3

36,100

Tilbury Industrial Park/7403 Progress Way/L–Colliers; Bruno Fiorvento/Andrew Lord 604-681-4111

1

109,612

7978 82nd St/M–Beedie Group/L–CBRE Ltd; Harry Ghag 604-662-5112

1

35,520

Tilbury Industrial Park/7550 River Rd/L–Cushman & WakeďŹ eld; Lee Hester 604-640-5809

1

28,000

7930-7950 Huston Rd/O–BUK Investments/L–BUK Investments; Colin Murray 604-408-3002

2

42,347

Tilbury Industrial Park/7198 Vantage Way/L–DTZ Barnicke Vancouver; Anthony Lux/Casey Bell 604-630-3377

1

64,000

575 Ebury Pl/L–CBRE; Mat Sunderland 604-662-5121

1

20,743

Tilbury Industrial Park/7424 Hume Ave/L–DTZ Barnicke Vancouver; Casey Bell/Anthony Lux 604-630-3377

1

10,000

7351 Vantage Way/L–Cushman & WakeďŹ eld; Lee Hester 604-640-5809

1

43,129

7355 72 St/L–Colliers; Craig Kincaid-Smith 604-681-4111

1

34,000

7501 Vantage Way/L–Colliers; Bruno Fiorvento/Stefan Morissette 604-681-4111

1

24,000

South Fraser Industrial Centre/7831-7979 Vantage Way/M–Triovest/L–Colliers; Darren Cannon/Stuart Morrison 604-662-2637

2

6.096

2.14

3,612-3,995

U

U

U U U

U

U

U

U

U

U U

U U

U

U

U U U

U U

U

U

U

U

U

U

U

U

U

U

U

U

U

B J Deas Slough

Glenwood Commerce Centre/6165 Highway 17/O–Concert Real Estate/M–Concert Realty Services/ L–Cushman & WakeďŹ eld 604-640-5809

U

B K River Road East

10,015

3

U

U

UĂŠ U 3.47

U U

U

U

B F Tilbury Area

7047 Venture St/L–Colliers; Craig Kincaid-Smith 604-681-4111

37,500-55,112

4

UĂŠ

U

U

UĂŠ U U

1,884-3,359

UĂŠ U

U U

U

U

U U

U

U

U

U

UĂŠ U

U

U

U

U

UĂŠ U

U

449,815

UĂŠ U

U

U

240,000

UĂŠ U

U

U

UĂŠ U U

3,285 2.33

1.57

U

U

U

U U

U

U

U U

U

1

11,358

26620 56 Ave/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

22,315

TransCanada Centre Bldg 1 & 2/26596 Gloucester Way/M–Condominium Corp/L–CBRE Ltd; Gurch Ollek 604-662-5103

2

162,074

5352 273A St/L–Colliers; Chris Brewster/Bruno Fiorvento 604-681-4111

1

28,155

2,840-10,135

Alder Business Centre/26868-26918 56 Ave/M–Austeville Properties/L–Colliers; Randy Heed 604-681-4111

2

170,000

9,000-19,000

26921 Gloucester Way/L–Colliers; Vito DeCicco/Chris Brewster 604-681-4111

1

30,000

26825 56 Ave/M–Beedie Group/L–Colliers Malcolm Earle/Blair Stewart 604-681-4111

1

64,832

Gloucester Industrial Estates/272nd St and 56th Ave/M–Beedie Group/L–CBRE Ltd; Gurch Ollek 604-662-5103

1

189,500

20350 Langley Bypass/O–Beedie Group/M–Beedie Group/L–Colliers; Chris Morrison/Vito DeCicco 604-681-4111

1

27,134

25,238

U

U

U

U

20530 Langley Bypass/O–BUK Investments/M–BUK Investments/L–BUK Investments; Colin Murray 604-688-8844

3

53,995

1,765-10,450

U

U

U

U

U

U

Langmark Industrial Centre/20560 Langley Bypass/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Leslie Koole 604-531-1138

5

75,800

650-9,770

U

U

U

U

U

22661 Fraser Hwy/L–CBRE Ltd; Harry Ghag/Mat Sunderland 604-662-3000

1

14,070

U

U

7168 Honeyman St/L–Colliers; Craig Kincaid-Smith 604-661-0883

U

U U

U

2,128-2,141

U

U

Langley Gloucester Estates (off map) 2.59

UĂŠ U UĂŠ U

1.48

11,443-11,717 8.26

U U

U

U

UĂŠ

U

UĂŠ U

U

UĂŠ U

U

UĂŠ U

U

UĂŠ U

U

U U

U

U

U U

U

Langley City (off map)

Northwest Langley (off map) 90

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

U

U

U

U U


11

(A CR ES ) LO AD DR IV E YA IN L RD OA D S W TOR AR A EH GE O LIG U HT SE M A HE AV NU FA Y OF MA CTU FIC NU RI NG E F RE SPA ACT TA CE UR IN IL S G RA P IL ACE AC B A CE S RG S E BO AC M CE S A S DO CK

PA RK

SI

ZE

GE BA Y ( S SI Z Q. E FT RA .) N

R OF BU TO ILD T IN (S AL R GS Q. E FT NT .) A BL EA RE A

NU M BE

Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact Phone

UĂŠ U

U

U

UĂŠ U

U

U U

U

U

U

UĂŠ U

U

U

U

U

U

U

U

U

U

401 Business Centre/9295-9355 198 St/O–bcIMC/M–GWL Realty Advisors/L–GWL Realty Advisors; John McGrandle 604-713-6473

6

205,050

20175 100A Ave/O–L-229 Holdings/M–Lark Group/L–Frontline Real Estate; Jordan Macdonald 604-687-8320

1

70,768

9552 198 St/L–CBRE Ltd; Harry Ghag/Mat Sunderland 604-662-3000

1

40,960

20075 100A Ave/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

22,000

9975 199B St/L–Cushman & WakeďŹ eld Ltd; William (Bill) Hobbs 604-640-5808

1

86,454

9.14

19736 98th Ave/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

23,376

1.1

UĂŠ U

9535 200 St/L–Colliers; Vito deCicco/Chris Morrison 604-681-4111

1

15,000

2.05

UĂŠ U

Willowbrook Business Park/20434 64th Ave/M–Concert Properties/L–Remax Commercial Advantage; Gordon MacPherson 604-510-5555 4

97,000

4.5

UĂŠ

Langley Business Centre/20120 64 Ave; 6360-6375 202 St/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Leslie Koole 604-533-1138

3

108,500

Mufford Industrial Park/20626 Mufford Cres/O–Wesgroup/M–SDM Realty Advisors/ L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6274

1

78,840

5650 Production Way/O–Wesgroup/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6277

3

31,080

1

60,000

20295 113B Ave/M–Warrington PCI/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

38,481

Maple Meadows Industrial Park/20121 115A Ave/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

22,800

11405 201A St/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

11,717

0.5

20000 Stewart Cres/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

136,644

10.96

Braid St Distribution Centre/109 Braid St/O–2725321 Canada Inc/M–Bentall Kennedy/L–CBRE Ltd; Joe Inkster 604-662-3000

4

690,000

36

15 Braid St/O–Astron Realty Group/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

1

78,141

21-79 Braid St/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

1

113,915

555 Brooksbank Ave/O–Lions Gate Studios Partnership/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

1

239,624

UĂŠ

U

U

Eagle Park/837 3rd St W/L–Avison Young; Terry Thies/Ian Whitchelo 604-687-7331

1

4,038

UĂŠ U

U

U

1408 Crown St/L–CBRE Ltd; Mehdi Shokri 604-662-5179

1

10,000

270 Harbour Ave/L–CBRE Ltd; Mehdi Shokri 604-662-3000

1

10,240

1461-1469 Barrow St/L–Avison Young; Terry Thies/Ian Whitchelo 604-687-7331

3

12,600

304-356 Harbour Ave/L–Re/Max; Ross Forman 604-980-3003

1

31,144

20 Orwell St/L–CBRE Ltd; Mehdi Shokri 604-662-5179

1

25,000

1

80,825

3

2,619

1.1

UĂŠ U U

U

U

Willowbrook (off map) U

U

U

U

U

U

U

U

U

UĂŠ

U

U

U

U

U

UĂŠ

U

U

U

U

U

825-12,000

U

Maple Ridge Albion (off map) 23638 River Rd/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

2.43

UĂŠ U

U

U

2,610-2,670

2.48

U

U

4,013

1.06

U

U

U

UĂŠ U

U

U

Maple Meadows (off map) U

U

U

U

New Westminster D G Brunette

3,533-7,261

UĂŠ U

U

U

U

UĂŠ U

U

U

U

U

U

U U

UĂŠ U

U

U

U

U

North Vancouver City > G Brooksbank

U

North Vancouver District > G Lynnmour

2,500-10,000

UĂŠ U

U

U

U

UĂŠ U

U

U

U

U

3,539-4,279

U

U

U 2

U

UĂŠ U

U

U

U

U

U

U

U

U

U

> H Maplewood

Northwoods Business Park/2200 Dollarton Hwy/M–GWL Realty Advisors/ L–Avison Young; Terry Thies/Ian Whitchelo 604-646-8398 > H Norgate

290,681

2,000-10,000

Lions Gate Business Park/1641 Welch St/O–Upcountry/M–Gulf PaciďŹ c/L–Avison Young; Terry Thies/Ian Whitchelo 604-687-7331 2

80,000

2,300

1

10,800

1

24,070

1

75,655

Capilano Business Park/930-980 1st St W, 949 3rd St W/L–Avison Young; Terry Thies/Ian Whitchelo 604-646-8398

1140-1148 15th St W/L–Avison Young; Terry Thies/Ian Whitchelo 604-687-7331

UĂŠ U

U

U

3.2

U U

U

U

UĂŠ

U U

Pitt Meadows Maple Meadows (off map) Maple Meadows Corporate Centre Phase II/20285 Stewart Cres/ L–Cushman & WakeďŹ eld; Kevin Volz/Rick Eastman 604-683-3111

2.42

U

U

U

Pitt Meadows Airport (off map) Golden Ears Business Centre/19100 Airport Way/O–RPMG Holdings Ltd/M–Onni Property Management/ L–Colliers; Chris Morrison/Chris Brewster 604-681-4111

3,519-41,436

35

UĂŠ U

U

U

U

U

U

U

Property Assessment Reviews s Property Tax Appeals at PARP & PAAB Levels Pre-Roll Consulting with Assessor to get Correct Value on Roll PAUL SULLIVAN 2nd Floor, 602 West Hastings Street, Vancouver, B.C. V6B 1P2 Direct: (604) 331-7300 / Main: (604) 689-1233 Website: www.bcappraisers.com

Property Tax Advice Pre-/During Construction s C.R.A. Audits/P.T.T. Appeals

PROPERTY TAX AGENTS AND ADVISORS BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

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PA RK

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GE BA Y ( S SI Z Q. E FT RA .) N

R OF BU TO ILD T IN (S AL R GS Q. E FT NT .) A BL EA RE A

NU M BE

Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact Phone

Port Coquitlam Mary Hill Estates (off map) 1772 Broadway St/O–Onni Group/M–Onni Property Management/L–Remax; Chris Davies/Peter Hall 604-718-7300

1

64,302

Broadway Business Park/1585 Broadway St/O–PaciďŹ c Star Properties/M–Pinnacle Int’l/ L–DTZ Vancouver Real Estate; Steve Caldwell/Phil Gibbons 604-895-2224

1

115,000

Broadway Business Park/1647 Broadway St/O–Mondi Properties/M–Pinnacle Int’l/ L–DTZ Vancouver Real Estate; Steve Caldwell 604-895-2224

1

108,000

4,200

1533 Broadway St/O–Onni Development/M–Onni Group/L–RE/MAX Central; Peter Hall/Chris Davies 604-718-7300

UĂŠ U

U

U

U

24

UĂŠ U

U

U

U

U

24

UĂŠ U

U

U

U

U

2,589

U

U

U

1

115,978

7,500-12,000

UĂŠ U

U

U

U

U

U

U

1525 Broadway St/O–Onni Development/M–Onni Development Corp/L–RE/MAX Central; Peter Hall/Chris Davies 604-718-7300 1

110,670

3,601

UĂŠ U

U

U

U

U

U

U

Broadway Buisness Park/1515 Broadway St/O–Mondi Properties/M–Pinnacle International/ L–DTZ Vancouver Real Estate; Steve Caldwell/Phillip Gibbons 604-895-2224

50,000

UĂŠ U

U

U

U

U

U

U

1

10

1776 Broadway St/O–Onni Group/M–Onni Property Management/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

64,302

5,178

UĂŠ U

1750 McLean Ave/L–Cushman & WakeďŹ eld; Kevin Volz/Rick Eastman 604-640-5851

1

49,648

1,640

UĂŠ U

75,000

1,455-5,549

U U

U

U

U

UĂŠ U

U

U

1971 Broadway St/L–DTZ Vancouver Real Estate; Mitch Ellis/Steve Caldwell 604-630-3383

1

20,000

1.21

UĂŠ U

U

U

1765 Coast Meridian Rd/L–DTZ Vancouver Real Estate; Steve Caldwell 604-895-2224

1

120,660

6.12

UĂŠ U

U

U

1320 Kingsway Ave/L–DTZ Barnicke Vancouver; Chris McIntyre 604-630-3392

1

22,072

1438 Broadway St/L–DTZ Vancouver Real Estate; Steve Caldwell/Tony Capolongo 604-895-2224

1

25,000

880 Lougheed Hwy/L–Cushman & WakeďŹ eld; Rick Eastman/Kevin Volz 604-640-5863

1

44,000

1628 Kebet Way/L–Cushman & WakeďŹ eld; Rick Eastman/Kevin Volz 604-683-3111

1

14,152

Bridgeside Industrial Centre/13331-13333 Vulcan Way/O–Sun Life Financial/M–Bentall Kennedy/ L–Bentall Kennedy; Tim Evans 604-233-1009

3

280,660

12200 Vulcan Way/L–RE/MAX Central; Steven Hall 604-718-7317

1

24,000

U

U

U

H Brum Complex/2520-2560 Simpson Rd/M–Dorset Realty/L–Dorset Realty; Colin Schuss 604-270-1711

3

75,526

U

U

U

Brighouse West Business Park/6711 Elmbridge Way/O–2725312 Canada Inc/M–Bentall Kennedy/ L–Bentall Kennedy; Jaclyn Behnish 604-661-5679

1

29,659

Brighouse West/5920 No 2 Rd/M–Bentall Kennedy/L–Bentall Kennedy; Jaclyn Behnish 604-661-5679

1

45,814

U

U

U

Brighouse West/5940 No 2 Rd/M–Bentall Kennedy/L–Bentall Kennedy; Matt Schaeffers 604-661-5676

1

27,600

U

U

U

Brighouse West/6011 Westminster Hwy/M–Bentall Kennedy/L–Bentall Kennedy; Jaclyn Behnish 604-661-5679

1

30,046

U

U

Brighouse West/6151 Westminster Hwy/M–Bentall Kennedy/L–Bentall Kennedy; Matt Schaeffers 604-661-5676

1

13,800

U

U

U

U

Brighouse West/6191 Westminster Hwy/M–Bentall Kennedy/L–Bentall Kennedy; Jaclyn Behnish 604-661-5679

1

20,370

U

U

U

U

Brighouse West/6211 Westminster Hwy/M–Bentall Kennedy/L–Bentall Kennedy; Jaclyn Behnish 604-661-5679

1

30,000

U

U

Knightsbridge Business Park/13140-13260 Delf Pl/M–GWL Realty Advisors/L–GWL Realty Advisors; Michael Reed 604-713-8919

7

252,072

7,000 +

15

UĂŠ U

U

International Business Park/4320 Viking Way/M–BUK Investments/ L–Cushman & WakeďŹ eld; Bob Watt/Matthew MacLean 604-640-5818

1

44,302

1,383-2,699

2.1

UĂŠ

U

International Business Park Bldg C/4611 Viking Way /O–BUK Investments/M–BUK Investments/ L–Cushman & WakeďŹ eld; Matthew MacLean 604-640-5855

1

99,860

6,141-10,437

4.8

UĂŠ U

U

Knightsbridge Business Park/3260 Viking Way/O–Concert Real Estate/M–Concert Realty Services/ L–Colliers; Bruno Fiorvento 604-681-4111

1

65,800

3,600 +

15.7

U

Knightsbridge Plaza IV, V & VI/3511-3551 Viking Way/O–Concert Real Estate/M–Concert Realty Services/ L–Colliers; Bruno Fiorvento 604-681-4111

3

98,440

3,600+

15.7

U

12111 Bridgeport Rd/L–CBRE Ltd; Bruce Richardson/Joel Barnett 604-662-3000

1

25,000

9187

1.8

Viking Way Business Centre/13511-13520 Crestwood Pl/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard Investments; Faye Tam 604-681-9474

2

90,604

Viking Way Business Centre/3671-3691 Viking Way/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard Investments; Faye Tam 604-681-9474

2

69,350

4460 Jacombs Rd/L–Colliers; Ewen Johnston 604-681-4111

1

35,884

1700 No 6 Rd/L–CBRE Ltd; Bruce Richardson/Fraser Rowland 604-662-3000

1

205,160

1991 Savage Rd/L–CBRE Ltd; Bruce Richardson/Joel Barnett 604-662-3000

1

90,090

Kingsway Business Centre/1952 Kingsway Ave/L–Cushman & WakeďŹ eld; Kevin Volz 604-640-5851

Meridian (off map) U

1,300

U

U

UĂŠ U 20.55

UĂŠ U

U

UĂŠ U

U

U

U

U

Richmond @ H Bridgeport-North Richmond

U

15

U

U

U

U

U

U

@ I Brighouse

5,000-25,000

5

UĂŠ U

U

U

U

U

U

U

@ J Crestwood

Crestwood Commerce Centre/5600 Parkwood Way/M–Bentall Kennedy/L–Colliers; Stefan Morissette/Jason Teahen 604-681-4111 4 1231 Burdette St/L–DTZ Barnicke Vancouver; Casey Bell/Anthony Lux 604-630-3404

1

2971 Viking Way/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

Gateway PaciďŹ c Business Centre/13240 Worster Crt/M–Bentall Kennedy/L–Colliers; Darren Canon/Stuart Morrison 604-681-4111 1

2080 Van Dyke Pl/L–Colliers; Bruno Fiorvento/Stefan Morissette 604-681-4111

1

48,667

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

4

UĂŠ U

U

U

U

U

UĂŠ U

12

15

U

U U

UĂŠ U

10,942-21,880

U

U

32,000

32,822

U

U

48,400

1

U

U

UĂŠ U

UĂŠ U

147,378

U

5.75

11.45

175,000

4700 Vanguard Rd/L–Colliers; Bruno Fiorvento/Stefan Morissette 604-681-4111

92

1,800-20,000

U

U

U U

U

UĂŠ U

U

UĂŠ

U

U

U U

U

U

UĂŠ

U

U

U

U

U

U

U

U

UĂŠ U

U

U

U

UĂŠ U U

U

U


(A CR ES ) LO AD DR IV E YA IN L RD OA D S W TOR AR A EH GE O LIG U HT SE M A HE AV NU FA Y OF MA CTU FIC NU RI NG E F RE SPA ACT TA CE UR IN IL S G RA P IL ACE AC B A CE S RG S E BO AC M CE S A S DO CK

PA RK

SI

ZE

GE BA Y ( S SI Z Q. E FT RA .) N

R OF BU TO ILD T IN (S AL R GS Q. E FT NT .) A BL EA RE A

NU M BE

Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact Phone 1611 Valmont Way/L–CBRE Ltd; Joel Barnett/Bruce Richardson 604-662-3000

1

30,000

UĂŠ

U

U

14351 Burrows Rd/L–CBRE Ltd; Fraser Rowland 604-662-3000

1

45,810

UĂŠ U

U

U

Hopewell Distribution Centre (Phase III)/16111 Blundell Rd/L–CBRE Ltd; Gurch Ollek 604-662-3000

1

278,400

East Richmond Distribution Centre/16100 Blundell Rd/L–CBRE Ltd; Gurch Ollek 604-662-5103

1

297,680

Shelter Island Commerce Centre /21300-21320 Gordon Way /O–Farrell Estates/M–Farrell Estates/ L–Farrell Estates; Stephanie Setchell 604-273-7505

2

180,000

21331 Gordon Way /O–Farrell Estates/M–Farrell Estates/L–Farrell Estates; Stephanie Setchell 604-273-7505

1

75,702

Shelter Island Commerce Centre Marinaside/6900 Graybar Rd/O–Farrell Estates/M–Farrell Estates/ L–Farrell Estates; Stephanie Setchell 604-273-7505

3

217,669

Shelter Island Commerce Centre Marinaside/6900 Graybar Rd/O–Farrell Estates/M–Farrell Estates/ L–Farrell Estates; Stephanie Setchell 604-273-7505

1

180,000

6251 Graybar Rd/O–Farrell Estates/M–Farrell Estates/L–Farrell Estates; Stephanie Setchell 604-273-7505

1

30,000

3,500

6260 Graybar Rd/O–Farrell Estates/M–Farrell Estates/L–Farrell Estates; Stephanie Setchell 604-273-7505

1

66,380

2,600

Goldbar Business Plaza/20800 Westminster Hwy/L–Compass Point; Mark Morrison 604-214-8645

1

30,000

7200 Nelson Rd/M–Austeville Properties/L–CBRE Ltd; Harry Ghag/Mat Sunderland 604-662-5112

1

140,000

18391 McCartney Way/L–CBRE Ltd; Bruce Richardson/Fraser Rowland 604-662-3000

1

45,070

2.32

Mitchell Island Business Centre/11200 Twigg Pl/L–CBRE Ltd; Gurch Ollek 604-662-5103

1

105,000

5

UĂŠ U

U

Mitchell Island Business Centre/11280 Twigg Pl/L–Colliers; Bruno Fiorvento/Andrew Lord 604-681-4111

1

80,550

UĂŠ U

U

U

Greypointe Business Centre/13180 Mitchell Rd/O–Grosvenor Canada/M–SDM Realty Advisors/ L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272

1

79,038

UĂŠ

U

U

U

U

U

13100 Mitchell Rd/O–Grosvenor Canada/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272 1

92,415

UĂŠ

U

U

U

U

U

12980 Mitchell Rd/O–Grosvenor Canada/M–SDM REalty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272 1

39,710

UĂŠ

U

U

U

U

U

2

95,000

UĂŠ U

North Richmond Business Park/14271-14273 Knox Way/O–GRM Industrial Holdings/M–Onni Property Management/ L–Colliers; Stefan Morrisette 604-681-4111

2

85,570

UĂŠ U

Riverside Industrial Park/11160 Silversmith Pl/L–CB Richard Ellis; Bruce Richardson/Joel Barnett 604-662-3000

1

21,225

Riverside Corporate Centre/11780-11784 Hammersmith Way/O–Porte Realty Ltd/ L–Cushman & WakeďŹ eld; Matthew MacLean 604-640-5855

3

125,490

Riverside Centre/11151-11191 Horseshoe Way/L–Cushman & WakeďŹ eld; Ron Emerson 604-640-5921

3

@ K East Richmond

64,926

11.7

UĂŠ

13.2

UĂŠ U

U

U U

U

U

@ L Fraserwood

2,200

ĂŠU U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

UĂŠ U

U

UĂŠ U

U

UĂŠ U

U

U U

U U U

@ O Mitchell Island

Mitchell Island Business Park/11566-11568 Eburne Way/M–Dorset Realty Group/L–Re/Max Central; Dave Hall 604-718-7300

U

U

@ F Riverside

21,225

U

U

U

0.81

UĂŠ U

6.7

UĂŠ

U

U U

U

U U U

173,000

UĂŠ U

U

11371 Coppersmith Way/M–Swordfern Property Management/L–DTZ Barnicke Vancouver; Anthony Lux/Casey Bell 604-630-3377 1

26,894

UĂŠ U

U

Riverside Industrial Park/11471 Blacksmith Pl/L–Colliers; Stefan Morissette/Bruno Fiorvento 604-681-4111

1

38,194

UĂŠ

U

U

11951 Hammersmith Way/L–CBRE Ltd; Nick Westlake 604-662-5115

1

3,300

U

U

U

Richmond Connector Business Park/9200 Van Horne Way/O–Beedie Group/M–Beedie Group/ L–Colliers; Darren Cannon/Stefan Morissette 604-662-2637

1

95,072

UĂŠ U

U

U

9500 Van Horne Way/O–338823 BC Ltd/M–Bosa Development/L–Bosa Development; Danielle Neumann 604-294-0666

1

124,378

UĂŠ

U

U

U

11125 124 St/L–Avison Young; Michael Farrell 604-646-8388

1

182,428

Agwood Station/10619 Timberland Rd/M–Freeport Properties/L–Avison Young; John Eakin/Michael Farrell 604-646-8399

1

60,000

UĂŠ U

U

Campbell Heights I/19097 26 Ave/L–Cushman & WakeďŹ eld; Sean Ungemach 604-640-5823

1

45,800

Campbell Heights II/2150 192 St/L–Cushman & WakeďŹ eld; William (Bill) Hobbs/Sean Ungemach 604-683-3111

1

80,000

Campbell Heights Business Park/19095 24 Ave/O–Advance Wire Products/M–Advance Wire Products/ L–Cushman & WakeďŹ eld; Sean Ungemach 604-640-5823

1

109,691

19110 24 Ave/O–Onni Group/M–Onni Property Management/L–Frontline Real Estate; Jordan Macdonald/Garth White 604-687-8320 1

109,639

1.5

U

U

U

@ K Van Horne

U U

U U

U

Surrey ? G Bridgeview

U

13 31,755

U

U U

U

U

U

U

U

Campbell Heights (off map)

Campbell Heights Business Park/2677 192nd St/L–Cushman & WakeďŹ eld Ltd; Kevin Volz/Andrew Green 604-640-5851

1

5.52

5.24 3,400-20,000

35,782

UĂŠ U UĂŠ U

6,000-80,000

UĂŠ U UĂŠ

U U

U

U U

U U

U

U

U

U

REAL ESTATE APPRAISERS AND CONSULTANTS I.C.I. Appraisals Development Analysis & Market Studies Expert Court Testimony Arbitration & Rental Reviews Property Tax Agents

2nd Floor, 602 West Hastings St. Vancouver, B.C. V6B 1P2

www.bcappraisers.com Tel: (604) 689-1233

BUSINESS IN VANCOUVER MAGAZINE DIVISION 2013—OFFICE SPACE

93


DO CK

PA RK

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(A CR ES ) LO AD DR IV E YA IN L RD OA D S W TOR AR A EH GE O LIG U HT SE M A HE AV NU FA Y OF MA CTU FIC NU RI NG E F RE SPA ACT TA CE UR IN IL S G RA P IL ACE AC B A CE S RG S E BO AC M CE S A S

GE BA Y ( S SI Z Q. E FT RA .) N

R OF BU TO ILD T IN (S AL R GS Q. E FT NT .) A BL EA RE A

NU M BE

Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact Phone

UĂŠ U

U

U

U

U

U

U

U

U

U

Blackthorn III/2468 192nd St/M–Beedie Group/L–Cushman & WakeďŹ eld Ltd; Kevin Volz/Andrew Green 604-640-5851

1

97,778

19169 21 Ave/L–Cushman & WakeďŹ eld; Kevin Volz/Andrew Green 604-683-3111

1

21,144

Campbell Heights Business Crt Bldg A/19102 27 Ave/L–Cushman & WakeďŹ eld; Kevin Volz/Andrew Green 604-683-3111

1

17,687

Chana Place/17665 66A Ave/L–Cushman & WakeďŹ eld; Kevin Volz 604-640-5851

1

6,250

6610 176 St/L–CBRE Ltd; Mat Sunderland/Blake Asselstine 604-662-3000

1

14,136

18651 52 Ave/L–Frontline Real Estate; Todd Bohn 604-676-4138

1

19,573

Cloverdale Business Park/5290 185A St/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

16,850

0.78

U

5534 176 St/L–RE/MAX Commercial Advantage; Rachel McGladery 604-510-5555

1

8,308

0.386

U

1

28,200

4.89

U

2

75,000

14,370

U U

U

Cloverdale (off map) 3,114

UĂŠ U

U

U

U

U

U

U

U

U

U

U

East Cloverdale (off map) 19429 54 Ave/O–Skyline RooďŹ ng/L–Cushman & WakeďŹ eld; Kevin Volz 604-640-5851 ? L East Newton

Willowbrook Business Centre/19292 60 Ave/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Leslie Koole 604-533-1138

FAMA Business Park/15045-15050 54A Ave/M–Bentall Kennedy/L–Cushman & WakeďŹ eld; Andrew Green/Kevin Volz 604-640-5800 8

850-10,150 UĂŠ U

316,407

U

U

U

U

U

U

U U

U U

Village Centre/15515 24 Ave/L–Frontline Real Estate; Todd Bohn 604-676-4138

1

34,632

19486 69 Ave/O–Mitek Canada Inc/L–Cushman & WakeďŹ eld; Kevin Volz/Jot Mattu 604-683-3111

1

17,900

12,607

2.88

Anvil Way Industrial Centre/12824-12914 Anvil Way/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Leslie Koole 604-533-1138

4

90,000

2,850-23,000

2.16

7808 132nd St/O–Double V Developments/M–Double V Developments/ L–Cushman & WakeďŹ eld; Kevin Volz/Andrew Green 604-640-5851

7

115,695

2,036 - 12,000

4.13

UĂŠ U

Colebrook Business Centre/15110 54A Ave/O–Colebrook 152 Holdings/M–Morguard/ L–Cushman & WakeďŹ eld; Kevin Volz/Andrew Green 604-640-5800

1

379,921

4,000-60,000

12

West Surrey Industrial Park/8268 128 St/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Leslie Koole 604-533-1138

3

27,250

6,450-7,000

13479 77 Ave/L–CBRE Ltd; Harry Ghag/Mat Sunderland 604-662-3000

1

39,008

North Newton East Industrial Centre/8125-8145 130 St/L–Cushman & WakeďŹ eld; Kevin Volz/Andrew Green 604-683-3111

3

147,487

1,800-3,339

Bear Creek/8952 Holt Rd/L–Cushman & WakeďŹ eld; Kevin Volz/Andrew Green 604-640-5851

1

60,000

3,480-6,960

UĂŠ U

U

Colebrook Business Centre/5433 152nd St/M–Morguard/L–Cushman & WakeďŹ eld; Andrew Green/Kevin Volz 604-640-5800

1

40,463

4,099-24,098

UĂŠ U

U

U

13120 76 Ave/L–CBRE Ltd; Harry Ghag/Mat Sunderland 604-662-3000

1

95,380

UĂŠ U

U

U

UĂŠ U

U

U U

U

? N Newton

U

U

U

U

U

U

U

UĂŠ U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

U 5.53

UĂŠ U

13177 76 Ave/L–Colliers; Craig Kincaid-Smith 604-681-4111

2

58,211

UĂŠ U

U

U

North Newton East Industrial Centre/8086-8116 130 St/L–Cushman & WakeďŹ eld; Kevin Volz/Andrew Green 604-683-3111

2

41,715

U

U

U

Newton Omniplex Centre - Bldg 1/7788 132 St/L–Cushman & WakeďŹ eld; Kevin Volz/Andrew Green 604-683-3111

1

280,260

U

U

U

U

U

U

Port Kells (off map) 18950 98 Ave/O–Kelfor Properties/M–SDM Realty Advisors/L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6272

7

153,198

17358 104A Ave/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

35,900

Centre on 96th Avenue/19358 96 Ave/O–Wesgroup/M–SDM Realty Advisors/ L–SDM Realty Advisors; Stephen Duyvewaardt 778-383-6278

1

120,810

Port Kells Industrial Park/18503 97 Ave/O–Wesgroup/L–Cushman & WakeďŹ eld; Kevin Volz 604-640-5851

2

23,654

19585 56 Ave/L–Colliers; Jason Teahen 604-661-0847

1

25,250

18804 96 Ave/L–Cushman & WakeďŹ eld; William (Bill) Hobbs 604-640-5808

1

48,000

9425 190 St/L–Avison Young; John Lecky/William Farrell 604-647-5061

1

62,800

UĂŠ

U U

2,666 UĂŠ

6.3 1,100

U

7.7

UĂŠ U

2.89

UĂŠ

U

Service, Sales, Installations and Solutions to your Waste and Recycling Needs

A division of Metro Group of Companies

94

1860 Broadway St., Port Coquitlam BC V3C 2N1 Ph: 604 464 8465 Fax: 604 464 8464 www.metrocompactorwest.com

OFFICE SPACE 2013—BUSINESS IN VANCOUVER MAGAZINE DIVISION

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