Office Space 2016

OFFICESPACE

2016 2016

TECHY AND TOUCHY High-tech firms prove highmaintenance tenants | 21

EMERGING MARKET Zoning reboot transforms Mount Pleasant into “Mount Pixel” | 36

CULTURE

BY DESIGN

GREEN GIANTS

Ashley O’Neill of CBRE helping to rock interior design in Vancouver’s new office towers | 24

WHEN TROUBLE HITS

BOMA BEST drives sustainability | 38 Mass evacuation alert prepares Vancouver for the big one | 44

BOMA BC LEASING GUIDE | COMMERCIAL REAL ESTATE 2016 OFFICIAL PUBLICATION

PUBLISHED BY

British Columbia Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

2016 Office Space_02.indd 1

BILLION-DOLLAR DEALERS | 18

SEEKING 50K OF CLASS A | 30

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CONTENTS OFFICESPACE

2016 2016

EMERGING MARKET Mount Pleasant stakes out a lead as tomorrow’s hot outlier office destination

36

TECHY AND TOUCHY High-tech firms prove highmaintenance tenants | 21

EMERGING MARKET Zoning reboot transforms Mount Pleasant into “Mount Pixel” | 36

CULTURE

BY DESIGN Ashley O’Neill of CBRE helping to rock interior design in Vancouver’s new office towers | 24

GREEN GIANTS BOMA BEST drives sustainability | 38

WHEN TROUBLE HITS Mass evacuation alert prepares Vancouver for the big one | 44

BOMA BC LEASING GUIDE | COMMERCIAL REAL ESTATE 2016 OFFICIAL PUBLICATION

PUBLISHED BY

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

BILLION-DOLLAR DEALERS | 18

SEEKING 50K OF CLASS A | 30

OFFICIAL PUBLICATION

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

PUBLISHER: Sue Belisle VICE-PRESIDENT, AUDIENCE AND BUSINESS DEVELOPMENT: Kirk LaPointe EDITOR: Frank O’Brien DESIGN: Randy Pearsall PRODUCTION: Rob Benac WRITERS: Brady Fleguel, Pat Johnson,

COLUMN

Baila Lazarus, Peter Mitham, Scott Simpson

PROOFREADER: Meg Yamamoto ADVERTISING SALES: Joan McGrogan,

Corinne Tkachuk

ADMINISTRATOR: Katherine Butler RESEARCHER: Anna Liczmanska

Fleguel—34 BRIEFS

Office Space 2016 is published by BIV Magazines, a division of BIV Media Group, 303 Fifth Avenue West, Vancouver, B.C., V5Y 1J6, 604-688-2398, fax 604-688-1963, www.biv.com.

10, 12, 14

INFOGRAPHICS

16

B.C.’s BIGGEST Commercial real estate brokerages Security companies Commercial property managers

47 48 50

DIRECTORIES Office buildings Industrial/office parks

52 62

Copyright 2016 Business in Vancouver Magazines. All rights reserved. No part of this book may be reproduced in any form or incorporated into any information retrieval system without permission of BIV Magazines. The list of services provided in this publication is not necessarily a complete list of all such services available in Vancouver, B.C. The publishers are not responsible in whole or in part for any errors or omissions in this publication.

ISSN 1205-5662

WHEN TROUBLE HITS — 44 BOMA BC is working to enhance lines of rapid communication between first responders and its members

FEATURES Billion-dollar dealers Techy and touchy Culture by design Seeking 50K of Class A Emerging market Green giants Roped in When trouble hits

18 21 24 30 36 38 42 44

Publications Mail Agreement No: 40069240. Registration No: 8876. Return undeliverable Canadian addresses to Circulation Department: 303 Fifth Avenue West, Vancouver, B.C. V5Y 1J6 Email: subscribe@biv.com Cover: Ashley O’Neill, vice -president of corporate strategy at CBRE, Vancouver: radical office design required structural change to a new Vancouver office tower.

Photo: Chung Chow PRODUCED BY

42

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

Editor’s letter

VANCOUVER OFFICE TRANSACTIONS HUGE BUT NOT SURPRISING ON A GLOBAL SCALE

T

Frank O’Brien Editor

into the international arena.

When one looks at the performance of office markets across North America, the reasons for increased investor focus on Vancouver become apparent.

Downtown Vancouver’s office vacancy is a relatively high 9.3 per cent this year, but this is due to the recent completion of more than 2.1 million square feet of new office space. Vancouver’s vacancy rate is the lowest in Western Canada and well below the 12.5 per cent vacancy average across the United States. Vancouver also has strong leasing prospects because B.C. has Canada’s highest GDP growth and one of the lowest unemployment rates.

Vancouver is a star in the global telescope, ranked No. 3 for livability among 140 cities, according to a recent international survey.

Canada’s banking system is ranked No. 1 in the world for soundness, it has the fifth-largest high-tech sector on the planet and Vancouver has the hottest real estate market in the country.

Combine this with office development that is a world leader in sustainability and architectural excellence and it is easy to understand why Vancouver’s office market is now and will remain on the global radar. É

his may be remembered as the “year of the deals” in British Columbia’s office market, but landmark transactions of Vancouver properties – and the attraction of foreign investors – should not come as a big surprise.

During 2015, 39 office buildings sold in B.C. for a total value of $809 million, up from $759 million a year earlier. But more than a quarter of 2015’s dollar volume was due to a single sale: the $205 million purchase of the Metrotower III tower in Burnaby by the Metro Vancouver Regional District. Only five other office deals exceeded $30 million last year and the majority of transactions involved Class B and Class C assets.

Yet, as Office Space 2016 was preparing for press, just two Vancouver office deals this year were expected to generate a higher sales volume than all of 2015’s transactions combined. These are the $285 million sale of the Royal Centre office complex to a German company and the purchase of a majority share in the four-building Bentall Centre portfolio to a Beijing, China-based insurance company, reportedly for close to $1 billion.

The latter sale represents the largest single foreign purchase of commercial real estate in the province and provides further evidence of Vancouver’s ascension

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

2016-17 BOARD OF DIRECTORS

2016 BOMA CORPORATE SPONSORS Platinum Mott Electric

OFFICERS CHAIR Susan Dodsworth Brookfield Global Integrated Solutions

DIRECTORS Natalie Bishop, Ivanhoé Cambridge II Inc.

VICE-CHAIR Greg Last Triovest Realty Advisors (BC) Inc.

Jack Hole, Haakon Industries

Gold

Richard Lui, Polaris Realty (Canada) Ltd.

BFL Canada Insurance Services Inc.

2ND VICE-CHAIR Lillian Tummonds

The Cadillac Fairview Corp.

Sylvie Mercier, Read Jones Christoffersen

PAST CHAIR Robert Kavanagh GWL Realty Advisors Inc.

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PRESIDENT Paul LaBranche

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

Briefs

Accelerating beyond ‘rocks, fish and trees’

Older office space at a crossroads

V

W

ancouver’s maturation into a much more diverse economy bodes well for office leasing in the city, according to a panel at the Vancouver Real Estate Forum, held March 30.

Panel member Norm Taylor, CBRE’s executive vice-president and managing director in Vancouver, said the city’s economy is much more diversified than many realize.

“When I came here in 1989, the whole market was [based] around rocks, fish and trees,” Taylor says. But service, tourism and technology have helped buttress Vancouver against the currently weak commodities markets, he explains. “We are a much more diversified economy now.”

The forum panel was told that close to 50 per cent of new tenants seeking office in

downtown Vancouver this year are in the high-technology sector, including a Seattle-based firm seeking 50,000 square feet of contiguous space.

However, Vancouver’s office sector is also expected to gain traction from the traditional commodity market in the future as B.C.’s liquefied natural gas industry expands and mining and forestry improve.

hile new entrants to Vancouver’s office market favour the latest Class A and Class AAA space, older inventory stands at a crossroads.

The average age of top-tier office space downtown is 27 years, and amenities in most older downtown buildings are so last century.

“All the major landlords in Vancouver are paying close attention to their buildings,” Gavin Reynolds, a senior vice-president with Jones Lang LaSalle, says. “As the next development cycle arrives, this will become a greater issue.”

Just how great an issue it becomes for some buildings will determine whether owners tear down and build from scratch – something Paula Wright, leasing director for Manulife Real Estate, says is possible as the

Buyer demand could spur no-lease tower

B.C. economy should thrive in 2016-17

S

B

trata offices see mixed demand in Metro Vancouver, with typical users being small professional service firms or self-employed individuals seeking their own swatch of workspace.

But when Serracan Properties Ltd. asked Colliers International to find an occupant for its nine-storey office tower at 510 Seymour, Colliers fielded “an enormous number” of requests from people looking for strata office space – which made its leasing agents wonder: is there a market for a strata-titled office tower?

Panellists at a recent developer breakfast thought the idea had merit, both from an economic point of view an considering the cultural shift happening as foreign capital flows into the market.

Jeff Lim, vice-president, leasing, with Bentall Kennedy LP, suggests that strata demand is

2016 Office Space_02.indd 10

poised to surge.

“There’s a preference to own whatever it is than to throw rent away,” Lim says. “I don’t know if the traditional accounting firm, law firm, [with] 4,000 square feet, wants to buy real estate, but guys coming from mainland China, for whatever purpose, [it’s] obviously strata.”

ritish Columbia could be poised to thrive over the next two years, according to a Business Council of BC (BCBC) report released February 11.

While much of the rest of Canada is seeing a downturn this year, “B.C. is holding up surprisingly well,” the BCBC says in its report. The council expects the country to experience real gross domestic growth of one per cent this year; in B.C., this number jumps to 2.8 per cent.

Prospects are similarly positive for 2017, with Canadian real GDP growth forecast at 2.1 per cent and B.C.’s forecast at three per cent.

“British Columbia is poised for another year of respectable economic performance in 2016,” the BCBC states.

“The province’s economy is being held back by low prices for many commodities, but non-resource merchandise and service exports are kicking into

lifespan of buildings shrinks in the face of competition – or proceed with renovations.

There is also the chance for conversion to other uses.

Maury Dubuque, managing director for Colliers International, expects Vancouver office space to split between triple-A and C-class over the next two decades, with residential projects gobbling up everything else.

gear, aided by the low Canadian dollar.”

This growth is based on the assumption of at least one large liquefied natural gas project moving forward by the end of the year.

2016-04-28 3:42 PM

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

Briefs

BOMA BC inks Korean sustainability agreement

T

he Building Owners and Managers Association of BC (BOMA BC) has signed off on a memorandum of understanding (MOU) with the Korea Research Institute of Eco-Environmental Architecture (KRIEA). The MOU special ceremony was held in Seoul, South Korea, November 2015 with BOMA BC president Paul LaBranche invited to participate.

“The MOU with KRIEA is a commitment to collaborate towards achieving common goals of global sustainability by sharing information and resources,” LaBranche explains.

The historic initiative came from an opportunity for BOMA BC to host a Korean delegation in Vancouver earlier last year and was co-ordinated by the B.C. Ministry of International Trade following the recent Canada-Korea Free Trade Agreement. During his visit to Seoul,

LaBranche also met with the Korea Facility Management Association and the Canadian trade commissioner at the Embassy of Canada.

A link between BOMA BC and KRIEA is a natural fit, according to Hazel Sutton, BOMA Canada’s environmental standards manager.

Sutton, who spoke at the Smart Green City + Building conference in Seoul last year, says bustling South Korea could benefit from BOMA’s expertise, especially in the built environment.

Sutton notes that it has been demonstrated that applicants who re-certify with BOMA BEST are actually achieving improved scores over their certification cycles.

BOMA BEST encourages a variety of energy efficiency upgrade options to improve the performance of existing buildings, explains Daniel Klemky, manager of energy and environmental services for BOMA BC. The BOMA BEST program has been endorsed by the City of

BOMA BC president Paul LaBranche and Kyung Hoi Lee of the Korea Research Institute of Eco-Environmental Architecture shake on historic agreement | BOMA BC

Vancouver under its Greenest City 2020 Action Plan.

“I was told that existing buildings are not often discussed in South Korea, so they were very happy to hear of the wealth of opportunities

that can exist for improving the performance of existing buildings – all associated with large cost savings as well,” says Sutton. “I got the impression it was a much-needed and appreciated perspective.”

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

Briefs

Office strata transforming old industrial sites

A

new breed of retrofit commercial condo – tricked out with big windows, air conditioning and trendy interiors and selling for up to $1.5 million per unit – is emerging from Vancouver’s aging and shrinking industrial base.

The first strata industrial/office space being built in the city in five years allows technology and service companies to secure quality working space while riding Vancouver’s real estate boom, explains Brent Sawchyn, a partner in PC Urban.

Sawchyn, currently retrofitting a derelict old south Vancouver warehouse into 170,000 square feet of trendy business centre space, notes the city’s industrial real estate prices have increased by 90 per cent in the past 10 years.

PC Urban’s IntraUrban business park is in an industrial enclave just south of the Southwest Marine

Drive and Cambie Street Canada Line station, around which 8,500 new homes are either underway or planned. IntraUrban is composed of three two-storey buildings that include ground floor industrial space with 22-foot-high ceilings and roll-up doors.

“The development community has been so focused on building condos [it has] led to the elimination of much-needed industrial and commercial space, creating problems for small and medium businesses.

[IntraUrban] will give those businesses the option to buy their own space within the city, rather than in the suburbs,” says Sawchyn.

IntraUrban’s commercial condos will sell for $299 to $314 per square foot. Based on unit sizes, this translates to prices of $972,000 to $1.58 million per unit.

Kirk Kuester, Vancouver managing director of Colliers International, suggests PC Urban may have hit on a winning strategy.

“The low-interes-rate environment and strong capital appreciation have driven demand toward ownership, rather than leasing,” Kuester says. “Strata office will continue to shape the market for professional services and medical occupiers, as well as intrigue technology and digital media firms.”

Flush tech firms appear willing to buy if they can’t find lease space. Last year, security software leader Avigilon paid $42 million for 135,000 square feet of office space on Robson Street.

PC Urban partner Brent Sawchyn (right) with company co-founder Garry Fawley at the IntraUrban business park in south Vancouver | CHUNG CHOW

OFFICESPACE

2016 2016

TECHY AND TOUCHY High-tech firms prove highmaintenance tenants | 21

EMERGING MARKET Zoning reboot transforms Mount Pleasant into “Mount Pixel” | 36

CULTURE

BY DESIGN AshleyO’Neill of CBRE is helping to rock interior design in Vancouver’s new office towers | 24

GREEN GIANTS BOMA BEST drives sustainability | 38

WHEN TROUBLE HITS Mass evacuation alert prepares Vancouver for the big one | 44

BOMA BC LEASING GUIDE | COMMERCIAL REAL ESTATE 2016 OFFICIAL PUBLICATION

PUBLISHED BY

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

BILLION-DOLLAR DEALERS | 18

SEEKING 50K OF CLASS A | 30

TO BOOK YOUR 2017 OFFICE SPACE AD Call Katherine at 604-608-5158 or email kbutler@biv.com

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2016 Office Space_02.indd 14

Space Close: March 24, 2017

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

FIVE-YEAR DOWNTOWN OFFICE VACANCY AND ABSORPTION 14%

1,400,000

12%

1,200,000

$642m

600,000

6%

400,000

4%

Office 30%

Absorption rate

800,000

8%

$808m

Industrial 24%

1,000,000

10% Vacancy rate

2015 B.C. COMMERCIAL REAL ESTATE INVESTMENT SALES

200,000

2%

0 2010

2011

2012

2013

Absorption rate

2014

2015

2016 Forecast

-200,000

$1.22b

Retail 46%

Vacancy rate

2016 forecast: 12-month projection based on 10-year average absorption and known net absorption in new inventory.

The vacancy rate defines the total amount of vacant head lease and sublease office space available for lease at a specified period in time.

DOWNTOWN VANCOUVER: NET RENTAL LEASE RATE Class

Total rentable (square feet)

Total vacancy (per cent)

Average net rental (per square foot)

AAA A

4.72 million

10.5%

$26-$44

7.98 million

10.8%

$20-$37

B

6.82 million

7.5%

$18-$31

C

3.28 million

7.9%

$14-$25

Total

22.8 million

9.3% NET RENTAL (LEASE) RATE IS MEASURED PER SQUARE FOOT, PER ANNUM

METRO VANCOUVER OUTLIER OFFICE PERFORMANCE District

Total inventory (square feet)

Vacancy rate

Absorption 2015 (square feet)

Yaletown

2.09 million

4.1%

-20,091

Broadway

5.89 million

4.5%

-38,637

9.1 million

12.9%

32,637

Burnaby Richmond

4.21 million

12%

186,883

Surrey

2.85 million

17.5%

36,751

North Shore

1.37 million

7.3%

6,576

1.68 million

15%

29,444

New Westminster

Note: The absorption rate is the amount of space leased relative to the amount returned to the market during a set period of time

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

BILLION-DOLLAR DEALERS

Tight supply and offshore buyers driving office sales to record levels

Beijing-based Anbang Insurance Group has reportedly pitched a billion-dollar bid for Vancouver’s landmark Bentall Centre portfolio | CHUNG CHOW

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| 19

PETER MITHAM

A

record-setting deal for Bentall Centre and the sale of Royal Centre have assured that 2016 will be a benchmark year for office investment transactions in Metro Vancouver. The billion-dollar offer for Bentall Centre by Beijing, China-based Anbang Insurance Group – which has been making waves around the world offering outrageous sums for landmark properties in key cities – has captured headlines, but Forgestone Capital Management LP’s $285 million deal for Royal Centre was lower than expected.

Could other deals be far behind?

Alas, few want to talk about what’s coming.

“Disclosing such information puts the deal at risk,” Avison Young writes in declining comment. “You are asking someone to speculate about a deal that’s not closed, and probably confidential.”

Many of the office building trades – as many as 85 per cent, by some estimates – are happening without the properties ever being listed for sale.

“There’s always a long line up of buyers, and we’ve probably got a longer line up than we’ve ever had in history looking at the Vancouver office market,” says Jon Ramscar, senior vice-president, capital markets, with Jones Lang LaSalle (JLL) in Vancouver.

According to JLL, there was US$135 billion on hand in private equity funds across North America in the final quarter of 2015 seeking a home; this is in addition to the billions in overseas capital looking for opportunities.

Canada is attractive because it offers overseas buyers diversification, and shifts in exchange rates have

2016 Office Space_02.indd 19

SALES BY PROPERTY TYPE AND DOLLAR VOLUME 2015 Properties over $5 million in value OFFICE

$809M $1.2B 30% 46% $642M 24% RETAIL

INDUSTRIAL

SOURCE: AVISON YOUNG B.C. REAL ESTATE INVESTMENT REVIEW, YEAR-END 2016

enhanced the pricing of assets for foreign buyers. This is on top of the stability that cities like Vancouver have traditionally offered.

“With the low Canadian dollar right now and the uncertainty in the global economy, we’re getting a lot of interest,” Ramscar says.

Nevertheless, the pension funds that own 65 per cent of Class A office space in downtown Vancouver aren’t about to relinquish what are effectively irreplaceable assets, even as valuations climb in response to intense demand.

Ramscar thinks this could trigger a shift in 2016.

“Values are so high, there are more buyers than ever – is this the time we’re going to see the market finally unlock? You could argue that it has, to a certain extent,” he says, pointing to the sale of Bentall Centre – a oncein-a-lifetime deal.

“The big question is: what’s next? There’s nothing that’s publicly listed of scale downtown, but that doesn’t mean there won’t be a trade,” he says.

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

Billion-dollar dealers

It’s not just demand that’s pushing up prices; many investors see opportunities to add value.

Two office properties at Alberni and Nicola streets sold in the first quarter of 2016 for $160 million, approximately twice what the former owners paid in 2014, and plans are afoot to redevelop them with condos. An eight-storey office property at 1550 West Georgia sold last year with similar visions.

“Land value is the determining factor in all investment decisions (particularly in the Downtown core) when it comes to office sales,” states Avison Young in its 2016 market forecast. “[Bentall Centre and Royal Centre] may well signal the apex of a well-documented and significant run-up in pricing and demand for trophy office assets in this market.”

But with China investing close to US$20 billion in capital overseas in recent years and dominating foreign investment in Vancouver, placing US$589.8 million here in the latter half of 2015 according to Colliers International, it’s tough to say where the apex really lies.

“There is no lack of appetite at this point for quality

2016 Office Space_02.indd 20

Jon Ramscar, senior vicepresident, capital markets, Jones Lang LaSalle Canada: “We’ve probably got a longer lineup than we’ve ever had in history looking at the Vancouver office market” | JONES LANG LASALLE The Exchange tower on Howe Street marks a $240 million Vancouver office investment by SwissReal Group | CHUNG CHOW

assets,” Colliers managing director Maury Dubuque said as 2015 came to a close (he declined comment on deal activity for this article). “No one’s overpaying.”

Ramscar, for his part, says the level of demand may prompt some buyers to look to the suburbs, noting that pension funds and real estate investment trusts hold various assets outside the core that may attract some buyers’ interest.

What can’t be bought may be built, of course, a strategy Swiss RealGroup pursued in redeveloping 475 Howe Street with the Exchange, a 370,000-square-foot office tower set to complete in 2017. With a price tag of $240 million, project costs made it a competitive alternative to buying an existing asset.

Could the pre-sale of projects be the next kind of action to hit the core?

Ramscar considers it unlikely, precisely because most projects are being built in response to a lack of Class A commercial properties in the downtown core.

“But you never say never in this market,” Ramscar says. É

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TECHY AND

TOUCHY Technology firms now hold about one-third of Vancouver office space – but they can prove challenging tenants

PAT JOHNSON

S

omething close to a perfect storm has catapulted Vancouver into one of the world’s leading technology hubs. The Canadian exchange rate helps. An abundance of homegrown talent gives us a leg up. Universal health care makes benefits packages more affordable. Even – believe it or not – housing and office space can be marginally more affordable than in Silicon Valley or the Bay Area. Proximity matters, too.

Robin Buntain, vice-president of office leasing for Avison Young: tech firms require less space than most clients | CHUNG CHOW

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Techy and touchy

A couple of hours by car or a couple by air gets you to Redmond, Washington, or San Jose, California. And Canadian immigration regulations draw global talent to Vancouver while the United States puts up roadblocks.

Government incentives, including the Scientific Research and Experimental Development program, nurture Canadian startups and lure foreign ones.

As a result, local small businesses and international giants are making the downtown peninsula a sort of wetter Palo Alto. More than 100,000 tech professionals work in B.C. – about three-quarters of them in Vancouver – generating more than $23 billion in revenue and $15 billion in gross domestic product. By some estimates, tech firms now occupy about a third of the office space in the city.

Even so, despite the image of sprawling spaces with foosball tables and lounge seating, tech companies do not need more space per employee than traditional businesses.

“They need less,” says Robin Buntain, vice-president of office leasing for Avison Young. “Their per-square-foot density per person is less than a law firm because most of the people are in open workstations, so generally their work areas are pretty tight but then you have amenity space.” Collaborative areas and innovative arrangements can make a place look bigger, but they can pack in more tech workers than an equivalent space filled with cubicles and prestigious corner offices.

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Vancouver’s old police station, which closed in 2010, is being renovated into a 100,000-square-foot high-tech hub by the City of Vancouver and Vancity | CHUNG CHOW

Tech firms tend to want all their employees in a contiguous space to encourage an office culture of collaboration and spontaneity. They also overwhelmingly want to be downtown. This is crucial for many tech companies, Buntain adds, not just for the status, but because it helps them attract the young downtown types they need to recruit and keep.

“When they have a big workforce and they find out that their big workforce demographics have spread out in the suburbs, then it might make sense to go out to Burnaby or Richmond,” Buntain says. (Facebook recently abandoned Coal Harbour for Coquitlam.) “But I think in this market what we’re seeing in these earlier-stage companies that are growing and really ramping up and absorbing a lot of the space is that they want to be downtown where everyone wants to be, where the employees want to be.”

A few corporate behemoths have made very visible arrivals downtown in the last couple of years. Microsoft’s Vancouver Development Centre and its polyglot employee roster tell a story about different approaches to immigration north and south of the 49th. Microsoft boasts that its team hails from at least 45 countries and can converse in as many as 15 tongues. While Canada is proactively welcoming these sorts of immigrants, getting the same individuals entry to San Francisco or Seattle would require more hoops.

Other high-profile arrivals include Sony Pictures Imageworks, a visual effects and animation division of

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the showbiz giant, and Amazon, which employs about 1,000 Vancouverites in software development, IT, product management, research and other areas, and which recently moved into eight COLIN floors in the Telus Garden complex on SCARLETT | Robson.

EXECUTIVE VICESamsung opened an R&D centre here PRESIDENT, COLLIERS in 2013, the software firm SAP has made INTERNATIONAL Vancouver its hub for data analytics and cloud technology, and Vancouver has also Their demands attracted HR software company Zenefits, which itself attracted recent headlines and requirements after its new CEO had to quell in-office are diametrically boozing and in-stairwell sex. opposed to Local firms making good include computer security firm Absolute Software, a landlord’s research technology provider Vision requirements Critical, anti-fraud software maker ACL Services and online home improvement purveyor BuildDirect, all of which are adding to the tech ferment in town.

Other international firms have obtained a Vancouver base by snapping up local businesses. Cloud-based software provider SalesForce.com bought Vancouver’s SiteMasher in 2010, the same year San Francisco-based Joyent bought Vancouver’s startup Layerboom. Since then, a number of American parent companies have bought into the local scene, including Intel’s purchase of Recon Instruments and last year’s mega-sale of the dating site PlentyOfFish to New York’s Match Group for $575 million.

The tech boom is great for the local economy, but it comes with challenges, says Colin Scarlett, executive vice-president of Colliers International in Vancouver.

Tech companies want flexible leases because their staff levels tends to increase or contract more than in other sectors. “Their demands and requirements are diametrically opposed to a landlord’s requirements,” which require long-range planning, he says.

If they can’t offer flexibility, Scarlett suggests landlords sweeten their leases with “a more robust amenity package,” such as gym facilities, facilities for bikes, more diverse retail and food offerings that appeal to employees.

The City of Vancouver is hoping that the city’s former police station on Main Street could prove an attraction to tech companies, despite its Downtown Eastside location.

The city selected the 100,000-square-foot site as a potential tech hub two years ago and renovations started late in 2015. The goal is to bring in digital tech startups, clean-tech companies, tech accelerators, non-profits and micro-enterprises under one roof in one of Canada’s most poverty-stricken neighbourhoods. The city has already spent $1.1 million upgrading the building, while the Vancity Community Foundation earmarked another $1.5 million for the project.

The foundation is serving as the project’s landlord and the Vancouver Economic Commission will monitor its economic impact and try to bring in investors and mentors. As of press time, no tech tenants had been confirmed.É

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CULTURE

BY DESIGN Staff wellness merges with productivity goals to transform interior workspaces BAILA LAZARUS

NORM TAYLOR |

MANAGING DIRECTOR, B.C. OPERATIONS, CBRE

Culture is eating strategy for breakfast

W

alk around the new offices of CBRE in downtown Vancouver, and you won’t find a typical enclosed space anywhere. In fact, not much about these new digs, which cover more than 28,000 square feet on four floors, can be described as “typical.”

Stunning CBRE offices in Vancouver: a five-foot-wide staircase designed to “foster serendipitous collisions,” was such a key element, developer Oxford Properties had to change the structural design of the office tower before it went up | CBRE CANADA

CBRE is rolling out new designs in offices across Canada, starting with Vancouver. The offices reflect employees’ needs for a variety of work, meeting and socializing spaces, and are aligned with the WELL Building Standard, which measures, certifies and monitors the performance of building features that impact health and well-being.

“The biggest mistake is a one-size-fits-all mentality,”

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says Loren Bergmann, director, workplace strategies for Western Canada. “You can’t say, ‘That’s your workstation and that’s where you’re going to sit all day.’ That failed.

We’ve really embraced the idea of choice.

“Human resource departments are becoming way more savvy. If you’re not applying best practices, you’re not being competitive.”

Ashley O’Neill, vice-president of corporate strategy

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Loren Bergmann (left) director, workplace strategies, Western Canada, with Ashley O’Neill, vice-president of corporate strategy: “you can’t say, ‘That’s your workstation and that’s where you’re going to sit all day.’

That failed” | CHUNG CHOW CBRE staff share socializing and meeting spaces that take full advantage of spectacular views from the Oxford Porperties’ tower | CBRE CANADA

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Culture by design

Michael Keenan, managing director of Avison Young’s Vancouver office: “the goal was to have a thoroughly modern office with diverse work flow options” | SUBMITTED

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at CBRE, points out that a key goal for the design was improving collaboration between employees and between staff and clients.

“We can see that collaboration has increased the need for space,” says O’Neill. “The way we service our clients and the way we bring clients into our space is much more robust in this environment.”

Some key highlights of CBRE’s new Vancouver office include: ■ five times more meeting places; ■ five different types of workspaces to allow flexibility for individuals or teams, in quiet or collaborative environments; ■ electrified glass for meeting rooms that can provide complete privacy or become transparent to allow daylight to pass through the room into the larger space; ■ strategic placement of meeting and socializing spaces to foster increased physical activity; ■ variable-height desks and plug-in stations so staff can work in different locations in the office; ■ live trees on each floor; and ■ a five-foot-wide staircase designed to “foster serendipitous collisions,” allowing people to stop and chat as they pass each other moving from one floor to another.

This was such a key element, developer Oxford Properties

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had to change the structural design of the building before it went up to accommodate CBRE’s request.

Engaging employees in the full design process was a key to the success of the new offices. Staff committees discussed every aspect of the interior, from furniture and materials to noise reduction and storage needs. The result is an environment that improves results, recruitment and retention.

“So many corporations have been focused for so long on strategy [for acquiring business, and for employee recruitment and retention],” says Norm Taylor, executive

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vice-president and managing director for CBRE’s B.C. operations. “If you have a team that is inspired about where they work and who they work with, they’ll outperform for you, and that will trump strategy all day long.

We had a saying at one of our town halls that ‘Culture is eating strategy for breakfast.’”

I n a si m i la r vei n to CBR E, Av ison You ng (AY) went through its own transformation with a full 22,000-square-foot, two-floor build-out by Fusion Projects and Studio B Architects.

Michael Keenan, managing director of AY’s Vancouver

(Above and facing page) Avison Young completed a full 22,000-square-foot, two-floor build-out by Fusion Projects and Studio B Architects | FUSION PROJECTS

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Culture by design

Nick Baker, creative director and CEO, SmartDesign Group, stands in front of Piero Fornasettiinspired wallpaper, which wraps the wall at his new Station Street offices | SUBMITTED

office, said they needed a workspace that would complement their talent attraction and retention plans.

“The overarching intention of the design principles was to come up with an edgy space that reflected our talent and brand,” says Keenan. “The goal was to have a thoroughly modern office with diverse work flow options.”

The space is designed to support “impromptu collaboration,” and the reception, boardroom and kitchen areas are all flexible, designed to open into a large gathering space.

Fusion project manager Randy Cheng says they were aiming for “a space of sophistication to attract high-end clientele.” This was achieved through clean lines, highgloss finishes and sleek materials such as black glass and powder-coated frames.

While full build-out wasn’t in the cards for Nick Baker’s SmartDesign Group, that didn’t stop him from using culture-based choices in his own redesign.

Taking over the offices in the classical-style Pacific Central building on Station Street, Baker also wanted to focus on staff retention.

“It’s hard to find good talent here,” says Baker, who got started in his business designing offices in the mid-1980s.

“It’s not like L.A., New York or London. Forty per cent of my staff in Vancouver is from outside the city.”

Baker got rid of a formal reception area, makes use of high ceilings with open-concept work tables, uses floorto-ceiling glass walls for the boardroom and created a special alcove where staff can hang their bikes on the wall, as just a few of the design ideas to improve office culture.

Funky wallpaper, including artwork by mid-century designer Piero Fornasetti, provides a fun, eclectic feel, while maintaining a little history in the historic building. É

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SEEKING 50K OF CLASS A

Tenants challenged to find big, contiguous downtown space, despite higher vacancy rates

PAT JOHNSON

COLIN SCARLETT |

EXECUTIVE VICEPRESIDENT, COLLIERS INTERNATIONAL

We’re seeing an increasing number of more traditional clients being interested in a larger-floorplate building

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V

ancouver’s office vacancy rate is edging above 10 per cent, suggesting it is a buyer’s market – or, in this case, more likely a lessee’s market. That is, unless you want a big, contiguous space without crossing multiple bridges.

About 1.7 million square feet of new office space opened downtown last year and more new buildings are set for occupancy this year, but there is a challenge finding really big floor plates. A floor in a typical downtown office tower is about 15,000 square feet. Twenty thousand square feet is considered large, 50,000 enormous.

Yet when the Nordstrom building offered four floors of 75,000 square feet each, they were snapped up. Microsoft took two floors, Sony Pictures Imageworks took one floor, the law firm of Miller Thomson took two-thirds of another floor and the tech firm Mobify took the final third.

Comparatively mammoth floor plates of 50,000 square feet or larger are easy enough to find in Burnaby or Richmond industrial parks, but there is growing demand for bigger, contiguous spaces downtown, driven partly by tech companies and by a broader change in the concept of office culture.

Tableau Software, a Seattle-based data visualization

f i r m, i s i n tempora r y Vancouver lodgings while it searches for space large enough to accommodate employees in engineering, operations, sales and marketing, according to company spokeswoman Doreen Jarman.

But space is not the only consideration.

“We also look for neighbourhoods where our employees can benefit from and support local businesses and lifestyle amenities,” she says. For Tableau and many other tech firms, that tends to mean downtown or some other hip, close-in neighbourhood. Jarman was coy when asked about a rumour Tableau was in discussions for space in the Exchange tower. The Howe Street tower opens next year but, as of press time, only 10 per cent of its office space was leased.

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The tech sector, which is the largest and fastest-growing component of Vancouver’s downtown office market, often seeks out large, contiguous spaces because they strive for a corporate culture that is open, flexible, casual and collaborative. But now that model is extending into other industry sectors.

“We’re seeing an increasing number of more traditional clients being interested in a larger-floor-plate building,” says Colin Scarlett, executive vice-president of Colliers International in Vancouver. “So if you are a 60,000-square-foot law firm, to be over six floors is not

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as good as if you could be over two or even one floor.”

He cites Miller Thomson, which, like the other tenants in the new Nordstrom building, his firm placed.

“It provides just a different way to lay your space out and communicate and increase collaboration and culture amongst employees,” says Scarlett.

For landlords, configuring floor plans to allow single tenants to occupy one big space is fine if there is a tenant in hand. But carving out large spaces on spec, hoping that a company comes along, is obviously risky.

Among the drivers of a potential shift to big open

The new Telus building has 48,050 square feet vacant in its Telus Garden Podium | HPA

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Seeking 50K of class A

The Exchange building, which opens next year, has about 300,000 square feet available for pre-lease. The new tower is rising above the 1929-era Vancouver Stock Exchange building | CHUNG CHOW

spaces is that stodgy old-style offices are often not attractive to 20-something employees. That is why more traditional businesses are taking the tech sector’s lead, says Scarlett’s colleague Matt Carlson, another Colliers VP who specializes in office properties.

“Whether you’re a technology firm, a professional

service firm or otherwise, you are hiring the same millennial demographic, or younger demographic, that’s graduating from school and looking for a cool, fun, fresh, progressive employer,” Carlson says. “It’s about that pool of talent.”

Right now, in the city limits, a business could find floors of around 25,000 square feet at Renfrew Centre, in East Vancouver, or about 20,000 at Marine Gateway in South Vancouver. The Block Data Centre on Station Street has 33,000 square feet per floor. The Independent at Main, on the corner of Kingsway and Broadway in Mount Pleasant, has 70,000 square feet over two floors, with up to 47,000 contiguous. These are all new buildings.

If a business wants to go retro – and many, especially in the tech sector, are happy to convert old character buildings – it might find something like The Parker, an older industrial building at 900 Parker Street, near Venables, which has a nearly 50,000-square-foot main floor.

But none of these are downtown.

Scarlett sees an opportunity for developers to construct more buildings with between 20,000 and 40,000 square feet per floor, but he admits there’s a limit.

“If somebody were to build a building that had multiple floors at 75,000 square feet, I think that would be challenging,” he says. “But I think a large floor being 20 to 30 to 40,000 square feet, that would be something that would be attractive in this market and will continue to be attractive in the future for sure.” É

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OFFICE STRATA MAY BE A CATALYST FOR BROADWAY UPTOWN Brady Fleguel | While everyone talks about a white-hot housing market, some strata offices have exceeded the price appreciation of residential condos

B I expect some of the 10 future office projects within Vancouver’s downtown core will consider stratification

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urgess, Cawley, Sullivan and Associates Ltd. is involved with numerous development consulting and valuation scenarios.

In fact, I would hedge a guess that the majority of high rise towers in Metro Vancouver involve us in some way.

For the past decade, or debatably longer, strata office has been viewed as a higher-risk, lower-margin product type when considered in a mixed-use building with residential apartments. Often the office space was built as a zoning requirement to extract the strata density above (e.g. the DD-C3 zone in downtown Vancouver) or as a marketing strategy to prop up the residential floors by two to three levels in Metrotown (examples are referenced below).

The strata office pitch is not revolutionary: strata office space appeals to owner-users attracted to the price point and opportunity to build equity (in lieu of leasing) while interest rates are at historical lows. We’ve heard it all before, but while everyone is discussing a white-hot housing market, the strata office market has met and exceeded the appreciation of strata apartments.

Consider Metrotown in Burnaby. In 2011-12 Metroplace and Silver (Intracorp) generally sold office space at a discount of 10 per cent to 15 per cent of the strata residential product above (office space was selling for roughly $535 per square foot while the residential apartments were closer to $600 per square foot.). I have been closely monitoring Gold House (Rize Alliance) in Metrotown – launched in late 2015 – and reportedly the strata office and residential apartment components have sold at nearly the same pricing. While the media is focusing on residential appreciation, for good reasons, strata office in some locations is quietly outperforming the strata apartment market.

I want you to focus now on my

favourite, a complicated district that has been lying in wait for some time: the Broadway Uptown Office District. Residential development restrictions for C-3A lands between Yukon and Oak streets (known as the Broadway Uptown Office District) began in 1991 with the Central Area Plan, were reiterated within CityPlan (1995) and again reinforced in the Metro Core Jobs and Economy Plan (2007). In fact, while restating the direction to “maintain the policy to restrict residential uses” within the Uptown district, the Metro Core plan also encourages increased height limits where applicable. As a significant number of properties within this corridor are improved with one- and two-storey buildings, the current zoning allows a 3.0 floor space ratio, and the vacancy rate of 2.6 per cent (versus downtown at 9.3 per cent), the Broadway Uptown Office District seems ripe for strata office development.

Has Uptown strata office product been successful in the past? Let’s consider a case study, Broadway Central. This 127-unit strata office project by Orca West started its original pre-sale campaign in 2013 with closings in September and October, 2014 averaging $922 per square foot. Meanwhile Crossroads (PCI), a mid-rise project anchored by Whole Foods, was selling residential apartments at about $710 per square foot across the street. Even back in 2013, Uptown strata office was surpassing residential condominium revenues.

Why isn’t strata office being considered now, with a record-setting commercial real estate sector firing on all cylinders? I think it is, just as quietly as the activity in Metrotown. The market was surprised when 604-638 West Broadway (the Rogue Restaurant site – in Uptown) sold for $415 per buildable square foot in September of last year. Previously density pricing this high was

only achieved by C-3A land along the Broadway corridor outside the Uptown district, where residential uses are permitted. The Rogue restaurant site is 750 metres from Vancouver General Hospital (VGH) and 200 metres from the Canada Line. Certainly this site’s restriction to commercial uses (no residential permitted) will not be a detriment upon redevelopment, and its location is ideal for strata office. We’re also monitoring 950 West Broadway, another Uptown development site, which is expected to push density pricing to new heights. This is yet another under-improved (two-storey) site close to VGH with good future transit prospects.

Wit h sig n i f ic a nt resident i a l density anticipated along the proposed Millennium Line Broadway extension, Vancouver may finally see the job-space potential of the Uptown business district achieved, 25 years after its plan was approved.

From what I’m seeing, strata office may be the driving force.

Strata office doesn’t work everywhere. However, I expect that even some of the 10 future office projects within Vancouver’s downtown core will consider stratification. É

Appraiser Brady Fleguel is a principal with Burgess, Cawley, Sullivan and Associates, Vancouver. Fleguel has undertaken a variety of assignments with a focus on development land, shopping centres, multi-family residential and office buildings. His work encompasses projects throughout B.C. and his work experience also includes expropriation cases and arbitration consulting between tenants and landlords.

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EMERGING MARKET Mount Pleasant stakes out a lead as tomorrow’s hot outlier office destination

SCOTT SIMPSON

Brent Sawchyn, principal of PC Urban, is transforming this 72-year-old former electrical manufacturing plant into state-of-the-art office space in Mount Pleasant | CORI HOWARD COMMUNICATIONS

Y

ou may not notice it this year, or even a year or two from now.

But over the next five to 10 years, Mount Pleasant is going to spring up out of its historic roots as home to small-scale industrial shops. Many will get new life as commercial properties; others will make way for low-rise office buildings.

The transformation, already well underway, is driven by technology companies and other enterprises that are hungry for floor space and looking for alternatives to the fierce competition in pricier places such as Yaletown.

“We’re right in the midst of this transition,” says Struan Saddler with Avison Young. “If you drive through now you wouldn’t necessarily see it, but in the next two to three years more buildings will be popping up.”

The Mount Pleasant shift began in 2012 when local tech darling Hootsuite leased a languishing Vancouver civic building on East 8th Avenue. It gained momentum in 2013 when the city loosened zoning restrictions in the area. Now, some are referring to the area as “Mount Pixel.”

“There hasn’t been a lot of space in downtown for technology tenants, and they don’t necessarily want to be in traditional office-type towers,” notes Avison Young’s Glenn Gardner. “They’re looking for different environments where they can lease space that gives them the funkiness and the coolness factor.”

Gardner cites four aspects to Vancouver’s emergence as “the new tech boom city for Canada.”

“There are tax incentives for being here. The talent pool is as good as you’ll find in other marketplaces. It’s the same time zone as San Francisco, Silicon Valley and Los Angeles. And with the dollar being where it is, the

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currency play, the lower Canadian dollar, is working to everyone’s favour.”

In the 18 months to February 2016, Avison Young’s team of Saddler and Jason Mah sold more than $50 million worth of real estate in Mount Pleasant.

“The city has created an opportunity for developers to come in and retrofit existing buildings to office use, or to develop new office-use buildings,” Mah says. He adds that area already has the mix of amenities that allow tech companies to successfully compete for workers – an eclectic mix of restaurants and brew pubs – and proximity to a major city cycling route and public transit.

“We see Mount Pleasant as the way Yaletown was back in the early 2000s. Businesses such as Hootsuite, DHX Media and others have kicked it off.”

DHX’s move to Mount Pleasant is already part of local folklore. Cressey, developer of the 76,000-square-foot office complex Fifth where DHX will relocate late this year, opted to proceed with the building before confirming it had a tenant. DHX is taking the entire building on a 10-year lease.

“It’s the largest building either being developed or currently planned for Mount Pleasant,” Ronan Pigott, sales and leasing associate with Jones LaSalle Real Estate Services, says. “I think Cressey were pioneering in this area for sure. They took somewhat of a calculated risk but they’re very confident in this area, and the deal is a testament to it.”

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Halifax-based DHX Media is building a 75,000-square-foot animation studio on 5th Avenue and Yukon Street in Mount Pleasant | CHUNG CHOW

Pigott says other developers have been encouraged by Cressey’s success and are moving ahead with projects such as PC Urban’s 50,000-square-foot Lightworks Building and Rendition Development’s 18,000-squarefoot office complex, The Mirror.

A few blocks to the northeast, the future is less distinct for Vancouver’s other emerging job-creation zone: False Creek Flats.

The Flats already are, or will be, home to some civic landmarks including the Centre for Digital Media, the BC Technology Industry Association’s Innovation Hub, Discovery Parks’ The Centre and, in 2017, the Emily Carr University of Art + Design.

One of British Columbia’s biggest homegrown retail success stories, Mountain Equipment Co-op, shifted its headquarters from a cramped former auto parts shop in Mount Pleasant to the southern edge of the Flats along Great Northern Way in 2015.

One factor that deters the buzz about the Flats is the disaggregated range of its current and future occupants – everything from industrial businesses, car dealers and interior decorators to a new home for the Canada Revenue Agency.

The billion-dollar relocation of St. Paul’s Hospital could inspire health-services-related office development. But looking out a decade, Mount Pleasant looks like the clear front-runner to become Vancouver’s hottest outlier office destination. É

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GREEN GIANTS Vancouver office towers prepare for a carbon-neutral future

PETER MITHAM

B

uildings are the linchpin in aggressive Vancouver civic policies designed to make the city the world’s greenest by 2020. City staff claim that buildings are responsible for 41 per cent of the city’s climate-changing greenhouse gas emissions, and have updated the city’s building bylaw to encourage more environment-friendly types of construction.

Vancouver’s largest solar array sits atop the Telus Garden office tower, which is designed to LEED Platinum standards.

Solar power and a district energy system trim demand from conventional energy sources by 80 per cent | TELUS

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But even with much-lauded industry initiatives such as BOMA BEST (a program the Building Owners and Managers Association of BC pioneered), older buildings are falling short. The majority of downtown office towers were taken off the list of buildings that qualified for fast-track permits for tenant-improvements at the beginning of 2016, threatening to throw a wrench into relocation schedules in the first half of the year.

A fresh round of proposals aims to ensure that all new and existing buildings will eliminate greenhouse gas emissions and use only renewable energy by 2050, setting the stage for further upgrades.

Sean Pander, green building manager with the City of Vancouver’s sustainability group, says the BOMA BEST program has helped the city’s stock of commercial buildings take great strides towards energy efficiency. While it’s been tougher to get permits for tenant improvements in recent months, new standards requiring upgrades to make spaces more energy-efficient are typically waived for premises in buildings participating in BOMA BEST. “BOMA BEST is a standard we encourage and we support,” Pander says. “Your building as a whole, as opposed to the space you’re planning to renovate, is being well managed, and we’re not going to ask for these incremental things.”

When changes have been required, landlords have typically opted to install energy-efficient lighting systems with automated controls.

“The energy savings potential is quite significant for relatively low cost, low effort,” he says.

Heating is another matter, and Pander says the city faces a significant challenge in meeting its pledge to eliminate emissions of greenhouse gases and embrace renewable energy by 2050, noting that more than half of the office properties that exist today will still be in use in 35 years.

“The real challenge in the commercial buildings, new and existing, is: how do we reduce the heat demand and then meet it with a renewable resource?” he says.

One opportunity lies in plans for a shift to renewable energy by Creative Energy Platforms Corp., which maintains the natural-gas-fired boilers that keep more than 180 buildings in Vancouver’s downtown core warm.

Meanwhile, the efficiency of new buildings is increasing.

Oxford Properties Group’s tower at 1021 West Hastings has secured LEED (Leadership in Energy and Environmental Design) Gold certification with high-performance glazing and separate mechanical systems that allow floorby-floor energy management, while tenants such as the Canada Green Building Council sought LEED Platinum for their interiors.

SUSTAINABLE PERFORMANCE A 2015 study of 300 office buildings by Bentall Kennedy found the following: ■Rent concessions for LEED and BOMA BESTbuildings in Canada are on average 4 per cent lower

than in similar non-certified buildings.

■Occupancy rates were 18.7 per cent higher in Canadian buildings having both LEED and BOMA BEST certification.

■Tenant renewal rates were 5.6 per cent higher in Canadian buildings with BOMA BEST certification than in buildings without BOMA BEST certification.

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

Green giants

Sean Pander, green building manager, City of Vancouver: “BOMA BEST is a standard we encourage and we support” | ROB KRUYT

The new Telus tower at 510 West Georgia Street secured LEED Platinum for its construction, through measures such as the city’s largest solar array and a district energy system that reduces demand from conventional energy sources by 80 per cent.

Bentall Kennedy is also targeting LEED Platinum for the former Canada Post building in the 300-block of West Georgia, which is slated for a 19-storey office tower.

Downtown’s next major office project, 475 Howe Street, will complete in 2017 and is on track for LEED Platinum certification. SwissReal Group worked with Iredale Group Architecture to design a structure that requires half the energy of a traditional building and will use 60 per cent less energy to meet those needs thanks to its efficiency. Overall, the building will emit 85 per cent less carbon dioxide.

Iredale principal Graham Coleman, lead architect for the project, says the tower not only incorporates the best available technology now but can also accommodate what’s anticipated in the future.

Solar energy will heat hot water throughout the building, while lighting systems run off low-voltage lines from the building core – a design that promises to facilitate

2016 Office Space_02.indd 40

changes in tenants.

Heating and cooling use a hydronic system that draws about a third of its energy from a geo-exchange system with 44 wells drilled deep into the earth. But the energy could come from anywhere.

“The hydronic system is the distribution method for the building,” Coleman says. “It doesn’t matter what your input source is. Right now we’re going to have to use high-efficiency condenser boilers to support the geo-exchange field, but in the future it could be a district distribution system if the city puts it in. It’s ready for that retrofit a generation from now.”

Josh Chaiken, a principal of the New York architecture firm Kohn Pedersen Fox, which designed 1021 West Hastings, remarks that even as green features become commonplace, they remain a mark of distinction for buildings that confirm their state-of-the-art status.

A study of Bentall Kennedy’s portfolio published last fall bears that out, noting that rent concessions for LEED-certified and BOMA BEST buildings average four per cent lower thanfor non-certified buildings, and with occupancy rates 18.7 per cent higher. É

2016-04-28 3:43 PM

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

BAILA LAZARUS

R

ope access systems have come a long way from the simple pulley, and they’re climbing their way into highrise window washing and other building maintenance. WorkSafeBC regulations that came out in 2015 have aided the use and reputation of rope access. It’s now growing as an option in place of bosun’s chairs – where the technician sits on a wooden seat – and suspended platforms or swing stages.

ROPED Window washers use rope access system on a high-rise office tower | IURIIS/HUTTERSTOCK

IN

Tower window washers put faith in quicker, more flexible systems

2016 Office Space_02.indd 42

The new Part 34 of the Occupational Health and Safety Regulation covers industrial rope access and sets out 16 sections that deal with standards for anchor load capacity, frequency of inspections, appropriate headgear and safe work practices, among others.

“Up until a few years ago, there were people using an industrial rope access system but no real regulations,” says Greg Korpela, general manager, Canadian Rope Access Specialists (CRAS).

The two main certifying bodies in North America for “working at height” with rope access are the Society of Professional Rope Access Technicians and the Industrial Rope Access Trade Association. They train and certify technicians and establish international codes of practice, but many companies just make up their own guidelines, Korpela says, such as how many people they would send to a job site.

“A lot of companies will have one person on a building and that will negate the capacity for rescue,” says Korpela, who suggests two or three should be the minimum.

CRAS started in window cleaning but currently provides ropes training and industrial services. It opened an industrial ropes training facility in North Vancouver in 2009.

“I would say that prior to [2009] 90 per cent of [window-washing] companies were using a bosun’s chair.

Since then it’s probably changed to about 30 per cent to

2016-04-28 3:43 PM

| 43

40 per cent using industrial rope access techniques.”

But without standards, Korpela says, rope access was in “grey area” – not expressly prohibited but not expressly accepted. Part 34 came after several years of lobbying by industrial rope access supporters for clearer guidelines, he says.

The new regulation, combined with a track record of safety, has even had an impact on the cost of insurance, says Korpela, explaining that he always carries $5 million in general liability but his WorkSafeBC insurance costs have done down consistently.

“You’re more likely to be hurt in a traffic accident on the way to the work site than have anything happen using a properly arranged rope access system,” he says.

Despite the changes in regulations and growing awareness of the new rope access systems, bosun’s chairs and elevated platforms are still popular.

“After 300 feet in height, buildings just buy permanent platforms,” says Stewart Liddell, swing stage manager for Canada Scaffold Supply Co. in Richmond, which rents out suspended platforms.

The 300 feet refers to Canadian standards that call for professional engineers to sign off on any exterior access system for a building over approximately 30 storeys.

That’s where forces like wind shear come into play that need to be assessed to have the work system authorized.

That applies to elevated platforms, such as swing stages

2016 Office Space_02.indd 43

and bosun’s chairs, but not to industrial rope access.

Liddell, who has been in the business for almost four decades, acknowledges the growth of industrial ropes use, but sees the advantage of platforms at extreme heights.

“Since you can’t go over 300 feet without engineering approval, that pushes [building owners] into getting a permanent setup,” says Liddell.

But the expense of purchase and maintenance is a big consideration in choosing how to achieve exterior access, says Liddell. The Shangri-La’s Hotel’s permanent platform cost over $1 million, he says.

Because of that, use of the suspended platform use is kept at a minimum.

“If there was some kind of exterior damage to the building, they wouldn’t use a permanent [platform system] to [repair] the building,” says Liddell. “They’ll usually bring in portables, because the maintenance of the permanent platform is very expensive.”

As well, new buildings going up downtown, such as the Trump and MNP towers, have odd shapes that don’t lend themselves to swing stages.

“Because of the designs of the buildings that are being built now, swing stages are not held up with beams and weights and hooks anymore,” says Liddell. “Look at Shangri-La, Bentall 5 and the Georgia Hotel. They need custom big boom systems because of the complexity and shape of the buildings.” É

GREG KORPELA |

GENERAL MANAGER, CANADIAN ROPE ACCESS SPECIALISTS

You’re more likely to be hurt in a traffic accident on the way to the work site than have anything happen using a properly arranged rope access system

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

WHEN

TROUBLE

HITS

BOMA BC is working to enhance lines of communication between first responders and its members

SCOTT SIMPSON

W

hether it’s an earthquake rattling windows in downtown Vancouver, acrid fumes from a chemical fire in the port or the horror of an active shooter in an office tower, an emergency scenario puts sudden pressure on building owners and security service providers.

When a port fire sent toxic chemical smoke into downtown Vancouver in 2015, most pedestrians learned about the danger only when police broadcast it from the loudspeaker systems of their cruisers. BOMA BC has a better plan | CANTERM

2016 Office Space_02.indd 44

Each scenario is unique and comes with its own challenges for ensuring the safety of office building tenants.

Until recently, however, building owners and managers in British Columbia lacked a collective, overarching strategy for communicating potentially life-saving information in a timely manner.

The tenant safety issue is particularly acute in downtown Vancouver, the largest employment centre in Metro,

with 145,000 office workers concentrated in a small, high-density business zone. When a shipping container caught fire and sent a huge, toxic plume of chemical smoke towards downtown Vancouver in 2015, many pedestrians learned about the danger only when police broadcast it from the loudspeaker systems of their cruisers.

Now, the Building Owners and Managers Association of BC (BOMA BC) is working to enhance lines of communication between first responders – police, fire, ambulance and other emergency services that connect through B.C.’s primary 911 service, E-Comm – and BOMA members.

BOMA BC launched a pilot program in October 2015 that demonstrated how a real-time, 24-7 system could quickly distribute critical emergency notifications directly to building owners, who would in turn relay them to tenants.

“The grant for the pilot came from the Real Estate Foundation of BC,” Muneesh Sharma, BOMA BC director of government affairs, says. “We told them that this was the most important initiative in our industry. It wasn’t the sort of project they normally look at, but they were able to grant us some funding.”

Full implementation requires consensus among emergency services agencies to fund a dedicated office building emergency communications team with a hotline to BOMA members. The annual budget would be about $200,000.

As proposed by the emergency response committee of the organization’s B.C. chapter, the BOMA Alert System also incorporates an emergency mass notification

2016-04-28 3:43 PM

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

When trouble hits

Branko Bejo, business solutions vice-president for Securiguard Services and former chair of the BOMA BC emergency response committee: “the BOMA emergency notification system is about sharing information coming from the emergency responders” | SUBMITTED

software communications package developed by Ontario-based ERMS Advantage. The Advantage emergency mass notification system includes features such as Crisis Manager, which has templates for logging and reporting emergencies, and Roll Call, which allows employees to proactively report their personal status via a mobile device.

“The BOMA emergency notification system is about sharing information coming from the emergency responders, the professionals in the community,” says Branko Bejo, business solutions vice-president for Securiguard Services and former chair of the BOMA BC emergency response committee. “Depending on the incident, for example, it could mean advising tenants to go home or stay in place.”

Chad Kalyk, B.C. vice-president for Paladin Security, notes that building owners and managers in Toronto have implemented a similar system. “The main building management firms came together and said, ‘We need a shared communication network just in case something happens.’

“An incident at one end of the Vancouver downtown core, or even outside of the core as we saw with the chemical fire at the port, can easily affect a lot of downtown tenants and downtown properties.”

The international political climate, coupled with growing regional awareness about Metro Vancouver’s location in an active earthquake zone, is compelling

building managers to be more proactive about planning for potential threats and risks.

“The security climate is rapidly changing,” Kalyk says.

“It’s a global environment. We need to make sure we are adaptable and can adjust things.”

Paladin already has a real-time communications system that enables security staff in all of its client-buildings – a total of 10 million square feet of office space – to share information about suspicious activity or escalating threats. It has also invested in a software program that monitors online “open-source intelligence” sources such as Instagram, Facebook and Twitter.

“We can monitor what’s occurring and what people are saying, and then share that with our network to get ahead of events. When that earthquake hit Vancouver (in December 2015), the first place I looked was social media.

That’s how people are sharing information these days.”

Ultimately, it’s up to building owners and managers to decide what action to take in an emergency, notes Doug Stuckel, senior vice-president for client services with Commissionaires.

“That’s the big key: taking the time to plan all this out prior to some emergency event. We as security providers are one component — the building manager would have several areas to address in the event of an emergency, recognizing that when police and fire arrive, one of them will be the primary on the command structure for the response.” É

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www.grminc.ca

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| 47

Biggest commercial real estate brokerages in B.C. RANKED BY | Number of B.C.-licensed commercial agents in 2015

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2016-04-28 3:43 PM

48 |

OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

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2016 Office Space_02.indd 50

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2016-04-28 3:43 PM

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2016 Office Space_02.indd 51

2016-04-28 3:43 PM

52 |

OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

OFFICE BUILDING DIRECTORY WEST VANCOUVER nad

NORTH VANCOUVER aH wy

India n Ar m

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VANCOUVER CENTRAL BUSINESS DISTRICT NORTH

VANCOUVER CENTRAL BUSINESS DISTRICT SOUTH English Bay

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ALBERTA

BRITISH COLUMBIA

VANCOUVER ISLAND VANCOUVER VICTORIA SEATTLE

WASHINGTON

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WHITE ROCK

BRITISH COLUMBIA, CANADA WASHINGTON, U.S.

2016 Office Space_02.indd 52

2016-04-28 3:43 PM

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VANCOUVER CENTRAL BUSINESS DISTRICT NORTH 1166 Alberni St 1550 Alberni St/Alberni Bldg 1 Alexander St/The Dunn Bldg 190 Alexander St/Harbourview 560 Beatty St 788 Beatty St 200 Burrard St/Waterfront Centre 355 Burrard St/The Marine Bldg 400 Burrard St/Commerce Place 510 Burrard St 550 Burrard St/Bentall Five 555 Burrard St/Bentall Two 595 Burrard St/Bentall Three 666 Burrard St/Park Place 440 Cambie St/The Architecture Centre 750 Cambie St/Centennial Bldg 999 Canada Pl/World Trade Centre Office Complex 601 Cordova St W/The Station 111 Dunsmuir St/AMEC Building 777 Dunsmuir St/Pacific Centre Tower IV 885 Dunsmuir St 888 Dunsmuir St/ XCHANGE Conference Centre 1055 Dunsmuir St/Bentall Four

M–Peterson Commercial 604-689-0603/L–Peterson Commercial/Dave Kristen/Ivy Yung 604-688-4885 M–Peterson Commercial/Stefanie Weng 604-699-5226/ L–Peterson Commercial/David Kristen/Ivy Yung 604-669-2285 L–Corbel Commercial Inc/Robert Tham/Marc Saul 604-609-0882 M–Anthem Properties/Sandy Schnoor 604-689-3040/ L–Avison Young/Robin Buntain/Matt Walker 604-647-5085 M–Cowan Properties 604-834-3545/L–Corbel Commercial Inc/Robert Tham/Marc Saul 604-609-0882 M/L–Reliance Properties/Steve Horovitz 604-689-1119 M–Cadillac Fairview 604-646-8021/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 M–Oxford Properties/Derek Page 604-893-3244/L–Oxford Properties/Ted Mildon 604-893-3230 M–GWL Realty Advisors/Frank Vecchio 604-713-8913/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 M–Manulife Financial/Kathy Ireland 604-438-2302/L–Manulife Financial/Paula Wright 604-717-8235 M–Bentall Kennedy/Jon Wellman 604-661-5056/L–Bentall Kennedy/Jeff Lim 604-661-5000 M–Ivanhoe Cambridge/Doug McDougall 778-328-5961/ L–Ivanhoe Cambridge/Matthew Schaeffers 778-328-5968 M–Ivanhoe Cambridge/Doug MacDougall 778-328-5961/ L–Ivanhoe Cambridge/Matthew Schaeffers 778-328-5968 M–GWL Realty Advisors/Frank Vecchio 604-713-8913/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 L–Avison Young/Robin Buntain/Matt Walker 604-640-5820 M–Peterson Commercial 604-699-5226/L–Peterson Commercial/Ivy Yung/David Kristen 604-699-5209 M–Ocean Pacific Management/Kim Clark 604-682-7391/ L–Colliers/John Freyvogel/Rob Chasmar 604-661-0806 M–Cadillac Fairview 604-646-8021/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 M–Morguard Investments/Michael Walker 604-681-9474/L–Morguard Investments/Faye Tam M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Management/Colin Murray 604-638-0327 M–Manulife Real Estate 604-664-8040/L–CBRE Ltd/Tara Finnegan/Michael White 604-662-5159

M–Ivanhoe Cambridge/Doug MacDougall 778-328-5961/ L–Ivanhoe Cambridge/Matthew Schaeffers 778-328-5968 M–Oxford Properties/Derek Page 604-893-3244/L–Oxford Properties/Ted Mildon 604-893-3230 M–Austeville Properties/Scott Reid 604-216-5500/L–Colliers/John Freyvogel 604-661-0806 M–Telus Holdings 604-684-5852/L–JLL/Mark Chambers 604-998-6005 M–GWL Realty Advisors/Randy Felty 604-713-6481/ L–GWL Realty Advisors/Steffan Smith 604-713-6480 700 Georgia St W/TD Tower (Pacific Centre) M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 701 Georgia St W M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 885 Georgia St W/HSBC Bldg M–Cadillac Fairview 604-630-5307/L–Cadillac Fairview/Lou Ficocelli 925 Georgia St W/Cathedral Place M–Shon Group Realty/Maria Johnson 604-669-3312/L–JLL/Mark Chambers 604-998-6005 1030 Georgia St W/Burrard Bldg M–Warrington PCI/Deryk Brower 604-331-5232/L–CBRE Ltd/Eli Applebaum/Bill Coulter 604-662-3000 1040 Georgia St W/The Grosvenor Bldg M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272 1055 Georgia St W/Royal Centre L–Avison Young/Matthew Craig/Justin Omichinski 604-647-5076 1075 Georgia St W M–Bentall Kennedy/Marjo McDougall 604-661-5000/L–Bentall Kennedy/Jeff Lim 604-661-5619 1090 Georgia St W M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272 1111 Georgia St W/FortisBC Centre M–TA Management/Lee Medd 604-683-1628/L–CBRE Ltd/Bill Coulter 604-662-3000 1185 Georgia St W M–CREIT Management/Ryan Swire 604-683-1185/L–CBRE Ltd/Geoff Donelly 604-662-5130 1188 Georgia St W M–GWL Realty Advisors/Randy Felty 604-713-6481/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 1281 Georgia St W/Georgia Bldg M–Warrington PCI/Jenny Will 604-331-5243/L–Brilliant Circle Group/Stefanie Ng 604-685-2945 1445 Georgia St W/Phileo Place M–Turner Meakin/Brian Meakin 604-736-7020/L–Colliers/Derek May/John Freyvogel 604-661-0837 1455 Georgia St W/Lea Bldg M–Warrington PCI/Jenny Will 604-331-5243/L–Brilliant Circle Group/Stefanie Ng 604-688-2942 1500 Georgia St W/1500 West Georgia M–SDM Realty Advisors 604-688-5658/L–SDM Realty/Steve Duyvewaardt 200 Granville St/Granville Square M–Cadillac Fairview 604-646-8021/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 409 Granville St/United Kingdom Bldg M–Peterson Commercial/Stefanie Weng 604-699-5209/ L–Peterson Commercial/Ivy Yung/David Kristen 604-688-4885 470 Granville St/Rogers Bldg M–Equitable Real Estate/Mark Rahal/Jeannie Tam 604-683-7571/ L–Equitable Real Estate/Jeannie Tam 543 Granville St/Bower Bldg M–Harwood Corp 604-681-3401/L–Harwood Corp/Daen Campbell 570 Granville St/Bower II M/L–Harwood Corp/Daen Campbell 604-681-3401 609 Granville St/Canaccord Genuity Pl M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307 725 Granville St M–Cadillac Fairview 604-630-5307/L–Cadillac Fairview/Lou Ficocelli 736 Granville St/Vancouver Block M–Equitable Real Estate/Mark Rahal/Jeannie Tam 604-683-7571/ L–Equitable Real Estate/Jeannie Tam 151 Hastings St W/Ormindale Block M–Century Group 604-943-2203/L–Colliers/Dan Jordan 604-692-1472 163 Hastings St W/The Flack Block M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Group/Colin Murray 604-638-0327 417 Hastings St W/Millar & Coe L–Avison Young/Justin Omichinski/Michael Buchan 604-646-8387 440 Hastings St W L–Lee & Associates/Don Mussenden/Jason Marriott 604-630-3373

401 Georgia St W 475 Georgia St W/BC Turf Bldg 510 Georgia St W/Telus Gardens 650 Georgia St W/Vancouver Centre

2016 Office Space_02.indd 53

167,350 100,159

25,464 192,814 n/a 100,159

16 8

144 184

1979 1972

1999 2006

$25 $18

$17.99 n/a

• •

22,464 39,634

13,116 35,580 n/a 42,655

4 6

34

n/a 1979

2006 n/a

n/a n/a

$14.53 $13.83

•

608 280 146

1920 1910 1990 1930 1985

n/a 1985 n/a 1989 n/a

n/a $18 n/a $33 n/a

$8.28 $9.95 $24.20 $22.79 $22.03

• • •

26,700 54,000 365,194 145,727 211,015

5,300 n/a 29,158 23,403 15,734

32,000 59,500 394,155 169,130 226,749

6 6 21 22 21

205,000 577,976 165,948

n/a 205,055 n/a 577,976 7,461 174,394

14 156 33 975 18 1,059

1985 2002 1969

2003 2007 2003

n/a n/a n/a

$20.32 $20.40 $22.33

• • •

464,641

14,601 490,639

32 1,059

1974

1994

n/a

$22.11

•

577,614

18,775 596,389

35

533

1984

2007

n/a

$19.86

•

36,000 70,500 210,000

n/a 36,000 n/a 70,500 n/a 210,000

3 7 6

11 40 160

1910 1960 1986

1998 2005 2000

n/a n/a n/a

$16 $14.30 $18.18

• •

85,967 222,135 264,088 107,712

5 13 19 10

173 242 398 16

1913 1994 1990 1970

1980 n/a 2005 n/a

n/a n/a n/a $24

$17.47 n/a $23.13 $16.17

• • • •

89,730

4,632 94,362

15

120

1991

n/a

n/a

$17.74

•

85,967 218,416 264,088 100,452

n/a 3,719 n/a 7,260

523,132

19,792 547,956

35

475

1981

1998

n/a

$20.44

•

267,296 103,361 477,185 387,426

1,780 n/a n/a 86,697

269,076 103,361 477,185 474,123

22 10 24 34

298 90 280 473

1985 1974 2015 1977

1997 n/a n/a 2015

$33 $24 n/a n/a

$22.64 $19.46 $20.32 $22.19

• •

470,911 216,690 364,713 307,398 207,095 195,105

n/a n/a 18,182 8,616 n/a 8,648

470,911 216,690 382,895 316,014 250,000 203,766

30 1,975 18 145 23 450 23 351 19 158 22 236

1972 1975 1986 1991 1957 1984

2004 2010 n/a 2008 1990 n/a

n/a n/a n/a n/a n/a n/a

$22 $22.05 $22.59 n/a $20.01 $21.61

• • • • • •

•

435,000 340,700 140,501

n/a 853,000 7,300 348,000 4,682 144,181

37 26 16

688 226 77

1973 1968 1976

2012 2002 1986

$34 n/a $26

$23.42 $21.03 $20.21

• • •

349,140 146,846 199,979

n/a 349,140 18,964 165,810 4,594 204,573

24 16 21

394 155 59

1992 1985 1980

2003 1992 1997

n/a $24 n/a

$21.52 $19.86 $18.55

• • •

72,257 32,490 31,853 189,397 381,644 195,956

n/a 4,209 n/a 3,693 13,162 15,142

72,257 39,620 31,853 193,090 394,097 211,098

10 6 8 20 28 17

74 21 11 130 460 64

1959 1963 1969 1978 1973 1961

2006 1999 2005 2003 2012 1988

$18 $28 n/a $26 n/a $23

$13.64 n/a n/a $20.30 $22.78 $15.47

• • • • •

17,236 115,560

12

1911

n/a

$20

$14.46

•

n/a n/a n/a 48,000 6,309

17 60 19 95 24 1,575 7 16

1997 2000 1981 2015 1912

n/a n/a 2005 n/a 2008

$28 $29 n/a n/a $23

$16 $16 $20.91 n/a $15.86

• • •

•

98,324 67,526 75,000 284,170 300,000 84,733

67,526 95,000 284,170 348,000 91,042

23,559 37,099

12,012 35,611 7,532 44,631

6 5

2015 1899

n/a 2008

$34 $24

$13.47 $16.44

23,043 21,000

12,000 35,043 n/a 21,000

4 3

1915 1908

n/a n/a

n/a n/a

$6.62 n/a

2016-04-28 3:43 PM

54 |

OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

555 Hastings St W/Harbour Centre 601 Hastings St W 602 Hastings St W/Reliance Bldg 609 Hastings St W/Princess Bldg 675 Hastings St W/Royal Bank Bldg 688 Hastings St W/Birks Place The Kalen Capital Bldg 744 Hastings St W/Pemberton Bldg 815 Hastings St W 838 Hastings St W/Jameson House 850 Hastings St W/Credit Foncier 900 Hastings St W/900 West Hastings 999 Hastings St W/AXA Place 1021 Hastings St W/MNP Tower 1055 Hastings St W/Guinness Tower 1066 Hastings St W/Oceanic Plaza 1111 Hastings St W 1177 Hastings St W 1199 Hastings St W/Hastings Bldg 318 Homer St/Mercantile Bldg 530 Hornby St/Trans-Pac Centre 580 Hornby St 777 Hornby St 475 Howe St/The Exchange

Corporate Risk Services

Secure Integration

115,128 249,707 212,500 65,000 27,483 108,630

50,595 n/a 10,000 n/a n/a

25,621 91,056

9

67,500 99,632

5,000 72,500 9,157 108,789

8 10

57,784 44,350

7,665 69,665 4,418 48,768

8 10

97,096

5,370 102,466

14

209,041 271,260 252,339 331,128 95,814 305,000

n/a n/a 3,858 21,209 n/a 13,448

209,041 271,260 256,373 345,468 107,459 340,999

19 35 25 26 13 26

63,936 45,000 22,415 53,343

n/a 5,000 n/a 2,716

63,936 50,000 22,415 56,059

14 8 5 9

11,400 149,500 n/a 369,000

21 31

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AV CO ER A ST GE

OP

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AR

RA AV E

LA

ST

YE

BU

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AR

KI

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LS

65,435

ILT

ST AL

28 25 8 11 16

YE

PA R

15

323,707 n/a 74,204 27,483 108,630

138,100 369,000

NO

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EY

S

UA SQ TA L

n/a 115,128

ST

RE

FIC OF

M/L–Reliance Properties/Steve Horovitz 604-689-1119 M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Management/Colin Murray 604-638-0327 L–JLL/Mark Trepp 604-998-6035 M–Triovest Realty Advisors/Nancy Westfall 604-642-4501/ L–Triovest Realty Advisors/Julie De Cotiis 604-642-4514 M–UPG Uptown Property Group/Donna Bisaro 604-688-7900/ L–UPG Uptown Property Group/Bart Slotman 604-688-7750 M–Polaris Realty/Douglas Hume 604-684-4221/L–Colliers/John Freyvogel 604-661-0806 M–Oxford Properties/Steve Patrick 604-893-3206/L–Oxford Properties/Chuck We 604-893-3257 M–Oxford Properties/Derek Page 604-893-3244/L–Oxford Properties/Ted Mildon 604-893-3230 M–Oxford Properties/Derek Page 604-893-3244/L–Oxford Properties/Ted Mildon 604-893-3230 M–Golden Properties/Angela Wong 604 689 1721/L–Avison Young/Matthew Craig 604-647-5076 M–Golden Properties/Angela Wong 604-689-1721/ L–Avison Young/Matthew Craig/Justin Omichinski 604-647-5076 M/L–Wicklow West/Ross Petaske 604-689-5050 M/L–Reliance Properties/Steve Horovitz 604-689-1119 M–Hornby St Trust 604-694-2039/L–CBRE Ltd/Mark Blancard 604-662-5160 M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Management/Colin Murray 604-638-0327 M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619 M–Credit Suisse 212-325-2000/L–JLL/Mark Chambers 604-998-6005

TO

M–Aquilini Properties/David Stark 604-687-8813/ L–Aquilini Properties LP/Drew Hardisty 604-909-7943 M–Harbour Centre Complex 604-689-7304/L–Colliers/John Freyvogel 604-661-0806 M–Morguard Investments 604-602-6450/L–Morguard/Faye Tam M/L–Reliance Properties/Steve Horovitz 604-689-1119 M–Pacific Dawn Management 604-683-8843/L–Colliers/Derek May/John Freyvogel 604-661-0837 M–UPG Uptown Property Group/Donna Bisaro 604-688-7900/ L–UPG Uptown Property Group/Bart Slotman 604-688-7750 M–Talia Jevan Properties/Andre Fong 604-659-6000/L–Colliers/Derek May 604-661-0837

QU

510 Hastings St W/Standard Bldg

LS

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

E

Address/Building name

TA I

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

1913

1989

n/a

$12.30

1977 2015 1956 1982 1930

2005 n/a 2003 n/a 2016

n/a n/a $20 $23 n/a

$20.51 n/a $12.85 $14.48 n/a

1908

1996

$24

$16.68

1910 1976

1990 1989

$22 $24

$13.07 $17.46

•

2011 1914

n/a 1992

n/a n/a

$20 $19.74

•

1966

2009

n/a

n/a

•

120 280 277 228 250 596

1981 2014 1969 1977 1966 1968

2003 n/a 2004 2004 1996 2009

n/a $44 $34 $35 n/a $30

$20.98 $20.23 $23.32 $22.07 $17.09 $19.21

• • • • • •

32

1968 1910 1988 1986

1993 1999 n/a 2000

$28 $19 $22 $23

$17.93 $9.40 $14.52 $18.02

•

1969 2017

1996 n/a

n/a n/a

$20.35 n/a

700

26 32

457

•

•

•

Security Personnel

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Today’s G4S.

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2016 Office Space_02.indd 54

2016-04-28 3:43 PM

535 Howe St 595 Howe St/Good Earth Bldg 625 Howe St/Standard Life Bldg 1100 Melville St/Sun Life Plaza 1111 Melville St

M–Enchanting Int’l Properties 604-682-8002/L–Macdonald Commercial/Eric Poon 604-714-4768 M–Colliers 604-681-4111/L–NAI Commercial/Irene Yung/Rob DesBrisay 604-691-6606 M–Manulife Real Estate 778-328-1605/L–CBRE Ltd/Tara Finnegan 604-662-5159 M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619 M–Porandom Management/Connie Chau 604-687-6790/ L–Cushman & Wakefield/Jennifer Robertson 604-640-5894 1133 Melville St M–Oxford Properties/Jesse Hague 604-893-3204/L–Oxford Properties/Ted Mildon 604-893-3230 1190 Melville St/Wyland Bldg M/L–Reliance Properties/Steve Horovitz 604-689-1119 119 Pender St W/Duncan Bldg M–Equitable Real Estate/Mark Rahal/Jeannie Tam 604-683-7571/ L–Equitable Real Estate/Jeannie Tam 128 Pender St W/Sun Tower M–Allied Properties REIT 604-683-5002/L–CBRE Ltd/Tara Finnegan 604-662-5159 303 Pender St W M–Colliers/L–Colliers/John Freyvogel 604-661-0806 402 Pender St W/BC Securities Bldg M/L–Reliance Properties/Steve Horovitz 604-689-1119 700 Pender St W/Pender Place I M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Carson Pennock 604-630-5305 750 Pender St W/Pender Place II M–Cadillac Fairview/Ultan Kampff 604-688-7236/L–Cadillac Fairview/Carson Pennock 604-630-5305 789 Pender St W M–Triovest Realty Advisors/Nancy Westfall 604-642--4501/ L–Triovest Realty Advisors/Julie De Cotiis 604-642-4514 800 Pender St W M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Management/Colin Murray 604-638-0327 890 Pender St W M–West Pender Property Group/Mike Rushford 604-683-0331/ L–West Pender Property Management/Colin Murray 604-638-0327 905 Pender St W/King George Group Bldg M–Colliers/L–Colliers/Derek May 604-661-0837 1050 Pender St W M–Bentall Kennedy/Bruce Tanner 604-661-5084/L–Bentall Kennedy/Jeff Rank 604-661-5090 1090 Pender St W M–Bentall Kennedy/Bruce Tanner 604-661-5084/L–Bentall Kennedy/David Haugen 604-661-5679 1095 Pender St W/Manulife Place M–Manulife Financial/Kathy Ireland 04-438-2302/L–Manulife Financial/Paula Wright 604-717-8235 1112 Pender St W M–Warrington PCI/Jenny Will 604-331-5243/L–Brilliant Circle Group/Stefanie Ng 604-688-2945 1130 Pender St W M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619 1140 Pender St W/SunLife Financial Centre M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619 1155 Pender St W/Shorehill Bldg M/L–Wicklow West/Ross Petaske 604-689-5050 1199 Pender St W M–Wertman Development/Jason Wertman 604-681-1168/ L–RPM Realty/Holly Kingan/Roy Gibbs 604-684-8291 1201 Pender St W/East Asiatic House M/L–Wicklow West/Ross Petaske 604-689-5050 1208 Pender St W/The Ritz L–Avison Young/Dan Smith 604-646-8397 M–Lumberman’s Building Corp/L–CBRE Ltd/Michael White 604-662-5120 509 Richards St/The Lumberman’s Bldg 500 Robson St/TELUS Garden Podium L–JLL/Mark Chambers 604-998-6005 605 Robson St/Vancouver House M–Unimet Investments Ltd 604-688-1883/L–RPM Realty/Roy Gibbs 604-684-8291 720 Robson St/Mason Robson Centre L–Colliers/John Freyvogel 604-661-0806 969 Robson St/Robson Central M–Morguard Investments/Michael Walker 604-681-9474/ L–Morguard Investments/Faye Tam 604-602-6450 1155 Robson St/John Robson Place M–Warrington PCI/Deryk Brower 604-331-5232/L–Colliers/Derek May 604-661-0837 333 Seymour St/Grant Thornton Place M–Morguard Investments/Michael Walker 604-681-9474/ L–Morguard Investments/Faye Tam 604-602-6450 510 Seymour St L–Colliers/Marco DiPaolo 604-661-0838 525 Seymour St/Seymour Bldg M–Aquilini Group Properties/David Stark 604-687-8813/ L–Aquilini Group Properties/Drew Hardisty 604-909-7943 576 Seymour St/Arts & Crafts Bldg L–Macdonald Commercial/Eric Poon 604-736-5611 698 Seymour St/Seymour Bldg M–Colliers/L–Colliers/Devin Ringham 604-692-1445 535 Thurlow St/Phillips Bldg M–Onni Group/Marcus Jaheny 604-602-7711/L–Colliers/Derek May 604-661-0837 745 Thurlow St M–Bentall Kennedy 604-661-5000/L–Bentall Kennedy/Jeff Rank 604-661-5090 68 Water St/Deighton Bldg L–RE/MAX Commercial Advantage/John Moody 778-837-3760 73 Water St/Charles Coldwell Bldg L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882 305 Water St L–Corbel Commercial Inc/Robert Tham/Marc Saul 604-609-0882

22,500 83,869 125,400 150,311 105,372

10 8 7

6,000 6,000 5,000 5,539 3,890 5,739

88,300 30,000 45,000 146,854 142,000 118,607

17 3 8 17 17 15

112,866

n/a 112,866

16

57,926

6,663 64,589

8

AT I

NG

RA TE

ER

n/a $23 n/a n/a n/a

n/a $16.09 $17.28 $16.95 $16.95

1982 1965 1911

n/a 1999 n/a

$24 $20 $22

$16.99 $12.43 $12.48

1912 1900 1912 1972 1974 1929

2011 n/a n/a 2000 2000 1991

$33 $29 $21 n/a n/a n/a

$22.01 $14 $10.90 $20.27 $20.19 $18.74

• • •

1978

1999

$22

$18.25

•

1965

1998

$23

$16.50

•

1963 1973 1971 1991 1963 1980 1984 1967 1955

2002 1993 1999 2003 2014 2006 2006 2003 2003

$18 n/a n/a n/a $18 n/a n/a $17 n/a

$17.95 $17.09 $17.73 $21.40 $16.72 $18.93 $17.60 $14.54 $14.98

• • • • • • •

1966 2008 1912 2015 1989 2013 1956

2008 n/a 2007 n/a n/a n/a 2013

$18 $29 n/a n/a $23 $28 n/a

$17.70 $10.10 $13.56 $20 $16.77 $18 $20.85

•

1947 1985

1992 2005

$17 n/a

$16.16 $21

• •

32,400 220,129 76,499 214,000 57,190 140,180 170,778 83,068 73,855

6 22 12 22 10 15 18 7 9

59,483 27,644 28,025 48,051 138,308 21,009 80,824

n/a n/a n/a n/a n/a n/a 47,092

59,483 27,644 28,025 n/a 144,000 21,009 127,916

8 3 8 3 16 5 6

78,964 150,735

n/a 79,950 3,760 154,495

7 17

71,247 43,807

5,042 76,837 n/a 47,949

10 10

2017 1914

n/a 1990

n/a $25

$19 $13.06

1910 1971 1966 2015 1899 1905 1910

2000 n/a 1990 n/a 1980 1973 2012

$19 $13 $19 n/a $20 $20 $27

$13.72 $12.75 $14.49 n/a $8.25 $10 $13

2002 2019 1982 1984 1937 1990 2016

n/a n/a 2001 1992 1980 n/a n/a

$35 n/a n/a $23 $21 $20 n/a

$19.34 n/a $17.92 $19.20 n/a $19.26 $18

1900 1912

1989 1988

$22 $20

$12.04 $24.80

26,305 31,168 61,861 365,000 27,000 23,400 20,000

4,576 7,107 n/a 35,000 9,500 3,900 4,000

30,881 38,275 61,861 430,000 n/a 27,300 24,000

6 4 8 25 5 7 5

171,256 129,099 109,700 92,000 24,000 65,000 88,484

n/a n/a n/a n/a 6,200 n/a n/a

171,256 129,099 114,256 92,000 30,200 65,000 106,581

7 13 7 10 3 3 26

8,000 71,000 n/a 48,000

6 4

102 54

170

141

21

A

n/a 1990 1993 2006 n/a

n/a n/a 5,202 4,000 n/a 2,312 3,300 n/a 14,000

186 43 152 149 51 60

M

1935 1977 1975 1982 1976

32,400 220,129 71,297 210,000 57,190 137,868 167,087 83,068 72,000

247

BO

AV CO ER A ST GE

OP

VA TE

NT AL

RE

AR

GE RA

YE ST LA

AV E

BU

NG

28

AR

KI

202 116

YE

PA R

577

RE

LS

9,041 79,236 7,000 48,000 8,847 60,286

18 120 114 112

ILT

ST AL

7 13 14 16 12

82,300 24,000 40,000 142,633 142,000 112,868

NO

ET FE RE EY OR ST

n/a 88,021 131,274 159,565 116,544

70,195 41,000 51,239

n/a n/a 5,874 9,254 n/a

S

UA

TO

TA L

SQ

QU LS TA I RE

FIC

E

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 55

• • •

• •

•

• • •

VANCOUVER CENTRAL BUSINESS DISTRICT SOUTH 858 Beatty St/Pivotal Bldg 1290 Burrard St/Burrard Gateway 1380 Burrard St/Kilborn Bldg 845 Cambie St/Law Society Bldg 896 Cambie St 10011085 Cambie St/Yaletown Mews 89 Georgia St W/Rogers Arena West Tower 929 Granville St 1040 Hamilton St/Yaletown Centre

M–Warrington PCI/Kim Steppan 604-331-5237/L–CBRE Ltd/Blair Quinn 604-662-5161 M–Reliance Properties Ltd 604-689-1119/L–Reliance Properties Ltd/Steve Horovitz M–Bentall Kennedy/Petra Pockay 604-646-2869/L–Bentall Kennedy/Jeff Lim 604-661-5619 M–BC Law Society 604-669-2533/L–Colliers/John Freyvogel/Devin Ringham 604-661-0806 M/L–Petrina Enterprises/Leo Poulos 604-734-3400 M–Colliers/Ching-Lei Lee 604-692-1409/L–JLL/Mark Trepp 604-998-6035 M–Aquilini Properties 604-687-8813/L–CBRE Ltd/Blair Quinn 604-662-5181 M–Soco Investments Inc 604-685-8471/L–CBRE Ltd/Blair Quinn/Zach Wittenberg 604-662-5161 M–MDC Property Services 604-678-0244/L–CBRE Ltd/Tara Finnegan 604-662-5159

63,000 42,000

416 117 89 82

28

• •

•

LEADERS IN REAL ESTATE SOLUTIONS Knowledge – Resources – Expertise – Experience

Visit us at www.bcappraisers.com

2016 Office Space_02.indd 55

2016-04-28 3:43 PM

56 |

OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

1085 Homer St/The Cossette 1090 Homer St 1140 Homer St/Homer Court 1250 Homer St 1286 Homer St 865 Hornby St/Chancery Place 840 Howe St/Robson Court 900 Howe St 938 Howe St/Pacific Place 980 Howe St 1045 Howe St 1080 Howe St/The Victoria 1125 Howe St/Vanso Bldg 268 Keefer St/Sun Wah Centre 910 Mainland St/Mainland Tech Centre 1080 Mainland St/Yaletown Galleria 1122 Mainland St 808 Nelson St/Nelson Square

AT I

NG

RA TE

ER BO

M

A

OP

AV CO ER A ST GE

VA TE

NT AL

RE

AR

GE RA

YE ST LA

AV E

ILT

ST AL

BU

NG

AR

KI

YE

PA R

RE

LS

NO

ET FE RE ST

OR

EY

S

UA

TO

TA L

SQ

QU LS TA I RE

M–BC Centre 86/Paula Eng 604-682-1339/L–Cushman & Wakefield/Iain Young 604-640-5807 M–CCS Properties/L–CBRE Ltd/Eli Applebaum/Zach Wittenberg 604-662-5164 M–CBRE Ltd/L–CBRE Ltd/Zach Wittenberg/Eli Applebaum 604-662-5164 L–CBRE Ltd/Geoff Donelly 604-662-5130 M–The Mangement Group/Moreno Zen 604-681-1816/L–JLL/Mark Trepp 604-998-6035 M–Macdonald Development 604.331.6018/ L–Avison Young/Matt Walker/Robin Buntain 604-647-5074 L–Colliers/Colin Scarlett 604-661-0879 M–GWL Realty Advisors 604-713-8902/L–GWL Realty Advisors/Blair Stewart M–Transpacific Realty 604-661-0669/L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882 L–Cushman & Wakefield/Iain Young 604-640-5807 M–Allied Properties REIT/L–CBRE Ltd/Tara Finnegan 604-662-5159 M–Morguard Investments/Michael Walker 604-681-9474/ L–Morguard Investments/Faye Tam 604-602-6450 M–GWL Realty Advisors/Randy Felty 604-713-6481/ L–GWL Realty Advisors/Steffan Smith 604-713-6480 M–Warrington PCI/Deryk Brower 604-331-5232/ L–Cushman & Wakefield/Hayden Elliott 604-640-5831 M–Gateway West Management/Sylvia Hoogstins 604-635-5022/ L–Cushman & Wakefield/Hayden Elliott 604-640-5831 M–Manulife Real Estate/Kathy Ireland 04-438-2302/ L–Manulife Real Estate/Paula Wright 604-717-8235 M–Narland Management 604-681-6747/L–CBRE Ltd/Geoff Donelly 604-662-5130 L–Colliers/Brian MacKenzie 604-661-0829 M/L–Wicklow West/Ross Petaske 604-689-5050 L–Avison Young/Justin Omichinski/Michael Buchan 604-646-8387 M–910 Mainland Management 604-687-2554/L–Avison Young/Matthew Craig 604-647-5076 L–JLL/Mark Trepp/Corbin MacDonald 604-998-6035 M–Mainland Ventures/Alan Firth 604-732-6540/L–JLL/Mark Trepp 604-998-6035 M–Nelson Square Management/Rose Ma 604-684-2472/ L–Cushman & Wakefield/Jennifer Robertson 604-640-5894

E

1168 Hamilton St 856 Homer St/Timberwest Bldg 860 Homer St/The Beasley 990 Homer St 1008 Homer St/North Western Bldg 1050 Homer St

FIC

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

46,200 47,000 21,000 43,856 44,500 21,000

n/a n/a n/a n/a n/a n/a

46,200 47,000 21,000 45,000 60,000 43,493

5 5 4 5 5 4

39

1916 1971 2011 1950 1908 1950

1989 1982 n/a 2000 1998 2006

$25 $26 $26 n/a n/a n/a

$15.30 $14.80 $13.92 $16.69 n/a $14.41

51,000 47,273 26,000 26,000 20,424 132,399

n/a 17,002 n/a n/a n/a 10,235

54,000 64,275 28,000 32,500 20,424 142,634

6 5 3 6 5 13

66

197

2003 1917 1912 2002 1910 1982

n/a 1993 1991 n/a n/a n/a

n/a n/a $25 $25 n/a n/a

$16.91 $20.52 $18.01 $16.67 $20.85 n/a

201,505

9,305 210,810

11

193

1986

n/a

n/a

$18.81

•

97,840

5,624 103,464

10

109

1987

n/a

n/a

$18.57

•

66,480

n/a 66,480

14

65

1991

n/a

n/a

n/a

260,000

4,836 269,000

16

217

2015

n/a

n/a

$17

65 52 150

1973 1993 1985 1987 2002 1925 1915 1982

2007 n/a 2007 n/a n/a 1989 1991 1999

n/a $20.50 $22 n/a n/a $26 n/a n/a

$19.56 $14 $13.24 $9 $11.31 $18.16 $15.50 $18.76

2017 n/a 2017 n/a

n/a n/a n/a n/a

n/a $15 $28.50 n/a

$10.25 $6.75 $12 $9.75

1992 2009 1973 2015 1990

n/a n/a 1988 n/a 1996

n/a n/a n/a $26 $22

$15.13 $21.75 $15.35 $16 $11

7

• •

•

•

98,785 36,000 128,912 32,000 289,500 39,674 60,333 190,000

2,361 n/a n/a 28,000 n/a n/a 20,812 n/a

101,146 36,000 128,912 60,000 n/a 55,964 81,143 190,000

9 12 14 7 3 5 5 25

27,206 28,249 46,800 22,300

n/a n/a n/a n/a

27,206 28,249 54,000 22,300

5 2 6 3

49,202 97,264 44,708 60,358 114,000

n/a 4,464 n/a n/a 4,198

49,202 101,728 44,708 60,358 133,000

6 5 4 3 8

113,941

n/a 113,941

4

2008

n/a

n/a

$15.27

•

147,118

n/a 147,118

5

2001

n/a

n/a

$15.04

•

113,932

n/a 113,932

4

2001

n/a

n/a

$15.77

•

75,689 20,000 51,757

n/a 75,689 n/a 21,999 12,708 64,465

3 3 5

2015 1974 1985

n/a n/a 2001

n/a $17 n/a

n/a $12.50 $15.52

54,544 83,492 132,000 28,800

n/a 54,544 8,333 n/a n/a 132,000 n/a 40,000

4 7 12 9

1979 2014 1980 1979

2004 n/a n/a n/a

$16 $34 $23 n/a

$16.19 $18 $16.09 $17.80

•

122,880

13,761 136,641

14

144

1960

1997

$25

$19.22

•

53,000 85,100 20,500 42,412 82,000 50,862

n/a 19,832 5,202 8,129 8,000 6,336

75,000 100,857 25,702 50,541 90,000 62,297

12 19 7 10 9 9

156 96 167 150

1988 1974 1971 1982 2012 1972

n/a n/a n/a 1999 n/a 1993

$26 $25 $17 n/a $33 n/a

$18.75 $21.17 $18.83 n/a $14.50 $18.56

46,659

10,401 57,060

6

134

1989

2008

$25

$17.50

1995 1981 1988 1986

n/a n/a 2009 n/a

n/a $20 $29 $18

$24.66 $13.47 $16.30 $18.70

270 67 66 235

VANCOUVER BROADWAY — SURROUNDING AREA 11 4th Ave E/Q4 Block 62 4th Ave W 22 5th Ave E/The Lightworks Bldg 106112 6th Ave E/The Alpha Bldg

L–Cushman & Wakefield Ltd/Matthew MacLean/Chris Newton 604-640-5855 L–Cushman & Wakefield Ltd/Matthew MacLean/Chris Newton 604-640-5855 L–Cushman & Wakefield Ltd/Matthew MacLean/Chris Newton 604-640-5855 M–Alpha Equities 604-279-0344/ L–Cushman & Wakefield Ltd/Matthew MacLean/Chris Newton 604-640-5855 555 8th Ave W/Echelon Centre I M–Cressey Development Corp 604-683-1256/L–Colliers/Dan Jordan 604-692-1472 505525 Broadway W/Cross Roads Complex M–Triovest Realty Advisors/L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504 1770 Burrard St L–Cushman & Wakefield/Hayden Elliott 604-640-5831 1933 Fraser St/The Centre for Digital Media M–Great Northern Way Trust/L–CBRE Ltd/Blair Quinn/Kevin Nelson 604-662-3000 333 Terminal Ave M–333/369 Terminal Holdings/Irwin Lee 604-899-2788/ L–Lee & Associates/Howard Malchy 604-895-2226 2925 Virtual Way/ M–Bentall Kennedy/Ashley MacDougall 604-638-1266/L–Bentall Kennedy/Jeff Rank 604-661-5090 Broadway Tech Centre - Bldg I 2955 Virtual Way/ M–Bentall Kennedy/Ashley MacDougall 604-638-1266/L–Bentall Kennedy/Jeff Rank 604-661-5090 Broadway Tech Centre - Bldg 2 2985 Virtual Way/ M–Bentall Kennedy 604-638-1266/L–Bentall Kennedy/Jeff Rank 604-661-5090 Broadway Tech Centre - Bldg 3

70

220 500 80 151

•

VANCOUVER BROADWAY CORRIDOR 380 5th Ave W/Fifth by Cressey 1682 7th Ave W 1770 7th Ave W

L–JLL/Ronan Pigott/Mark Chambers 604-998-6004 L–Cushman & Wakefield Ltd/Matthew MacLean/Chris Newton 604-640-5855 M–Hunter McLeod Realty Corp 604-878-8866/ L–Avison Young/Justin Omichinski/James Lewis 604-604-646-8387 1401 8th Ave W/Malvern Bldg M/L–Wicklow West/Ross Petaske 604-689-5050 550 Broadway W/Neelu Bachra Centre M–Orca West Developments 604-709-3355/L–CBRE Ltd/Tara Finnegan/Mario Negris 604-662-5159 601 Broadway W/Broadway Plaza M–Broadway Plaza Management 604-872-4551/L–CBRE Ltd/Brad Haw 604-662-5132 686 Broadway W M–Austeville Properties/Scott Reid 604-216-5517/ L–Avison Young/Brian Pearson/Justin Omichinski 604-647-5078 750 Broadway W/Fairmont Medical Bldg M–Peterson Commercial/Stefanie Weng 604-689-0603/ L–Peterson Commercial/Dave Kristen/Ivy Yung 604-699-2285 777 Broadway W M–777 West Broadway Holdings/L–CBRE Ltd/Geoff Donelly 604-662-5130 805 Broadway W/805 Broadway Centre M–SDM Realty Advisors 604-688-5658/L–SDM Realty Advisors/Karen Geung 778-383-6280 812 Broadway W/Willow Medical Bldg M/L–Prospero Int’l/Jeff Nightingale 604-669-7733 943 Broadway W/Broadway Medical Bldg 604-731-6632L–Colliers/Brian MacKenzie 604-661-0829 988 Broadway W/Broadway & Oak M–BlueSky Properties/L–Colliers/Marco DiPaolo 604-661-0838 999 Broadway W/BCAA Bldg M–TPMG Capital/Irene Leung 604-739-6188/ L–Property Management Group/Glenn Wood 604-742-3463 1001 Broadway W M–Rosebud Properties Ltd 604-738-4777/ L–Cushman & Wakefield/Matthew MacLean/Chris Newton 604-640-5855 1055 Broadway W/The Michaelangelo L–Dave Hall/RE/MAX Central 604-718-7309 1212 Broadway W/BC Heart Bldg M–Colliers/Daniel Mok 604-662-2687/L–Colliers/Derek May 604-661-0837 1367 Broadway W/The Broadway M–Boultbee Realty/Karen Clarke 604-661-7152/L–CBRE Ltd/Brad Haw 604-662-5132 1501 Broadway W/The Clock Tower M–Gammon International/Stanley Chiu 604-736-6761/L–CBRE Ltd/Brad Haw 604-662-5132

2016 Office Space_02.indd 56

61,521 40,845 45,169 23,988

n/a 7,187 n/a n/a

61,521 48,032 45,169 23,988

8 5 9 5

40 162 109 240

102 46

•

• •

2016-04-28 3:43 PM

1755 Broadway W 1788 Broadway W/Prospect Centre 1985 Broadway W/Wawanesa Bldg 2025 Broadway W 2184 Broadway W/Regent Medical Bldg 2590 Granville St/Chapman Bldg 2608 Granville St/South Granville Centre 2609 Granville St/Bank of Montreal Bldg

M–Northland Properties Ltd 604-735-6638/L–Colliers/Derek May 604-661-0837 M–Gammon/William Yuen 604-736-6761/L–Colliers/Dan Jordan/Devin Ringham 604-692-1472 M–Wawanesa 604-739-5401/L–CBRE Inc/Brad Haw 604-662-5132 M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272 M–TPMG Capital/Irene Leung 604-739-6188/L–TPMG Capital/Glenn Wood 604-742-3463 M–Turner Meakin/Brian Meakin 604-736-7020/L–CBRE Ltd/Brad Haw 604-662-5132 M–Macdonald Commercial/Nick Marini 604-736-5611/L–Macdonald Commercial/Eric Poon M–Peterson Commercial/Stefanie Weng 604-669-4996/ L–Peterson Commercial/Ivy Yung/David Kirsten 604-669-5209

33,081 21,398 58,204 45,500

6,828 42,237 n/a n/a 38,280 96,484 n/a 45,500

120,000

AT I

NG

RA TE

ER BO

M

A

OP

AV CO ER A ST GE

RE GE

AR YE

RA AV E

ST LA

NT AL

VA TE

170 142

ILT

ST AL

5 9 5 5

BU

NG

66,568 53,000 50,000 90,666

AR

KI

n/a n/a n/a 14,722

YE

PA R

66,568 40,000 50,000 72,757

RE

LS

NO

ET FE RE OR

EY

S

UA ST

RE

TO

TA L

SQ

QU LS TA I

E FIC

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 57

187

1970 1993 1985 1988

2003 2001 n/a n/a

$21 $23 $22 n/a

$13.96 $12.35 $16.65 n/a

5 3 5 5

64 22 196 50

1959 1920 1974 1970

2001 1971 2002 2005

n/a $20 $22 $22

$18.49 $16.66 $20.38 $17.74

27,500 132,000

12

172

1972

2004

$27.50

$15.87

25,158

n/a 25,158

4

1973

1991

$19

$19.49

•

27,500

n/a 27,500

10

1969

1992

$19

$18.91

•

233

1975 1992 1991 1994 1985 1983

n/a n/a n/a n/a n/a n/a

n/a $16 $16 $17 $16 n/a

n/a $7.17 $7.96 $6.41 $16.50 $16.09

• •

• •

WEST VANCOUVER 100 Park Royal South

M–Maple Leaf Property Management/Dali Janic 604-925-8215/L–Maple Leaf Property Management

NORTH VANCOUVER 125 13th St E/Northmount Medical Centre 2 M–Warrington PCI/Karin Fung 604-331-5236/ L–Cushman & Wakefield/Brad Newman-Bennett 604-640-5860 145 13th St E/Northmount Medical Centre 1 M–Warrington PCI/Karin Fung 604-331-5236/ L–Cushman & Wakefield/Brad Newman-Bennett 604-640-5860 145 17 St W/The Professional Centre L–Forman Pilkington/Ross Forman/Jeff Pilkington 604-980-3003 930 1st St W/Capilano Business Park II M–Bentall Kennedy 604-646-2880/L–Avison Young/Terry Thies/Ian Whitchelo 604-646-8398 980 1st St W/Capilano Business Park I M–Bentall Kennedy 604-646-2880/L–Bentall Kennedy/David Haugen 604-661-5679 949 3rd St W/Capilano Business Park III M–Bentall Kennedy 604-646-2880/L–Avison Young/Terry Thies/Ian Whitchelo 604-646-8398 145 Chadwick Crt/Chadwick Court M–Custom Realty Ltd 604-916-6345/L–Custom Realty Ltd/Jolene Foreman 221 Esplanade W M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272 267 Esplanade W/West Quay Centre M–Colliers/Bunny Wortman 604-661-0853/ L–Forman Pilkington/Ross Forman/Jeff Pilkington 604-980-3003 38 Fell Ave/Harbourside Centre M–GWL Realty Advisors/Peter Jenkins 604-713-8920/ L–Avison Young/Terry Thies/Ian Whitchelo 604-646-8398 828 Harbourside Dr/ L–CBRE Ltd/Lawson Chu 604-662-5116 Harbourside Business Park 850 Harbourside Dr/ M–Avison Young/L–Avison Young/Terry Thies/Ian Whitchelo 604-646-8398 Harbourside Corporate Ctr 889 Harbourside Dr/Harbourside M–Concert Realty Services/Karen Rahal 604-602-3732/L–Avison Young/Terry Thies 604-646-8398 Business Park - Waterfront Bldg 1 1111 Lonsdale Ave L–Avison Young/Terry Thies/Ian Whitchelo 604-646-8398 1133 Lonsdale Ave L–Avison Young/Terry Thies/Ian Whitchelo 604-646-8398 1200 Lonsdale Ave/Lonsdale Place M–Turner Meakin/Brian Meakin 604-736-7020/ L–Forman Pilkington/Ross Forman/Jeff Pilkington 604-980-3003 1308 Lonsdale Ave/CentreView M–Onni Group/Joel Rao/L–Onni Group/John Middleton 604-602-7711 1501 Lonsdale Ave/Central Block M–Austeville Properties/Scott Reid 604-216-5517/L–Forman Pilkington/Ross Forman 604-980-3003 1910 Lonsdale Ave/ M–Warrington PCI/Karin Fung 604-331-5236/L–Forman Pilkington/Ross Forman 604-980-3003 Lonsdale Medical & Dental Bldg 1200 Lynn Valley Rd/ M–SDM Realty Advisors/Dale Mumford 778-383-6273/ Valley Professional Centre L–SDM Realty Advisors/Stephen Duyvewaardt 778-383-6272 2030 Marine Dr/Lions Gate Place M–Lock Investments/L–Forman Pilkington/Ross Forman/Jeff Pilkington 604-980-3003

27,400 86,618 84,059 121,197 30,375 157,410

n/a n/a n/a n/a 10,125 n/a

27,400 86,618 84,059 121,197 40,500 157,410

5 2 2 2 4 6

50,507

n/a 52,737

3

160

1986

n/a

$18

$12

•

38,400

n/a 38,400

4

77

2001

n/a

$20

$15.32

•

60,000

n/a 60,000

2

125

2001

n/a

$21.50

$7

45,000

n/a 45,000

4

2009

n/a

$26

$10.60

129 133 160

• • • •

74,670

n/a 74,670

3

160

2002

n/a

$24

$14.02

•

40,000 21,800 27,095

n/a 40,000 7,000 28,800 9,992 48,865

4 4 3

70

1997 2010 1980

n/a n/a 2002

$23.50 $23.50 $18

$15.15 $15.15 $18.04

•

78,800 20,500 37,914

91,000 n/a n/a 20,500 n/a 37,914

5 2 2

2017 1974 1955

n/a n/a n/a

n/a $16 $15

n/a $19.31 $15.85

• •

28,000

12,000 40,000

3

112

1988

2000

$17.50

$17.54

•

22,000

n/a 22,000

4

58

1989

n/a

$17

$10.25

161,611

9,125 170,400

7

2016

n/a

n/a

$14.87

128,000 120,000 302,000 222,000 n/a 222,000 68,555 n/a 68,555

6 14 2

1989 1975 1990

2002 2000 n/a

n/a $20 $15

$21.95 $12.85 $10.59

1965 1959 1970 1989 2002 1957 1980

n/a 1987 n/a n/a n/a 1999 n/a

$17 n/a $16 $22 $14 $25 $10

$18.29 $21 $8.97 $10.50 $9.21 $17.10 $11.52

2015

n/a

n/a

n/a

1912

n/a

n/a

$10.55

61

VANCOUVER 2889 12th Ave E/Renfrew Centre 555 12th Ave W/City Square 1200 73rd Ave W/Airport Square 1750 75 Ave W/Angus Corporate Centre Bldg B 5655 Cambie St/Oakridge Place 57405780 Cambie St/Oakridge Plaza 5550 Fraser St 211 Georgia St E/Golden Crown Centre 1868 Glen Dr/GX Bldg 3195 Granville St/Hycroft Centre 3680 Hastings St E/Pacific Professional Centre 450 Marine Dr SW/ Marine Gateway on Canada Line 23 Pender St W/Old BC Electrical Bldg 1628 Station St/Block Data Center 2215 Wesbrook Mall/ Centre for Brain Health 5687 Yew St

M–Blackwood Partners 780-413-9950/ L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882 M–City Square Property Holdings 604-876-5165/L–Colliers/Marco DiPaolo 604-661-0838 M–Colliers/Daniel Mok 604-662-2687/L–NAI Commercial/Rob DesBrisay/Irene Yung 604-691-6602 M–Angus Corporate Centre/Andrew Chang 604-261-8066/L–Angus Group M/L–Prospero Int’l/Jeff Nightingale 604-669-7733 M–Bentall Kennedy/Glen Cartier 604-661-5000/L–Bentall Kennedy/Tim Evans 604-233-1009 L–Macdonald Commercial/Eric Poon 604-714-4768 M–Paradigm Group 604-328-2524/L–Paradigm Group/Steven Fast L–Re/Max Davies Hall/Peter Hall 604-718-7300 M–Wesgroup Properties/L–JLL/Ronan Pigott/Brodie Cain 604-998-6004 M–Gulf Pacific/Ryan Russell 604-990-1500/L–Colliers/Derek May 604-661-0837

726 444

20,149 44,695 40,183 20,500 50,000 35,245 22,722

6,749 n/a n/a n/a n/a 500 6,000

26,898 44,695 40,183 45,000 50,000 36,500 28,649

3 3 3 6 2 3 3

240,186

n/a

n/a

19

96,251

5,236 101,487

6

105,872 100,000

n/a 105,872 n/a n/a

5 3

2015 2013

n/a n/a

n/a n/a

n/a $16.20

L–CBRE Ltd/Brad Haw 604-662-5132

20,000

n/a 20,000

3

1991

n/a

$22

$17.39

M–BC Ministry of Transportation/L–Re/Max Davies Hall/Peter Hall 604-718-7300 M–Narland Management 604-681-2747/L–Colliers/Rob Chasmar/Brian MacKenzie 604-661-0822 L–Re/Max Davies Hall/Chris Davies/Peter Hall 604-718-7300 L–RE/MAX Davies Hall/Peter Hall 604-718-7300

31,925 44,071 43,000 46,858

n/a n/a n/a 44,071 n/a 43,384 n/a n/a

3 2 2 2

1979 1999 1955 1996

n/a n/a 1984 n/a

$13.50 $13.50 $12.50 $15

$9 $13.21 $11.63 $6.81

M–Triovest 604-484-0901/L–Colliers/Rob Chasmar/John Freyvogel 604-681-1111 M–Anthem Properties/Sandy Schnorr 604-689-6040/ L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882 L–CBRE Ltd/Blair Quinn 604-662-5161 L–Cushman & Wakefield Ltd/Chris Newton/Matthew MacLean 604-640-5802

80 163

117

• •

•

•

•

BURNABY 7818 6th St/Executive Plaza East 8525 Baxter Pl/Production Court I 2250 Boundary Rd/CFIA Bldg 2323 Boundary Rd/ Boundary Business Centre

2016 Office Space_02.indd 57

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

9600 Cameron St/Lougheed Plaza 4259 Canada Way/Canada Way I

M–King Day Holdings/George Ng 604-738-8819/L–Colliers/Brian MacKenzie 604-661-0829 M–Dream Office Management Corp/Angie Manville 604-586-5105/ L–Cushman & Wakefield/Roger Leggatt 604-640-5882 4299 Canada Way/Canada Way II M–Dream Office REIT/Angie Manville 604-586-5105/ L–Cushman & Wakefield/Roger Leggatt 604-640-5882 4585 Canada Way/ M–GWL Realty Advisors/Blair Stewart 604-713-8902/ Canada Way Business Park L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076 4595 Canada Way/ M–GWL Realty Advisors/Blair Stewart 604-713-8902/ Canada Way Business Park L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076 4601 Canada Way/ M–GWL Realty Advisors/Blair Stewart 604-713-8902/ Canada Way Business Park - Bldg A L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076 4611 Canada Way/ M–GWL Realty Advisors/Blair Stewart 604-713-8902/ Canada Way Business Park - Bldg B L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076 4621 Canada Way/ M–GWL Realty Advisors/Blair Stewart 604-713-8902/ Canada Way Business Park - Bldg C L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076 4940 Canada Way/Deer Lake Centre II M–Colliers 604-681-4111/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882 4946 Canada Way/Deer Lake Centre I M–Colliers 604-681-4111/L–Cushman & Wakefield/Roger Leggatt 604-640-5882 4370 Dominion St/Central Place M–Dream Office REIT/Angie Manville 604-586-5105/L–Colliers/Rob Chasmar 604-661-0822 4400 Dominion St M–Dream Office REIT/Angie Manville 604-586-5105/L–Colliers/Rob Chasmar 604-661-0822 7350 Edmonds St/Kings Crossing L–CBRE Ltd/Luke Gibson 604-662-5142 3480 Gilmore Way/Discovery Place Bldg 8 M–Bentall Kennedy/Joanne Montgomery 604-661-5624/L–Bentall Kennedy/Jeff Lim 604-661-5619 3500 Gilmore Way M–Redstone Group 604-_596-_5622/L–Avison Young/Nicolas Bilodeau/Josh Sookero 604-647-1336 3555 Gilmore Way/ M–SDM Realty Advisors/Dale Mumford 604-688-5658/L–CBRE Ltd/Zach Wittenberg 604-662-5158 Discovery Place - Phase III 3605 Gilmore Way/Discovery Place M–Bentall Kennedy/Joanne Montgomery 604-661-5624/L–Bentall Kennedy/Jeff Lim 604-661-5619 3650 Gilmore Way/Xenon M–Redstone Group 604-_596-_5622/L–Avison Young/Nicolas Bilodeau/Josh Sookero 604-647-5091 36003602 Gilmore Way/PMC Bldg M–Prime Mover Controls Inc/L–PMC Controls/JB Bjorknas 604-433-4644 9100 Glenlyon Pkwy M–Concert Realty Services/Caron Tauber 604-602-3748/L–Colliers/Rob Chasmar 604-661-0822 9200 Glenlyon Pkwy/Nokia Bldg M–Peterson Commercial/Stefanie Weng 604-699-5226/ L–Peterson Commercial/Ivy Yung 604-699-6209 4430 Halifax St/Halifax Bldg M–Bosa Development/Dean Reed 604-294-0666/L–JLL/Mark Trepp 604-998-6035 3999 Henning Dr L–Re/Max Davies Hall/Peter Hall/Braden Hall 604-718-7300 3665 Kingsway/Boundary Plaza M–Warrington PCI/Karin Fung 604-331-5236/ L–Cushman & Wakefield/Max Zessel/Kyle Wilson 604-640-5824 4211 Kingsway/Burnaby Centre M–Burnaby Centre Management 604-649-1674/ L–NAI Commercial/Rob DesBrisay/Jesse Godin 604-691-6602 4250 Kingsway/The Sonnet L–Cushman & Wakefield/Craig Haziza 604-640-5891 4538 Kingsway/Crystal Office Tower L–RE/MAX Central/Peter Hall/Braden Hall 604-718-7300 4710 Kingsway/Metrotower I M–Ivanhoe Cambridge/Natalie Bishop 604-630-3304/ L–Ivanhoe Cambridge/Matthew Schaeffers 604-328-5968 4720 Kingsway/Metrotower II M–Ivanhoe Cambridge/Natalie Bishop 604-630-3304/ L–Ivanhoe Cambridge/Matthew Schaeffers 778-328-5968 4789 Kingsway/Centrepoint L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091 5172 Kingsway/Burlington Square L–Colliers/Rob Chasmar/Brian MacKenzie 604-681-4111 4180 Lougheed Hwy/ M–Onni Group/Joel Rao 604-602-7711/ Lougheed Commerce Court I L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882 4190 Lougheed Hwy/ M–Onni Group/Jamie Fiander 604-602-7711/ L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882 Lougheed Commerce Court II 4445 Lougheed Hwy/Commerce@citi M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Brent Lee 4664 Lougheed Hwy M–Peterson Commercial/Stefanie Weng 604-699-5209/L–Peterson Commercial/Ivy Yung 3920 Norland Ave/Jack Munro Bldg M–Martello Property Services/Tony Akester 604-681-6544/ L–Colliers/Rob Chasmar/Brian MacKenzie 604-681-0829 4126 Norland Ave L–RE/MAX Commercial Advantage/Adam Rabeda 604-899-9293 4300 North Fraser Way/ M–Canada Lands Corp 604-824-5065/L–Avison Young/Kevin Kassautzki/Ben Lutes 604-646-8393 Glenlyon Corporate Centre 2700 Production Way/Production Court 3 M–Narland Management 604-681-2747/L–Colliers/Rob Chasmar 604-661-0822 3292 Production Way/Lake City Centre M–Colliers/Daniel Mok 604-662-2687/ L–Cushman & Wakefield Ltd/Alex Morris/Roger Leggatt/Max Zessel 604-640-5806 6400 Roberts St/Sperling Plaza I M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Meghan Kennedy 6450 Roberts St/Sperling Plaza II M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Meghan Kennedy 1901 Rosser Ave/Madison Centre M–Bosa Development/Dean Reed 604-294-2742/ L–Bosa Development/Meghan Kennedy 604-294-0666 4170 Still Creek Dr/1502 Willingdon Park M–Triovest Realty Advisors/Dean de Sousa 604-294-3544/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504 4190 Still Creek Dr/1504 Willingdon Park M–Triovest Realty Advisors/Dean de Sousa 604-294-3544/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504 4260 Still Creek Dr/1503 Willingdon Park M–Triovest Realty Advisors/Dean de Sousa 604-294-3544/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504 4321 Still Creek Dr/1506 Willingdon Park M–Triovest Realty Advisors/Dean de Sousa 604-294-3544/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504 4350 Still Creek Dr/1508 Willingdon Park M–Triovest Realty Advisors/Dean de Sousa 604-294-3544/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504 4370 Still Creek Dr/1509 Willingdon Park M–Triovest Realty Advisors/Dean de Sousa 604-294-3544/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504 4401 Still Creek Dr/1505 Willingdon Park M–Triovest Realty Advisors/Dean de Sousa 604-294-3544/ L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

2016 Office Space_02.indd 58

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QU LS TA I

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

35,739 60,072

32,289 68,028 n/a 60,072

3 2

150 196

1981 1973

n/a 1998

$14 n/a

$10.79 $14.08

•

30,499

28,928 59,427

2

175

1972

1999

n/a

$14.08

•

50,022

n/a 50,022

4

94

1982

1996

n/a

$13.70

•

50,022

n/a 50,022

4

94

1982

1996

n/a

$13.57

•

87,231

n/a 87,231

5

345

2000

n/a

n/a

$14.82

•

70,432

n/a 70,432

4

298

2001

n/a

n/a

$15.18

•

74,480

n/a 74,480

4

279

2000

n/a

n/a

$14.54

•

n/a n/a 1999 2006 n/a n/a n/a n/a

n/a n/a $15 n/a $25 n/a n/a $25

$12.53 $12.99 $13.96 $16.39 n/a $13.49 $14.50 $12.82

• • • •

97,204 88,572 58,542 69,167 63,372 48,758 56,201 80,797

n/a n/a 6,118 23,833 n/a n/a n/a n/a

107,880 88,572 64,660 93,000 n/a 48,758 56,201 80,797

5 5 6 5 6 3 3 3

144 154 331

1981 1981 1983 1977 2018 2002 1997 2015

44,868 52,538 52,260 61,833 97,000

n/a n/a n/a n/a n/a

44,868 52,538 52,260 62,833 97,000

3 3 2 2 3

138 122 150 312 310

2000 2001 1998 1998 2003

n/a n/a n/a n/a n/a

n/a n/a $27 $19 $22

$14.19 $14 n/a $13.34 $13.94

23,069 73,992 44,000

n/a 23,069 n/a 73,992 n/a 57,000

2 4 3

78 234 100

1990 1998 1980

n/a n/a n/a

$25 $18 $14

$13.11 $11.15 $13.71

57,400

n/a 57,400

7

1985

2000

$20

$13.27

23,000 82,000 264,000

n/a 24,592 n/a 82,000 n/a 264,000

2 6 28

500

1998 2000 1989

n/a n/a n/a

$18 n/a n/a

$18.90 $14.25 $19.40

•

352,000

n/a 352,000

30

415

1991

n/a

n/a

$18.15

•

71,236 23,000 86,521

n/a 77,053 n/a 25,984 n/a 86,521

6 3 6

154 75 453

2007 1982 1984

n/a 1991 n/a

$26 $16.50 n/a

$12.50 $14 $13.27

•

69,973

n/a 69,973

5

453

1983

1996

n/a

$13.96

•

107,246 195,883 27,825

23,000 135,000 n/a 195,883 n/a 27,825

12 3 3

300 348 60

2010 1975 1981

n/a 1999 2002

$28 $18 $12.50

$13.63 $11.72 $10.70

• • •

34,685 41,522

n/a 34,685 n/a 41,522

3 2

88 115

1991 2008

n/a n/a

$15 $18

$12.84 $5.10

117,031 108,966

n/a 134,171 7,225 113,146

6 6

296 200

1999 2008

n/a n/a

$19 $25

$11.20 $13.53

64,759 65,129 61,106

n/a 64,759 n/a 65,129 n/a 61,106

4 4 8

321 321

1975 1975 2001

2012 2012 n/a

n/a n/a $22

$14.29 $14.29 $13.15

• • •

80,074

n/a 80,074

4

150

1991

2014

n/a

$17.29

•

133,051

n/a 133,051

4

412

1999

n/a

n/a

$17.86

•

148,172

n/a 148,172

5

529

1992

n/a

n/a

$15.68

•

216,613

n/a 216,613

6

684

2001

n/a

n/a

$14.81

•

91,574

n/a 91,574

4

333

2010

n/a

n/a

$15.55

•

152,230

n/a 152,230

4

247

2010

n/a

n/a

$15.45

•

70,600

n/a 70,600

3

223

1999

n/a

n/a

$18.12

•

167 225

• • •

• • • •

2016-04-28 3:43 PM

3001 Wayburne Dr/ Canada Way Business Park 4475 Wayburne Dr/Technology Place@BCIT 1899 Willingdon Ave/1899 Willingdon Bldg 2025 Willingdon Ave/The SOLO District 6222 Willingdon Ave/Modello

AT I

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BU

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PA R

AR

KI

RE

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NO

ET FE RE ST

OR

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S

UA SQ

TO

TA I RE

FIC

M–GWL Realty Advisors/Blair Stewart 604-713-8902/ L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076 M–Discovery Parks 604-734-7275/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882 M/L–Prospero Int’l/Rick Halliday 604-669-7733 M–Appia Group of Companies 604-294-2742/L–JLL/Mark Trepp 604-998-6035 L–Cushman & Wakefield Ltd/Sean Ungemach/Roger Leggatt 604-640-5823

TA L

LS

SQ E

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

OF

Address/Building name

QU

UA

AR

RE

E

FE

FE

ET

ET

D

| 59

96,276

n/a 96,276

2

340

1996

n/a

n/a

$14.88

•

31,057 25,000 227,559 45,149

n/a 31,057 10,000 28,429 n/a n/a 8,243 n/a

3 2 12 4

50 77

2000 1972 2015 2016

n/a 1992 n/a n/a

$19 $20 n/a $25

$14.14 $12.06 $13.50 $14

24,000

15,000 39,000

7

2013

n/a

$23

$12

50,000 25,000

n/a 50,000 9,802 n/a

4 30

1997 n/a

n/a n/a

n/a $22

$11.55 $13

59,993 103,929 163,844

7

573

1981

2003

n/a

$18.98

58,205 79,722

n/a 58,205 n/a 85,042

8 5

119 100

1966 1981

1997 1991

n/a n/a

$10.67 $12.79

•

137,330 236,000

n/a 137,330 29,000 265,000

14 8

2014 2012

n/a n/a

$28 n/a

$13.50 $14.75

•

1988 1980 2014 2000 2008 1962 1978 2001 1992

n/a n/a n/a 2014 n/a n/a 2012 n/a n/a

n/a n/a n/a $22 n/a n/a n/a n/a $16

$17.54 $12.12 n/a $14.99 n/a $17.41 n/a n/a $11.64

COQUITLAM 2950 Glen Dr/The Oasis 2963 Glen Dr/Westwood Corporate Centre 1190 Pinetree Way/ Evergreen@Westwood Village

M–Onni Property Management/Jamie Fiander 604-602-7711/ L–Cushman & Wakefield/Craig Ballantyne 604-683-3111 L–JLL/Andrew Laurie/Mark Chambers 604-998-6008 L–Bosa Properties/Darrell Hurst 604-412-0464

•

PORT COQUITLAM 2755 Lougheed Hwy/Poco Place

M–Narland Management/Elissa Dabiri 604-681-2747/ L–Cushman & Wakefield/Craig Ballantyne 604-608-5928

NEW WESTMINSTER 625 5th Ave/Westminster Professional Bldg M–BlueSky Properties/L–Cushman & Wakefield/Max Zessel 604-640-5824 625 Agnes St/Queen’s Court M–Dream Office REIT/Kirby Leong 604-586-5101/ L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091 11 Eighth St/Anvil Centre Office Tower L–Cushman & Wakefield Ltd/Roger Leggatt/Max Zessel 604-640-5882 287 Nelson’s Crt/The Brewery M–Wesgroup Properties/Rob Eyers 604-633-2898/L–Avison Young/Matt Walker 604-647-5074 District Bldg 1 - Translink 960 Quayside Dr/First Capital Place M–Dream Office REIT/Krista Wowryk 604-586-5102/L–Colliers/Rob Chasmar 604-661-0822 620 Royal Ave/Royal Avenue Centre L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091 500 Sixth Ave/Queen’s Park West M/L–UPG Uptown Property Group/Wayne Beattie 604-525-8866 628 Sixth Ave/Royal Bank Bldg M–Value Property Group 604-606-7000/L–CBRE Ltd/Luke Gibson 604-662-5142 505 Sixth St/Westminster Centre South M/L–UPG Uptown Property Group/Wayne Beattie 604-525-8866 550 Sixth St/Sixth and Sixth Bldg M–Bentall Kennedy 604-661-5679/L–NAI Commercial/Don Ellis 604-691-6668 555 Sixth St/Westminster Centre M/L–UPG Uptown Property Group/Wayne Beattie 604-525-8866 601 Sixth St/Uptown Centre M/L–UPG Uptown Property Group/Wayne Beattie 604-525-8866 610 Sixth St/Royal City Centre M–Strathallen Property Mgmt 604-526-8064/L–Colliers/Rob Chasmar 604-661-0822

48,094 16,998 48,000 n/a 20,000 7,000 68,876 13,929 41,600 12,000 23,137 n/a 34,600 82,000 30,000 10,000 155,000 192,000

65,092 48,000 27,000 n/a 54,000 23,137 118,600 40,000 347,000

4 3 4 6 4 3 4 4 2

130 65 48 140 162 40 354 79

• • • • • •

Vibrant. Urban. Uptown.

First class office environments.

Central Lower Mainland location.

Office Space For Lease 869 sq.ft.

Prime Retail Space 1,200-3,600 sq.ft.

LEASING INFORMATION T 604 525 8866 E leasing@uptownpropertygroup.com

Fully Leased

New Office Space 2,438 sq.ft.

www.uptownpropertygroup.com

2016 Office Space_02.indd 59

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OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

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ET

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Office building directory

RICHMOND 8171 Ackroyd Rd/Richport Town Centre 7671 Alderbridge Way 13351 Commerce Pkwy/ Commerce Court International Phase I 13353 Commerce Pkwy/ Commerce Court International Phase II 13551 Commerce Pkwy/ Crestwood Corporate Centre 4 13571 Commerce Pkwy/ Crestwood Corporate Centre 5 13575 Commerce Pkwy/ Crestwood Corporate Centre 6 13775 Commerce Pkwy/ Crestwood Corporate Centre 7 13777 Commerce Pkwy/ Crestwood Corporate Centre 8 5811 Cooney Rd/Pacific Business Centre 11331 Coppersmith Way/ Riverside Professional Centre 11920 Forge Pl/Forge 6651 Fraserwood Pl/ Fraserwood Corporate Centre 11120 Horseshoe Way/Riverside Place 13700 International Pl/ Crestwood Corporate Centre 2 13711 International Pl/ Crestwood Corporate Centre 10 4600 Jacombs Rd/Delf Place 3600 Lysander Lane

M–Warrington PCI 604-331-5242/L–Adam Spear/Warrington PCI M–RCG Group 604-273-5732/L–JLL/Mark Chambers 604-998-6005 M/L–Compass Point/Mark Morrison 604-214-8645

36,402 74,134 67,150

75,529 119,931 n/a 74,134 n/a 71,657

6 3 3

350 158 196

1987 1975 1998

n/a n/a n/a

$19 n/a n/a

$18.32 $6.50 $11.92

M/L–Compass Point/Mark Morrison 604-214-8645

69,286

n/a 69,286

3

230

1999

n/a

n/a

$11.97

M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 M–Concert Properties/Caron Tauber 604-602-3748/L–JLL/Mark Chambers 604-998-6005 M–Porte Realty/Tracy Gu 604-732-7651/L–Cushman & Wakefield/Matthew MacLean 604-640-5855

55,788

n/a 55,788

2

112

1990

2006

$19

$11.97

•

78,125

n/a 78,125

2

232

1992

2004

$19

$11.38

•

77,566

n/a 77,566

2

233

1993

2004

$19

$11.47

•

79,438

n/a 79,438

3

239

1995

2006

$19

$12.54

•

80,755

n/a 80,755

3

244

1996

2007

$19

$11.44

•

99,360 32,485

n/a 104,227 n/a 44,008

6 3

251 152

1989 2002

1995 n/a

$18 $14.50

$14.22 $9.70

•

L–Colliers/Ewen Johnston/Andrew Lord 604-661-0804 M–Kennington Properties/Doug Cann 604-731-9149/L–Taurus Commercial/Cliff Raps 604-531-1685

24,023 90,419

n/a 24,023 n/a 90,419

n/a 2

100 286

2001 1997

n/a n/a

$18 $11.50

n/a $7.52

M–Fraser Park Realty 604-568-7014/L–JLL/Mark Chambers 604-998-6005 M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 M–GWL Realty Advisors/Robert Kozlowski 604-586-1404/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920 M–GWL Realty Advisors/Tarek Shoukry 604-713-3162/L–JLL/Mark Chambers 604-998-6005 M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–Cushman & Wakefield Ltd/Matthew MacLean/Alexander Cairns 604-640-5855 M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009 M–Bentall Kennedy/Doug Astbury 604-233-1069/L–Bentall Kennedy/Tim Evans 604-233-1009

55,370 81,713

n/a 58,418 n/a 81,713

3 3

118 221

1994 1998

n/a n/a

$12.95 $19

$6.48 $10.93

•

81,836

n/a 81,836

3

2000

n/a

$19

$11.86

•

75,966 150,000

n/a 75,966 n/a 150,000

2 5

228 460

2001 1989

n/a 2007

n/a $18

$10.65 $13.79

• •

24,613 96,816

n/a 24,613 n/a 96,816

1 3

83 315

1973 1998

1989 n/a

n/a n/a

$12.41 $11.02

• •

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

1992

n/a

$11.15

•

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

$12.11

•

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

$11.45

•

M/L–Alpha Equities 604-279-0344

26,062

n/a 26,062

2

85

1992

n/a

n/a

$11.25

M–Alpha Equities/Ian Moodie 604-279-0344/L–Alpha Equities

35,703

n/a 44,302

2

1993

n/a

$16.50

$8.75

M/L–Alpha Equities 604-279-0344

37,007

n/a 37,007

2

1989

2003

$19.50

$7.25

M–BUK Investments 604-408-3002/L–Cushman & Wakefield/Matthew MacLean 604-640-5855

29,884

n/a 49,703

2

1991

n/a

n/a

n/a

•

M–BUK Investments 604-408-3002/L–Cushman & Wakefield/Matthew MacLean 604-640-5855

20,624

n/a 47,475

2

1996

n/a

n/a

n/a

•

M–BUK Investments 604-408-3002/L–Cushman & Wakefield/Matthew MacLean 604-640-5855

24,315

n/a 44,302

2

1990

n/a

n/a

n/a

•

4611 Viking Way/ International Business Park - Bldg C

M–BUK Investments 604-408-3002/ L–Cushman & Wakefield/Matthew MacLean/Jordan Sengara 604-640-5855

41,108

n/a 99,860

2

1991

n/a

n/a

n/a

•

30113031 Viking Way/ Knightsbridge Business Park

M–Concert Properties/Grant Knowles 604-602-3701/L–JLL/Mark Chambers 604-998-6005

38,446

n/a 38,562

2

1974

2004

$9.50

$11.55

•

3851 Shell Rd/Airport Executive Park D 10271 Shellbridge Way/ Airport Executive Park 10 10451 Shellbridge Way/ Airport Executive Park 1 10691 Shellbridge Way/ Airport Executive Park 4 10991 Shellbridge Way/ Airport Executive Park 7 13071 Vanier Pl/ Richmond Corporate Centre 5 13111 Vanier Pl/ Richmond Corporate Centre 4 13120 Vanier Pl/ Richmond Corporate Centre 2 4011 Viking Way/ International Business Park - Bldg B 4311 Viking Way/ International Business Park - Bldg A 4320 Viking Way/ International Business Park - Bldg E

108

•

6011 Westminster Hwy/Brighouse West

M/L–Bentall Kennedy/David Haugen 604-661-5679

30,046

n/a 30,046

2

1981

n/a

n/a

$8.95

•

6551 Westminster Hwy/ Brighouse West Business Park

M–Bentall Kennedy/Jose Gomez 604-638-1269/L–Bentall Kennedy/David Haugen 604-661-5679

30,492

n/a 30,492

2

1979

n/a

n/a

$7.95

•

6751 Westminster Hwy/ Brighouse West Business Park

M–Bentall Kennedy/Jose Gomez 604-638-1269/L–Bentall Kennedy/David Haugen 604-661-5679

49,978

n/a 49,978

2

1979

n/a

n/a

n/a

•

7031 Westminster Hwy/ Richmond Professional Bldg

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

29,000

3,000 32,000

3

1978

1995

$17

$15.50

100

SURREY 15127 100 Ave/Guildford Landmark

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

45,000

n/a 45,000

4

305

1991

n/a

n/a

$12.64

15117 101 Ave

M–Bosa Development/Dean Reed 604-294-0666/L–Bosa Development/Meghan Kennedy

53,818

n/a 53,818

4

119

1985

1998

$18

$13.50

13450 102 Ave/Central City

M–Blackwood Partners/John Hayes 604-588-6599/ L–JLL/Andrew Laurie/Mark Chambers 604-998-6008

650,000

25,000 862,640

25 3,430

2003

n/a

$30

$14.56

15258 102A Ave/Advantage Guildford

L–RE/MAX Commercial Advantage/Ryan Schwartz/Gordon MacPherson 604-510-5555

48,381

n/a 59,877

4

2015

n/a

$24

n/a

14178 104 Ave/104th Avenue Centre

M–Emerson Real Estate Group 604-688-2776/L–Emerson Real Estate/Ron Emerson

259,474

n/a 259,474

4

674

2005

n/a

n/a

$10

15225 104 Ave/Guildford Office Park

M–Colliers/Paula Marucci 604-681-4111/L–Colliers/Jason Teahen/Devin Ringham 604-661-0847

13401 108 Ave/Station Tower

M–Dream Office REIT/Krista Wowryk 604-586-5102/ L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091

13479 108th Ave/Gateway Place 8338 120 St/A&A Plaza

2016 Office Space_02.indd 60

•

48,856

n/a 48,856

4

120

1978

1999

$15

$13.08

•

208,290

13,145 221,435

18

437

1994

n/a

n/a

$15.96

•

M–Bosa Properties/L–Avison Young/Matthew Craig/Josh Sookero 604-647-5076

60,000

38,500 98,500

L–Colliers/Mike Grewal 604-694-7200

20,575

n/a

n/a

4

2016

n/a

n/a

$14

2

1996

n/a

$15

$5

2016-04-28 3:43 PM

8820 120 St/Mann Office

L–Colliers/Jason Teahen/Devin Ringham 604-661-0847

AT I

NG

RA TE

ER

20,900

n/a 20,900

3

49

2015

n/a

$18

$9

7485 130 St/Surrey Central Business Park V M–Redstone Group 604-596-5622/L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091

65,673

n/a 65,673

3

365

2001

n/a

n/a

$11

7445 132 St/Surrey Central Business Park IV M–Redstone Group 604-596-5622/L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091

72,500

n/a 72,500

2

2001

n/a

n/a

$9.50

7455 132 St/Surrey Central Business Park I

M–Redstone Group 604-596-5622/L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091

55,000

n/a 55,000

2 1,200

1993

n/a

n/a

$10.32

7495 132 St/Surrey Central Business Park II M–Redstone Group 604-596-5622/L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091

72,000

n/a 72,000

2

1994

n/a

n/a

$9.50

7565 132 St/Surrey Central Business Park III M–Redstone Group 604-596-5622/L–Avison Young/Josh Sookero/Nicolas Bilodeau 604-647-5091

82,000

n/a 82,000

2

1996

n/a

n/a

$9.50

7327 137 St/Centre of Newton Phase II

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

39,990

5,093 45,083

4

2013

n/a

n/a

$12.71

7337 137 St/Newton Landmark II

M–Hilton Industrial Design 604-592-2280/L–Taurus Commercial/Cliff Raps 604-531-1685

48,880

n/a 48,880

4

90

1996

n/a

$15

$9.65

1688 152 St/Ocean Pointe

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

56,000

22,000 78,000

4

189

2001

n/a

$15

$11.88

255 140

5446 152 St/Panorama Business Centre

L–RE/MAX Commercial Advantage/Chris Walters 604-510-5555

28,930

n/a 28,930

3

2012

n/a

$20

$8.50

5455 152 St/Benchmark Business Centre I

M–Benchmark Properties/Karen Breedveld 604-533-1138/L–Benchmark Properties/Brenda McAvoy

112,500

n/a 112,500

3

400

2008

n/a

$16.50

$9.60

5477 152 St/Benchmark Business Centre II

M–Benchmark Properties/Karen Breedveld 604-533-1138/L–Benchmark Properties/Brenda McAvoy

112,500

n/a 112,500

3

340

2010

n/a

$16.50

$9.17

5620 152 St/Rodeo Square

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

22,000

n/a 22,000

3

2008

n/a

n/a

$13.87

1990

n/a

$20

$13.85

1997

n/a

n/a

$13.91

2014

n/a

$18

n/a

$14

$12.67

10090 152 St/Impact Plaza

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

10470 152 St/Guildford Corporate Centre

M–GWLRealty Advisors/L–GWL Realty Advisors/Blair Stewart 604-713-8902

30,000

n/a 36,834

3

102,083

16,506 123,885

6

10183 152A St/Guildford Central

L–RE/MAX Commercial Advantage/Rachel McGladery 604-510-5555

21,000

n/a 21,000

3

10334 152A St/ Guildford Commerce Crt Bldg D

M–Colliers/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882

36,900

n/a 36,900

3

210

1980

1996

10189 153 St/GTC Professional Bldg

L–Colliers/Brian MacKenzie/Mike Grewal 604-661-0829

100,550

n/a 100,550

5

189

2014

n/a

n/a

n/a

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

$24

$9.50

56605668 192 St

L–Colliers/Jason Teahen/Brian MacKenzie 604-661-0847

30,795

n/a 30,795

2

1995

n/a

$13

$6.75

0 200 St/Gateway Professional Campus

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

24,000

n/a 24,000

3

n/a

n/a

$22

n/a

15303 31 Ave/Southpointe 99 Business Centre - Phase 1&2

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

111,000

n/a 111,000

4

2014

n/a

n/a

$8

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 70,000

3

2003

n/a

$19.50

$9.40 $8.25

336

250

14928 56th Ave

L–RE/MAX Commercial Advantage/Ryan Schwartz/Gordon MacPherson 604-510-5555

53,969

n/a 53,969

3

2008

n/a

$23

12992 76 Ave/Newton Commerce Centre

L–RE/MAX Commercial Advantage/Ryan Schwartz/Gordon MacPherson 604-510-5555

44,243

n/a

n/a

2

1998

2013

$12.50

$6

20159 88 Ave/Thunderbird Centre

M–Bentall Kennedy 604-661-5002/L–Bentall Kennedy/Andrei Satuha 604-661-5699

20,000 170,000 190,000

2

2006

n/a

$16

$14.17

13737 96 Ave/ City Centre Professional Bldg - Phase 1

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

2014

n/a

$35

$8.09

10252 City Pkway/Ranmore Centre 2626 Croydon Dr/ Grandview Business Centre

119,000

23,000 142,000

12

600

L–RE/MAX Commercial Advantage/Rachel McGladery 604-510-5555

28,000

n/a 28,000

3

1982

n/a

$14

$9.73

L–RE/MAX Commercial Advantage/Ryan Schwartz 604-541-7888

65,000

n/a 65,000

4

2011

n/a

$20.50

$8.50

7380 King George Blvd/Newton Village

M–Value Property Group 604-606-7016/ L–RE/MAX Commercial Advantage/Rachel McGladery 604-510-5555

20,000

40,000 60,000

3

1995

n/a

$18

$11.36

7404 King George Blvd/ King’s Cross Shopping Centre

M–GWL Realty Advisors/Jana Huot 604-713-6473/L–Colliers/Jason Teahen 604-661-0847

32,000 250,000 282,000

1

n/a

n/a

$18.50

$13.75

98089900 King George Blvd/ The Hub@King George Station

M–Triovest 604-642-4511/L–Colliers/Rob Chasmar 604-661-0822

160,000

25,000 195,650

10

2015

n/a

$30

$14

L–Macdonald Commercial/Vic Sandhar 604-590-2444 M/L–Taurus Commercial/Cliff Raps 778-388-2543

20,000 23,500

n/a 20,000 n/a 23,500

3 4

1975 1985

n/a n/a

n/a $14

n/a $9

8506 200 St/Gateway Professional Centre

M–Wesgroup Properties 604-633-2898/L–JLL/Andrew Laurie 604-998-6008

27,000

n/a 27,000

1

2009

n/a

n/a

$10.56

8700 200 St/ Langley 200 Business Ctr - Phase 1

M–Mitchell Group/Marg Mithrush/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-683-3111

33,335

7,000 40,335

3

2008

n/a

$25

$11.50

8621 201 St/ Langley 200 Business Ctr - Phase 3

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

95,283

n/a 95,283

6

2013

n/a

$25

$11.50

8661 201 St/ Langley 200 Business Ctr - Phase 2

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

68,000

n/a 68,000

4

2012

n/a

n/a

$11.50

9525 201 St/Golden Ears Business Centre

M–Benchmark Properties/Karen Breedveld 604-533-1138/ L–RE/MAX Commercial Advantage/Ryan Schwartz 604-510-5555

60,800

16,800 77,000

3

240

2012

n/a

$17.50

$9.86 $10.69

BO

M

A

OP

AV CO ER A ST GE

VA TE

NT AL

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AR

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YE ST LA

AV E

ILT

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PA R

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S

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

OF

Address/Building name

SQ

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| 61

• •

•

DELTA 8425 120th St/Delta Medical Arts Bldg 11861 88th Ave/Delta Professional Centre

LANGLEY

9440 202 St/Walnut Grove Commerce Centre M–Benchmark Properties/Karen Breedveld 604-533-1138/L–Benchmark Properties/Brenda McAvoy

124,307

n/a 124,307

3

400

1999

n/a

$22

20316 56 Ave/Langley Professional Bldg

L–NAI Commercial/Gary Niesner/Don MacDonald 604-514-6832

25,997

n/a 25,997

2

60

1977

n/a

$13

$7

20353 64 Ave/Langley Town Centre

M–Benchmark Properties/Karen Breedveld 604-533-1138/L–Benchmark Properties/Brenda McAvoy

53,177

n/a 53,177

2

200

1994

2013

$20

$8.48

20434 64th Ave/ Willowbrook Business Centre

M–Concert Realty Services Ltd/Shannon Gibbs 604-602-3720/ L–RE/MAX Commercial Advantage/Gord MacPherson 604-510-5555

52,805

n/a 100,000

2

325

2001

n/a

$16

$10

20644 Eastleigh Cres/ Eastleigh Professional Centre

L–NAI Commercial/Gary Niesner/Don MacDonald 604-514-6832

31,244

n/a 32,826

3

132

1979

1996

$11

$9.27

2062120641 Logan Ave/ Baytree Centre Bldg A&B

M–Lark Group/Larry Fisher 604-576-2935/ L–RE/MAX Commercial Advantage/Chris Walters 604-510-5555

30,000

23,000 53,000

2

1983

n/a

$15

$7

20780 Willoughby Town Centre Dr/ Willoughby Town Centre

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

22,281

n/a 150,000

3

2014

n/a

n/a

$14.23

M–Warrington PCI/Chris Kasianchuk 604-331-5264/ L–Cushman Wakefield/Craig Ballantyne 604-608-5928

90,000

n/a 90,000

6

500

2003

n/a

$16.76

$12.65

•

41,304 119,355

9,000 50,304 24,000 165,000

6 9

78

2008 2016

n/a n/a

$24 n/a

$13 $11

•

MAPLE RIDGE 22470 Dewdney Trunk Rd/ Maple Ridge Business Centre

PORT MOODY 130 Brew St/Suter Brook 220 Brew St/Suter Brook Village

2016 Office Space_02.indd 61

M–Onni Group/Joel Rao 604-602-7711/L–Cushman & Wakefield/Craig Ballantyne 604-608-5928 M–Onni Group/Jamie Fiander 604-602-7711/L–Cushman & Wakefield/Craig Ballantyne 604-683-3111

2016-04-28 3:43 PM

62 |

OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

INDUSTRIAL/OFFICE PARK DIRECTORY Vancouver

WEST VANCOUVER nad

aH wy

c-n

c/m

Burrard Inlet

Hasti

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c-l

SFU

Nanaimo

a/o a/p

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Granville

Dunbar

Cambie

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BURNABY

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i/m

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Strait of Georgia

Westminster Hwy

RICHMOND

S ou th Ar

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ALASKA

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DELTA NORTHWEST TERRITORIES

Fra

g/p

g/o

YUKON

g/l

Highway 91

e-k

iver er R

e/q

rH

wy

SURREY King George Highway

m

s Fra

88

Cape Horn Mayfair Pacific Reach

g/l g/o g/p g-k

88–90

Annacis Island Deas Slough River Road East Tilbury

Langley

Richmond Freeway

e/n

87–88

Beresford Big Bend Lake City Lougheed-Douglas Still Creek Willingdon-Canada Way Winston-Government

Delta H

e/o

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North A a/q rm Fra ser R iv

NEW WESTMINSTER

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Coquitlam

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Boundary Rd

49th Avenue

Hw

i-m

a/r

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a/s

Lou

i/s

41st Avenue

a/t

87

Clearbrook (off map)

Burnaby Hw y Barnet

a-k

VANCOUVER

87

Clark Drive False Creek Flats Fraserview Lougheed-Boundary Marine Drive Marpole Mt. Pleasant Cambie-Main Powell

Abbotsford

PORT MOODY

a-l

English Bay UBC

India n Ar m

Trans-C a

a/o a/p a/q a/r a/s a/t a-k a-l

NORTH VANCOUVER

New Westminster i=l i=m

d/q

90

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

91

Brunette New Westminster South

North Vancouver City c/m

North Vancouver District

Highway 10

c-l c-n

Pitt Meadows

Highway 99

91

Maple Meadows (off map) Pitt Meadows Airport (off map)

ALBERTA

91–92

Mary Hill Estates (off map) Meridian (off map)

BRITISH COLUMBIA

Port Moody VANCOUVER ISLAND VANCOUVER VICTORIA SEATTLE

b[n

WHITE ROCK

How to use the industrial listings 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/leasing 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 availability of features such as dock loads, store yards, warehouses, retail spaces and access to bridge and rail is also indicated.

92

St. John’s

Richmond

WASHINGTON

Boundary Bay

2016 Office Space_02.indd 62

91

Lynnmour Norgate

Port Coquitlam QUEEN CHARLOTTE

91

MacKay-Bewicke

Each property’s BOMA affiliation is indicated, if applicable.

It should be stressed that this directory is for those properties that lease – as opposed to selling – space or land. While every attempt has been made to make this list as complete and accurate as possible, accuracy cannot be guaranteed.

Prior to publication, survey forms were 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 following address or fax number:

Office Space c/o Business in Vancouver 303 5th Avenue West, Vancouver, BC V5Y 1J6 p: 604-688-2398 f: 604-688-6058

e/m e/n e/o e/p e/q e/t e-k e-p

92–94

Bridgeport-North Richmond Brighouse Crestwood East Richmond Fraserwood Mitchell Island Riverside Van Horne

Surrey

94

d/l

Bridgeview Campbell Heights (off map) Cloverdale (off map) d/q East Newton d/s Newton Port Kells (off map)

2016-04-28 3:43 PM

E YA IN R D LO ST AD O W AR RA GE EH LIG OU HT SE M HE A AV NU F Y O F M A AC T FIC NU UR IN E R E S P FA C G TU TA AC E RI IL NG RA SP A IL A CE BA CCE S RG S E B O AC C M A ESS

ES CR

AD

–A

DR

CK

IV

LO

ZE SI DO

K PA R

–SSIZE Q. RA F T NG . E

BA Y

M

TO

NU

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

BE R OF BU ILD TA IN AR L R GS E A EN –S TAB Q . LE FT .

| 63

•

•

VANCOUVER Clark Drive 3681 Victoria Dr/L–Avison Young; Kevin Kassautzki/Ryan Kerr 604-646-8393

1

36,920

1355 Parker St/L–Lee & Associates; Ryan Saunders/Mitch Ellis 604-630-3384

1

22,350

•

Parker St Complex/1121 William St/M–Beedie Group/L–CBRE Ltd; Darren Starek 604-662-3000

1

37,677

•

900 Parker St/L–CBRE Ltd; Blair Quinn/Darren Starek 604-662-5161

1

116,354

•

1445 Georgia St E/L–CBRE Ltd; Darren Starek/Ed Ferreira 604-662-3000

1

21,655

•

•

•

1249-1257 Pender St E/L–Lee & Associates; Mitch Ellis/Ryan Saunders 604-630-3383

1

22,000

•

•

•

1659-1663&1675-1685 Venables St/O–Kevington Building Corp/L–Cushman & Wakefield Ltd; Matthew MacLean 604-640-5855

4

19,495

0.48

•

•

Gescan Complex/3030-3040 Broadway E/O–2725312 Canada Inc/M–Bentall Kennedy/ L–Cushman & Wakefield; Noah Freedman 604-683-3111

3

145,971

7.59

2741 Skeena St/L–Lee & Associates; Tony Capolongo/Chris McIntyre 604-630-3378

1

32,670

0.75

2772 Natal St/L–CBRE Ltd; Darren Starek/Ed Ferreira 604-662-3000

1

20,900

•

•

Kootenay Business Park/1420 Kootenay St/L–Colliers; Todd Scarlett/Adam Mitchell 604-662-2639

1

43,323

•

•

•

•

Marine Dr Industrial Park 1/8310-8392 Prince Edward St/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard Investments; Faye Tam 604-602-6450

1

74,919

•

•

•

•

•

•

Main Industrial Centre/8417-8449, 8547-8559 Main St, 117-133 Kent Ave NE/O–Morguard Industrial Properties/ M–Morguard Investments/L–Morguard; Faye Tam 604-602-6450

3

119,876

3,000-9,465

6

•

•

•

•

•

Kent Corporate Centre/8765 Ash St/M–GWL Realty/L–GWL Realty Advisors; Blair Stewart 604-713-8902

5

130,380

3,300-6,480

6.30

•

•

•

Kent Corporate Centre Bldg 5/655 West Kent Ave N/L–GWL Realty Advisors; Blair Stewart 604-713-8902

5

130,380

6.30

•

•

•

34-54 69th Ave W/L–Value Property Group 604-606-7000

1

70,000

•

•

IntraUrban Business Park/8811 Laurel St/L–CBRE Ltd; Chris MacCauley/Jason Kiselbach 604-662-5190

3

170,000

8910-8934 Shaughnessy St/L–Lee & Associates; Ryan Saunders/Mitch Ellis 604-630-3383

3

66,000

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

1

152,535

Marine Dr Industrial Centre 3/455 East Kent Ave N/M–Morguard Investments Ltd/L–Morguard; Faye Tam 604-602-6450

1

151,050

•

•

•

•

•

•

•

•

• • •

•

•

•

•

Lougheed-Boundary •

•

•

•

•

•

•

•

•

• •

Marine Drive

Marine Dr Industrial Park 4/8385 St George St/M–Morguard Investments Ltd/L–Morguard; Faye Tam 604-602-6450

1

43,340

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

1

72,400

Kent Corporate Centre/625 West Kent Ave N/M–GWL Realty/L–Lee & Associates; Rand Thomson 604-630-3393

5

130,380

8385 Fraser St/L–CBRE Ltd; Bruce Hynds/Harry Ghag 604-662-3000

1

123,477

8330 Chester St/L–Cushman & Wakefield Ltd; Noah Freedman/Sean Ungemach 604-640-5858

1

Southbridge Business Park/310-366 East Kent Ave S/O–Wesgroup/M–Wesgroup Properties/ L–Colliers; Stefan Morissette/Matt Smith 604-681-4111 Heritage Centre/1562-1576-1586 Rand Ave/L–Lee & Associates; Don Mussenden/Ryan Saunders 604-630-3377

•

•

4.60

•

• 37,453

6

•

5

•

6,000

•

6.55

•

•

•

•

•

•

•

•

•

•

•

•

•

•

6.03 10,6141-23,282

•

•

•

•

28,050

•

•

1

150,624

•

3

133,000

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

1

46,000

1715 Cook St/L–Lee & Associates; Mitch Ellis/Ryan Saunders 604-630-3383

1

24,440

204 6th Ave W/L–CBRE Ltd; Darren Starek/Ed Ferreira 604-662-3000

1

27,630

601 Terminal Ave/L–Cushman & Wakefield Ltd; Ernie Corlett 604-640-5826

1

17,619

•

880 Malkin Ave/L–Avison Young; Struan Saddler/Kyle Blyth 604-647-5077

1

25,161

•

869 Powell St/L–Avison Young; John Lecky 604-647-5061

1

72,385

•

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

1

9,443

•

•

•

•

•

•

•

•

•

•

Marpole

5.07

•

•

•

•

•

•

Mt. Pleasant Cambie-Main • 0.28

•

•

•

•

•

•

•

•

•

•

•

•

•

Powell

•

•

•

•

•

•

•

•

•

•

•

•

•

•

ABBOTSFORD Clearbrook 2120 Paramount Cres/L–Cushman & Wakefield Ltd; Jot Mattu/Andrew Green 604-639-9352

1

44,238

2195&2199 Queen St/L–Avison Young; Michael Farrell 604-646-8388

2

132,965

7426 Hedley Ave/L–Cushman & Wakefield Ltd; Flavio Unti 604-640-5889

1

16,094

0.50

•

•

6879-6885 Russell Ave/L–Cushman & Wakefield; Flavio Unti 604-640-5889

1

17,570

0.34

•

•

6909-6919 Russell Ave/L–Cushman & Wakefield; Flavio Unti 604-640-5889

1

14,472

0.51

•

•

7105-7205 11th Ave/L–CBRE Ltd; Bruce Hynds/Joe Inkster 604-662-3000

5

320,467

7052 MacPherson Ave/L–Cushman & Wakefield Ltd; Rick Eastman 604-640-5863

1

25,272

5035 Beresford St/L–Avison Young; Russ Bougie/Kevin Kassautzki 604-757-5115

1

13,944

5,565-30,087

•

BURNABY Beresford

2016 Office Space_02.indd 63

52,024-320,467

48.24

•

•

0.46

•

•

•

•

•

•

•

• • •

•

•

•

•

•

2016-04-28 3:43 PM

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Industrial/office park directory

Big Bend Glenwood 1/5898 Trapp Ave/M–Triovest/L–Triovest; Jocelyne Legal 604-642-4504

1

61,499

•

•

Spire Corporate Centre/7635 North Fraser Way/L–Lee & Associates; Mitch Ellis/Ryan Saunders 604-630-3383

1

19,100

•

•

•

•

Marine Way Business Centre/3711-3771 North Fraser Way/M–BUK Investments Ltd/ L–BUK Investments Ltd; John McGrandle 604-408-3002

4

215,000

•

•

•

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

2

200,000

•

•

4500-4510 Beedie St/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

28,040

•

•

Eagle’s Landing Industrial Park/8988 Fraserton Crt/L–RE/MAX Davies Hall; Peter Hall/Braden Hall 604-630-3386

1

80,000

Marine Way Business Park/3888 North Fraser Way/L–Colliers; Brian MacKenzie 604-661-0829

1

100,000

Glenwood 3/5895 Trapp Ave/L–JLL; Lee Hester/Mike Thompson 604-998-6035

1

42,664

7450 Lowland Dr/L–Avison Young; Ryan Kerr/Kevin Kassautzki 604-647-5094

1

33,000

Crescent Business Centre/8218 North Fraser Way/M–Beedie Group/L–Colliers; Andrew Lord 604-662-6699

1

125,000

Burnaby Business Park/8105 North Fraser Way/L–Cushman & Wakefield; Ernie Corlett/Jordan Sengara 604-640-5826

1

47,849

3738 Keith St/L–Lee & Associates; Sebastian Espinosa/Ryan Barichello 604-630-3396

2

22,758

Glenwood 7/5555 Trapp Ave/M–Triovest/L–Colliers; Darren Cannon/Stuart Morrison/Greg Lane 604-692-1442

1

119,213

New Haven Business Park - Phase 2/8528 Glenlyon Pkwy/M–Amacon/ L–CBRE Ltd; Bruce Hynds/Joe Inkster/Jason Kiselbach 604-662-3000

3

206,941

Crescent Business Centre/8398 North Fraser Way/O–Beedie Development/L–CBRE Ltd; Joel Barnett/Steve Brooke 604-662-5570 1

123,000

•

2.44

13,520

•

•

•

•

• • •

•

•

•

•

•

•

•

•

•

•

•

2.07

•

•

•

•

•

•

•

13,697

•

•

•

6.40

20

•

•

•

•

• •

• •

•

10.39

•

•

16.50

•

•

2

•

•

•

•

•

•

• •

•

•

•

•

•

•

•

•

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

5

170,000

Eastlake Campus/8327-8337 Eastlake Dr/M–SunLife Financial/ L–Cushman & Wakefield Ltd; Rick Eastman/Max Zessel/Roger Leggatt 604-640-5863

6

310,000

3111-3163 Underhill Ave/L–Lee & Associates; Rand Thomson 604-630-3393

1

35,334

7950 Enterprise St/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-5134

1

49,984

2961-2971 Lake City Way/L–Lee & Associates; Steve Caldwell/Chris McIntyre 604-895-2224

2

33,603

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

3

160,000

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

1

29,750

2,000-100,000

•

•

9

•

•

•

•

•

•

•

•

•

• •

•

•

• •

•

• •

•

•

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

1

66,000

8411 Lougheed Hwy/L–Colliers; Graham Davidson/Ewen Johnston 604-681-4111

1

53,885

4084 McConnell Crt/L–Lee & Associates; Ryan Saunders 604-630-3384

1

70,650

8527 Eastlake Dr/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

10,632

4181 Dawson St/M–Century 21/L–RE/MAX Central; Peter Hall/Braden Hall 604-718-7300

1

13,467

•

•

•

•

•

Eastbrook Executive Park/2505-2575 Eastbrook Pkwy/L–Cushman & Wakefield; Flavio Unti/Greg Miles 604-683-3111

2

34,869

2.18

•

•

•

•

•

5025-5049 Still Creek Ave/M–Altow Realty Group/L–Lee & Associates; Chris McIntyre 604-630-3392

1

67,818

2.50

•

•

•

Bridge Business Park/3823 Henning Dr/L–RE/MAX Central; Peter Hall/Chris Davies 604-718-7300

1

72,896

•

•

•

5495 Regent St/L–Avison Young; John Lecky/Ryan Kerr 604-647-5061

1

56,100

4

•

•

•

•

• •

•

•

• •

•

•

•

•

•

•

•

•

•

•

•

•

Still Creek

•

• •

Winston-Government 7618-7680 Winston St/O–Taymor Investments/L–Lee & Associates; Rand Thomson 604-630-3393

5

43,392

•

•

•

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

1

45,458

•

•

•

•

•

•

273,722

•

•

•

•

•

12.58

•

•

•

•

8.16

•

•

•

•

•

•

•

•

•

Burnaby Lake Industrial Centre/Phillips Ave/Winston St/O–620803 BC Ltd/M–Bosa Development/ L–Avison Young; Josh Sookero/Nicolas Bilodeau 604-647-5091 Burnaby Lake Industrial Centre/7342 Winston St/M–Bosa Development Corp/ L–Avison Young; Josh Sookero/Nicolas Bilodeau 604-647-5091

1

115,053

4242 Phillips Ave/O–Concert Real Estate/M–Concert Realty Services/L–Colliers; Ewen Johnston 604-667-0804

1

149,224

4075 McConnell Dr/L–Colliers; Greg Lane/James Starke 604-692-1442

1

20,000

•

54,105

•

• • •

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

1

35,000

•

•

3676 Bainbridge Ave/M–Beedie Group/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

85,009

•

•

•

•

7588 Winston St/L–CBRE Ltd; Joe Inkster/Jason Kiselbach/Ed Ferreira 604-662-3000

1

66,431

•

•

•

•

8010 Winston St/L–Cushman & Wakefield Ltd; Bob Stokes/Sean Ungemach 604-640-5835

1

100,306

5.12

•

•

•

•

2

40,000

2

•

•

•

•

47,715

•

•

COQUITLAM Cape Horn Cape Horn Business Park/1221-2235 Hartley Ave & 51A Fawcett Rd/L–Colliers; Todd Scarlett/Adam Mitchell 604-662-2639 Mayfair 81 Golden Dr/O–Newcorp Properties Ltd/M–Onni Property Management/L–Avison Young; Kyle Blyth/Ben Lutes 604-646-8382

2

108,438

•

•

•

•

•

•

•

91 Golden Dr/O–Newcorp Properties Ltd/M–Onni Property Management/L–Avison Young; Kyle Blyth/Matt Thomas 604-647-5088 1

125,235

•

•

•

•

•

•

•

Mayfair Industrial Park/85 Glacier St/O–Pacific Star Properties/M–Pinnacle Int’l/ L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851

52,000

•

•

•

•

•

2016 Office Space_02.indd 64

1

2.07

•

•

•

2016-04-28 3:43 PM

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85 Schooner St/L–Avison Young; Russ Bougie/Kyle Blyth 604-757-5115

NU

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

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•

•

•

•

•

•

•

1

11,494

•

•

•

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

1

60,000

Riverfront Business Centre/16 Fawcett Rd/L–Lee & Associates; Sebastian Espinosa/Steve Caldwell 604-895-2224

1

20,000

8-10 King Edward St/O–Wesgroup Properties/M–Wesgroup Properties/L–Wesgroup Properties; Rob Eyers 604-633-2898

1

54,681

•

•

•

•

Schoolhouse Industrial Park/175 Schoolhouse St/O–Wesgroup Properties/M–Wesgroup Properties/ L–Wesgroup Properties; Rob Eyers 604-633-2898

1

57,051

•

•

•

•

224 Cayer St/L–Cushman & Wakefield; Flavio Unti 604-640-5889

2

44,565

•

•

•

•

211 Schoolhouse St/L–Lee & Associates; Steve Caldwell 604-895-2224

2

14,300

•

145 Schoolhouse St/L–NAI Commercial; Ken Kiers/Gary Niesner 604-514-6830

1

60,000

•

Ridley Corporate Centre/669 Ridley Pl/M–Amacon/L–JLL; Mike Thompson/Lee Hester 604-998-6038

1

144,392

6.23

•

•

Cliveden West Business Centre/1585-1595 Cliveden Ave/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

2

82,525

4.96

•

•

•

Kingswood Business Park/1087-1121 Cliveden Ave/L–Cushman & Wakefield Ltd; John Weiss/Ron Emerson 604-640-5865

140,679

7.64

•

•

•

Kingswood Business Park - Building B/700-736 Chester Rd/L–Cushman & Wakefield Ltd; John Weiss/Ron Emerson 604-640-5865

142,142

7.64

•

•

•

•

•

•

•

5

•

•

•

•

14.49

•

•

4

•

•

6

•

•

•

•

Pacific Reach 10,000-32,000

• • •

•

•

•

Schoolhouse • 4,000

2

• •

•

•

•

•

•

•

DELTA Annacis Island

460-464 Fraserview Pl /L–Colliers; Sean Bagan/Stefan Morissette 604-661-0821

2

30,732

Annacis Business Park/1600-1610 Derwent Way/M–RCG Group/L–JLL; Casey Bell 604-998-6014

2

117,000

730 Eaton Way/L–Colliers; Andrew Lord/Sean Bagan 604-662-2699

1

23,300

1010 Derwent Way/L–Cushman & Wakefield; Sean Ungemach/Bob Stokes 604-640-5835

1

110,000

Cliveden Place 1/819 Cliveden Pl/O–Sun Life Financial/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans 604-233-1009

1

73,000

Cliveden Centre 6/725 Eaton Way/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans 604-233-1009

2

105,269

•

•

• •

•

• • •

•

•

•

•

13,000-26,000

•

•

•

•

•

•

•

•

•

• •

•

•

•

•

•

600 500 400 300 200 100 0

There are certain things that just make Vancouver, Vancouver. Landmarks, nature, traditions. And of course, Business in Vancouver. In fact, from our perspective, so intertwined are we within the city dynamic, the two are essentially equal parts of the whole. It’s easy, really: Business + Vancouver = Business in Vancouver.

We are business in Vancouver.

2016 Office Space_02.indd 65

Providing office space in some of Vancouver’s finest heritage buildings.

604-683-7571

biv.com

2016-04-28 3:43 PM

66 |

OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

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Industrial/office park directory

Cliveden Centre 1/1278 Cliveden Ave/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans 604-233-1009

1

126,611

8

•

•

•

•

•

800 Carleton Crt/O–Great West Life/M–GWL Realty Advisors/L–CBRE Ltd; Blair Quinn/Jason Kiselbach 604-662-5161

1

91,872

4

•

•

•

•

•

1329 Cliveden Ave/L–JLL; Bruno Fiorvento/Lee Hester 604-998-6006

1

63,946

•

•

•

Cliveden Landing/1200-1250 Cliveden Ave/O–Dolomite Ventures/ L–Cushman & Wakefield; Jordan Sengara/Sean Ungemach 604-640-5845

2

57,000

•

•

•

1511 Derwent Way/O–BUK Investments/M–BUK Investments/L–BUK Investments Ltd; John McGrandle 604-408-3002

1

106,987

•

•

•

•

•

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

1

51,822

•

•

•

•

•

610 Derwent Way/M–Beedie Group/L–JLL; Lee Hester/Bruno Fiorvento 604-998-6038

1

38,633

2.14

•

•

1108 Derwent Way/L–Cushman & Wakefield Ltd; Robert Stokes 604-640-5835

1

18,775

11.25

Annacis West Business Centre/1546 Derwent Way/O–Beedie Group/M–Beedie Development/ L–Colliers; Stefan Morissette/Andrew Lord 604-681-4111

1

74,045

•

•

•

528 Annance Crt/L–Colliers; Andrew Lord 604-662-2699

1

67,500

•

•

•

•

1420-1440 Derwent Way/L–Colliers; Darren Cannon/Andrew Lord/Stefan Morissette 604-662-2637

1

55,300

•

•

•

•

530 Chester Rd/L–Colliers; Darren Cannon/Stefan Morissette 604-692-1428

1

19,294

•

•

1531 Derwent Way/L–Cushman & Wakefield Ltd; Ernie Corlett/Jordan Sengara 604-640-5826

1

22,152

2.30

•

•

Kingswood Business Park Bldg C/746 Chester Rd/L–Cushman & Wakefield Ltd; John Weiss/Ron Emerson 604-640-5865

1

35,000

7.64

•

•

•

598 Ebury Pl/L–JLL; Bruno Fiorvento/Lee Hester/Casey Bell 604-998-6006

1

104,193

•

•

4

78,324

•

•

9829 River Rd/L–Colliers; Craig Kincaid-Smith 604-661-0883

1

32,120

Buckingham Industrial Estates/8257&8275 92 St/L–JLL; Lee Hester 604-998-6038

2

89,733

2.01

Buckingham Industrial Estates/8251 92 St/L–Colliers; Don Viner 604-662-2612

2

113,200

5.16

8400-8500 River Rd/L–Cushman & Wakefield Ltd; Randy Swant/John Weiss/Ron Emerson 604-640-5813

2

276,086

29.90

Tilbury Industrial Park Phase II/7391 Vantage Way/L–Cushman & Wakefield; John Weiss/Ron Emerson 604-640-5865

1

39,101

South Fraser Distribution Centre/7510-7550 Hopcott Rd/O–Hopcott Centre/M–Morguard Investments/ L–Morguard Investments; Faye Tam 604-681-9474

3

712,182

7553 Progress Way/L–Colliers; Craig Kincaid-Smith 604-661-0883

1

18,180

7783 Progress Way/L–JLL; Bruno Fiorvento/Lee Hester 604-998-6006

1

123,710

Tilbury Industrial Park/7402 Progress Way/L–Colliers; Craig Kincaid-Smith 604-661-0883

1

17,282

Tilbury Industrial Park/7950 Huston Rd/O–BUK Investments/M–BUK Investments Ltd/ L–BUK Investments Ltd; John McGrandle 604-408-3002

2

42,275

Tilbury Business Centre/7188 Progress Way/L–Lee & Associates; Rand Thomson 604-630-3399

1

Tilbury Industrial Park/7157-7187 Honeyman St/L–Cushman & Wakefield Ltd; John Weiss/Ron Emerson 604-640-5865

2

South Fraser Industrial Centre/7831-7979 Vantage Way/M–Triovest/L–JLL; Bruno Fiorvento 604-998-6006

4.65

•

•

•

•

•

•

•

• •

•

•

•

•

• •

•

• •

• •

•

Deas Slough Glenwood Commerce Centre/6165 Highway 17/O–Concert Real Estate/M–Concert Realty Services/ L–Cushman & Wakefield Ltd; John Weiss/Ron Emerson 604-640-5865

•

•

•

River Road East •

•

•

•

• •

•

•

•

•

•

•

•

•

•

Tilbury Area 2,473-4,620

2.35

•

•

5

•

•

•

•

2.84 2,000

• •

•

•

•

106,286

•

59,000

•

2

277,412

7167 Progress Way/M–Concert Realty Services/L–Colliers; Andrew Lord 604-662-2699

1

119,583

Tilbury West Corporate Centre 2/6901 72nd St/M–Beedie Group/L–CBRE Ltd; Steve Brooke/Joel Barnett 604-662-3000

1

98,553

Riverway Business Park/8189 River Way/M–Beedie Group/L–Colliers; Andrew Lord/Stefan Morissette 604-662-2699

1

43,029

3.46

• •

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

4.70

•

•

•

9.40

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

• •

•

• •

•

• • •

•

•

•

•

•

•

LANGLEY Gloucester Estates 5690 268 St/O–Concert Real Estate/M–Concert Realty Services/L–Concert Realty Services; Jeff Juhala 604-602-3711

1

64,112

Gloucester Way Business Centre/27090 Gloucester Way/O–GRM Industrial Holdings/M–Onni Property Management/ L–Avison Young; John Eakin 604-646-8399

2

95,000

5335 272nd St/L–Avison Young; Garth White/Joe Lehman 604-575-4960

1

32,186

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

2

162,169

26825 56 Ave/M–Beedie Group/L–Colliers ; Malcolm Earle/Randy Head 604-681-0831

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

8.26

•

•

•

26977 56 Ave/O–Beedie Development Group/M–Beedie Group/L–Colliers; Chris Morrison 604-681-4111

1

102,494

6.38

•

Horizon Pacific Corporate Centre II/26988 56th Ave/L–Avison Young; Michael Farrell 604-646-8388

1

86,069

4.48

•

3254 262 St/L–NAI Commercial; Angie MacDonald/Don MacDonald 604-514-6823

2

72,730

•

•

Northview Business Centre/5350 275 St/O–Beedie Development Group/M–Beedie Group/ L–CBRE Ltd; Chris MacCauley/Jason Kiselbach 604-662-5190

1

124,353

5.75

•

•

•

•

•

3.01

•

•

•

3.77

•

•

27515 56 Ave/L–Avison Young; Michael Farrell/Mathew Sunderland 604-646-8388

1

83,730

22454 48 Ave/L–Colliers; Adam Mitchell/Malcolm Earle 604-681-4111

1

26,000

Gloucester Industrial Estates/Gloucester Way & 56 Ave/M–Beedie Development Group/ L–Avison Young; Michael Farrell/Garth White 604-646-8388

3

115,000

2016 Office Space_02.indd 66

3.19

1.99

11,719-12,540

35,000

• •

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•

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•

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•

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•

2016-04-28 3:43 PM

E YA IN R D LO ST AD O W AR RA GE EH LIG OU HT SE M HE A AV NU F Y O F M A AC T FIC NU UR IN E R E S P FA C G TU TA AC E RI IL NG RA SP A IL A CE BA CCE S RG S E B O AC C M A ESS

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

1

27,134

25,238

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

1

75,794

650-9,770

Friesen Equipment/22661 Fraser Hwy/L–Cushman & Wakefield Ltd; Andrew Green/Jot Mattu/Kevin Volz 604-640-5851

1

14,070

Langley Bypass Home Style Centre/19600 Langley Bypass/M–Wesgroup Properties/ L–Avison Young; Garth White/Joe Lehman 604-687-7331

1

37,247

30971 Peardonville Rd/L–NAI Commercial; Brian Larrivee 604-870-9200

1

62,370

•

2.01

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

• •

• •

• • •

•

•

Northwest Langley 401 Industrial Park/9087A,B,C and E 198 St/O–Beedie Group/M–Beedie Group/L–Colliers; Vito DeCicco 604-661-0830

9

606,659

Station St Industrial Park/20255 102nd Ave/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

19,400

15,120

50

•

•

•

•

1.51

•

•

•

•

•

20085 100A Ave/L–Cushman & Wakefield; William Hobbs 604-640-5808

1

46,609

20146 100A Ave/L–Cushman & Wakefield; Bill Randall/Bob Stokes 604-608-5967

1

207,079

•

•

•

•

10097 201 St/L–Cushman & Wakefield; William (Bill) Hobbs 604-683-3111

1

26,497

•

•

•

401 Business Centre/9355 198 St/O–bcIMC/M–GWL Realty Advisors/L–Colliers; Malcolm Earle 604-661-0895

6

205,050

11

Port Kells Industrial Area/19889 96th Ave/L–Cushman & Wakefield Ltd; William (Bill) Hobbs 604-640-5808

1

32,500

1.68

•

•

•

•

•

1.07 80,000-135,602

9.09

Langley Industrial Park/20395 102B Ave/L–CBRE Ltd; Harry Ghag/Nicholas Westlake 604-662-5112

3

159,430

3.66

401 Business Centre/19720 94A Ave/M–GWL Realty/L–Colliers; Malcolm Earle 604-661-0895

6

206,000

11

20315 & 20339 96th Ave/L–Avison Young; Garth White/Joe Lehman 604-575-4960

2

30,029

Willowbrook Business Park/20434 64th Ave/M–Concert Properties/ L–RE/MAX Commercial Advantage; Gordon MacPherson/Ryan Schwartz 604-510-5555

4

94,070

Langley Business Centre/6360-6375 202 St&20120 64 Ave/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Leslie Koole 604-533-1138

3

108,465

Mufford Industrial Park/20626-20630 Mufford Cres/O–Wesgroup/M–Wesgroup Properties/ L–Lee & Associates; Sebastian Espinoza 604-630-3396

1

78,840

Production Way Industrial Park/5650-5674 Production Way/O–Wesgroup/M–Wesgroup Properties/ L–Lee & Associates; Sebastian Espinosa/Steve Caldwell 604-630-3396

2

45,463

20050 Stewart Cres/L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851

1

27,265

Maple Meadows Industrial Park/11450 201A St/L–Cushman & Wakefield Ltd; William (Bill) Hobbs 604-640-5808

1

49,639

•

• • •

•

•

•

•

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•

•

•

•

•

•

•

•

•

Willowbrook 4.50 825-12,000

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

MAPLE RIDGE Maple Meadows

1.71

•

•

•

•

•

•

•

NEW WESTMINSTER Brunette Braid St Distribution Centre/109 Braid St/O–2725321 Canada Inc/M–Bentall Kennedy/L–CBRE Ltd; Joe Inkster 604-662-3000

4

689,528

32

•

•

•

•

•

•

15 Braid St/O–Bosa Development/M–604-294-0666 /L–Cushman & Wakefield Ltd; Flavio Unti 604-640-5889

1

81,147

5

•

•

•

•

•

•

21-79 Braid St/M–Bosa Development/L–Cushman & Wakefield Ltd; Flavio Unti 604-640-5889

4

195,000

•

•

•

•

•

230 Brunette Ave/L–Colliers; Todd Scarlett/Adam Mitchell 604-662-2639

2

78,000

4.49

•

•

•

•

•

1

33,991

Keith Business Centre/1225 Keith Rd E/L–Avison Young; Terry Thies/Ian Whitchelo 604-646-8398

1

80,000

179 Harbour Ave/L–Avison Young; Matt Thomas 604-646-8383

1

30,000

•

• •

•

NORTH VANCOUVER CITY Brooksbank Eagle Park/831 3rd St W/L–Avison Young; Terry Thies/Ian Whitchelo 604-687-7331

•

•

•

•

•

NORTH VANCOUVER DISTRICT Lynnmour

1401-1479 Hunter St/L–RE/MAX Commercial; Ross Forman/Jeff Pilkington 604-980-3003

4

•

•

7,200

52,000

•

•

•

•

•

•

•

Maplewood Dollarton Landing /2433-2455 Dollarton Hwy/L–Avison Young; Matt Thomas/Ian Whitchelo 604-646-8383

2

130,424

•

•

•

•

•

•

Norgate Capilano Business Park/930-980 1st St W, 949 3rd St W/L–Avison Young; Terry Thies/Ian Whitchelo 604-646-8398

3

290,681

2,000-10,000

Lions Gate Business Park/1601-1723 Welch St/L–Re/Max Crest Realty; Ross Forman/Jeff Pilkington 604-980-3003

2

79,861

2,300

Cypress Business Centre/1801-1861 Welch St/L–Avison Young; Terry Thies/Ian Whitchelo 604-646-8398

2

45,000

11435 201A St/O–DGN Propertyworks/M–DGN Propertyworks/L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851 1

15,000

• 3.20

•

•

•

•

•

•

•

•

•

1.01

•

•

•

•

35

•

•

•

•

•

• •

PITT MEADOWS Maple Meadows 1,689

•

Pitt Meadows Airport Golden Ears Business Centre - Phase I/19100 Airport Way/O–RPMG Holdings Ltd/M–Onni Property Management/ L–Avison Young; Ryan Kerr/John Lecky 604-647-5094

2016 Office Space_02.indd 67

5

650,400

•

•

•

2016-04-28 3:43 PM

68 |

OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

Golden Ears Business Park - Pase II/19055 Airport Way/M–Onni Property Management/ L–Avison Young; John Lecky/Ryan Kerr 604-647-5061

4

559,100

1772 Broadway St/O–Onni Group/M–Onni Property Management/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

64,302

Broadway Business Park/1585 Broadway St/O–Pacific Star Properties/M–Pinnacle Int’l/ L–Lee & Associates; Steve Caldwell/Phil Gibbons 604-895-2224

1

115,000

E YA IN R D LO ST AD O W AR RA GE EH LIG OU HT SE M HE A AV NU F Y O F M A AC T FIC NU UR IN E R E S P FA C G TU TA AC E RI IL NG RA SP A IL A CE BA CCE S RG S E B O AC C M A ESS

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Golden Ear Business Park Phase II/19055 Airport Way/M–Onni Property Management/ L–Avison Young; John Lecky/Ryan Kerr 604-647-5061

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35

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•

•

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•

•

•

•

•

•

•

•

•

•

•

• •

PORT COQUITLAM Mary Hill Estates 2,589 24

•

•

1533 Broadway St/O–Onni Development/M–Onni Group/L–RE/MAX Central; Peter Hall/Chris Davies 604-718-7300

1

116,000

•

•

•

•

•

•

•

1525 Broadway St/O–Onni Development/M–Onni Development Corp/L–RE/MAX Central; Peter Hall/Chris Davies 604-718-7300

1

109,900

•

•

•

•

•

•

•

Broadway Buisness Park/1515 Broadway St/O–Mondi Properties/M–Pinnacle International/ L–Lee & Associates; Steve Caldwell/Sebastian Espinosa 604-895-2224

1

50,000

10

•

•

•

•

•

1.16

•

•

•

•

•

1770 McLean Ave/O–286502 BC Ltd/L–RE/MAX Davies Hall; Peter Hall 604-713-7300

1

26,610

1776 Broadway St/O–Onni Group/M–Onni Property Management/L–RE/MAX Central; Chris Davies/Peter Hall 604-718-7300

1

64,302

1375 Kingsway Ave/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

55,988

6 2.52

1750 McLean Ave/L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851

1

56,366

Kingsway Business Centre/1952 Kingsway Ave/L–RE/MAX Davies Hall; Peter Hall 604-713-7300

1

75,000

2520 Davies Ave/L–Lee & Associates; Steve Caldwell 604-895-2224

1

52,334

1971 Broadway St/L–Lee & Associates; Mitch Ellis/Steve Caldwell 604-630-3383

1

1765 Coast Meridian Rd/L–Lee & Associates; Steve Caldwell 604-895-2224

• •

•

•

•

•

•

•

•

•

•

•

•

•

•

5.28

•

•

•

•

20,000

1.21

•

•

•

•

1

120,660

6.12

•

•

•

•

Kingsway Industrial Centre/1368 Kingsway Ave/L–RE/MAX Davies Hall; Peter Hall 604-713-7300

1

44,560

•

•

•

Kingsway Corporate Centre/2071 Kingsway Ave/L–Cushman & Wakefield Ltd; Kevin Volz/Rick Eastman 604-640-5863

1

20,255

•

•

•

Leigh Industries/1615 Industrial Ave/L–Cushman & Wakefield Ltd; Bart Vanstaalduinen/Rick Eastman 604-640-5871

1

11,430

•

•

•

•

Meridian Industrial Park/1633 Kebet Way/O–Beedie Group/M–Beedie Group/L–Beedie Group; Blake Asselstine 604-909-8720

1

45,484

•

•

•

•

1320 Kingsway Ave/L–RE/MAX Davies Hall; Peter Hall 604-718-7300

1

22,072

Meridian Industrial Park/1391 Kebet Way/M–Beedie Group/L–Cushman & Wakefield Ltd; Rick Eastman 604-640-5863

1

17,827

•

•

•

•

Meridian Industrial Park/1615 Kebet Way/M–Beedie Group/L–Beedie Group; Blake Asselstine 604-909-8720

1

61,400

•

•

•

•

Meriadian Industrial Park/1435 Broadway St/M–Beedie Group/L–Beedie Group; Blake Asselstine 604-909-8720

1

57,251

•

•

•

•

River’s Edge Business Park - Bldg 1/573 Sherling Pl/L–Cushman & Wakefield Ltd; Kevin Volz/Rick Eastman 604-640-5863

1

•

•

•

•

15

•

•

9.50

•

•

5

•

•

•

•

•

•

•

•

•

Meridian

1,300

•

•

1,918

•

•

•

RICHMOND Bridgeport-North Richmond 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

11480-11482 River Rd/L–CBRE Ltd; Steve Brooke/Joel Barnett 604-662-3000

2

175,332

2480 Shell Rd/L–Avison Young; Ryan Kerr/Jeron Dillon 604-647-5094

1

27,500

•

H Brum Complex/2520-2560 Simpson Rd/M–Dorset Realty/L–Dorset Realty; Colin Schuss 604-270-1711

3

75,526

•

16160-16268 River Rd/L–Colliers; Craig Kincaid-Smith 604-661-0883

4

50,400

30,000-60,000

10.58

•

•

•

•

• •

•

• •

•

•

•

•

• •

•

•

•

•

Brighouse 5811 Cedarbridge Way/M–Grayco Developments/L–Colliers; Stefan Morissette 604-681-4111

1

18,832

Brighouse West/6211 Westminster Hwy/M–Bentall Kennedy/L–Bentall Kennedy; David Haugen 604-661-5679

1

30,000

Minoru Station/5720-5740 Minoru Blvd/M–Dorset Realty Group/L–Dorset Realty Group; Colin Schuss 604-270-1711

1

28,475

3

125,000

5.43

•

50,013

2.44

•

•

•

•

•

•

•

•

•

•

•

•

• • •

Crestwood 13480 Crestwood Place/O–BUK Investments/M–BUK Investments/L–BUK Investments Ltd; John McGrandle 604-408-3002 International Business Park Bldg B/4011 Viking Way/M–BUK Investments/L–BUK Investments; John McGrandle 604-408-3002 International Business Park Bldg E/4320 Viking Way/M–BUK Investments/L–BUK Investments; John McGrandle 604-408-3002

1

44,302

2.10

•

International Business Park Bldg C/4611 Viking Way /O–BUK Investments/M–BUK Investments/ L–BUK Investments; John McGrandle 604-408-3002

1

99,860

6,141-10,437

4.80

•

Knightsbridge Business Park/3260 Viking Way&13680 Bridgeport Rd/O–Concert Real Estate/M–Concert Realty Services/ L–Colliers; Andrew Lord/Stefan Morissette 604-681-4111

2

65,624

3,600

15.70

•

Knightsbridge Business Park/3331-3571 Viking Way/O–Concert Real Estate/M–Concert Realty Services/ L–Colliers; Andrew Lord/Stefan Morissette 604-681-4111

9

297,040

3,600

15.70

•

International Business Park/4020-4620 Viking Way/O–BUK Investments/M–BUK Investments/ L–BUK Investments Ltd; John McGrandle 604-408-3002

6

360,000

13471 Crestwood Pl/L–CBRE Ltd; Bruce Richardson/Fraser Rowland 604-662-3000

1

51,322

Key West Business Centre/3760-3960 Jacombs Rd/L–CBRE Ltd; Fraser Rowland 604-662-5128

9

419,996

3,000 9,719

Airport Industrial Park/4751 Shell Rd/L–Colliers; Craig Kincaid-Smith 604-661-0883

1

25,000

Crestwood Place Business Centre/13511 Crestwood Pl/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

2

50,582

2016 Office Space_02.indd 68

•

•

•

• •

5.75

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

• •

•

•

•

•

•

•

•

•

•

19

17.10

•

•

•

• •

•

• •

•

2016-04-28 3:43 PM

24,340 1,000-3,320

E YA IN R D LO ST AD O W AR RA GE EH LIG OU HT SE M HE A AV NU F Y O F M A AC T FIC NU UR IN E R E S P FA C G TU TA AC E RI IL NG RA SP A IL A CE BA CCE S RG S E B O AC C M A ESS

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Viking Way Business Centre/3671-3691 Viking Way/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

NU

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

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4

•

• •

•

•

•

8.49

•

•

•

•

•

3.18

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

11300 River Rd/L–Lee & Associates; Don Mussenden 604-630-3373

1

13,942

Rivercrest Industrial Business Centre/1700 No 6 Rd/L–Colliers; Darren Cannon/Andrew Lord/Stefan Morissette 604-662-2637

1

206,710

13040 Worster Crt/L–Lee & Associates; Mark Elworthy 604-630-3379

1

72,800

Knighsbridge Business Park Bldg 2/13211 Delf Pl/O–Crestpoint Real Estate/M–SDM Realty/ L–Cushman & Wakefield Ltd; Noah Freedman 604-640-5858

1

24,864

Knightsbridge Business Park Bldg 1/13231 Delf Pl/O–Crestpoint Real Estate/M–SDM Realty/ L–Cushman & Wakefield; Noah Freedman 604-640-5858

1

53,800

2080 Van Dyke Pl/L–CBRE Ltd; Steve Brooke/Joel Barnett 604-662-5570

1

48,667

14251 Burrows Rd/L–Avison Young; Ryan Kerr 604-647-5094

1

67,000

•

•

12811 Clarke Pl/M–Dorset Realty Group/L–Dorset Realty Group; Colin Schuss 604-270-1711

1

27,500

•

•

3851 Jacombs Rd/M–Porte Realty/L–Cushman & Wakefield Ltd; Matthew MacLean/Ron Emerson 604-640-5855

1

22,704

2551 No 6 Rd/L–CBRE Ltd; Bruce Richardson/Fraser Rowland 604-662-3000

1

131,320

13500 Maycrest Way/L–RE/MAX Commercial Advantage; Johan Leung 604-729-4639

1

52,000

Gateway Pacific Business Centre - Bldg B/13268 Worster Crt/M–Bentall Kennedy/ L–CBRE Ltd; Chris MacCauley/Joe Inkster/Joel Barnett 604-662-3000

1

79,100

Rivers Reach Business Park/1900 Savage Rd/L–Colliers; Andrew Lord 604-662-2699

1

21,892

Crestwood Place Business Centre/13520 Crestwood Pl/M–Morguard Investments/L–Morguard; Faye Tam 604-602-6450

2

40,022

13500 Verdun Pl/L–CBRE Ltd; Joel Barnett/Steve Brooke 604-662-5570

1

5480 Parkwood Way/L–CBRE Ltd; Joel Barnett/Steve Brooke 604-662-5570

15,000-33,570

4.62

• •

•

• •

•

•

•

•

•

•

•

•

•

•

•

•

•

0.72

•

•

•

•

5.75

•

•

•

•

28,914

•

•

•

•

1

25,288

•

•

•

•

East Richmond Distribution Centre/16100 Blundell Rd/L–CBRE Ltd; Gurch Ollek 604-662-5103

1

297,680

13.20

•

•

•

•

23511 Dyke Rd/L–Farrell Estates; Stephanie Setchell 604-273-7503

1

48,669

2.01

•

•

Shelter Island Commerce Centre /21300-21320 Gordon Way /O–Farrell Estates/M–Farrell Estates/ L–Farrell Estates; Stephanie Setchell 604-273-7503

2

180,000

Shelter Island Commerce Centre Marinaside/6900 Graybar Rd/O–Farrell Estates/M–Farrell Estates/ L–Farrell Estates; Stephanie Setchell 604-273-7503

1

180,000

30,000

7.10

•

•

• •

East Richmond •

•

•

Fraserwood •

Goldbar Business Plaza/20800 Westminster Hwy/L–Compass Point Real Estate; Mark Morrison 604-214-8645

1

48,000

Fraserwood Landing/21900 Westminster Hwy/L–RE/MAX Davies Hall; Peter Hall/Chris Davies 604-718-7300

1

23,586

•

21331 Gordon Way/O–Farrell Estates/M–Farrell Estates/L–Farrell Estates; Stephanie Setchell 604-273-7503

1

75,702

•

Fraserwood Business Park/22071 Fraserwood Way/L–CBRE Ltd; Joel Barnett/Steve Brooke 604-662-5570

1

16,294

•

2

82,086

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

Riverside Richmond Business Park/14480-14488 Knox Way/O–RPMG Holdings/M–Onni Property Management/ L–Colliers; Stefan Morissette/Sean Bagan 604-692-1428

6.42

•

•

•

• •

•

11920 Forge Pl/L–Colliers; Andrew Lord/Ewen Johnston 604-681-4111

1

24,023

Riverside Centre/11151-11191 Horseshoe Way/L–Cushman & Wakefield Ltd; Ron Emerson 604-640-5921

3

173,000

Horseshoe Centre/12300 Horseshoe Way/L–Cushman & Wakefield; Noah Freedman/Ron Emerson 604-683-3111

2

42,000

12851 No 5 Rd/L–CBRE Ltd; Fraser Rowland/Nicholas Westlake 604-662-5128

1

21,236

1.03

•

Riverside Industrial Park/11851 Hammersmith Way/L–JLL; Casey Bell/Lee Hester 604-998-6014

1

25,306

0.58

•

2

240,313

•

• •

•

•

•

•

•

•

•

•

•

• •

• •

•

•

•

Van Horne River Road Business Centre/7080-7100 River Rd/M–Dorset Realty Group/L–Dorset Realty Group Ltd; Colin Schuss 604-270-1711

•

•

SURREY Bridgeview 11125 124 St/L–Avison Young; Michael Farrell/John Eakin 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

200,000

•

PacificLink Industrial Park/10240 Grace Rd/M–Wesgroup Properties/ L–Colliers; Stuart Morrison/Andrew Lord/Chris Brewster 604-662-2676

1

22,509

•

PacificLink Business Park/10449 Scott Rd/M–Wesgroup Properties/ L–Colliers; Stuart Morrison/Andrew Lord/Chris Brewster 604-681-4111 13085 115 Ave/L–Lee & Associates; Sebastian Espinosa 604-630-3396

1

12.90

105,100

20,000-80,000

28,939

1,807-3,151

83

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Campbell Heights Campbell Heights I/19097 26 Ave/L–Cushman & Wakefield; Sean Ungemach/Andrew Green/Bill Hobbs 604-640-5823

1

45,800

5.68

•

•

Campbell Heigts Business Centre Phase II /19133 26th Ave/O–Porte Realty/M–Porte Realty/ L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-640-5851

1

42,471

5.61

•

•

19110-19130 24 Ave/O–Onni Group/M–Onni Property Management/L–Avison Young; Garth White/Joe Lehman 604-575-4960

1

109,600

•

•

Pacific Crossing/19050 25 Ave/L–Cushman & Wakefield; Andrew Green 604-640-5800

1

59,972

•

•

Campbell Heights/2133 191 St/M–Beedie Group/L–Colliers; Vito DeCicco/Chris Morrison 604-681-4111

1

80,000

•

•

•

2153 192 St/L–Cushman & Wakefield; Andrew Green 604-640-5800

1

27,868

•

•

2016 Office Space_02.indd 69

3.03

8,463

1.09

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70 |

OFFICE SPACE 2016 PUBLISHED BY BUSINESS IN VANCOUVER

1

18,379

5.61

19099 25th Ave/M–Porte Realty/L–Cushman & Wakefield Ltd; Kevin Volz/Andrew Green 604-640-5851

1

39,000

2.52

Blackthorn IV/19347 24 Ave/M–Blackthorn Properties Inc/L–Cushman & Wakefield Ltd; Kevin Volz/Andrew Green 604-640-5800

1

99,007

4.92

Campbell Heights North Business Park/18905 32nd Ave/L–Lee & Associates; Steve Caldwell/Sebastian Espinosa 604-895-2224

1

30,000

Campbell Heights West/18810 24 Ave/L–Avison Young; Mathew Sunderland/Garth White 604-647-1346

1

400,000

Bridon Heights/2052-2076 192 St/L–Colliers; Randy Heed/Malcolm Earle 604-661-0831

2

97,894

Campbell Heights North/19195 33rd Ave/M–Lee & Associates/ L–Lee & Associates; Sebastian Espinosa/Steve Caldwell 604-630-3396

1

15,365

Campbell Heights Commerce Centre/3338 190 St/L–Farrell Estates; Stephanie Setchell 604-273-7503

1

45,000

9300-45,000

South Surrey Business Park/2830 188th St/M–Hopewell Development Corp/ L–Avison Young; Michael Farrell/Robert Gritten/Ryan Kerr 604-647-5063

4

775,900

23,100

Hayer Business Centre/19180 36th Ave/L–Avison Young; Garth White/Joe Lehman 604-575-4960

1

32,490

E YA IN R D LO ST AD O W AR RA GE EH LIG OU HT SE M HE A AV NU F Y O F M A AC T FIC NU UR IN E R E S P FA C G TU TA AC E RI IL NG RA SP A IL A CE BA CCE S RG S E B O AC C M A ESS

ES CR

AD

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Campbell Heights Business Centre - Phase III/19148 27 Ave/M–Porte Realty/ L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-640-5851

DO

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–SSIZE Q. RA F T NG . E

BA Y

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

BE R OF BU ILD TA IN AR L R GS E A EN –S TAB Q . LE FT .

Industrial/office park directory

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1.54

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20

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38

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Cloverdale 19440 Enterprise Way/L–Lee & Associates; Tony Capolongo 604-630-3378

1

35,995

Rymar Business Centre/18635&18663 52nd Ave/L–Avison Young; Garth White/Joe Lehman 604-757-4958

2

100,000

1.50

•

•

•

2

74,602

•

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•

•

•

•

•

•

•

•

•

•

East Newton Willowbrook Business Centre/19292 60 Ave/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Brenda McAvoy 604-533-1138 FAMA Business Park/15045-15050 54A Ave/M–Bentall Kennedy/L–Cushman & Wakefield; Andrew Green 604-640-5800

8

316,407

Pacific Highway Business Park/17660 65A Ave/M–REMI Realty/ L–Cushman & Wakefield Ltd; William (Bill) Hobbs/Michael Hardy 604-640-5808

4

65,000

15055 54A Ave/L–Avison Young; Michael Farrell/Ryan Kerr 604-646-8388

1

90,711

Colebrook Business Centre/15110 54A Ave/O–Colebrook 152 Holdings/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

1

379,921

North Newton West Industrial Centre/8125-8145 130 St/ L–Cushman & Wakefield; Kevin Volz/Andrew Green/Jot Mattu 604-639-9352

3

155,000

Double V Developments Bldg C/13281 78 Ave/L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-640-5851

1

10,775

Colebrook Business Centre/5433 152nd St/O–Colebrook 152 Holdings/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

3

379,923

13120 76 Ave/L–CBRE Ltd; Harry Ghag/Nicholas Westlake 604-662-5112

1

Newton Omniplex Centre/13370 78 Ave/L–Cushman & Wakefield Ltd; Kevin Volz/Jot Mattu/Andrew Green 604-640-5851

1

13139 80 Ave/L–Colliers; Chris Morrison 604-661-0875

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4.70

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12

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5.53

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36,503

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•

38,889

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1

128,584

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•

7910 130 St/M–Beedie Group/L–Colliers; Chris Morrison/Vito DeCicco 604-661-0785

1

10,455

Fruiticana/12758 80 Ave/L–Cushman & Wakefield Ltd; Jot Mattu/Kevin Volz/Andrew Green 604-639-9352

1

27,081

• •

Newton 4,000-60,000

5,945 12

3.40

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•

•

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•

•

•

Port Kells Bridon Centre/19272 96th Ave/O–Bridon Developments/L–Colliers; Randy Heed/Malcolm Earle 604-661-0831

4

124,000

5,000-32,000

19372 94 Ave/L–Lee & Associates; Rand Thomson 604-630-3393

1

20,000

10,019

Ceekel Business Centre Phase 2/19335 96th Ave/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

35,690

Westmorland Business Centre/18812 96 Ave/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

30,000

9725 192 St/L–Colliers; Chris Brewster/Adam Mitchell 604-681-1111

1

15,000

5,000

Cancar Business Park/19375 96 Ave/O–Beedie Group/M–Beedie Group/ L–CBRE Ltd; Ilya Tihanenoks/Chris MacCauley 778-372-3930

5

39,200

18,000

6.20

•

3.27 1.88

9275-9305 194 St/O–Bosa Properties/M–Bosa Properties/L–Colliers; Randy Heed/Malcolm Earle 604-661-0831

2

85,104

4.70

19103 95A Ave/L–Lee & Associates; Sebastian Espinosa/Steve Caldwell 604-630-3396

1

17,044

0.69

Centre on 96th Avenue/19358 96 Ave/O–Wesgroup/M–Wesgroup Properties/ L–Lee & Associates; Sebastian Espinoza 604-630-3396

1

176,000

6.30

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•

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•

•

•

1.25

• •

Port Kells Industrial Park/18503 97 Ave/L–Cushman & Wakefield; Kevin Volz/Jot Mattu 604-640-5851

2

23,654

1

22,290

Golden Ears Industrial Centre/18770-18810 96 Ave/L–Colliers; Malcolm Earle/Randy Heed 604-661-0895

5

300,000

9425 190 St/L–Avison Young; John Lecky/Michael Farrell 604-647-5061

1

62,800

2.89

•

9444 190 St/L–Lee & Associates; Sebastian Espinosa 604-630-3396

1

11,133

0.44

•

•

18877 96 Ave/L–Colliers; Chris Brewster 604-662-2694

1

73,500

•

Cancar Business Park/19433 96 Ave/M–Beedie Group/ L–RE/MAXCommercial Advantage; Ryan Schwartz/Ryan MacPherson 604-510-5555

1

38,199

9520 192 St/L–Cushman & Wakefield Ltd; William (Bill) Hobbs 604-640-5808

1

24,006

•

•

•

• •

19730 Telegraph Trail/L–Lee & Associates; Steve Caldwell/Sebastian Espinosa 604-895-2224

2016 Office Space_02.indd 70

1,192

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29

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1

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1.02

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2016-04-28 3:43 PM

3383 Gilmore Way 510 Burrard Street

980 Howe Street 1095 West Pender Street

n e Look up. Youâ&#x20AC;&#x2122;ll see our ofďŹ ce towers in major cities across the globe including Vancouver, Toronto, New York, Chicago, Los Angeles, Hong Kong and Tokyo. Our team of real estate professionals is dedicated to managing millions of square feet of commercial real estate for thousands of customers each day. Customers that call our buildings home.

For leasing information, please contact: Paula Wright, Leasing Director T : 604.438.2302

2016 Office Space_02.indd 71

2016-04-28 3:43 PM

Nothing is out of reach.

Find an agent in Western Canada.

home.remaxcommercial.com

RE/MAX Commercial offices available in all Western Canadian Provinces, including: RE/MAX Commercial Advantage – Vancouver RE/MAX Commercial Advantage – Fraser Valley RE/MAX Commercial Realty (Property Mgmt) – Richmond RE/MAX Management Solutions (Prop Mgmt) – Kelowna

RE/MAX Commercial Solutions – Vernon RE/MAX Complete Commercial – Calgary RE/MAX Guardian Commercial – Saskatoon RE/MAX Commercial Central – Edmonton

Each office is independently owned and operated.

2016 Office Space_02.indd 72

2016-04-28 3:43 PM