Office Space 2017

Page 1

2017 | BOMA BC LEASING GUIDE | COMMERCIAL REAL ESTATE

OFFICE SPACE MEDICALTECH HUB RISES IN SURREY GASTOWN’S BODY HEAT

FALSE CREEK FLATS: THE FINAL FRONTIER ZERO-EMISSIONS MAY DEFINE NEW VANCOUVER OFFICE TOWERS OFFICIAL OFFICI CIIAL PUBLICATION P LICAT PU PUB

PUBLISHED BY

British Columbia Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

00_Office Space 2017_01 2.indd 1

FOREIGN BUYERS

STACKING STRATA

BOMA BC AWARDS

2017-05-03 10:28 AM


00_Office Space 2017_01 2.indd 2

2017-05-03 10:28 AM


Six Times a Winner! We are proud that Avison Young has been named one of Canada’s Best Managed Companies for the sixth year in a row, requalifying as a Gold Standard winner for excellence in business performance for the third straight year. Let us show you how our different approach to commercial real estate – based on partnership with our clients and across our company – delivers a better client experience, and better results.

avisonyoung.com

Avison Young is the world’s fastest-growing commercial real estate services firm,with 79 offices in Canada, the U.S., Mexico and Europe, providing a full range of value-added services globally to real estate owners and occupiers.

Partnership. Performance.

00_Office Space 2017_01 2.indd 3

2017-05-03 10:28 AM


CONTENTS 2017 | BOMA BC LEASING GUIDE | COMMERCIAL REAL ESTATE

OFFICE SPACE MEDICALTECH HUB RISES IN SURREY GASTOWN’S BODY HEAT

FALSE CREEK FLATS: THE FINAL FRONTIER ZERO-EMISSIONS MAY DEFINE NEW VANCOUVER OFFICE TOWERS OFFICIAL CIAL AL PUBLICATION PUBLICAT PUB PU

PUBLISHED BY

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

FOREIGN BUYERS

STACKING STRATA

BOMA BC AWARDS

OFFICIAL PUBLICATION

36

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

STACKING STRATA

Stacking and selling office space above light industrial proves transformative in off-market Vancouver neighbourhoods

COLUMN

COLUMN

COLUMN

FEATURES Stanford North Body heat Shelter from the storm Final frontier Path to zero emissions Stacking strata BOMA BC Awards 2017 Securing guards

16 20 24 28 31 36 42 44

PUBLISHER: Sue Belisle VICE-PRESIDENT, AUDIENCE AND BUSINESS DEVELOPMENT: Kirk LaPointe EDITOR: Frank O’Brien INTEGRATED SALES MANAGERS:

Pia Huynh, Laura Torrance, Chris Wilson

DESIGN: Randy Pearsall PRODUCTION: Rob Benac WRITERS: Patrick Blennerhassett,

Peter Mitham, Frank O’Brien, Rod Yeoh

PROOFREADER: Meg Yamamoto ADVERTISING SALES: Joan McGrogan,

Corinne Tkachuk

ADMINISTRATORS: Katherine Butler,

Marie Pearsall

SALES OPERATIONS MANAGER:

Klemky—34

Fleguel—40

Thomas—48

EDITOR’S LETTER

6

BOARD OF DIRECTORS

8

SPONSORS

8

BRIEFS

10, 12, 14

INFOGRAPHICS B.C.’s BIGGEST Security companies Commercial property managers Commercial real estate brokerages DIRECTORIES Office buildings Industrial/office parks

28

FINAL FRONTIER Vancouver’s False Creek Flats poised for office boom

15 50 52 54 56 66

Michelle Myers RESEARCH: Anna Liczmanska, Carrie Schmidt

Office Space 2017 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. Copyright 2017 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 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: Larry Fisher, president of Lark Group, at Health and Technology District, Surrey Cover photo: Chung Chow PRODUCED BY

PATH TO ZERO EMISSIONS

A technical perspective on the “aggressive” plan to push new office buildings into a zero-emissions world

31

00_Office Space 2017_01 2.indd 4

2017-05-03 10:28 AM


Coquitlam

Invest, Innovate, Grow

Be Strategic: Locate Your OfďŹ ce on the Evergreen SkyTrain Extension The $1.4B Evergreen Extension project, launched in December 2016, is driving investment and development into the Burquitlam, Lougheed and City Centre areas of Coquitlam. The extension of SkyTrain rapid transit enables residents and businesses to connect quickly with communities across Metro Vancouver.

. Transit-Oriented Development Strategy guiding development to maximize opportunities around station areas. . Opportunities for mixed use and ofďŹ ce development near residential areas and amenities. . QNet - a 60 km ďŹ bre optic network that provides businesses with low-cost, high-speed broadband services. . Easy access to the Metro Vancouver, US and Asian markets. . Large, skilled, highly educated labour force. Open, accessible, progressive municipal government.

Economic Development 3000 Guildford Way, Coquitlam, BC, V3B 7N2 Email: economicdevelopment@coquitlam.ca

coquitlam.ca/economicdevelopment

00_Office Space 2017_01 2.indd 5

2017-05-03 10:28 AM


6 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Editor’s letter

OFFICE SPACE AS A CATALYST FOR CHANGE

I Frank O’Brien Editor

who had warned that the building boom of the last three years could only end in a glutted office sector and soaring vacancy rates. I n s te a d , d o w n to w n Va n c o u v e r n o w h a s t h e second-lowest office vacancy rate and the highest Class A lease rates of any major downtown in the country. “Virtually all the new supply delivered since 2015 has been occupied or will be primarily occupied by the first half of 2017,” Avison Young confirms in its year-end 2016 Vancouver office report. The agency adds that fears of a spike in vacancies for older Class A and B buildings have also not been realized. This year, Metro Vancouver is considered among the top office investment targets on the planet. But local office development is about more than vacancy rates, building sales and leases. It is proving a catalyst for change, a thought leader, if you will, that is helping to direct the movement of people and the creation of employment, and setting national standards for Leadership in Energy and Environmental Design. Office Space magazine is proud to profile the people and the projects that represent this dynamic British Columbia development sector. We can’t wait to see what’s next. É

n a job-hungry neighbourhood of East Vancouver, a fresh concept in strata office space is expected to welcome about three dozen employers and 500 jobs by the time it completes in two years. In Gastown, open-space offices crafted within the brick-and-beam bones of historic buildings are laying the groundwork – and the room – for a burgeoning tech sector, especially in the white-hot video and mobile gaming arenas. Across the frontier of Vancouver’s False Creek Flats, it is office developers who are entrusted to envision and deliver the jobs, amenities and lifestyle of a new downtown. In Surrey’s City Centre – a.k.a. Whalley – the second of eight office towers is rising as part of a bold plan to create a medical-technology hub for the Lower Mainland, a kind of Silicon Valley of innovation that is already attracting international tenants and generating scores of high-paying jobs. In today’s Metro Vancouver, office development has gone from being a destination for workers to creating the new employment centres of a modern and changing economy. And, in so doing, local office investors and developers have surprised the pundits and confounded the critics

5

Alpine provides janitorial services for over 70 million square feet of commercial space across Canada.

Providing our clients with the highest level of quality, service and value for money.

alpineservices.ca Vancouver Office Suite 211, 8291 92 Street Delta, BC V4G 0A4 Tel: 604.821.1541 Fax: 604.821.1545

00_Office Space 2017_01 2.indd 6

Edmonton Office Suite 101, 18220 105 Avenue NW Edmonton, AB T5S 2R5 Tel: 780.487.1830 Fax: 780.487.1876

Calgary Office Suite 6, 3300 14th Avenue NE Calgary, AB T2A 6J4 Tel: 403.252.9193 Fax: 403.252.4707

Toronto Office Suite 108, 40 Wynford Drive North York, ON M3C 1J5 Tel: 416.461.8748 Fax: 416.461.1294

2017-05-03 10:28 AM


00_Office Space 2017_01 2.indd 7

2017-05-03 10:28 AM


8 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

British Columbia

2017-18 BOARD OF DIRECTORS

2017 BOMA CORPORATE SPONSORS

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

OFFICERS BOMA CHAIR Susan Dodsworth National director of operations, Brookfield Global Integrated Solutions BOMA VICE-CHAIR Greg Last Vice-president, property management, Triovest Realty Advisors (BC) Inc.

TREASURER Lillian Tummonds

General manager, Pacific Centre (complex) and HSBC Building, The Cadillac Fairview Corp. Ltd. PAST CHAIR Robert Kavanagh Vice president, asset management, and managing broker, GWL Realty Advisors Inc. PRESIDENT, BOMA BC Paul LaBranche

DIRECTORS Natalie Bishop Property manager, Metrotower Office Complex, Ivanhoe Cambridge II Inc. John Board Branch manager, Victoria, Kone Inc. Richard Lui Vice-president, real estate, western region, Polaris Realty (Canada) Ltd. Sylvie Mercier Principal, Read Jones Christoffersen Ltd. Steve Normann Vice-president, business development, Alpine Building Maintenance Inc.

Marc Ricou Senior vice-president, development acquisitions, QuadReal Property Group Warren Smithies Senior vice-president, Martello Property Services Inc. James Spooner Operations manager, Pinchin West Ltd. Isaac Zadka Senior vice-president, B.U.K. Investments Ltd.

EVENTS & EDUCATION

■Continuing education seminars ■Networking luncheons ■Lunch & learns for operators ■Quarterly events for ‘under-40s’

■Double-shotgun golf tourney ■Awards gala ■Christmas luncheon ■Ski day in Whistler

Learn more at www.boma.bc.ca/events-sponsorship/event-calendar

Platinum Mott Electric

Gold BFL Canada Insurance Services Inc.

GDI Integrated Facility Services

Silver Morguard Investments Ltd. Broadway Refrigeration & Air Conditioning Co. Ltd. ESC Automation Inc.

Corporate Electric Ltd. Somatic HVAC Solutions Trane Northwest

Bronze SerVantage Services Corp. Alpine Building Maintenance Inc. The Cadillac Fairview Corp. Triovest Realty Advisors (BC) Inc. Warrington PCI Management Chubb Edwards Envirosafe Janitorial Inc. Priority Building Services Ltd.

Bee-Clean Building Maintenance Control Solutions Ltd. Manulife Financial Real Estate Cascades Recovery Inc. Taylor Ryan Executive Search Partners Waste Management C&W Services

NATIONAL REACH LOCAL TOUCH

Janitorial Services Event Support Services

www.gdi.com | 604.872.7766 | info@gdi.com 3246 Beta Avenue, Burnaby, British Columbia V5G 4,4

00_Office Space 2017_01 2.indd 8

2017-05-03 10:28 AM


00_Office Space 2017_01 2.indd 9

2017-05-03 10:28 AM


10 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Briefs

Commercial sales topped $4 billion in 2016

Strata industrial sales soaring

I

I

However, approximately 43 per cent of the dollar volume for office transactions in 2016 was attributed to the historic sale of the Bentall Centre in Vancouver for $1.03 billion. Two other office deals exceeded $100 million in 2016, and five others exceeded $50 million, as the majority of sale activity was centred on Class A and B assets downtown that mostly transacted in the first half of 2016.

Feds confirm $2.2 billion for Metro transit

Land deals lead Metro pace

H

T

he 2017 federal budget earmarked $2.2 billion for Metro Vancouver transit improvements. It is the largest federal transit commitment in more than 20 years, according to civic officials. The transit priorities, outlined in a 10-year plan from TransLink, include upgrades to existing transit infrastructure, the construction of a Surrey light-rail line and a Broadway subway line in Vancouver. These two projects are expected to encourage future office development near Surrey Centre and the Broadway Canada Line station in Vancouver. Also on the list for Phase 2 upgrades are the replacement of the Pattullo Bridge, upgrades to existing SkyTrain stations, expansion of bus service and “continued improvements” to major roads. Metro mayors say the transit plan requires a matching

00_Office Space 2017_01 2.indd 10

n step with the office sector – and increasingly mixed with it – Metro Vancouver industrial strata units are selling at record prices, according to Jones Lang LaSalle (JLL). The weighted average price per square foot has increased 69 per cent in the past year to reach a new high of $217. The two most active submarkets for strata sales are Surrey and Richmond, which also have the highest inventory. Since 2005, Surrey has averaged 26 sales per quarter and Richmond has averaged 20. Surrey has approximately 2,335 strata units in the market, while Richmond has approximately 1,738. Developers are building more industrial strata units to capitalize on the high sale prices. Across Metro Vancouver,

commitment from the province to go forward. In April, the province broke ground on a new 10-lane bridge to replace the Massey tunnel linking Delta with Vancouver. Upgrades to the Pattullo Bridge do not meet the guidelines for the federal government’s transit funding, but the TransLink Mayors’ Council says it is considering options to facilitate funding. The province has already committed to funding a third of the costs to replace the aging Fraser River bridge.

eightened demand for land drove commercial real estate sales across the Lower Mainland to the highest level in five years in 2016, according to the Real Estate Board of Greater Vancouver (REBGV). A total of 2,848 sales took place last year, which was 21 per cent higher than the 2,353 transactions in 2015 and almost 30 per cent above the five-year average. The total dollar value of all sales reached $12.9 billion – up more than 47 per cent compared

there is 878,053 square feet under construction and another 694,254 square feet planned. Vancouver is the most active, with three separate strata industrial developments totalling 439,250 square feet, most in mixed-use commercial developments. The next most active submarket is Burnaby, where two developments totalling 188,947 square feet of strata are underway, JLL reports.

with $8.8 billion in 2015. “We saw steady activity across the commercial real estate market in 2016,” REBGV past president Dan Morrison says. For vacant land sales alone, a total of 1,177 transactions were recorded in 2016. This is 41 per cent higher than the 835 sales in 2015. The value of all land sales was $7.2 billion – more than 81 per cent higher than the just under $4 billion seen in 2015. This category includes sales of such property types as farmland, garden centres, vineyards and holding properties.

Metro commercial real estate sales Billions of dollars

nvestment in British Columbia’s commercial real estate market achieved record levels in 2016 with $4.1 billion flowing from the sales of 147 office, industrial and retail properties, including the first billion-dollar commercial real estate transaction in provincial history. These are among the key trends noted in Avison Young’s Year-End 2016 BC Real Estate Investment Review. The semi-annual report tracks B.C. office, industrial, retail and multi-family property sale transactions greater than $5 million. Office investment sales activity in B.C. generated record dollar volume in 2016 with 40 transactions valued at $2.4 billion, capturing an astounding 60 per cent of overall record dollar volume of $4.1 billion.

$14 12 10 8 6 4 2 2013

2014

2015

2016

SOURCE: REAL ESTATE BOARD OF GREATER VANCOUVER, COMMERCIAL EDGE

2017-05-03 10:28 AM


Managing over 6 million square feet of office, retail, industrial, residential, and strata properties for investor clients throughout BC.

Property Management Leasing Asset Management

Give us a call at 604-602-1887

www.warringtonpci.com

00_Office Space 2017_01 2.indd 11

2017-05-03 10:28 AM


12 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Briefs

Glass bearing walls for offices eyed

S

elf-bearing glass walls could be the coming thing in office design. This year the 2017 Green Good Design Awards, a prestigious international design competition, chose a Focus glass wall system from Teknion Corp. among the winners. “The Focus demountable wall system seamlessly integrates a variety of glass and solid fascias to create an array of modern workspaces,� says Paul Kruger, director of design for Teknion, which has an office in Vancouver. The glass wall system offers the capability to plan with single centred, single offset and double glass – in 10- or 12- millimetre thicknesses – in combinations with solid materials. The self-bearing glass and solid fascia walls allow for extensive design applications and easy installation,

TEKNION CORP.

according to Teknion. All options offer continuous transparency, balancing acoustic privacy with a sense of openness

and full access to natural light, the company says. The 2017 Green Good Design Awards are presented by the

European Centre for Architecture Art Design and Urban Studies, and the Chicago Athenaeum Museum of Architecture and Design.

Get what you need in the heart of your community r 4IPQT r "QQSPY TG r 4FSWJDFT UPUBM (-" r 'PPE $PVSU r MFWFM QBSLBEF r PĂŽDF UPXFST r /FBS $BOBEB -JOF r $MBTT " CVJMEJOH NBKPS USBOTQPSUBUJPO

We completed over 54,000 sq.ft. of ofďŹ ces in 745 Thurlow. Three full oors plus a very specialized award winning design for a leading Accounting ďŹ rm.

Financial | Accounting | Hi Tech

604-876-5165

www.mycitysquare.com 12th & Cambie

When you need to be impressed Taylor Carroll 604-313-5907 | Filip Tretjak 604-626-2100 Brian Carroll 604-880-2248 | OfďŹ ce: 604-683-8407

www.counterpoints.com

00_Office Space 2017_01 2.indd 12

2017-05-03 10:28 AM


LightRecycle is a FREE ƬUVW RI LWV NLQG UHF\FOLQJ SURJUDP IRU OLJKWV ODPSV Ƭ[WXUHV DQG EDOODVWV 'URS WKHP Rƪ DW D GHVLJQDWHG FROOHFWLRQ VLWH IRU QR FKDUJH RU FDOO 1-888-811-6234 DERXW RXU FREE ODUJH YROXPH SLFN XS VHUYLFH

00_Office Space 2017_01 2.indd 13

2017-05-03 10:28 AM


14 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Briefs

Victoria office vacancy plunges to 18-year low

V

ictoria’s once tame – and government-reliant – office sector has roared to life, posting the lowest vacancy rate since 2009 with record private investments cresting $110 million in 2016. The vacancy rate fell to 7.81 per cent at the end of 2016, compared with 9.54 per cent at the same time in 2015. Downtown, nearly all of the new Class A space is already leased. Vacancy is expected to continue to decrease throughout 2017 as no new supply is expected to reach the market until late this year or early in 2018. The first of the new space, the 125,000-square-foot Capital Park Phase 1 that completes this September, is already pre-leased to

00_Office Space 2017_01 2.indd 14

the provincial government. Capital Park’s second phase of 130,000 square feet doesn’t open until 2019. The second big project coming is 1515 Douglas Street, which will phase in 270,000 square feet during 2018. The new supply will have minimal effect on vacancy rates this year. “With the current downtown Class A vacancy at 1.07 per cent, it is clear there is pent-up demand for this new product,” says a report from Colliers International’s Victoria office. Class B and Class C buildings account for nearly 89 per cent of the total office space in Victoria, but the owners face a challenge: either improve the buildings or risk even higher vacancies. Tenants – increasingly high-tech firms – are “less tolerant of the

The first phase of Jawl Properties’ Capital Park completes in fall 2017 and is already pre-leased | JAWL PROPERTIES

aging office stock that has not been upgraded or properly maintained,” Colliers notes. The downtown vacancy rate for Class B space is 5.4 per cent while it is 13 per cent for Class C buildings. Of the region total of nearly 200,000 square feet of office

space that was taken up last year, 73,454 square feet was downtown and 123,224 square feet was in suburban locations. There were 21 office property sales during 2016 worth a total of $110.7 million, with 17 of those transactions downtown.

2017-05-03 10:28 AM


| 15

Five-year downtown office vacancy AND Absorption

2016 B.c. Commercial real estate investment sales

$819m

$2.4b

Industrial 20%

Office 59%

$819m

Retail 21%

2017 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

4.72 million

4.7%

$28-$46

A

8.03 million

9.8%

$22-$40

B

6.82 million

6.5%

$18-$34 $14-$25

C

3.13 million

6.1%

Total

22.7 million

7.2% Net rental (lease) rate is measured per square foot, per annum

metro vancouver outlier office performance District

Total inventory (square feet)

Vacancy rate

Absorption 2016 (square feet)

Yaletown

2.09 million

6.8%

-41,953

Broadway

6.26 million

10.7%

15,187

Burnaby

9.25 million

12.5%

246,115

Richmond

4.21 million

10.7%

54,082

Surrey

2.85 million

15%

237,051

North Shore

1.37 million

7.9%

7,751

1.68 million

17.4%

-40,772

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

ALL INFORMATION COURTESY OF AVISON YOUNG, VANCOUVER

To inquire about our services or to receive our Research Reports,

Please call: 604.687.7331

avisonyoung.com


16 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

STANFORD

NORTH

Uniquely wired eight-phase City Centre office hub aims to link global medical-technological community from the heart of Surrey FRANK O’BRIEN

A

n ambitious plan by Vancouver developer Lark Group to transform Surrey’s former Whalley area into what has been called a “Stanford University-type” medical research hub is gaining serious traction. Lark, with partner Dayhu Group, has sold out the first of eight office towers it has planned for its Health and Technology District. The second tower, now under construction, has sold at least 60 per cent of its 172,000 square feet of office space at more than $500 per square foot. In all, the development will cover approximately

00_Office Space 2017_01 2.indd 16

one million square feet of office and retail space next to Surrey Memorial Hospital in a 600-hectare City Centre redevelopment that has seen $12 billion in new construction over the past 10 years. City Centre is already home to Surrey City Hall, a Simon Fraser University (SFU) campus, a Kwantlen

2017-05-03 10:28 AM


| 17

Rendering of the Health and Technology District at Surrey’s City Centre: approximately one million square feet of office and retail space will be built out in less than a decade | LARK GROUP Larry Fisher, president of Lark Group, with consultant Rowena Rizzotti, vice -president of health care and innovation: City Centre complex will include more than one million square feet of office space, much of it sold as strata | CHUNG CHOW

Polytechnic University campus, the Jim Pattison Outpatient Care and Surgery Centre and the 50-storey 3 Civic Plaza hotel and residential complex, Surrey’s tallest building, as well as scores of new condominiums. It also has two SkyTrain stations. Lark’s Health and Technology District is part of

00_Office Space 2017_01 2.indd 17

Innovation Boulevard, a City of Surrey initiative to create a medical and technology hub in B.C.’s fastest-growing city. Lark president Larry Fisher says advanced connectivity has looped City Centre into the B.C. and global medical community. The project is not only backboned with

2017-05-03 10:28 AM


18 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Stanford North

LARRY FISHER PRESIDENT, LARK GROUP

The Health and Technology District will inject $1.1 billion annually into the local economy

fibreoptics, but also linked with the Canarie Network, an international research and education Internet service used by 75 Canadian universities, including SFU and the University of British Columbia, and major hospitals, including Surrey Memorial. Canarie’s external networks extend to international research and education exchanges such as Pacific Wave in Seattle, StarLight in Chicago, and Manhattan Landing in New York City. Fisher says City Centre has used anticipatory design for technology, and increasing floor heights in some areas, to make space more flexible to address client needs. He says such planning must be done early. “Once we get the concrete trucks moving, we don’t like to make changes. That is when it gets costly,” Fisher says. While there is an option to buy or lease space in the Lark office towers, more than 90 per cent of offices in the first tower sold to doctors and other members of the medical community, according to Colliers International vice-president Jason Teahen, lead agent on the project. Fisher says “we don’t like to advertise it” but investors are also allowed to buy office space and rent it to others. Demand for the second tower proved something of a surprise, Teahen says, because of the strong take-up by the technology sector. Surrey-based Safe Software Inc., a big-data tech firm, has purchased the top four floors with an option on the eighth floor, he says. Many other

first buyers are also linked to the tech sector, he adds, including U.S.-based Helius Medical Technologies. Lark has also signed a partnership agreement with Israel-based Center for Digital Innovation, which has taken space in the second tower’s innovation hub. Fisher estimates “the Health and Technology District will inject $1.1 billion annually into the local economy” once construction is completed in less than a decade. The district will also create an estimated 15,000 jobs. In an innovation for an office strata project, Lark, which is familiar with hospital construction, overbuilt the parking. Strata parking stalls sell for $30,000 each, and income from fees on the excess space next to Memorial Hospital will help cover the owners’ strata fees. “Eventually, we think it will pay all the strata fees,” Teahen says. Developer Charan Sethi, president of Tien Sher, which has built four condominium projects in City Centre and is planning three new residential towers in the area, says he was “blown away” by the potential of Lark’s development. Sethi calls it “Stanford North.” “This is creating a Stanford University-type of medical and technology centre for Metro Vancouver,” he says, referring to California’s world-famous Stanford education and medical complex 60 kilometres south of San Francisco. É

COMMERCIAL PROPERTY OWNERS VALUE DIANE’S OPINION Tel: 604.299.4455 Fax: 604.299.4453 info@cityelevator.ca City Elevator Ltd. 3657 Wayburne Drive Burnaby, BC V5G 3L1

Diane is an AIC-designated appraiser, a Canadian real estate valuation expert. Owners and investors of commercial properties rely on AIC appraisers – AACI™ and CRA™ – for unbiased opinions and trusted advice on the value of real estate, including expert testimony before judicial and quasi-judicial bodies. If it involves real estate, involve an AIC-designated appraiser.

Appraisals | Consulting | Appraisal Review

MAINTENANCE s MODERNIZATIONS s REPAIRS

www.cityelevator.ca

00_Office Space 2017_01 2.indd 18

Reserve Fund Studies | Due Diligence

Find an AIC-designated appraiser

AICanada.ca/British-Columbia

2017-05-03 12:47 PM


00_Office Space 2017_01 2.indd 19

2017-05-03 10:28 AM


20 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

BODY

HEAT

Vancouver tech companies find workers want to be close to where their peers are – and, increasingly, that is not in a shiny downtown office tower

PATRICK BLENNERHASSETT

A

s Vancouver’s technology sector continues to expand, the demand for office space is being forced to pivot from the core – and Class B buildings in Gastown are proving a prime destination.

Rob Goehring, chief executive officer for RewardStream,

The movement could be seen as a response to what Vancouver’s Gregory Henriquez of Henriquez Partners Architects calls “body heat” – the desire for like-minded urban individuals to congregate in one place. Apparently, what 25- to 34-year-old tech workers really want is to be close to other 25- to 34-year-olds. The Vancouver Economic Commission now estimates as many as 75,000 Vancouverites work in the industry, while tech companies make up 33.8 per cent of the demand for new office space across the city. Local startups are looking for a new style of building, a far cry, some say, from the monotonous office towers that line many downtown and even Broadway enclaves. Rob Goehring, chief executive officer for RewardStream, an online referral marketing company, moved his team last October from the Broadway Tech Centre looking to change both the esthetics and culture of his business. “For us, the big push was to get back downtown and get embedded within that technology community,” he says. “And in the process, we’ve completely inverted our commuting; now most of our staff can walk to work.” Goehring says the choice was between Yaletown and Gastown, and Vancouver’s oldest neighbourhood, Gastown, won out due to cheaper leasing rates.

00_Office Space 2017_01 2.indd 20

Downtown Vancouver’s office vacancy rate has dropped from 9.3 per cent in 2015 to 7.2 per cent last year as a slew of new buildings that opened in 2014 were absorbed – the most notable being Industrial Light & Magic Inc. snatching up 52,380 square feet at 1 Alexander Street and 21 Water Street in Gastown. The Aquilini Investment Group’s decision to occupy more than 44,000 square feet of its recently completed mixed-use development at 89 West Georgia also contributed to a decline in vacancy. RewardStream set up shop at 440 Cambie Street, a 36,000-square-foot building originally built in 1910 that features Gastown’s distinct bricks-and-mortar style. Goehring says he felt a need to get back downtown – RewardStream had previously leased in Yaletown before moving to Broadway – to both retain top talent and expand the company’s working network. “On Thursday and Friday of last week alone I had five coffee meetings with potential investors and partners all within two blocks of our office,” he says. “So just being able to pop out for a few blocks and do that makes a huge difference. We can also walk to all the technology events being held around the city, whereas it used to be a SkyTrain, or Car2Go or drive, which did inhibit some trips from taking place.”

recently moved his company from the Broadway corridor to Gastown to get embedded with the burgeoning tech scene | ROB KRUYT Old brick-and-beam office space at 112 West Hastings Street has lease rates similar to rents in modern Class A towers in the downtown core | SUBMITTED

2017-05-03 10:28 AM


| 21

ROBIN BUNTAIN PRINCIPAL, AVISON YOUNG

What we see now is the rents in Gastown and Yaletown are competing with quality product in downtown Vancouver

Goehring also notes RewardStream is currently subleasing a portion of its space to Noomii, which gives his company room to grow if needed. Landowners across downtown Vancouver are also being forced to write much shorter lease agreements, he says, as many technology companies are highly volatile while in the startup phase. Many promising startups and technology companies have set up in Gastown recently, including Appnovation Technologies, an open-technology service company that leased 24,380 square feet at 190 Alexander Street last year. Downtown Vancouver currently has 1.5 million square feet of head lease vacancy, which is more than all of Burnaby. Downtown Vancouver also currently has the lowest office

00_Office Space 2017_01 2.indd 21

space vacancy rate across Metro Vancouver, about two per cent below the region’s average of 9.2 per cent. Robin Buntain, a principal with Avison Young, says the technology companies looking to set up shop are looking for a very distinct style of office space – partially out of need due to less capital, and partially out of want. “It just offers something else,” he says as to why they’re shying away from traditional office towers and choosing areas like Yaletown and Gastown. “It’s funky, it’s unique, it’s different, it’s got that post-industrial look, and it just goes with their whole culture. They don’t show up to work in a suit and tie; they’re coming to work in jeans and casual clothes.” The shifting corporate culture has also forced developers to rethink leasing opportunities. Lululemon Athletica founder Chip Wilson’s family real estate company has been rapidly buying up property primarily in East Vancouver and plans to have a portfolio worth $1.5 billion within 10 years. The company, Low Tide Properties, is offering leased office space at its four-storey 112 West Hastings Street, a heritage building in Gastown. SpaceList quotes triplenet office rents there at $43.50 a square foot. This is edging close to the Class A triple net lease rate in downtown Vancouver, which ranges from $40 to $64 per square foot, according to Avison Young’s 2016 year-end office market report.

2017-05-03 10:28 AM


22 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Body heat

Downtown Vancouver office leasing by industry type, 2016 Total leases in 2016: 1,413,100 square feet

Technology 478,020 sq. ft.

Other 251,400 sq. ft.

Finance & accounting 194,230 sq. ft. Law firms 175,300 sq. ft. Education 30,600 sq. ft.

Engineering & architecture 146,500 sq. ft. Real estate 81,250 sq. ft. Resource/energy firms 55,800 sq. ft.

NOTE: INCLUDING NEW LEASES, EXPANSIONS AND RENEWALS. INCLUDES DOWNTOWN AND GASTOWN (LEASES GREATER THAN 10,000 SQUARE FEET) AND YALETOWN SUBMARKETS SOURCE: AVISON YOUNG RESEARCH

Emre Akkas, chief technologist for Globalme, a localization and translation technology company, says his company was previously close to the Provincial Court of British Columbia on Main Street. However, he moved it to Gastown (353 Water Street) last year, primarily because rent was cheaper and the look fit his business’ style better. “They were a little too finance-slash-law-looking,” Akkas says of his company’s previous space. “Our office in Gastown is a better cultural fit for our company. It is nice to step out onto Water Street as it is a vibrant environment, especially in the summer. We are a block away from Waterfront station and major car-sharing parking lots. None of our employees drive to commute, so being accessible is important.” Buntain says the wave of office space that came to the market around two years ago has mostly been leased with a boom of visual effects companies popping up. He notes there are no major projects expected to open until 2021, which includes the two Bentall Kennedy buildings (1090 West Pender Street and 349 West Georgia Street) that will add well over a million square feet of downtown office space to the mix. Buntain adds as demand for a new style of office space continues, the market will respond and already has. “What we see now is the rents in Gastown and Yaletown are competing with quality product in downtown Vancouver,” he says. “The one thing that may still be a little less expensive is your property tax component.” É

Rebates for your business Save money on your energy bill Upgrading to high-efficiency natural gas systems can save you money, so you can focus on your business. That’s energy at work. Discover how at fortisbc.com/bizrebates.

FortisBC uses the FortisBC name and logo under license from Fortis Inc. (17-124 04/2017)

00_Office Space 2017_01 2.indd 22

2017-05-03 10:28 AM


00_Office Space 2017_01 2.indd 23

2017-05-03 10:28 AM


24 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

SHELTER FROM THE

STORM As headwinds rise in Brexit’s wake, European investors join those from China seeking a safe real estate haven in a yield-starved world

PETER MITHAM

JON RAMSCAR SENIOR VICEPRESIDENT, CAPITAL MARKETS, JONES LANG LASALLE

The scale and nature of the Asian market has been on the increase. I wouldn’t say the European investment has changed from a year-on-year typical appetite

00_Office Space 2017_01 2.indd 24

“C

anadian commercial real estate is at the intersection of two powerful investment trends: the search for hard assets in order to generate yield in a yield-starved world and Canada’s increasing status as a safe haven in a world of growing geopolitical uncertainty,” observes Paul Morassutti, executive managing director with CBRE Ltd., in assessing the investment outlook for Canadian real estate in 2017. In Vancouver, commercial investment transactions totalled $8.1 billion in 2016, or 23 per cent of the national total of $34.7 billion. This is expected to continue in 2017, with foreign players remaining a key element. CBRE reports that foreign buyers accounted for 27 per cent of all worldwide investments worth $10 million or more in 2016, with Chinese investors representing the majority. CBRE broke down the sources of foreign investment in Canadian commercial real estate through the first half of 2016. The findings proved somewhat surprising. “When you break down the sources of foreign capital in 2016, buyers from China and Hong Kong make up 65 per cent of foreign capital transactions by volume,” Morassutti says. “However, what is even more interesting is nearly a third of the total foreign investment volume came from European buyers. This is more than double the historic five-year average and appears to reflect the growing geopolitical uncertainty in the EU [European Union].”

While new restrictions on capital outflows from China could put a damper on activity and the U.K.’s decision to leave the European Union turning investors’ attention to North America, many in Vancouver expect Asia to remain the leading source of investment in 2017. Jim Szabo, who with Tony Quattrin leads CBRE’s national investment team in Vancouver, sees no indication that investment from Europe will edge out Chinese capital. European investors remain small players, engaging in just one of last year’s big deals, he notes. “Royal Centre – that was the only one,” Szabo says. “It was a big one, it was $425 million, but it was one deal, whereas if you’re looking for a trend, I would say the mainland Chinese are more of a trend than one European buyer, which is more of an anomaly.” The past three years have seen Chinese investors push foreign involvement in Vancouver commercial real estate deals from 15 per cent to 44 per cent. “I don’t see that going higher – it might stay at that level

2017-05-03 10:28 AM


| 25

Jim Szabo, vice-chairman, capital markets, CBRE Ltd: “these groups are not just parking money. They’re actually developing properties” | SUBMITTED The Royal Centre office tower in downtown Vancouver sold to European investor KlausMichael Kuehne of Germany: local agents don’t see the $425 million deal as a harbinger of a big wave of European investors | CHUNG CHOW

00_Office Space 2017_01 2.indd 25

2017-05-03 10:28 AM


26  |  OFFICE SPACE 2017 published by Business in VAncouver

Shelter from the storm

Foreign investment in Canadian commercial real estate 2016 Investments of more than $10 million

China-based investors 65% ($6.2 billion)

U.S. & other country-based 2% ($191 million)

European-based investors 33% ($3.1 billion) Source: CBRE

for 2017, in that 40 per cent range,” Szabo says, pointing to the restrictions facing Chinese capital flows. He expects the proportion to decrease further in 2018 and 2019, but remain relatively high. “Over the next two to three years I would see that mitigating, but not pulling right back,” he says. “A lot of these groups have their money out of China already, sitting in accounts outside of China, so I still see some relatively steady investment here.” CBRE’s national outlook underscores the “ample reasons to believe that Vancouver investment activity will be sustained,” including the flight to safety and quality among global investors as well as interest in gateway cities with rare properties. This bears out what Jon Ramscar, senior vice-president with Jones Lang LaSalle (JLL) and leader of its capital markets group in Vancouver, sees among investors.

Maximize

your return on investment

“We just don’t have very many opportunities to meet the demand of that capital,” he says, pointing specifically at inflows from Asia, which – despite uncertainties in Europe and even the U.S. – continue to trump alternative sources. “The scale and nature of the Asian market has been on the increase. I wouldn’t say the European investment has changed from a year-on-year typical appetite.” Still, investors from China are cautious. “We’re in a funny place right now with the regulations around Chinese capital outflows,” Ramscar says, noting that interest remains high and many deals – but not all – are still happening. “We’re still seeing money coming through and investments taking place, and we suspect that’s because a lot of that money was already transferred in advance … but there have been some large-scale transactions just [been] before Christmas that have either been put to a halt or they’ve just put on the side burner till things pan out with the regulations.” The deferral of purchases means that a fresh wave of capital could pour into Vancouver in the second half of 2017 as the new rules of the game become clear. The kinds of properties being sought are increasingly those with future redevelopment potential, often as transit-oriented mixed-use sites with a residential component. This has long been the case with retail properties, but investors are now targeting office properties, with JLL handling listings such as Queens Court in New Westminster and CBRE listing Pacific Business Centre near Lansdowne mall in Richmond. “We’re seeing some offerings at pretty aggressive prices for office buildings, on the basis of future higher and better use,” he says. Tenants have little to worry about in the interim, however, as most owners, whether domestic or foreign, are hiring professional management firms to oversee their acquisitions. Most are taking a keen interest in making the most of their purchases rather than simply finding a safe haven, Szabo adds. “These groups are not just parking money,” he says. “They’re actually developing properties.” 

Get our experience working for you. Commercial Leasing Leader C. Nicole Mangan | 604.661.9257

Dispute Resolution H. Scott MacDonald | 604.661.9217

RichaRds Buell sutton

llP

RBS.CA


00_Office Space 2017_01 2.indd 27

2017-05-03 10:28 AM


28 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

FINAL

FRONTIER Vancouver’s False Creek Flats poised for office boom

PETER MITHAM

F

ifteen years after Finning International Inc. left the flats of False Creek, bequeathing 18.6 acres of its property on Great Northern Way to the University of British Columbia, Simon Fraser University, the British Columbia Institute of Technology and the Emily Carr University of Art and Design, the area is finally coming into its own as the office hub it was long intended to be.

Jake Luft, senior associate with Avison Young in Vancouver: “there’s a lot of land there that’s ripe for redevelopment” | SUBMITTED

00_Office Space 2017_01 2.indd 28

With more than 20 years of city planning fuelling a vision for a high-tech future, the flats are adding life sciences, educational and cultural uses to their historical and strategic position as a rail corridor. “Southeast False Creek is the area of most rapid transformation in Vancouver right now,” says Kevin Nelson, a senior vice-president with CBRE Ltd. who specializes in tech space. The key fibre optic line serving the city’s tech companies enters the city alongside the rail lines, and with close proximity to SkyTrain and plans for the Millennium Line extension along Great Northern Way to Broadway and the west side, genuine redevelopment of the area is finally taking shape. The infrastructure’s here, and developments including Emily Carr’s new campus and corporate head offices are following. “The area is poised to become an important and vibrant

work-and-live epicentre in a few short years,” Nelson says. The change represents more than two decades of efforts. City staff outlined a vision for the area in a key 1996 report that was updated in 1999 and again a couple of years later as the tech boom and life sciences companies moved in. Then, as now, the area was seen as the next frontier beyond Yaletown. Original plans called for up to nine million square feet of office space accommodating 20,000 to 30,000 workers in the area bounded by Main Street and Clark, Venables and Great Northern Way. Today, the vision is for doubling jobs space to 11 million square feet, up from a current total of 5.4 million. The city still targets a working population of 30,000 (up from 8,000 today), but the jobs space will be denser, with provision made for both existing industrial uses

2017-05-03 10:28 AM


| 29

as well as next-generation office space. Street networks and walkways will let pedestrian and vehicle traffic move both around and through the area, creating a more porous site than the railyards allow. “We have to protect Vancouver’s industrial core and affordable commercial space,” says Ingrid Valou, who handles communications for the Vancouver Economic Commission. “[This] means having the space to do it – which means densifying the False Creek Flats.” This means more multistorey properties, often along the lines of what Chard Development Ltd. is doing at 34 West 7th in Mount Pleasant, where three levels of office will sit above industrial space on the first floor. This is what PC Urban plans for the Able Auctions site at 1055 Vernon Drive in the northeastern quadrant of the flats. Yet plans are afoot for pure commercial space. While development has taken place either side of SkyTrain guide rail along Terminal Avenue, the removal of the downtown viaducts will open space to mixed-use developments hosting both jobs space and residential uses. Construction of a new St. Paul’s Hospital and health-care campus on the 17-acre property north of Pacific Central Station formerly home to Burlington Northern will create a hub for health care within the inner city as well as high-paying jobs.

00_Office Space 2017_01 2.indd 29

Rize Alliance Properties Ltd., which continues with its award-winning Containers on Terminal development, recently partnered with Pioneer Investments Ltd. of West Vancouver to redevelop 1296 Station Street with an office block oriented to the adjacent Main Street-Science World SkyTrain station. Farther east, the city sold its property at Clark and Great Northern Way to Nature’s Path Foods Inc. for office development. Plans aren’t yet defined, but with Mountain Equipment Co-op’s new head office nearby, it represents one of a number

Vancouver’s Georgia Street viaducts will suffer early demolition to usher in the future of False Creek Flats redevelopment | ROB KRUYT Vancouver city planning guide details future development on the flats, after removal of the Georgia Street viaducts | CITY OF VANCOUVER

2017-05-03 10:29 AM


30 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Final frontier

Rendering of the new St. Paul’s Hospital and health-care campus to be built on a 17acre property north of Pacific Central Station. The project will include medical office space | PROVIDENCE HEALTH CARE PCI Group’s 160,000-squarefoot office complex at 569 Great Northern Way – already 60 per cent leased – is the largest new office project slated for False Creek Flats | PCI GROUP

00_Office Space 2017_01 2.indd 30

of well-known Vancouver companies choosing to locate here. Perhaps the biggest office development on the books is PCI Group’s plans for 160,000 square feet at 569 Great

Northern Way, where Kit and Ace has taken 95,000 square feet. Kit and Ace is the brainchild of activewear entrepreneur Chip Wilson, also the principal of Low Tide Properties Ltd., which recently acquired 901 Great Northern Way for future development. While the southern half of the flats is seeing the most action right now, Jake Luft, a senior associate with Avison Young in Vancouver, expects that to change once Vancouver council endorses the plan staff have drafted for the area. “Anyone that owns sites or has sites under contract or anticipates buying sites, a lot of their plans are waiting for [the False Creek Flats] plan approval,” he says. “There’s a lot of land there that’s ripe for redevelopment. … Density will be increased, and it’s going to be absorbed as the market can do it.” É

2017-05-03 10:29 AM


| 31

PATH TO

ZERO EMISSIONS A technical perspective on the “aggressive” plan to push new office buildings into a zero-emissions world

ROD YEOH

F

or many years the City of Vancouver has been striving to be “the greenest city in the world.” Through its Greenest City Action Plan, Vancouver has made a lot of progress towards this goal. As a further step, the city recently released its new Green Buildings Policy for Rezonings. This policy was reported in November 2016 and comes into effect on May 1, 2017, when rezoning applications within the city of Vancouver must meet these new requirements. What are these requirements and how do they affect the commercial building sector? As its title suggests, the main goal of this policy is to move buildings towards a low or near zero emissions (carbon) goal. The policy provides various options for meeting these targets, such as Passive House or the International Living Future Institute’s Net Zero Energy Building Certification; however, this article will focus on the path that most applicants will likely take. This requires meeting specific annual total energy use intensity (TEUI), thermal energy demand intensity (TEDI) and greenhouse gas intensity (GHGI) targets.

00_Office Space 2017_01 2.indd 31

2017-05-03 10:29 AM


32 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Path to zero emissions

Building type

TEUI (kWh/sqm)

TEDI (kWh/sqm)

GHGI (kgCO2/sqm)

Residential low-rise (<7 storeys)

100

15

5

Residential highrise (7+ storeys)

120

32

6

Office

100

27

3

Retail

170

21

3

Hotel

170

25

8

All other buildings

EUI 35% below ASHRAE 90.1 - 2010

Higher-performance, tripleglazed windows – and other measures to reduce greenhouse gas emissions – are mandated on all new Vancouver office buildings under the city’s new Green Buildings Policy for Rezonings | LARRY O’BRIEN

00_Office Space 2017_01 2.indd 32

TEUI is the total amount of energy a building uses per square metre in a year (ekWh/sqm). TEDI is the energy used to heat and cool a building in a year. GHGI is the equivalent carbon emissions that result from the energy used by the building in a year. The above table summarizes these requirements for buildings not connected to a city-recognized low-carbon-energy system, which will be most buildings. What does this mean for new commercial buildings? Let’s review the requirements for new office

buildings. For reference, per survey data from the Building Owners and Managers Association (BOMA), the average TEUI for a Level 4 BOMA BEST certified commercial office building in 2014 was 186 ekWh/ sqm. Note that Level 4 certification represents fairly high-performing buildings in terms of energy use. The new City of Vancouver target is 100 ekWh/sqm. While this is an aggressive target, it isn’t as difficult to achieve as it sounds. This TEUI target is a modelled energy target, and is based on specific energy modelling rules and assumptions that the city has published. These rules and assumptions will generally result in lower modelled energy use than the building would use once completed. My firm, Dialog, has completed energy models for various types of buildings in relation to the new rezoning policy, and has found that generally, with good building envelope design and high-performance building systems that are common today, the TEUI targets can be met. On the other hand, the TEDI and GHGI targets will be more difficult to meet. The TEDI targets are aggressive, and unlike with the TEUI, the modelling assumptions and rules will not significantly reduce the modelled TEDI. For reference, the average BOMA BEST Level

2017-05-03 10:29 AM


| 33

Envirosafe Janitorial Inc. A clean healthy workplace is our mission 4 building with a TEUI of 186 ekWh/sqm mentioned above would likely have a TEDI somewhere between 50 and 90 ekWh/sqm. The rezoning target for office buildings is 27 ekWh/sqm. There are some strategies that could be incorporated to help meet these TEDI targets; however, these are not currently typically included in commercial buildings. Examples include triple-glazed windows, heat recovery ventilation and other forms of heat recovery, increased building envelope insulation, and highly efficient building heating and cooling systems. The other requirement that may cause some difficulty is the GHGI targets. This is because most commercial buildings are heated by natural gas, which has a relatively high greenhouse gas (GHG) emissions factor. With 97 per cent of our electricity in B.C. generated by hydro, our electricity has a very low GHG factor. For comparison, the GHG factor for electricity is 0.011 kilograms carbon dioxide equivalent per kilowatt hour (kgCO2e/kWh), while the factor for natural gas is 0.185 kgCO2e/kWh, almost 17 times higher than that for electricity. To meet these factors, the use of natural gas should be very closely scrutinized and, where possible, switched to electricity. An option is to use renewable natural gas (RNG). RNG is generated as a byproduct from other organic processes, such as landfills, farms and waste-water treatment facilities. The problem with this option is that demand for RNG is already outstripping current supply. As demand for RNG increases, it may become more economically viable to increase supply. This brings us to the final question that I’m sure is on everyone’s mind. How will the new City of Vancouver rezoning requirements affect the cost of commercial buildings? As with any new requirement, there will be an initial learning curve for the industry, and this will result in an initial increase in the cost to construct new commercial buildings. However, similar to the LEED (Leadership in Energy and Environmental Design) rating system, as the industry adapts, the systems and strategies required will soon become common, and the costs will level out. É

We specialize in carpet cleaning, window cleaning, janitorial services, floor stripping and finishing since 1988. Contact @ 1-866-2MISAFE (1 866-264-7322) 604-220-6657 Cell 604-507-5535 Office Fax: 604-507-7727 Email: service@ienvirosafe.com 4 – 8456 – 129A Street, Surrey, BC V3W 1A2

METER DESIGN & MANUFACTURING. ENERGY ANALYTICS & REPORTING. TRANSPARENT BILLING.

Real-time data collection allows you to monitor energy performance and detect deficiencies. Effectively manage your systems and benchmark future investments!

VISUALIZE. ANALYZE. MOBILIZE.

Rod Yeoh, P.Eng., P.E., LEED AP BD+C, is a principal of Dialog, Vancouver. Yeoh’s work with Dialog includes the award-winning City of Vancouver National Avenue Works Yard, the first building to be LEED certified by the Canadian Green Building Council; the Fred Kaiser Engineering Building at UBC, acclaimed for its energy efficiency; and several BC Hydro facilities designed to meet LEED Gold and Platinum equivalents. Visit www.dialogdesign.ca.

00_Office Space 2017_01 2.indd 33

2017-05-03 10:29 AM


34 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

ENERGY BENCHMARKING: CORNERSTONE OF STRATEGIC ENERGY MANAGEMENT Collecting the right information consistently is critical to formulating an effective energy management plan for any office building DANIEL KLEMKY |

T BOMA BC prefers benchmarking tools that have mandatory verification requirements

00_Office Space 2017_01 2.indd 34

he practice of benchmarking the energy use intensity of a building or portfolio of buildings is relatively simple, but the information collected is critical to develop an effective strategic energy management plan or to certify under a holistic building sustainability program (e.g., energy, water, waste, occupant engagement). Regular benchmarking provides a comparison of a building’s current performance to its own past performance and the performance of compa rable bu i ld i ngs. T h is information allows the building management team (i.e., owners, managers and operators) to be better informed on how well their real estate portfolio is operating and where to focus efforts to reduce consumption. When the building management team implements energy conservation initiatives they can be more confident that the project will result in lower operating costs, increased marketability of rentable space, higher rental rates, reduced greenhouse gas emissions and higher overall asset value of the property. The Building Owners and Managers Association of BC (BOMA BC) supports the concept of benchmarking the energy use intensity of buildings. However, BOMA BC’s preferred tools for benchmarking are building environmental certification programs (e.g., BOMA BEST 3.0) and advanced energy management information system (EMIS) software (e.g., BOMA uTrack) that have mandatory third-party verification requirements or data quality

assurance processes. These types of tools provide energy benchmarking and are often integrated with Energy Star Portfolio Manager (PM), but they go beyond benchmarking and have been proven to help improve the energy efficiency and environmental responsibility of buildings. As buildings certify under sustainability programs or use advanced EMIS tools they are engaging in a form of continuous optimization. EMIS data is often done in real time or on a billing cycle which provides a continuous update on performance that the building team can use to track progress or identify issues. Certification programs typically run on a three- to five-year re-certification cycle, meaning that the building team will be required to reassess their buildings at a granular level, giving them the opportunity to identify ways to further optimize their building’s performance. Benchmarking information can also be used by governing bodies to develop policies and regulation that targets energy conservation more effectively. Many U.S. cities and states as well as Ontario have already implemented mandatory building energy benchmarking and reporting requirements. However, an issue with data reliability has been identified in a number of these U.S. cities, which has negatively impacted the ability of governing bodies to use reported benchmarking information reliably. Therefore, it is imperative that benchmarking data is accurate so it can be used with confidence in regulatory or policy development, which is one of the reasons why BOMA BC prefers

benchmarking tools that have mandatory verification requirements. There is a trend throughout the U.S. and Europe for the public disclosure of building energy benchmark information, also known as “building labelling.” However, because of privacy laws, data access limitations and other unforeseen consequences, BOMA BC does not support building labelling. BOMA BC does support the disclosure of building energy use information with the following caveats: ■The information is disclosed in aggregate form by governing bodies and no individual owner or organization is identified (e.g., information is used to inform the development of targeted energy efficiency policies or incentives). ■The information is disclosed in such a way that an individual owner or organization will benefit from the disclosure (e.g., owners are celebrated or rewarded for energy efficiency efforts). ■The information is not used in a way that will create an unfair business environment for an individual owner or organization (e.g., unfairly labelled as a poor-performing building). Until such time that public disclosure or building labelling actually increases the energy performance of buildings, BOMA BC recommends that efforts by governing bodies be focused on helping buildings improve their energy efficiency through appropriate policies and incentives that have been proven to help transform the built environment to become more efficient (e.g., direct energy management

2017-05-03 10:29 AM


| 35

assistance and education). Bench ma rk i ng shou ld be a comp onent of ever y b u i ld i n g management strategy, and with the availability of environmental certification programs (e.g., BOMA BEST), advanced energy management software (EMIS) (e.g., BOMA uTrack powered by PUMA), and the free energy and water benchmarking tool PM, there is a program that should work for the needs of every organization. To further address the topic of benchmarking energy use intensity information of buildings across Canada, BOMA BC has developed a best-practice document that offers a flexible, pragmatic and cost-effective approach to benchmarking and reporting building energy use information. The document outlines the

different avenues that can be taken to benchmark a building’s energy use intensity and is intended to help educate building owners, managers, operators and service providers on how to implement a benchmarking strategy that works for their organization. The building energy benchmarking and reporting best practice was developed in consultation with senior managers, sustainability professionals and building operators from over 20 member organizations. The best practice was created by combining common elements that are used by member organizations to ensure accuracy and cost efficiency when benchmarking and reporting the energy use intensity of their real estate portfolios. For more i n for m at ion ab out b ench m a rk i n g or a ny of you r

sustainability needs, contact BOMA BC at 604-684-3916 or visit our website, www.boma.bc.ca. É Daniel Klemky is the manager of energy and environment at BOMA BC. He has worked on a wide array of sustainability initiatives during this time, such as energy management assistance, deployment of electric vehicle infrastructure, advancement of smarter waste management systems, and sustainable building certification (i.e., BOMA BEST). Daniel holds a master of arts in environment and management. He is a certified energy manager and has an advanced certificate in sustainable energy management.

2017 | BOMA BC LEASING GUIDE | COMMERCIAL REAL ESTATE

OFFICE SPACE MEDICALTECH HUB RISES IN SURREY GASTOWN’S BODY HEAT

FALSE CREEK FLATS: THE FINAL FRONTIER ZERO-EMISSIONS MAY DEFINE NEW VANCOUVER OFFICE TOWERS OFFICIAL ICIAL IAL AL PUBLICATION PU PUBL PUBLICAT P

PUBLISHED BY

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

FOREIGN BUYERS

STACKING STRATA

BOMA BC AWARDS

TO BOOK YOUR 2018 OFFICE SPACE AD Call Marie at 604-608-5158 or email mpearsall@biv.com Space Close: March 24, 2018

2014 BOMA Canada National Pinnacle Award for Customer Service 604.985 .7141

00_Office Space 2017_01 2.indd 35

www.SerVantage.ca

2017-05-03 10:29 AM


36 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

STACKING STRATA Stacking and selling office space above light industrial proves transformative in off-market Vancouver neighbourhoods

Sophisticated strata office space above low-impact industrial appears a winning combination, represented in these renderings of Conwest Group’s Ironworks project, just off Hastings Street in East Vancouver | CONWEST GROUP

00_Office Space 2017_01 2.indd 36

2017-05-03 10:29 AM


| 37

FRANK O’BRIEN & PETER MITHAM

D

eveloper Conwest left money on the table but company COO Ben Taddei has few regrets about the risk taken with the $14.5 million purchase of an old industrial site in East Vancouver three years ago.

Early this year, as city and company officials symbolically broke ground on the mixed-use Ironworks project, half of the floor space had already sold at $330 to $600 per square foot and Conwest was beating investors off with a stick. The site, at 200 Victoria Drive just north of East Hastings Street, falls under a 2009 spot zoning initiative of the City of Vancouver that bonuses higher density for job-generating projects in East Vancouver. The 2.3-acre site was awarded a 3 FSR (floor space ratio) that would have allowed Conwest to develop 300,000 square feet in the first stacked industrial and office project in the city. “But we were conservative,” Taddei explains. “It was risky, so we went with 2 FSR, 200,000 square feet.” Conwest Group of Companies, a Vancouver-based firm, quickly discovered there was pent-up demand for such strata commercial space from a wide range of local industrial and office tenants.

00_Office Space 2017_01 2.indd 37

BEN TADDEI COO, CONWEST GROUP OF COMPANIES

If we knew then what we know now we definitely would have gone 3 [FSR, floor space ratio]

“If we knew then what we know now we definitely would have gone 3 [FSR],” Taddei says with a laugh. He adds that Ironworks attracted a great deal of interest from investors hoping to buy space and then lease it back to tenants, but Conwest strictly restricted sales to owner-occupiers of local companies. The formula has proven so successful that Conwest is now developing two similar strata projects, including one on Southwest Marine Drive in Vancouver. When it completes in 2019, the block-big Ironworks will be composed of two buildings designed with groundfloor light industrial and warehouse space – complete with 26-foot-high ceilings and loading docks – and showrooms, with office space above. The buildings are divided into units that range from 3,000 square feet to 14,000 square feet and can cover multiple floors. The city’s light industrial zoning allows everything from grinding coffee to baking bread or creating video games. An estimated 35 high-tech or service-oriented and

2017-05-03 10:29 AM


38 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Stacking strata

Chard Development is transforming an old warehouse in Mount Pleasant into 49,500 square feet of modern office and light industrial space on West 7th Avenue. It completes next year | CHARD DEVELOPMENT LTD.

BYRON CHARD ACQUISITIONS OFFICER, CHARD DEVELOPMENT

We’re really trying to get the creative class to be in the area

00_Office Space 2017_01 2.indd 38

professional businesses are projected to provide 500 permanent jobs at Ironworks when it opens. Stacking strata office space has also proved popular in Vancouver’s Mount Pleasant neighbourhood, where city planners and astute developers are changing what was once a low-rent industrial zone. Chard Development Ltd. is transforming a cinder-block warehouse in Mount Pleasant into a project set to complete in 2018. Situated at 34 West 7th Avenue, the former warehouse will become a four-storey commercial strata development. The project will have 49,500 square feet of interior space plus 6,000 square feet of terraces that will include

what Chard acquisitions officer Byron Chard terms an “outdoor boardroom.” “We’re really trying to get the creative class to be in the area,” Chard says. The vision is for units at grade to house light industrial users, with offices suitable for tech companies on the upper levels. An exterior glass wall will let passersby see the kind of activities that make up the new cityscape. “[It’s] taking the skin off of Mount Pleasant,” Chard says. “We’re really accenting it and showing the great companies that work there.” Chard envisions 300 to 500 people employed on a site that formerly had just 10 employees. The densification of job space is taking place in tandem with other local developments. Avison Young’s most recent office report enumerates a half-dozen commercial projects in Mount Pleasant, both strata and leased. “Market activity [in Mount Pleasant] is anticipated to remain strong for the next six to 12 months,” Avison Young reports. Mixed-use strata is not restricted to off-market neighbourhoods: in downtown Vancouver, Reliance Properties and Jim Pattison Developments included 90,000 square feet of strata office space in Burrard Place, where about 60 per cent of the space has been purchased, though it doesn’t complete for three years. É

2017-05-03 10:29 AM


Increase the value of your building! Pump Audits and Installations With Proven Energy Savings of 40% to 100%

– Mechanical Services – Pumps – Heating/Boilers – Parts – Plumbing Services

OUR SERVICES INCLUDE:

Emergency Service

Ă Emergency

24 Hours – 7 Days a Week!

Ă Planned Ă New

field and shop repairs

maintenance schedules

and retrofit installations

Ă State-of-the-art

diagnostic equipment

604-872-7104 1-800-663-6169

Ă 9,000

sq. ft. testing & repair facility in Vancouver / 2,000 sq. ft. facility in Langley

Ă Complete

service and repair of all pumping systems

Ă Complete

systems & parts, in stock or easily and quickly ordered from leading manufacturers

Ă Credit

accounts available

Spears

Now TWO Locations to Serve You Better

SALES & SERVICE LTD.

VANCOUVER 3586 Commercial Street Vancouver B.C., V5N 4E9

LANGLEY #11-19725 Telegraph Trail Langley B.C., V1M 3E6

Vancouver’s and B.C’s Pump Service Centre for Over 55 years!

604-872-7104

604-513-2445

Fax 604-873-7102

Fax 604-513-2446

00_Office Space 2017_01 2.indd 39

www.spearssales.com

2017-05-03 10:29 AM


40 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

FLEXIBLE AND ASTUTE EXPERTS KEPT DOWNTOWN OFFICE MARKET A SEA OF CALM Tight group proved pundits wrong as Vancouver’s downtown office sector moved from strength to strength

BRADY FLEGUEL |

L The Exchange building has applied to convert floors 2 through 11 from office use to hotel

00_Office Space 2017_01 2.indd 40

et’s face it – investors and developers are one step ahead of the rest of us. In the past years, we’ve seen countless news articles about oversupply of office space in downtown Vancouver. And now – where do we stand? The new Class AAA buildings that are under construction, or newly occupied, are 97 per cent leased (93 per cent leased if 980 Howe is included in the set). Only a handful of infill spaces remain in most new buildings. The new buildings were expected to attract tenants from lower-class buildings resulting in an upgrade trend leaving the least desirable buildings vacant and desperate for tenants. The 13 sites in process or rezoned for office uses should have flooded the market, creating a dearth of available space and significant downward pressure on lease rates. This has not been the case. What has happened? T he dow ntow n market is largely controlled by a small group of investors with the long game in mind. The current cycle appeared oversupplied, so many sites were rezoned in order to lock in any community amenity contributions (CACs) payable at today’s metrics. At the same time, no new sites commenced construction after the Exchange building (475 Howe Street – more on this later). A wrench in the gears came in mid-2016 as prior to this date

developers could defer cash CAC payments until issuance of building permit. Now the city requires cash payments (if applicable) upon rezoning enactment. On a side note, the revised CAC policy is expected to encourage more rezonings to provide alternative amenity contributions (daycare, social housing, etc.) instead of cash payments. W hat else happened? T he Exchange building has applied to convert floors 2 through 11 from office use to hotel, thereby reducing the supply of new office space and absorbing 30 per cent of available space on this site. So as for AAA space, the Vancouver market looks healthy. W hat about the m ig ration of tenants? Will tired B- and C-class office buildings be rampant with vacancy? First, we need to ask whether the amount of available B- and C-Class office space is overstated. As many of these buildings will become development parcels in the mid-term, landlords are enticed to keep tenants’ lease terms short. For these buildings, asset agility is more important than current cash flow and landlords will carry more vacant space and allow occupancy from more transient tenants with demolition clauses. In other words, while the quantity of available space is factual, this figure may misrepresent the health of the B- and

C-Class sector. T his downtown sector is also being stabilized by another ironic factor: the strength of the residential market. Scarcity of developable land has forced developers to land bank office assets for mid-term holds. T here are seven notable short-term sites in the downtown core currently improved with office buildings that, when redeveloped, will decrease the B- and C-Class inventory by 565,000 square feet. Many of these properties have low occupancy, and four have been rezoned or are in the process. Two of these sites may offer a unique opportunity to convert office space to residential use. But wait, is that possible? In 2007, amid a number of office buildings being converted to residentia l (strata) use, the City of Vancouver created the Metro Core Jobs and Economy Land Use Plan, which discourages conversion of significant office space (50,000 square feet or greater) to residential use. This policy was designed to protect job space in the core. In 2009, the city published an Office Conversion Policy in the Downtown District – specifically in the DD-G zoning area. The conversion policy does not prohibit residential conversion of office space, but initiates a report to council to consider whether the conversion is in the public interest. The report to council will assess

2017-05-03 10:29 AM


| 41

the following criteria (with my answers following): (a) The current supply of office space and the projected demand for the next 25 years in the downtown, including the heritage districts. (Plenty.) (b) The amount of office space being converted and the general pace of office space conversion. (Zero.) (c) Whether the building is on the Vancouver Heritage Register (or is a post-1940 building worthy of inclusion on the register), is at risk, and heritage designation will result. (Not applicable.) (d) The quality of the development proposal in terms of livability and design with consideration to the level of and proximity to land uses and amenities that support residential use. (Hire a good architect.)

(e) Proxim ity of rapid transit stations to support sustainable commuting alternatives through high accessibility and maximize the benefits of existing transit investments. (Waterfront station.) In other words, this policy may apply to many sites in the core. The possible trend of repurposing (converting or replacing) office buildings to residential uses has other benefits apart from reducing available inventory. These buildings would require rezoning, meaning that the building would be required to achieve LEED (Leadership in Energy and Environmental Design) status, helping with the city’s Greenest City goals. Converted buildings would need to be vacated; thus existing tenants will backfill space in other buildings not eligible for conversion. Further,

the downtown market will receive an injection of much-needed residential density supply, be it rental or condominium ownership. In a market where vacant office sites and empty office buildings continue to be purchased, amid seven rezoned parcels, four applications and 1,585,000 square feet of rezoned office density lying in wait – clearly some people are one step ahead of the rest of us. É Appraiser Brady Fleguel is a principal with Burgess, Cawley, Sullivan & Associates. His focus is on development land, office buildings and other commercial real estate projects throughout British Columbia.

Hands On Personal Service - That’s Our Promise to You

Commercial Office, Industrial, Retail & Shopping Centers

Strata Industrial, Retail, Residential

TO BOOK YOUR 2017 GREEN SPACE AD Call Marie at 604-608-5158 or email mpearsall@biv.com Space Close: June 19, 2017

00_Office Space 2017_01 2.indd 41

Your Property Management Specialist

Property Management & Leasing Added Services To Our Clients Interior Design & Construction

301-609 West Hastings Street Vancouver, BC V6B 4W4 Tel 604-683-8843 Fax 604-684-1039 www.pacific-dawn.com

2017-05-03 10:29 AM


42 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

BOMA BC AWARDS 2017

Every two years BOMA BC celebrates the buildings and companies that exemplify excellence BOMA BC’s TOBY Award is for the most outstanding building, and there are 12 categories. New this year is the Health and Safety Award, sponsored by the BC Safety Authority, which recognizes organizations that go above and beyond the regulatory requirements. Rounding out the 2017 program is the Tenant Improvement of

the Year, and Pinnacle Awards (categories for Above and Beyond, Customer Service, and Innovation). Certificates of Excellence will be presented by QuadReal Property Group. Award recipients will be announced at a gala on May 18, 2017, at the Fairmont Pacific Rim.

BENTALL KENNEDY (CANADA) LP’S BENTALL 5 OFFICE TOWER | BOMA BC

TOBY AWARD/CERTIFICATES OF EXCELLENCE ENTRANTS 725 Granville, Cadillac Fairview Corp. 980 Howe, Manulife Financial Real Estate 1090 Homer, GWL Realty Advisors Inc. Bentall 5, Bentall Kennedy (Canada) LP Canada Way Business Park, GWL Realty Advisors Inc. Guildford Corporate Centre, GWL Realty Advisors Inc. Kent Corporate Centre, GWL Realty Advisors Inc. Lake City Centre, Industrial Alliance Insurance & Financial Services Inc. MNP Tower, Oxford Properties Group Ritchie Bros. Auctioneers, GWL Realty Advisors Inc. CADILLAC FAIRVIEW CORP.’S 725 GRANVILLE STREET | BOMA BC

PINNACLE AWARD ENTRANTS Johnson Controls Oxford Properties Group SerVantage Services Corp. Somatic HVAC Solutions TurnLeaf Consulting Inc. Warrington PCI Management

JOHNSON CONTROLS TEAM PHOTO | BOMA BC

00_Office Space 2017_01 2.indd 42

2017-05-03 10:29 AM


Fast, clean and green surface cleaning r 4USFFU TXFFQJOH r 1BSLJOH MPU NBJOUFOBODF r 1PXFS TDSVCCJOH r -JOF QBJOUJOH r $POTUSVDUJPO DMFBO VQ r Accredited BBB member

r 1BSLJOH MPUT r 1BSLBEFT r 8BSFIPVTFT r 1SPEVDUJPO QMBOUT r 4USBUBT r .PCJMF QPXFS XBTIJOH IPU DPME

1-888-423-8003

Since 1993

valleypowersweep@telus.net | www.valleypowersweep.com

Precision Crack Sealing Inc. Crack Sealing is proven to be the least expensive form of preventative maintenance, yet essential to pavement life! Crack Sealing prevents unnecessary insurance claims by offering the public a better/safer service! Crack Sealing studies show that for every $1 spent on maintenance, you can save $6-$10 in future repairs! Crack Sealing prevents moisture infiltration into the sub-grade, which weakens the structural integrity of your pavement and its bearing capacity! We have a perfectly clear ‘claims free’ history with WCB and we maintain a $5 million commercial liability insurance policy! We have over 30 years of property and pavement management experience...with written references to prove that our business systems work! We have a qualified, continually trained team who understand that minimal inconvenience is critical! We efficiently maintain low overhead costs and pass the savings on to you!

1-888-280-4374 00_Office Space 2017_01 2.indd 43

www.precisioncracksealing.com 2017-05-03 10:29 AM


44 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

SECURING

GUARDS Demand for security has increased by 40 per cent in five years but labour retention remains a challenge Dan Popowich, CEO of Commissionaires BC: the security industry is expanding but finding suitable employees remains difficult | CHUNG CHOW

PATRICK BLENNERHASSETT

T

he security industry is growing so rapidly that the sector faces huge hurdles in hiring and retaining enough employees, industry insiders say.

Dan Popowich, CEO of security firm Commissionaires BC, says multiple industries including airports, local governments, pipelines, universities, construction and non-core policing are all hiring more security – and have been for the past few years. “It’s just widely expanding,” says Popowich. “I was just looking at a report: in Canada’s private security industry [hiring has] gone up 40 per cent in five years. We have 140,000 people in private security in Canada alone now.”

00_Office Space 2017_01 2.indd 44

Popowich says finding good employees remains a challenge for outfits such as Commissionaires BC, which is run as a not-for-profit with 2,100 employees in B.C. and annual revenue of $50 million. A key issue is low wages, especially in smaller firms. “Most of the very credible companies in the security industry, say the top 10 or eight, pay more than minimum wage and there’s very good wages to be made, ” he says.

continued on page 46 Ä

2017-05-03 10:29 AM


SIMPLEX TrueAlert ES speakers: the new sound of safety.

The benefits are loud and clear. SIMPLEX TrueAlert ES speakers, the industry’s first notification appliances with addressable audio, offer game-changing value for your building and your operations. Easier testing and maintenance result in fewer interruptions, and more cost efficiency. The speakers combine fire alarm and public address capability and feature excellent sound quality so messages are heard, even in busy environments. You can program different emergency announcements for different parts of your building. Plus, they provide the same design and wiring flexibility as all our TrueAlert ES addressable solutions. How does that sound?

To see how our entire line of products and services can help your business, visit us at www.TycoIFS.ca, or call 604-515-8872.

Fire Alarm | Sprinkler | Suppression | Monitoring | Access Control | Video Intrusion | Monitoring | Emergency Communications | Managed & Hosted Services RBQ 3050-7412-83. Tyco © 2017. ALL RIGHTS RESERVED. Tyco is a trade/service mark of Tyco International Services GmbH and is used under licence. All other marks are the property of their respective owners.

00_Office Space 2017_01 2.indd 45

2017-05-03 10:29 AM


46 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Securing guards

continued from page 44 Ă„

DAN POPOWICH CEO, COMMISSIONAIRES BC

In Canada’s private security industry [hiring has] gone up 40 per cent in five years. We have 140,000 people in private security in Canada alone now

The biggest hurdle is finding employees who have training in technology, Popowich notes. He says a large part of the job now involves managing security camera footage, engaging in electronic reporting and using devices like iPads. There are still basic security jobs, such as watching over construction sites, that do not require as much training, but those jobs are dwindling, he says. He adds he doesn’t think the influx of new immigrants can help solve the industry’s problem of low employee retention. “Although we encourage new immigrants to apply, we find that most of them, and I’m talking in terms of our company, do not meet the skill sets of writing and understanding and speaking English.� Popowich says a lot of companies are not willing to pay more when it comes to security contracts, which pushes the industry into a catch-22. According to B.C. government statistics, the need for security guards rose from 2009, when 16,164 licences were approved, to 2016, when 17,800 were issued. The number of security consultants, the installation of closed-circuit televisions and electronic locking devices and alarm installations under supervision also grew during that period. The global demand for security services rose 7.4 per cent in 2016 to $244 billion. Paul Stanley, principal of security consultancy TSC

Consulting, who holds a master’s degree in risk management, was part of BC Hydro’s corporate security team for nine years. He says wages for security guards are on par with the fast-food industry, which doesn’t reflect the amount of responsibility taken on by security personnel. Stanley says the major security companies require extensive training before their guards are assigned to their duties. Personnel also are required to have a high level of English reading, writing and speaking skills for most positions, and they must also be licensed by the government. “Guards [are] able to participate in employer-supplied training that enables them to provide first aid and CPR,â€? Stanley says. “[Security guards] must be able to effectively manage a stressful encounter with the public, to communicate with the client’s senior management, to write security occurrence reports using advanced software, to manage complex closed-circuit video systems and to administer access control functions using the latest systems available.â€? Stanley adds that finding security guards who will work for the wages available is difficult, and turnover is high. “This is not an easy task; ask any professional in the business,â€? he says. Popowich adds some regular clients are starting to understand they can’t simply lowball contracts. “Some of them do understand that you get what you pay for these days.â€? Ă‰

2017

ASCENDING OPULENCE Philipp Posch, general manager of the new Trump International Hotel & Tower, says it will redefine Vancouver’s aspirations for luxury meeting venues | 12–14

! ! # % $ ! % $ $ % "

MEETINGPLACESBC

FREE CONSULTATIONS

MEETING AND EVENT PLANNING IN BEAUTIFUL BRITISH COLUMBIA

$25

VICTORIA, REFRESHED

| 20

LESSONS LEARNED

| 28

HEAT-MAPPING TECHNOLOGY

| 38

LISTINGS | MEETING VENUES IN B.C.

16

24

43

FIRST NATION PLACES

TOP CHEFS & CUISINE

B.C. REGIONS

TO BOOK YOUR

2018 MEETING PLACES BC AD

NG

YOU TO

LEED

ACCREDITATION

00_Office Space 2017_01 2.indd 46

DS

HE

I

AR

L

604.253.4698

Call Marie at 604-608-5158 or email mpearsall@biv.com Space Close: September 25, 2017

2017-05-03 10:29 AM


HIGH-PROFILE SECURITY OFFICERS. MOBILE PATROLS. ALARMRESPONSE UNITS.

SECURING PEOPLE AND ASSETS IN A COMPLE X WO R L D gTrack, integrated guard management system 26,000+ security professionals across Canada 3 national command centres open 24/7

T: 604 717 5580 Bruce W. Clark Regional General Manager bruce.clark@garda.com

00_Office Space 2017_01 2.indd 47

2017-05-03 10:29 AM


48 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

THE UNTETHERED WORKER AND THE RISE OF THE UX, IOT OFFICE ENVIRONMENT User experience protocols and the Internet of Things will free both workers and office designers from today’s workspace parameters PHILIP THOMAS |

The design of the future workplace will move away from design focused on efficiency to design focused on effectiveness

SHUTTERSTOCK

T

ech nologica l cha nges a l l around us are influencing how we live, work and play every day. Business is now conducted across international borders and organizations are becoming more agile, global and transparent. Technology is enabling teams to be always and instantly connected, and this has blurred the line between the physical office and the place where work happens. “Untethered” work will erase it. The workplace is no more just architectural space: it is the space we are digitally communicating

00_Office Space 2017_01 2.indd 48

and interacting through technology, and has further expanded into the virtual environment of the work, the area of artificial intelligence. Work has become untethered. As analytics, algorithms, big data and automation are embraced in organizations across all types of industries, it will free workers from mundane tasks and propel them to work creatively. These changes will result in redefining work and the workplace environment, and has a direct impact on the way we design, construct and maintain our building.

The next phase of work will bring an intentional focus on the workplace and the employee’s workplace experience. The focus will shift to a UX (user experience) protocol in the workplace to create the optimum experience across technology, workspace, policy, engagement and management. Organizations will understand the needs of the employees and design a workplace that matches it. T he f utu re work place w i l l be a highly networked, shared, multi-purpose space that removes boundaries between teams, groups,

2017-05-03 10:29 AM


| 49

departments and companies, thereby improving everyone’s performance. More and more of our work will be done with participation of people outside the company – free agents, consultants, experts and peers. It will allow realistic meetings, lectures or group discussions to happen spontaneously, or be scheduled. The merging of the digital and the physical world will increase face-to-face human interactions, a lbeit th roug h a tech nolog y medium. This will quickly deliver the right team, with the right experience and expertise, to every client, anywhere in the world. Workplaces will not necessarily reduce in size: in fact there will be a tendency towards larger floor spaces with no obstructions and divisions, highly flexible spaces that evolve with the work process, adapting to suit the requirements of an assignment or a challenge by the day or the hour. Digital environments of the future workplace will make the workplace fluid through wireless charging and connectivity combined with advanced cloud computi ng. Dig ita l env i ronments will give employees fast and easy access to the information, resources and technology they need. There will be convergence of the bu ild ing system a nd IoT (Internet of Things), where the physical environment and its equipment are embedded with sensor tech nolog ies w ith a n ability to measure everything – people, places, vehicles, the environment. These sensors will enable evidence-based design

for future remodelling. They will also track individual preference for light and temperature and adjust the environment based on the user or the user group throughout the space. The design of the future workplace will move away from design focused on efficiency to design focused on effectiveness. There will be a tendency to blend modern work environments into older buildings that will be repurposed: abandoned and underused buildings will gain new life as organizations take a sustainable approach that combines the best of old and new. The design of the workplace and the workplace settings and its elements will ref lect how 21st-century work happens, as organizations will recognize workplaces are not just an amortized asset but a strategic tool for growth. The design of our buildings and workplaces must change to meet our biggest challenge: to envision, create and deploy the untethered workplace, where thousands of people know what to do, co-operate to get it done and experience it as personally fulfilling. É Philip Thomas is president of Optum+, a Vancouver-based project management and management consultant providing services to corporations, organizations and agencies. Visit www.optumplus.com.

MEASURING FOR YOUR SUCCESS Engineering, Surveying, Mapping Planning, Environmental, and Landscape Architecture For all your survey requirements contact Yvon Gosselin at: ygosselin@mcelhanney.com 604-424-4833 or visit www.mcelhanney.com

Certified

Proud member of BOMA BC

00_Office Space 2017_01 2.indd 49

2017-05-03 10:29 AM


50 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Biggest security companies in B.C. RANKED BY | Total number of employees in B.C.

'

!)3),15 #-+;81:? ),D-@=90 = %@4?0 @=9,-D ( ) # 7)3),159-+;81:? +64 644199165)18-9 :B0 %? %@4?0 (,9.:@A0= ( & # +644199165)18-9 *+ +) #-+;81/;)8, #-8<1+-9 :,

0:=24, %? ) %@4?0 (,9.:@A0= ( & # 9-+;81/;)8, +64 65+68, #-+;81:? 687

492>B,D %@4?0 0?=:?:B0= @=9,-D (

#

+65+68,9-+;81:? +64 )8,)&683, )477492/:9 =009 %@4?0 @=9,-D ( # # /)8,) +64 644199165)18-9 %1+:681) :0- 93)5,9 )5, (;265 7:A0=/,70 A0 (4.?:=4, ( * & # !# +644199165)18-9<1? +) 6;3- 3-+:81+ :, !:=?3 =,>0= ),D @=9,-D ( # 06;3- +) -5-919 #-+;81:? 86;7 @==,=/ %? %@4?0 (,9.:@A0= ( #

/-5-9199-+;81:? +64 !636 #-+;81:? #-8<1+-9 :, =,>0= %? (,9.:@A0= ( * ( # 76369-+;81:? +64 &-9:/;)8, #-+;81:? #-8<1+-9 :,

0:=24, %? ) %@4?0 (,9.:@A0= ( & #

=-9:/;)8, +64 66:7815:9 #-+;81:?

09B:=?3 $/ %@4?0 !,9,48: ( & + #

.66:7815:99-+;81:? +64 !8-41-8 #-+;81:? 5+ =:,/B,D ) %@4?0 (,9.:@A0= (

# 78-41-89-+;81:?15+ +64 ;9165 #-+;81:? 5+

%?477 =006 = %@4?0 @=9,-D ( % # .;91659-+;81:? +) '7-8) "192 1:1/):165 )5, 5<-9:1/):165 ,B.0?? $/ %@4?0

:<@4?7,8 ( (

# >7-8) +) 15-:1+ #-+;81:? :B0 %? %@4?0 (,9.:@A0= ( & # 215-:1+ 9-+;81:? +64 $?+6 5:-/8):-, 18- #-+;81:? 49/>0D #7 07?, ( ( # :?+61.9 +) !86<1,-5: #-+;81:? 687

>? A0 ) (,9.:@A0= ( # !# 786<1,-5:9-+;81:? +) #-+;8-, #-+;81:? 86;7 @==,=/ %? %@4?0 (,9.:@A0= ( # 9-+;8-,9-+;81:? +64 "),1;9 #-+;81:? )5, %)5+6;<-8 18-

=,>0=B::/ ),D $4.38:9/ ( ) # 8),1;99-+;81:? +) +4- !86:-+:1<- #?9:-49 :, ?3 A0 ) (,9.:@A0= ( $ # )+4-786:-+:1<- +64

!% " !

& $# % "

%0.@=4?D :1F.0=> 8:-470 ;,?=:7> 3:80 ,7,=8> ;,?=:7 ,..0>> .:9?=:7 .7:>0/ .4=.@4? ?070A4>4:9 ;0=480?0= ;=:?0.?4:9 =08:?0 A4/0: 8:94?:=492

903-? 667-8 " $-, "-1, ;=0>4/09? ,9/ " 8)9-8 667-8 &" 65 )+ 319:-8 "" 8),? )8:0? (# 0), )3?2 (# )5 !676=1+0 " 6;/ #:;+2-3 %(# .7409? >0=A4.0>

#=0840= 2@,=/ >0=A4.0> ;,?=:7 >0=A4.0> 49?02=,?0/ >0.@=4?D >:7@?4:9> -D7,B 091:=.0809? 9:9 .:=0 ;:74.0 >0=A4.0> ?=,49492 F920=;=49?492 >0=A4.0>

! $

"#

9?02=,?0/ >0.@=4?D >:7@?4:9> >0.@=4?D :1F.0=> 8:-470 -460 =08:?0 A4/0: A0=4F.,?4:9 0C0.@?4A0 ;=:?0.?4:9

)8+? -85)/0)5 ;=0>4/09? ,9/ "

%0.@=4?D 2@,=/ >0=A4.0> 8:-470 ;,?=:7 ,9/ ,7,=8 =0>;:9>0 -4.D.70 ;,?=:7 ;7,49.7:?30> 7:>> ;=0A09?4:9 .=4>4> 8,9,20809? &( A4/0: 8:94?:=492 ,..0>> .:9?=:7 >D>?08> ;=4A,?0 49A0>?42,?4:9> ;,=6492 8,9,20809? F=>? ,4/ ?=,49492 .@>?:84E0/ >0.@=4?D >:7@?4:9> ,>3 7:24>?4.> ;3D>4.,7 >0.@=4?D 8:-470 ;,?=:7 8,=490 >0.@=4?D .7:>0 ;=:?0.?4:9 ,7,=8 =0>;:9>0 .:9.40=20 >0=A4.0> ;,=6492 7:? ;,?=:7 F9,9.4,7 49>?4?@?4:9 >0.@=4?D 3423 ;=:F70 :1F.0 ?:B0= >0.@=4?D @,=/ >0=A4.0> 8:-470 ;,?=:7> ,9/ ,7,=8 =0>;:9>0 49?02=,?0/ >0.@=4?D >:7@?4:9> 49.7@/492 ?3=0,? =4>6 ,>>0>>809?> >0.@=4?D ?=,49492 ;=:.0>> >0=A492 F920=;=49? 4/09?4F.,?4:9 >0=A4.0> .=4849,7 =0.:=/ .30.6 -D7,B 091:=.0809? ;,=/:9> B,4A0=> ..0>> .:9?=:7 ,9,7D?4.> ,;,=?809? 09?=D >:7@?4:9> ,@?:8,?4:9 49?0=.:8 >D>?08> 49?=@>4:9 /0?0.?4:9 74.09.0 ;7,?0 =0.:294?4:9 9@=>0 .,77 ,9/ .:/0 ,7,=8> ;0:;70 .:@9?492 =0,7 ?480 7:.,?492 >D>?08 A4/0: 8:94?:=492 ,9/ A4>@,7 ,7,=8 A0=4F.,?4:9 B,9/0= ;=0A09?4:9

605 -58? ;=0>4/09? ,9/ " 3)8- ,4;5,965 (# )82 68=)8, (# ,9/ 2090=,7 8,9,20=

!#

#=:10>>4:9,7 @94:94E0/ @941:=80/ >0.@=4?D :1F.0=> 49.7@/492 1::? -460 8:-470 =08:?0 A4/0: )8+? -85)/0)5 ;=0>4/09? ,9/ " 8:94?:=492 ,9/ 0C0.@?4A0 ;=:?0.?4:9

#3D>4.,7 >0.@=4?D >0=A4.0> ?3=:@23:@? (,9.:@A0= >7,9/

#1465 633-8? ;=0>4/09? ,9/ 8,9,2492 /4=0.?:=

#3D>4.,7 ,9/ 070.?=:94. >0.@=4?D .:A0=,20 A0=4F0/ ,7,=8 ?0.39:7:2D 8:94?:=492 ,9/ =,;4/ =0>;:9>0 >D>?08> ;=:10>>4:9,77D ,..=0/4?0/ ,9/ 74.09>0/ >0.@=4?D 2@,=/> ,9/ .:9.40=20

)8:15 !)82-8 ;=0>4/09? ,9/ "

%0.@=4?D 8,9;:B0= ,9/ >0.@=4?D 8:-470 >0=A4.0> 070.?=:94. ,..0>> .:9?=:7 49?=@>4:9 /0?0.?4:9 8;+- )8/15965 ;=0>4/09? )88? #:);9/))8, A4.0 >D>?08 &( 8:94?:=492 .:9>@7?492 ;=4A,?0 49A0>?42,?4:9> ;=0>4/09?

9A0>?42,?4:9 ?=,49492 >0.@=4?D .:9>@7?492 ;=:?0.?4:9 =4>6 ,>>0>>809?> ?0.394.,7 >0=A4.0> ,9/ ;=0 08;7:D809? >.=009492

-5 677 ;=0>4/09?

%?,?4. 2@,=/492 8:-470 ;,?=:7 0A09? >0.@=4?D ,9/ ,7,=8 =0>;:9>0

)5 !676=1+0 ;=0>4/09?

%0.@=4?D >D>?08> /0>429 49>?,77,?4:9 ,9/ 8:94?:=492 =0>;:9>0 :;0=,?4:9> .09?=,7 ,7,=8 12- **-? ,=0, 2090=,7 8,9,20= 8:94?:=492 49.7@/492 080=209.D .,77 .09?=0 >;0.4,7 3,E,=/> ,9/ 080=209.D .:88@94.,?4:9> >:7@?4:9> ,9/ >0=A4.0> @77 >0=A4.0 >0.@=4?D F=8 :110=492 49>?,77,?4:9 ,7,=8 ,9/ A4/0: 8:94?:=492 2@,=,9?00/ FA0 1+0)-3 )//-8 ;=0>4/09? 849@?0 ,7,=8 =0>;:9>0 ?: =0>4/09?4,7 .:880=.4,7 ,9/ 49/@>?=4,7 .7409?> -=,9.3 :1F.0 49 )34>?70= %0.@=4?D 8,9;:B0= ,9/ >0.@=4?D 8:-470 ;,?=:7 >0=A4.0> 49A0>?42,?4:9> ;,=6492 091:=.0809? )3 6;0)3 ;=0>4/09? ,9/ " 7,9/>.,;492 5,94?:=4,7 >9:B =08:A,7 ?,47:=0/ 1,.474?40> ,9/ ;=:;0=?D 8,9,20809? >0=A4.0>

9>?,77,?4:9 ,9/ 8:94?:=492 :1 >0.@=4?D >D>?08> F=0 ;=:?0.?4:9 >D>?08> =08:?0 2@,=/492 ,9/ "6*-8: )>:-8 ;=0>4/09? A4/0: ,7,=8 A0=4F.,?4:9 ,7>: ,..0>> .:9?=:7 ,9/ .,80=, >D>?08>

9>?,77,?4:9 ,9/ >0=A4.492 :1 49?=@>4:9 09A4=:9809?,7 ,..0>> .:9?=:7 ,9/ A4/0: >@=A0477,9.0 A0=4F.,?4:9 &( >D>?08> 1:= .:880=.4,7 ,9/ =0>4/09?4,7 .@>?:80=> ,;;=:A0/ F=0 ,7,=8 8:94?:=492

@77 >0.@=4?D >0=A4.0> 2@,=/ >0=A4.0> 0A09? >4?0 ,9/ 8:-470 ;,?=:7 >0.@=4?D >0.@=4?D >D>?08> 1:= .:880=.4,7 ,9/ =0>4/09?4,7

1=00 .:88@94?D ;,?=:7 ?=,49492 ,.,/08D '941:=80/ 2@,=/ >0=A4.0> 8:-470 49>;0.?4:9 ,7,=8 =0>;:9>0 .:9.40=20 >0=A4.0> 49A0>?42,?4:9 ,9/ >@=A0477,9.0 =4>6 ,>>0>>809? 080=209.D ;=:.0/@=0 /0A07:;809?

%:@=.0> 9?0=A40B> B4?3 ,-:A0 F=8> ,9/ =0>0,=.3 "?30= .:8;,940> 8,D 3,A0 =,960/ -@? /4/ 9:? ;=:A4/0 491:=8,?4:9 -D /0,/7490 !# !:? ;=:A4/0/

Property Managers’ Source Book 2018

#+6:: (6;5/ /4=0.?:= -@>490>> /0A07:;809? 8-/ 6899-5 -=,9.3 2090=,7 8,9,20= 8;+- 3)82 =024:9,7 8,9,20= )8? !);3965 " 133 "1//9 /4=0.?:= :1 :;0=,?4:9> 605 )*-3 /4=0.?:= :1 ,/8494>?=,?4:9 (- 1 /4=0.?:= :1 F9,9.0 9)86 @646 -@>490>> /0A07:;809? 8,9,20= "6*-8: )9015 ;=0>4/09? -5519 )836= (# :;0=,?4:9> -5 1:9+0? (# >?=,?024. ;=:50.?> "619 "1@@6 (# F9,9.0 &)?5- 1-39-5 /4=0.?:= >?=,?024. ;=:50.?> )413 ;*;+ " ")4 67)3 8,9,20=

65 -3,-8 " !013 8)0)4 8 ""

$" "" $% ! 8,60> 0A0=D ,??08;? ?: ;@-74>3 ,..@=,?0 491:=8,?4:9 49 ?30 4>? -@? ,..@=,.D .,99:? -0 2@,=,9?00/ $0>0,=.30/ -D 99, 4.E8,9>6, "#" %

Space Close: October 19, 2017 Call Marie Pearsall: 604.608.5158 mpearsall@biv.com

DESIGNED SPECIFICALLY FOR Vancouver’s property management industry

00_Office Space 2017_01 2.indd 50

2017-05-03 10:29 AM


Discover the

Paladin Difference

BC’S TOP SECURITY COMPANY Many thanks to our outstanding employees for your continued dedication, Paladin is the largest and best security company in BC because you strive for excellence with us each day. Proudly serving British Columbia for over 40 years, Paladin has grown to 26 offices across Canada and is now operating in 16 states across the USA as PalAmerican Security. As one of Canada’s Gold Standard, Best Managed Companies, our unique corporate culture is embraced from coast to coast. We continue to hold ourselves to the highest industry standard which both motivates our people and fuels our passion for constant and never ending improvement.

PALADINSECURITY.COM

00_Office Space 2017_01 2.indd 51

2017-05-03 10:29 AM


52 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Biggest commercial property managers in B.C. RANKED BY | Total commercial square feet managed in B.C.

!

" # !+

"# " * (' ) &

%' &' " #%"# %' & !

% "(! " -

! &$ ' ! (&'% - '

"' " &$ '

'/4#-- '//'&8 #/#&# B;@:B7? 'A 'B7A3 */;1<BC3? * , $ $'/4#--,'//'&8 %0. 0--+'23 /4'2/#4+0/# ?/;C7993 'A 'B7A3 */;1<BC3? * & $ %0--+'23%#/#&# %0. ''&+' '6'-01.'/4 2051 79:<?3 7C3?@7<; B?;/0F * $ $''&+')2051 %# " '#-48 &6+3023 /% 3<?57/ 'A + 'B7A3 */;1<BC3? * " $ )7-2'#-48#&6+3023 %0. 6#/*09 #.$2+&)' /% @A C3 + 'B7A3 */;1<BC3? * . ! $ "$ +6#/*0'%#.$2+&)' %0. 02)5#2& /6'34.'/43 '3F:<B? 'A 'B7A3 */;1<BC3? * $ .02)5#2& %0. //+ 2051 0( 0.1#/+'3 &<0@<; 'A 'B7A3 */;1<BC3? * $ 0//+ %0. "#22+/)40/ #/#)'.'/4 3<?57/ 'A + 'B7A3 */;1<BC3? * - $ 7#22+/)40/1%+ %0. '#-48 &6+3023 4& 3<?57/ 'A + 'B7A3 */;1<BC3? * $ #&+--#% #+26+'7 021 4& ?/;C7993 'A 'B7A3 */;1<BC3? * - $ %#&+--#%(#+26+'7 %0. !2+06'34 '#-48 &6+3023 /% $3;23? 'A + 'B7A3 */;1<BC3? * $

42+06'34 %0. 023'4 '#-48 2051 #/#&# 4& '63990?7253 +/F 'B7A3 &716:<;2 * , + $

&023'42'#-48 %0. .#24 ! <?@3@6<3 +/F 'B7A3 &716:<;2 * $

3.#242'+4 %0. #/2'#- #/#)'.'/4 021 "39@<; 'A 'B7A3 */;1<BC3? * . $

%#/2'#- %0. 03# '6'-01.'/4 021 &<@@3? C3 'B7A3 B?;/0F * ' $ $03#&'6 %0. !2#/31#%+:% '#-48 &6+3023

"<?A6 ?/@3? +/F );7A B?;/0F * $ 42#/31#%+:%2'#-48 %0. *#1' 201'248 #/#)'.'/4 B??/?2 'A 'B7A3 */;1<BC3? * , ! $ 3*#1'1. %0. "'3)2051 201'24+'3 B;@:B7? 'A 'B7A3 */;1<BC3? * , $ 7'3)2051 %# 52' /&5342+#- '#- 34#4' !2534 ! 3<?57/ 'A + 'B7A3 */;1<BC3? * $ 1+2'4 %# 0/%'24 <?;0F 'A 'B7A3 */;1<BC3? * . $ %0/%'241201'24+'3 %0.

!0/8 34-'3 =?3@723;A

3;A/99 +3@A $3;23? +3@A $3;23? 97C323; 3;A?3 ?3@AD<<2 <::3?13 3;A?3 7?=<?A E31BA7C3 $/?8

*/;1<BC3?

.+--+0/ :7997<;

'3-'8 '+'+3 C713 =?3@723;A /;2 :/;/57;5 0?<83? ?3/9 3@A/A3 :/;/53:3;A @3?C713@ ?7A7@6 <9B:07/

*/;1<BC3? 33? /83 3;A?3 /;@2<D;3 3;A?3 '/;23?@<; +/F ?7253=<?A &</2 3;@7;5A<; '>B/?3 3;A?3=<7;A *71A<?7/ )==3? /?0<B?

*/;1<BC3?

8#/ ''&+' =?3@723;A

?B53? $?<2B1A@ $ 'A<?:A316 $3?4<?:/;13 ==/?39 (?33 #4 743 /;/2/ ;1

B?;/0F

0/ #22+30/ *$ 0B@7;3@@ 23C39<=:3;A /;2 1973;A @3?C713@ 0$'24 #6#/#)* *$ /@@3A :/;/53:3;A

$/?8 $9/13 */;1<BC3? 3;A?3 ?3@AD<<2 <?=<?/A3 3;A?3 <::3?13 $9/13 &<0@<; <B?A "<?A6D<<2@ B@7;3@@ $/?8 "<?A6D<<2@ *799/53 !799@A?3/: *799/53 39<D;/ 3;A?/9 $/?8 B@7;3@@ 3;A?3 !3A?<A<D3? !3A?<=<97@ /A !3A?<A<D; #/8?7253 3;A?3 (@/DD/@@3; !799@ B7924<?2 (<D; 3;A?3

+7;;7=35 !/; !<;A?3/9 %B3

!0. 0*/340/ *$ =?<=3?AF :/;/53:3;A +3@A3?; /;/2/ <4H13 7;2B@A?7/9 +%*#'- "#-,'2 ?357<;/9 53;3?/9 :/;/53? <4H13 7;2B@A?7/9 2') "+-,3 *$ 1<::3?17/9 =?<=3?AF :/;/53:3;A /;2 93/@7;5 0*/ +&&-'40/ *$ ?3A/79 93/@7;5

B;@:B7? 'A '3F:<B? 'A 97C323; +3@A B@7;3@@ 3;A?3 *787;5 +/F B@7;3@@ 3;A?3 !/?7;3 +/F ;2B@A?7/9 B7927;5@

(<?<;A< #;A

<923; /?@ B@7;3@@ 3;A?3 'BA3? ?<<8 *799/53 &<0@<; 'A (6B?9<D 'A

*/;1<BC3?

&#. 1'#2 =?3@723;A

&<F/9 3;A?3 B??/?2 B7927;5 ) B7927;5 !71?<@<4A B7927;5 3/AAF ?3/A "<?A63?; +/F <:< /83 *799/53 /B943792 *799/53

*/;1<BC3?

#-' 5.(02& 4'1*'/ 586'7##2&4 =?7;17=/9@

+3@A 3<?57/ +3@A 3<?57/ +3@A 3<?57/ ;;/17@ B@7;3@@ $/?8

?3F=<7;A B@7;3@@ $/?8 ;756A@0?7253 B@7;3@@ $/?8 '<BA6=<7;A E16/;53 (63 */;1<BC3? &7@3 $/17H1 3;A?3 +/A3?4?<;A $?<=3?A73@ &716:<;2 3;A?3 (<?<;A< #;A

:7997<; :7997<;

:7997<; :7997<; :7997<;

:7997<; :7997<;

:7997<; :7997<; :7997<; :7997<; :7997<; :7997<; :7997<;

:7997<;

:7997<;

:7997<;

:7997<;

:7997<; :7997<; :7997<; :7997<; "$ "$ "$ "$ "$ "$

:7997<; :7997<; :7997<; "$ "$ "$ :7997<; :7997<; :7997<;

:7997<; :7997<;

2#/%0 5340&+/*0 *$ <=3?/A7<;@ +3@A3?; /;/2/

!0. /0'1('- '*$ /;2 =<?A4<97< :/;/53? #/&8 25+%,3*#/, *$ 2') #34 *$ =?<=3?AF :/;/53:3;A #26+3 05+--#2& *$ 7;C3@A:3;A@ 0%'-8/' ')#- *$ 93/@7;5

!/?7;3 /A3D/F ?<@@ &</2@ +3@A ?</2D/F +7997;52<; $/?8 ) 7;5

3<?53 'A/A7<; 93;D<<2 ;2B@A?7/9 $/?8 '<BA6 ?/@3? ;2B@A?7/9 +3@A $3;23? (<?<;A< #;A

0/ %*533 =?3@723;A +. %*533 *$ /;2 @3;7<? =?<=3?AF :/;/53? 0-+/ %*533 *$ 1<::3?17/9 93/@7;5 /;2 @/93@

"$

&716:<;2

#520 #&5-# *$ 93/@7;5 D3@A3?; ?357<;

@6<==7;5 13;A?3@ 7;

"$ */B56/; #;A

#8.0/& '2)'/ =?3@723;A

"$

*/;1<BC3?

'#/ ''& 27?31A<? <4 =?<=3?AF :/;/53:3;A =?<=3?A73@ /;2 93/@7;5

"$

B?;/0F

0& 2#. =?3@723;A

"$

B?;/0F

<B56332 (<D; 3;A?3 ?3;AD<<2 (<D; 3;A?3 756@A?33A "/;/7:< "<?A6 (<D; 3;A?3 $/?/9939 !/?83A=9/13 */;1<BC3? ''4'2 "'3+, =?3@723;A #/&''1 #/#, #

"$

*/;1<BC3?

'6#/ 022+' =?3@723;A /;2 # !'2'3# '40 #

9B;2399 &</2 E=?3@@ 'A

*/;1<BC3?

#6+& 0&.02' 16/7?:/; /;2 # 2+#/ % #5-'8 =?3@723;A /;2 ## 0*/ % #5)*-+/ #

<?;0F 'A */;1<BC3?

$67997=@ C3 B?;/0F $?<5?3@@ +/F 39A/ /?0<B?@723 ? "<?A6 */;1<BC3?

*/;1<BC3?

'<B?13@ ;A3?C73D@ D7A6 /0<C3 H?:@ /;2 ?3@3/?16 #A63? H?:@ :/F 6/C3 ?/;832 0BA 272 ;<A ?3@=<;2 A< 7;4<?:/A7<; ?3>B3@A@ 0F 23/297;3 "$ "<A =?<C7232 3@A7:/A3

Valley All–Door Distributing Ltd. Celebrating 41 Years of Apartment Security Gate Service Phone: 604.533.4121 Fax: 604-533-4632 Email: valleyalldoor@telus.net

00_Office Space 2017_01 2.indd 52

.+--+0/ :7997<; .+--+0/ :7997<; .+--+0/ :7997<;

.+--+0/ :7997<;

.+--+0/ :7997<;

.+--+0/ :7997<; .+--+0/

:7997<; .+--+0/ :7997<; .+--+0/ :7997<; .+--+0/ :7997<; .+--+0/ :7997<;

.+--+0/

:7997<;

.+--+0/

:7997<; .+--+0/ :7997<; .+--+0/ :7997<; .+--+0/

:7997<; .+--+0/

:7997<; .+--+0/

:7997<; .+--+0/

:7997<;

(& ! && ! ! "() % :/83@ 3C3?F /AA3:=A A< =B097@6 /11B?/A3 7;4<?:/A7<; 7; A63 7@A 0BA /11B?/1F 1/;;<A 03 5B/?/;A332 &3@3/?1632 0F ;;/ 71G:/;@8/ , !& ) "

• • • •

Apartment security gates Service and inspection contracts Installation of radio control entry systems 24 hour emergency service

2017-05-03 10:29 AM


We don’t just provide security ...we provide Peace of Mind.

Building excellence through partnerships and delivering tangible value. Security Personnel

Trusted Honest Professional Accountable Responsible Experienced Mobile Patrol & Response

Security Systems

Monitoring Services

Consulting & Investigations

604.647.6470 | fusionsecurity.ca

00_Office Space 2017_01 2.indd 53

2017-05-03 10:29 AM


54 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Biggest commercial real estate brokerages in B.C. RANKED BY | Number of B.C.-licensed commercial agents in 2017

! (

411/+67 38+63'8/43'1 8'4</22+ : ;/:+ "'4)5;<+8 " + '< 422+6)/'1 '4.'::'4 8 ;/:+ +25=4' " % $ 97.2'3 $'0+>+1* 8*

+58-/' : # ;/:+ "'4)5;<+8 " % :/743 %493

+58-/' : # ;/:+ "'4)5;<+8 " 8* '9:/4-9 : # ;/:+ "'4)5;<+8 " 422+6)/'1

+58-/' : # ;/:+ "'4)5;<+8 " ')*43'1* 422+6)/'1 +'1 78'8+ !+6:/)+7 8* :. <+ # "'4)5;<+8 "

;88'8* : ;/:+ "'4)5;<+8 " ++ 774)/'8+7 #'3)49:+6

+58-/' : # ;/:+ "'4)5;<+8 " +;2'60 3/-.8 6'30 +:+3)46+

8'4</22+ : ;/:+ "'4)5;<+8 " $ 422+6)/'1 :. <+ # ;/:+ "'4)5;<+8 " " 462 +8'/1 *:/7467 3) +?35;8 : ;/:+ "'4)5;<+8 " 64381/3+ +'1 78'8+ !+6:/)+7 8* : ;/:+ '4-2+? " % 1+/3 6495 4='1 + '-+ /8= +386+ 5(954 : ;/:+ "'4)5;<+8 " 43*43 ')/>) 645+68= -+387 3) .'82+9 : "'4)5;<+8 "

# $

! ' %$ & #

" %

" $#

)522/+89)'4'*' )53 8+3'>)533+8)/'2 )53 );9.='1+ )53 '</954?5;4- )53 )(8+ )'

=== 4'/() )' 3')*54'2*)533+8)/'2 )53 022 )'

=== 2++<'4)5;<+8 )53 *+<+4)58+41, )53 .7)533+8)/'2 )' ,583 )' B8+ )' 12+/4-85;6 )53 254*546')/A) )'

+71+= +/+/7 </)+ 68+9/*+4: '4* 3'4'-/4- (851+8 8+'2 +9:':+ 3'4'-+3+4: 9+8</)+9 8/:/9. 52;3(/'

+6+0 ".46:'1*743 */8+):58

+3*6/0 &+77+1 +>+);:/<+ 3'4'-/4- */8+):58

/).'+1 ++3'3 3'4'-/4- */8+):58 "'4)5;<+8

462 "'=146 +>+);:/<+ </)+ 68+9/*+4: '4* 3'4'-/4- */8+):58

43 /7.45 +>+);:/<+ </)+ 68+9/*+4: '4* 3'4'-/4- 68/4)/6'2 '3+8 '86/)+11/ </)+ 68+9/*+4: '4* 3'4'-/4- (851+8

':/* 44*2'3 68/4)/6'2 '60 44*2'3 68/4)/6'2

':/* 466/7 68/4)/6'2 43 9)01+= 68/4)/6'2 +6/)0 190+6 68/4)/6'2

978/3 /8).+11 6'8:4+8 ;+3 %'8+7 6'8:4+8 +6+0 !+3,8 6'8:4+8

9-+3 1+/3 68/4)/6'2

+'8. $/11/'27 68+9/*+4: '4* 3'4'-/4- (851+8 +3 $/11/'27 9'2+9 9/:+ '99+3(2? '4* ')7;/9/:/549

5;8)+9 4:+8</+=9 =/:. '(5<+ )536'4/+9 /4,583':/54 ,853 :.+ +'2 9:':+ 5;4)/2 5, '4* 8+9+'8). 5: 685</*+* 583+82? !& "'4)5;<+8

4( +7 6/7'= 3'4'-/4- 6'8:4+8 "43= +8:/3).90 3'4'-/4- */8+):58 '= .6+37 +>+);:/<+ </)+ 68+9/*+4: '4* 3'4'-/4- (851+8 ':/3 +=341*7 9+4/58 </)+ 68+9/*+4: .6/7 3*+6743 9+4/58 </)+ 68+9/*+4: (851+8'-+

%# ## %& " 3'1+9 +<+8? '::+36: :5 6;(2/9. '));8':+ /4,583':/54 /4 :.+ /9: (;: '));8')? )'445: (+ -;'8'4:++* +9+'8).+* (? 44' /)@3'491' #$# &

Development renderings shown are for general illustration purposes and should not be relied upon to accurately represent the building when completed. The developer reserves the right to make modifications before or after an Information Statement is filed. E.&O.E.

00_Office Space 2017_01 2.indd 54

2017-05-03 10:29 AM


Integrated fullpage_Layout 1 16 11 22 11:33 AM Page 1

TRUSTED CONTENT INTEGRATED SOLUTIONS

Business in Vancouver is BC’s most significant voice of local business news and information. We write, broadcast and post across seven platforms—print, digital, video, radio, podcasts, magazines and special events—as one of Canada’s leading integrated media companies. For three decades we’ve successfully connected organizations like yours with the business audience and community.

Get Connected | Call: 604-688-2398 or email: ads@biv.com

00_Office Space 2017_01 2.indd 55

BIV.COM

2017-05-03 10:29 AM


56 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

OFFICE BUILDING DIRECTORY WEST VANCOUVER nad

NORTH VANCOUVER aH wy

India n Ar m

Trans-C a

Burrard Inlet

PORT MOODY

VANCOUVER CENTRAL BUSINESS DISTRICT NORTH

VANCOUVER CENTRAL BUSINESS DISTRICT SOUTH English Bay

Barnet

Hasting

s Nanaimo

UBC

Hwy

SFU

Lou

ghe

ed

Hw

y

VANCOUVER BROADWAY COQUITLAM

gsw

Oak

Cambie

Granville

Dunbar

VANCOUVER

Kin

ay

BURNABY Lougheed

iver a s-C a nad

wy

H

Frase r

rR se

PORT COQUITLAM

n Tra

Boundary Rd

Marine Dr

North A rm

NEW WESTMINSTER

Fra

41st Ave 49th Ave

Hwy

Rive r

Richmond freeway Fra

Strait of Georgia

Westminster Hwy

se

RICHMOND iver er R

Hwy 91

S ou th Ar

SURREY

DELTA YUKON

NORTHWEST TERRITORIES

ALASKA

HAIDA GWAII

wy

King George Hwy

m

s Fra

rH

Hwy 10

Hwy 99

ALBERTA

BRITISH COLUMBIA

VANCOUVER ISLAND VANCOUVER VICTORIA SEATTLE

WASHINGTON

Boundary Bay

WHITE ROCK

BRITISH COLUMBIA, CANADA WASHINGTON, U.S.

00_Office Space 2017_01 2.indd 56

2017-05-03 10:29 AM


AT I

NG

RA TE

ER OP

VA TE

NT AL

RE

AV CO ER A ST GE

144

1979

1999

$26

$18.72

U

190 Alexander St/Harbourview

M–Anthem Properties/Sandy Schnoor 604-689-3040/ L–Avison Young/Robin Buntain/Matt Walker 604-647-5085

39,634

n/a

42,655 6

34

1979

n/a

n/a

$13.83

U

$11

M BO

LA

ST

YE

BU

NG

AR

KI

EY OR

TO

TA I RE

FIC OF

A

AV E

GE

YE

192,814 16

RA

PA R

25,464

S

167,350

TA L

M–Peterson Commercial/Stefanie Weng 604-688-4885/ L–Peterson Commercial/Dave Kristen/Ivy Yung

LS

1166 Alberni St

E

ST

AR

ILT

ST AL

RE

LS

NO

ET FE RE UA

SQ

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

QU

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 57

VANCOUVER CENTRAL BUSINESS DISTRICT NORTH

560 Beatty St

M–Cowan Properties 604-834-3545/L–Corbel Commercial Inc/Robert Tham/Marc Saul 604-609-0882 26,700

5,300

32,000 6

1920

n/a

n/a

788 Beatty St

M/L–Reliance Properties/Steve Horovitz 604-689-1119

54,000

n/a

59,500 6

1910

1985

$19

$9.96

200 Burrard St/Waterfront Centre

M–Cadillac Fairview 604-646-8021/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

365,194

29,158

394,155 21

608

1990

n/a

n/a

$24.92

U

355 Burrard St/The Marine Bldg

M–Oxford Properties/Steve Patrick 604-893-3206/L–Oxford Properties/Ted Mildon 604-893-3230

145,727

23,403

169,130 22

280

1930

2014

$33

$23.72

U

400 Burrard St/Commerce Place

M–GWL Realty Advisors/Frank Vecchio 604-713-8913/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

211,015

15,734

226,749 21

146

1985

n/a

n/a

$22.43

U

240,455

505 Burrard St/Bentall One

M–Canderel Management/L–Canderel Pacific Management/David Haugen 604-889-7157

16,185

256,640 21

525

1967

2003

n/a

$23.01

510 Burrard St

M–Manulife Financial/Kathy Ireland 604-438-2302/L–Manulife Financial/Paula Wright 604-717-8235 205,000

n/a

205,055 14

156

1985

2003

n/a

n/a

U

550 Burrard St/Bentall Five

M–Bentall Kennedy/Jon Wellman 604-661-5056/L–Bentall Kennedy/Jeff Lim 604-661-5619

577,796

n/a

577,796 33

975

2002

2007

n/a

$20.82

U

555 Burrard St/Bentall Two

M–Canderel Management/L–Canderel Pacific Management/David Haugen 604-889-7157

168,086

6,598

174,684 18

1,057 1969

2003

n/a

$22.33

595 Burrard St/Bentall Three

M–Canderel Management/L–Canderel Pacific Management/David Haugen 604-889-7157

459,659

13,846

473,505 32

1,057 1974

1994

n/a

$22.11

666 Burrard St/Park Place

M–GWL Realty Advisors/Frank Vecchio 604-713-8913/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

577,614

18,775

596,389 35

533

1984

2007

n/a

$21.60

U

750 Cambie St/Centennial Bldg

M–Peterson Commercial/Stefanie Weng 604-688-4885/L–Peterson Commercial/Ivy Yung

70,500

n/a

70,500 7

40

1960

2005

$22

$15.56

U

999 Canada Pl/World Trade Centre Office Complex

M–Ocean Pacific Management/Kim Clark 604-682-7391/ L–Colliers/John Freyvogel/Rob Chasmar 604-661-0806

210,000

n/a

210,000 6

160

1986

2000

$35

$18.56

U

601 Cordova St W/The Station

M–Cadillac Fairview 604-646-8021/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

85,967

n/a

85,967 5

173

1913

1980

n/a

$18.58

U

111 Dunsmuir St/AMEC Bldg

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

218,416

3,719

222,135 13

242

1994

n/a

n/a

n/a

U

777 Dunsmuir St/Pacific Centre Tower IV

M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

264,088

n/a

264,088 19

398

1990

2005

n/a

$22.95

U

885 Dunsmuir St

M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Management/Colin Murray 604-638-0327

100,462

7,260

107,722 10

16

1970

n/a

$24

$16.58

U

888 Dunsmuir St/ XCHANGE Conference Centre

M–Manulife Real Estate 778-328-1605/L–Manulifa Real Estate/Paula Wright 604-717-8235

89,730

4,632

94,362 15

120

1991

n/a

n/a

n/a

U

1055 Dunsmuir St/Bentall Four

M–Canderel Management/L–Canderel Pacific Management/David Haugen 604-889-7157

531,078

14,779

545,857 35

475

1981

1998

n/a

$20.44

401 Georgia St W

M–Oxford Properties/Jesse Hague 604-893-3244/L–Oxford Properties/Ted Mildon 604-893-3230

267,296

1,780

269,076 22

298

1985

1997

$33

$23.02

U

475 Georgia St W/BC Turf Bldg

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

103,361

n/a

103,361 10

90

1974

n/a

$24

$19.64

U

510 Georgia St W/Telus Garden

M–Telus Holdings 604-684-5852/L–JLL/Mark Chambers 604-998-6005

477,185

n/a

477,185 24

280

2015

n/a

n/a

$20.32

650 Georgia St W/Vancouver Centre

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

387,426

86,697

474,123 34

473

1977

2015

n/a

$22.01

U

700 Georgia St W/ TD Tower (Pacific Centre)

M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

470,911

n/a

470,911 30

1,975 1972

2004

n/a

$22.11

U

701 Georgia St W

M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

216,690

n/a

216,690 18

145

1975

2010

n/a

$22.63

U

885 Georgia St W/HSBC Bldg

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

364,713

18,182

382,895 23

450

1986

n/a

n/a

$22.81

U

925 Georgia St W/Cathedral Place

M–Shon Group Realty/Maria Johnson 604-669-3312/L–JLL/Mark Chambers 604-998-6005

307,399

8,616

316,015 23

351

1991

2008

n/a

$19.54

U

1030 Georgia St W/Burrard Bldg

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

207,095

n/a

250,000 19

158

1957

1990

n/a

$20.77

U

1040 Georgia St W/The Grosvenor Bldg

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

195,102

8,648

203,766 22

236

1984

n/a

n/a

$23.81

U

1055 Georgia St W/Royal Centre

M–Warrington PCI/L–Avison Young/Matthew Craig/Justin Omichinski 604-647-5076

435,000

n/a

853,000 37

688

1973

2015

$34

$23.42

1075 Georgia St W

M–QuadReal Property/L–QuadReal Property Group/Jeff Rank 604-975-9623

340,700

7,300

348,000 26

226

1968

2002

n/a

$20.88

U

1090 Georgia St W

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

140,501

4,682

144,181 16

77

1976

1986

$26

$20.87

U

1111 Georgia St W/FortisBC Centre

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

316,512

9,340

349,010 24

394

1992

2003

n/a

$21.52

U

1185 Georgia St W

M–CREIT Management/Ryan Swire 604-683-1185/L–CREIT Management/Robert O’Brien

146,846

18,964

165,810 16

155

1985

1992

$24

$21.96

U

1188 Georgia St W

M–GWL Realty Advisors/Randy Felty 604-713-6481/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

199,979

4,594

204,573 21

59

1980

1997

n/a

$19.22

U

1281 Georgia St W/Georgia Bldg

M–Warrington PCI/Jenny Will 604-331-5243/L–BCG Properties/Jessica Law 604-688-2942

72,257

n/a

84,640 10

74

1959

2006

$18

$19.59

U

1455 Georgia St W/Lea Bldg

M–Warrington PCI/Jenny Will 604-331-5243/L–BCG Properties/Jessica Law 604-688-2942

31,853

n/a

31,853 8

11

1969

2005

n/a

$17.25

U

1500 Georgia St W/1500 West Georgia

M–SDM Realty Advisors 604-688-5658/L–Bosa Properties/Darrell Hurst 604-412-0464

193,067

n/a

193,067 20

137

1978

2003

$26

$20.91

U

200 Granville St/Granville Square

M–Cadillac Fairview 604-646-8021/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

381,644

13,162

394,097 28

460

1973

2012

n/a

$23.58

U

409 Granville St/United Kingdom Bldg

M–Peterson Commercial/Stefanie Weng 604-699-5209/L–Colliers/Derek May 604-661-0837

195,956

15,142

211,098 17

64

1961

1988

$24

$16.95

U

470 Granville St/Rogers Bldg

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

98,324

17,236

115,560 12

1911

n/a

n/a

$14.70

U

609 Granville St/Canaccord Genuity Pl

M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

284,170

n/a

284,170 24

1,575 1981

2005

n/a

$21.40

U

725 Granville St

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

300,000

48,000

348,000 7

2015

n/a

n/a

$21.28

U

736 Granville St/Vancouver Block

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

84,733

6,309

91,042 16

1912

2008

n/a

$16.49

U

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

37,099

7,495

44,594 5

1899

2008

$24

$17.19

U

440 Hastings St W

L–Lee & Associates/Don Mussenden/Jason Marriott 604-630-3373

21,000

n/a

21,000 3

1908

n/a

n/a

n/a

00_Office Space 2017_01 2.indd 57

2017-05-03 10:29 AM


58 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

AT I

NG

RA TE

ER M

AV CO ER A ST GE

A

OP

VA TE

NT AL

RE RA

YE ST

GE

AR

ILT

ST AL

BU AR

1977

2005

n/a

$20.41

1956

2003

$21

$13.44

675 Hastings St W/Royal Bank Bldg

M–UPG Uptown Property Group/Donna Bisaro 604-688-7900/ L–UPG Uptown Property Group/Bart Slotman 604-688-7750

108,630

n/a

108,630 16

1930

2016

n/a

n/a

1910

1990

$22

$13.54

1976

1989

$24

$17.47

U

BO

700

AV E

323,707 28 74,204 8

LA

50,595 10,000

YE

PA R

KI

NG

S EY

249,707 65,000

TO

M–Polaris Realty 604-689-7304/L–Colliers/John Freyvogel 604-661-0806 M/L–Reliance Properties/Steve Horovitz 604-689-1119

RE

555 Hastings St W/Harbour Centre 602 Hastings St W/Reliance Bldg

OF

ST

OR

RE

LS

NO

ET FE RE UA

TA L

SQ

QU LS TA I

E

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

FIC

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

U

744 Hastings St W/Pemberton Bldg

M/L–Reliance Properties/Steve Horovitz 604-689-1119

67,500

5,000

72,500 8

815 Hastings St W

M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Management/Colin Murray 604-638-0327

100,015

9,560

109,575 10

850 Hastings St W/Credit Foncier

M–Triovest Realty Advisors/Nancy Westfall 604-642-4501/ L–Triovest Realty Advisors/Jon Leugner 604-484-0915

44,350

4,418

48,768 10

1914

1992

n/a

$20.90

U

900 Hastings St W/900 West Hastings

M–UPG Uptown Property Group/Donna Bisaro 604-688-7900/ L–UPG Uptown Property Group/Bart Slotman 604-688-7750

97,096

5,370

102,466 14

1966

2009

n/a

n/a

U

26

999 Hastings St W/AXA Place

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

203,219

n/a

203,219 19

120

1981

2003

n/a

$20.59

U

1021 Hastings St W/MNP Tower

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

271,260

n/a

271,260 35

280

2014

n/a

$44

$21.49

U

1055 Hastings St W/Guinness Tower

M–Oxford Properties/Steve Patrick 604-893-3206/L–Oxford Properties/Ted Mildon 604-893-3230

252,339

3,858

256,373 25

277

1969

2014

$34

$24.37

U

1066 Hastings St W/Oceanic Plaza

M–Oxford Properties/Steve Patrick 604-893-3206/L–Oxford Properties/Ted Mildon 604-893-3230

331,128

21,209

345,468 26

228

1977

2005

$35

$23.02

U

1111 Hastings St W

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

94,866

n/a

107,459 13

250

1966

1996

n/a

$17.09

U

1177 Hastings St W

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

305,000

13,448

340,999 26

600

1968

2009

n/a

$19.49

U

1199 Hastings St W/Hastings Bldg

M–Wicklow West 604-689-5050/L–Wicklow West/Jason Sanders

63,936

n/a

63,936 14

1968

1993

$22

$17.89

580 Hornby St

M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Management/Colin Murray 604-638-0327

53,385

2,716

56,101 9

32

1986

2000

$24

$18.05

U

777 Hornby St

M–QuadReal Property/L–QuadReal Property Group/Brent Lee 778-554-3520

135,585

11,400

149,500 21

457

1969

1996

n/a

$20.35

U

250 Howe St/ PricewaterhouseCoopers Place

M–Cadillac Fairview 604-646-8020/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

238,389

2,271

240,683 20

460

2002

n/a

n/a

$23.02

U

475 Howe St/The Exchange

M–Credit Suisse 212-325-2000/L–JLL/Mark Chambers 604-998-6005

360,469

11,531

372,000 31

158

2017

n/a

n/a

$19.85

625 Howe St/Standard Life Bldg

M–Manulife Real Estate 778-328-1605/L–Manulife Real Estate/Patrick Henry

125,400

5,874

131,274 14

120

1975

1993

n/a

$17.28

669 Howe St/Offices at Hotel Georgia

L–CBRE Ltd/Bill Coulter/Eli Applebaum 604-662-5131

80,000

n/a

80,000 9

1927

2010

n/a

$20.50

1100 Melville St/Sun Life Plaza

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

150,311

9,254

159,565 16

114

1982

2006

n/a

$17.45

1111 Melville St

M–Porandom Management/Connie Chau 604-687-6790/ L–Cushman & Wakefield/Jennifer Robertson 604-640-5894

105,372

n/a

116,544 12

112

1976

n/a

n/a

$16.95

577

U U

U

1133 Melville St

M–Oxford Properties 604-893-3204/L–Oxford Properties/Ted Mildon 604-893-3230

70,195

9,041

79,236 10

1982

n/a

$24

$17.20

1190 Melville St/Wyland Bldg

M/L–Reliance Properties/Steve Horovitz 604-689-1119

41,000

7,000

48,000 7

1965

1999

$21

$12.58

905 Pender St W/King George Group Bldg

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

32,400

n/a

32,400 6

1963

2002

$20

$17.95

U

119 Pender St W/Duncan Bldg

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

51,239

8,847

60,286 7

1911

n/a

n/a

$12.92

U

128 Pender St W/Sun Tower

M–Allied Properties REIT/Gord Oughton 604-260-3736/L–CBRE Ltd/Tara Finnegan 604-662-5159

77,541

6,000

88,300 17

1912

2011

n/a

$20.91

303 Pender St W

M–Colliers/L–Colliers/John Freyvogel 604-661-0806

24,000

6,000

30,000 3

1900

n/a

$29

$14

402 Pender St W/BC Securities Bldg

M/L–Reliance Properties/Steve Horovitz 604-689-1119

40,000

5,000

46,187 8

1912

n/a

$21

$10.86

700 Pender St W/Pender Place I

M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

142,633

5,539

146,854 17

202

1972

2000

n/a

$19.88

U

750 Pender St W/Pender Place II

M–Cadillac Fairview 604-688-7236/L–Cadillac Fairview/Lou Ficocelli 604-630-5307

142,000

3,890

142,000 17

116

1974

2000

n/a

$20.37

U

789 Pender St W

M–Triovest Realty Advisors/Nancy Westfall 604-642-4501/ L–Triovest Realty Advisors/Jon Leugner 604-484-0915

112,908

5,739

118,647 15

1929

1991

n/a

$19.07

U

800 Pender St W

M–West Pender Property Group/Mike Rushford 604-638-0331/ L–West Pender Property Management/Colin Murray 604-638-0327

106,582

n/a

112,866 16

1978

1999

$22

$18.65

U

890 Pender St W

M–West Pender Property Group/Mike Rushford 604-683-0331/ L–West Pender Property Management/Colin Murray 604-638-0327

58,276

6,663

64,939 8

1965

1998

$23

$16.50

U

1050 Pender St W

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

220,129

n/a

220,129 22

1973

1993

n/a

$16.61

U

1090 Pender St W

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

71,297

5,202

76,499 12

1971

1999

n/a

$17.73

U

1095 Pender St W/Manulife Place

M–Manulife Financial/Kathy Ireland 04-438-2302/L–Manulife Financial/Paula Wright 604-717-8235 210,000

4,000

214,000 22

186

1991

2003

n/a

$21.97

U

1112 Pender St W

M–Warrington PCI/Jenny Will 604-331-5243/L–BCG Properties/Jessica Law 604-688-2942

n/a

69,497 10

43

1963

2014

$19

$17.62

U

57,190

28

247

U

D E LTA S I E R R A C O N S T R U C T I O N A N D M I L LW O R K LT D. Serving Western Canada with general contracting and construction expertise since 2000. + + + + + +

Specializing in commercial interiors Complete project management Tenant improvements Design / Build Renovations Custom millwork

Contact Doug Chilton dchilton@deltasierraconstruction.com

00_Office Space 2017_01 2.indd 58

2017-05-03 10:29 AM


AT I

NG

RA TE

ER

1980

2006

n/a

$18.87

U

149

1984

2006

n/a

$17.37

U

1155 Pender St W/Shorehill Bldg

83,068

n/a

83,068 7

51

1967

2003

$17

$14.97

M–Wicklow West 604-689-5050/L–Wicklow West/Jason Sanders M–Reliance Properties Ltd 604-689-1119/L–Colliers/Dan Jordan 604-692-1472

139,569

n/a

150,771 16

105

1975

2004

n/a

$11.84

M–Reliance Properties Ltd 604-689-1119/L–Reliance Properties Ltd/Steve Horovitz

72,000

14,000

75,254 9

60

1955

2003

$23

$12.87 $18.73

1201 Pender St W/East Asiatic House

M–Wicklow West 604-689-5050/L–Wicklow West/Jason Sanders

59,483

n/a

59,483 8

102

1966

2008

$18

1208 Pender St W/The Ritz

L–Avison Young/Dan Smith 604-646-8397

27,644

n/a

27,644 3

54

2008

n/a

$29

$10.10

1285 Pender St W/Evergreen Bldg

M–QuadReal Property 604-661-5084/L–QuadReal Property Group/Brent Lee 778-554-3520

101,100

5,100

106,200 10

75

1980

2007

n/a

$17.07

509 Richards St/The Lumberman’s Bldg

M–Lumberman’s Building Corp/L–CBRE Ltd/Michael White 604-662-5120

28,025

n/a

28,025 8

1912

2007

n/a

$13.80

550 Robson St

M–Onni Group/Steve Jantzen 604-259-2472

35,192

7,000

35,192 3

605 Robson St/Vancouver House

M–Unimet Investments Ltd 604-688-1883/L–RPM Realty/Roy Gibbs 604-684-8291

138,308

n/a

144,000 16

969 Robson St/Robson Central

M–Morguard Investments/Michael Walker 604-681-9474/ L–Morguard Investments/Faye Tam 604-602-6450

80,824

47,092

127,916 6

1155 Robson St/John Robson Place

M–Warrington PCI/Deryk Brower 604-331-5232/L–Colliers/Derek May 604-661-0837

78,964

n/a

79,950 7

333 Seymour St/Grant Thornton Place

M–Morguard Investments/Michael Walker 604-681-9474/ L–Morguard Investments/Faye Tam 604-602-6450

150,735

3,760

154,495 17

71,247

170

141

M BO

LA

ST

YE

BU

NG

AR

KI

EY OR

TO

TA I RE

FIC OF

1166 Pender St W/Revenue Canada 1199 Pender St W

A

AV CO ER A ST GE

OP

VA TE

NT AL

RE

AV E

GE

YE

152

170,778 18

RA

PA R

140,180 15

3,300

S

2,312

167,087

TA L

137,868

LS

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

1140 Pender St W/Sun Life Financial Centre M–Bentall Kennedy/Michael Cole 604-661-5632/L–Bentall Kennedy/Jeff Lim 604-661-5619

1130 Pender St W

E

ST

AR

ILT

ST AL

RE

LS

NO

ET FE RE UA

SQ

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

QU

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 59

U

2004

n/a

$28.50

$14.13

1989

n/a

$23

$17.11

1956

2013

n/a

$19.33

U

1947

1992

$17

$18.43

U

1985

2005

n/a

$21.17

U

510 Seymour St/FiveTen

L–Colliers/Marco DiPaolo 604-661-0838

5,042

76,837 10

2017

n/a

$36

$19.50

525 Seymour St/Seymour Bldg

M–Aquilini Group Properties 604-687-8813/L–Aquilini Group Properties/Drew Hardisty 604-909-7943 43,807

n/a

47,949 10

1914

2014

$25

$14.07

698 Seymour St/Seymour Bldg

M–Colliers/L–Colliers/Devin Ringham 604-692-1445

31,168

7,107

38,275 4

1971

n/a

$13

$13.15

638 Smithe St/Vancouver Motors Bldg

L–Colliers/Marco DiPaolo 604-661-0838

27,707

n/a

27,707 2

1925

2013

$32

$15.50

535 Thurlow St/Phillips Bldg

M–Onni Group/Kyle Van Leeuwen 604-488-2771/ L–JLL/Scott MacDonald/Andrew Astles 604-990-6020

61,861

n/a

61,861 8

21

1966

1990

n/a

$14.75

U

745 Thurlow St

M–QyadReal Property/L–QuadReal Property/Jeff Rank 604-975-9623

380,000

35,000

430,000 25

314

2015

n/a

n/a

$20.32

U

68 Water St/Deighton Bldg

L–Re/Max Commercial Advantage/John Moody 778-837-3760

27,000

9,500

45,500 5

1899

1980

$20

$9.75

U

VANCOUVER CENTRAL BUSINESS DISTRICT SOUTH 858 Beatty St/Pivotal Bldg

M–Warrington PCI/Kim Steppan 604-331-5237/L–CBRE Ltd/Blair Quinn 604-662-5161

171,256

n/a

171,256 7

416

2002

n/a

$35

$20.69

U

800 Burrard St

M–Oxford Properties/Jesse Hague 604-893-3204/L–Oxford Properties/Ted Mildon 604-893-3230

202,024

20,214

222,238 19

296

1979

2000

n/a

$15.95

U

we capture visions and dreams to create friendly attractive workplaces. • Interior Design • Project Management • Change of Use • Construction

WE BUILD WHAT WE DESIGN! Taylor Carroll 604-313-5907

Filip Tretjak 604-626-2100

Brian Carroll 604-880-2248 Office 604-683-8407 www.counterpoints.com

00_Office Space 2017_01 2.indd 59

2017-05-03 4:02 PM


60 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

AT I

n/a

n/a

$17.92

845 Cambie St/Law Society Bldg

M–Law Society of BC 604-669-2533/L–Colliers/John Freyvogel/Devin Ringham 604-661-0806

92,000

n/a

92,000 10

89

1984

1992

$23

$19.21

1937

1980

$21

n/a

1990

n/a

$20

$19.69

2016

n/a

n/a

$16

896 Cambie St

M/L–Peal Management Inc/Leo Poulos 604-734-3400

24,000

6,200

30,200 3

L–JLL/Mark Trepp 604-998-6035

65,000

n/a

65,000 3

89 Georgia St W/ Rogers Arena - West Tower

M–Aquilini Properties 604-687-8813/L–CBRE Ltd/Blair Quinn 604-662-5181

88,484

n/a

106,581 26

82

929 Granville St

M–Soco Investments Inc 604-685-8471/L–Avison Young/Fergus Cameron 604-647-5099

63,000

8,000

71,000 6

1040 Hamilton St/Yaletown Centre

M–MDC Property Services 604-678-0244/L–CBRE Ltd/Tara Finnegan 604-662-5159

42,000

n/a

48,000 4

28 39

1900

1989

$22

$12

1912

1988

$25

$24.80

1168 Hamilton St

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

46,200

n/a

46,200 5

1916

1989

$25

$15.50

990 Homer St

L–CBRE Ltd/Geoff Donelly 604-662-5130

43,856

n/a

45,000 5

1950

2000

$28

$18.50

1008 Homer St/North Western Bldg

M–The Mangement Group/Moreno Zen 604-681-1816/ L–JLL/Corbin Macdonald/Andrew Astles 604-998-6034

44,500

n/a

60,000 5

1908

1998

n/a

n/a

1050 Homer St

M–Macdonald Development 604-331-6018/ L–Avison Young/Matt Walker/Robin Buntain 604-647-5074

21,000

n/a

43,493 4

1950

2006

n/a

$15.54

1085 Homer St/The Cossette

L–Colliers/Graham Davidson 604-694-7206

51,000

n/a

54,000 6

2003

n/a

n/a

$19.62

1090 Homer St

M–GWL Realty Advisors/Jillian Mann 604-713-7724/ L–GWL Realty Advisors/Blair Stewart 604-713-8902

47,273

17,002

64,275 5

1917

1993

n/a

$21.05

66

A M

n/a

2001

BO

AV CO ER A ST GE

n/a

1982

AV E

2019 117

LA

150,000 13 114,256 7

1001-1085 Cambie St/Yaletown Mews

NG

RA TE

ER OP

VA TE

NT AL

RE GE

AR YE ST

RA

ILT

ST AL

BU AR

YE

n/a n/a

ST

150,000 114,256

TO

M–Reliance Properties Ltd 604-689-1119/L–Colliers/Dan Jordan 604-692-1472 M–Bentall Kennedy 604-646-2869/L–Bentall Kennedy/Jeff Lim 604-661-5619

RE

1280 Burrard St/Offices at Burrard Place 1380 Burrard St/Kilborn Bldg

OF

PA R

KI

NG

S EY OR

RE

LS

NO

ET FE RE UA

TA L

SQ

QU LS TA I

E

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

FIC

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

U

U

1250 Homer St

L–Cushman & Wakefield/Iain Young 604-640-5807

26,000

n/a

32,500 6

2002

n/a

$25

$16.67

1286 Homer St

M–Allied Properties REIT/L–CBRE Ltd/Tara Finnegan 604-662-5159

20,424

n/a

20,424 5

1910

n/a

n/a

$22.17

865 Hornby St/Chancery Place

M–Morguard Investments/Michael Walker 604-681-9474/ L–Morguard Investments/Faye Tam 604-602-6450

132,399

10,235

142,634 13

197

1982

n/a

n/a

n/a

U

840 Howe St/Robson Court

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

201,505

9,305

210,810 11

193

1986

n/a

n/a

$18.89

U

900 Howe St

M–Warrington PCI/Deryk Brower 604-331-5232/L–Colliers/Derek May 604-661-0837

97,840

5,624

103,464 10

109

1987

2012

$24

$19.08

U

980 Howe St

M–Manulife Real Estate/Kathy Ireland 604-438-2302/ L–Manulife Real Estate/Paula Wright 604-717-8235

260,000

4,836

269,000 16

217

2015

n/a

n/a

$17

U

1045 Howe St

M–Narland Management 604-681-2747/L–CBRE Ltd/Geoff Donelly 604-662-5130

98,785

2,361

101,146 9

65

1973

2007

$26

$19.61

1125 Howe St

M–Wicklow West 604-689-5050/L–Wicklow West/Jason Sanders

128,912

n/a

128,912 14

150

1985

2007

$22

$12.91

268 Keefer St/Sun Wah Centre

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

32,000

28,000

60,000 7

245

1987

n/a

$15

$9.50

1122 Mainland St

M–Mainland Ventures/Alan Firth 604-732-6540/L–JLL/Mark Trepp 604-998-6035

60,333

20,812

81,143 5

66

1915

1991

n/a

$15.50

808 Nelson St/Nelson Square

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

190,000

n/a

209,200 25

235

1982

1999

n/a

$17.35

VANCOUVER BROADWAY — SURROUNDING AREA 111 4th Ave E/Q4 Block

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

27,206

n/a

27,206 5

2017

n/a

n/a

$10.25

106-112 6th Ave E/The Alpha Bldg

M/L–Alpha Equities Ltd 604-279-0344

22,300

n/a

22,300 3

16

n/a

n/a

n/a

$11.75

505-525 Broadway W/Cross Roads Complex

M–Triovest Realty Advisors/L–Triovest Realty Advisors/Jocelyne Legal 604-642-4504

97,264

4,464

101,728 5

500

2009

n/a

n/a

$22.41

80

1770 Burrard St

L–Colliers/Derek May 604-661-0837

44,708

n/a

47,411 4

569 Great Northern Way

L–CBRE Ltd/Luke Gibson 604-662-5142

65,000

n/a

65,000 7

1553-1557 Main St/Central

M–Onni Property Managemenrt/Joel Rao 604-602-7711/L–Onni Group/John Middleton

85,000

14,000

104,000 7

333 Terminal Ave

M–369 Terminal Holdings/Irwin Lee 604-899-2788/ L–Lee & Associates/Howard Malchy 604-895-2226

114,000

4,198

133,000 8

151

369 Terminal Ave/Vantech Centre II

M–369 Terminal Holdings/Irwin Lee 604-605-0166/ L–Lee & Associates/Howard Malchy/Russell Long 604-895-2226

144,000

1,658

159,000 8

172

2920 Virtual Way/ Broadway Tech Centre - Bldg 6

M–QuadReal Property/L–QuadReal Property Group/Jeff Rank 604-975-9623

160,000

10,000

2925 Virtual Way/ Broadway Tech Centre - Bldg 1

M–QuadReal Property/L–QuadReal Property Group/Jeff Rank 604-975-9623

113,941

2940 Virtual Way/ Broadway Tech Centre - Bldg 7

M–QuadReal Property/L–QuadReal Property Group/Jeff Rank 604-975-9623

2955 Virtual Way/ Broadway Tech Centre - Bldg 2 2985 Virtual Way/ Broadway Tech Centre - Bldg 3

U

1973

1988

n/a

$16.76

2018

n/a

n/a

$16.75

2014

n/a

n/a

n/a

1990

1996

$22

$11

2000

n/a

$26.50

$12

175,000 4

2015

n/a

n/a

n/a

U

n/a

113,941 4

2008

n/a

n/a

$15.27

U

79,413

n/a

79,413 3

2010

n/a

n/a

n/a

U

M–QuadReal Property/L–QuadReal Property Group/Jeff Rank 604-975-9623

147,118

n/a

147,118 5

2001

n/a

n/a

$15.04

U

M–QuadReal Property/L–QuadReal Property Group/Jeff Rank 604-975-9623

113,932

n/a

113,932 4

2001

n/a

n/a

$15.77

U

190

U

VANCOUVER BROADWAY CORRIDOR 555 12th Ave W/City Square

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

128,000

120,000 302,000 6

726

1989

2002

n/a

$22.95

U

1385 8th Ave W

M–Triovest Realty Advisors 604-484-0906/L–Triovest Realty Advisors/Jon Leugner 604-484-0915

82,678

4,331

87,009 6

161

1982

2008

n/a

$19.33

U

1401 8th Ave W/Malvern Bldg

M–Wicklow West 604-689-5050/L–Wicklow West/Jason Sanders

54,544

n/a

54,544 4

109

1979

2004

$16

$17.37

83,492

550 Broadway W/Neelu Bachra Centre

M–Orca West Developments 604-709-3355/L–CBRE Ltd/Tara Finnegan 604-662-5159

8,333

n/a

7

2014

n/a

$34

$20

558 Broadway W/Neelu Bachra Centre

M–Orca West Developments/L–Cushman & Wakefield/Matthew MacLean/Chris Newton 604-640-5855 79,096

n/a

83,042 7

2012

n/a

n/a

$16

750 Broadway W/Fairmont Medical Bldg

M–Peterson Commercial/Stefanie Weng 604-689-0603/ L–Peterson Commercial/Dave Kristen/Ivy Yung 604-699-2285

13,761

133,000 14

144

1960

1997

$25

$19.83

777 Broadway W

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

53,000

n/a

75,000 12

156

805 Broadway W/805 Broadway Centre

M–SDM Realty Advisors 604-688-5658/L–SDM Realty/Karen Geung 778-383-6280

85,100

19,832

100,857 19

812 Broadway W/Willow Medical Bldg

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

20,500

5,202

25,702 7

943 Broadway W/Broadway Medical Bldg

L–CBRE/Brad Haw 604-662-5132

42,412

8,129

50,541 10

00_Office Space 2017_01 2.indd 60

122,880

1988

n/a

$26

$18.75

1974

n/a

$25

$21.17

96

1971

n/a

$15

$19

167

1982

1999

n/a

$17.11

U

U

2017-05-03 10:29 AM


AT I

n/a

$15.50

1993

n/a

$18.87

1001 Broadway W

M–Rosebud Properties Ltd 604-738-4777/ L–Cushman & Wakefield/Matthew MacLean/Chris Newton 604-640-5855

46,659

10,401

57,060 6

134

1989

2008

$25

$17.51

1995

n/a

$30

$23.11

66

1984

n/a

$24

$15.46

A M

n/a

1972

BO

AV CO ER A ST GE

2012 150

AV E

90,000 9 62,297 9

LA

NG

RA TE

ER OP

VA TE

NT AL

RE GE

AR YE ST

RA

ILT

ST AL

BU AR

YE

8,000 6,336

ST

82,000 50,862

TO

M–BlueSky Properties/L–Colliers/Marco diPaolo 604-661-0838 M–TPMG Capital/Irene Leung 604-739-6188/L–TPMG Capital/Glenn Wood 604-742-3463

RE

988 Broadway W/Broadway & Oak 999 Broadway W/BCAA Bldg

OF

PA R

KI

NG

S EY OR

RE

LS

NO

ET FE RE UA

TA L

SQ

QU LS TA I

E

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

FIC

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 61

1055 Broadway W/The Michaelangelo

L–Re/Max Central/Dave Hall 604-718-7309

61,521

n/a

61,521 8

1195 Broadway W/King Day Bldg

M–King Day Holdings 604-738-8819/L–CBRE Ltd/Brad Haw 604-662-5132

30,603

4,643

35,246 5

1285 Broadway W

M–Triovest Realty Advisors 604-484-0906/L–Triovest Realty Advisors/Jon Leugner 604-484-0915

83,821

23,485

105,908 8

220

1984

2014

n/a

$19.95

U

1333 Broadway W

M–Triovest Realty Advisors 604-484-0906/L–Triovest Realty Advisors/Jon Leugner 604-484-0915

181,356

7,534

188,890 14

419

1991

n/a

n/a

$19.62

U

1338 Broadway W/Broadway Pacific Place M–S & U Homes 604-733-3532/L–Dorset Realty Group/Colin Schuss 604-270-1711

31,982

20,413

58,970 4

120

1990

n/a

$22

$15.25

1401 Broadway W

M–Warrington PCI/Elizabeth Han/L–CBRE Ltd/Brad Haw 604-662-5132

24,000

n/a

34,000 8

1994

n/a

$28

$19.15

U

1508 Broadway W

M–CREIT Management/Ryan Swire 6045-683-1185/ L–CREIT Management/Robert O’Brien 604-683-1185

82,291

64,183

146,474 9

265

1998

n/a

n/a

$17.45

U

170

1970

2003

$27

$14.82

1985

n/a

$22

$16.65

1988

n/a

n/a

n/a

1727-1755 Broadway W

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

66,568

n/a

66,568 5

1985 Broadway W/Wawanesa Bldg

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

50,000

n/a

50,000 5

2025 Broadway W/Mainframe Bldg

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

72,757

14,722

90,666 5

187

U

2184 Broadway W/Regent Medical Bldg

M–TPMG Capital/Irene Leung 604-739-6188/L–TPMG Capital/Glenn Wood 604-742-3463

33,081

6,828

42,237 5

64

1959

2001

n/a

$18.89

2590 Granville St/Chapman Bldg

M–Turner Meakin/Brian Meakin 604-736-7020/L–CBRE Ltd/Brad Haw 604-662-5132

21,398

n/a

n/a

22

1920

1971

$18

$17.81

2608 Granville St/South Granville Centre

M–Macdonald Commercial/Nick Marini 604-736-5611/L–Macdonald Commercial/Eric Poon

58,204

38,280

96,484 5

196

1974

2002

$22

$20.38

M–Maple Leaf Property Management/Dali Janic 604-925-8215/L–Maple Leaf Property Management 120,000

27,500

132,000 12

172

1972

2004

$29

$15.87

930 1st St W/Capilano Business Park II

M–Bentall Kennedy 604-646-2880/L–Bentall Kennedy/Tim Evans 604-233-1009

86,618

n/a

86,618 2

129

1992

n/a

n/a

$8.21

U

980 1st St W/Capilano Business Park I

M–Bentall Kennedy 604-646-2880/L–Bentall Kennedy/Tim Evans 604-233-1009

84,059

n/a

84,059 2

133

1991

n/a

$16

$8.30

U

949 3rd St W/Capilano Business Park III

M–Bentall Kennedy 604-646-2880/L–Bentall Kennedy/Tim Evans 604-233-1009

121,197

n/a

121,197 2

160

1994

n/a

n/a

$8.77

U

171 Esplanade W/Esplanade Place

M–Gulf Pacific Group/Ryan Russell 604-990-1500/ L–Forman Pilkington/Ross Forman/Jeff Pilkington 604-980-3003

66,266

n/a

71,325 6

87

1984

1992

$19

$14.01

221 Esplanade W

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

157,410

n/a

157,410 6

233

1983

n/a

n/a

$16.09

U

267 Esplanade W/West Quay Centre

M–Colliers/Bunny Wortman 604-661-0853/ L–Forman Pilkington/Ross Forman/Jeff Pilkington 604-980-3003

50,507

n/a

52,737 3

160

1986

n/a

$18

$12.25

U

38 Fell Ave/Harbourside Centre

M–GWL Realty Advisors/Peter Jenkins 604-713-8920/ L–Avison Young/Terry Thies/Ian Whitchelo 604-646-8398

37,476

n/a

37,476 4

76

2001

n/a

n/a

$16.03

U

788 Harbourside Dr/Harbourside Centre

M–GWL Realty Advisors 604-713-3162/L–GWL Realty Advisors/Peter Jenkins 604-713-8920

33,750

n/a

33,750 2

60

2001

n/a

n/a

$10.46

U

828 Harbourside Dr/ Harbourside Business Park

L–CBRE Ltd/Lawson Chu 604-662-5116

60,821

n/a

60,821 2

125

2001

n/a

$24.75

$8.80

850 Harbourside Dr/ Harbourside Corporate Ctr

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

45,000

n/a

45,000 4

2009

n/a

$26

$11.15

889 Harbourside Dr/Harbourside Business M–Concert/Karen Rahal 604-602-3732/L–Avison Young/Terry Thies 604-646-8398 Park - Waterfront Bldg 1

74,670

n/a

74,670 3

160

2002

n/a

$24

$14.15

70

3

U

WEST VANCOUVER 100 Park Royal South

NORTH VANCOUVER

1111 Lonsdale Ave

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

40,000

n/a

40,000 4

1133 Lonsdale Ave

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

21,800

7,000

28,800 4

1200 Lonsdale Ave/Lonsdale Place

M–Turner Meakin/Brian Meakin 604-736-7020/L–Forman Pilkington/Ross Forman 604-980-3003

27,095

9,992

48,865 3

1501 Lonsdale Ave/Central Block

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

20,500

n/a

20,500 2

1200 Lynn Valley Rd/ Valley Professional Centre

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

28,000

12,000

40,000 3

U

1997

n/a

$23.50

$13.91

2010

n/a

$23.50

$13.91

1980

2002

$18

$18.04

U

1974

n/a

$16

$20.18

U

112

1988

2000

$17.50

$17.54

U

2016

n/a

n/a

$14.87

80

1959

1987

n/a

$23.38

1956

n/a

$16

$7

1989

2011

$22

$12

2002

n/a

$14

$9.21

1965

2005

$24

$18.47

1957

1999

n/a

$17.77

2000

2010

n/a

$17.94

1980

n/a

$10

$12.02

2016

n/a

$25

$10

1912

n/a

n/a

$11.99

61

VANCOUVER 2889 12th Ave E/Renfrew Centre

M–Blackwood Partners 780-481-8860/L–JLL/Andrew Laurie/Mark Chambers 604-329-1122

161,356

9,195

170,551 7

5740-5780 Cambie St/Oakridge Plaza

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

44,695

n/a

44,695 3

5550 Fraser St

L–Avison Young/Jason Mah 604-647-5096

52,465

n/a

52,465 3

211 Georgia St E/Golden Crown Centre

M–Paradigm Group 604-328-2524/L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

20,500

n/a

45,000 6

1868 Glen Dr/GX Bldg

L–Re/Max Central/Steve Hall/Braden Hall 604-718-7317

50,000

n/a

50,000 2

2695 Granville St/Block Bldg

M–West 1011 Holdings/Chris Walford 604-733-5752/L–CBRE Ltd/Brad Haw 604-662-5132

28,800

n/a

28,800 7

3195 Granville St/Hycroft Centre

M–Wesgroup Properties/L–JLL/Ronan Pigott/Brodie Cain 604-998-6004

35,245

500

36,500 3

887 Great Northern Way/QLT Bldg 2

L–CBRE Ltd/Blair Quinn 604-662-5131

164,236

n/a

164,236 5

3680 Hastings St E/ Pacific Professional Centre

L–Colliers/Derek May 604-661-0837

22,722

6,000

28,649 3

608 Main St/Wayfoong House

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

27,823

n/a

28,045 5

23 Pender St W/Old BC Electrical Bldg

M–Anthem Properties/Sandy Schnorr 604-689-6040/ L–Corbel Commercial/Robert Tham/Marc Saul 604-609-0882

96,251

5,236

101,487 6

163 66 327

117

329 Railway St

M–Paradigm Group 604-328-2524/L–Avison Young/Justin Omichinski 604-646-8387

20,000

n/a

20,000 6

1929

1998

$30

$8.35

1150 Station St/Pacific Central Sation

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

34,500

n/a

75,000 3

1919

n/a

n/a

$13.54

2215 Wesbrook Mall/ Centre for Brain Health

L–Cushman & Wakefield/Chris Newton/Matthew MacLean 604-640-5802

37,500

n/a

37,500 3

2013

n/a

n/a

$16.20

5511 West Blvd/ Cedarhurst Professional Bldg

M–TPMG Capital 604-739-6188/L–TPMG Capital/Glenn Wood

19,742

6,841

26,583 3

1976

2003

$22

$18.86

5687 Yew St

L–CBRE Ltd/Brad Haw 604-662-5132

20,000

n/a

20,000 3

1991

n/a

$25

$17.92

00_Office Space 2017_01 2.indd 61

57

U

U

U

2017-05-03 10:29 AM


62 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

AT I

3

1979

n/a

$13.50

$9

296

1999

n/a

$15

$11.98

2250 Boundary Rd/CFIA Bldg

L–Re/Max Central/Chris Davies/Peter Hall/Braden Hall 604-718-7300

43,000

n/a

43,384 2

6

1955

1984

$13

$10.88

4250 Canada Way/Pacific Blue Cross

M–GWL Realty Advisors/Jillian Mann 604-713-7724/ L–GWL Realty Advisors/Steffan Smith 604-713-6473

119,315

n/a

119,315 6

338

1998

n/a

n/a

$15.39

A M

n/a

44,071 2

BO

AV CO ER A ST GE

n/a n/a

AV E

31,925 44,071

LA

NG

RA TE

ER OP

VA TE

NT AL

RE GE

AR YE ST

RA

ILT

ST AL

BU

YE

AR

PA R

KI

NG

S EY ST

OR

RE

LS

NO

ET FE RE UA

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

RE

7818 6th St/Executive Plaza East 8525 Baxter Pl/Production Court I

OF

TO

TA L

SQ

QU LS TA I

E

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

FIC

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

BURNABY

U

4259 Canada Way/Canada Way I

M–Redstone Group 604-596-5622/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882 60,072

n/a

60,072 2

196

1973

1998

n/a

$14.08

4299 Canada Way/Canada Way II

M–Redstone Group 604-596-5622/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882 30,499

28,928

59,427 2

175

1972

1999

n/a

$14.08

4585 Canada Way/ Canada Way Business Park

M–GWL Realty Advisors/Blair Stewart 604-713-8902/ L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076

50,022

n/a

50,022 4

94

1982

1996

n/a

$14.42

U

4595 Canada Way/ Canada Way Business Park

M–GWL Realty Advisors/Blair Stewart 604-713-8902/ L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076

50,035

n/a

50,035 4

94

1982

1996

n/a

$14.09

U

4601 Canada Way/ Canada Way Business Park - Bldg A

M–GWL Realty Advisors/Blair Stewart 604-713-8902/ L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076

87,231

n/a

87,231 5

345

2000

n/a

n/a

$15.26

U

4611 Canada Way/ Canada Way Business Park - Bldg B

M–GWL Realty Advisors/Blair Stewart 604-713-8902/ L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076

70,432

n/a

70,432 4

298

2001

n/a

n/a

$15.48

U

4621 Canada Way/ Canada Way Business Park - Bldg C

M–GWL Realty Advisors/Blair Stewart 604-713-8902/ L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076

74,480

n/a

74,480 4

279

2000

n/a

n/a

$15.53

U

4940 Canada Way/Deer Lake Centre II

M–Colliers 604-681-4111/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882

97,204

n/a

107,880 5

1981

n/a

n/a

$13.42

U

4946 Canada Way/Deer Lake Centre I

M–Colliers 604-681-4111/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882

88,572

n/a

88,572 5

1981

n/a

n/a

$13.71

U

4370 Dominion St/Central Place

M–Redstone Group/L–Colliers/Rob Chasmar 604-661-0822

58,542

6,118

64,660 6

167

1983

1999

$15

$13.96

225

1977

2006

n/a

$16.39

2018

n/a

$25

$14

4400 Dominion St

M–Redstone Group/L–Colliers/Rob Chasmar 604-661-0822

69,167

23,833

93,000 5

7350 Edmonds St/Kings Crossing

L–CBRE Ltd/Luke Gibson 604-662-5142

63,372

n/a

74,916 6

3480 Gilmore Way/Discovery Place Bldg 8

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

48,758

n/a

48,758 3

144

2002

n/a

n/a

$13.72

3500 Gilmore Way

M–Redstone Group 604-596-5622/L–Avison Young/Nicolas Bilodeau/Josh Sookero 604-647-1336

56,201

n/a

56,201 3

154

1997

n/a

n/a

$14.50

3555 Gilmore Way/ Discovery Place - Phase III

M–SDM Realty Advisors/Dale Mumford 604-688-5658/L–SDM Realty/Steve Duyvewaardt

80,797

n/a

80,797 3

331

2015

n/a

$25

$12.82

3605 Gilmore Way/Discovery Place

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

44,868

n/a

44,868 3

138

2000

n/a

n/a

$15.29

U

9100 Glenlyon Pkwy

M–Concert/Caron Tauber 604-602-3748/L–Colliers/Rob Chasmar 604-661-0822

61,833

n/a

62,833 2

312

1998

n/a

$23.50

$13.34

U

9500 Glenlyon Pkwy

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

164,580

n/a

165,000 3

428

2009

n/a

n/a

$12.37

U

4430 Halifax St/Halifax Bldg

M–Bosa Development/Dean Reed 604-294-0666/L–JLL/Mark Trepp 604-998-6035

23,069

n/a

23,069 2

78

1990

n/a

$25

$13.69

U

3665 Kingsway/Boundary Plaza

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

44,000

n/a

57,000 3

100

1980

n/a

n/a

$14.01

U

4211 Kingsway/Burnaby Centre

M–Burnaby Centre Management 604-649-1674/ L–NAI Commercial/Rob DesBrisay/Jesse Godin 604-691-6602

57,400

n/a

57,400 7

1985

2000

$20

$13.27

U U

4555 Kingsway/Central Park Place

M–Bosa Properties/Enzo Marino 604-336-8971/L–CBRE/Martin Moriarty/Chris Taylor 604-662-6000 177,854

30,000

220,668 18

400

2000

2007

$30

$13.19

4710 Kingsway/Metrotower I

M–Ivanhoe Cambridge/Natalie Bishop 604-630-3304/L–CBRE/Luke Gibson 604-662-5142

264,000

n/a

264,000 28

500

1989

n/a

n/a

$18.56

U

4720 Kingsway/Metrotower II

M–Ivanhoe Cambridge/Natalie Bishop 604-630-3304/L–CBRE/Luke Gibson 604-662-5142

352,000

n/a

352,000 30

415

1991

n/a

n/a

$17.99

U

4789 Kingsway/Centrepoint

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

71,236

n/a

77,053 6

154

2007

n/a

$26

$13.50

5172 Kingsway/Burlington Square

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

23,000

n/a

25,984 3

75

1982

1991

$16.50

$14

4180 Lougheed Hwy/ Lougheed Commerce Court I

M–Onni Group/Steve Jantzen 604-259-2472/ L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882

86,521

n/a

86,521 6

453

1984

n/a

n/a

$13.55

U

4190 Lougheed Hwy/ Lougheed Commerce Court II

M–Onni Group/Steve Jantzen 604-259-2472/ L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882

69,973

n/a

69,973 5

453

1983

1996

n/a

$14.37

U

4445 Lougheed Hwy/Commerce@citi

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

107,246

23,000

135,000 12

300

2010

n/a

$28

$13.63

U

4664 Lougheed Hwy

M–Peterson Commercial/Stefanie Weng 604-699-5209/L–Peterson Commercial/Ivy Yung

195,883

n/a

195,883 3

348

1975

1999

$20

$12.73

U

3920 Norland Ave/Jack Munro Bldg

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

27,825

n/a

27,825 3

60

1981

2011

$12.50

$10.70

U

4126 Norland Ave

L–Colliers/Brian MacKenzie 604-661-0829

34,685

n/a

34,685 3

88

1991

n/a

$15

$12.84

4300 North Fraser Way/ Glenlyon Corporate Centre

M–Transpacific Realty Advisors 604-873-8591/L–NextGen Offices/Darren Johnston 604-558-5410

41,522

n/a

41,522 2

115

2008

n/a

n/a

n/a

2700 Production Way/One Innovation Place M–Narland Management 604-681-2747/L–Colliers/Rob Chasmar/Brian MacKenzie 604-661-0822

117,031

n/a

134,171 6

296

1999

n/a

$19

$12.54

3292 Production Way/Lake City Centre

M–Colliers/Daniel Mok 604-662-2687/ L–Cushman & Wakefield/Alex Morris/Roger Leggatt/Max Zessel 604-640-5806

108,966

7,225

113,146 6

200

2008

n/a

$26

$13.83

6400 Roberts St/Sperling Plaza I

M–Bosa Development/Dean Reed 604-294-0666/L–JLL/Mark Trepp/Andrew Laurie 604-998-6035

66,228

n/a

66,228 4

321

1975

2012

n/a

$13.35

6450 Roberts St/Sperling Plaza II

M–Bosa Development/Dean Reed 604-294-0666/L–JLL/Mark Trepp/Andrew Laurie 604-998-6035

65,354

n/a

65,354 4

321

1975

2012

n/a

$13.35

U

1901 Rosser Ave/Madison Centre

M–Bosa Development/Dean Reed 604-294-2742/L–JLL/Mark Trepp/Mark Chambers 604-998-6035

61,106

n/a

61,106 8

2001

n/a

$22

$15.12

U

U

6060 Silver Ave/Station Square Phase 2

L–JLL/Mark Chambers/Andrew Laurie 604-998-6005

52,804

n/a

78,000 3

n/a

n/a

n/a

$17.50

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

80,074

n/a

80,074 4

150

1991

2014

n/a

$17.49

U

4185 Still Creek Dr/1501 Willingdon Park

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

47,342

n/a

47,342 3

131

1990

n/a

n/a

$15.82

U

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

133,051

n/a

133,051 4

412

1999

n/a

n/a

$19.41

U

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

148,172

n/a

148,172 5

529

1992

n/a

n/a

$15.98

U

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

220,493

n/a

220,493 6

684

2001

n/a

n/a

$15.22

U

00_Office Space 2017_01 2.indd 62

2017-05-03 10:29 AM


AT I

NG

RA TE

ER OP

VA TE

NT AL

RE

AV CO ER A ST GE

211

2001

n/a

n/a

$21.25

U

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

91,574

n/a

91,574 4

333

2010

n/a

n/a

$15.77

U

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

152,230

n/a

152,230 4

247

2010

n/a

n/a

$15.53

U

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

70,600

n/a

70,600 3

223

1999

n/a

n/a

$19.03

U

3001 Wayburne Dr/ Canada Way Business Park

M–GWL Realty Advisors/Blair Stewart 604-713-8902/ L–Avison Young/Glenn Gardner/Matthew Craig 604-647-5076

96,276

n/a

96,276 2

340

1996

n/a

n/a

$13.78

U

n/a

31,057 3

50

2000

n/a

$19

$14.14

10,000

28,429 2

77

1972

1992

$20

$12.06

2015

n/a

n/a

$13.50

147

1986

2009

n/a

$12.78

25,000

2025 Willingdon Ave/The SOLO District

M–Appia Group of Companies 604-294-2742/L–JLL/Mark Trepp 604-998-6035

227,559

n/a

n/a

3185 Willingdon Green

M–Redstone Group 604-596-5622/L–Cushman & Wakefield/Max Zessel 604-640-5824

46,782

n/a

46,782 3

12

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

24,000

15,000

39,000 7

2013

n/a

$24

$13

2963 Glen Dr/Westwood Corporate Centre

L–JLL/Andrew Laurie/Mark Chambers 604-998-6008

50,000

n/a

50,000 4

1997

n/a

n/a

$11.55

3007 Glen Dr/Evergreen

M–Bosa Properties/L–CBRE Ltd/Luke Gibson 604-662-5142

25,000

9,802

32,950 30

2015

n/a

$22

$11.98

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

67,562

20,385

87,947 5

97

1981

1991

n/a

$12.38

450

M BO

LA

ST

YE

BU

NG

AR

KI

EY OR ST

TO

TA I RE

FIC OF

4475 Wayburne Dr/Technology Place@BCIT M–Discovery Parks 604-734-7275/L–Cushman & Wakefield/Roger Leggatt/Max Zessel 604-640-5882 31,057 1899 Willingdon Ave/1899 Willingdon Bldg M/L–Prospero Int’l/Rick Halliday 604-669-7733

A

AV E

67,305 4

RA

YE

n/a

S

67,305

TA L

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

LS

4333 Still Creek Dr/1507 WIllingdon Park

E

PA R

GE

AR

ILT

ST AL

RE

LS

NO

ET FE RE UA

SQ

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

QU

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 63

COQUITLAM 2950 Glen Dr/The Oasis

U

NEW WESTMINSTER 625 Agnes St/Queen’s Court

U

1001 Columbia St/Columbia Square Plaza

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

20,000

n/a

20,000 3

1994

n/a

n/a

$13.38

11 Eighth St/Anvil Centre Office Tower

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

137,330

n/a

137,330 14

2014

n/a

$28

$13.50

233 Nelson’s Cres/ The Brewery District Bldg 2

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

60,000

48,000

108,000 6

2010

n/a

n/a

n/a

U

287 Nelson’s Crt/ The Brewery District Bldg 1 - TransLink

M–Wesgroup Properties/Rob Eyers 604-633-2898/ L–JLL/Mark Chambers/Andrew Laurie 604-998-6005

236,000

29,000

265,000 8

2012

n/a

n/a

$13.81

U

$17.96

960 Quayside Dr/First Capital Place

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

48,094

16,998

65,092 4

130

1988

n/a

n/a

620 Royal Ave/Royal Avenue Centre

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

48,000

n/a

48,000 3

65

1980

n/a

n/a

$13

500 Sixth Ave/Queen’s Park West

M–UPG Uptown Property Group/Donna Bisaro 604-525-8818/ L–UPG Uptown Property Group/Bart Slotman 604-688-7750

20,000

7,000

27,000 4

48

2014

n/a

n/a

n/a

U

505 Sixth St/Westminster Centre South

M–UPG Uptown Property Group/Donna Bisaro 604-525-8618/ L–UPG Uptown Property Group/Bart Slotman 604-688-7750

41,600

12,000

54,000 4

162

2008

n/a

n/a

n/a

U

550 Sixth St/Sixth and Sixth Bldg

M–Bentall Kennedy 604-661-5679/L–NAI Commercial/Don Ellis 604-691-6668

23,137

n/a

23,137 3

40

1962

n/a

n/a

$17.41

U

555 Sixth St/Westminster Centre

M–UPG Uptown Property Group/Donna Bisaro 604-525-8818/ L–UPG Uptown Property Group/Bart Slotman 604-688-7750

34,600

82,000

118,600 4

354

1978

2012

n/a

n/a

U

601 Sixth St/Uptown Centre

M–UPG Uptown Property Group/Donna Bisaro 604-525-8866/ L–UPG Uptown Property Group/Bart Slotman 604-688-7750

30,000

10,000

40,000 4

79

2001

n/a

n/a

n/a

U

610 Sixth St/Royal City Centre

M–Strathallen Property Mgmt 604-526-8064/L–Colliers/Rob Chasmar 604-661-0822

155,000

192,000 347,000 2

1992

n/a

$16.50

$13.04

RICHMOND 8171 Ackroyd Rd/Richport Town Centre

M–Warrington PCI 604-331-5242/L– Warrington PCI/Sanjay Sudra 604-331-5256

36,402

75,529

119,931 6

350

1987

n/a

$19

$16.50

7671 Alderbridge Way

M–RCG Group 604-273-5732/L–JLL/Mark Chambers 604-998-6005

74,134

n/a

74,134 3

158

1975

n/a

n/a

$7

U

13955 Bridgeport Rd

M–Bosa Properties/L–Bosa Properties/Darrell Hurst 604-412-0464

21,170

n/a

21,170 4

1973

n/a

$8

$4.75

3820 Cessna Dr/ BCIT Aerospace Technology Campus

M–BCIT/John Wong/L–Altow Realty Group/Andrew Altow 604-910-5180

80,391

n/a

80,391 5

225

2007

n/a

n/a

$9.50

13351 Commerce Pkwy/ Commerce Court International Phase I

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

67,150

n/a

71,657 3

196

1998

n/a

n/a

$11.92

13353 Commerce Pkwy/ Commerce Court International Phase II

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

69,286

n/a

69,286 3

230

1999

n/a

n/a

$11.97

13511 Commerce Pkwy/ Crestwood Corporate Centre 3

M–GWL Realty Advisors/Santosh Nahal 604-568-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

40,130

n/a

40,130 1

130

1989

2007

n/a

$13.58

U

13551 Commerce Pkwy/Crestwood Corporate Centre 4

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

55,788

n/a

55,788 2

112

1990

2006

$19

$12.48

U

13571 Commerce Pkwy/ Crestwood Corporate Centre 5

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

78,125

n/a

78,125 2

232

1992

2004

n/a

$11.94

U

13575 Commerce Pkwy/ Crestwood Corporate Centre 6

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

77,566

n/a

77,566 2

233

1993

2004

n/a

$11.83

U

13775 Commerce Pkwy/ Crestwood Corporate Centre 7

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

79,438

n/a

79,438 3

239

1995

2006

n/a

$13.53

U

13777 Commerce Pkwy/ Crestwood Corporate Centre 8

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

80,755

n/a

80,755 3

244

1996

2007

n/a

$12.32

U

13800 Commerce Pkwy/ Crestwood Corporate Centre 1

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

181,588

n/a

181,588 2

447

1989

n/a

$19

$7.22

U

5611 Cooney Rd/ Richmond Professional Bldg

M–Wesgroup Properties 604-633-2898/L–Cushman & Wakefield/Matthew MacLean 604-640-3855

30,714

n/a

41,555 3

1985

n/a

$18

$13.25

U

5811 Cooney Rd/Pacific Business Centre

M–Concert/Caron Tauber 604-602-3748/L–JLL/Mark Chambers 604-998-6005

99,360

n/a

104,227 6

1989

1995

$18

$14.22

U

00_Office Space 2017_01 2.indd 63

251

2017-05-03 10:29 AM


64 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

AT I

NG

RA TE

ER

1979

n/a

n/a

n/a

LA

ST

YE

BU

NG

AR

KI

9,217

42,433 3

6651 Elmbridge Way/ Brighouse West Business Park

M–QuadReal Property/L–QuadReal Property Group/Brent Lee 778-554-3520

40,130

n/a

40,130 n/a

11920 Forge Pl/Forge

L–CBRE/Joel Barnett/Steve Brooke/Michael White 604-662-5570

24,023

n/a

24,023 2

100

2001

n/a

$13

$5.21

11780-11784 Hammersmith Way/ Riverside Corporate Centre

M–Porte Realty/Tracy Gu 604-732-7651/L–Cushman & Wakefield/Matthew MacLean 604-640-5856 34,756

1,914

126,040 2

260

1991

n/a

$13

$6

M

$9.95

M–Porte Realty/Tracy Gu 604-732-7651/L–Cushman & Wakefield/Matthew MacLean 604-640-5855 33,216

BO

AV CO ER A ST GE

$14.50

11331 Coppersmith Way/ Riverside Professional Centre

A

OP

VA TE

NT AL

GE AV E

n/a

RA

YE

AR

RE

RE

LS ILT

ST AL PA R

2002

S

152

EY OR ST

NO

ET FE RE UA

TO

TA L

SQ

QU LS TA I RE

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

Office building directory

U

11120 Horseshoe Way/Riverside Place

M–Fraser Park Realty 604-568-7014/L–CBRE/Kevin Nelson/Joel Barnett 604-662-5155

55,370

n/a

58,418 3

118

1994

n/a

n/a

$6.53

13700 International Pl/ Crestwood Corporate Centre 2

M–GWL Realty Advisors/Santosh Nahal 604-586-1404/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

81,713

n/a

81,713 3

242

1998

n/a

$19

$11.11

U

13711 International Pl/ Crestwood Corporate Centre 10

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

81,836

n/a

81,836 3

237

2000

n/a

n/a

$12.53

U

4600 Jacombs Rd/Delf Place

M–GWL Realty Advisors/Renna McCready 604-586-1404/L–JLL/Mark Chambers 604-998-6005

75,902

n/a

75,902 2

194

2001

n/a

n/a

$11.54

U

3600 Lysander Lane

M–SDM Realty Advisors/Dale Mumford 778-383-6273/ L–Cushman & Wakefield/Matthew MacLean/Alexander Cairns 604-640-5855

150,000

n/a

150,000 5

460

1989

2007

$18

$13.79

U

7080-7100 River Rd/ River Road Business Centre

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

115,889

n/a

305,916 2

1975

1998

$15.10

$5.10

3751 Shell Rd/Airport Executive Park B

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

33,521

n/a

33,521 1

104

1973

1989

n/a

$12.52

U

3851 Shell Rd/Airport Executive Park D

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

24,613

n/a

24,613 1

83

1973

1989

n/a

$12.64

U

10200 Shellbridge Way/ Airport Executive Park C

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

34,371

n/a

34,371 1

96

1973

1989

n/a

$11.79

U

10271 Shellbridge Way/ Airport Executive Park 10

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

96,816

n/a

96,816 3

315

1998

n/a

n/a

$11.34

U

10451 Shellbridge Way/ Airport Executive Park 1

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

62,263

n/a

62,263 2

156

1976

1992

n/a

$11.35

U

10551 Shellbridge Way/ Airport Executive Park 2

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

60,618

n/a

60,618 2

164

1975

2006

n/a

$13.47

U

10651 Shellbridge Way/ Airport Executive Park 3

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

29,690

n/a

29,690 1

108

1978

2006

n/a

$12.51

U

10691 Shellbridge Way/ Airport Executive Park 4

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

30,579

n/a

30,579 1

118

1978

2006

n/a

$12.64

U

10760 Shellbridge Way/ Airport Executive Park 8

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

69,857

n/a

69,857 1

236

1980

1992

n/a

$12.34

U

10851 Shellbridge Way/ Airport Executive Park 6

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

69,619

n/a

69,619 3

186

2009

n/a

n/a

$10.84

U

10991 Shellbridge Way/ Airport Executive Park 7

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

79,742

n/a

79,742 3

249

2002

n/a

n/a

$11.62

U

13071 Vanier Pl/ Richmond Corporate Centre 5

M/L–Alpha Equities Ltd 604-279-0344

26,062

n/a

26,062 2

85

1992

n/a

$19.50

$11.25

13091 Vanier Pl/ Richmond Corporate Centre 6

M/L–Alpha Equities Ltd 604-279-0344

50,344

n/a

50,344 3

1998

n/a

n/a

$11.30

13111 Vanier Pl/ Richmond Corporate Centre 4

M/L–Alpha Equities Ltd 604-279-0344

35,703

n/a

44,302 2

1993

n/a

$17.50

$8.75

13120 Vanier Pl/ Richmond Corporate Centre 2

M/L–Alpha Equities Ltd 604-279-0344

37,007

n/a

37,007 2

1989

2003

$18.50

$18.50

3011 3031 Viking Way/ Knightsbridge Business Park

M–Concert/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

U

4011 Viking Way/ International Business Park - Bldg B

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

30,034

n/a

49,772 2

1991

n/a

n/a

n/a

U

4020 Viking Way/ International Business Park - Bldg D

M–BUK Investments/John McGrandle 604-408-3002/ L–Cushman & Wakefield/Matt MacLean/Jordan Sengara 604-640-5845

32,864

n/a

49,180 2

1991

2001

n/a

n/a

U

4311 Viking Way/ International Business Park - Bldg A

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

31,259

n/a

47,475 2

1996

n/a

n/a

n/a

U

4320 Viking Way/ International Business Park - Bldg E

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

23,176

n/a

44,452 2

1990

n/a

n/a

n/a

U

4611 Viking Way/ International Business Park - Bldg C

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

44,069

n/a

100,033 2

1991

n/a

n/a

n/a

U

4620 Viking Way/ International Business Park - Bldg F

M–BUK Investments/John McGrandle 604-408-3002/ L–Cushman & Wakefield/Matt MacLean/Jordan Sengara 604-640-5845

24,990

n/a

61,187 2

1990

n/a

n/a

n/a

U

6011 Westminster Hwy/Brighouse West

M–QuadReal Property/L–QuadReal Property/Brent Lee 778-554-3520

30,046

n/a

30,046 2

1981

n/a

n/a

$8.95

U

6551 Westminster Hwy/ Brighouse West Business Park

M–QuadReal Property/L–QuadReal Property Group/Brent Lee 778-554-3520

30,492

n/a

30,492 2

1979

n/a

n/a

$7.95

U

13811 Wireless Way/ Commerce Crt Phase III

M–GWL Realty Advisors/Santosh Nahal 604-586-1401/ L–GWL Realty Advisors/Peter Jenkins 604-713-8920

76,535

n/a

76,535 3

440

2001

n/a

n/a

$9.94

U

13911 Wireless Way/ Commerce Crt Phase IV

M–GWL Realty/Santosh Nahal 604-586-1401/L–GWL Realty Advisors/Peter Jenkins 604-713-8920

73,439

n/a

73,439 3

203

2002

n/a

n/a

$12.86

U

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

$13.16

15117 101 Ave

M–Bosa Development/Dean Reed 604-294-0666/ L–Avison Young/Matthew Craig/Josh Sookero 604-647-5076

53,818

n/a

53,818 4

119

1985

1998

$18

$13.50

108

SURREY

00_Office Space 2017_01 2.indd 64

U

2017-05-03 10:29 AM


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

650,000

25,000

862,640 25

L–Re/Max Commercial Advantage/Ryan Schwartz/Gordon MacPherson 604-510-5555

48,381

n/a

59,877 4

AT I

NG

RA TE

ER

n/a

$30

$14.56

2015

n/a

$24

n/a $6.50

M BO

AV CO ER A ST GE

3,430 2003

A

OP

VA TE

NT AL

GE

AR YE

RA AV E

ST LA

RE

RE

LS ILT

ST AL

BU AR

YE

PA R

KI

NG

S EY OR ST

13450 102 Ave/Central City 15258 102A Ave/Advantage Guildford

NO

ET FE RE UA

TO

TA L

SQ

QU LS TA I RE

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

| 65

13777 103 Ave

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

25,227

n/a

25,227 n/a

n/a

n/a

$10

14178 104 Ave/104th Avenue Centre

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

259,474

n/a

557,555 4

674

2005

n/a

n/a

n/a

15225 104 Ave/Guildford Office Park

L–JLL/Andrew Astles/Andrew Laurie 604-998-6045

48,856

n/a

48,856 4

120

1978

1999

$15

$12.62

13401 108 Ave/Station Tower

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

208,290

13,145

221,435 18

437

1994

n/a

n/a

$15.82

U

13479 108 Ave/Gateway Place

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

60,000

38,500

98,500 4

2016

n/a

n/a

$14

U

8338 120 St/A&A Plaza

L–Colliers/Mike Grewal 604-694-7200

20,575

n/a

n/a

1996

n/a

$15

$10

2

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

7445 132 St/Surrey Central Business Park I

72,500

n/a

72,500 2

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

55 365

2001

n/a

n/a

$11

2001

n/a

n/a

$10

7455 132 St/Surrey Central Business Park IV 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

$10.50

7495 132 St/Surrey Central Business Park II

72,000

n/a

72,000 2

255

1994

n/a

n/a

$9.93

1996

n/a

n/a

$11

172

2013

n/a

n/a

$12.71

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

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

7327 137 St/The Offices at Newton

M–Value Property Group 604-606-7000/L–Value Group Properties

33,000

12,000

45,083 4

7337 137 St/Newton Landmark II

L–Taurus Commercial/Cliff Raps 604-531-1685

48,880

n/a

48,880 4

90

1996

n/a

$15

$9.65

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

$20

$9.22

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

10090 152 St/Impact Plaza

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

30,000

n/a

36,834 3

1990

n/a

$18

$13.85

10470 152 St/Guildford Corporate Centre

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

102,083

16,506

123,885 6

336

1997

n/a

n/a

$13.07

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

5660-5668 192 St/Dowco Buildings

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

30,795

n/a

30,795 2

1999

2004

$13.50

$7.25

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

$20

$9.25

250

14928 56 Ave

L–Re/Max Commercial Advantage/Ryan Schwartz 604-510-5555

55,000

n/a

55,000 3

2008

n/a

$23

$8.25

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

119,000

23,000

142,000 12

600

2014

n/a

$30

$9.73

60,000 3

1995

n/a

$13

$15.06

845

n/a

n/a

$18.50

$14.57

7380 King George Blvd/Newton Village

M–Value Group Properties 604-606-7001/L–Value Property Group 604-606-7000

20,000

40,000

7404 King George Blvd/ King’s Cross Shopping Centre

M–GWL Realty Advisors/Derek Ho 604-713-3161/L–Colliers/Jason Teahen 604-661-0847

32,000

250,000 282,000 1

9801 King George Blvd/ Surrey Village Tower

M–Surrey Village Corp/L–CBRE Ltd/Luke Gibson 604-662-5142

40,000

n/a

40,000 3

1975

n/a

$12.75

$8.04

9808-9900 King George Blvd/ The Hub@King George Station

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

160,000

25,000

195,650 10

2015

n/a

$30

$15.07

1975

n/a

$15

n/a

1996

n/a

$20

$13

U

U

DELTA 8425 120 St/Delta Medical Arts Bldg

L–Macdonald Commercial/Vic Sandhar 604-542-2444

20,000

n/a

20,000 3

11950 80 Ave/The Gateway Bldg

M–Gateway Property Management 604-635-5000/ L–Cushman & Wakefield/Ron Emerson/Alexander Cairns 604-608-5921

30,000

n/a

36,599 5

11861 88 Ave/Delta Professional Centre

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

23,500

n/a

23,500 4

1985

n/a

$14

$9

120

LANGLEY 8506 200 St/200 St Business Park

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

$11.80

8621 201 St/ Langley 200 Business Ctr - Phase 3

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

95,283

n/a

95,283 6

2013

n/a

$25

$11.80

8661 201 St/ Langley 200 Business Ctr - Phase 2

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

68,000

n/a

68,000 4

2012

n/a

n/a

$13.80

9525 201 St/Golden Ears Business Centre

M–Benchmark Properties/Karen Breedveld 604-533-1138/ L–Re/Max Commercial Advantage/Ryan Schwartz/Gord MacPherson 604-510-5555

60,800

16,800

77,000 3

2012

n/a

$18.50

$9.98

240

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

2005

$24

$11.10

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

$9.91

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

$9.87

20621-20641 Logan Ave/ Baytree Centre Bldg A&B

M–Lark Group/Larry Fisher 604-576-2935/L–NAI Commercial/Ted Weibelzahl 604-534-7974

30,000

23,000

53,000 2

1983

n/a

$16

$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

n/a

$12.65

U

78

2008

n/a

$24

$13

U

2016

n/a

n/a

$11.50

MAPLE RIDGE 22470 Dewdney Trunk Rd/ Maple Ridge Business Centre

PORT MOODY 130 Brew St/Suter Brook Village North

M–Onni Group/Jamie Fiander 604-602-7711/L–Cushman & Wakefield/Craig Ballantyne 604-608-5928 185,000

25,670

50,304 6

220 Brew St/Suter Brook Village South

M–Onni Group/Jamie Fiander 604-602-7711/L–Cushman & Wakefield/Craig Ballantyne 604-683-3111 137,602

26,170

163,772 9

00_Office Space 2017_01 2.indd 65

2017-05-03 10:29 AM


66 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

INDUSTRIAL/OFFICE PARK DIRECTORY Vancouver

WEST VANCOUVER nad

aH wy

c-n

c/m

Burrard Inlet

Hasti

ngs

c-l

Nanaimo

SFU

b[n

ghe

ed

i-m

a/r

Kin

Oak

Granville

Dunbar

Cambie

gsw

i/r

i-k

ay

BURNABY

COQUITLAM

i-l

Frase r

Rive r

Fra

wy

i/m

i=m

Strait of Georgia

Westminster Hwy

RICHMOND

S ou th Ar

e/p

g/l

69–70

Annacis Island Deas Slough River Road East Tilbury

70

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

se

d/s

g/p

g-k

g/o

DELTA

71

Maple Meadows (off map)

Fra

Hwy 91

e-k

iver er R

e/q

rH

wy

SURREY King George Hwy

m

s Fra

68

Mayfair Pacific Reach Schoolhouse

Maple Ridge

Richmond Freeway

e/n

b/q b/r b/s

Langley H

e/o

d/l

a nad

e/t e/m

NEW WESTMINSTER

b/r b/m b/q

iver rR se

a s-C

North A rm

i/l

a/q

Coquitlam

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

b/s

Hwy

n Tra

e-p

Marine Dr

i=l

Boundary Rd

a/s

67–68

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

Delta Lougheed

49th Ave

Hw

y

41st Ave

a/t

Lou

i/s

a-k

VANCOUVER

i/l i/m i/r i-m i-k i-l

PORT MOODY

Hw y Barnet

a/o a/p

67

Clark Drive Lougheed-Boundary Marine Drive Marpole Mt. Pleasant Cambie-Main Powell

Burnaby

a-l

English Bay UBC

India n Ar m

Trans-C a

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

NORTH VANCOUVER

New Westminster i=l

71

Brunette

North Vancouver City c/m

North Vancouver District d/q

c-l c-n

NORTHWEST TERRITORIES

ALASKA

Pitt Meadows

71

Pitt Meadows Airport (off map)

Hwy 10

71–72

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

Hwy 99

Richmond

ALBERTA

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

BRITISH COLUMBIA HAIDA GWAII

VANCOUVER ISLAND VANCOUVER VICTORIA SEATTLE

WASHINGTON

Boundary Bay

71

Lynnmour Norgate

Port Coquitlam YUKON

71

MacKay-Bewicke

WHITE ROCK

72–73

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

Surrey

73–74

d/l

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.

00_Office Space 2017_01 2.indd 66

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

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

2017-05-03 10:29 AM


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 .

| 67

VANCOUVER Clark Drive UÊ

15,916

U

U

U

U

U

U

U

U

Parker St Complex/1000 Parker St/O–Beedie Group/M–Beedie Group/L–CBRE Ltd; Darren Starek/Ed Ferreira 604-662-3000

7

387,155

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

UÊ U

U

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

1

22,000

UÊ U

U

456 Prior St/L–Avison Young; Russ Bougie/Kevin Kassautzki 604-757-5115

1

57,356

U

Clark Bldg/2288 Clark Dr/L–Cushman & Wakefield; Matthew MacLean/Chris Newton 604-640-5855

1

10,000

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

UÊ U

U

U

2828 Natal St/L–Cushman & Wakefield; David Canning/Greg Miles/Rick Eastman 604-683-3111

1

42,160

1.71

UÊ U

U

U

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

UÊ U

U

U U

U

U

U

U

U

U

Lougheed-Boundary U

U

U

U

Marine Drive

3,000-9,465

6

UÊ U

U

U

U

U

U

U

U

U

U

U

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

6.3

U

U

U

Marine Way Business Park - Bldg B/3728 North Fraser Way/M–Bastion Development/ L–CBRE Ltd; Ilya Tihanenoks/Chris MacCauley 778-372-3930

1

31,730

2,882-5,788

0.6

U

U

U

U

U

U

37,453

6

U

U

5

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

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

1

43,340

888 Marine Dr SE/M–Onni Group/L–Avison Young; Kyle Blyth/Ryan Kerr 604-647-5088

1

166,666

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

1

123,477

8280 Ross St/L–JLL; Baktash Kasraei/Casey Bell 604-998-6016

1

29,877

UÊ U

U

1

150,624

U

U

U

U

25 6th Ave E/L–Lee & Associates; Ryan Saunders/Mitch Ellis 604-630-3383

1

12,850

U

U

U

U

196 6th Ave W/L–Lee & Associates; Ryan Saunders/Mitch Ellis 604-630-3383

1

10,850

UÊ U

U

U

U

348 7th Ave W/L–CBRE Ltd; Ed Ferreira/Darren Starek 604-662-5175

1

9,950

U

U

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

1

17,619

U

U

151 5th Ave W/L–Lee & Associates; Mitch Ellis/Ryan Saunders 604-630-3383

1

54,770

UÊ U

U

150 4th Ave W/L–Lee & Associates; Mitch Ellis/Ryan Saunders 604-630-3383

1

15,982

U

U

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

1

72,385

Railtown/395-397 Alexander St/L–Cushman & Wakefield; Bob Watt 604-640-5818

3

25,349

1445 Powell St/L–Cushman & Wakefield; Greg Miles/Jordan Sengara 604-640-5814

1

20,506

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

1

16,094

0.5

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

1

14,472

0.51

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

1

25,272

Pitpar/7342 Winston St/M–Bosa Development/L–Avison Young; Kyle Blyth/Ben Lutes 604-647-5088

1

115,053

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

1

61,499

UÊ U

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

1

19,100

UÊ U

Glenwood 3/5566 Trapp Ave/M–Triovest/L–Triovest; Jocelyne Legal 604-642-4504

1

99,128

U

U

U U

UÊ U

U

U

U

6.65

U

U

U

6.55

UÊ U

U

U

U

U

6,000

10,614-123,282

U

U

Marpole Southbridge Business Park/310-366 East Kent Ave S/O–Wesgroup/M–Wesgroup Properties/ L–Colliers; Stefan Morissette/Matt Smith 604-681-4111

U

Mt. Pleasant Cambie-Main

U U

U U

Powell UÊ U

U

U

U

UÊ U

U

U

U

U

U

U

U

U

0.46

UÊ U

U

U

12.58

UÊ U

0.41

U

BURNABY Beresford U

Big Bend

00_Office Space 2017_01 2.indd 67

U U

U

U

U U U

U U

U U

2017-05-03 10:29 AM


68 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

Marine Way Business Park/3871 North Fraser Way/L–Lee & Associates; Ryan Barichello/Chris McIntyre 604-630-3371

1

102,469

South Burnaby Corporate Centre/8131-8183 Wiggins St/M–GWL Realty/L–GWL Realty Advisors; Blair Stewart 604-713-8902

2

236,183

Marine Way Business Centre/3711-3771 North Fraser Way/M–BUK Investments/ L–Colliers; Andrew Lord/Stefan Morissette 604-681-4111

4

209,217

7307 Meadow Ave/L–Cushman & Wakefield; Flavio Unti/Rick Eastman 604-683-3111

1

35,352

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

2

200,000

Crescent Business Centre/8218 North Fraser Way/M–Beedie Group/ L–Lee & Associates; Ryan Saunders/Mitch Ellis 604-630-3384

1

125,000

13,520

6.4

IV

LO

DR

CK

U

U

U

UÊ U

U

U

UÊ U

U

U

2,766

11.4

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 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 .

Industrial/office park directory

U

UÊ U

U

U

U

U

U

U

UÊ U

U

U

U

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

3

22,758

UÊ U

U

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

1

119,213

UÊ U

U

Glenwood 8/5560 Trapp Ave/M–Triovest/L–Triovest; Jocelyne Legal 604-642-4504

1

61,165

U U

U

U

U

UÊ U

U U

U

U

U

U

U

U

U

U

U

U

U

U

U

U

7765 North Fraser Way/M–Madison Pacific Properties/L–CBRE Ltd; Joe Inkster/Blair Quinn 604-662-5134

1

39,300

1.82

7580 Lowland Dr/L–Cushman & Wakefield; Jordan Sengara/Ron Emerson 604-640-5845

1

26,497

1.48

8321 Riverbend Crt/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

17,000

5

168,817

Eastlake Campus/8327-8337 Eastlake Dr/M–Sun Life Financial/L–Cushman & Wakefield; Max Zessel/Roger Leggatt 604-640-5882 6

310,000

3162-3168 Thunderbird Cres/L–Lee & Associates; Rand Thomson 604-630-3393

2

54,521

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

1

35,334

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

1

288,776

UÊ U

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

1

49,984

Lake City Industrial Centre/2880 Production Way/M–Manulife/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1

13,323

5700-5950 & 6100 Kingsland Dr/O–Concert Real Estate/M–Concert Realty Services/ L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

3

126,407

2544 Douglas Rd/O–Canadian Drafting & Engineering Supplies/L–Colliers; Brian Mackenzie 604-661-0829

1

30,000

U

U

U

U

5279 Still Creek Ave/L–Avison Young; Kevin Kassautzki/Gord Robson 604-646-8393

1

64,700

UÊ U

U

U

U

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

1

56,100

UÊ U

U

U

4012-4014 Myrtle St/L–Lee & Associates; Steve Caldwell 604-895-2224

1

15,170

U

U

1

53,643

U

U

5

43,392

Lake City Imperial Square - Lake City/8501-8676 Commerce Crt/O–2725321 Canada Inc/M–QuadReal/ L–QuadReal; Brent Lee 778-554-3520

10.39

UÊ U

2,000-100,000

16.5

UÊ U

23,791

2.93

UÊ U

2

U

U

U

U

U

U U

U U

U

U

UÊ U

U

U

U

U

U

U

Still Creek 8

4

UÊ U

U

U

U

U

U

Willingdon-Canada Way 4590 Canada Way/L–CBRE Ltd; Joe Inkster/Jason Kiselbach 604-662-3000

1.75

UÊ U

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

U UÊ U

273,722

U

U

U

U

U

U U

U

U U

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

1

149,224

UÊ U

U

U

Lakeview Business Park/4288 Lozells Ave/L–Lee & Associates; Ryan Barichello/Chris McIntyre 604-630-3371

1

35,000

U

U

U

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

1

85,009

UÊ U

U

U

54,105

8.16

COQUITLAM 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

UÊ U

U

U

U

U

U

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

1

125,235

UÊ U

U

U

U

U

U

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

1

49,098

UÊ U

U

U

U

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

1

14,329

UÊ U

U

U

U

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

1

40,733

17

UÊ U

U

2075 Brigantine Dr/L–NAI Commercial; Gary Niesner/Ken Kiers 604-514-6830

1

122,024

2.8

U

1850 Hartley Ave/O–Wentworth Properties/M–Amacon Property Management/ L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851

1

35,000

U

U

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

1

54,681

U

U

18 Fawcett Rd/L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5863

1

46,479

1.06

11 King Edward St/M–Wesgroup/L–CBRE Ltd; Chris MacCauley/Jason Kiselbach/Joe Inkster 604-662-3000

1

120,000

6.2

1316 United Blvd/L–Lee & Associates; Steve Caldwell/Sebastian Espinosa 60-895-2224

1

12,263

2.43

2.07

U U

U

U

U

Pacific Reach

00_Office Space 2017_01 2.indd 68

U

U

U

U

UÊ U

U

U

U

U U U U

U

U

U

2017-05-03 10:29 AM


Fraser Mills Industrial/10-12 King Edward St/M–Beedie Development/L–Colliers; Greg Lane/Bianca Gilbert 604-692-1442

2

118,340

2

44,565

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

1

144,392

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

2

82,525

Cliveden Centre 2/1360-1396 Cliveden Ave/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans 604-233-1009

1

130,000

1309-1319 Derwent Way/L–Colliers; Stefan Morissette/Sean Bagan 604-692-1428

1

43,298

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 .

| 69

UĂŠ U

U

U

Schoolhouse 224 Cayer St/L–Cushman & WakeďŹ eld; Flavio Unti 604-640-5889

4,000

U

U

U

6.23

UĂŠ U

U

U

4.96

UĂŠ U

2

U

U

DELTA Annacis Island

11,000-48,000

U

U

U

U

U

U

U

U

U

U

UĂŠ U

U

U

7

1090 Cliveden Ave/O–RCG Group/M–Swordfern Property Management/L–JLL; Casey Bell 604-998-6014

1

45,000

U

U

Cliveden Centre 1/1302 Cliveden Ave/M–Bentall Kennedy/L–JLL; Lee Hester/Michael Thompson/Casey Bell 604-998-6038

1

15,314

UĂŠ U

U

U

U

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

2

30,732

UĂŠ U

U

U

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

2

117,000

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

Cliveden Centre 4/1480-1498 Cliveden Ave/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans 604-233-1009

1

69,500

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

1

800 Carleton Crt/M–GWL Realty Advisors/L–CBRE Ltd; Blair Quinn/Zach Wittenberg 604-662-5161

2.34

UĂŠ U

U

U

U

U

U U

U

U

U

U

U

5

UĂŠ U

U

U

4

UĂŠ U

U

U

U

U

U

6

UĂŠ U

U

U

U

U

U

8

U

U

U

U

U

126,611

8

UĂŠ U

U

U

U

U

1

91,872

4

UĂŠ U

U

U

U

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

1

63,946

UĂŠ U

U

Cliveden Place/820 Cliveden Pl/M–BUK Investments/L–BUK Investments Ltd; John McGrandle 604-408-3002

1

174,473

7.75

UĂŠ

U

U

U

1511 Derwent Way/O–BUK Investments/M–BUK Investments/L–JLL; Lee Hester 604-998-6038

1

106,988

4.65

UĂŠ U

U

U

U

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

1

51,822

UĂŠ U

U

U

U

8QLW ² $ $YHQXH /DQJOH\ %& 9 0 *

13,000-26,000

7,000-15,000

U

U U

U

U

U

U U

604-882-0075

Whitestar Property Services LV D IXOO VHUYLFH H[WHULRU PDLQWHQDQFH FRPSDQ\ 3URYLGLQJ H[FHSWLRQDO VHUYLFH DQG TXDOLW\ WR PXQLFLSDO FRPPHUFLDO JRYHUQPHQW DQG VWUDWD FOLHQWV Lot Maintenance Services ‡ /RW VZHHSLQJ ‡ *UDIÀWL UHPRYDO ‡ 6LGHZDON VZHHSLQJ ‡ &RDWLQJ DQG VHDOLQJ ‡ 3UHVVXUH ZDVKLQJ ‡ 6QRZ DQG LFH PDQDJHPHQW Landscape Maintenance Services ‡ /DQGVFDSH PDLQWHQDQFH ‡ :DWHULQJ ‡ :DVWH FROOHFWLRQ

00_Office Space 2017_01 2.indd 69

Landscape Installation/ Extra Services ‡ 6HOHFW 6LQJOH )DPLO\ ‡ 5HQRYDWLRQV ‡ 6SHFLDO 3URMHFWV ‡ 6WUDWD &RPPHUFLDO ([WUD¡V Environmental Services ‡ 5LSDULDQ SODQWLQJ PDLQWHQDQFH ‡ ,QYDVLYH ZHHG UHPRYDO ‡ (OHFWURFLGH

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

604-683-7571

2017-05-03 10:29 AM


70 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

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 .

Industrial/office park directory

U

1

38,633

1538 Cliveden Ave/L–JLL; Bruno Fiorvento 604-998-6006

1

80,000

U

Annacis West Business Centre/1546 Derwent Way/O–Beedie Group/M–Beedie Development/ L–Colliers; Stefan Morissette/Andrew Lord 604-692-1428

1

74,045

UÊ U

U

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

1

22,152

920 Derwent Way/L–Colliers; Stefan Morissette/Vito DeCicco 604-692-1428

1

58,237

638-706 Derwent Way/M–Bosa Properties/L–Bosa Properties; Darrell Hurst 604-412-0464

130,000

2.14

U

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

2.3

UÊ U

U

5.43

U U

U

U U

3,800-6,825

U

U U

U

U

U

U

U

U

U

U

U

Deas Slough U

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

4

78,324

4363 King St/L–Lee & Associates; Mitch Ellis/Ryan Saunders 604-630-3383

1

30,376

1.75

Boundary Bay Airport/4300 80 St/L–Cushman & Wakefield; Sean Ungemach 604-640-5823

1

234,629

9.9

U

UÊ U

U U

U

U U

U

River Road East Buckingham Industrial Estates/8051 92 St/L–Colliers; Don Viner/Craig Kincaid-Smith 604-662-2612

2

113,200

5.16

U

U

Nordel Business Park/10118 Swenson Way/M–Beedie Group/L–Colliers; Andrew Lord/Darren Cannon 604-662-6299

1

58,811

2.99

UÊ U

U

U

3

712,182

5

UÊ U

U

U

U

U

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

U

U

U

U

U

U

U

U

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

1

123,710

2.84

U

7943 Progress Way/L–Colliers; Craig Kincaid-Smith 604-661-0883

1

51,829

0.59

UÊ U

U

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

1

17,282

2,000

UÊ U

U

U

Tilbury Industrial Park/7550 River Rd/L–Cushman & Wakefield; John Weiss/Ron Emerson 604-640-5865

1

28,000

1,884-3,359

U

U

U

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

1

45,110

3.46

UÊ U

U

U

U

23,900

U

U

U

U

U

U

1

50,000

1

36,450

7762 Progress Way/M–BUK Investments/L–BUK Investments Ltd; John McGrandle 604-408-3002

1

30,000

2.1

Tilbury Industrial Park/7393 Hopcott Rd/L–Colliers; Craig Kincaid-Smith 604-661-0883

1

27,914

5

8005 Alexander Rd/L–Colliers; Craig Kincaid-Smith 604-661-0883

1

31,000

7137 Venture St/L–JLL; Lee Hester/Casey Bell 604-998-6038

1

22,209

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

1

119,583

UÊ U

U

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

1

43,029

UÊ U

U

U

U

U

U

U

4.7

U U

U

U

U

U

U

U

U

U

U

U

UÊ U

U

UÊ U

U

1

27,160

Tilbury Distribution Centre/6410 River Rd/M–GWL Realty/L–CBRE Ltd; Chris MacCauley/Joe Inkster 604-662-3000

1

288,410

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

2

95,500

UÊ U

5536 275 St/L–CBRE Ltd; Gurch Ollek 604-662-3000

1

20,050

UÊ U

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

2

162,169

UÊ U

U

U

Onni Corporate Centre/27353 58 Cres/O–RPMG Holdings Ltd/M–Onni Property Management/ L–Avison Young; Joe Lehman 604-687-0331

2

213,028

UÊ U

U

U

U

26825 56 Ave/M–Beedie Group/L–Colliers; Malcolm Earle/Blair Stewart 604-661-0895

1

64,832

UÊ U

U

U

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

1

189,500

8.26

UÊ U

U

26977 56 Ave/O–Beedie Development Group/M–Beedie Group/L–Colliers; Chris Morrison/Vito DeCicco 604-661-0875

1

141,494

6.38

U

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/Rick Eastman 604-662-5190

1

124,353

11,719-12,540

5.75

UÊ U

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

3

115,000

35,000

3.77

UÊ U

Parkland Business Centre/5525 272 St/O–Beedie Development/L–Avison Young; Joe Lehman/Michael Farrell 604-757-4958

2

87,042

UÊ U

Gloucester Industrial Estates/5350 272 St/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

2

23,655

U

5444 275 St/L–CBRE Ltd; Gurch Ollek 604-662-5103

1

14,000

2.02

U

U

5430 275 St/L–Cushman & Wakefield; Eric Rice/Ron Emerson/Jordan Sengara 604-640-5877

1

28,200

0.98

U

U

U

U U

U U

7542 Progress Way/L–JLL; Lee Hester/Casey Bell 604-998-6038

15.2

U

U

U

U

U

U

Tilbury Industrial Park/8295 River Rd/L–Colliers; Craig Kincaid-Smith 604-661-0883

U

U

Tilbury Industrial Park/6425 River Rd/L–Colliers; Craig Kincaid-Smith 604-661-0883

UÊ U

U

U

U

LANGLEY Gloucester Estates

6,388-12,766

UÊ U

U

U

U

U

U

U

U

U

U

U

U U U

U U U

U U

U

U

U

U

U

U

U

U

U

U

U

U

U U

U

U

U U

Langley City

00_Office Space 2017_01 2.indd 70

2017-05-03 10:29 AM


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 .

| 71

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

1

25,238

U

6011 196A St/L–Lee & Associates; Sebastian Espinosa 604-630-3396

1

25,500

UÊ U

20510-20530 Langley Bypass/O–BUK Investments/M–BUK Investments/ L–BUK Investments Ltd; John McGrandle 604-408-3002

3

49,743

U

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

1

75,794

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

1

14,070

19425 Langley Bypass/L–Avison Young; John Eakin 604-646-8399

1

100,000

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

9

606,659

50

UÊ U

U

U

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

1

19,400

1.51

UÊ U

U

U

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

1

46,609

1.07

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

6

205,050

11

9975 199B St/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

86,454

9.14

650-9770 2.01

U

U

U

U

U U

U

U

U

U

U

U

U

U

UÊ U

U

U

U

U

UÊ U

U

U

U

U

U

U

Northwest Langley 15,120

U

U U

U UÊ U U

U U

U U

U

U

19736 98 Ave/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

23,376

1.1

UÊ U

U

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

6

206,000

11

UÊ U

U

Port Kells Centre/9347 200A St/L–Avison Young; Joe Lehman/Garth White 604-757-4958

2

101,979

4.79

U

U

U

19676 Telegraph Trail/L–Colliers; Vito DeCicco/Chris Morrison 604-661-0830

1

22,839

U

U

9744 197B St/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

19,375

UÊ U

U

U

200th St Business Park/200 St & 86 Ave/M–Wesgroup/L–CBRE Ltd; Harry Ghag/Nicholas Westlake 604-662-5112

3

120,800

U

U

Willowbrook Business Park/20434 64 Ave/M–Concert/L–Re/Max Commercial Advantage; Gordon MacPherson 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; Brenda McAvoy 604-533-1138

3

108,465

20050 Stewart Cres/L–Colliers; Geoffrey Charters/Sean Bagan 604-662-2683

1

27,265

Maple Meadows Corporate Centre Phase III-IV/20285 Stewart Cres/ L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-683-3111

1

24,070

2.42

U

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

1

49,704

Braid St Distribution Centre/109 Braid St/O–2725321 Canada Inc/M–QuadReal/L–CBRE Ltd; Joe Inkster 604-662-3000

4

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

1

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

U

3.11

U

U

U

U

U

U

Willowbrook 4.5

UÊ UÊ U

825-12,000

U

U

U

U

U

U

U

U

U

U

MAPLE RIDGE Maple Meadows U

U

U

U

U

U

1.71

UÊ U

U

U

689,528

32

UÊ U

U

U

U

U

78,141

5

UÊ U

U

U

U

U

2

78,000

4.49

UÊ U

U

U

U

U

1

50,000

1

80,000

2

45,000

Golden Ears Business Centre - Phase I/19100 Airport Way/O–RPMG Holdings Ltd/M–Onni Property Management/ L–Avison Young; Ryan Kerr/Ben Lutes 604-647-5094

5

650,400

Golden Ears Business Park Phase II/19055 Airport Way/M–Onni Property Management/ L–Avison Young; Ryan Kerr/Ben Lutes 604-647-5094

4

559,100

Broadway Business Park/1551 Broadway/O–Mondi Properties/M–Pinnacle International/ L–Lee & Associates; Steve Caldwell/Sebastian Espinosa 604-602-7747

1

1772 Broadway St/O–Onni Group/M–Onni Property Management/L–Re/Max Central; Chris Davies/Peter Hall 604-718-7300

1

NEW WESTMINSTER Brunette U

U

NORTH VANCOUVER CITY MacKay-Bewicke Harbourside Business Park/998 Harbourside Dr/M–Forman Pilkington/L–Re/Max Central; Braden Hall/Peter Hall 604-718-7300

U

U

U

UÊ U

U

U

UÊ U

U

U

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

4

Norgate Cypress Business Centre/1801-1861 Welch St/L–Avison Young; Terry Thies/Ian Whitchelo 604-646-8398

PITT MEADOWS Pitt Meadows Airport 35

UÊ U

U

U

U

14,996

35

UÊ U

110,000

4,200

24

UÊ U

U

U

U

64,302

2,589

UÊ U

U

U

U

U

U

U U

PORT COQUITLAM Mary Hill Estates

00_Office Space 2017_01 2.indd 71

U U

U

U

2017-05-03 10:29 AM


72 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

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 .

Industrial/office park directory

UÊ U

U

U

U

116,000

UÊ U

U

U

U

U

U

109,900

UÊ U

U

U

U

U

U

UÊ U

U

U

U

U

U

UÊ U

U

U

U

UÊ U

U

U

U

Broadway Business Park/1647 Broadway St/O–Mondi Properties/M–Pinnacle Int’l/ L–Lee & Associates; Steve Caldwell/Sebastian Espinosa 604-895-2224

1

183,819

1533 Broadway St/O–Onni Development/M–Onni Group/L–Re/Max Central; Peter Hall/Chris Davies 604-718-7300

1

1525 Broadway St/O–Onni Development/M–Onni Development Corp/L–Re/Max Central; Peter Hall/Chris Davies 604-718-7300

1

Meridian Business Centre/1680 Broadway/O–RPMG (Broadway) Holdings/M–Onni Property Management/ L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-683-3111

1

82,394

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

1776 Broadway St/O–Onni Group/M–Onni Property Management/L–Re/Max Central; Chris Davies/Peter Hall 604-718-7300

1

64,302

Tyner Street Warehouses/2270-2280 Tyner St/O–Serracan Properties Ltd/M–Serracan Properties Ltd/ L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851

2

11,000

1750 McLean Ave/L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851

1

56,366

1765 Coast Meridian Rd/L–Lee & Associates; Steve Caldwell 604-895-2224

1

120,660

1650 Kingsway Ave/L–Lee & Associates; Steve Caldwell 604-895-2224

1

1923 McLean Ave/L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851

4,200

24

3,464 10

1,500-2,000

U

1.9 2.52

UÊ U

6.12

UÊ U

28,400

1.18

U

1

26,265

2

U

Meridian Industrial Park/1633 Kebet Way/O–Beedie Group/M–Beedie Group/L–Beedie Group; Blake Asselstine 604-909-8720

1

45,593

UÊ U

1628 Kebet Way/L–Cushman & Wakefield; Rick Eastman/Kevin Volz 604-683-3111

1

14,128

UÊ U

Meridian Industrial Park/1391 Kebet Way/M–Beedie Group/L–Cushman & Wakefield; Rick Eastman 604-640-5863

1

17,827

Meridian Industrial Park/1615 Kebet Way/M–Beedie Group/L–Colliers; Greg Lane 604-692-1442

1

Meridian Industrial Park/1435 Broadway St/M–Beedie Group/L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5863

1

River’s Edge Business Park - Bldg D/570 Sherling Pl/L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5863

4

1580 Kebet Way/L–Lee & Associates; Steve Caldwell 604-895-2224

1

19,800

Riverwood Business Park/585 Seaborne Ave/L–Lee & Associates; Ryan Barichello/Steve Caldwell/Chris McIntyre 604-630-3371

1

40,902

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

U

H Brum Complex/2520-2560 Simpson Rd/M–Dorset Realty/L–Dorset Realty Ltd; Colin Schuss 604-270-1711

3

75,526

U

16160-16268 River Rd/L–Colliers; Craig Kincaid-Smith 604-661-0883

4

50,400

Brighouse West Business Park/6711 Elmbridge Way/O–2725312 Canada Inc/M–QuadReal/L–QuadReal; Brent Lee 778-554-3520 1

29,659

Brighouse West/5920 No 2 Rd/M–QuadReal/L–QuadReal; Brent Lee 778-554-3520

1

45,814

28,070-51,030

U

U U

U U U

U

U

U

U

U

U

U

U U

U

U

U

U

U

U

U

U

U

U

U

UÊ U

U

U

61,400

UÊ U

U

U

57,251

UÊ U

U

U

UÊ U

U

U

Meridian

2,628-16,601

3.34

U

1

U

U

U

U

U

U

RICHMOND Bridgeport-North Richmond

30,000-60,000

15

UÊ U

9.5

UÊ U

U

U

U

U U

10.58

UÊ U

U

5

UÊ U

U

U U

U

U

U

U U

U

U

U

U

U

U

U U

Brighouse 5,000-25,000

U

U

U

U

U

U U

Brighouse West Business Park/5940 No 2 Rd/M–QuadReal/L–QuadReal; Brent Lee 778-554-3520

1

27,600

UÊ U

U

U

Brighouse West/6151 Westminster Hwy/M–QuadReal/L–QuadReal; Brent Lee 778-554-3520

1

13,800

U

U

U

U

Brighouse West/6191 Westminster Hwy/M–QuadReal/L–QuadReal; Brent Lee 778-554-3520

1

20,370

UÊ U

U

U

U

UÊ U

Brighouse West/6211 Westminster Hwy/M–QuadReal/L–QuadReal; Brent Lee 778-554-3520

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

Jacombs Business Centre/3771 Jacombs Rd/L–JLL; Casey Bell 604-998-6014

4

180,000

13900 Bridgeport Rd/L–Lee & Associates; Rand Thomson 604-630-3393

1

104,000

13480 Crestwood Pl/O–BUK Investments/M–BUK Investments/L–BUK Investments Ltd; John McGrandle 604-408-3002

1

125,000

Knightsbridge Business Park/3260 Viking Way &13680 Bridgeport Rd/O–Concert/M–Concert/ L–Colliers; Andrew Lord/Stefan Morissette 604-681-4111

2

65,624

Knightsbridge Business Park/3331-3571 Viking Way/O–Concert/M–Concert/ L–Colliers; Andrew Lord/Stefan Morissette 604-681-4111

9

214,941

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

Crestwood Place Business Centre/13511 Crestwood Pl/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

2

50,582

Viking Way Business Centre/3671-3691 Viking Way/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

2

69,350

24,340 1,000-3,320

U

U

U

U

U U

Crestwood

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

00_Office Space 2017_01 2.indd 72

5.15

U

U

U

U

U

U U

5.43

UÊ U

U

U

U

3,600

15.7

U

U

U

U

U

3,600

15.7

UÊ U

U

U

U

U

U

U

U

3,000

17.1

UÊ U

U

U

U

5.75

UÊ U

U

U

U

U

4

UÊ U

U

U

U

U

U

U

U

U

8.49

UÊ U

U

U

U

U

U U

U U

U

2017-05-03 10:29 AM


5871 No 6 Rd/L–JLL; Lee Hester 604-998-6038

1

17,424

Knighsbridge Business Park Bldg 2/13211 Delf Pl/O–Crestpoint Real Estate/M–SDM Realty/ L–Cushman & Wakefield; 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

4.62

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

0.4

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 .

| 73

UÊ U

U

U

UÊ U

U

U

U

U

UÊ U

U

U

U

14251 Burrows Rd/L–Avison Young; Ryan Kerr/Angus Thiele 604-647-5094

1

67,000

U

U

3851 Jacombs Rd/M–Porte Realty/L–Cushman & Wakefield; Matthew MacLean/Ron Emerson 604-640-5855

1

22,704

U

U

2551 No 6 Rd/L–CBRE Ltd; Bruce Richardson/Fraser Rowland 604-662-3000

1

131,320

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

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

28,914

1

330,450

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

UÊ U

U

U

U

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

U

U

U

U

6251 Graybar Rd/O–Farrell Estates/M–Farrell Estates/L–Farrell Estates; Stephanie Setchell 604-273-7503

1

30,000

U

U

U

21331 Gordon Way/O–Farrell Estates/M–Farrell Estates/L–Farrell Estates; Stephanie Setchell 604-273-7503

1

75,702

UÊ U

U

U

U

Fraserwood Business Park/22071 Fraserwood Way/L–CBRE Ltd; Joel Barnett/Steve Brooke 604-662-5570

1

16,294

U

U

Mitchell Island Business Park/11566-11568 Eburne Way/M–Dorset Realty Group/L–Re/Max Central; Dave Hall 604-718-7300

2

95,000

UÊ U

U

U

1091 Millcarch St/L–Lee & Associates; Tony Capolongo 604-630-3378

1

19,600

U

U

U

Richmond Business Park/14480-14488 Knox Way/O–RPMG Holdings/M–Onni Property Management/ L–Colliers; Stefan Morissette/Sean Bagan 604-692-1428

2

82,086

North Richmond Business Park/14271-14273 Knox Way/O–GRM Industrial Holdings/M–Onni Property Management/ L–Colliers; Stefan Morrisette 604-681-4111

2

85,570

30,000

7.1

5.75

UÊ U

U

U

UÊ U

U

U

UÊ U

U

U

UÊ U

U

U

U

U

East Richmond Hopewell Distribution Centre (Phase IV)/7031 York Rd/L–Colliers; Darren Cannon/Stuart Morrison/Andrew Lord 604-662-2637

15,400

15.56

Fraserwood

Mitchell Island

Riverside

Horseshoe Centre/12280 Horseshoe Way/M–Porte Realty/L–Porte Realty; Tracy Gu 604-732-7651

2

33,975

Riverside Centre/11151-11191 Horseshoe Way/L–Cushman & Wakefield; Ron Emerson 604-640-5921

3

173,000

Horseshoe Centre/12300 Horseshoe Way/L–Cushman & Wakefield; Noah Freedman/Ron Emerson 604-683-3111

2

11371 Coppersmith Way/M–RCG Group/L–Cushman & Wakefield; Ron Emerson/Jordan Sengara 604-608-5921

6.42

UÊ U

U

U

U

U

U

UÊ U

U

U

U

U

U

U UÊ U

U

42,000

U

U

1

26,894

UÊ U

River Road Business Centre/7080-7100 River Rd/M–Dorset Realty Group/L–Dorset Realty Group Ltd; Colin Schuss 604-270-1711

2

240,313

9300 Van Horne Way/L–JLL; Bruno Fiorvento/Casey Bell 604-998-6006

1

114,045

2471 Simpson Rd/L–JLL; Casey Bell/Jonathan Jassebi 604-998-6014

1

47,160

U

U

U U

U U

U

U

U

Van Horne UÊ 60,000

5

U

UÊ U

U

U

U U

U

U

U

U

U

U

SURREY Bridgeview U

U

1

182,428

Agwood Station/10619 Timberland Rd/M–Freeport Properties/L–Avison Young; John Eakin/Michael Farrell 604-646-8399

1

200,000

UÊ U

PacificLink Industrial Park/10240 Grace Rd/M–Wesgroup Properties/ L–Colliers; Stuart Morrison/Andrew Lord/Chris Brewster 604-662-2676

1

22,509

U

U

UÊ U

U

U

PacificLink Business Park/10449 Scott Rd/M–Wesgroup Properties/ L–Colliers; Stuart Morrison/Andrew Lord/Chris Brewster 604-681-4111

105,100

12.9

U

11125 124 St/L–Avison Young; Michael Farrell/John Eakin 604-646-8388

20,000-80,000

83

U

U

U

U

U

U

U

U

Campbell Heights Campbell Heights I/19097 26 Ave/L–Cushman & Wakefield; Andrew Green/Bill Hobbs 604-640-5800

1

45,800

5.68

UÊ U

U

U

U

Campbell Heights Business Park/19032-19052 26 Ave/O–Black Thorn Properties/M–Beedie Group/ L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-640-5800

2

28,660

2.72

UÊ U

U

U

U

U

UÊ U

U

U

U

19110-19130 24 Ave/O–Onni Group/M–Onni Property Management/L–Avison Young; Garth White/Joe Lehman 604-575-4960

1

109,600

Campbell Heights Business Park/19028 27 Ave/O–Papermake Enterprises/L–Lee & Associates; Tony Capolongo 604-630-3378

1

33,654

Highland Business Centre/19140 28 Ave/L–Frontline Real Estate; Kyle Dodman/Todd Bohn 604-424-9834

1

45,879

Campbell Heights Business Centre - Phase I/2677 192 St/M–Porte Realty/L–Porte Realty; Tracy Gu 604-732-7651

3

105,782

Campbell Heights Business Crt Bldg A/19102 27 Ave/L–Cushman & Wakefield; Kevin Volz/Jot Mattu 604-683-3111

1

17,687

19099 25 Ave/M–Porte Realty/L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-640-5851

1

50,557

00_Office Space 2017_01 2.indd 73

10,000

U

U

1.58

UÊ U

U

U

U

U

U

5.62

UÊ U

U

U

U

U

U

2.52

UÊ U

U

U

U

U

2017-05-03 10:29 AM


74 |

OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER

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 .

Industrial/office park directory

Blackthorn IV/19347 24 Ave/M–Blackthorn Properties Inc/L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-640-5800

1

99,007

4.92

UÊ U

U

U

U

Campbell Heights North Business Park/18905 32 Ave/L–Lee & Associates; Steve Caldwell/Sebastian Espinosa 604-895-2224

1

30,000

1.54

UÊ U

U

U

U

Campbell Heights West/18810 24 Ave/M–Onni Development/ L–Avison Young; Mathew Sunderland/Garth White/Joe Lehman 604-747-4960

1

400,000

20

UÊ U

U

U

Bridon Heights/2052-2076 192 St/L–Colliers; Randy Heed/Malcolm Earle 604-661-0831

2

97,894

UÊ U

U

U

Hayer Business Centre/19180 36 Ave/L–Avison Young; Garth White/Joe Lehman 604-775-4960

1

33,050

UÊ U

U

U

Campbell Heights North Business Centre/19055 34A Ave/L–Cushman & Wakefield; Rick Dhanda/Andrew Green 604-640-5816

1

24,119

3.44

U

U

Campbell Heights I/2455 192 St/L–Cushman & Wakefield; Andrew Green 604-640-5800

1

132,976

6.52

UÊ U

U

U

Campbell Heights/3557 190 St/L–Cushman & Wakefield; Andrew Green 604-640-5800

1

6,927

UÊ U

U

U

Campbell Heights South Business Park/2365 192 St/M–Beedie Group/L–Colliers; Chris Brewster/Chris Morrison 604-662-2694

1

21,160

UÊ U

U

U

19255 21 Ave/L–Farrell Estates Ltd; Stephanie Setchell 604-273-7505

1

80,685

South Surrey Business Park/18899 28 Ave/L–Avison Young; Michael Farrell/Robert Gritten/Ryan Kerr 604-646-8388

734,280

192 Corporate Centre/2278 192 St/M–Beedie Development/L–Colliers; Chris Brewster/Chris Morrison 604-662-2694

1

103,877

2579 188 St/L–CBRE Ltd; Ilya Tihanenoks/Chris MacCauley 778-372-3930

1

30,284

U 23,100

U

U

UÊ U

U

U

1.9

UÊ U

U

U

38

U

U

Cloverdale Cloverdale Industrial Park/17802 66 Ave/L–Lee & Associates; Steve Caldwell/Sebastian Espinosa 604-895-2224

1

163,377

17,700

3.53

UÊ U

U

U

Cloverdale Business Park/6554 176 St/L–Lee & Associates; Sebastian Espinosa 604-630-3396

1

19,200

8,800

1.3

UÊ U

U

U

19033 54 Ave/L–Avison Young; Garth White/Joe Lehman 604-757-4960

1

19,989

U

U

Cloverdale Business Park/18425 53 Ave/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

21,960

UÊ U

U

U

U

Willowbrook Business Centre/19292 60 Ave/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Brenda McAvoy 604-533-1138

2

74,602

U

FAMA Business Park/15045-15050 54A Ave/M–Bentall Kennedy/ L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-640-5800

8

339,063

Pacific Highway Business Park/17660 65A Ave/M–REMI Realty/ L–Cushman & Wakefield; William (Bill) Hobbs/Michael Hardy 604-640-5808

4

65,000

17690 65A Ave/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

23,867

78th Ave Industrial Park Bldg E/13329 78 Ave/O–Double V Developments/M–Double V Developments/ L–Cushman & Wakefield; Kevin Volz 604-640-5851

7

21,500

2,082

4.81

Colebrook Business Centre/15110 54A Ave/O–Colebrook 152 Holdings/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

1

95,947

4,000-60,000

12

UÊ U

U

Colebrook Business Centre/5433 152 St/O–Colebrook 152 Holdings/M–Morguard Investments/ L–Morguard; Faye Tam 604-602-6450

2

270,238

12

UÊ U

U

U

13120 76 Ave/L–CBRE Ltd; Harry Ghag/Nicholas Westlake 604-662-5112

1

36,503

UÊ U

U

U

North Newton East Industrial Centre/8086-8116 130 St/O–Redstone Group/ L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-683-3111

2

41,715

UÊ U

U

U

0.99

U

East Newton

16.03

UÊ U

U

U

U

UÊ U

U

U

U

U

U

U

U

U

U

U

U

U

U

Newton U

U

U

U

U

U

Newton Omniplex Centre - Bldg 1/7788 132 St/L–Cushman & Wakefield; Kevin Volz/Andrew Green 604-683-3111

1

280,260

U

U

U

Newton Omniplex Centre - Blg 5/13370 78 Ave/L–Cushman & Wakefield; Kevin Volz/Jot Mattu/Andrew Green 604-640-5851

1

38,889

UÊ U

U

U

Newton Business Centre/13147-13165-13177 76 Ave/ L–Cushman & Wakefield; Jott Mattu/Kevin Volz/Andrew Green 604-639-9352

3

45,000

U

U

U

Newton Omniplex Industrial Centre - Bldg 2/13260 78 Ave/L–Cushman & Wakefield; Kevin Volz 604-640-5851

1

21,736

U

U

North Newton West Industrial Centre/8145 130 St/O–Redstone Group/L–Cushman & Wakefield; Kevin Volz 604-640-5851

1

147,487

UÊ U

U

U

7889 132 St/L–Colliers; Vito DeCicco 604-661-0830

1

10,500

U

U

U

8.68

5.33

U

U U

Port Kells 19372 94 Ave/L–Cushman & Wakefield; Bill Hobbs 604-640-5808

1

20,600

10,019

Cancar Business Park/19375 96 Ave/O–Beedie Group/M–Beedie Group/ L–CBRE Ltd; Ilya Tihanenoks/Chris MacCauley 778-372-3930

5

22,250

18,000

9275-9305 194 St/O–Bosa Properties/M–Bosa Properties/L–Colliers; Randy Heed/Malcolm Earle 604-661-0831

2

85,104

17358 104A Ave/L–CBRE Ltd; Ilya Tihanenoks 778-372-3930

1

35,900

Centre on 96th Avenue/19358 96 Ave/O–Wesgroup/M–Wesgroup Properties/ L–Lee & Associates; Sebastian Espinoza 604-630-3396

1

176,000

Port Kells Industrial Park/18503 97 Ave/L–Cushman & Wakefield; Kevin Volz/Jot Mattu 604-640-5851

2

23,654

Golden Ears Industrial Centre/18770-18810 96 Ave/L–Lee & Associates; Sebastian Espinosa 604-630-3396

5

300,000

Cancar Business Park/19433 96 Ave/M–Beedie Group/L–CBRE Ltd; Chris MacCauley 604-662-5190

1

37,891

18911 96 Ave/L–Colliers; Chris Brewster 604-662-2694

1

12,563

19287 98A Ave/L–Cushman & Wakefield; Bill Randall 604-608-5967

2

41,000

6.5

9790 198B St/L–Cushman & Wakefield; William (Bill) Hobbs 604-640-5808

1

43,230

2.32

00_Office Space 2017_01 2.indd 74

U

U

UÊ U

U

UÊ U

U

U

U

1.08

4.7 2,666 6.30 1,192

1.25

29

U

U

U

U U U

U

U

U

U

U

U

U

UÊ U

U

U

U

U

U

U

U

U U U

U U

U U

U

U U

U

U

U

U

2017-05-03 10:29 AM


3383 Gilmore Way

980 Howe Street

510 Burrard Street

1095 West Pender Street

Look up. You’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 : 604.717.8235 | E: Paula_Wright@manulife.com Patrick Henry, Leasing Manager | T: 778.328.1605 | E: Patrick_Henry@manulife.com

00_Office Space 2017_01 2.indd 75

2017-05-03 10:29 AM


FOR LEASE

UP TO 137,300 SF OF PREMIUM OFFICE SPACE ANVILOFFICETOWER.CA •CAN ACCOMMODATE TENANT SIZES FROM 2,500 SF AND UP • ADJACENT TO NEW WESTMINSTER SKYTRAIN STATION • ANVIL CIVIC CENTRE AND CONFERENCE AMENITIES • EXCEPTIONAL PANORAMIC VIEWS AND DECK SPACES • ABUNDANT SURROUNDING AMENITIES: GROCERY, COFFEE SHOPS, BANKS AND RESTAURANTS

ROGER LEGGATT

MAX ZESSEL

Personal Real Estate Corporation Vice President roger.leggatt@ca.cushwake.com

Personal Real Estate Corporation Associate Vice President max.zessel@ca.cushwake.com

604

683 3111

00_Office Space 2017_01 2.indd 76

cushmanwakefield.com

GROUP OF COMPANIES

KINGSWOOD CAPITAL CORPORATION

2017-05-03 10:29 AM


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.