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
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FOREIGN BUYERS
STACKING STRATA
BOMA BC AWARDS
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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
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Coquitlam
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. 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.
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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
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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.
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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
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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
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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.
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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
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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.
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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
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avisonyoung.com
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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
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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
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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
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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
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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
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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.
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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
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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
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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.
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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
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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
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“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
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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
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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.
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“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.”
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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
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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
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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.
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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
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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
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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
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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.
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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
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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
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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
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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.
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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
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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
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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
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STACKING STRATA
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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 Groupâ&#x20AC;&#x2122;s Ironworks project, just off Hastings Street in East Vancouver | CONWEST GROUP
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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.
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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
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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
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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
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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
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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
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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.
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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
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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.”
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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
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OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER
Securing guards
continued from page 44 Ă&#x201E;
DAN POPOWICH CEO, COMMISSIONAIRES BC
In Canadaâ&#x20AC;&#x2122;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 doesnâ&#x20AC;&#x2122;t think the influx of new immigrants can help solve the industryâ&#x20AC;&#x2122;s problem of low employee retention. â&#x20AC;&#x153;Although we encourage new immigrants to apply, we find that most of them, and Iâ&#x20AC;&#x2122;m talking in terms of our company, do not meet the skill sets of writing and understanding and speaking English.â&#x20AC;? 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 masterâ&#x20AC;&#x2122;s degree in risk management, was part of BC Hydroâ&#x20AC;&#x2122;s corporate security team for nine years. He says wages for security guards are on par with the fast-food industry, which doesnâ&#x20AC;&#x2122;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. â&#x20AC;&#x153;Guards [are] able to participate in employer-supplied training that enables them to provide first aid and CPR,â&#x20AC;? Stanley says. â&#x20AC;&#x153;[Security guards] must be able to effectively manage a stressful encounter with the public, to communicate with the clientâ&#x20AC;&#x2122;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&#x20AC;? Stanley adds that finding security guards who will work for the wages available is difficult, and turnover is high. â&#x20AC;&#x153;This is not an easy task; ask any professional in the business,â&#x20AC;? he says. Popowich adds some regular clients are starting to understand they canâ&#x20AC;&#x2122;t simply lowball contracts. â&#x20AC;&#x153;Some of them do understand that you get what you pay for these days.â&#x20AC;? Ă&#x2030;
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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,
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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.
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Property Managersâ&#x20AC;&#x2122; Source Book 2018
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OFFICE SPACE 2017 PUBLISHED BY BUSINESS IN VANCOUVER
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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
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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
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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
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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
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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
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BA Y
M
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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
UÊ
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
UÊ
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
UÊ
U
U
5
UÊ
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
UÊ
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
UÊ
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
UÊ
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
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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
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M
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Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact/Phone
BE R OF BU ILD TA IN AR L R GS E A EN –S TAB Q . LE FT .
Industrial/office park directory
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
UÊ
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
UÊ
U
1850 Hartley Ave/O–Wentworth Properties/M–Amacon Property Management/ L–Cushman & Wakefield; Kevin Volz/Rick Eastman 604-640-5851
1
35,000
UÊ
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/Mâ&#x20AC;&#x201C;Beedie Development/Lâ&#x20AC;&#x201C;Colliers; Greg Lane/Bianca Gilbert 604-692-1442
2
118,340
2
44,565
Ridley Corporate Centre/669 Ridley Pl/Mâ&#x20AC;&#x201C;Amacon/Lâ&#x20AC;&#x201C;JLL; Mike Thompson/Lee Hester 604-998-6038
1
144,392
Cliveden West Business Centre/1585-1595 Cliveden Ave/Oâ&#x20AC;&#x201C;Pensionfund Realty/Mâ&#x20AC;&#x201C;Morguard Investments/ Lâ&#x20AC;&#x201C;Morguard; Faye Tam 604-602-6450
2
82,525
Cliveden Centre 2/1360-1396 Cliveden Ave/Mâ&#x20AC;&#x201C;Bentall Kennedy/Lâ&#x20AC;&#x201C;Bentall Kennedy; Tim Evans 604-233-1009
1
130,000
1309-1319 Derwent Way/Lâ&#x20AC;&#x201C;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
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Industrial park name/address Oâ&#x20AC;&#x201C;Owner/Mâ&#x20AC;&#x201C;Management company/Lâ&#x20AC;&#x201C;Leasing company; Contact/Phone
BE R OF BU ILD TA IN AR L R GS E A EN â&#x20AC;&#x201C;S TAB Q . LE FT .
| 69
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Schoolhouse 224 Cayer St/Lâ&#x20AC;&#x201C;Cushman & WakeďŹ eld; Flavio Unti 604-640-5889
4,000
U
U
U
6.23
UĂ&#x160; U
U
U
4.96
UĂ&#x160; U
2
U
U
DELTA Annacis Island
11,000-48,000
U
U
U
U
U
U
U
U
U
U
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U
U
7
1090 Cliveden Ave/Oâ&#x20AC;&#x201C;RCG Group/Mâ&#x20AC;&#x201C;Swordfern Property Management/Lâ&#x20AC;&#x201C;JLL; Casey Bell 604-998-6014
1
45,000
U
U
Cliveden Centre 1/1302 Cliveden Ave/Mâ&#x20AC;&#x201C;Bentall Kennedy/Lâ&#x20AC;&#x201C;JLL; Lee Hester/Michael Thompson/Casey Bell 604-998-6038
1
15,314
UĂ&#x160; U
U
U
U
460-464 Fraserview Pl /Lâ&#x20AC;&#x201C;Colliers; Sean Bagan/Stefan Morissette 604-661-0821
2
30,732
UĂ&#x160; U
U
U
Annacis Business Park/1600-1610 Derwent Way/Mâ&#x20AC;&#x201C;RCG Group/Lâ&#x20AC;&#x201C;JLL; Casey Bell 604-998-6014
2
117,000
Cliveden Place 1/819 Cliveden Pl/Oâ&#x20AC;&#x201C;Sun Life Financial/Mâ&#x20AC;&#x201C;Bentall Kennedy/Lâ&#x20AC;&#x201C;Bentall Kennedy; Tim Evans 604-233-1009
1
73,000
Cliveden Centre 6/725 Eaton Way/Mâ&#x20AC;&#x201C;Bentall Kennedy/Lâ&#x20AC;&#x201C;Bentall Kennedy; Tim Evans 604-233-1009
2
105,269
Cliveden Centre 4/1480-1498 Cliveden Ave/Mâ&#x20AC;&#x201C;Bentall Kennedy/Lâ&#x20AC;&#x201C;Bentall Kennedy; Tim Evans 604-233-1009
1
69,500
Cliveden Centre 1/1278 Cliveden Ave/Mâ&#x20AC;&#x201C;Bentall Kennedy/Lâ&#x20AC;&#x201C;Bentall Kennedy; Tim Evans 604-233-1009
1
800 Carleton Crt/Mâ&#x20AC;&#x201C;GWL Realty Advisors/Lâ&#x20AC;&#x201C;CBRE Ltd; Blair Quinn/Zach Wittenberg 604-662-5161
2.34
UĂ&#x160; U
U
U
U
U
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U
U
U
U
U
5
UĂ&#x160; U
U
U
4
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U
U
U
U
U
6
UĂ&#x160; U
U
U
U
U
U
8
U
U
U
U
U
126,611
8
UĂ&#x160; U
U
U
U
U
1
91,872
4
UĂ&#x160; U
U
U
U
1329 Cliveden Ave/Lâ&#x20AC;&#x201C;JLL; Bruno Fiorvento/Lee Hester 604-998-6006
1
63,946
UĂ&#x160; U
U
Cliveden Place/820 Cliveden Pl/Mâ&#x20AC;&#x201C;BUK Investments/Lâ&#x20AC;&#x201C;BUK Investments Ltd; John McGrandle 604-408-3002
1
174,473
7.75
UĂ&#x160;
U
U
U
1511 Derwent Way/Oâ&#x20AC;&#x201C;BUK Investments/Mâ&#x20AC;&#x201C;BUK Investments/Lâ&#x20AC;&#x201C;JLL; Lee Hester 604-998-6038
1
106,988
4.65
UĂ&#x160; U
U
U
U
1500-1520 Derwent Way/Mâ&#x20AC;&#x201C;Bentall Kennedy/Lâ&#x20AC;&#x201C;Bentall Kennedy; Jeff Rank 604-661-5090
1
51,822
UĂ&#x160; U
U
U
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13,000-26,000
7,000-15,000
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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 Â&#x2021; /RW VZHHSLQJ Â&#x2021; *UDIĂ&#x20AC;WL UHPRYDO Â&#x2021; 6LGHZDON VZHHSLQJ Â&#x2021; &RDWLQJ DQG VHDOLQJ Â&#x2021; 3UHVVXUH ZDVKLQJ Â&#x2021; 6QRZ DQG LFH PDQDJHPHQW Landscape Maintenance Services Â&#x2021; /DQGVFDSH PDLQWHQDQFH Â&#x2021; :DWHULQJ Â&#x2021; :DVWH FROOHFWLRQ
00_Office Space 2017_01 2.indd 69
Landscape Installation/ Extra Services Â&#x2021; 6HOHFW 6LQJOH )DPLO\ Â&#x2021; 5HQRYDWLRQV Â&#x2021; 6SHFLDO 3URMHFWV Â&#x2021; 6WUDWD &RPPHUFLDO ([WUD¡V Environmental Services Â&#x2021; 5LSDULDQ SODQWLQJ PDLQWHQDQFH Â&#x2021; ,QYDVLYH ZHHG UHPRYDO Â&#x2021; (OHFWURFLGH
Providing office space in some of Vancouverâ&#x20AC;&#x2122;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
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Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact/Phone
BE R OF BU ILD TA IN AR L R GS E A EN –S TAB Q . LE FT .
Industrial/office park directory
U
1
38,633
1538 Cliveden Ave/L–JLL; Bruno Fiorvento 604-998-6006
1
80,000
UÊ
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
UÊ
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
UÊ
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
UÊ
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
UÊ
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
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Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact/Phone
BE R OF BU ILD TA IN AR L R GS E A EN –S TAB Q . LE FT .
| 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
UÊ
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
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U
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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
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Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact/Phone
BE R OF BU ILD TA IN AR L R GS E A EN –S TAB Q . LE FT .
Industrial/office park directory
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
UÊ
U
U
UÊ
U
U
U
U U
5.43
UÊ U
U
U
U
3,600
15.7
UÊ
U
U
U
U
U
3,600
15.7
UÊ U
U
U
U
U
U
UÊ
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
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Industrial park name/address O–Owner/M–Management company/L–Leasing company; Contact/Phone
BE R OF BU ILD TA IN AR L R GS E A EN –S TAB Q . LE FT .
| 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
UÊ
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
UÊ
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
UÊ
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
UÊ
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
UÊ
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
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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
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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
UÊ
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
UÊ
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
UÊ
U
U
U
U U U
U
U
U
U
U
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2017-05-03 10:29 AM
3383 Gilmore Way
980 Howe Street
510 Burrard Street
1095 West Pender Street
Look up. Youâ&#x20AC;&#x2122;ll see our ofďŹ ce towers in major cities across the globe including Vancouver, Toronto, New York, Chicago, Los Angeles, Hong Kong and Tokyo. Our team of real estate professionals is dedicated to managing millions of square feet of commercial real estate for thousands of customers each day. Customers that call our buildings home. For leasing information, please contact: Paula Wright, Leasing Director | T : 604.717.8235 | 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