Office Space 2015

Page 1

OFFICESPACE 2015

SUBURBAN HQS Transit lures head offices from downtown | 48

CLASS DISTINCTION Transforming Class B space to Class A style | 16

SKYLINE REMADE Metro Vancouver’s bold new skyscrapers | 37

BOMA BC LEASING GUIDE | COMMERCIAL REAL ESTATE 2015 OFFICIAL PUBLICATION

British Columbia Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

PUBLISHED BY | BUSINESS IN VANCOUVER

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BOMA BESt ENDORSED UNDER VANCOUVER’S GREENEST CITY 2020 ACTION PLAN | 55

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A winner of Canada’s Best Managed Companies program from 2011 to 2013, Avison Young became a Gold Standard winner in 2014

A Different Approach to Commercial Real Estate At Avison Young, we know the status quo is no longer acceptable. Clients want something different, something better, a new approach to their real estate. So we’ve aligned our structure in a collaborative model focused on client performance and satisfaction. The Avison Young difference translates into intelligent solutions that deliver a better client experience – and better results. Learn more about how our approach might help you at:

avisonyoung.com Avison Young is the world’s fastest-growing commercial real estate services firm, now with 66 offices across North America and in Europe, providing a full range of value-added services globally to real estate owners and occupiers.

Partnership. Performance.

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CONTENTS VANCOUVER THE NEW OFFICE TOWERS

36

FEATURES Class distinction

16

Six older office towers converted to LEED

22

Roofing revolution

24

Creative space

28

OFFICESPACE 2015

SUBURBAN HQS Transit lures head offices from downtown | 48

CLASS DISTINCTION

DOWNTOWN REDESIGN CORE EXTENSION HEADING TO THE SUBURBS Unprecedented office construction transforms the city skyline and suburban transit hubs

VANCOUVER | THE NEW OFFICE TOWERS Downtown redesign Core extension Heading to the suburbs

Transforming Class B space to Class A style | 16

SKYLINE REMADE Metro Vancouver’s bold new skyscrapers | 37

BOMA BC LEASING GUIDE | COMMERCIAL REAL ESTATE 2015

36 37 42 48

BESt savings

52

BOMA BESt

55

Security gets tougher

58

16

CLASS DISTINCTION

OFFICIAL PUBLICATION

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

PUBLISHED BY | BUSINESS IN VANCOUVER

BOMA BESt ENDORSED UNDER VANCOUVER’S GREENEST CITY 2020 ACTION PLAN | 55

PUBLISHER: Paul Harris EDITOR-IN-CHIEF: Fiona Anderson EDITOR : Frank O’Brien GRAPHIC DESIGN: Randy Pearsall PROOFREADER: Meg Yamamoto WRITERS : Pat Johnson, Noa Nichol,

Peter Mitham, Frank O’Brien, Scott Simpson, Janet Staftenhagen, Michael Vanden Bosch PRODUCTION: Rob Benac VP SALES: Sue Belisle SALES MANAGER: Joan McGrogan ADVERTISING SALES : Lori Borden, Corinne Tkachuk ADMINISTRATOR: Katherine Butler RESEARCHER: Anna Liczmanska CONTROLLER: Marlita Hodgens PRESIDENT, BIV MEDIA GROUP: Paul Harris Office Space 2015 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 2015 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

The historic Vancouver Stock Exchange is among aging office buildings being upgraded to Class A space

COLUMNS

CREATIVE SPACE Correia—34

28

Klemky—55

BRIEFS

Publications Mail Agreement No: 40051199. Registration No: 8876. Return undeliverable Canadian addresses to Circulation Department: 303 Fifth Avenue West, Vancouver, B.C. V5Y 1J6 Email: subscribe@biv.com Cover: Hemmera president and founder Paul Hemsley at the company’s new headquarters in Burnaby’s Metrotown. Photo: Richard Lam

OFFICIAL PUBLICATION

Tech giants move into Vancouver and push office designers to challenge creative limits

10, 12

INFOGRAPHICS

14

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

64 66 68

DIRECTORIES Office buildings Industrial/office parks

70 86

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British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

PUBLISHED BY

2015-04-27 3:20 PM


WELCOME TO THE VALLEY.

THE FRASER VALLEY REAL ESTATE BROKERAGE FLRE.ca 路 604.583.2500 Image by Casey Yee. Used under the creative commons license CC BY-SA 2.0.

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6 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

Editor’s note

VANCOUVER OFFICE DEVELOPERS DEMYSTIFY SUSTAINABILITY

A Frank O’Brien Editor

houseplant on a desk. Lowering window blinds. Printing reports on both sides of the paper. These are some of the simple steps that Vancouver office developers are using to meet the sustainability standards of not only the Building Owners and Managers Association of BC (BOMA BC) but even the international LEED (Leadership in Energy and Environmental Design) certification. It is only natural that BOMA members would be aware of how sustainability can be incorporated into office environments. Long before “green” became a movement – and then a requirement – in contemporary commercial construction, BOMA was encouraging developers and property owners to lighten their environmental footprint. The 10-year-old BOMA BESt program requires continual monitoring and upgrading to meet ever-higher levels of certification. There are now 259 B.C. buildings BOMA BESt-certified – 29 more than in 2014. Seven have achieved the highest Level 4 certification, including the Shangri-La hotel in Vancouver and the Victoria Conference Centre. Seventy-one buildings have Level 3 certification, having an assessment score of 80 to 89 per cent.

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And the program works well even with older buildings. An example is Robson Court, a 30-year-old Vancouver office tower that has reached the premier BESt Level 4 with assessment scores north of 90 per cent. The building has also achieved recognition as LEED Gold for its sustainability measures. The BESt program’s success is that it is “a constant ongoing process,” as one property manager explains. This keeps sustainable strategies continually in front of managers and tenants and often leads to simple yet powerful solutions. “Houseplants like lady palm, snake plants or dracaenas remove not only carbon dioxide from the environment, but also potentially harmful chemicals. A little water and indirect sunshine are all that’s required to improve the air quality at your workstation,” says Alison Kirk-Owen, Cadillac Fairview’s Vancouver energy management specialist. Such simple solutions are among the reasons why Cadillac Fairview, active with BOMA BESt, recently achieved LEED Gold certification for five of its older Vancouver office properties. Sustainability is a journey, not a destination, and BOMA BC members are showing it can be an easy and rewarding path to take.

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Triovest Realty Advisors (B.C.) Inc. is a fully-integrated, strategic real estate advisor and services provider. As a company, we are dedicated to providing the best possible real estate investment and management services for our clients. Our approach is to identify and execute on creative investment opportunities to assist our clients in achieving their investment objectives. To learn more about what Triovest brings to the table visit triovest.com

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8 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

2015-2016 BOARD OF DIRECTORS

2015 BOMA CORPORATE SPONSORS Platinum Mott Electric

Richard Lui Polaris Realty (Canada) Ltd. Steve Normann Alpine Building Maintenance Inc. Marc Ricou Bentall Kennedy (Canada) LP Warren Smithies Martello Property Services Inc. Roger Steers Read Jones Christoffersen Ltd. Lillian Tummonds Cadillac Fairview Corp. Ltd.

OFFICERS PRESIDENT Robert Kavanagh GWL Realty Advisors Inc. VICE-PRESIDENT Susan Dodsworth SNC-Lavalin O&M Inc. 2ND VP & TREASURER Greg Last Triovest Realty Advisors (BC) Inc. PAST PRESIDENT Derek Page Oxford Properties Group EXECUTIVE VICE-PRESIDENT, BOMA BC

Paul LaBranche DIRECTORS Natalie Bishop Ivanhoe Cambridge II Inc. Jack Hole Haakon Industries

BOMA VICTORIA CHAPTER PRESIDENT

Brenda Bolwyn Colliers International

EVENTS & EDUCATION Each year BOMA presents four seminars, networking luncheons, quarterly events for “under-40s”, lunch and learns for operations personnel, a double-shotgun golf tourney and

omicronaec.com

a 780-person Christmas luncheon – there’s something for everyone. Learn more at www.boma.bc.ca/ events-sponsorship/event-calendar

Gold BFL Canada Insurance Services Inc.

DTZ, a UGL company

Silver Corporate Electric Ltd. Trane Northwest Morguard Investments Ltd.

Broadway Refrigeration & Air Conditioning Ltd. ESC Automation

Bronze Manulife Financial Real Estate Waste Management SerVantage Service Corp. Alpine Building Maintenance Inc. Cadillac Fairview Corp. Ltd Triovest Realty Advisors (BC) Inc. Somatic HVAC Solutions Royal Centre (BPOC) Inc.

Chubb Edwards Envirosafe Janitorial Inc. Priority Building Services Ltd. Bee-Clean Building Maintenance Control Solutions Ltd. Peterson Commercial Marine Roofing

fSpace Planning fProgramming fInterior Design fBrand Alignment fCosting fFurniture Consultation fArchitecture fEngineering fConstruction

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10 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

Briefs

Office campus mixes industrial, high tech

Anvil Centre takes glazing award

A

new 310,000-square-foot complex is the first in Burnaby designed as a mixeduse office and warehouse development. Eastlake Campus, by Adera, which opened its first phase of a three-phase, six-building development April 16 at Burnaby’s Lake City Business District, is designed to LEED environmental and energy standards and offers high-speed fibre optics, curtainwall-style glazing and rooftop patios. The first building, covering 41,500 square feet, is now open and has welcomed its first tenant, publicly traded Novadaq. The development is being built under Burnaby’s new Lake City Business Centre Plan, which anticipates the transition of the area from heavy industrial use to more intensive

T Eastlake Campus merges office and industrial space in Burnaby | ADERA

office and specialized light industrial. The 16-acre site also includes green space with walking and biking trails and a picnic area, Adera notes. “Eastlake Campus is an unrivalled modern ‘flex’ development where employees will enjoy their environment and thrive in a unique, natural setting, all within close proximity to rapid transit and retail amenities,” says leasing agent Roger Leggatt of Cushman & Wakefield.

he Anvil Centre office tower in New Westminster captured the 2014 Fenestration Association of BC Project of the Year Award for its stunning fenestration work on the Royal City’s newest landmark. The award honours a project that in “design or construction excellence, energy-efficient buildings or new uses of technology” represented the best in British Columbia. The Anvil Centre, an angular office tower, challenged the skills of Delta-based Phoenix Glass Inc. (PGI) and the bluechip team that worked on the project. Architects Musson Cattell Mackey Partnership recruited Layton Consulting Ltd. for on-site structural engineering services and certification of the glazing systems. The architectural concept

Next downtown office wave is building

Strata office sales reward speculators

E

D

ven as a record-breaking cycle of downtown Vancouver office construction nears completion, a second wave is being proposed. In all, more than two million square feet of new offices are planned for the business core, according to Avison Young, but timing hinges on office demand. The first signal of the construction tsunami could be seen this spring when work is expected to start on the Burrard Place project. This development includes a 13-storey, 230,000-square-foot office tower at Burrard Street and Drake Street. Jim Pattison Developments and Reliance Properties could complete the office space in mid-2018. Other proposed office projects include: ■A 350,000-square-foot building at 320 Granville Street, from Carrera Management Ltd. ■A 215,000-square-foot tower

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The Burrard Place tower expected to join the latest cycle of office construction | RELIANCE PROPERTIES

by Morguard for 601 West Hastings Street. ■A 363,000-square-foot tower at 753 Seymour Street, by GWL Realty Advisors. ■Bentall Kennedy’s 415,000-square-foot office building at 1090 West Pender Street. ■A 500,000-square-foot tower at 1133 Melville Street, by Oxford Properties. ■Cadillac Fairview’s 408,500-square-foot building at 555 West Cordova Street.

evelopers who came to market in the past year selling rather than leasing office space are finding a receptive and steady market across Metro Vancouver. Strata commercial space has traditionally accounted for a fraction of the overall market, but its popularity has been increasing over the past three years. A January survey by Bramwell & Associates Realty Advisors shows Metro office space is selling for $393 per square foot. Overall sales of commercial strata space were 104 units in the fourth quarter, Bramwell reports, up from 78 in the same period in 2013. An example is the 150,000-square-foot first phase of City Centre 1 in central Surrey. With 80 per cent of the new 11-storey tower sold, the office space has been fetching $400 per square foot, compared to

Anvil Centre, New Westminster, awarded for innovative fenestration | LAYTON CONSULTING LTD.

required large, hanging structural canopies and structural glass walls, four-sided structural silicone glazed curtain wall, glass doors, stacking doors and structural all-glass walls. Anvil Centre is a 138,000-square-foot, eightstorey office building owned by an investment group that includes veteran Vancouver developer Joseph Segal.

Eighty per cent of the strata office space at Surrey City Centre has sold | COLLIERS INTERNATIONAL

an average of $292 in the Surrey market. The city of Vancouver posts the highest prices for commercial strata space, with office space selling for an average of $536 per square foot, Bramwell reports. Rising prices have been seen recently in the city’s Mount Pleasant neighbourhood, on the border of East Vancouver and the west side, where relaxed zoning has encouraged a mixing of office and industrial space close to downtown.

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12 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

Briefs

Elevators raise energy savings

A

n energy-generating elevator system is among the innovations that helped the Value Group achieve LEED (Leadership in Energy and Environmental Design) PPlatinum status for its Office of Newton project in Surrey. LEED is the rating system of the Canada Green Building Council. A 45,000-square-foot, mixed-use retail and office complex, the Office of Newton is equipped with Kone EcoSpace elevators that regenerate electricity for the four-storey building when a cab is travelling up or down. The Kone EcoSpace also eliminates the need for a machine room by attaching the hoisting machine to the guide rail. With only one moving part, the lift system uses 70 per cent less energy than a hydraulic power unit, the company says. “The Kone and most new elevator systems primarily use gearless machines, which are more efficient than geared machines,” explains

Heiner Marnet, president of Burnaby-based City Elevator Ltd. Also, he notes, the new elevators use permanent magnet AC machines as opposed to older direct current (DC) systems that required a separate AC/DC generator. “The new drive systems use regenerative drives that pump power back into the mains during the times that the elevator car becomes a generator. This happens when an empty elevator is travelling up or a fully loaded car is travelling down. This is similar to how an electric car charges the battery when going downhill,” Marnet says. The other elevator elevation is destination control, where users key in the floor they want to travel to at kiosks, which directs them to the assigned car. This replaces the traditional selective collective system that has up and down buttons in the hallway. “The advantage is more efficient dispatching by grouping people that are going to the same floor,” Marnet says.

Office of Newton, Surrey | VALUE GROUP

He adds that destination controls are included with upgrades being done in Vancouver office buildings. “I believe this will become the new standard.” LEED helps drive such innovation as energy-producing elevators, according to Thomas Mueller,

president and CEO of the Canada Green Building Council. “The stringency and rigour of the LEED standard is enabling real progress in constructing better-performing buildings and reducing environmental impacts from the buildings sector,” Mueller says.

Get what you need in the heart of your community • Shops • Approx 250,000 sf • Services total GLA • Food Court • 3-level parkade • 2 office towers • Near Canada Line & • Class A building major transportation Tel: 604.299.4455 Fax: 604.299.4453 info@cityelevator.ca City Elevator Ltd. 3657 Wayburne Drive Burnaby, BC V5G 3L1 604-876-5165

MAINTENANCE • MODERNIZATIONS • REPAIRS

www.cityelevator.ca

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www.mycitysquare.com 12th & Cambie

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14 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

2014 COMMERCIAL REAL ESTATE INVESTMENT SALES

14%

1,200,000

12%

1,000,000

10%

800,000

8%

600,000

6%

400,000

4%

200,000

2%

0 2010

2011

2012

2013

Absorption rate

2014

2015 Forecast

$419m

$776b

Industrial 21%

Retail 40%

Absorption rate

Vacancy rate

FIVE-YEAR DOWNTOWN OFFICE VACANCY & ABSORPTION

-200,000

$753m

Office 39%

Vacancy rate

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

3.59 million

5

$28-$45

A

7.60 million

5.5

$20-$38

B

6.82 million

8.3

$18-$32

C

3.28 million

9.6

$14-$26

Total

21.29 million

6.9 * NET RENTAL (LEASE) RATE IS MEASURED PER SQUARE FOOT, PER ANNUM

METRO VANCOUVER OUTLIER OFFICE PERFORMANCE District

Total inventory (square feet)

Vacancy rate

Absorption 2014 (square feet)

Yaletown

2,029,244

3.1%

23,928

Broadway

7,186,599

4.6%

410,466

Burnaby

9,592,817

12.6%

34,390

Richmond

4,200,538

15.2%

7,545

Surrey

2,759,572

22.1%

14,475

New Westminster

1,688,572

16.8%

-1,478

1,372,098

7.8%

-86,621

North Shore

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

ALL INFORMATION COURTESY OF AVISON YOUNG, VANCOUVER

To inquire about our services or to receive our Research Reports

Please call: 604.687.7331

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avisonyoung.com

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Dream OďŹƒce REIT is committed to working with you to achieve the best workplace solutions for your business, your employees and your clients.

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CLASS DISTINCTION Vancouver developers turn trio of old Class B and C buildings into wholly contemporary Class A offices

NOA NICHOL

T

o be honest, it probably would have been cheaper and, perhaps, even less time-consuming to build from scratch,” says Nadja Gehriger, vice-president of SwissReal Group – a British Columbia-based property management, development and investment company – with a good-natured laugh. “However, we’ve had the vision to preserve a part of the heritage aspect of Vancouver for some time. In a city where shiny new glass skyscrapers seem the norm, we are really pleased and excited to be executing on that today.” She’s talking about her firm’s latest project – an upgrade of the city’s old stock exchange building, first erected at 475 Howe Street in 1929 with a striking, modernist/Gothic-style exterior and a barrel vault lobby – that just so happens to be Canada’s very first LEED Platinum heritage conversion. The Exchange development, which will retain the shell of the old building, including many notable features from its days as a traditional “open-outcry” trading floor, will, too, boast a 31-storey, $240 million adjacent tower when it completes in the spring of 2017.

Vancouver Stock Exchange in 1929 | TOWNLEY, MATHESON AND PARTNERS, CITY OF VANCOUVER ARCHIVES, AM 1399-S3: CVA1399-600

An upgrade of Vancouver’s old stock exchange building happens to be Canada’s very first LEED Platinum heritage conversion | SWISSREALGROUP

NADJA GEHRIGER |

VICE-PRESIDENT, SWISSREAL GROUP

We’ve had the vision to preserve a part of the heritage aspect of Vancouver for some time

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| 17

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18 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

Class distinction

Don Shafer, CEO of Roundhouse Radio, is among the first tenants in a refurbished 1970s Railtown area warehouse that has been made into stylish, open-space offices | ROB KRUYT

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It will also include many modern, green upgrades, including 100 per cent fresh-air flow, a radiant heating/ cooling system, new windows, solar panels, thermal regulators and LED lighting – even in the parking garage. An anchor tenant, National Bank, will occupy 45,000 square feet of space. “It took about eight months to build the original structure in 1929, but it’s going to take longer to upgrade it now and bring it to the level where it’s sustainable, comfortable and attractive for our tenants,” says Gehriger. “The new design conserves the best of the old structure, while bringing standards of sustainability, efficiency and comfort into the 21st century. Tenants these days look at studies about how productive their employees are, how proud they are of their premises, how comfortable they are. This building – a beautiful example of the old and the new coming together harmoniously – has absolutely been designed with this in mind.” The Exchange is not the only project in Vancouver to see a heritage building upgraded to shiny new office space. In Crosstown, Reliance Properties Ltd. recently completed a similar makeover – and won industry accolades for it. The work involved a brick-and-beam Class B office building at 564 Beatty – 105 years old, and redeveloped into 50,000 square feet of Class A premises. Beyond the structure’s total upgrade, four extra floors of contemporary offices were added above, boasting refurbished or duplicated heritage windows, high-performance curtain-wall glazing and a partial green roof. The project took the Gold Heritage Restoration Award in the 2014 Vancouver Regional Construction Association Awards of Excellence. David Bowyer, construction manager with ITC Construction Group, says, “What makes this project unique is the extent to which we preserved the original building. We didn’t gut the inside or rebuild; rather, we maintained the old building – floors, columns, ceilings, walls – while performing the seismic upgrade, reinforcing the footings and constructing the new floors.” A third example of can be found at 704 Alexander Street in the up-and-coming Railtown district, where KM Pacific Investments Inc. – a real estate firm with ties to Japan – is working within the 1970s building’s existing framework in order to maintain the distinct character of the neighbourhood. “Railtown is a unique area with a unique look; when we saw this building, we wanted to retrofit it and … also go above and beyond in terms of safety and sustainability,” says Koji Masuda, president and CEO of KM. “We wanted to add to the flavour of the area, not take away from it.” In addition to a refurbished exterior, an enhanced envelope and an overhaul of systems inside, the building is being given high-end cosmetic upgrades – custom lighting and high-end furnishings, for example – to help create a unique space for tenants and set a benchmark in Railtown’s evolution. “The result is that we are able to provide – particularly businesses operating in alternative, creative industries – a space they can identify with,” Masuda says. “Something our future tenants, even though they are only

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What does your real estate say about you? How, where and why companies occupy space can speak volumes about their brand, assist in attracting and retaining their teams, connect with their clients and even help define their culture. Deloitte Real Estate combines the services of a traditional property advisor with our experts in business, tax and assurance advisory. We help tenants and owners alike turn their bricks and mortar into a strategic business advantage. Contact Jennifer Podmore Russell or Michelle Osry, Deloitte BC Real Estate Industry Leaders, at 604-669-4466 or visit www.deloitte.ca for more information.

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20 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

Class distinction

leasing office space, can feel like they have ownership over and can actually call home.” O ne ten a nt, Rou ndhouse Radio – an urban talk station at 98.3 on the FM dial – is looking forward to its spring 2015 move-in. “When we were looking for office space we knew we wanted something with character, something funky,” says Roundhouse Radio CEO Don Shafer. “We also wanted to be street-level – that was key. Every other radio station in Vancouver is on the second or the The interior of 564 Beatty: rather than gut the old building, floors, columns, ceilings and walls were maintained and reinforced to modern seismic standards | GLEN STOKES

Reliance Properties Ltd. transformed a century-old brickand-beam building at 564 Beatty into 50,000 square feet of topclass offices | ROB LESHGOLD

third or the 35th floor of a highrise. Our mandate is different, and our space ought to reflect that.” The option of a move-in-ready older building with all the modern amenities was appealing; in fact, the station is working with a designer to ensure its space at 704 Alexander keeps the original warehouse look and makes it functional at the same time. “Simply put, it suits us,” Shafer says. É

LANDMARK in MOTION Vancouver’s most recognizable building has recently undergone a significant redevelopment - upgrading our food court and revitalizing our streetscape. We are proud to be the landlord of this iconic landmark, maintaining it for our valued tenants and preserving our spot in the Vancouver skyline.

We would like to thank our new and renewing tenants for choosing Harbour Centre!

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THE EXCHANGE The future works here

Canada’s First LEED Platinum Heritage Conversion Setting a New Vancouver Benchmark for Next Generation Office Space in 2017

THE EXCHANGE theexchangebuilding.ca

Leasing Enquiries: Bill Coulter*, B.Comm. | Senior Vice President CBRE Limited | Brokerage Services T 604 662 5131 bill.coulter@cbre.com | www.cbre.com * Personal Real Estate Corporation

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Class distinction

OLD OFFICE TOWERS In some cases, improving office space not only raises the class designation, it also improves the building’s sustainability

S

ix older Vancouver office buildings have been retrofitted to meet LEED (Leadership in Energy and Environmental Design) certification, including five at the gold level of the international standard. All of the buildings are owned and operated by Cadillac Fairview. They are Granville Square at 200 Granville Street, Waterfront Centre at 200 Burrard Street, 701 West Georgia Street, 609 Granville Street and 777 Dunsmuir Street, all of

which are now LEED Gold; and the TD Tower at 700 West Georgia, which achieved LEED Silver. Achieving LEED in a retrofit is considered a challenge, since LEED was primarily designed for new commercial construction. In order to achieve LEED Gold certification the retrofits had to meet strict, measurable benchmarks and earn credits in six categories: sustainable sites; water efficiency; energy and atmosphere; materials and resources; indoor environmental quality; and innovation in operations. “Green thinking has become integral to our decision-making process,” says Tom Knoepfel, senior vice-president and portfolio manager, Cadillac Fairview Western Canada.

VIEW WITH

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CONVERTED TO LEED GOLD LEED

701 West Georgia Innovation in energy saving and sustainabilty. Tower is BOMA BESt-certified, as are all buildings shown here.

GOLD LEED

609 Granville Canaccord Genuity Place Retofits met strict LEED and BOMA BESt energy and waste reduction standards.

GOLD LEED

GOLD LEED

777 Dunsmuir Green thinking and monitoring carried through in whole building retrofit and operations.

GOLD LEED

200 Burrard Waterfront Centre A zero-waste program diverts 98 per cent of waste from landfills. 200 Granville Granville Square Energy audits confirm building continues to perform to LEED standards.

SILVER LEED

US AB SE

WE STC OAS T

EXP R

ESS

N CA

A AD

LI

NE M EX PO

IL LE

NN

LI NE

IU

M

LI

NE

700 West Georgia TD TOWER Daily operations monitored to achieve waste reductions, water and energy savings.

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ROOFING

Remote leak detection and drones protect office roofs and give roofing inspectors new tools to assure long-term high performance

FRANK O’BRIEN

F

inding sometimes pinhole-size leaks in large office roofs can prove a challenge, especially with modern roofs acting as green space, staff rooms or adorned with heavy planters and pavers.

But now two companies are offering automated leak detection systems that allow leaks to be discovered – and damage averted – quickly and even remotely. These are Victoria-based Detec Systems and SMT Research of Vancouver. “I first presented the concept for electronic leak detection in roofing membranes to Jim Watson [then the Roofing Contractors Association of BC technical manager] in 2003,” says engineer David Vokey, founder and president of Detec Systems. “It was

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REVOLUTION

SMT Research’s DigiScan 360 hand-held unit in action on a commercial roof. It can find a membrane breach with pinpoint accuracy | SMT RESEARCH

Many modern office roofs – such as the Reliance Properties tower at 564 Beatty Street – can combine green roofs, planters and pavers, any of which that would have to be moved to repair a roof leak. An automatic detection system can tell exactly where a leak is located | RELIANCE PROPERTIES

A Detec Systems electronic leak detection grid is laid down over a roofing membrane at the Surrey Civic Centre project. The system picks up electric charges caused by a water leak and can be monitored on site or from remote computers | DETEC SYSTEMS

DAVID VOKEY |

FOUNDER AND PRESIDENT, DETEC SYSTEMS

It is about risk mitigation. The whole concept is to detect a problem before it becomes a leak

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26 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

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Jim who lit up and said, ‘that would solve a lot of problems for us.’ It was Detec who proposed the whole [electronic leak detection] concept to begin with.” The concept relies on the fact that water conducts electricity. By having an electrical grid above and below a roofing membrane, any water leakage creates an electrical connection and sends an electronic signal of the leak’s location. The signals can be detected on site or through remote monitoring from any computer. The systems largely replace the need to flood a roof with water to check for leaks after a membrane has been installed. “We now have installations of our system right across North America,” Vokey says. Some of the landmark buildings now protected with Detec include the Film Archive and Preservation Center in California and the deck beneath Vancouver’s Olympic Cauldron in Vancouver. “It is about risk mitigation,” Vokey says, “The whole concept is to detect a problem before it becomes a leak. Catch it before the client down below even knows about it.” As Vokey explains, more complicated and demanding roof designs today make leak detection even more vital. Green roofs planted with vegetation and office roofs outfitted as staff areas, for instance, place greater demand on quickly finding and servicing leaks, he says. One project Detec worked on, for example, had huge granite pavers on the roof. “It is important to know where the leak is coming from before you start lifting those big pavers,” Vokey says. The same is true of green roofs: pinpointing a leak point can save a lot of digging, he explains. While electronic leak detection is primarily used in new construction, Jason Teetaert, vice-president of business development with SMT Research, says SMT is working on a system that could be retrofitted to monitor leaks on existing roofs. Teetaert says it involves assessing the roof from below through the installation to install leak detection monitors. SMT recently installed wireless moisture sensors on part of the historic Parliament Buildings in Ottawa. For roof leak detection, SMT systems include its DigiScan 360° service. This includes a comprehensive roof and waterproofing scan using a DigiScan hand-held unit. It can detect even the smallest membrane breach in inverted roofs and waterproofing membranes, Teetaert says. Both the SMT and Detec leak detection systems are accepted under the RoofStar warranty program of the Roofing Contractors Association of BC. É

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Rise of the drones Pilot turns unmanned aerial vehicle system into all-seeing roof inspector

W

hen the British C olumbia government wanted to inspect the roof of the most important building in the province, it called on an innovative Vancouver pilot who launched a drone above the British Columbia legislature. The contract to Victoria Aerial Photos and Survey revealed the startling versatility of unmanned aerial vehicle systems – drones – as a roof inspection tool for commercial property managers and roof inspection companies. While the drones will never replace professional roof inspectors, it hands them a

new tool that could potentially make their job easier, faster and safer. “It was an important job for us, and our first roofing contract,” says licensed pilot David Carlos, who founded Victoria Aerial Photos and Survey two years ago. He explains that the government’s property manager wa nted to check on the gold-leafed statue of Capt. George Vancouver, the iconic copper dome and the general roof condition atop the main legislative building. Like many property managers, they also likely wanted to avoid the onerous safety regulations, access permission and

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potential roof damage that could result from sending a team of inspectors onto the sloped roof of the 116-year old structure. Instead, Carlos carefully guided a powerful multi-rotor drone equipped with video and a high-definition camera to take detailed photos of every part of the roof. The cameras showed, for example, that what wa s thought to be bird droppings on the seven-foot-high Capt. Vancouver statue was actually base metal showing through the aging gold leaf. The property managers now also have clear and close-up photos of the entire roof and

the dome, which has some structural issues. Carlos, one of the few commercial multi-rotor drone operators in the province, says most of his business comes from the real estate industry, but he believes the unmanned flying cameras are uniquely suited for roof inspections. “They can fly high or low, they can hover and they provide high-resolution photos or videos,” he explains. Any pilot who flies a multirotor for commercial use requires a Special Flight Operators Certificate under Canadian air regulations of Transport Canada, and the

applicant must prove he or she has the experience and the expertise to handle the powerful drones. Using drones for roof inspections offers a number of advantages compared to using Google Earth, airplanes or on-the-roof inspectors, Carlos believes. First of all, the drones are inexpensive – he estimates a commercial roof inspection by drone would cost around $300 – allow better visuals than satellite or airplane images and avoid the safety and access concerns of putting people onto the roof. “[Drones] are cheaper, safer and can get way closer,” Carlos says.

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28 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

CREATIVE

SPACE Tech giants expected to sharpen ideas on how modern Vancouver offices should look and work

MICHAEL VANDEN BOSCH

T

he addition of tech giants Microsoft, Sony Pictures Imageworks and Amazon to the Vancouver business landscape in 2015 signals an increasing metamorphosis of the contemporary office environment, giving architectural firms fresh ideas upon which to design the office of the future.

BRIAN WAKELIN |

PRINCIPAL ARCHITECT, PUBLIC

The notion of an enclosed office is a dinosaur

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Rendering of Amazon’s new headquarters planned for Seattle, Washington. The tech giant is expected to help create a different vibe in Vancouver’s office design community | AMAZON.COM

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Creative space

Susan Mavor, Terea Miller, John Wall and Brian Wakelin of Public, a Vancouver architectural design firm tasked with designing cuttingedge office and workspace at the University of British Columbia’s new Quantum Matter Institute | RICHARD LAM

Over the next year, Microsoft is slated to occupy the top two floors of the new Nordstrom building, while Amazon has leased space on four floors of the ultra-modern LEEDcertified Telus Garden building. Sony Picture Imageworks will be moving into a 74,000-square-foot studio inside the Pacific Centre. Their combined presence is bound to highlight a paradigm shift away from the traditional office marked by bulky partitions, isolated corner offices and unfashionable cubicles to a more collaborative-based workspace, according to industry experts. Headlining this transformative innovation is Vancouver-based Public, an award-winning, emerging Architectural Institute of British Columbia firm currently tasked with designing the forthcoming Quantum Matter Institute (QMI) at the University of British Columbia (UBC). John Wall, a principal architect at Public, acknowledges a growing trend of making offices less about desks, walls and barriers and more about collaborative synergies. “It’s about making great space for people to collaborate in and work in,� says Wall, whose extensive client base includes projects commissioned by the City of Vancouver, Simon Fraser University and UBC. “You have to break down the silos and get people to start talking to one another. It’s about making groups come together in specific locations to sponsor groupthink and collaboration to forge a collective identity.� As an example of form following function, Public is designing the institute to optimize the work of research

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scientists in a workshop-like setting. Critical features like low-vibration flooring and climate and light control will be critical to QMI’s success. “Most scientists are making their own tools, fabricating things, running conduit and piping, and setting up experiments,” Wall says. “At the QMI, they won’t be sitting there in white coats; they’re getting elbows dirty and doing interesting work. The real richness of this project is the space around these workshops for researchers.” With fewer desks and barriers to clutter offices, companies in multi-level buildings require less space to accommodate an emerging generation of savvy workers, says Brian Wakelin, a principal architect at Public. “The notion of an enclosed office is a dinosaur,” he says. “So many things are competing to kill it because of the way it stifles productivity and connectivity. The common driver is continuity and proximity. The big first thing is, how do we cut through all these floors so that you have a consistent and generally focused mission and purpose?” Companies with distinguished workspaces that embody a physical expression of pride and achievement can attract and retain young employees, giving them a competitive advantage. “One of the challenges today is this idea of how you build loyalty,” Wall says. “For example, universities are interested in building loyalty because they want alumni. Employers have the same attitude. They look at talented young employees, their investment in training them, and think about how to keep them.” Senior project manager Max Correia of Jones Lang LaSalle Real Estate Services says many of his company’s tech clients are considering open-plan benching combined with quiet breakout spaces, and amenity spaces designed to encourage both work and social interactions. Subtle details like acoustical enhancements, lighting controlled by localized occupancy sensors, and window coverings monitored by sun-tracking systems signify continued advances in workspace technology. “Acoustics within the workplace is now a very important consideration,” Correia says. “The client and design communities respect that worker efficiency is definitely affected by the noise distractions around them – be it adjacent phone conversations, equipment noise, or even the sound-masking system above you being set too high to compensate. Our clients are quite advanced and they recognize how space affects their organization culture.” Integration of Wi-Fi and hot desking for mobile workers is increasing in popularity, Correia says. Traditional static signs are being supplanted by digital displays used for interactive signage. The cumulative effect, he says,

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32 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

Creative space

Stantec Architecture principal Kent Goodwin cautions that contemporary trends and glitzy technology can actually get in the way of good design in office space | CHUNG CHOW

is a more vibrant and attractive workplace. “There will be a different vibe with Sony, Microsoft and Amazon going into downtown Vancouver,” says Lillian Tummonds, senior property manager with Cadillac Fairview. “Certainly with the technology push and how space will be used, I see more of an open concept and collaborative workspaces, which has been a trend the last few years. I think it’s put an exclamation mark on the non-traditional business model.” But designers with Vancouver’s Stantec Architecture Ltd. inject a pragmatic note into the often flashy world of interior design. The Stantec team recently completed the new offices for Stantec Engineering in Burnaby and has crafted the new tri-level law offices of Bull Housser in the Telus Garden tower. This spring, a design teams senior associate even helped put the finishing touches on Canada House and the renovated Offices for the High Commission in London, England. Stantec Architecture principal Kent Goodwin cautions that contemporary trends and glitzy technology – touchstones of the interior design industry – can actually get in the way of good design in commercial real estate. An example is LED lighting, which has transformed offices by allowing much more light at lower cost. But the lightemitting diodes change how colours are seen, he says, which can be offsetting for office space. Goodwin said the question to ask is, if all the technology goes down – or becomes outdated – “What are you left with?” É

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Dark and light define new Sony studio space PETER MITHAM

S

ony Pictures Imageworks Inc. has a long history of animating films and developing special effects, but never before has it had a chance to do the same with its office space. Not, that is, until now. Working with the creative minds of design and engineering firm Dialog, Sony crafted a unique space for itself at 725 Granville Street that blends art and technology in a 73,000-square-foot studio housing 700 staff formerly scattered across four separate spaces. “It’s great to have the team all in one space, and an efficiently designed space,” says Randy Lake, executive vice-president and general manager for Sony Pictures Imageworks. An internal atrium floods the reception area with natural light, and visitors walk down an entrance hall past a timeline of life-size images that showcase the company’s history and achievements. The passage leads to conference rooms in the heart of a space split into six production pods spread across what’s humorously billed as “the light side” and “the dark side” – the former looking west to the Vancouver Art Gallery and the latter overlooking Granville Street. “A number of our artists need to work in dark environments to ensure the colour accuracy on the monitors is as pristine as possible,”

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Lake says. “The light side is more for our animators and some of the other disciplines which aren’t quite as light-sensitive, as well as our overhead teams.” The light side features whimsical mushrooms and smoking caterpillars from Alice in Wonderland, while the dark side features imagery from Times Square and Hotel Transylvania. “It’s darker, it’s grittier, it’s very oriented to the city because it’s a New York scene,” says Lara Pisicoli, an interior design associate with Dialog. “It relates to the Granville Street side, whereas the organic nature of the mushrooms relates to the art gallery and to Robson Square.” The core of the facility lies in its viewing rooms, which are networked so the latest iterations of projects can be screened in theatre-quality environments on top-line 4K projectors. While the office features an open-plan layout, a portion also can be sectioned off to allow staff – or the staff of Sony clients – to collaborate on top-secret projects, free from prying eyes. Yet binding the space together, and ensuring common purpose, are props and mementoes of the studio’s past successes, providing tangible inspiration for future successes. “They give the artists and the people who come to the studio, a little bit of the history and culture, and it helps to build that culture even further,” Pisicoli says. “We really wanted to create a space that had a sense of place for their people.” É

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DEVELOPMENT COST SURVEY

T

$171,124

$277,372

$228,406

MAPLE RIDGE -18%

$367,892

$354,897

TOWNSHIP OF LANGLEY +4%

$369,636

WHITE ROCK -18%

$140,643

CITY OF LANGLEY +35%

PITT MEADOWS +28%

$204,571

$262,744

$312,212

$500,037

$509,990

$467,111

SURREY +9%

$381,003

fair as possible by including only those costs common to all municipalities. To ensure transparency, the survey relies on the municipalities to provide and verify their own information. Owing to the annual contribution from municipalities, the survey has become a widely recognized and anticipated feature in numerous industry publications and among both the development industry and the municipalities that participate. With the wide distribution of information, municipalities have responded to this release of information by adjusting their development fees and approval times, ensuring they remain competitive within the region. For 2014, the survey focused on the office building scenario of a two-storey,

PORT COQUITLAM +9%

$174,079

$155,374

PORT MOODY -11%

$224,978

$221,609

NEW WESTMINSTER +2%

$156,854

$148,228

BURNABY +6%

$277,078

DELTA +4%

$267,000

COQUITLAM +1%

$377,929

$335,345

DISTRICT OF NORTH VANCOUVER +35%

CITY OF NORTH VANCOUVER +15%

$372,986

$428,111

$453,910

$678,712

$672,275

$376,819

WEST VANCOUVER +1%

$371,375

RICHMOND +1%

VANCOUVER +9%

$732,401

he cost of business survey by NAIOP Vancouver (Commercial Real Estate Development Association, Metro Vancouver chapter) has provided annual insight on the local development market for the past 14 years. Through dialogue with 20 municipalities across Metro Vancouver, the survey has obtained detailed information on understanding the key aspects of development approval, alternating between an office and industrial building scenario. Key aspects include the length of time required to process a development application to obtain approval and the municipal fees required as part of the approval. NAIOP Vancouver has attempted to make sure the survey is as objective and

$285,263

$801,860

Christopher Correia | Twenty Metro Vancouver municipalities charge different fees for developing an office building

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a timely manner is possible, depending on your approach. As much as development is based on following existing plans and policies, there are unwritten nuances that can make or break the application approval process. Consider your long-term approach within a municipality before engaging in discussions with it concerning a single application. Obtaining approval for one application and, in the process of doing so, tarnishing your relationship with the municipality may not be financially viable when future applications are desired. Consideration should also be given to the relationship of any consultants that you use in the process. Planning departments are the initial gatekeepers for approvals. Constructing positive relationships with them is essential for continued success. É Christopher Correia is a planning analyst with Pacific Land Group, a multidisciplinary land use and development planning firm, and a PhD student at Simon Fraser University’s Centre for Sustainable Community Development. He is responsible for producing NAIOP Vancouver’s cost of business survey, which can be accessed at www.naiopvcr. com/resources.

What it costs to build an office building 2014

PARAMETERS: Total municipal costs to develop a two-storey, 50,000-square-foot office building on 2.5 acres of land, requiring both subdivision and rezoning, fall 2014. 2012

CHILLIWACK +5%

$248,707

Improved, Most Fiscally Responsible and Most Business-Friendly. Each award recognizes the municipality with the best results in the respective capacity. Typically, one municipality is selected for each award; however, 2014 proved to be a year with additional award winners due to their exact or very similar results. The City of White Rock and the District of Maple Ridge were both selected for the Most Improved award, as each municipality managed an 18 per cent reduction in its costs from 2012 to 2014. The District of West Vancouver was awarded the Most Fiscally Responsible award for maintaining an average annual inflation rate of 0.91 per cent over the last 14 years. Finally, the Most Business-Friendly award was jointly provided to the City of North Vancouver, District of North Vancouver and City of Richmond for their green building incentives. Understanding the disparities among municipalities and their development approvals is important in a region where land use priorities are dictated by historical land use decisions, the natural environment, and preferences of residents. These unique challenges affect municipalities’ ability to reach a similar level of application processing times and municipal fees required as part of approval. Navigating through the approval process in

$261,982

$547,083

$536,693

ABBOTSFORD -2%

MISSION +28%

$377,215

$481,673

50,000-square-foot building on 2.5 acres of land. By utilizing a consistent building scenario, a scenario based on the needs of the local office market, the survey is able to analyze how municipal fees have changed over a long-term basis as it has reviewed this scenario since 2000. Some of the key findings from the 2014 edition are: ■Four municipalities successfully lowered their fees required as part of approval. ■ Four municipalities that did increase their fees maintained their increase below the rate of inflation. ■ Four municipalities increased their fees at or above 28 per cent. ■ Seven municipalities reduced their application processing time. ■ Five municipalities increased their application processing time. A fter reviewing the findings, t h ree awa rds were prov ided within the survey, including Most

SOURCE: NAIOP METRO VANCOUVER CHAPTER: REGIONAL COST DEVELOPMENT SURVEY, FALL 2014

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VANCOUVER THE NEW OFFICE TOWERS US AB SE

WE STC OAS T

NE

NA CA

GOLD LEED

MNP Tower 1021 West Hastings St. OWNER: Oxford Properties 36 floors, 263,000 square feet, 8,000 square feet per floor Connected to historic Marine and Guinness Buildings Completed ARCHITECTS: Kohn Pedersen Fox with Musson Cattell Mackey Partnerships

GOLD LEED

745 Thurlow Corner of Thurlow and Alberni OWNER: BC Investment Management Corp. 23 storeys, 400,000 square feet Three floors of retail and restaurants 20 office floors COMPLETION: Fall 2015 ARCHITECTS: Musson Cattell Mackey

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DA

LI

GOLD LEED

Pacific Centre 725 Granville St. OWNER: Cadillac Fairview Eight storeys TOTAL: 565,000 square feet, 290,000 square feet of offices Office tenants include Microsoft and Sony Pictures Imageworks RETAIL ANCHOR: Nordstrom’s Canada Offices completed: 2016 ARCHITECT: James K.M Cheng Architects

EXP R

ESS

M IL LE EX NN PO IU LI M NE LI N

E

PLATINUM LEED

Telus Garden Corner of Richards and Robson OWNER: Telus 24 storeys, 500,000 square feet of offices Adjacent 53-storey residential tower 3 floors of retail with a public plaza 10,000-square-foot green roof COMPLETION: Spring 2016 ARCHITECT: Henriquez Partners Architects

PLATINUM LEED

The Exchange Tower 475 Howe St. OWNER: Credit Suisse 31 storeys, 396,000 square feet Includes refurbishing of old Stock Exchange building ARCHITECTS: Iredale Group Architecture; Harry Gruger Studio

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DOWNTOWN

REDESIGN Dynamic new office towers transforming Vancouver – and not only downtown

PAT JOHNSON

V

ancouver is in the midst of the biggest boom in office construction in a decade and one of the most dramatic transformations the city has ever seen. Major office towers, including a few mixed-use developments with significant office components, are emerging across downtown and beyond, even threatening to redefine the idea of where Vancouver’s “downtown” is. Telus Garden, a million-square-foot development – half residential, half offices – is reimagining the block of Georgia Street between Richards and Seymour. Underutilized retail spaces and parking lots are giving way to a project that is accelerating the shift of downtown eastward, says Rhiannon Mabberley, project manager for Westbank Projects, the developer that coowns the project with Telus. The central library helped open up the area, then residential development in Yaletown and southeast False Creek brought 24-7 life to the once-industrial area. Rogers Arena joined BC Place. The Vancouver Art Gallery is moving in. Now, Mabberley says, Telus Garden is going to be a landmark with a major public presence – and not just because of its size. “It’s got large cantilevers over the street, it’s got almost a 20,000-square-foot public plaza in the front of it and it’s quite a force on the street,” she says. “In a few years, it’s interesting MNP Tower: Triple-pane to think about where downtown curtainwall will be coated will be in your mind.” with baked-on ceramic dots that diffuse light, helping to The development is also promislower the load on the building’s ing to be Canada’s first LEED Platmechanical systems | OXFORD inum building. By capturing waste PROPERTIES GROUP

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VANCOUVER | THE NEW OFFICE TOWERS

The rooftop of the new 745 Thurlow office tower will include a fully accessible rooftop patio and lounge area | BOMA BC

energy and recirculating it to heat the building, Telus Garden will use 80 per cent less power from the grid than a typical building, according to Mabberley. Andrew Grant, president of PCI Developments, doesn’t pretend to be stretching the bounds of downtown, but Marine Gateway, his mixed-use development at Marine and Cambie, aims to enliven what was once a backwater in south Vancouver. A big factor? Transit. Marine Gateway not only will bring thousands of workers to its 240,000 square feet of office space, but will be home to hundreds more in its residential division and attract crowds to its transit-adjacent High Street, site of an 11-screen Cineplex theatre complex (available to corporate clients during the day), Loblaws, a pub and liquor store, restaurants, coffee shops, three banks and a Steve Nash Fitness World, adding reasons to get off at Marine Drive station. Back downtown, in a city that sometimes seems to

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relish demolition, two other major new projects are integrating historic structures into their plans. The Exchange, being developed by Credit Suisse, is a 31-storey tower incorporating the original 1920s Vancouver Stock Exchange building on Howe Street. With occupancy beginning in 2017, the Exchange just misses out to Telus Garden for the country’s first LEED Platinum designation. Around the corner on West Hastings, the new MNP Tower is emerging into the airspace above the historic University and Quadra clubs, next to the Guinness Tower and framing the iconic Marine Building. Architects promise they have maintained the integrity of the historic clubs and the building will enhance rather than dwarf the Marine Building. A little farther west and also opening this year at 745 Thurlow is 400,000 square feet of space, mostly offices, with three floors of retail and restaurants. Not new, but newly reconfigured, is the Nordstrom section of Pacific Centre, which will be headquarters for Sony Pictures Imageworks. Altogether, these developments represent the biggest growth spurt in a decade, according to Rob Kavanagh, president of the Building Owners and Managers Association of British Columbia (BOMA BC). And the boom is a response to pent-up demand. “Vancouver’s vacancy rate was just gradually diminishing to a point where it was around four per cent vacancy downtown, which was giving tenants very few options in which to move,” Kavanagh says. “It’s a welcome phase in the marketplace after a full decade really of no material new development.” The new buildings offer different floor-plate sizes, expanding options for tenants.

continued on page 40 Ä

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VANCOUVER | THE NEW OFFICE TOWERS

“Vancouver traditionally is a small tenant market,” he says. “So buildings like MNP Tower cater to the smaller tenants, one tenant per floor. It’s a nice niche. But the flip side of that is there’s not a lot of large floor-plate spaces for tenants that do need a large space on one floor and Cadillac Fairview at Pacific Centre has kind of gone into that market and has been successful. The other ones are kind of in between.” In addition to leading-edge environmental standards, the new buildings offer tenants space efficiencies and comforts, raising the bar for the entire office real estate sector. “The existing buildings have to reinvest in their buildings to remain competitive, so that’s a very good thing. At the end of the day, it breeds competition and it forces people to improve what they have.” É

Cadillac Fairview is building 290,000 square feet of office space above the future Nordstrom department store at 725 Granville Street. James Cheng is the architect

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Telus Garden is set to become a new landmark for design and sustainable mixed-use space in downtown Vancouver | TELUS

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T 604 688 7900 E leasing@uptownpropertygroup.com www.675westhastings.com

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42 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

CORE EXTENSION

BEYOND DOWNTOWN | THE NEW OFFICE TOWERS More than the core: transit connections extend concept of an office downtown

PETER MITHAM

Ronan Pigott, office leasing specialist with Jones Lang LaSalle, at 7 East 6th Avenue in Mount Pleasant – the first new office building completed and fully leased since city zoning was relaxed to encourage a wider range of office users in the area | CHUNG CHOW

A

decade ago, planners in Vancouver put a halt to the conversion of office sites in the downtown core to condos. A study of future office space demand followed that saw the city redefine the metropolitan core as the area running from 16th Avenue north to the harbour, between Burrard Street and Clark Drive. Traditionally the region’s second-biggest sub-market after downtown Vancouver, the Broadway corridor now encompasses the city as a whole thanks to improved transit connections that place the southern and eastern fringes of the city within 15 minutes of the BroadwayCambie transit hub. Avison Young reports that 3.1 million square feet of office space is under construction or planned for the metropolitan core outside the downtown peninsula, and the transit corridors radiating outward from it. These include both centrally located projects such as the second phase of Rize Alliance Properties Ltd.’s Containers project on Terminal Avenue, as well as PCI Group’s Marine Gateway complex at the south foot of Cambie Street and 1.1 million square feet planned in projects by Bentall Kennedy LP and Blackwood Partners at Broadway and Renfrew. “The Broadway corridor has morphed into a more diverse office user market over the past few years,” says Ronan Pigott, an office leasing specialist with Jones Lang LaSalle. “We are seeing increased demand from an eclectic group of tenants that are seeking less corporate/conventional-type office product. The Mount Pleasant area has benefited from this shift, and we have seen a number of property developers attempting to meet the demand.” Two examples of this would be

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| 43

LEED SILVER

LEED PLATINUM

Renfrew Centre 2665 Renfrew Seven storeys, 170,000 square feet Owner: Blackwood Partners Completion: Late 2015 ARCHITECT: Musson Cattell Mackey Partnerships

Discovery Parks 887 Great Northern Way OWNER: Great Northern Way Campus Ltd. CURRENT BUILDING: 26,000 square feet CURRENT TENANT: BCTIA innovation Hub. Plans call for 393,500 square feet, with Emily Carr University and Mountain Equipment Co-op as anchor tenants. Completion of 285,00o-square-foot Emily Carr campus: July 2016 ARCHITECT: Diamond Schmitt Architects

Broadway Tech Centre 2920 Virtual Way OWNER: Bentall Kennedy LP TOTAL: Eight buildings ]936,000 square feet planned; 147,000 square feet complete BOMA BESt certification Phase 1 and 2 complete Phase 3 ongoing ARCHITECT: B+H Architects

SE

AB US

Neelu Bachra Centre 550 West Broadway OWNER: Orca West Developments Six storeys, 511,000 square feet. Offices sold as strata Broadway/City Hall transit station ARCHITECT: Studio One Architecture

LEED GOLD

BROADWAY

E

UM LIN

NI MILLEN

HIGHWAY 1

CLARK DRIVE

MAIN STREET

CANADA LINE

GRANVILLE STREET

RENFREW STREET

PRESS OAST EX WESTC

CAMBIE STREET

MI LL EN EX NI UM PO LIN LIN E E

LEED GOLD

7 East 6th Avenue OWNER: Rendition Developments Three storeys, 11,000 square feet of offices, 5,900 square feet of industrial ARCHITECT: MGBA Architects

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Marine Gateway SW Marine Drive & Cambie Street OWNER: PCI Group TOTAL: 480,000 square feet 240,186 square feet of office Access to Canada Line station COMPLETION: Fall 2015 ARCHITECT: Perkins+Will

LEED SILVER

Containers on Terminal 486 Terminal Avenue OWNER: Rize Alliance Properties Inc. Seven storeys, 130,000 square feet of offices, 10,000 square feet of retail ARCHITECT: B+H Architects

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44 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

BEYOND DOWNTOWN | THE NEW OFFICE TOWERS

PCI Group’s Marine Gateway mixed-use office, retail and residential complex at the south foot of Cambie Street is one of Vancouver’s largest office projects outside of the downtown core | PCI GROUP

Cressy’s proposed Fifth building and Rendition’s newly completed 7 East 6th Avenue, he says. “You look at the likes of Marine Gateway; obviously it’s on transit, so it makes a lot of sense to compare it to other locations like Containers, which is close to transit as well but not in the downtown core,” Pigott adds. Both projects have attracted major names; Westport

Vacancy and absorption: 2010-2015 $410,500

5.2% $200,000

5.1%

4.6%

$230,000

6.7%

4.6%

3.3% $142,000 $34,700 2010

2011

2012

Vacancy rate

-$16,000 2013

2014 2015 forecast

Aborption rate (sq ft)

12-MONTH PROJECTION BASED ON 10-YEAR AVERAGE ABSORPTION AND KNOWN NET ABSORPTION IN NEW INVENTORY SOURCE: AVISON YOUNG, VANCOUVER

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Innovations Inc. is the lead office tenant at Marine Gateway, while the Canada Revenue Agency (CRA) has inked a deal for 143,000 square feet in Containers. And they’re not alone; Discovery Parks is proposing 393,500 square feet in two buildings on Great Northern Way, an area where Mountain Equipment Co-op (MEC) recently occupied new headquarters and Emily Carr University is developing a new campus. Meanwhile, London, England-based production studio Double Negative leased MEC’s former headquarters on West 4th Avenue and is one of several digital media and tech companies now calling Mount Pleasant home after the City of Vancouver relaxed zoning in the area to encourage office use. “That Mount Pleasant area is really, really active right now,” Pigott says. “There’s a lot of software development, you’ve a lot of post-production companies that are looking in that area.” While the majority of tenancies on Broadway – traditionally a hub for medical and life science companies – are 4,000 square feet or less, the blocks to the north and east offer larger blocks of space at affordable rates. Throw in a few craft breweries and coffee shops, not to mention proximity to the seawall around False Creek, and the place is heaven for tech workers. There’s also an economic advantage, with industrial

continued on page 46 Ä

2015-04-27 3:36 PM


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46 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

BEYOND DOWNTOWN | THE NEW OFFICE TOWERS

zoning ensuring lease rates are a cut below that for downtown office space. “Coming down Main Street to wrap into Mount Pleasant is where we’re seeing the freshest, or newest office opportunities,” says Chris Newton, a broker with Cushman & Wakefield Ltd. active in the area. “The reason they’re looking there is we can offer scale, which Broadway can’t, and we have a value proposition.” MEC took 112,000 square feet on Great Northern Way, more than double the size of its previous headquarters, a scale that wasn’t possible on Broadway, even in new class-A premises like the Neelu Bachra Centre. “Broadway didn’t have a sniff at that,” Newton says. “There was nothing on Broadway that could fit that and Broadway didn’t even get invited to the party.” Similarly, the Canada Border Services Agency and CRA have taken space on the False Creek Flats to accommodate their own space requirements, and the BC Nurses’ Union, Canadian Union of Public Employees and Armstrong Hospitality Group are also seeking new digs in the area. The activity has been great enough over the past two years, according to Cushman & Wakefield, that direct vacancies in the heart of the Broadway corridor ended

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Rize Alliance Properties Ltd. has started the second phase of its Containers project on Terminal Avenue in East Vancouver | RIZE ALLIANCE

2014 at 3.9 per cent; vacancies in Vancouver, outside downtown, are only slightly higher. Tobi Reyes, CEO of Port Capital Development Inc., which has proposed a 37,800-square-foot development at 328 West 2nd Avenue, expects interest in the area to continue. “The mixture of transit and residential density moving in has compounded the desirability of this neighbourhood which is so close to downtown,” Reyes says. He’s active in both the residential and office sectors, and says the mix is right for a generation that isn’t willing to put up with a long commute. “It’s allowing people who live in the neighbourhood to work closer to home,” he says. “It’s really improving the local amenities and the livebility of the entire neighbourhood.” The development of rapid transit along Broadway, regardless of the timeline, will only add to local amenities. In the meantime, demand for space in the area is strong even without it. “It will give a boost, for sure,” Reyes says. “But regardless of it happening, or not, there’s an existing space requirement that’s going to be needed.” É

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HEADING TO THE

SUBURBAN | THE NEW OFFICE TOWERS Suburbs becoming intelligent choice for company headquarters

SCOTT SIMPSON

A

v i s o n Yo u n g’s 2 01 4 year-end market report on Metro Va ncouver office space notes that positive absor pt ion of of f ice space in “mainly stable” suburban markets offset rising vacancy in downtown Vancouver.

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SUBURBS

Coast Capital Savings merges its corporate offices in a new flagship building at Surrey’s King George SkyTrain station area in September 2015 | COAST CAPITAL SAVINGS

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SUBURBAN | THE NEW OFFICE TOWERS

Hemmera president and founder Paul Hemsley on the company’s headquarter relocation from Vancouver to Burnaby: “our new office location is more accessible to the majority of our staff” | RICHARD LAM

Suburban office market update Municipality Burnaby Richmond Surrey New Westminster North Shore

DONNA JONES |

Vacancy rate 4.6% 15.2% 22.1% 16.8% 7.8%

Net absorption 2014 (square feet) 34,930 7,545 14,475 - 1,478 -86,621 SOURCE: AVISON YOUNG

Resource-based businesses in downtown have been hit hard by falling commodity prices (such as the price of energy and metals) in recent years, contributing to a decline in demand. Businesses that don’t need a downtown address, meanwhile, are finding that they can lower their costs, serve their clients and remain attractive to employees. “A number of factors tend to drive these decisions in the suburbs,” Avison Young principal Bill Elliott says. “One of the most important factors is human resources – where staff live, where are clients located, and to a lesser degree where is the competition located. If you move from downtown and all that’s where your competitors are located then you are at risk of losing your staff.” In some circumstances, outlying municipalities are upping their game in order to foster new economic activity that, in turn, attracts specific office tenants. For example the City of Surrey’s Innovation Boulevard, launched in 2013, has the potential to be one of the most robust venues in North America for new ventures in health-care technology. Already, 45 companies including three multinationals have signed on as partners in a hub anchored by Fraser Health, Simon Fraser University and the city. Conquer Mobile, a mobile technology company formerly based at Discovery Parks in Vancouver, was one of the first to dive into the new venture and recently relocated to Surrey. “We have the ability to plug an entrepreneur with a health technology idea into this potent network and help them get their products to market faster,” says Donna Jones, manager of economic development for the City of Surrey. Hemmera, a boutique environmental consultancy, recently shifted its corporate headquarters from Vancouver to Burnaby’s Metrotown hub. “Our old space was worn, outdated, and we were somewhat isolated on the edge of the downtown core,” Hemmera president and founder Paul Hemsley explains. “We felt that a new space would help us attract and retain great staff, would better accommodate a collaborative work environment and provide easy access for people living anywhere in Metro Vancouver using any transportation mode. “The Lower Mainland is growing rapidly in the south and east where homes are more affordable. We see our current and future staff living in these areas. Our new office location is more accessible to the majority of our staff.” Metrotown was also an attractive alternative to Vancouver for Commonwealth of Learning, an international organization focused on distance education and open

MANAGER, ECONOMIC DEVELOPMEN, CITY OF SURREY

We have the ability to plug an entrepreneur with a health technology idea into this potent network and help them get their products to market faster

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www.rooftechconsultants.ca WESTERN CANADA CHAPTER

ROOFING INSPECTORS & CONSULTANTS ASSOCIATION OF B.C.

The cost to replace or install a roof is one of the most expensive factors in facility management. With proper direction, the roof system of a building can exceed its designed life cycle and ultimately reduce costs. While input of roofing contractors and manufacturers is helpful, it may leave one with an ‘apples or oranges’ comparison of costs versus advantages. Consulting with an impartial industry professional enables clients to make the best, most cost effective decisions. Roof Tech has consulted on millions of square footage, on all types of existing and planned properties – commercial, institutional, industrial, educational and residential.

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Donna Jones, manager of economic development for the City of Surrey: 45 companies including three multinationals have signed on as partners at Innovation Boulevard, a medical research and development hub | CITY OF SURREY

learning for developing nations. HUB International, the largest insurance broker in B.C. and across Canada, recently relocated its B.C. headquarters within Burnaby, where it has resided for half a century. “It’s a great central location. We have clients that are in any type of business so it’s very central for people to hop on Highway 1, or get anywhere in the Lower Mainland,” says Barbara MacPhail, chief operating officer. “From an employee standpoint, it’s easy to get to. From a talent recruitment perspective, a lot of people enjoy not having to go downtown.” Coast Capital Savings is merging its corporate offices in a new flagship building at Surrey’s emerging King George station area in September 2015. “We decided on building in Surrey because 70 per cent of the employees who work in our [current] office buildings live in Surrey. We are one of Surrey’s top 10 employers and we have a really strong connection with both the community and the civic government,” says Chris D’Silva, Coast Capital’s director of procurement and facilities management. “That whole King George area is being redeveloped. At our site, our building is only Phase A of four different phases and it’s going to be a mix of retail, public space and residential development. Not only that, King George station is supposed to be the hub for light rapid transit and expanded transit services out into Surrey, White Rock and Langley.” É

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Measuring for your success. For leasing survey services contact: Yvon Gosselin at ygosselin@mcelhanney.com or call 604-424-4833.

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BESt SAVINGS

Study shows BOMA BESt-certified buildings consumed far less energy FRANK O’BRIEN

T

he Building Owners and Managers Association (BOMA) of Canada’s Building Environmental Standards (BESt) program gives owners and managers of existing buildings a tool to benchmark their energy, water and waste programs. It is an ongoing process that is proven to keep even decades-old office buildings at the forefront of sustainability. And, according to the annual BOMA BESt Energy and Environment Report: The National Green Building Report, the savings can be substantial. The energy and environmental performance study of 400 BOMA BESt-certified office buildings across Canada, including in British Columbia, found a large improvement in energy and water consumption for buildings certified in 2013 compared to those certified a year earlier. BOMA BESt works on a scoring system, whereby owners and managers are invited to critically assess six key areas of environmental performance and management in their buildings: energy, water, waste diversion and site enhancement, emissions and effluents,

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Average energy use intensity–office buildings 32.8

31.6

31.9

30.8

30.8

EUI (ekWh/sq ft per year)

27.1

2008

2009

2010

2011

2012

2013

ENERGY USE INTENSITY (EUI) IS THE AMOUNT OF ANNUAL ENERGY USED PER SQUARE FOOT OF OFFICE SPACE. SOURCE: BOMA BESt ENERGY AND ENVIRONMENTAL REPORT, 2014, ON RECERTIFIED BESt OFFICE BUILDINGS

Average Water Use Intensity– Office Buildings 1.13 0.98

0.97

Water use intensity (m3/m2/yr)

1.01

0.65

2008

2009

2010

2011

2012

0.68

2013

WATER USE INTENSITY MEASURES THE AMOUNT OF ANNUAL WATER USED PER SQUARE METRE OF OFFICE SPACE. SOURCE: BOMA BESt ENERGY AND ENVIRONMENTAL REPORT, 2014, ON RECERTIFIED BESt OFFICE BUILDINGS

indoor environment, and environmental management. With four levels of certification, owners and managers can work their way up by continually lowering their environmental footprint. From performing water and energy audits to implementing recycling programs and training maintenance staff in environmental best practices, the program provides an opportunity to run ever cleaner, greener buildings. BOMA BESt participants enjoy increased cost savings each time they advance a level of certification – in fact, the program places

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BESt savings

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emphasis on continuous energy and environmental improvement through re-certification. “BOMA BESt office buildings that re-certified showed a 25 per cent increase improvement in energy use intensity compared to buildings that had only gone through the original certification process. Similarly, recertified buildings achieved a 30 per cent reduction in annual building water usage per square foot of space and an average of an eight per cent reduction in diverted waste,” according to the study. BESt EXPANDS IN B.C. Q As of March 31, 2015, 259 buildings in B.C. were BOMA BEStcertified – 29 more than last March. Seven had achieved Level 4 certification, including the Shangri-La in Vancouver, the Victoria Conference Centre and Richmond’s Airport Executive Park Building 6. Seventy-one buildings across B.C. had Level 3 certification, having demonstrated BOMA BESt practices and an assessment score of 80 to 89 per cent. BEING THE BESt Q “It is a constant ongoing process,” says K laus Plato, operations manager for GW L RealtyAdvisors Inc.’s Robson Court (see photo page 52), a 30-yearold Vancouver office tower that has reached the premier BOMA BESt certification Level 4 with assessment scores north of 90 per cent. The building has also achieved recognition as LEED Gold for its sustainability measures and it took the BOMA BC award as the most outstanding office building of the year (TOBY award) in 2013. Plato says there is no magic bullet for achieving and maintaining a BESt Level 4 in an older office tower. “It is just constantly looking for ways to improve sustainability and performance,” he says. NEXT BESt Q Following its success in the private office sector, BOMA is now expanding BESt into the health-care field as part of the national BOMA BESt Health Care module. BOMA Canada is offering managers and operators of health-care facilities a BESt module specifically designed to fit a health facility’s unique energy and environmental profiles. “The BOMA BESt program will help develop strategies and plans that will maximize investments and foster the continuous improvement of building operations,” according to a BOMA statement. “The environmental impact of the facility will be reduced, leaving money to be invested where it matters most, in patient comfort and care.” As well as the six BESt principles, BOMA BESt Health Care includes specific strategies for the health-care industry, such as best practices for medical waste disposal and sustainable food purchase practices. É

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BOMA BESt Daniel Klemky | City of Vancouver leans on BOMA certification for buildings under its Greenest City 2020 Action Plan

A

s part of the City of Vancouver’s Greenest City 2020 Action Plan, the city introduced Canada’s first energy code/bylaw for existing buildings classified as Part 3 and Part 9 non-residential, which includes office buildings. The new bylaw requirements were added to the existing upgrade mechanism process used in Part 11 for life safety, structural and accessibility factors. The 2020 energy reduction target for existing larger buildings is to reduce greenhouse gas emissions to 20 per cent below 2007 levels. As of January 1, 2015 the Vancouver Building By-law (VBBL) 10908 now requires all building permit applications for alterations to existing buildings to follow an energy upgrade trigger process. The energy upgrade trigger provides a number of compliance pathways to meet the bylaw requirements. For example, depending on the type of renovation that may be required, this energy upgrade could cover lighting, windows or HVAC (heating, ventilation and air-conditioning) equipment to a more energy-efficient product. Alternatively, if the building is BOMA BESt-certified then, again depending on the type of renovation and level of certification, you may be exempt from any additional upgrades. This exemption reflects the efforts made by building owners and managers who continually improve their buildings,

04_OFFICE SPACE 2015+DIRECTORY_96.indd 55

energy efficiency and environmental responsibility through the BOMA BESt certification program. Greg McCall, a City of Vancouver energy policy specialist, says, “Since 2004, Vancouver’s Building By-law used the Part 11 upgrade trigger mechanism for fire and life safety, structural, non-structural, seismic and accessibility. With Vancouver’s Greenest City Action Plan aimed at being the greenest city in the world by 2020, and with existing buildings being responsible for 55 per cent of Vancouver’s GHG [greenhouse gas] emissions, it was recognized that an energy upgrade program for existing buildings was necessary. Although a number of methodologies were considered, it

was determined that piggybacking an energy upgrade mechanism onto an existing system, already well known to industry, was likely the best way to introduce a requirement that is the first of its kind in North America.” Upon learning of the city’s decision to regulate energy conservation through the VBBL, BOMA BC met with city officials over the past few years to ensure that a reasonably f lexible and pragmatic approach was developed to implement this bylaw. Having the option of implementing a variety of energy efficiency projects allows the building owners and managers to determine how they can best improve their facilities. If they were already

Shangri-La, tallest building in Vancouver, has achieved BOMA BESt’s Level 4 certification | SHANGRI-LA HOTEL

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BOMA BESt

to not exceed five watts per face (per 9.4.2 of ASHREA 90.1 – 2010).

active in improving their buildings through the BOMA BESt program, those efforts are recognized and they may not be required to make any further upgrades. Here are a few simplified examples of the compliance pathways the new bylaw requires, which reference the North American standards from ASHRAE (American Society of Heating, Refrigerating and AirConditioning Engineers). MINOR RENOVATION Q A minor renovation would place an applicant in the energy efficiency compliance path E2. The E2 compliance path has two options, the first being that the applicant’s building is BOMA BESt-certified at any level (1 to4). The second requires the applicant to select and complete two options from the alternative acceptable solutions table, such as: reduce air leakage of all vestibules (per 5.4.3.4 of ASHRAE 90.1 – 2010) and upgrade all internal exit signs

MAJOR RENOVATION Q A major renovation would place an applicant in the energy efficiency compliance path E4. The E4 compliance path a lso has two options, the fi rst being that the applicants building i s BOM A BE St-cer t i f ied f rom Level 2 to 4, if the certification is level 1 then an ASHR AE Level 2 audit must also be provided. The second requires the applicant to select and complete five options from the alternative acceptable solutions table, such as: reduce air leakage of all fenestration and doors (per 5.4.3.2 of A SH R A E 90.1 – 2010); incorporate exhaust air recovery systems (per 6.5.6.1 of ASHRAE 90.1 – 2010); provide day lighting by skylight (per 5.5.4.2.3 of ASHRAE 90.1 – 2010); upgrade total exterior lighting power (per 9.4.3 of ASHRAE 90.1 – 2010); and meet the interior lighting power allowance by the building area method (per 9.5 of ASHRAE 90.1 – 2010). In order to prove a facility is BOMA BESt-certified, the developer needs to produce the following: ■BOMA BESt certificate. ■BOMA BESt letter of certification. ■Previous BOMA BESt certifications. These documents are distributed to the building owner or manager of the facility upon certification and can be requested from them directly. BOMA is pleased that the bylaw has incorporated the BOMA BESt environmental certification program as one option for achieving VBBL compliance. “This is a huge

win for BOMA BESt as it recognizes the proven results of our certification program to reduce energy consumption and improve overall environmental responsibility,” says Paul LaBranche, executive vicepresident of BOMA BC. In some cases the cost to certify a building under BOMA BESt will be less than the alternative compliance options, and because the certification program is a holistic approach to energy efficiency and environmental responsibility, participants will see improvements in many areas (e.g. water conservation, waste reduction), including energy efficiency. É For more information and other aspects of the VBBL, visit vancouver.ca/yourgovernment/vancouver-building-bylaw. aspx. For more information on BOMA BESt phone 604-684-3916, or visit www. bomabest.com. Daniel Klemky is the energy and environmental manager for BOMA BC, a non-profit commercial real estate association. Klemky is responsible for the energy management program, which assists member organizations to reduce their environmental impact focusing on energy management. He is also heavily involved in various municipal, provincial and federal sustainability initiatives that directly affect the commercial real estate industry. He was recently awarded his EMIT status from the Association of Energy Engineers, and is currently working on his master’s degree in environment and management.

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BEST TO PREPARE FOR THE WORST Wilder weather, terror threats among latest concerns for professional security firms

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Provident Security staffer checks closed circuit video monitors | PURE SOULS PHOTOGRAPHY

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Best to prepare for the worst

Mike Jagger, president of Provident Security: Video analytics do not replace human security professionals, but enhance their work. | PROVIDENT SECURITY Video monitoring station at Paladin Security. Modern cameras are an “intelligent motion detector” that can translate an image and define a potential threat | PALADIN SECURITY

People and cameras are still crucial to security, say industry experts, but new software lets them work more effectively. “Definitely the biggest change, the biggest impact, has been in the use of digital video analytics,” says Mike Jagger, president of Provident Security. “In the past, you would have spent a little or a lot of money on a video system that really just gave an after-the-fact tool for investigation. What we can do now is to use the camera as an intelligent motion detector and so we can tell the system what types of activity we are interested in and what should create an alarm and be sent to us and which can be ignored.” For example, Jagger says, software now allows a camera focused on a parking gate to differentiate activities. It can be set to allow cars to enter and leave, and let pedestrians leave, but set off alarms if a pedestrian enters. A domestic example would see the camera differentiate between a raccoon and a human being jumping a backyard fence.

Cameras can also now be synced with point-of-sale terminals, so that a review of video that might have taken hours can now identify suspected fraudsters in seconds. The ubiquity and affordability of video cameras let security companies customize their responses, says Jagger. “If we can see that the reason an alarm tripped is because somebody’s kicking in the door, as opposed to someone just struggling with their arms full and getting to the keypad slowly, we can call the police and let them know exactly who we’re looking for – a guy wearing a red jacket – and where he is right now,” he says. Video analytics do not replace human security professionals, but enhance their work, he says. “You just can’t have a person sitting there staring at a bank of monitors and think that the most competent professional person is going to be able to do as good a job of noticing something amiss compared to what we can do with some software,” Jagger says. “So we can actually provide fewer, better people. We can make better use of the unique skills a person has and make them

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Best to prepare for the worst

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infinitely more valuable by the appropriate use of technology.” Technology is also allowing security firms to identify potential crises of different kinds. When windstorms knock out power in the middle of the night, sensors can alert restaurateurs to the fact that their refrigeration systems are down. Likewise for flooding, in which minutes can make the difference between a small mess and a major catastrophe. Weather events have been a concern forever. But current events are raising concerns about terrorism. Paladin Security’s vice-president of operations for B.C., Chad Kalyk, says that although overall crime is declining significantly, perceptions of crime are affected by major events like the terror incidents in Ottawa and SaintJean-sur-Richelieu, Quebec, last year, as well as mass shootings in the United States and elsewhere. Ten years ago, he says, security guards in Canada would not likely have prepared for such situations. Now, his company is equipping staff for active shooting scenarios through continuous drills, tabletop exercises and online simulations. Less technological, but still notable, Kalyk adds, is the effective collating and application of data. “More and more, our clients are seeking evidence-based decision-making,” says Kalyk. “Where are we having challenges? What part of the property we’re having issues on.” By intelligently analyzing information, security companies can determine the times and locations where additional assets are needed and advise clients accordingly. Security of a different kind is also becoming part of the repertoire for companies like Paladin, which is turning more attention to data security issues, something that has tended to be left to internal IT departments. Don MacAlister, chief operating officer for Paladin, says preparing for emergencies starts at home. “We believe first and foremost we have to have our own house in order,” he says. “What’s our business continuity if we have an earthquake and lose our main office and operations centre here in Burnaby? How are we going to serve critical infrastructure clients like BC Hydro or the hospitals or other clients that are going to be counted on by the community?” Paladin ensure systems have backups in the event of an emergency and helps clients prepare emergency plans for any eventuality. Security demands are changing, and both technology and human strategies are responding. For businesses, security preparedness is like insurance – something you are reassured to have but hope you never need. É

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

04_OFFICE SPACE 2015+DIRECTORY_96.indd 66

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• • • •

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

2015-04-27 10:39 AM


We don’t just provide security...We manage it!

Security Officers

Mobile Alarm Response & Tracking

Systems Access Control & CCTV

Monitoring

Contact us today to see how we can improve your security

04_OFFICE SPACE 2015+DIRECTORY_96.indd 67

Protective Hardware

Consulting & Private Investigations

Fusion Security Inc. Suite P1 – 999 West Hastings Street Vancouver, BC, V6C 1W2 t : 604.647.6470 F: 604.647.6476 www.fusionsecurity.ca

2015-04-27 10:39 AM


68 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

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

! (

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04_OFFICE SPACE 2015+DIRECTORY_96.indd 68

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2015-04-27 10:39 AM


Morguard Investments’ 111 Dunsmuir is a finalist in the BOMA BC Earth awards | BOMA BC

BOMA BC AWARD FINALISTS Five shortlisted for “outstanding building of the year” TOBY FINALISTS Q Five finalists have been

named for BOMA BC’s award for “the outstanding building of the year” (TOBY) in the prestigious annual competition. The TOBY award judges commercial buildings on their management, operations, design, tenant relations and community impact. This year, the TOBY finalists are Bentall Kennedy (Canada) LP for both its Bentall 5 and the Willowbrook Shopping Centre; Blackwood Partners Management Corp., for the Central City office tower; and Triovest Realty Advisors’ Cross Roads project.

Cadillac Fairview Corp. a finalist for tenant improvement of the year award at 200 Burrard Street | BOMA BC

EARTH AWARD FINALISTS Q Three BOMA BC members are vying for the Earth award that recognizes environmentally friendly and efficient buildings. The Earth award is based primarily on the building’s BOMA BESt score, which covers energy management; indoor air quality; recycling; reduction and reuse; tenant awareness programs; and health and safety. Points are also awarded for innovative practices. Earth award finalists are: Cadillac Fairview Corp. for 777 Dunsmuir Street; Morguard Investments for 111 Dunsmuir Street; and Bentall Kennedy (Canada) Ltd. for 1075 West Georgia Street.

Other category and finalists are: B U I L D I N G O P E R AT I O N S T E A M O F T H E YEAR Q Finalists are Triovest Realty Advisors;

Bouygues Energies & Services Canada; Colliers International; and the Vancouver Convention Centre. PINNACLE AWARD Q Pinnacle awards recognize

supplier/business members for innovation and customer service. Bee-Clean Building Maintenance; Houle Electric; Somatic HVAC Solutions, which is a finalist for two Pinnacle awards; and Oxford Properties, also with two Pinnacle nominations.

The Central City office tower in Surrey by Blackwood Partners Management Corp. in the running for a BOMA BC TOBY award | BOMA BC

TENANT IMPROVEMENT OF THE YEAR Q This

recognizes the best tenant improvement project for a commercial building. Finalists are Cadillac Fairview Corp., Golden Properties and Oxford Properties Group.

British Columbia

THE BUILDING OWNERS AND MANAGERS ASSOCIATION

The BOMA BC awards gala is held May 21, 2015, at the Fairmont Waterfront Hotel, Vancouver.

For details, visit www.boma.bc.ca

04_OFFICE SPACE 2015+DIRECTORY_96.indd 69

2015-04-27 10:39 AM


70 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

OFFICE BUILDING DIRECTORY WEST VANCOUVER nad

NORTH VANCOUVER aH wy

India n Ar m

Trans-C a

Burrard Inlet

VANCOUVER CENTRAL BUSINESS DISTRICT NORTH

VANCOUVER CENTRAL BUSINESS DISTRICT SOUTH English Bay

Barnet

Hasting

s Nanaimo

SFU

UBC

Lou

ghe

ed

Hw

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VANCOUVER BROADWAY Oak

Cambie

Granville

Dunbar

VANCOUVER

Kin

COQUITLAM

gsw

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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 Avenue 49th Avenue

Hwy

Rive r

Richmond Freeway Fra

Strait of Georgia

Westminster Hwy

se

RICHMOND iver er R

Highway 91

S ou th Ar

SURREY

DELTA YUKON

NORTHWEST TERRITORIES

ALASKA

QUEEN CHARLOTTE

wy

King George Highway

m

s Fra

rH

Highway 10

Highway 99

ALBERTA

BRITISH COLUMBIA

VANCOUVER ISLAND VANCOUVER VICTORIA SEATTLE

WASHINGTON

Boundary Bay

WHITE ROCK

BRITISH COLUMBIA, CANADA WASHINGTON, U.S.

04_OFFICE SPACE 2015+DIRECTORY_96.indd 70

2015-04-27 10:39 AM


AT I

NG

RA TE

ER BO

M

A

OP

AV CO ER A ST GE

VA TE

NT AL

RE

AR

GE RA

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AV E

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PA R

RE

LS

NO

ET FE RE ST

OR

EY

S

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

| 71

VANCOUVER CENTRAL BUSINESS DISRICT NORTH 1166 Alberni St

M–Peterson Commercial/604-689-0603/ L–Peterson Commercial/Dave Kristen/Ivy Yung/604-688-4885

167,350 100,159

25,464 192,814

16

144

1979

1999

$25

$17.99

1550 Alberni St/Alberni Bldg

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

n/a 100,159

8

184

1972

2006

$18

n/a

190 Alexander St/Harbourview

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

39,634

n/a

39,634

6

34

1979

n/a

n/a

$12.46

560 Beatty St

M–Cowan Properties/Tyrol Russell/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

n/a

788 Beatty St

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

54,000

11,000

65,000

6

1910

1985

$18

$10.17

200 Burrard St/Waterfront Centre

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

365,168

29,158 394,326

21

608

1990

n/a

n/a

$23.91

355 Burrard St/The Marine Bldg

M–Oxford Properties/Steve Patrick/604-893-3247/L–Oxford Properties/Ted Mildon/604-893-3230

145,727

23,403 169,130

22

280

1930

1989

$33

$21.74

400 Burrard St/Commerce Place

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

211,140

15,734 226,874

21

146

1985

n/a

$35

$21.76

505 Burrard St/Bentall One

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

260,000

n/a 260,000

22

525

1967

2003

n/a

$23.56

510 Burrard St

M–Manulife Financial/Kathy Ireland/604-717-8232/ L–Manulife Financial/Paula Wright/604-717-8235

205,000

n/a 205,055

14

165

1985

2003

n/a

$19.36

550 Burrard St/Bentall Five

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

577,976

n/a 577,976

33

975

2002

2007

n/a

$20.70

555 Burrard St/Bentall Two

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

165,948

7,461 174,394

18 1059

1969

2003

n/a

$23.33

595 Burrard St/Bentall Three

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

464,641

14,601 490,639

32 1059

1974

1994

n/a

$22.23

666 Burrard St/Park Place

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

576,840

21,778 598,619

35

560

1984

2007

$35

$20.84

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

$18.11

601 Cordova St W/The Station

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

83,047

85,967

5

173

1913

1980

n/a

$16.28

777 Dunsmuir St/Pacific Centre Tower IV

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

264,088

n/a 264,088

n/a

19

398

1990

2005

n/a

$21.70

885 Dunsmuir St

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

95,389

6,992 106,989

10

16

1970

n/a

$24

$15.47

888 Dunsmuir St/XCHANGE Conference Centre

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

89,730

4,632

94,362

15

120

1991

n/a

n/a

$18.31

1055 Dunsmuir St/Bentall Four

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

523,132

19,792 547,956

35

475

1981

1998

n/a

$21.81

401 Georgia St W

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

267,296

1,780 269,076

22

298

1985

1997

$33

$21.70

475 Georgia St W/BC Turf Bldg

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

103,361

n/a 103,361

10

90

1974

n/a

$24

$18.63

520 Georgia St W/Telus Gardens

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

385,878

84,816 470,694

34

549

1977

1999

$35

$21.82

700 Georgia St W/TD Tower (Pacific Centre)

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

471,000

n/a 471,000

30 1,975

1972

2004

n/a

$21.72

701 Georgia St W/Pacific Centre Tower II

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

216,690

n/a 216,690

18

145

1975

2010

n/a

$21.35

885 Georgia St W/HSBC Bldg

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

364,713

18,182 382,895

23

450

1986

n/a

n/a

$21.70

925 Georgia St W/Cathedral Place

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

307,398

8,616 316,014

23

351

1991

2008

$35

$19.20

1030 Georgia St W/Burrard Bldg

M–PCI Developments/Deryk Brower/604-331-5228/ L–CBRE Ltd/Bill Coulter/Eli Applebaum/604-662-3000

207,095

n/a 250,000

19

158

1957

1990

n/a

$20.01

1040 Georgia St W/The Grosvenor Bldg

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

195,105

8,648 203,766

22

236

1984

n/a

n/a

$21.61

1055 Georgia St W/Royal Centre

M–Brookfield Properties/Vicki Bissett/604-602-4805/ L–Avison Young/Justin Omichinski/Matthew Craig/604-646-8387

433,300

n/a 853,000

37

736

1973

2012

$34

$22.52

1075 Georgia St W

M–Bentall Kennedy/Marjo McDougall/604-661-5000/L–Bentall Kennedy/Jeff Lim/604-661-5619

340,700

7,300 348,000

26

226

1968

2002

n/a

$20.51

1090 Georgia St W

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

140,501

4,682 145,183

16

77

1976

1986

n/a

$19.86

1111 Georgia St W/FortisBC Centre

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

349,140

n/a 349,140

24

394

1992

2003

n/a

$21.52

1185 Georgia St W

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

146,846

18,964 165,810

16

155

1985

1992

$24

$19.70

1188 Georgia St W

M–GWL Realty Advisors/Jillian Mann/604-713-7724/ L–GWL Realty Advisors/Peter Jenkins/604-713-8920

199,979

4,594 204,573

21

59

1980

1997

$27

$18.58

04_OFFICE SPACE 2015+DIRECTORY_96.indd 71

2015-04-27 10:39 AM


72 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

AT I

NG

RA TE

ER

1445 Georgia St W/Phileo Place

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

35,411

4,209

39,620

6

21

1963

1999

$22

$14.17

1455 Georgia St W/Lea Bldg

M–Brilliant Circle Group/604-688-2942/L–Brilliant Circle Group/Esther Fan/604-685-2945

31,853

n/a

31,853

8

11

1969

2005

$17

$13.59

A M BO

AV CO ER A ST GE

OP

VA TE

RE

AV E

ST LA

RA

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GE

AR

ILT

RE

ST AL

BU

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PA R

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NO

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UA

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

OF

Address/Building name

SQ

UA

AR

RE

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FE

FE

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D

Office building directory

1500 Georgia St W/1500 West Georgia

M–SDM Realty Advisors/604-688-5658/L–Avison Young/Darrell Hurst/604-647-5069

189,397

3,693 193,090

20

130

1978

2003

$26

$20.30

200 Granville St/Granville Square

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

381,644

13,162 394,806

28

460

1973

2012

n/a

$21.70

320 Granville St

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

350,000

n/a 350,000

25

n/a

n/a

n/a

n/a

409 Granville St/United Kingdom Bldg

M–Peterson Commercial/Stefanie Weng/604-699-5209/ L–Peterson Commercial/Ivy Yung/David Kristen/604-688-4885

195,956

15,142 211,098

17

1961

1988

$23

$15.47

470 Granville St/Rogers Bldg

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

98,324

17,236 115,560

12

1911

n/a

$20

$14.05

64

543 Granville St/Bower Bldg

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

67,526

n/a

67,526

17

60

1997

n/a

$28

$16

570 Granville St/Bower II

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

75,000

n/a

95,000

19

95

2000

n/a

$28.50

$16

24 1,575

609 Granville St/Canaccord Financial Pl

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

284,170

n/a 284,170

725 Granville St

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

300,000

48,000 348,000

736 Granville St/Vancouver Block

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

84,733

6,309

91,042

1981

2005

n/a

$20.35

7

2015

n/a

n/a

n/a

16

1912

2008

$23

$15.39

151 Hastings St W/Ormindale Block

M–Century Group/604-943-2203/L–Colliers/Stephen Moscovich/Dan Jordan/604-661-0843

23,559

12,012

35,611

6

2015

n/a

$34

$13.47

417 Hastings St W/Millar & Coe

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

23,043

12,000

35,043

4

1915

n/a

n/a

$6.62

440 Hastings St W

L–DTZ Barnicke/Don Mussenden/Conor Finucane/604-630-3373

21,000

n/a

21,000

3

1908

n/a

$22

n/a

510 Hastings St W/Standard Bldg

M–Aquilini Properties/David Stark/604-687-8813/ L–Aquilini Properties LP/Drew Hardisty/604-909-7943

115,128

n/a 115,128

15

1913

1989

n/a

$12.30

555 Hastings St W/Harbour Centre

M–Harbour Centre Complex/604-689-7304/L–Colliers/John Freyvogel/604-661-0806

249,707

50,595 323,707

28

1977

2005

n/a

$19.98

601 Hastings St W

M–Morguard Investments/604-602-6450/L–Morguard/Faye Tam

212,500

2015

n/a

n/a

n/a

n/a

n/a

700

25

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04_OFFICE SPACE 2015+DIRECTORY_96.indd 72

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604.683.8407

brian@counterpoints.com www.counterpoints.com

2015-04-27 10:39 AM


602 Hastings St W/Reliance Bldg

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

609 Hastings St W/Princess Bldg

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

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

27,483 107,905

n/a

27,483

11

n/a 107,905

16

AT I

NG

RA TE

ER M

$18

$12.50

1982

n/a

$23

$14.48

1930

2014

n/a

n/a

65,435

25,621

91,056

9

1908

1996

$23

$16.50

744 Hastings St W/Pemberton Bldg

67,500

5,000

72,500

8

1910

1990

$21

$12.70

32

BO

2003

688 Hastings St W/Birks Place - The Kalen M–Talia Jevan Properties/Andre Fong/604-659-6000/L–Colliers/Derek May/604-661-0837 Capital Bldg M–Reliance Properties/Steve Horovitz/604-683-2404/ L–Reliance Properties/Jeff Toews/604-689-1119

A

OP

AV CO ER A ST GE

RE

AR

GE RA

YE ST LA

NT AL

VA TE

1956

AV E

BU

NG

AR

KI

PA R

8

ILT

ST AL

75,000

YE

S EY OR ST

10,000

RE

LS

NO

ET FE RE UA

SQ TO

TA I RE

65,000

TA L

LS

SQ E FIC

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

OF

Address/Building name

QU

UA

AR

RE

E

FE

FE

ET

ET

D

| 73

838 Hastings St W/Jameson House

L–DTZ Vancouver/Michael Jones/Corbin MacDonald/Mark Trepp/604-630-3370

57,784

7,665

69,665

8

2011

n/a

$30

$20

850 Hastings St W/Credit Foncier

M–Triovest Realty Advisors/Nancy Westfall/604-642-4501/ L–Triovest Realty Advisors/Julie De Cotiis/604-642-4514

44,350

4,418

48,768

10

1914

1992

n/a

$19

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

999 Hastings St W/AXA Place

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

206,044

n/a 206,044

19

120

1981

2003

n/a

$21.05

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

$19.21

1055 Hastings St W/Guinness Tower

M–Oxford Properties/Steve Patrick/604-893-3247/L–Oxford Properties/Ted Mildon/604-893-3230

252,339

3,858 256,373

25

280

1969

2004

$33

$22.76

1066 Hastings St W/Oceanic Plaza

M–Oxford Properties/Steve Patrick/604-893-3247/L–Oxford Properties/Ted Mildon/604-893-3230

331,128

21,209 352,337

26

228

1977

2004

$35

$21.44

1111 Hastings St W

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

95,814

n/a 107,459

13

250

1966

1996

n/a

$15.04

1177 Hastings St W

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

305,000

13,448 340,999

27

596

1968

2009

$30

$18.22

1199 Hastings St W/Hastings Bldg

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

63,936

n/a

63,936

14

1968

1993

$28

$15.29

318 Homer St/Mercantile Bldg

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

45,000

5,000

50,000

8

1910

1999

$17

$8.68

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04_OFFICE SPACE 2015+DIRECTORY_96.indd 73

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580 Hornby St

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

52,820

777 Hornby St

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

325 Howe St/Pacific Coast Bldg

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

138,100 32,725 369,000

2,376

AT I ER BO

M

A

OP

AV CO ER A ST GE

55,196

9

32

1986

2000

11,400 149,500

21

457

1969

1996

n/a

$20.35

1912

n/a

$20

$14.80

3,944

36,669

6

n/a 369,000

$23

NG

RA TE

VA TE

NT AL

RE

AR

GE RA

YE ST LA

AV E

ILT

ST AL

BU

NG KI

AR YE

PA R

RE

LS

NO

ET FE RE ST

OR

EY

S

UA

TO

TA L

SQ

QU LS TA I RE

FIC

E

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

$17.61

475 Howe St/The Exchange

M–Credit Suisse 212-325-2000/L–CBRE Ltd/Bill Coulter/Tara Finnegan/604-662-5131

31

2016

n/a

n/a

n/a

535 Howe St

M–Enchanting Int’l Properties/604-682-8002/L–Enchanting Int’l Properties/Elizabeth Lou

22,500

n/a

n/a

7

1935

n/a

n/a

n/a

549 Howe St

M–Arcturus Realty 416-862-6100/L–NAI Commercial/Andrew Astles/604-691-6604

40,596

3,255

43,851

10

1997

2003

n/a

$18.22

595 Howe St/Good Earth Bldg

M–Colliers/604-681-4111/L–NAI Commercial/Irene Yung/Rob DesBrisay/604-691-6606

83,869

n/a

88,021

13

1977

1990

$23

$16.09

18

625 Howe St/Standard Life Bldg

M–Standard Life Real Estate/604-664-8040/L–CBRE Ltd/Tara Finnegan/604-662-5159

125,400

5,874 131,274

14

120

1975

1993

n/a

$17.35

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

$16.35

1111 Melville St

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

105,372

n/a 116,544

12

112

1976

n/a

$24

$15.95

740 Nicola St

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

20,000

n/a

20,000

3

36

1967

n/a

$19

$16.20

119 Pender St W/Duncan Bldg

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

51,239

8,847

60,286

7

1911

n/a

$21

$12.48 $16.41

128 Pender St W/Sun Tower

M–Allied Properties REIT/604-683-5002/L–CBRE Ltd/Tara Finnegan/604-662-5159

82,300

6,000

88,300

17

1912

2011

$33

303 Pender St W

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

24,000

6,000

30,000

3

1900

n/a

$31

$14

402 Pender St W/BC Securities Bldg

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

40,000

5,000

45,000

8

1912

n/a

$16

$10.45

626 Pender St W/London Bldg

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

65,000

n/a

65,000

11

700 Pender St W/Pender Place I

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

142,633

5,539 148,172

17

202

1914

2003

n/a

$13.34

1972

2000

n/a

$19.81

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141,879

3,890 145,769

17

789 Pender St W

M–Triovest Realty Advisors/Nancy Westfall/604-642--4501/ L–Triovest Realty Advisors/Julie De Cotiis/604-642-4501

108,717

10,392 119,109

15

800 Pender St W

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

105,872

6,284 112,156

15

890 Pender St W

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

54,806

905 Pender St W/King George Group Bldg M–Colliers/L–Colliers/Derek May/604-661-0837

32,400

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

220,129

6,663

61,469

n/a

32,400

6

n/a 220,129

22

AT I

NG

RA TE

ER BO

M

A

OP

AV CO ER A ST GE

RE GE

AR YE

RA AV E

ST LA

NT AL

VA TE

247

BU

NG

8

AR

KI

28

YE

PA R

116

RE

LS

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

ILT

ST AL

750 Pender St W/Pender Place II

1050 Pender St W

NO

ET FE RE ST

OR

EY

S

UA

TO

TA L

SQ

QU LS TA I RE

FIC

E

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 75

1974

2000

n/a

$19.81

1929

1991

n/a

$17.95

1978

1999

$22

$17.73

1965

1998

$23

$16.76

1963

2002

$18

$16.56

1973

1993

n/a

$16.67

1090 Pender St W

M–Bentall Kennedy/Bruce Tanner/604-661-5084/L–Bentall Kennedy/David Haugen/604-661-5679

1095 Pender St W/Manulife Place

M–Manulife Financial/Kathy Ireland/604-717-8232/ L–Manulife Financial/Paula Wright/604-717-8235

1112 Pender St W

M–Brilliant Circle Group/604-688-2942/L–Brilliant Circle Group/Esther Fan

1130 Pender St W

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

137,868

2,312 140,180

15

115

1980

2006

n/a

$18.30

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

167,087

3,300 170,778

18

149

1984

2006

n/a

$16.98

71,297 210,000 57,190

5,202

76,499

12

1971

1999

n/a

$16.54

4,000 214,000

22

186

1991

2003

n/a

$20.22

10

43

1963

2013

$18

$16.56

n/a

57,190

1155 Pender St W/Shorehill Bldg

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

83,068

n/a

83,068

7

51

1967

2003

$17

$14.02

1199 Pender St W

M–Wertman Development/Jason Wertman/604-681-1168/L–Colliers/Derek May/604-661-0837

72,000

14,000

86,000

9

60

1955

2003

$25

$14.50

1201 Pender St W/East Asiatic House

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

59,483

n/a

59,483

8

102

1966

2008

$18

$15.17

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

$27

$10.10

28,025

n/a

28,025

8

1912

2007

n/a

$13.56

n/a 144,000

16

170

1989

n/a

$23

$16.51

2013

n/a

n/a

$17.50

509 Richards St/The Lumberman’s Bldg

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

605 Robson St/Vancouver House

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

720 Robson St

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

138,308 21,009

n/a

21,009

5

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76 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

969 Robson St/Robson Central

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

1155 Robson St/John Robson Place

M–PCI Developments/604-331-5228/L–CBRE Ltd/Bill Coulter/Eli Applebaum/604-662-5131

333 Seymour St/Grant Thornton Place

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

80,824 78,964 150,735

94,536

n/a

79,950

7

3,760 154,495

17

141

AT I

NG

RA TE

ER BO

M

A

OP

RE

AR

GE RA

YE ST LA

1956

AV CO ER A ST GE

VA TE

6

AV E

ILT

BU

NG

AR

KI

YE

PA R

RE

ST AL

13,712

NT AL

LS

NO

ET FE RE ST

OR

EY

S

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

2013

n/a

$19.86

1947

1992

$16

$15.63

1985

2005

n/a

$20.19

510 Seymour St

L–Colliers/Marco DiPaolo/604-661-0838

71,247

5,042

76,289

10

2017

n/a

n/a

n/a

525 Seymour St/Seymour Bldg

M–Aquilini Properties/David Stark/604-687-8813/ L–Aquilini Properties/Drew Hardisty/604-909-7943

43,807

n/a

47,949

10

1914

1990

$25

$12.28

576 Seymour St/Arts & Crafts Bldg

L–MacDonald Commercial/Eric Poon/604-736-5611

26,305

n/a

31,000

6

1910

2000

$19

$11.75

698 Seymour St/Seymour Bldg

M–Colliers/L–Colliers/Dan Jordan/Devin Ringham/604-692-1472

31,168

7,107

38,275

4

1971

n/a

$15

$12.75

535 Thurlow St/Phillips Bldg

M–Onni Group/Jamie Fiander/604-602-7711/L–Colliers/Derek May/604-661-0837

51,173

n/a

51,173

8

1966

1990

$19

$14.21

35,000 430,000

21

745 Thurlow St

M–Bentall Kennedy/604-661-5000/L–Bentall Kennedy/Jeff Rank/604-661-5090

25

2015

n/a

n/a

n/a

68 Water St/Deighton Bldg

L–RE/MAX Commercial Advantage/John Moody/778-837-3760

27,000

9,500

n/a

5

1899

1980

$18

$8.25

305 Water St

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

20,000

4,000

24,000

5

1910

2012

$22

$13

332 Water St/Le Magasin

M–Colliers/604-681-4111/L–Corbel Commercial Inc/Robert Tham/Marc Saul/604-609-0882

20,000

n/a

21,208

3

1965

n/a

$17

$10.75

2002

n/a

$35

$18.37

n/a

n/a

n/a

n/a

365,000

VANCOUVER CENTRAL BUSINESS DISRICT SOUTH 858 Beatty St/Pivotal Bldg

M–Warrington PCI/604-331-5264/L–CBRE Ltd/Blair Quinn/604-662-5161

171,256

n/a 171,256

7

1290 Burrard St/Burrard Gateway

M–Reliance Properties Ltd/604-689-1119/L–Reliance Properties Ltd/Jeff Toews

129,099

n/a 129,099

13

1380 Burrard St/Kilborn Bldg

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

109,700

n/a 114,256

7

117

1982

2001

n/a

$17.92

840 Cambie St

M–Allied Properties REIT/604-683-5002/L–CBRE Ltd/Eli Appelbaum/Tara Finnegan/604-662-5159

70,000

n/a

6

10

1920

2009

n/a

$17.70

1937

1980

$21

n/a

82

1990

n/a

$20

$18.71

2016

n/a

n/a

$18 $12.04

97,500

896 Cambie St

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

24,000

6,200

30,200

3

1001-1085 Cambie St/Yaletown Mews

M–Colliers/Ching-Lei Lee/604-692-1409/L–DTZ Vancouver/Mark Trepp/604-630-3370

65,000

n/a

65,000

3

89 Georgia St W/Rogers Areana - West Tower

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

106,581

n/a

n/a

26

416

929 Granville St

M–Soco Investments Inc/604-685-8471/L–CBRE Ltd/Blair Quinn/Zach Wittenberg/604-662-5161

63,000

8,000

71,000

6

1900

1989

$22

1028 Hamilton St

L–CBRE Ltd/Geoff Donelly/604-662-5130

24,000

n/a

24,000

4

1960

2013

n/a

$16.50

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

1912

1988

n/a

$18.04

1110 Hamilton St

M–Triple F Investments/L–Avison Young/Matt Walker/Robin Buntain/604-647-5074

48,000

n/a

48,000

5

1908

2009

n/a

$15.63

1168 Hamilton St

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

46,200

n/a

46,200

5

39

1916

1989

$25

$14.79

825 Homer St/Atelier on Robson

L–Corbel Commercial Inc/Robert Tham/604-609-0882

20,246

n/a

30,000

2

2010

n/a

$25

$15.01

860 Homer St/The Beasley

M–CBRE Ltd/L–CBRE Ltd/Zach Wittenberg/Eli Applebaum/604-662-5164

21,000

n/a

21,000

4

2011

n/a

$26

$13.92

990 Homer St

L–CBRE Ltd/Geoff Donelly/604-662-5130

43,856

n/a

45,000

5

1950

2000

n/a

$16.69

1008 Homer St/North Western Bldg

M–The Mangement Group/Moreno Zen/604-681-1816/ L–DTZ Vancouver Real Estate/Mark Trepp/Corbin MacDonald/604-630-3370

44,500

n/a

60,000

5

1908

1998

$35

$11

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

$14.29

1085 Homer St/The Cossette

L–Colliers/Colin Scarlett/604-661-0879

51,000

n/a

54,000

6

1090 Homer St

M–LaSalle Investment Management/604-608-0806/ L–GWL Realty Advisors/Blair Stewart/604-713-8902

36,140

27,523

63,663

6

1140 Homer St/Homer Court

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

26,000

n/a

28,000

3

66

7

2003

n/a

n/a

$18

1917

1993

$28

$15.57

1912

1991

$24.50

$17.93

1250 Homer St

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

26,000

n/a

32,500

4

2002

n/a

$25

$16.67

1286 Homer St

L–CBRE Ltd/Tara Finnegan/604-662-5159

20,424

n/a

20,424

5

1910

n/a

n/a

$15.57

900 Howe St

M–Warrington PCI/Deryk Brower/604-331-5232/ L–Cushman & Wakefield/Hayden C Elliott/604-640-5831

97,840

5,624 103,464

10

109

1987

n/a

n/a

$17.32

938 Howe St/Pacific Place

M–Gateway West Management/Sylvia Hoogstins/604-635-5022/ L–Palagon/Farhad Ebrahimi/604-331-6004

66,480

66,480

14

65

1991

n/a

n/a

n/a

250,000

n/a 250,000

16

217

2015

n/a

n/a

$17

98,785

2,361 101,146

9

65

1973

2007

n/a

$15.37

980 Howe St

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

1045 Howe St

L–CBRE Ltd/Geoff Donelly/604-662-5130

1080 Howe St/The Victoria

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

1125 Howe St/Vanso Bldg

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

36,000 128,912

n/a

36,000

12

52

1993

n/a

$19.50

$13.60

n/a 128,912

n/a

14

150

1985

2007

$22

$12.10

n/a 171,888

1311 Howe St/Viva Tower

M–Viva Tower/Tamara Whittaker/604-691-1789/L–DTZ Vancouver/Mark Trepp/604-630-3370

45,000

17

170

1992

n/a

$22

$14.78

910 Mainland St/Mainland Tech Centre

M–910 Mainland Management/604-687-2554/L–Avison Young/Matthew Craig/604-647-5076

289,500

n/a

n/a

3

270

2002

n/a

n/a

$11.31

1080 Mainland St/Yaletown Galleria

L–Cushman & Wakefield/Mark Trepp/604-640-5820

39,674

n/a

55,964

5

67

1925

1989

$26

$18.50

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1122 Mainland St

M–Mainland Ventures/Alan Firth/604-732-6540/ L–DTZ Vancouver/Mark Trepp/Corbin Macdonald/604-630-3370

1152 Mainland St/Yaletown Bldg

L–Avison Young/Robin Buntain/Matt Walker/604-647-50764

34,244

808 Nelson St/Nelson Square

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

190,000

910 Richards St

L–DTZ Vancouver/James Bayley/Corbin MacDonald/604-719-4583

60,333

AT I

NG

RA TE

ER

4

30

1911

1990

n/a

$14

25

235

1982

1999

n/a

$17.76

1910

n/a

n/a

n/a

M BO

AV CO ER A ST GE

38,444

3

n/a

A

OP

VA TE

NT AL

RE GE

AR

n/a

n/a 190,000 30,000

1991

RA

YE ST LA

81,145

n/a

1915

AV E

BU

NG KI

AR YE

PA R

20,812

30,000

66

ILT

ST AL

5

RE

LS

NO

ET FE RE ST

OR

EY

S

UA

TO

TA L

SQ

QU LS TA I RE

FIC

E

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 77

$14

VANCOUVER BROADWAY — SURROUNDING AREA 1505 2nd Ave W/Main Gate

M–Gulf Pacific Group/604-990-1500/ L–Avison Young/Justin Omichinski/Josh Sookero/604-646-8387

30,767

n/a

30,767

5

60

1988

2004

n/a

$13.50

1639 2nd Ave W

M–Dan Schroeter Consulting/Dan Schroeter/604-736-9760/ L–DTZ Vancouver/Howard Malchy/Steve Schweigert/604-895-2226

20,950

6,544

n/a

4

32

1993

2006

$25

$14

125 4th Ave E/Q4 Block

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

27,206

n/a

27,206

5

2016

n/a

$25

$10.25

111 5th Ave E/Data Centres

M–Oxford Properties/Steve Patrick/604-893-3206/L–CBRE Ltd/Blair Quinn/604-662-3000

80,988

n/a

90,000

3

196

1977

n/a

$18

$18.10

1788 5th Ave W/The Fifth Avenue

M–Arthur Bell Holdings/L–Colliers/Marco DiPaolo/604-661-0838

26,000

n/a

34,000

4

119

1996

n/a

n/a

$14

550 6th Ave W/BC Teachers Federation Bldg

M–BCTF/Belva Lee/604-871-2283/L–CBRE Ltd/Brad Haw/604-662-5132

84,498

n/a

84,498

5

1962

n/a

$23

$14.27

1600 6th Ave W/Garden Offices

M–CBRE Ltd/604-662-5132/L–CBRE Ltd/Brad Haw

22,648

n/a

23,400

3

45

1984

n/a

$14

$14.44

2930 Arbutus St

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

35,000

n/a

35,000

3

58

1990

n/a

$17

$13.50

1669 Broadway E/Robert & Lily Lee Family Health Ctr

M–Wesgroup Properties/604-633-2898/ L–Cushman & Wakefield/Chris Newton/Matthew MacLean/604-640-5802

47,940

12,845

60,785

4

2010

n/a

n/a

$15.32

n/a

26,000

6

52

1982

n/a

$24

$14.85

4,464 101,728

7

500

2009

n/a

n/a

$21.19

2015

n/a

$26

$16

1990

1996

$20

$10

210 Broadway W

L–CBRE Ltd/Geoff Donelly/604-662-5130

24,750

505-525 Broadway W/Cross Roads Complex

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

97,264

1933 Fraser St/The Centre for Digital Media

M–Great Northern Way Trust/L–CBRE Ltd/Blair Quinn/Kevin Nelson/Zach Wittenberg/604-662-3000

60,358

333 Terminal Ave

M–333/369 Terminal Holdings/Irwin Lee/604-899-2788/ L–DTZ Vancouver/Conor Finucane/Howard Malchy/604-895-2226

2920 Virtual Way/Broadway Tech Centre - Bldg 6

n/a

60,358

3

114,000

4,198 133,000

8

M–Bentall Kennedy/Ashley MacDougall/604-638-1266/L–Bentall Kennedy/Jeff Rank/604-661-5090

160,000

10,000 175,000

4

2015

n/a

n/a

n/a

2955 Virtual Way/Broadway Tech Centre - Bldg 2

M–Bentall Kennedy/Ashley MacDougall/604-638-1266/L–Bentall Kennedy/Jeff Rank/604-661-5090

147,118

n/a 147,118

5

2001

n/a

n/a

$15.04

2985 Virtual Way/Broadway Tech Centre - Bldg 3

M–Bentall Kennedy/604-638-1266/L–Bentall Kennedy/Jeff Rank/604-661-5090

113,932

n/a 113,932

4

2001

n/a

n/a

$15.77

151

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

L–JLL/Ronan Pigott/Mark Chambers/604-998-6004

73,000

n/a

73,000

3

1385 8th Ave W

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

82,678

4,331

87,009

6

161

2015

n/a

n/a

n/a

1982

2008

n/a

$17.77

1401 8th Ave W/Malvern Bldg

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

54,544

n/a

54,544

4

109

1979

2004

$16

$14.23

1620 8th Ave W

L–CBRE Ltd/Brad Haw/604-662-5132

45,000

n/a

45,000

3

90

1973

n/a

$23

$15.94

550 Broadway W/Neelu Bachra Centre

M–Orca Developments/604-709-3355/L–RPM Realty/Holly Kingan/604-684-8291

83,492

8,333

n/a

7

2014

n/a

$34

$18

601 Broadway W/Broadway Plaza

M–Broadway Plaza Management/604-872-4551/L–CBRE Ltd/Brad Haw/604-662-5132

132,000

n/a 132,000

12

240

1980

n/a

$23

$16.09

750 Broadway W/Fairmont Medical Bldg

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

122,880

13,761 136,641

14

144

1960

1997

$24

$19.22

777 Broadway W

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

53,000

75,000

12

156

1988

n/a

$26

$18.75

805 Broadway W/805 Broadway Centre

M–Frank Stanzl Construction Ltd/604-872-7223/ L–SDM Realty Advisors/Stephen Duyvewaardt/778-383-6272

85,100

19,832 104,932

19

1974

n/a

n/a

n/a

812 Broadway W/Willow Medical Bldg

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

943 Broadway W/Broadway Medical Bldg Mike Hodsall/604-731-6632/L–Colliers/Brian MacKenzie/604-661-0829

n/a

20,500

5,202

25,702

7

96

1971

n/a

$17

$18.30

42,412

8,129

50,541

10

167

1982

1999

n/a

n/a

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

Visit us at www.bcappraisers.com

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

82,000

8,000

90,000

9

M–Rosebud Properties Ltd/604-738-4777/ L–DTZ Vancouver/Conor Finucane/Mark Trepp/604-630-3375

46,659

10,401

57,060

6

7,187

48,032

5

102

23,485 107,306

8

220

1988

1212 Broadway W/BC Heart Bldg

M–Colliers/Daniel Mok/604-662-2687/L–Colliers/Derek May/604-661-0837

40,845

1285 Broadway W

M–Triovest Realty Advisors/Pauline Ashton/604-484-0906/ L–Triovest Realty Advisors/Julie De Cotiis/604-642-4514

83,821

1367 Broadway W/The Broadway

M–Boultbee Realty/Karen Clarke/604-661-7152/L–CBRE Ltd/Brad Haw/604-662-5132

45,169

n/a

45,169

134

9

1401 Broadway W

M–Warrington PCI/Elizabeth Han/L–CBRE Ltd/Brad Haw/604-662-3000

24,000

n/a

34,000

8

1501 Broadway W/The Clock Tower

M–Gammon International/L–CBRE Ltd/Brad Haw/Tim Madura/604-662-5132

23,988

n/a

23,988

5

46 170

AT I

NG

RA TE

ER BO

M

A

OP

AV CO ER A ST GE

RE

AR

GE RA

YE ST LA

NT AL

VA TE

988 Broadway W/Broadway & Oak 1001 Broadway W

AV E

ILT

ST AL

BU

NG KI

AR YE

PA R

RE

LS

NO

ET FE RE ST

OR

EY

S

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

2012

n/a

$33

$14.50

1989

2008

$25

$16.84

1981

n/a

$20

$13.51

1984

2014

n/a

$17.76

2009

$29

$15.95

1994

n/a

$22

$18

1986

n/a

$17

$18.50

$13.75

1755 Broadway W

M–Northland Properties Ltd/604-735-6638/L–Colliers/Derek May/604-661-0837

66,568

n/a

66,568

5

1970

2003

$20

1847 Broadway W/Orr Bldg

M–Orr Development/604-731-8261/L–CBRE Ltd/Brad Haw/604-662-5132

25,129

n/a

25,129

3

1956

1993

$19

$11

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

1985

n/a

$22

$16.65

2150 Broadway W

M–Burrard Pacific Realty/604-732-7709/L–Burrard Pacific Realty/Edward Lum

88,000

5,000

93,000

4

225

1980

2005

$20

$15.19

2590 Granville St/Chapman Bldg

M–Turner Meakin/Brian Meakin/604-736-7020/ L–DTZ Vancouver/Conor Finucane/Howard Malchy/604-630-3375

21,398

n/a

n/a

3

22

1920

1971

$19

$16.52

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

$20

$19.71

27,500 147,500

12

172

1972

2004

$27.50

$15.33

WEST VANCOUVER 100 Park Royal South

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

120,000

NORTH VANCOUVER 125 13th St E/Northmount Medical Centre 2 M–Warrington PCI/Karin Fung/604-331-5236/ L–Cushman & Wakefield/Brad Newman-Bennett/604-640-5860

25,158

n/a

25,158

4

1973

1991

$19

$17.52

145 13th St E/Northmount Medical Centre 1 M–Warrington PCI/Karin Fung/604-331-5236/ L–Cushman & Wakefield/Brad Newman-Bennett/604-640-5860

27,500

n/a

27,500

10

1969

1992

$19

$18.91

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AT I

NG

RA TE

ER

101 16th St W

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

22,000

n/a

22,000

2

n/a

n/a

$24

145 17 St W/The Professional Centre

L–Forman Pilkington/Ross Forman/Jeff Pilkington/604-980-3003

27,400

n/a

27,400

5

1975

n/a

n/a

n/a

255 1st St W/Esplanade Centre North

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

53,216

n/a

53,216

3

1978

1999

$15

$9.88

76

A M BO

AV CO ER A ST GE

OP

VA TE

RE

AR

GE RA

YE ST LA

AV E

ILT

RE

ST AL

BU

NG KI

AR YE

PA R

NT AL

LS

NO

ET FE RE ST

OR

EY

S

UA

TO

TA L

SQ

QU LS TA I RE

FIC

E

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

| 79

$15.32

930 1st St W/Capilano Business Park II

M–Bentall Kennedy/604-646-2880/L–Avison Young/Terry Thies/Ian Whitchelo/604-646-8398

86,618

n/a

86,618

2

129

1992

n/a

$16

$7.17

980 1st St W/Capilano Business Park I

M–Bentall Kennedy/604-646-2880/L–Bentall Kennedy/David Haugen/604-661-5679

84,059

n/a

84,059

2

133

1991

n/a

n/a

$7.50

2

160

949 3rd St W/Capilano Business Park III

M–Bentall Kennedy/604-646-2880/L–Avison Young/Terry Thies/Ian Whitchelo/604-646-8398

145 Chadwick Crt/Chadwick Court

M–Pacific Asset Management Corp/604-980-3889/ L–Pacific Asset Management Corp/Jolene Foreman

121,197 30,375

n/a 121,197 10,125

40,500

4

1994

n/a

$17

$6.41

1985

n/a

$16

$16.50

788 Copping St/Harbourside Landing

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

32,000

n/a

32,000

3

2012

n/a

$18

$7.84

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

$13.65

221 Esplanade W

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

n/a 157,410

6

233

1983

n/a

n/a

$15.32

157,410

260 Esplanade W/Esplanade Centre South M–Gulf Pacific Group/604-990-1500/ L–Forman Pilkington/Ross Forman/Jeff Pilkington/604-980-3003

52,266

n/a

52,266

3

214

1978

n/a

$15

$9.88

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

$15.50

$11.95

38 Fell Ave/Harbourside Centre

M–GWL Realty Advisors/604-713-3162/L–Avison Young/Terry Thies/Ian Whitchelo/604-646-8398

38,400

n/a

38,400

3

77

2001

n/a

$20

$12.23

828 Harbourside Dr/Harbourside Business L–Colliers/Brian MacKenzie/Matt Smith/604-661-0829 Park

60,000

n/a

60,000

2

125

2001

n/a

$21.50

$5.96

850 Harbourside Dr/Harbourside Corporate Ctr

45,000

n/a

45,000

4

2009

n/a

$26

$10.60

74,670

n/a

74,670

3

2002

n/a

$24

$14.02

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

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

160

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40,000

n/a

40,000

4

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/Jeff Pilkington/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

1910 Lonsdale Ave/Lonsdale Medical & Dental Bldg

M–Warrington PCI/Karin Fung/604-331-5236/L–Forman Pilkington/Ross Forman/604-980-3003

37,914

n/a

1200 Lynn Valley Rd/Valley Professional Centre

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

28,000

2030 Marine Dr/Lions Gate Place

M–Lock Investments/L–Forman Pilkington/Ross Forman/Jeff Pilkington/604-980-3003

1801 Welch St/Cypress Business Centre

L–Avison Young/Ian Whitchelo/Terry Thies/604-647-5095

AT I

NG

RA TE

ER BO

M

A

OP

AV CO ER A ST GE

VA TE

NT AL

RE

AR

GE RA

YE ST LA

AV E

BU

NG KI

AR YE

PA R

70

RE

LS

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

ILT

ST AL

1111 Lonsdale Ave 1133 Lonsdale Ave

2609 Westview Dr/Westview Professional M–Gulf Pacific Group/Ryan Russell/604-990-1500/ Centre L–Forman Pilkington/Ross Forman/Jeff Pilkington/604-980-3003

NO

ET FE RE ST

OR

EY

S

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

1997

n/a

$23.50

$15.15

2010

n/a

$23.50

$15.15

1980

2002

$18

$16

2

1974

n/a

$16

$17.09

37,914

2

1955

n/a

$15

$15.85

12,000

40,000

3

112

1988

2000

n/a

n/a

22,000

n/a

22,000

4

58

1989

n/a

$17

$10.25

20,140

n/a

22,623

2

1975

n/a

$14

$9.50

23,382

7,968

31,350

4

1988

n/a

$18

$14.35

61

60

VANCOUVER 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

1200 73rd Ave W/Airport Square

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

222,000

n/a 222,000

6

726

1989

2002

n/a

$21.75

14

444

1975

2000

$20

$12.85

134 Abbott St

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

40,000

8,000

48,000

6

1910

2010

$24

$11

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

80

1959

1987

n/a

$21

1980 Foley St/Discovery Parks - Phase II

M–Discovery Parks/604-734-7275/L–Avison Young/Matt Walker/604-647-4074

219,490

n/a 219,490

9

281

2016

n/a

n/a

n/a

1988 Foley St/Discovery Parks - Phase II

M–Discovery Parks/604-734-7275/L–Avison Young/Matt Walker/604-647-5074

173,964

n/a 173,964

10

2016

n/a

n/a

n/a

1868 Glen Dr/GX Bldg

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

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

35,245

500

36,500

3

n/a 164,236

5

3195 Granville St/Hycroft Centre

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

887 Great Northern Way/QLT Bldg 2

M–Dream Office Management Corp/Kirby Leong/604-586-5101/ L–JLL/Norm Taylor/Matthew Brown/604-998-6022

3680 Hastings St E/Pacific Professional Centre

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

450 Marine Dr SW/Marine Gateway on Canada Line

M–Triovest/L–Colliers/Rob Chasmar/John Freyvogel/604-681-1111

23 Pender St W/Old BC Electrical Bldg

M–Anthem Properties/604-638-4389/L–Corbel Commercial/Robert Tham/Marc Saul/604-609-0882

2665 Renfrew St/Renfrew Centre

M–Blackwood Partners 780-413-9950/ L–Cushman & Wakefield/Roger Leggatt/Jennifer Robertson/604-640-5882

164,236

2002

n/a

n/a

$8.54

66

1965

2005

$23

$15.50

1957

1999

$25

$17.10

327

2000

2010

n/a

$17.80

22,722

6,000

28,649

3

1980

n/a

$10

$10.76

249,817

n/a

n/a

19

2015

n/a

n/a

n/a

96,251

5,236 101,487

6

1912

n/a

n/a

$10.55

161,611

8,789 170,400

7

2016

n/a

n/a

$14.87 $13.21

34,500

n/a

100

1150 Station St/Pacific Central Sation

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

75,000

3

1919

n/a

n/a

1628 Station St/Block Data Centre

L–CBRE Ltd/Blair Quinn/604-662-5161

105,872

n/a 105,872

5

2015

n/a

n/a

n/a

2215 Wesbrook Mall/Centre for Brain Health

M–Jones Lang Lasalle/L–JLL/Ronan Pigott/Andrew Laurie/604-998-6004

100,000

n/a

n/a

3

2013

n/a

$26

$15

5687 Yew St

L–CBRE Ltd/Brad Haw/604-662-5132

20,000

n/a

20,000

3

1991

n/a

$22

$17.86

BURNABY 7818 6th St/Executive Plaza East

M–BC Ministry of Transportation/L–Re/Max Central/Peter Hall/604-718-7300

31,925

n/a

n/a

3

8525 Baxter Pl/Production Court I

M–Narland Management/604-681-2747/L–Colliers/Rob Chasmar/604-661-0822

44,071

n/a

44,071

2

2323 Boundary Rd/Boundary Business Centre

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

46,858

n/a

n/a

2

4259 Canada Way/Canada Way I

M–Dream Office Management Corp/Angie Manville/604-586-5105/ L–Cushman & Wakefield/Roger Leggatt/Max Zessel/604-640-5882

60,072

n/a

60,072

2

4299 Canada Way/Canada Way II

M–Dream Office Management Corp/Angie Manville/604-586-5105/ L–Cushman & Wakefield/Roger Leggatt/Max Zessel/604-640-5882

30,499

28,928

59,427

4585 Canada Way/Canada Way Business Park

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

47,000

n/a

4595 Canada Way/Canada Way Business Park

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

47,000

4601 Canada Way/Canada Way Business Park - Bldg A

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

4611 Canada Way/Canada Way Business Park - Bldg B

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

04_OFFICE SPACE 2015+DIRECTORY_96.indd 80

1979

n/a

$13.50

$9

1999

n/a

$13.50

$14.09

1996

n/a

n/a

n/a

196

1973

1998

n/a

$14.17

2

175

1972

1999

$16

$14.17

47,000

4

94

1982

1996

n/a

$11.95

n/a

47,000

4

94

1982

1996

n/a

$11.69

86,189

n/a

86,189

5

345

2000

n/a

n/a

$12.22

74,613

n/a

74,613

4

298

2001

n/a

n/a

$14.31

296

2015-04-27 10:39 AM


4621 Canada Way/Canada Way Business Park - Bldg C

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

69,772

n/a

69,772

$13.90

BO

M

A

OP

ER

AT I

NG

RA TE

n/a

AV CO ER A ST GE

RE

AR

GE RA

YE ST LA

n/a

NT AL

VA TE

2000

AV E

BU

NG KI

AR YE

PA R

279

ILT

ST AL

4

RE

LS

NO

ET FE RE ST

OR

EY

S

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

| 81

4940 Canada Way/Deer Lake Centre II

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

97,204

n/a 107,880

5

1981

n/a

n/a

$11.84

4946 Canada Way/Deer Lake Centre I

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

88,572

n/a

88,572

5

1981

n/a

n/a

$12.38

4370 Dominion St/Central Place

M–Dundee Realty Management/Angie Manville/604-586-5105/ L–Colliers/Rob Chasmar/604-661-0822

64,660

n/a

64,660

6

160

1983

1999

$16

$14.90

4400 Dominion St

M–Dream Office Management Corp/Angie Manville/604-586-5105/ L–Colliers/Rob Chasmar/604-661-0822

93,000

n/a

93,000

5

225

1977

2006

$16

$16.08

8988 Fraserton Court/Fraserton Court

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

50,000

n/a 150,000

2

1999

n/a

$12

$4.70

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

3555 Gilmore Way/West Wing

55,251

n/a

55,251

3

331

2001

n/a

$19.50

$13.36

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

3555 Gilmore Way/East Wing

M–SDM REalty Advisors/L–SDM Realty Advisors/Stephen Duyvewaardt/778-383-6272

26,750

n/a

26,750

5

355

1989

n/a

$17.50

$13.36

3555 Gilmore Way/Discovery Place Phase III

M–SDM Realty Advisors/Dale Mumford/604-688-5658/L–CBRE Ltd/Zach Wittenberg/604-662-5158

80,797

n/a

80,797

3

331

2015

n/a

$25

$12.82

138

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

3650 Gilmore Way/Xenon

M–Concert Realty Services/Shannon Gibbs/604-602-3720/L–Colliers/Rob Chasmar/604-661-0822

54,000

n/a

54,000

3

2000

n/a

n/a

$12.10

2001

n/a

n/a

$13.50

3600-3602 Gilmore Way/PMC Bldg

M–Prime Mover Controls Inc/L–PMC Controls/JB Bjorknas/604-433-4644

52,260

n/a

52,260

2

150

1998

n/a

$27

n/a

9100 Glenlyon Pkwy

M–Concert Realty Services/Shannon Gibbs/604-602-3720/L–Colliers/Rob Chasmar/604-661-0822

61,833

n/a

62,833

2

312

1998

n/a

$19

$11.54

9200 Glenlyon Pkwy/Nokia Bldg

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

94,325

n/a

94,325

3

310

2003

n/a

$22

$12.50

• •

4430 Halifax St/Halifax Bldg

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

23,069

n/a

23,069

2

78

1990

n/a

$18

$11.64

4556-4580 Hastings St/Firma

L–Cushman & Wakefield/Kyle Wilson/604-608-5941

20,000

n/a

n/a

4

50

2011

n/a

$16

$7.50

3999 Henning Dr

L–RE/MAX Central/Peter Hall/604-718-7300

73,992

n/a

73,992

4

234

1998

n/a

$19

$11.15

3665 Kingsway/Boundary Plaza

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

44,000

n/a

57,000

3

100

1980

n/a

n/a

$14.76

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

1999

$19

$12.15

4501 Kingsway/The Sovereign

M–Bosa Development Corp/604-294-0666/ L–Avison Young/Matt Walker/Robin Buntain/604-647-5074

68,828

n/a 100,000

45

2015

n/a

n/a

$14.86

99,000

n/a

4603 Kingsway/Metropointe

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

99,000

4

266

1989

n/a

$20

$15.93

4710 Kingsway/Metrotower I

M–Ivanhoe Cambridge/Natalie Bishop/604-438-4703/ L–Ivanhoe Cambridge/Luke Gibson/604-630-5857

264,000

n/a 264,000

28

500

1989

n/a

$26

$17.50

4720 Kingsway/Metrotower II

M–Ivanhoe Cambridge/Natalie Bishop/604-438-4703/ L–Avison Young/Bill Elliott/Jason Mah/604-647-5062

352,000

n/a 352,000

30

415

1991

n/a

n/a

$17.10

4730 Kingsway/Metrotower III

M–Ivanhoe Cambridge/Natalie Bishop/604-630-3304/ L–Avison Young/Bill Elliott/Jason Mah/604-647-5062

411,472

n/a 411,472

29

2014

n/a

n/a

$14.17

4789 Kingsway/Centrepoint

M–Orr Development/Eddie Papazian/604-731-8261/ L–Avison Young/Darrell Hurst/Stephanie Loucas/604-647-5069

71,236

2007

n/a

$26

$12

5172 Kingsway/Burlington Square

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

23,000

n/a

25,984

3

75

1982

1991

$15

$13.05

4180 Lougheed Hwy/Lougheed Commerce M–Standard Life Assurance/604-664-8040/L–Cushman & Wakefield/Roger Leggatt/604-640-5882 Court I

86,521

n/a

86,521

6

453

1984

n/a

n/a

$13.60

4190 Lougheed Hwy/Lougheed Commerce M–Standard Life Assurance/604-664-8040/L–Cushman & Wakefield/Roger Leggatt/604-640-5882 Court II

69,973

n/a

69,973

5

453

1983

1996

n/a

$14.23

n/a

77,053

6

154

4664 Lougheed Hwy

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

n/a 195,883

2

343

1975

1999

$18

$11.72

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

2002

$12.50

$10.50

4300 North Fraser Way/Glenlyon Corporate Centre

M–Canada Lands Corp/604-824-5065/L–Cushman & Wakefield/Sean Ungemach/604-640-5823

41,522

n/a

41,522

2

115

2008

n/a

$21.95

$8.71

3700-3750 North Fraser Way/Boundary Centre

M–Bastion Development Corp/Eliana Evans/604-731-3500/ L–CBRE Ltd/Chris Maccauley/Angus Tone/604-662-5190

n/a 111,178

2

1990

n/a

$10.50

n/a

195,883

111,178

2700 Production Way/Production Court 3 M–Narland Management/604-681-2747/L–Colliers/Rob Chasmar/604-661-0822

117,031

n/a 134,171

6

296

1999

n/a

$19

$11.20

3292 Production Way/Lake City Centre

108,966

7,225 116,191

6

200

2008

n/a

$25

$13.39

M–Westminster Management/L–Cushman & Wakefield Ltd/Alex Morris/604-640-5806

6400 Roberts St/Sperling Plaza I

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

66,228

n/a

66,228

4

321

1975

2012

$16

$12.41

6450 Roberts St/Sperling Plaza II

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

65,396

n/a

65,396

4

321

1975

2012

$16

$12.41

1901 Rosser Ave/Madison Centre

M–Bosa Development/Dean Reed/604-294-2742/ L–Bosa Development/Meghan Kennedy/604-294-0666

61,106

n/a

61,106

8

2001

n/a

$22

$13.15

4170 Still Creek Dr/Willingdon Park Phase 2

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

80,085

n/a

80,085

4

1991

2014

n/a

$16.63

04_OFFICE SPACE 2015+DIRECTORY_96.indd 81

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2015-04-27 10:39 AM


82 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

AT I

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AV E

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NO

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OR

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S

UA SQ

TO

TA I RE

FIC

TA L

LS

SQ E

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

OF

Address/Building name

QU

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

4190 Still Creek Dr/Willingdon Park Phase 4

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

133,051

n/a 133,051

4

412

1999

n/a

n/a

$17.03

4260 Still Creek Dr/Willingdon Park Phase 3

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

149,008

n/a 149,008

5

529

1992

n/a

n/a

$14.95

4321 Still Creek Dr/Willingdon Park Phase 6

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

225,853

n/a 225,853

6

684

2001

n/a

n/a

$14.56

4350 Still Creek Dr/Willingdon Park Phase 8

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

91,574

n/a

91,574

4

333

2010

n/a

n/a

$14.61

4370 Still Creek Dr/Willingdon Park Phase 9

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

92,509

n/a

92,509

4

247

2010

n/a

n/a

$14.60

4401 Still Creek Dr/Willingdon Park Phase 5

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

70,600

n/a

70,600

3

223

1999

n/a

n/a

$17.55

n/a 102,000

2

340

1996

n/a

n/a

$11.89

31,057

n/a

31,057

3

50

2000

n/a

$19

$14

220,899

n/a

n/a

12

2015

n/a

n/a

$13.50

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

24,000

15,000

39,000

7

2013

n/a

$23

$12

2755 Lougheed Hwy/Poco Place

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

59,993 103,929 163,922

7

573

1981

2003

n/a

$16.50

2540 Shaughnessy St

M–Pacific Dawn Management/604-683-8843/L–Macdonald Realty/Bobbi Crandall/604-931-5551

30,069

3

55

1970

n/a

$18.50

3001 Wayburne Dr/Canada Way Business M–Touchstone Property Management/Donna McCrone/604-688-4340 / Park L–Avison Young/Darrell Hurst/Matthew Craig/604-687-7331

102,000

4475 Wayburne Dr/Technology Place@ BCIT

M–Discovery Parks/604-734-7275/L–Cushman & Wakefield/Roger Leggatt/604-640-5882

2025 Willingdon Ave/The SOLO District

M–Appia Group of Companies/604-294-2742/L–Bosa Development/Meghan Kennedy/604-294-0666

COQUITLAM 2950 Glen Dr/The Oasis

PORT COQUITLAM

n/a

30,069

$9

NEW WESTMINSTER

Vibrant. Urban. Uptown. 7,000 sq.ft.

with Exposed Ceilings

2,465 sq.ft. Top Floor

Fully Leased

1,125 sq.ft.

Boutique Office Space

First class office environments. Central Lower Mainland location. LEASING INFORMATION T 604 525 8866

E leasing@uptownpropertygroup.com

www.uptownpropertygroup.com

04_OFFICE SPACE 2015+DIRECTORY_96.indd 82

2015-04-27 10:39 AM


M–Dream Office Management/KIrby Leong/604-586-5101/ L–Avison Young/Darrell Hurst/604-687-7331

79,722

n/a

85,042

5

277 Brunette Ave/The Brewery District - Bldg 4

M–Wesgroup Properties/Rob Eyers/604-648-1817/ L–Avison Young/Matt Walker/Robin Buntain/604-647-5074

41,860

n/a

n/a

3

668 Carnarvon St/Begbie Court

L–JLL/Andrew Laurie/604-329-1122

23,913

n/a

23,913

3

713 Columbia St/Westminster Bldg

L–Avison Young/Darrell Hurst/Josh Sookero/604-647-5069

43,800

n/a

43,800

7

625 Fifth Ave/Westminster Medical Bldg

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

58,205

n/a

58,205

8

AT I

NG

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BU

NG

119

AR

KI

22

YE

PA R

100

ILT

ST AL

625 Agnes St/Queen’s Court

RE

LS

NO

ET FE RE ST

OR

EY

S

UA

TO

TA L

SQ

QU LS TA I RE

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

OF

Address/Building name

SQ

UA

AR

RE

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FE

FE

ET

ET

D

| 83

1981

1991

n/a

$11.44

2013

n/a

n/a

n/a

$12.04

1899

1998

$14

1912

n/a

$12

$7

1966

1997

n/a

$10.67

11 Eighth St/Anvil Centre Office Tower

L–Cushman & Wakefield/Jennifer Robertson/Roger Leggatt/604-640-5894

137,330

n/a 137,330

14

2014

n/a

n/a

$13

223 & 233 Nelson’s Cres/The Brewery District Bldg 2

M–Wesgroup Properties/Rob Eyers/604-648-1817/L–Avison Young/Josh Sookero/604-687-7331

60,000

48,000 108,000

6

2010

n/a

n/a

n/a

287 Nelson’s Crt/The Brewery District Bldg 1

M–Wesgroup Properties/Rob Eyers/604-648-1817/L–Avison Young/Matt Walker/604-647-5074

236,000

29,000 268,000

8

2012

n/a

n/a

$14.75

• •

960 Quayside Dr/First Capital Place

M–Dream Office Management Corp/604-586-5101/L–Colliers/Rob Chasmar/604-661-0822

48,094

16,998

65,092

4

130

1988

n/a

$20

$17.03

620 Royal Ave/Royal Avenue Centre

L–Avison Young/Darrell Hurst/Saundra Bahrini/604-647-5069

48,000

n/a

48,000

3

65

1980

n/a

n/a

$13.45

500 Sixth Ave/Queen’s Park West

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

20,000

7,000

27,000

4

48

2014

n/a

n/a

n/a

628 Sixth Ave/Royal Bank Bldg

M–Martello Property Services/Tony Akester/604-681-6544/ L–Cushman & Wakefield/Max Zessel/604-640-5824

60,755

13,929

74,684

6

140

2000

2014

$22

$13.68

550 Sixth St/Sixth and Sixth Bldg

M–Bentall Kennedy/David Haugen/604-661-5679/ L–Cushman Wakefield/Riger Leggatt/Andrew Laurie/604-683-6435

23,137

n/a

23,137

3

40

1962

n/a

n/a

$15.60

10,000

79

601 Sixth St/Uptown Centre

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

30,000

40,000

4

610 Sixth St/Royal City Centre

L–Colliers/Rob Chasmar/604-661-0822

80,255

n/a 159,404

2

M–Huntingdon Capital Corp/604-249-5110/L–Huntingdon Capital Corp/Lanie Thrower/604-249-5114

26,642

n/a 101,720

3

2001

n/a

n/a

n/a

1992

n/a

$16

$12.78

198

1940

n/a

$14

$10

RICHMOND 5400 Airport Rd S 8111 Anderson Rd/Anderson Bldg

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

25,400

n/a

n/a

14

1995

n/a

n/a

n/a

3820 Cessna Dr/BCIT Aerospace Technology Campus

M–BCIT/John Wong/L–Avison Young/Bill Elliott/604-647-5062

90,647

n/a

90,647

5

225

2007

n/a

n/a

$8.50

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

67,150

n/a

71,657

3

196

1998

n/a

$16.50

$8.43

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

69,286

n/a

69,286

3

230

1999

n/a

$16.50

$8.87

13551 Commerce Pkwy/Crestwood Corporate Centre 4

M–GWL Realty Advisors/Robert Kozlowski/604-586-1404/ L–GWL Realty Advisors/Peter Jenkins/604-713-8920

55,788

n/a

55,788

2

112

1990

2006

$19

$11.18

13571 Commerce Pkwy/Crestwood Corporate Centre 5

M–GWL Realty Advisors/Robert Kozlowski/604-586-1404/ L–GWL Realty Advisors/Peter Jenkins/604-713-8920

77,274

n/a

77,274

2

232

1992

2004

$19

$11.12

13575 Commerce Pkwy/Crestwood Corporate Centre 6

M–GWL Realty Advisors/Robert Kozlowski/604-586-1404/ L–GWL Realty Advisors/Peter Jenkins/604-713-8920

77,566

n/a

77,566

2

233

1993

2004

$19

$12.08

13775 Commerce Pkwy/Crestwood Corporate Centre 7

M–GWL Realty Advisors/Robert Kozlowski/604-586-1404/ L–GWL Realty Advisors/Peter Jenkins/604-713-8920

79,547

n/a

79,547

3

239

1995

2006

$19

$12.27

13777 Commerce Pkwy/Crestwood Corporate Centre 8

M–GWL Realty Advisors/Robert Kozlowski/604-586-1404/ L–GWL Realty Advisors/Peter Jenkins/604-713-8920

81,368

n/a

81,368

3

244

1996

2007

$19

$11.05

5611 Cooney Rd/Richmond Professional Bldg

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

30,714

n/a

41,555

3

1985

n/a

$18

$13.25

5811 Cooney Rd/Pacific Business Centre

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

99,360

n/a 104,227

6

251

1989

1995

$17

$13.89

11331 Coppersmith Way/Riverside Professional Centre

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

32,485

n/a

44,008

3

152

2002

n/a

$14.50

$9

11920 Forge Pl/Forge

L–Colliers/Ewen Johnston/Andrew Lord/604-661-0804

24,023

n/a

24,023

n/a

100

2001

n/a

$18

n/a

6651 Fraserwood Pl/Fraserwood Corporate Centre

M–Kennington Properties/Doug Cann/604-731-9149/L–Taurus Commercial/Cliff Raps/604-531-1685

90,419

n/a

90,419

2

286

1997

n/a

$11.50

$7.52

11120 Horseshoe Way/Riverside Place

M–Fraser Park Realty/604-568-7014/L–JLL/Mark Chambers/604-998-6005

55,370

n/a

58,418

3

118

1994

n/a

$12.95

$6.48

13700 International Pl/Crestwood Corporate Centre 2

M–GWL Realty Advisors/Robert Kozlowski/604-586-1404/ L–GWL Realty Advisors/Peter Jenkins/604-713-8920

81,713

n/a

81,713

3

221

1998

n/a

$19

$10.60

13711 International Pl/Crestwood Corporate Centre 10

M–GWL Realty Advisors/Robert Kozlowski/604-586-1404/ L–GWL Realty Advisors/Peter Jenkins/604-713-8920

81,000

n/a

81,000

3

2000

n/a

$19

$11.83

4600 Jacombs Rd/Delf Place

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

75,966

n/a

75,966

2

228

2001

n/a

$18

$10.18

3600 Lysander Lane

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

n/a 150,000

5

460

1989

2007

n/a

$13.44

04_OFFICE SPACE 2015+DIRECTORY_96.indd 83

150,000

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4840 Miller Rd/In’t Aviation Terminals

M–Huntingdon Capital Corp/604-249-5110/L–Huntingdon Capital Corp/Lanie Thrower/604-249-5114

30,451

n/a 166,122

2

531

1973

1979

n/a

n/a

5000 Miller Rd/Int’l Aviation Terminals V

M–Huntingdon Capital Corp/604-249-5110/L–Huntingdon Capital Corp/Lanie Thrower/604-249-5114

61,093

n/a 131,227

2

225

1988

n/a

n/a

n/a n/a

5200 Miller Rd/Int’l Aviation Terminals VI

M–Huntingdon Capital Corp/604-249-5110/L–Huntingdon Capital Corp/Lanie Thrower/604-249-5114

44,698

n/a

81,605

2

200

1990

n/a

n/a

5980 Miller Rd

M–Huntingdon Capital Corp/604-249-5110/L–Huntingdon Capital Corp/Lanie Thrower/604-249-5114

19,954

n/a

30,341

1

45

1989

n/a

n/a

n/a

4831-4851-4871 Miller Rd/Int’l Aviation Terminals IV

M–Huntingdon Capital Corp/604-249-5110/L–Huntingdon Capital Corp/Lanie Thrower/604-249-5114

49,543

n/a 126,705

2

220

1984

n/a

n/a

n/a

4940 No 3 Rd/Alderbridge Place

M–Colliers/Barry Holmes/604-662-2623/L–Colliers/Jason Roberts/604-249-3158

50,355

43,938

94,293

3

1976

n/a

$18

$13.78

12033 Riverside Way/Riverside Business Centre

M–Sherwood Corporate Services/ L–Cushman & Wakefield/Matthew MacLean/Lee Hester/604-683-3111

34,426

n/a

34,426

3

2008

n/a

n/a

$8

BO

M

A

OP

AV CO ER A ST GE

VA TE

RE

AR

GE RA

YE ST LA

AV E

ILT

RE

ST AL

BU

NG KI

AR YE

PA R

NT AL

LS

NO

ET FE RE OR

EY

S

UA ST

RE

TO

TA L

SQ

QU LS TA I

E FIC

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

OF

Address/Building name

SQ

UA

AR

RE

E

FE

FE

ET

ET

D

Office building directory

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

$11.74

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

$11.95

10271 Shellbridge Way/Airport Executive M–Bentall Kennedy/Doug Astbury/604-233-1069/L–Bentall Kennedy/Tim Evans/604-233-1009 Park 10

96,816

n/a

96,816

3

315

1998

n/a

n/a

$11.02

10451 Shellbridge Way/Airport Executive M–Bentall Kennedy/Doug Astbury/604-233-1069/L–Bentall Kennedy/Tim Evans/604-233-1009 Park 1

62,263

n/a

62,263

2

156

1976

1992

n/a

$10.87

10691 Shellbridge Way/Airport Executive M–Bentall Kennedy/Doug Astbury/604-233-1069/L–Bentall Kennedy/Tim Evans/604-233-1009 Park 4

30,579

n/a

30,579

1

118

1978

2006

n/a

$11.74

10991 Shellbridge Way/Airport Executive M–Bentall Kennedy/Doug Astbury/604-233-1069/L–Bentall Kennedy/Tim Evans/604-233-1009 Park 7

79,742

n/a

79,742

3

249

2002

n/a

n/a

$11.14

13071 Vanier Pl/Richmond Corporate Centre 5

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

26,062

n/a

26,062

2

85

1992

n/a

n/a

$10.95

13091 Vanier Pl/Richmond Corporate Centre 6

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

50,315

n/a

50,315

3

1998

n/a

n/a

$10.95

13120 Vanier Pl/Richmond Corporate Centre 2

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

37,007

n/a

37,007

2

1989

2003

$15.50

$5.95

13160 Vanier Pl/Richmond Corporate Centre 1

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

26,343

n/a

58,908

1

1989

2005

$12.50

$6.50

3011 & 3031 Viking Way/Knightsbridge Business Park

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

38,446

n/a

38,562

2

1974

2004

$9.50

$11.55

6011 Westminster Hwy/Brighouse West

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

30,046

n/a

30,046

2

1981

n/a

n/a

$8.95

108

SURREY 15127 100 Ave/Guildford Landmark

L–Avison Young/Darrell Hurst/Saundra Bahrini/604-687-7331

45,000

n/a

45,000

4

305

1991

n/a

n/a

$13.26

15117 101st Ave/Coast Capital Guildford

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

53,818

n/a

53,818

4

119

1985

1998

$18

$11

15258 102A Ave/Advantage Guildford

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

48,381

n/a

59,877

4

2014

n/a

$22

n/a

14178 104 Ave/104th Avenue Centre

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

15225 104 Ave/Guildford Office Park

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

13401 108 Ave/Station Tower

M–Dream Office Management/604-586-5101/ L–Avison Young/Darrell Hurst/Josh Sookero/604-647-5069

259,474 48,856 208,290

n/a 259,474

4

674

2005

n/a

n/a

$10

n/a

48,856

4

120

1978

1999

$15

$13.08

13,145 221,435

n/a

437

1994

n/a

n/a

$14.96

$14

13479 108th Ave/Gateway Place

M–Bosa Properties/L–Avison Young/Darrell Hurst/Josh Sookero/604-647-5069

60,000

38,500

98,500

4

2016

n/a

n/a

8338 120 St/A&A Plaza

L–Colliers/Mike Grewal/604-694-7200

20,575

n/a

n/a

2

1996

n/a

$15

$5

8820 120 St/Mann Office

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

21,369

n/a

21,369

3

49

2015

n/a

$18

n/a

8128 128 St/Payal Business Centre

L–Colliers/Mike Grewal/604-537-5825

n/a

n/a

$14.50

n/a

365

2001

n/a

n/a

$9

2001

n/a

n/a

$9.50 $10.32

20,000

n/a

20,000

2

7485 130 St/Surrey Central Business Park V M–Redstone Group/604-596-5622/L–Avison Young/Darrell Hurst/Josh Sookero/604-647-5069

65,673

n/a

65,673

3

7445 132 St/Surrey Central Business Park IV M–Redstone Group/604-596-5622/L–Avison Young/Darrell Hurst/Josh Sookero/604-647-5069

72,500

n/a

72,500

2

7455 132 St/Surrey Central Business Park I M–Redstone Group/604-596-5622/L–Avison Young/Darrell Hurst/Josh Sookero/604-647-5069

55,000

n/a

55,000

2 1,200

1993

n/a

n/a

7495 132 St/Surrey Central Business Park II M–Redstone Group/604-596-5622/L–Avison Young/Darrell Hurst/Josh Sookero/604-647-5069

72,000

n/a

72,000

2

1994

n/a

n/a

$9.50

7565 132 St/Surrey Central Business Park III M–Redstone Group/604-596-5622/L–Avison Young/Darrell Hurst/Josh Sookero/604-647-5069

82,000

n/a

82,000

2

1996

n/a

n/a

$9.50

7327 137 St/Centre of Newton Phase II

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

7337 137 St/Newton Landmark II

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

255

3,990

5,093

45,083

4

140

2013

n/a

n/a

$10

48,880

n/a

48,880

4

90

1996

n/a

$14

$9.21

189

$13.98

1688 152 St/Ocean Pointe

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

56,000

22,000

78,000

4

5446 152 St/Panorama Business Centre

L–Colliers/Jason Teahen/604-661-0847

28,930

n/a

28,930

3

5455 152 St/Benchmark Business Centre I

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

112,500

n/a 112,500

3

400

5477 152 St/Benchmark Business Centre II

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

112,500

n/a 112,500

3

340

10090 152 St/Impact Plaza

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

n/a

3

10470 152 St/Guildford Corporate Centre

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

10183 152A St/Guildford Central

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

04_OFFICE SPACE 2015+DIRECTORY_96.indd 84

30,000 102,083 21,000

36,834

16,506 129,878 n/a

21,000

6 3

336

2001

n/a

$15

2012

n/a

$18.50

$8.50

2008

n/a

$16.50

$9.60

2010

n/a

$16.50

$9.17

1990

n/a

$14

$12.57

1997

n/a

n/a

$11.70

2014

n/a

$15

n/a

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10190 152A St

M–Taurus Commercial/Cliff Raps/778-388-2543/L–Frontline Real Estate/Todd Bohn/604-676-4138

24,000

n/a

24,000

3

2003

n/a

$14.50

$7.36

10334 152A St/Guildford Commerce Crt Bldg D

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

36,900

n/a

36,900

3

210

1980

1996

$14

$12.16

n/a 100,550

5

189

2014

n/a

n/a

n/a

n/a

3

2013

n/a

$24

$9.50

10189 153 St/GTC Professional Bldg

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

5577 153A St/Panorama Place Bldg 1

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

100,550 44,089

n/a

12761 16 Ave/Pacific Building

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

20,000

n/a

20,000

3

1988

n/a

$14

$10.40

5660-5668 192 St

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

30,795

n/a

30,795

2

1995

n/a

$13

$6.75

0 200 St/Gateway Professional Campus

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

24,000

n/a

24,000

3

n/a

n/a

$22

n/a

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

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

111,000

n/a 111,000

4

2014

n/a

$24

$8

15252 32 Ave/Morgan Creek Corporate Centre

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

n/a

3

2003

n/a

$19

$8.50

70,000

70,000

250

14245 56th Ave

L–Colliers/Jason Teahen/Rob Chasmar/604-661-0847

77,878

n/a

77,878

3

2006

n/a

$20

$9.50

14928 56th Ave

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

53,969

n/a

53,969

3

2008

n/a

$23

$7.50

n/a

12992 76 Ave/Newton Commerce Centre

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

44,243

n/a

2

1998

2013

$12.50

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

n/a

88 Ave & 124 St/Triton Centre

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

13737 96 Ave/City Centre Professional Bldg - Phase 1

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

26,000 119,000

26,000

M BO

$6

52,000

2

540

2015

n/a

n/a

n/a

23,000 142,000

12

600

2014

n/a

$35

$8.09 $9.73

10252 City Pkway/Ranmore Centre

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

28,000

n/a

28,000

3

1982

n/a

$14

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

65,000

n/a

65,000

4

2011

n/a

$20.50

7380 King George Blvd/Newton Village

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

20,000

40,000

60,000

3

1995

n/a

$18

$11.36

7404 King George Blvd/King’s Cross Shopping Centre

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

32,000 250,000 282,000

1

n/a

n/a

$18.50

$13.35

$8

9180 King George Blvd/Leader Bldg

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

23,500

n/a

25,000

2

1994

n/a

$16

$10.44

9801 King George Blvd/Surrey Village Tower

M–Surrey Village Corp/L–Colliers/Jason Teahen/604-661-0847

40,000

n/a

40,000

3

1975

n/a

$14

$7.45

25,000 195,650

10

2015

n/a

$30

$14

160,000

$14.17

2626 Croydon Dr/Grandview Business Centre

9808-9900 King George Blvd/King George M–Triovest/L–Colliers/Rob Chasmar/604-661-0822 Station

A

OP

AV CO ER A ST GE

VA TE

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AV E

ILT

RE

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BU

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LS

NO

ET FE RE ST

OR

EY

S

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

| 85

DELTA 8425 120 St/Delta Medical Arts Bldg

L–Macdonald Commercial/Vic Sandhar/604-590-2444

20,000

n/a

20,000

3

1975

n/a

n/a

$15

M–First Capital Asset Management/Alex Uy/604-244-0428/ L–First Capital Realty/Renee St Germaine/778-788-1678

25,000 100,000 125,000

2

1990

n/a

$16

$13.78

LANGLEY 6339 200 St/Langley Crossing 8661 201 St/Langley 200 Business Ctr II

L–Cushman & Wakefield Ltd/Roger Leggatt/Max Zessel/604-683-3111

68,000

n/a

68,000

4

2012

n/a

n/a

$11.50

9525 201 St/Golden Ears Business Centre

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

60,800

16,800

77,000

3

240

2012

n/a

$17.50

$7.90

9440 202 St/Walnut Grove Commerce Centre

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

n/a 124,307

3

400

1999

n/a

$22

$9.64

60

1977

n/a

$13

$7

n/a

n/a

n/a

$16.48

124,307

20316 56 Ave/Langley Professional Bldg

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

25,997

n/a

25,997

2

19916 64 Ave

L–Colliers/Jason Teahen/Dylan Sohi/604-661-0847

25,000

n/a

n/a

2

20353 64 Ave/Langley Town Centre

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

53,177

n/a

53,177

2

200

1994

2013

$20

$7.75

20434 64 Ave/Willowbrook Business Centre M–Concert Realty Services Ltd/Shannon Gibbs/604-602-3720/ L–Re/Max Commercial Advantage/Gord MacPherson/604-510-5555

52,805

n/a 100,000

2

325

2001

n/a

$15

$7.50

20338 65 Ave/Township of Langley Civic Bldg

L–Colliers/Jason Teahen/Dylan Sohi/604-661-0847

78,924

n/a

78,924

4

279

2000

n/a

n/a

$7.19

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

20780 Willoughby Town Centre Dr/ Willoughby Town Centre

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

22,281

n/a

n/a

3

2013

n/a

n/a

$12.79

M–Warrington PCI/Chris Kasianchuk/L–Cushman Wakefield/Craig Ballantyne/604-683-3111

90,000

n/a

90,000

6

2003

n/a

$16.76

$11.15

24,000 165,000

9

2015

n/a

n/a

MAPLE RIDGE 22470 Dewdney Trunk Rd/Maple Ridge Business Centre

500

PORT MOODY 220 Brew St/Suter Brook Village

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

04_OFFICE SPACE 2015+DIRECTORY_96.indd 85

119,355

n/a

2015-04-27 10:39 AM


86 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

INDUSTRIAL/OFFICE PARK DIRECTORY Vancouver—p87

WEST VANCOUVER nad

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

aH wy

c-n

c/m

Burrard Inlet

Hasti

ngs

c-l

Clearbrook (off map)

Burnaby—p87–88 Hw y Barnet

SFU

Nanaimo

a/o

b[n

ghe

ed

a/r

Kin

Oak

Granville

Dunbar

Cambie

gsw

y

i/r

i-k

ay

BURNABY

COQUITLAM

i-l Lougheed

e/o

Fra

iver rR se d/l

er

wy

i/m

i=m

Strait of Georgia

Westminster Hwy

RICHMOND

S ou th Ar

e/p

ALASKA

QUEEN CHARLOTTE

se

d/s

g-k

DELTA NORTHWEST TERRITORIES

Fra

g/p

g/o

YUKON

g/l

Highway 91

e-k

iver er R

e/q

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

wy

New Westminster—p91 i=l i=m

d/q

Brunette New Westminster South

North Vancouver City—p91 c/m

MacKay-Bewicke

North Vancouver District—p91

Highway 10

c-l c-n

Lynnmour Norgate

Pitt Meadows—p91

Highway 99

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

ALBERTA

Port Coquitlam—p91–92

BRITISH COLUMBIA

VANCOUVER ISLAND VANCOUVER VICTORIA SEATTLE

Annacis Island Deas Slough River Road East Tilbury Gloucester Estates (off map) Langley City (off map) Northwest Langley (off map) Willowbrook (off map)

rH

SURREY King George Highway

m

s Fra

Cape Horn Mayfair Pacific Reach

Langley—p90

Richmond Freeway

e/n

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

Delta—p88–90 H

e/m

NEW WESTMINSTER

a nad

e/t

North A a/q rm Fra ser R iv

i/l

b/m b/q b/r a s-C

e-p

Marine Dr

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

Coquitlam—p88

Hwy

b/r b/m b/q n Tra

a/s

i=l

Boundary Rd

49th Avenue

Hw

i-m

41st Avenue

a/t

Lou

i/s

a-k

VANCOUVER

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

Abbotsford—p87

PORT MOODY

a-l

English Bay UBC

India n Ar m

Trans-C a

NORTH VANCOUVER

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

Port Moody—p92 b[n WASHINGTON

Boundary Bay

WHITE ROCK

How to use the industrial listings On the following pages are listings of industrial park areas and sites. Each area includes a reference number to locate a property on the map above. The listings are organized by area and the district’s specific name (for example, Burnaby/Big Bend). Underneath each area are the owner/management/leasing company name, a contact name, telephone number, the number of buildings, total rentable area in square feet, the bay size range in square feet and park size. The availability of features such as dock loads, store yards, warehouses, retail spaces and access to bridge and rail is also indicated.

04_OFFICE SPACE 2015+DIRECTORY_96.indd 86

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

St. John’s

Richmond—p92–94 e/m e/n e/o e/p e/q e/t e-k e-p

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

Surrey—p94 d/l

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

2015-04-27 10:39 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

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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 .

| 87

VANCOUVER Clark Drive 1000 Parker St/M–Beedie Group/L–Beedie Group; Blake Asselstine/604-909-8720

1

166,000

1355 Parker St/L–DTZ Vancouver; Ryan Saunders/Mitch Ellis/604-630-3384

1

22,350

1

127,645

1

20,900

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 Investments; Faye Tam/604-602-6450

3

119,876

• •

Fraserview Shoreline Business Centre/508-598 East Kent Ave S/O–Beedie Group/ L–CBRE Ltd; Joel Barnett/Steve Brooke/Jason Kiselbach/604-662-3000

18,069

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

Marine Drive

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

2

65,500

Kent Corporate Centre/625 Kent Ave W/M–GWL Realty Advisors/L–GWL Realty Advisors; Blair Stewart/604-713-8902

1

49,000

6 2,103-5,883

• •

6.03

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

1

43,340

8383 Fraser St/L–CBRE Ltd; Bruce Hynds/Harry Ghag/604-662-5112

1

126,764

6.55 6.03

Kent Corporate Centre/655 West Kent Ave N/M–GWL Realty Advisors/L–DTZ Vancouver; Rand Thomson/604-630-3393

1

31,946

250-290 Marine Dr SW/L–Value Property Group; Jim Karkoglou/604-606-7016

2

60,600

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

1

166,666

6.65

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

1

49,000

6.03

1

150,624

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

1

46,000

1715 Cook St/L–DTZ Vancouver; Mitch Ellis /Ryan Saunders/604-630-3383

1

24,440

780 Cordova St E/L–CBRE Ltd; Darren Starek/604-662-3000

1

26,286

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

1

29,100

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

Mt. Pleasant Cambie-Main • 0.28

Powell •

• •

ABBOTSFORD Clearbrook Glass World Industrial Park/2122 Queen St/L–Avison Young; Michael Farrell/604-646-8388

1

64,800

2120 Paramount Cres/L–Cushman & Wakefield Ltd; Jot Mattu/Kevin Volz/604-639-9352

1

44,238

6976-6978 Palm Ave/L–DTZ Vancouver; Ryan Barichello/Chris McIntyre/604-630-3392

2

16,250

6228 Beresford St/L–DTZ Vancouver; Scott Primrose/John Primrose/604-895-2229

1

60,400

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

5

320,467

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

1

25,272

5035 Beresford St/L–DTZ Vancouver; Ryan Barichello/Chris McIntyre/604-630-3371

1

14,364

BURNABY Beresford

52,02432,0467

2.35

48.24

0.46

• •

Big Bend Pitpar/7342 Winston St/M–Bosa Development/L–Avison Young; Josh Sookero/604-647-5091

1

115,053

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

1

61,499

12.58

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

7

194,174

9.66

Glenwood Industrial Estates Phase I/8038 Glenwood Dr/L–Cushman & Wakefield Ltd; Rick Eastman/604-640-5863

1

24,951

2.81

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

1

53,227

Spire Corporate Centre/7635 North Fraser Way/L–DTZ Vancouver Real Estate; Mitch Ellis/Ryan Saunders/604-630-3383

1

19,100

3979 Marine Way/L–CBRE Ltd; Joe Inkster/Jason Kiselbach/604-662-3000

1

60,500

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

4

215,000

4,900

• •

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

2

200,000

8820 Northbrook Crt/L–Cushman & Wakefield; Robert Stokes/Michael Thompson/604-640-5835

1

66,048

3

New Haven Business Park/8508-8620 Glenlyon Pkwy/M–Amacon/ L–CBRE Ltd; Bruce Hynds/Joe Inkster/Jason Kiselbach/604-662-3000

8

207,000

20

• •

Marine Way Business Park/3888 North Fraser Way/L–Colliers; Russ Bougie/Brian MacKenzie/604-661-0871

1

100,000

Kask Corporate Centre/9000 Bill Fox Way/M–Kask Ventures Corp/L–Colliers; Russ Bougie/Adam Mitchell/604-694-7207

2

63,568

8830 Northbrook Crt/L–Cushman & Wakefield Ltd; Robert Stokes/Mike Thompson/604-640-5835

1

50,500

2.09

Glenwood 3/5895 Trapp Ave/L–Cushman & Wakefield Ltd; Lee Hester/Mike Thompson/604-640-5809

1

42,662

2.44

8080 North Fraser Way/M–Beedie Group/L–Colliers; Darren Cannon/Andrew Lord/604-662-2637

1

114,659

Burnaby Business Centre/8015 North Fraser Way/L–Cushman & Wakefield Ltd; Bart Vanstaalduinen/604-640-5871

1

60,963

3

8125 North Fraser Way/L–Colliers; Russ Bougie/Blake Davies/604-661-0871

1

42,463

2.05

04_OFFICE SPACE 2015+DIRECTORY_96.indd 87

• •

2015-04-27 10:39 AM


88 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

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ES CR

AD

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CK

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170,000

2.44

DO

5

K

33,000

PA R

48,518

1

–SSIZE Q. RA F T NG . E

1

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

BA Y

7575 North Fraser Way/L–CBRE Ltd; Joe Inkster/Fraser Rowland/604-662-3000

M

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

NU

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

Industrial/office park directory

• •

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

10.39

Eastlake Campus/8335 Eastlake Dr/M–Sun Life Financial/L–Cushman & Wakefield Ltd; Max Zessel/Roger Leggatt/604-640-5824 6

310,000

2,000-100,000 16.5

3162-3168 Thunderbird Cres/L–DTZ Vancouver; Rand Thomson/604-630-3393

2

54,521

23,791

4091 McConnell Crt/L–Colliers; Ewen Johnston/604-661-0804

1

40,000

21,095-26,095

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

1

288,776

11,085

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

1

49,984

2

2961-2971 Lake City Way/L–DTZ Vancouver Real Estate; Steve Caldwell/Steve McIntyre/604-895-2224

2

33,603

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

3

160,000

9

8411 Lougheed Hwy/L–Colliers; Russ Bougie/Ewen Johnston/604-661-0871

1

53,885

1

22,000

0.66

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

1

110,000

23.2

2.93

• •

• •

Lougheed-Douglas 3810 1st Ave/L–Cushman & Wakefield Ltd; Flavio Unti/604-640-5889

Still Creek •

5371 Regent St/L–DTZ Vancouver; Steve Caldwell/Chris McIntyre/604-895-2224

1

41,480

2.02

4455 Alaska St/L–DTZ Vancouver Real Estate; Steve Caldwell/Chris McIntyre/604-895-2224

1

26,430

0.76

3455 Gardner Crt/L–Cushman & Wakefield Ltd; Mike Thompson/Sean Ungemach/604-640-5836

1

41,620

2.47

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

1

56,100

4

3975 Kitchener St/L–DTZ Vancouver; Chris McIntyre/604-630-3392

1

25,056

• •

Willingdon-Canada Way Imperial Square Business Park/3000-3290 Beta Ave/M–GWL Realty/L–DTZ Vancouver; Rand Thomson/604-630-3393 4514 Dawson St/L–JLL; Scott McDonald/604-998-6020

215,000 1

2,461-7,553

38,815

Winston-Government 7618-7680 Winston St/O–Taymor Investments/L–DTZ Vancouver; Rand Thomson/604-630-3393

5

43,392

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

1

45,458

4157-4165 McConnell Dr/L–Cushman & Wakefield Ltd; Sean Ungemach/Jordan Sengara/604-640-5823

1

30,900

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

1

149,224

8130-8176 Winston St/L–Avison Young; Kyle Blyth/Ben Lutes/604-647-5088

1

64,749

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

1

20,000

Lakeview Business Park/4288 Lozells Ave/M–Rockwell Pacific/L–Re/Max Central; Chris Davies/Peter Hall/604-718-7300

1

35,000

2,752-3,685

54,105

• •

5

8.16

• •

• •

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

1

85,009

4150-4154 McConnell Dr/L–Cushman & Wakefield Ltd; Sean Ungemach/Jordan Sengara/604-640-5823

1

112,419

4.77

7069 Winston St/L–Cushman & Wakefield Ltd; Sean Ungemach/Michael Thompson/604-640-5823

1

56,400

2.69

4150 Phillips Ave/L–JLL; Bruno Fiorvento/604-998-6006

1

25,539

3686 Bainbridge Ave/L–CBRE Ltd; Joe Inkster/Jason Kiselbach/604-662-4134

1

28,686

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

1

66,431

1

25,600

COQUITLAM Cape Horn Pacific Reach Business Park/1550 Hartley Ave/L–Cushman & Wakefield Ltd; Kevin Volz/Rick Eastman/604-640-5851

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

2

46,930

81 Golden Dr/O–Newcorp Properties Ltd/M–Onni Property Management/L–Avison Young; Kyle Blyth/Ben Lutes/604-646-8382

2

108,438

• •

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

125,235

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

1

52,000

2.07

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

1

24,240

2.26

Mayfair Sq/185 Golden Dr/M–GWL Realty Advisors/L–DTZ Vancouver; Rand Thomson/604-630-3393

2

173,825

11,300

2.59

Mayfair Industrial Park/84 North Bend St/O–Pacific Star Properties/M–Pinnacle Int’l/ L–Cushman & Wakefield Ltd; Rick Eastman/Kevin Volz/604-640-5863

1

45,520

5,600

2

• •

Mayfair Industrial Park/2388 Canoe Ave/L–Colliers; Todd Scarlett/Ewen Johnston/604-662-2639

1

44,942

Mayfair Industrial Park/2370 Canoe Ave/L–Colliers; Ewen Johnston/Todd Scarlett/604-661-0804

1

43,361

3

90,000

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

1

Cliveden West Business Centre/1585-1595 Cliveden Ave/O–Pensionfund Realty/M–Morguard Investments/ L–Cushman & Wakefield Ltd; Andrew Green/Kevin Volz/604-640-5800

2

801 Belgrave Way/L–CBRE Ltd; Gurch Ollek/604-662-5103

1

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

3.69

144,392

6.23

82,525

4.96

DELTA Annacis Island

Kingswood Business Park/1087-1121 Cliveden Ave/L–Cushman & Wakefield Ltd; Lee Hester/John Weiss/604-640-5809

04_OFFICE SPACE 2015+DIRECTORY_96.indd 88

44,000 140,679

• 7.64

• •

• •

• •

• •

2015-04-27 10:39 AM


Kingswood Business Park - Building B/700-736 Chester Rd/L–Cushman & Wakefield Ltd; Lee Hester/John Weiss/604-640-5809

142,142

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

BA Y

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

| 89

• •

1309-1319 Derwent Way/L–JLL; Casey Bell/Bruno Fiorvento/604-998-6006

1

43,298

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

1

45,000

927 Derwent Way/O–Grosvenor Canada/M–SDM Realty Advisors/L–Colliers; Andrew Lord/Roy Pat/604-662-2699

1

227,910

460-464 Fraserview Pl /L–CBRE Ltd; Gurch Ollek/Chris Vassos/604-662-3000

2

30,732

5

14.49

2.34

• •

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

2

117,000

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

1

110,000

1020 Derwent Way/O–Rimrock Investment/M–Bosa Development/L–Avison Young; Robert Gritten/Ryan Kerr/604-647-5063

1

251,222

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

1

73,000

Cliveden Centre 6/715-725 Eaton Way/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans/604-233-1009

2

105,269

6

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

1

73,478

8

10,547-40,547 13,000-26,000

4

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

1

126,611

8

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

1

91,897

4

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

1

106,987

4.65

Annacis Business Park/1405 Cliveden Ave/L–Cushman & Wakefield Ltd; Lee Hester/Bob Watt/604-640-5809

1

117,825

6.81

• •

55,050

51,822

610 Derwent Way/M–Beedie Group/L–Cushman & Wakefield Ltd; Lee Hester/604-640-5809

1

38,633

877 Cliveden Ave/L–JLL; Bruno Fiorvento/Casey Bell/604-998-6006

1

27,203

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

1

80,000

1

82,800 162,715

43,591

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

1

18,775

11.25

8760 River Rd/L–Cushman & Wakefield Ltd; Lee Hester/William (Bill) Hobbs/604-640-5809

1

32,830

10.15

1279 Derwent Way/L–JLL; Bruno Fiorvento/Casey Bell/604-998-6006

1

21,000

650-700 Derwent Way/L–JLL; Bruno Fiorvento/Casey Bell/604-998-6006

1

20,287

• •

• •

• • • • •

• • •

• • •

• •

• •

• •

• •

• •

1

1

• •

1

Millennium VI/1005 Derwent Way/L–Colliers; Darren Cannon/Stuart Morrison/604-662-2637

• •

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

1488 Derwent Way/L–DTZ Vancouver; Rand Thomson/604-630-3393

1080 Cliveden Ave/L–JLL; Casey Bell/604-998-6014

2.14

• •

Business to Backyard Q Epoxy Injection of Leaking Cracks

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BC's Recognized Experts in Concrete Repair Since 1978

04_OFFICE SPACE 2015+DIRECTORY_96.indd 89

2015-04-27 10:39 AM


90 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

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

1

67,500

Glenwood Commerce Centre/6165 Highway 17/O–Concert Real Estate/M–Concert Realty Services/ L–Cushman & Wakefield Ltd; John Weiss/Lee Hester/604-640-5856

4

78,324

Boundary Bay/8151 Churchill St/L–CBRE Ltd; Chris MacCauley/Joe Inkster/Jason Kiselbach/604-662-3000

2

648,600

Nordel Business Park/9425 River Rd/O–Vito Steel Boat & Barge/L–Colliers; Craig Kincaid-Smith/604-661-0883

3

36,500

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

1

32,120

Buckingham Industrial Estates/8140 92 St/L–Colliers; Don Viner/604-662-2613

1

65,000

2

42,347

TO

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

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Deas Slough • 200,000428,000

47

River Road East 6.78

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

3.46

Tilbury Industrial Park/7157-7187 Honeyman St/L–Cushman & Wakefield Ltd; Lee Hester/John Weiss/604-640-5809

2

59,000

Tilbury Business Park/7533 Progess Way/L–Cushman & Wakefield; John Weiss/Lee Hester/604-683-3111

1

38,500

7355 72 St/L–Cushman & Wakefield Ltd; Lee Hester/John Weiss/604-640-5809

1

34,000

8005 Alexander Rd/L–Cushman & Wakefield Ltd; John Weiss/604-640-5856

1

31,000

South Fraser Industrial Centre/7831-7979 Vantage Way/M–Triovest/L–Triovest; Jocelyne Legal/604-642-4504

2

277,412

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

1

121,822

River Way Business Park/7990 Hoskins St/L–Colliers; Vito DeCicco/Stefan Morissette/604-692-1428

1

111,006

Tilbury Business Park/7533 Progress Way/L–Cushman & Wakefield Ltd; Lee Hester/John Weiss/604-640-5809

1

38,500

2.58

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

1

98,553

9.4

Tilbury West Corporate Centre/6951 72 St/M–Beedie Group/L–Cushman & Wakefield Ltd; Lee Hester/Randy Swant/604-640-5809 1

2.58

4.7

204,114

7462 Progress Way/L–Cushman & Wakefield Ltd; Lee Hester/John Weiss/604-640-5809

1

49,815

Riverway Business Park/8189 River Way/M–Beedie Group/L–Beedie Group; Blake Asselstine/604-909-8720

1

43,029

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

1

64,112

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

2

95,000

3.22

• •

• •

• •

• •

• •

LANGLEY Gloucester Estates 3.19 4,108

5335 272 St/L–DTZ Vancouver; Tony Capolongo/604-630-3378

1

32,186

2

162,169

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

1

189,500

8.26

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

1

102,494

6.38

4.48

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

1

86,069

1

85,000

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

1

124,353

5.75

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

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

1.99

• •

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

1

83,730

4937 275 St/L–Colliers; Craig Kincaid-Smith/604-661-0883

1

48,038

2.34

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

1

26,000

3.01

• •

• •

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

1

27,134

25,238

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

5

75,794

650-9,770

Langley Bypass Home Style Centre/19600 Langley Bypass/M–Wesgroup Properties/ L–Frontline Real Estate; Garth White/Joe Lehman/604-668-5994

1

37,247

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

1

62,370

1,000-3,500

19939 56 Ave/L–Colliers; Mike Grewal/604-694-7200

• •

• • •

• •

Northwest Langley 401 Business Centre/9295-9355 198 St/O–bcIMC/M–GWL Realty Advisors/L–Colliers; Malcolm Earle/604-661-0895

6

205,050

10125 199B St/L–Colliers; Vito deCicco/Chris Brewster/604-681-4111

1

30,500

11

9499 198 St/L–DTZ Vancouver; Steve Caldwell/Sebastian Espinosa/604-895-2224

1

32,835

9703 199A St/L–Cushman & Wakefield Ltd; William (Bill) Hobbs/604-640-5808

1

47,000

2

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

1

32,500

1.68

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

3

159,430

9850 201 St/L–DTZ Vancouver; Sebastian Espinosa/Steve Caldwell/604-630-3396

1

77,300

27,817

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

3

108,465

8,251-2,000

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

2

45,463

14,375

3.66

• •

Willowbrook

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

4

689,528

15 Braid St/O–Bosa Development/M–604-294-0666 /L–Cushman & Wakefield; Flavio Unti/604-683-3111

1

78,141

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

2

78,000

1

15,530

32

4.49

2.7

• •

New Westminster South Queensborough Business Park/1135 Tanaka Crt/M–Beedie Group/L–Colliers; Andrew Lord/Stefan Morissette/604-681-4111

NORTH VANCOUVER CITY MacKay-Bewicke Harbourside Business Park/998 Harbourside Dr/L–DTZ Vancouver Real Estate; Ryan Barichello/Chris McIntryre/604-630-3371

1

50,000

Harbourside Landing/35 Gostick Pl/L–Avison Young; Matt Thomas/Kyle Blyth/604-646-8383

1

19,650

2,000-20,000

1408 Crown St/L–CBRE Ltd; Mehdi Shokri/604-662-5179

1

10,000

2,500-7,500

304-356 Harbour Ave/L–Re/Max Commercial; Ross Forman/604-980-3003

1

37,500

• •

52,000

1

26,950

Maple Meadows Corporate Centre Phase II/20285 Stewart Cres/L–Cushman & Wakefield; Kevin Volz/Rick Eastman/604-683-3111 1

24,070

2.42

5

650,000

35

1

64,302

NORTH VANCOUVER DISTRICT Lynnmour

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

Norgate Norgate Business Park/1305 Welch St/L–Re/Max Commercial; Jeff Pilkington/Ross Forman/604-980-3003

PITT MEADOWS Maple Meadows •

Pitt Meadows Airport Golden Ears Business Centre - Phase 1/19100 Airport Way/O–RPMG Holdings Ltd/M–Onni Property Management/ L–Avison Young; Ryan Kerr/John Lecky/604-647-5094

PORT COQUITLAM Mary Hill Estates 1772 Broadway St/O–Onni Group/M–Onni Property Management/L–Re/Max Central; Chris Davies/Peter Hall/604-718-7300

2,589

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04_OFFICE SPACE 2015+DIRECTORY_96.indd 91

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BCCCA CMI BCSCA PAMA

2015-04-27 10:39 AM


92 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

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Broadway Business Park/1585 Broadway St/O–Pacific Star Properties/M–Pinnacle Int’l/ L–DTZ Vancouver Real Estate; Steve Caldwell/Phil Gibbons/604-895-2224

NU

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

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Industrial/office park directory

24

1533 Broadway St/O–Onni Development/M–Onni Group/L–Re/Max Central; Peter Hall/Chris Davies/604-718-7300

1

113,208

1525 Broadway St/O–Onni Development/M–Onni Development Corp/L–Re/Max Central; Peter Hall/Chris Davies/604-718-7300

1

110,670

Broadway Buisness Park/1515 Broadway St/O–Mondi Properties/M–Pinnacle International/ L–DTZ Vancouver Real Estate; Steve Caldwell/Phil Gibbons/604-895-2224

1

50,000

10

1650 Broadway St/O–Daro Developments/L–Re/Max Central; Peter Hall/604-718-7300

1

66,000

1776 Broadway St/O–Onni Group/M–Onni Property Management/L–Re/Max Central; Chris Davies/Peter Hall/604-718-7300

1

64,302

1375 Kingsway Ave/L–CBRE Ltd; Joe Inkster/Jason Kiselbach/604-662-3000

1

55,988

1750 McLean Ave/L–Cushman & Wakefield; Kevin Volz/Rick Eastman/604-640-5851

1

49,648

1971 Broadway St/L–DTZ Vancouver Real Estate; Mitch Ellis/Steve Caldwell/604-630-3383

1

20,000

1765 Coast Meridian Rd/L–DTZ Vancouver Real Estate; Steve Caldwell/604-895-2224

1

2043 Kinsway Ave/L–Colliers; Greg Lane/604-692-1442

6 1,640

1.21

• •

120,660

6.12

2

64,434

3.15

Meridian Centre/1485 Coast Meridian Rd/L–Cushman & Wakefield Ltd; Kevin Volz/Rick Eastman/604-640-5851

1

46,800

3.89

River’s Edge Business Centre - Phase II/550 Sherling Pl/M–Transpacific Realty Advisors/ L–Cushman & Wakefield Ltd; Kevin Volz/Rick Eastman/604-640-5851

1

23,191

1371 Kebet Way/L–Colliers; Chris Morrison/604-661-0785

1

22,034

Meridian Industrial Park/1391 Kebet Way/M–Beedie Group/L–Cushman & Wakefield Ltd; Rick Eastman/604-640-5863

1

17,827

1

37,285

Meridian

1

• •

PORT MOODY St. John’s 1100 Lansdowne Dr/L–DTZ Vancouver; Rand Thomson/604-630-3393

3,000-6,000

RICHMOND Bridgeport-North Richmond 11080-11100-11120 Bridgeport Rd/L–DTZ Vancouver; Chris McIntyre/604-630-3392

3

55,000

3.6

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

15

Bridgeside Business Centre/12751-12759 Vulcan Way/O–Sun Life Financial/M–Bentall Kennedy/ L–Bentall Kennedy; Tim Evans/604-233-1009

4

382,000

15

11180 River Rd/L–DTZ Vancouver Real Estate; Anthony Lux/604-630-3377

1

27,100

11480-11482 River Rd/L–CBRE Ltd; Steve Brooke/Joel Barnett/604-662-3000

2

175,332

2480 Shell Rd/L–Avison Young; Ryan Kerr/Jeron Dillon/604-647-5094

1

27,500

H Brum Complex/2520-2560 Simpson Rd/M–Dorset Realty/L–Dorset Realty; Colin Schuss/604-270-1711

3

75,526

Bridgeport Business Park/9111 Beckwith Rd/L–CBRE Ltd; Joel Barnett/604-662-3000

1

22,010

16160-16268 River Rd/L–Colliers; Craig Kincaid-Smith/Russ Bougie/604-661-0871

4

50,400

5811 Cedarbridge Way/M–Grayco Developments/L–Colliers; Stefan Morissette/604-681-4111

1

18,832

Brighouse West/6011 Westminster Hwy/M–Bentall Kennedy/L–Bentall Kennedy; David Haugen/604-661-5679

1

30,046

Brighouse West/6151 Westminster Hwy/M–Bentall Kennedy/L–Bentall Kennedy; David Haugen/604-661-5679

1

13,800

Brighouse West Business Park/6551 Westminster Hwy/M–Bentall Kennedy/L–Bentall Kennedy; David Haugen/604-661-5679

1

30,492

Minoru Station/5726 Minoru Blvd/M–Dorset Realty Group/L–Dorset Realty Group; Colin Schuss/604-270-1711

1

28,476

Jacombs Business Centre/3771 Jacombs Rd/L–JLL; Casey Bell/604-998-6014

4

180,000

Knightsbridge Business Park/13140-13260 Delf Pl/M–GWL Realty Advisors/ L–Cushman & Wakefield Ltd; Noah Freedman/604-640-5858

7

252,072

13480 Crestwood Place/O–BUK Investments/M–BUK Investments/L–BUK Investments Ltd; John McGrandle/604-408-3002

3

125,000

Knightsbridge Business Park/3260 Viking Way/O–Concert Real Estate/M–Concert Realty Services/ L–Colliers; Andrew Lord/Stefan Morissette/604-681-4111

1

Knightsbridge Business Park/3331-3571 Viking Way/O–Concert Real Estate/M–Concert Realty Services/ L–Colliers; Andrew Lord/Stefan Morissette/604-681-4111 International Business Park/4020-4620 Viking Way/O–BUK Investments/M–BUK Investments/ L–BUK Investments Ltd; John McGrandle/604-408-3002

30,000-60,000

1.11

9.5

• 10.58

• •

• •

Brighouse •

• •

• •

Crestwood 5.15

7,000

14.66

5.43

65,800

3,600

15.7

3

297,040

3,600

15.7

6

360,000

13920 Bridgeport Rd/O–Mason Investments/M–Mason Investments/L–DTZ Vancouver; Rand Thomson/604-630-3393

1

58,921

13471 Crestwood Pl/L–CBRE Ltd; Bruce Richardson/Fraser Rowland/604-662-3000

1

51,322

Key West Business Centre/3760-3960 Jacombs Rd/O–IKEA/M–Arcturus Realty/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 Investments; Faye Tam/604-602-6450

2

50,582

Viking Way Business Centre/3671-3691 Viking Way/O–Pensionfund Realty/M–Morguard Investments/ L–Morguard Investments; Faye Tam/604-602-6450

2

69,350

1700 No 6 Rd/L–CBRE Ltd; Bruce Richardson/Fraser Rowland/604-662-3000

1

13040 Worster Crt/L–DTZ Vancouver; Mark Elworthy/Phil Gibbons/604-630-3379

1

1991 Savage Rd/L–DTZ Vancouver; Mitch Ellis/604-630-3383

1

Knighsbridge Business Park Bldg 2/13211 Delf Pl/M–GWL Realty Advisors/ L–Cushman & Wakefield Ltd; Noah Freedman/604-640-5858

1

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19 14,509 3,000

• •

• •

17.1

5.75

1,800-20,000

4

205,160

125,299

11.45

37,800

15,000-33,570

3.18

90,900

24,864

2015-04-27 10:39 AM


Knightsbridge Business Park Bldg 1/13231 Delf Pl/M–GWL Realty Advisors/ L–Cushman & Wakefield; Noah Freedman/604-640-5858

1

1711 Valmont Way/M–Dorset Realty Group/L–Dorset Realty Group; Colin Schuss/604-270-1711

1

27,568

Gateway Pacific Business Centre - Bldg C/13240 Worster Crt/M–Bentall Kennedy/L–Bentall Kennedy; Tim Evans/604-233-1009

1

147,378

2080 Van Dyke Pl/L–CBRE Ltd; Steve Brooke/Joel Barnett/604-662-3000

1

48,667

2051 Viceroy Pl/L–Cushman & Wakefield Ltd; Ron Emerson/Bob Watt/604-683-3111

1

54,311

14251 Burrows Rd/L–Avison Young; Ryan Kerr/604-647-5094

1

67,000

11600 Bridgeport Rd/M–Dorset Realty Group/L–Dorset Realty Group; Colin Schuss/604-270-1711

1

21,160

12811 Clarke Pl/M–Dorset Realty Group/L–Dorset Realty Group; Colin Schuss/604-270-1711

1

27,500

3851 Jacombs Rd/M–Porte Realty/L–Cushman & Wakefield Ltd; Matthew MacLean/604-640-5855

1

22,704

2551 No 6 Rd/L–CBRE Ltd; Bruce Richardson/Fraser Rowland/604-662-3000

1

131,320

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

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DO

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• • 15 2,222-21,514 2.11

30,000

7.1

• •

East Richmond 13080 Hamilton Rd/L–Colliers; Craig Kincaid-Smith/604-661-0883

1

23,625

1.58

23511 Dyke Rd/L–Farrell Estates; Stephanie Setchell/604-273-7503

1

48,669

2.01 2.17

Fraserwood Kingswood Industrial Park/7277 Nelson Rd/L–Colliers; Darren Cannon/Andrew Lord/604-681-4111

1

35,000

Shelter Island Commerce Centre /21300-21320 Gordon Way /O–Farrell Estates/M–Farrell Estates/ L–Farrell Estates; Stephanie Setchell/604-273-7503

2

180,000

Shelter Island Commerce Centre Marinaside/6900 Graybar Rd/O–Farrell Estates/M–Farrell Estates/ L–Farrell Estates; Stephanie Setchell/604-273-7503

1

180,000

6251 Graybar Rd/O–Farrell Estates/M–Farrell Estates/L–Farrell Estates; Stephanie Setchell/604-273-7503

1

30,000

Fraserwood Corporate Centre/22091 Fraserwood Way/L–DTZ Vancouver Real Estate; Anthony Lux/604-630-3377

1

26,010

Goldbar Business Plaza/20800 Westminster Hwy/L–Compass Point Real Estate; Mark Morrison/604-214-8645

1

48,000

21331 Gordon Way/O–Farrell Estates/M–Farrell Estates/L–Farrell Estates; Stephanie Setchell/604-273-7503

1

75,702

4

255,525

• • •

• •

Mitchell Island Greypointe Business Centre/12920-13180 Mitchell Rd/M–Greypointe Properties Ltd/L–Colliers; Darren Cannon/604-662-2637

15

600 500 400 300 200 100 0

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

We are business in Vancouver.

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94 | OFFICE SPACE 2015 PUBLISHED BY BUSINESS IN VANCOUVER

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

ES CR

AD

–A

DR

CK DO

IV

LO

ZE SI K PA R

–SSIZE Q. RA F T NG . E

BA Y

M

TO

NU

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

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

Industrial/office park directory

6.42

6.7

Riverside Richmond Business Park/14480-14488 Knox Way/O–RPMG Holdings/M–Onni Property Management/ L–Colliers; Andrew Lord/Stefan Morissette/604-681-4111

2

81,606

11920 Forge Pl/L–Colliers; Andrew Lord/Ewen Johnston/604-681-4111

1

24,023

Riverside Corporate Centre/11780-11784 Hammersmith Way/O–Porte Realty Ltd/M–604-732-7651/ L–Cushman & Wakefield Ltd; Matthew MacLean/604-640-5855

3

125,490

3,597

Riverside Centre/11151-11191 Horseshoe Way/L–Cushman & Wakefield Ltd; Ron Emerson/604-640-5921

3

173,000

12031-12051 Horseshoe Way/L–Cushman & Wakefield Ltd; Noah Freedman/Lee Hester/604-640-5858

2

21,000

11411 Blacksmith Pl/L–DTZ Vancouver Real Estate; Anthony Lux/604-630-3377

1

21,188

1

114,045

• •

Van Horne River Road Business Centre/7080-7100 River Rd/M–Dorset Realty Group/L–Dorset Realty Group Ltd; Colin Schuss/604-270-1711 9300 Van Horne Way/L–JLL; Bruno Fiorvento/Casey Bell/604-998-6006

240,313

• 60,000

5

83

• •

SURREY Bridgeview PacificLink Business Park/Scott Rd & 103A Ave/M–Wesgroup Properties/ L–Colliers; Stuart Morrison/Andrew Lord/Chris Brewster/604-681-4111

100,000

Campbell Heights Campbell Heights I/19097 26 Ave/L–Cushman & Wakefield; Sean Ungemach/604-640-5823

1

45,800

Campbell Heigts Business Centre Phase II /19133 26 Ave/O–Porte Realty/M–Porte Realty/ L–Cushman & Wakefield; Kevin Volz/Andrew Green/604-683-3111

1

28,325

Pacific Crossing/19050 25 Ave/L–Cushman & Wakefield; Andrew Green/604-640-5800

1

59,972

Campbell Heights/2133 191 St/L–Colliers; Vito DeCicco/Chris Morrison/604-681-4111

1

80,000

Campbell Heights Business Centre - Phase III/19148 27 Ave/L–Cushman & Wakefield; Kevin Volz/Andrew Green/604-640-5851

1

18,379

4,701-18,975

5.68

5.61

3.03

• • •

5.61

Campbell Heights Business Centre - Phase I/2677 192 St/L–Cushman & Wakefield Ltd; Kevin Volz/Andrew Green/604-640-5851

1

35,782

5.62

Campbell Heights Industrial Park/19074 22 Ave/L–Cushman & Wakefield; William (Bill) Hobbs/604-640-5808

1

43,842

1.95

19099 25 Ave/L–Cushman & Wakefield Ltd; Kevin Volz/Andrew Green/604-640-5851

1

39,000

2.52

Blackthorn IV/19347 24 Ave/M–Blackthorn Properties Inc/L–Cushman & Wakefield Ltd; Kevin Volz/Andrew Green/604-640-5800

1

99,007

4.92

Campbell Heights North Business Park/18905 32 Ave/ L–DTZ Vancouver Real Estate; Steve Caldwell/Sebastian Espinosa/Phil Gibbons/604-895-2224

1

30,000

1.54

Campbell Heights West/18810 24 Ave/L–Avison Young; Ryan Kerr/Robert Gritten/604-647-5094

1

400,000

20

Latimer Lake Business Centre/2567 192 St/L–Avison Young; John Eakin/604-646-8399

1

26,119

3250-3288 189 St/L–Colliers; Craig Kincaid-Smith/604-661-0883

1

22,500

Bridon Heights/2052 192 St/L–Colliers; Randy Heed/Malcolm Earle/604-661-0831

2

52,300

Campbell Heights North/19195 33 Ave/M–DTZ Vancouver/L–DTZ Vancouver; Steve Caldwell/Phil Gibbons/604-630-3386

1

15,365

Campbell Heights Commerce Centre/3338 190 St/L–Farrell Estates; Stephanie Setchell/604-273-7503

1

45,000

1

26,131

2

74,602

FAMA Business Park/15045-15050 54A Ave/M–Bentall Kennedy/L–Cushman & Wakefield; Andrew Green/604-640-5800

8

316,407

Pacific Highway Business Park/17660 65A Ave/M–REMI Realty/ L–Cushman & Wakefield Ltd; William (Bill) Hobbs/Michael Hardy/604-640-5808

4

65,000

Newton Omniplex Industrial Centre Bldg 4/13320 78 Ave/O–7788 Holdings/M–Newton Omniplex Industrial Centre/ L–Cushman & Wakefield; Kevin Volz/604-640-5851

6

234,000

• •

• •

• •

4,400-52,300 9,300-45,000

• •

Cloverdale Rymar Business Centre - Bldg D/18677 52 Ave/L–Cushman & Wakefield Ltd; Lee Hester/John Weiss/604-640-5809

3.98

East Newton Willowbrook Business Centre/19292 60 Ave/O–Benchmark Properties/M–Benchmark Properties/ L–Benchmark Properties; Leslie Koole/604-533-1138

850-10,150

• •

• •

• •

Newton

Double V Developments Bldg B/13255 78 Ave/L–Cushman & Wakefield; Kevin Volz/Andrew Green/604-640-5181

1

21,500

North Newton West Industrial Centre/8125-8145 130 St/L–Cushman & Wakefield; Kevin Volz/Andrew Green/604-683-3111

3

147,487

Double V Developments Bldg C/13281 78 Ave/L–Cushman & Wakefield; Kevin Volz/Andrew Green/604-640-5851

1

10,775

13120 76 Ave/L–CBRE Ltd; Harry Ghag/Nicholas Westlake/604-662-5112

1

38,358

9.6

5.53 5,945

Scott Road Industrial Centre/12058 86 Ave/L–Cushman & Wakefield; William (Bill) Hobbs/604-640-5808

1

56,588

3.92

Bear Creek/13140 88 Ave/L–Cushman & Wakefield Ltd; Jot Mattu/Kevin Volz/604-639-9352

1

44,000

1.06

Newton Omniplex Industrial Centre Bldg 3/13290 78 Ave/L–Cushman & Wakefield Ltd; Kevin Volz/Andrew Green/604-640-5851

1

58,500

Newton Omniplex Centre/13370 78 Ave/L–Cushman & Wakefield Ltd; Kevin Volz/Jot Mattu/604-640-5851

1

37,562

12091 88 Ave/L–Cushman & Wakefield Ltd; Bob Stokes/Kevin Volz/604-640-5835

1

195,960

13139 80 Ave/L–Colliers; Chris Morrison/604-661-0875

1

128,584

13.81

• •

• • •

• •

Port Kells 19103 95A Ave/L–DTZ Vancouver; Sebastian Espinosa/Steve Caldwell/604-630-3396

1

17,044

0.69

Centre on 96 Avenue/19358 96 Ave/O–Wesgroup/M–Wesgroup Properties/L–Wesgroup Properties; Rob Eyers/604-633-2898

1

176,000

6.3

Port Kells Industrial Park/18503 97 Ave/O–Wesgroup/L–Cushman & Wakefield; Kevin Volz/Jot Mattu/604-640-5851

2

23,654

9425 190 St/L–Avison Young; John Lecky/Michael Farrell/604-647-5061

1

62,800

2.89

Goodyear Tire Warehouse/9410 195 St/L–Cushman & Wakefield Ltd; William (Bill) Hobbs/604-640-5808

1

56,080

2.99

Golden Ears Industrial Centre/18802 96 Ave/L–Colliers; Malcolm Earle/604-661-0895

5

300,000

6.42

9255 194 St/M–Pure Industrial Real Estate Trust (PIRET)/L–Colliers; Chris Morrison/Chris Webster/Vito DeCicco/604-681-4111

1

89,682

18877 96 Ave/L–Colliers; Chris Brewster/604-662-2694

1

73,500

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1,100

20,000 23,846

• •

1.25

• •

• •

2015-04-27 10:40 AM


3383 Gilmore Way 510 Burrard Street

980 Howe Street 1095 West Pender Street

n e Look up. You’ll see our office towers in major cities across the globe including Vancouver, Toronto, New York, Chicago, Los Angeles, Hong Kong and Tokyo. We operate as John Hancock Real Estate in the U.S. and as Manulife Real Estate in all other parts of the world. While we’ve updated our company name, we continue to manage millions of square feet of commercial real estate for thousands of customers each day. Customers that call our buildings home. For leasing information, please contact: Paula Wright, Leasing Director T : 604.438.2302

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