VANCOUVER's LARGEST REAL ESTATE DEALS 2007

 


Business in Vancouver April 8-14, 2008; issue 963

Ranked by the size of the deal
Rank
'08
Property
Purchaser
Website
Seller
Website
Description of the deal
Date deal closed
Partial list of agents and advisors
Price
1Central City
13450 102nd Ave, Surrey
Blackwood Partners Inc
www.blackwoodpartners.com
Insurance Corporation of British Columbia
www.icbc.com
Sale of mixed use development with 490,000 square-foot retail mall and 25-storey office tower
July 20
Clark Wilson LLP, Borden Ladner Gervais LLP, Blake, Cassels & Grayson LLP, Cushman & Wakefield Lepage Inc.
$245.8 million
2NA
Oval Riverfront Lands
Aspac Developments Ltd
NA
City of Richmond
www.richmond.ca
Sale of 18.6 acres of development land adjacent to 2010 Winter Olympics speed skating oval in Richmond
March 26
NA
$141 million
3Millstream Village
2401 Millstream Rd, Victoria
GWL Realty Advisors
www.gwlrealtyadvisors.com
KS Village (Millstream) Inc
NA
Sale of 263,000 square-foot shopping centre
August 15
Colliers International, Cushman Wakefield Lepage Inc.
$97 million
4NA
Leech River Watershed Lands
Capital Region District
www.crd.bc.ca
Timberwest Forest Corp
www.timberwest.com
Victoria's Capital Region District acquires 9,700 hectares of land from TimberWest to add to regional park
December 21
McCarthy Tetrault LLP, Staples McDannold Stewart
$64.7 million
5 
4200 Canada Way, Burnaby
Cordova Equities Inc. c/o Morguard Investments
NA
Discovery Parks Inc
www.discoveryparks.com
Land sale
August 10
CB Richard Ellis
$52.1 million
6Coast Plaza Hotel/Denman Place Mall
1030 Denman St, Vancouver
0792203 BC Ltd
NA
Okabe North America Inc
www.okabe.co.jp/english
Sale of 35-storey hotel and shopping centre
October 1
Clark Wilson LLP, Gowling LaFleur Henderson, Koffman Kalef, Colliers International
$50 million
7Lansdowne Village Mall
450 Lansdowne St, Kamloops
Lansdowne Village Holdings Ltd
NA
Property Development Group
NA
Shopping centre sale
June 1
NA
$48 million
8NA
1337 Townline Rd, Abbotsford
Aeroterm Management Company
www.aeroterm.com
Cascade Aerospace Inc. (Conair Group Inc)
www.cascadeaerospace.com
231,000 square-foot airplane hangar
September 28
Cushman & Wakefield LePage
$45 million
9Hilton Vancouver Metrotown
6083 McKay Ave, Burnaby
Taihan Electric Wire Company
www.taihan.com
Dong Ah Canada Development Corp.
NA
Hotel sale
April 3
Colliers International
$41.2 million
10Bridge Studios
2400 Boundary Rd, Burnaby
Larco Investments Ltd
NA
BC Pavillion Corp
www.bcpavco.com
Sale of its multi-building film and television production facility
June 5
Colliers International
$40.1 million
11NA
158 13th St W, North Vancouver
Intracorp Harbourview LP
www.intracorp.ca
Corporation of the City of North Vancouver
www.cnv.org
Purchase of development lands
April 1
McCarthy Tetrault LLP, Bull Housser Tupper
$39.5 million
12NA
5900 Minoru Blvd, Richmond
Sunrise Berhad
www.sunrisebhd.com
Intergulf Investment Corporation
www.intergulf.com
Sale of commercial properties
December 13
Colliers International, Borden Ladner Gervais LLP, McCarthy Tetrault LLP
$35 million
13TV Towers
788 Hamilton St, Vancouver
0722250 BC Ltd
NA
Canadian Broadcasting Corporation
www.cbc.ca/bc
Purchase of development lands for new towers at CBC Vancouver's studios
October 1
McCarthy Tetrault LLP, Koffman Kalef LLP
$34.4 million
14NA
2838 Ross Lane, 2631 Douglas St, Victoria
Maestro LP
NA
Mark 7 Developments
NA
Purchase of assisted living property portfolio
October 26
Cushman & Wakefield LePage Inc.
$34.4 million
15Burnaby Business Park
8398 North Fraser Way, Burnaby
The Beedie Group
www.beediegroup.ca
Anthem Properties
www.anthemproperties.com
48.45 acres of industrial land
April 13
Cushman & Wakefield LePage Inc.
$34 million
16Inn at Westminster Quay
900-1000 Quayside Dr, New Westminster
Narland Investments Ltd
NA
LaSalle Investment Management (Canada) Ltd
www.lasalle.com
Sale of the hotel, office building and parking facilities
April 9
Colliers International
$32 million
17NA
520 - 560 Dominion St, Port Coquitlam
0794100 BC Ltd
NA
Dominion Triangle Ltd
NA
Land purchase
July 3
Cushman & Wakefield LePage Inc.
$31 million
18Three West Centre
6081 No. 3 Rd, Richmond
540207 BC Ltd
NA
Three West Centre Developments Ltd.
NA
Sale of commercial property
February 19
Colliers International
$30.2 million
19NA
1529 6th Ave W, Vancouver
Westbank Holdings Ltd, Abbey Woods Developments Ltd
NA
454022 BC Ltd, Hynes, Stephen A & Donna 454023 BC Ltd
NA
Apartment and hotel sale
January 23
CB Richard Ellis
$29.5 million
20Clover Square Village
17700 - 17790 56th Ave, Surrey
Wesbild Holdings Ltd
www.wesbild.com
Kenstone Holdings Ltd
NA
Retail mall sale
April 10
CB Richard Ellis
$28.7 million
21NA
7003 68th St, Delta
The Beedie Group
www.beediegroup.ca
CHUM Ltd
www.ctvglobemedia.com
Purchase of development land
July 18
Cushman & Wakefield LePage Inc.
$28.7 million
22Bosmans Hotel
1060 Howe St, Vancouver
Prima Properties Ltd
www.itc-group.com
Sunset Motor Inn
NA
Sale of downtown hotel
May 2
Colliers International, McCarthy Tetrault LLP, Quorum Business Lawyers
$26.1 million
23Delta Shoppers Mall
8037 120th St, Surrey
Artis REIT
www.artisreit.ca
Canadian Urban Management Ltd
www.canadianurban.com
Sale of shopping mall
September 25
Colliers International
$24 million
24Canada Way I & II
4259 - 4299 Canada Way Burnaby
LaSalle Acquisitions Corp c/o LaSalle Investment Mgt
www.lasalle.com
Great-West Life Assurance Company
www.greatwestlife.com
117,757 square-foot office building
September 4
CB Richard Ellis
$23.6 million
25Labatt Brewing Site
210 Brunette Ave, 232 & 234 Keary St, New Westminster
Wesgroup Investments (No. 79) Ltd
www.wesgroup.ca
Labatt Brewing Company Limited
www.labatt.com
Sale of old brewery site
August 22
Colliers International
$23.2 million
26Pacific Business Centre
5811 Cooney Rd, Richmond
Concert Real Estate Corp
www.concertproperties.com
2725321 Canada Inc c/o Bentall Real Estate Services Ltd
NA
Sale of 106,500 square-foot office building
August 20
CB Richard Ellis, McCarthy Tetrault LLP
$23.1 million
27NA
520 East Kent Ave S, Vancouver
The Beedie Group
www.beediegroup.ca
Greater Vancouver Transportation Authority
www.translink.bc.ca
Sale of industrial land
July 23
Colliers International
$23 million
28Birks Building
686 - 698 Hastings St W, Vancouver
624 - 640 West Hastings Title Company Ltd
NA
624-640 West Hastings Title Company Ltd
NA
Sale of 92,767 square-foot office building
January 8
Avison Young
$22.9 million
29NA
Lots 3A & 3B, Mt. Lehman Interchange, Abbotsford
Shape Properties
www.shapeproperties.com
BC Transportation Financing Authority
NA
Land purchase
April 4
Cushman & Wakefield LePage Inc.
$22.5 million
30Emerald Terrace Apartments
2045 Nelson St, Vancouver
Hollyburn Properties Ltd
NA
Park Investments Ltd
NA
Sale of residential highrise building
September 25
Colliers International
$21.5 million
31Kwomais United Church Camp
1367 128 St, Surrey
City of Surrey
www.surrey.ca
Metropolitan Council of the United Church of Canada
www.united-church.ca
Sale of church camp grounds
September 12
Colliers International
$20 million
31Former Vancouver South Claim Centre
8440 Cambie St, Vancouver
PCI Development Corp
www.pci-group.com
Insurance Corporation of British Columbia
www.icbc.com
Sale of development site beside the Canada Line Marine Station
December 18
Colliers International
$20 million
33Jim Pattison Toyota
1290 Burrard St., Vancouver
0785687 BC Ltd
NA
254316 BC Ltd
NA
10,000 square-foot auto dealership space
April 2
NA
$19.8 million
34Westbank Shopping Centre
2330 Highway 97 S Westbank, B.C.
PRR Trust
NA
Concert Real Estate and 0685264 BC Ltd
www.concertproperties.com
Sale of retail building
August 21
CB Richard Ellis, McCarthy Tetrault LLP
$19 million
35NA
11762 Laity St, Maple Ridge
Westpen Properties Ltd
NA
Fraser Health Authority
www.fraserhealth.ca
NA
June 4
Colliers International
$18.4 million
364400 Dominion
4400 Dominion, Burnaby
Dundee Realty Management
www.dundeerealty.com
Bentall Capital Limited
www.bentallcapital.com
Sale of 91,000 square-foot office building
June 15
Cushman & Wakefiled LePage Inc., Clark Wilson LLP
$18.3 million
37Harbourside Centre, Phases I & II
788 Harbourside Dr., North Vancouver
TPP Investments & PSS Investments
NA
Harbourside Projects Ltd.
NA
Sale of office building
January 1
NA
$18 million
38NA
240 6th Ave E, Vancouver
Amacon Land Corporation
www.amacon.com
Main Street Project LP
NA
Sale of commercial building
May 1
McCarthy Tetrault LLP, Kornseld, Mackoff Silber
$17.5 million
39NA
20142 113B Ave, Maple Ridge &, 233 1st Street W, North Vancouver
Transglobe Property Management Services Ltd
www.gotransglobe.com
Ardisonn Industries Limited & L-249 Holdings Ltd
NA
Office building sale
June 29
CB Richard Ellis
$17.3 million
40Royal Bank, New Westminster building
628 6th St., New Westminster
628 Sixth Avenue Ltd.
NA
Robin New Westminster Holdings Ltd
NA
69,510 square-foot office building
March 13
Lang Michener LLP
$17.3 million
41NA
Tembec Fernie Ridgemont, Fernie, BC
Glen Park Management Corp
NA
Tembec Industries Inc
www.tembec.com
Sale of 345 hectares of land
October 16
Colliers International
$17 million
42NA
1010 Derwent Way, Delta
Grosvenor Canada Ltd
www.grosvenor.com
Domtar Inc
www.domtar.com
Sale of 251,000 square-foot industrial building
May 9
Cushman & Wakefield LePage Inc.
$16.7 million
43First Capital Place
960 Quayside Dr, New Westminster
Dundee Properties Acquisition Inc
NA
FCP Office Property LP
NA
Office building
December 5
CB Richard Ellis, Clark Wilson LLP
$16.4 million
44NA
19572 94th Ave, Surrey
EAC Surrey Portfolios Inc
NA
Atlas Cold Storage Midwest Ltd
NA
78,479 square-foot industrial space
September 28
NA
$16.2 million
45NA
160th St, Surrey
Intracorp Southridge Development LP
www.intracorp.ca
Morgan Heights Development Corp. and CCI (Morgan Heights) LP
NA
Purchase of development lands
April 1
McCarthy Tetrault LLP, De Jager Volkenant & Co.
$16.1 million
46NA
8060 No. 6 Rd, Richmond
Sanna Enterprises
NA
Ecowaste Industries Ltd
www.ecowaste.com
Land sale
January 15
Colliers International, Lang Michener LLP
$16 million
47NA
2889 12th Ave E, Vancouver
Pacific Capital Real Estate Group
NA
Loblaws
www.loblaws.ca
Sale of commercial property
November 26
Colliers International
$15.6 million
48Royal Bank, Broadway
1489 Broadway W, Vancouver
PCI Projects Corp
NA
Insight Holdings Ltd, Ontario Place (1988) Development Inc
NA
Office building sale
January 31
CB Richard Ellis
$15.6 million
49VanTech Centre II
369 - 379 Terminal Ave, Vancouver
369 Terminal Holdings Ltd
NA
VanTech Centre Corp
NA
Office building sale
January 11
NA
$15.5 million
50Prince Albert Place
4550 Fraser St, 4545 Prince Albert, Vancouver
Ledingham McAllister
www.ledmac.com
The Fraser Villa Ltd
NA
Sale of multi-family residences
NA
Cushman & Wakefield LePage Inc.
$15.3 million

 

 


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