LandShareFall2014

8102019 LandShareFall2014

httpslidepdfcomreaderfulllandsharefall2014 112

FALL 2014

LandShare ReportMetro Vancouver



The land market in Metro Vancouver continues on its upward trajectory with developers continuing to be bull

on the market amidst growing awareness of land constraint issues Overall there has been a decrease in transactio

but sites have been trading at much higher values as some owners are being incented to sell

MARKET SUMMARY

INTRODUCTION

Source RealNet Canada Inc

TREND TOWARDS LOWER DENSITY

Medium- and low-density land sales in suburban Metro Vancouver

have increased tremendously since 2013 accounting for almost

50 of the total land sales year to date This was a signi1047297cant

increase from 2013 where medium- and low-desnity land sales

accounted for only 33 of total land sales This was largely due to

the introduction of Official Community Plans (OCPs) such as those

for Metrotown and Brentwood in Burnaby and the City Centre Plans

for Surrey and Richmond

Developers have realized the growing demand for lower-density

housing outside of suburan areasrsquo town centres and have begun

acquiring land designated for wood frame and townhouse uses

Examples include Woodbridge Homesrsquo acquisition of 46 acres in

the Deer Lake Park area in Burnaby for $23 million with plans to

develop 161 townhouse units In North Vancouver Polygon Homes

purchased close to 1047297ve acres of land in the Deep Cove area for $133

million Polygon has proposed to develop 80 units in three four-

storey wood frame apartment buildings and 15 townhouse units

Finally Zenterra Developments purchased a 76 acre site in the

Grandview area of Surrey for $98 million Zenterra has assembled

a previously purchased site for the development of a 156-unittownhouse complex

Colliersrsquo recently-released lsquoDeveloper Surveyrsquo documented 70

developers ranking their interest for development sites of different

densities on a scale from 1-5 Low-rise was the most popular choice

with an average rating of 35 and townhouse development sites

ranked the highest number of answers for lsquovery interestedrsquo

2014 MUNICIPAL ELECTIONS

Vancouverrsquos recent municipal election had the highest voter turn

in more than 10 years with 44 of Vancouverites visiting the po

stations around the city This 1047297gure is up from 34 in 2011

surpassed the Cityrsquos goal of 40 Gregor Robertson was re-elec

as Mayor defeating Kirk LaPointe by just over 10000 votes T

came as a shock to some as indications late in the campaign sho

that Robertsonrsquos bid for a third term may be challenged

The composition of City Council stayed relatively the same withVision Vancouver losing a seat and the NPA gaining one Vi

remains a majority as six of the elected Councillors as wel

Mayor Robertson belong to the party Since 2008 when Robert

was 1047297rst elected as Mayor Vision Vancouver has lost a seat in e

election

After reviewing the election results from the municiplities w

heavily active development areas such as Vancouver Burnaby

Surrey it is safe to say that the development trends in each area

likely remain on the same course

The Metro Vancouver LandShare Report

is a series of semi-annual reports on the

land market in Metro Vancouver with a

special focus on residential land Inaddition to a comprehensive analysis of

residential activity we will share our

insight into the trends that affect the land

market in Metro Vancouver

Medium DensityHigh Density Low Density Number of Deals

T r a n s a c t i o n V o l u m e

T r a n s a c t i o n V a l u e ( M i l l i o n s )

$2000

$1800

$1600

$1400

$1200

$1000

$800

$600

$400

$200

$0

800

700

600

500

400

300

200

100

02006 2007 2008 2009 2010 2011 2012 2013 Mid Year 2014

$679

$679

$412

$493

$604

$413

$163

$390

$139

$72

$168

$115

$235

$485

$180

$424

$753

$578

$437

$686

$543

$282

$578

$579

$305

$426

$586

METRO VANCOUVER LAND ACTIVITY

FALL 2014



MARKET SUMMARIES

Vancouver ndash Downtown 1

Vancouver ndash West 2

Vancouver ndash East 3

North Shore 4

Richmond 5

BurnabyNew Westminster 6

Tri-Cities Coquitlam Port Coquitlam amp Port Moody 7

Surrey 8

TABLE OF

CONTENTS



HIGHLIGHTS

DEVELOPMENT amp REZONING PERMITS

MARKET SUMMARY

VANCOUVER ndash DOWNTOWN

The West End Community Plan continues to be the main driver behind downtown land sales producing reco

breaking prices Previously functional retail and office buildings have reached the end of their economic life as

begin to see a renaissance of development in the West End

raquo Bosa Properties recently purchased 1500 West Georgia from Morguard

Investments for $1205 million representing a cap rate of 394 The aggressively

low cap rate can only be justi1047297ed by the extra density that has been created by

the introduction of the West End Community Plan

raquo Port Capital Group purchased 1250 West Hastings in September for $131 million

representing a price per SF of $1588 and a price per buildable SF of $265 basedon a site size of 8250 SF and a maximum density of 600 FSR (Floor Spce Ratio)

This sale solidi1047297es the upward trending Downtown land market as developers

continue to purchase smaller sites for larger prices

raquo The legitimacy of the approved development plan for Paragon Entertainmentrsquos

$535 million casino-resort to replace the existing Edgewater Casino is in question

Con1047298ict-of-interest claims have been brought against Paragonrsquos recent hiring of

Michael Graydon who resigned as head of the BC Lottery Corporation just over

a week prior

NOTABLE NEW DEVELOPMENTS raquo 1575 West Georgia Street and 620 Cardero Street A rezoning application from

Bosa Properties to amend the existing CD-1 zoning by-laws to allow for a 26-storey

building with 184 residential units ground-level commercial space three levels of

office space and seven levels of underground parking The proposed development

will be 265 feet and represent a 1047298oor space ratio of 1083

raquo 1155 Thurlow Street The rezoning application for the Central Presbyterian Churh

was approved on July 15 2014 The planned 206-foot 22-storey mixed-used

development consists of 168 market rental housing units 45 non-market housing

units 2365 SF of retail space and 21956 SF designated for a church use The

rezoning increases the 1047298oor space ratio from 275 to 945

AVERAGE LAND SALES RANGE (Price per Buildable Square Foot)

TOWNHOUSEAPARTMENT

WOOD FRAMEAPARTMENTCONCRETE

Downtown Core NA NA $190-$265

Downtown EastChinatown

NA $95-$105 $90-$175

Site will be rezoned

KEY SALES

ADDRESS PURCHASER PRICE SIZE (SF)BASE FLOOR

SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS

1 1500 West Georgia Street Bosa Properties $120500000 43230 - -

2 1281 West Georgia Street Brilliant Circle Group $36000000 17424 600 $344

3 1250 West Hastings Street Port Capital Group $13100000 8250 600 $265

FALL 2014

Gr anville

C ity Centr e

Yaletown

Waterfront

Bur rard

S tadiumChinatown

99

1A

A l b e r n i S t

H a r o S t

May amp LorneBrown Park

B a r c l a y S t

N e l s o n S t

C o m o x S t

P e n d r e l l S t

D a v i e S t B u r n a b y S t

H a r w o o d S t

W G e o r g i a S t

H a r o S t

S t

N i c o l a

S t

C a r d e r o S t

B i d w

e l l S t

D e n m

a n S t o r

d S t

J e r v i s

S t

B u t e

S t

B r o u

g h t o n

S t

N i c o l a S t C

a r d e

r o S t

t

B r o u

g h t o n

S t

T h u r l o w

S t

B u r r a

r d S t

H o r n b y

S t

H o w e

S t

G r a n

v i l l e S t

S e y m

o u r S t

R i c h

a r d s

S t

H o m e r S t

B u t e

S t

T h u r l o w

S t

B u r r a

r d S t

H o r n b y

S t

S e y m

o u r S t

R i c h

a r d s

S t

r S t

H a m i l t o

n S t

H a m i l t o

n S t

B u r r a

r d B r

i d g e

M a i n l

a n d S t

C a m

b i e S t

B e a t t y

S t

E x p o B l v d

M e l v i l l e S t

D u n s m u i r S t W

G e o r g i a S t

R o b s o n S t

S m i t h e S t

N e l s o n S t H e l m

c k e n S t

St

PaulrsquosH

D a v i e S t D r a k e S t

P a c i 1047297 c B l v d

B e a c h

A v e

P a c i 1047297

c B l v d

P e n d e r S t

H a s t i n g s S t

C o r d o v a S t

C a n a

d a

P l a c e

C a n a d a P l

E C o m m i s s i o n e r

W a t e r S t

K e e f e r S t

P e n d e r S t

E x p o B lGeorgia Viad

D u n s m u i r V i a d

A b b o t t S t

C a r r a l l S t

W Commissione r S t

SunsetBeach

HarbourGreen Park

BC PlaceStadium

RogersArena

B i d w

e l l S t

1

3

2



HIGHLIGHTS


MARKET SUMMARY

VANCOUVER ndash WEST

Land values continue to climb on the Westside as end-user and investor demand remains strong The Cam

Corridor Plan continues to drive land values in the area with developers purchasing sites for record pric

However as under-improved land becomes scarce on the Westside and the Cambie corridor the developmcommunity will be attracted to the added density in Marpole

raquo In October Canada Lands Company in partnership with Tsleil-Waututh Nation

Musqueam Indian Band and Squamish Nations purchased a portfolio of land from

the Government of Canada The majority 7328 of the 7834 acres of the land

puchased is located on the Westside of Vancouver The future use of the land is

undetermined

raquo

The sale of 495 West 41st Avenue set a new record for price per buildable SFalong the Cambie corridor CM Bay Developments Ltd purchased the former gas

station for $402 per buildable SF based on a C-2 zoning with a maximum density

of 250 FSR Within the Cambie Corridor Plan the site has a designated density of

300-400 FSR and most industry experts believe that CM Bay purchased the site

with an intention to rezone the property

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS

1 1424 West Broadway Qiji Investment Ltd $14300000 15625 300 $305

2 4339 Cambie Street amp 506 West 27th AvenuePrada Developments

Corportation$8960000 20428 260 $169

3 495 West 41st AvenueCM Bay Developments

Ltd$15800000 15714 400 $251

4398 West 63rd Avenue amp7926-7992 Yukon Street

Marcon Homes Ltd $12600000 34658 200 $181

5 526-548 West King Edward AvenueTianco Investment Group

Inc$11250000 26801 250 $168

NOTABLE NEW DEVELOPMENTS raquo 8175 Cambie Street 519 SW Marine Drive and 8180-8192 Lord Street Onnirsquos

application to rezone from C-1 and RS-1 to CD-1 has recently been enacted Onni

acquired the property from Wesgroup Properties for an estimated price of $38

million The proposed development called North West will consist of two

residential towers with one meauring 31 storeys and the other at 12 storeys with

368 residential units and 14693 SF of commercial space Additionally there is a

3-storey building with a 5866 SF daycare 4499 SF community ammenity space

and 387 underground parking spaces proposed


TOWNHOUSEAPARTMENT


West(Excluding Cambie Corridor)

$235-$300 $135-$250 $175-$305

Cambie Corridor $245-$260 $150-$200 $140-$200

raquo 508 West 28th Avenue and 4439-4461 Cambie Street RDG Management L

rezoning application has been approved by council Proposed is a six-storey

foot residential building with a 1047298oor space ratio of 260 consisting of 65 ma

housing units with 82 underground parking spaces

FALL 2014

C P R

University ofBritish Columbia

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

a cou er

W 57th Ave

W 33rd Ave

C a m b i e S t

O a k S t

A r b

u t u s S t

W B

o u l e v a r d

W 49th Av e

B l e n h e i m S

t

D u n b a r S t

C r o w n

S t

W 10th Ave

W 4th Av e

Cornwall StPoi n t G r e y Rd

M

a c d o n a l d S t

G r a n v i l l e

S t r e e t

W Broadway

King Edward Ave

W 41st Ave

W 12th Ave

r i n e D r

W 16th Av e

1

2

4

5

3



HIGHLIGHTS


MARKET SUMMARY

VANCOUVER ndash EAST

After three years of preparation the new Downtown East Side Plan was approved in March to mixed revie

While the economics of the plan were predicted to put a strain on development this has not been the case Th

being said most of the development has been in the form of lsquoMicrosuitesrsquo which have been protested by supportof the plan as the begining of a gentri1047297cation trend in the Downtown Eastside The Kingsway corridor continues

see great end-user demand as developers continue to purchase land in areas like Norquay

raquo The Kingsway Corridor continues to be a hotspot for residential land purchases

with seven transactions totalling just under $46 million occuring since 2012 The

Mount Pleasant Community Plan and the Norquay Village Neighbourhood Centre

Plan have acted as catalysts for redevelopment along the corridor The plans

promote a shift toward mixed-use development from what had been a

predominantly commercial area

raquo The continual gentri1047297cation push and new community and neighbourhood plans

have driven the steady increase in residential land value within the area Average

price per acre paid for residential development sites increased by almost $2

million representing an average increase of $46 in terms of price per SF

NOTABLE NEW DEVELOPMENTS raquo 275 Kingsway Rezoning application in its second revision due to the applicantrsquos

desire to adjust the unit mix in order to meet the criteria for the Development Cost

Levy waiver for the City of Vancouver Proposed is a 1385-foot mixed-use

development consisting of ground-1047298oor commercial space 202 residential units

and 106 underground parking stalls representing an overall density of 863 FSR

raquo 105 Keefer Street and 544 Columbia Street An open house was held on October

8 2014 to review the application to rezone to a CD-1 zoning The proposal calls for

a 120-foot 13-storey mixed-use development that includes 137 residential units

commercial space on the ground and second levels and three levels of underground

parking representing a total density of 792 FSR


TOWNHOUSEAPARTMENT


Vancouver - East $100-$180 $65-$150 $105-$185

raquo After four years Rize Alliancersquos rezoning application for its project

Independentrsquo located at Kingsway and East Broadway has 1047297nally been appr

and enacted

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS

1 2415-2469 Kingsway Thind Properties Ltd $8360000 21127 380 $104

2 275 Kingsway Edgar Development Corp $7750000 16348 300 $158

3 1312 amp 1322 East 23rd AvenueDickens Ecole Jardin

Holdings Ltd$2700000 12197 120 $184

4 1849 East 11th AvenueIntracorp Developments

Ltd$1912500 4190 145 $314

FALL 2014

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave

Vancouver City Centre

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


Commercial

Rupert Renfrew

Gilmore

VCCClark

Commercial

Rupert Renfrew

Gilmore

VCCClark

Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront

Va co er

Eton St

G r a n g e

R u p e r t S t

McGill St

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

E 41st Ave

r

C l a r k D r

t t

E 33rd Ave

E 12th Ave

G r e at Nor

t h e r n W y

a n S t

D a v i e S t i 1047297 c S t

33rd Ave

r

Grandview Hwy

e m

o r i a l B

r i d

g e

C o

m m e r c i a l D r

E Hastings Street

E Broadway

K i n g s w a y

Will in

gdon

Ave

King Edward Ave

41st Ave

W 12th Ave

Canada Wy

G i l m o r e A v e

1

2

3

4



HIGHLIGHTS


MARKET SUMMARY

NORTH SHORE

Concern about end use absorption of higher-density projects have been trumped by strong pre-sales encourag

developers to continue purchasing high-density land on the North Shore Townhome product became more appar

in the market mostly in the Lynn Valley and Deep Cove areas of North Vancouver A number of landmadevelopments were approved in late 2014 that should set precedent for the revitalization of the three municipalit

raquo The City of North Vancouverrsquos council voted down the Cityrsquos Official Community

Plan (OCP) during its third reading in October of this year The new OCP would

have guided North Vancouverrsquos growth transportation environment and economy

over the next 10 years Those opposed to the OCP noted the restrictions against

in-house secondary suites and coach houses which could generate revenue for

homeowners and create affordable housing options

raquo Hollyburn Properties Ltd has submitted a rezoning and development permit

application to the District of West Vancouver regarding their rental apartment

building located at 195 21st Street Hollyburn Properties Ltd has proposed the

development of the underutilized portions of property into 42 purpose-built rental

apartments in two low-rise buildings

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS

1Lot 45 amp 46 Harbourside DriveNorth Vancouver

Concert Properties $21784000 182021 205 $58

2 303 Marine Drive North Vancouver Darwin Properties $20000000 90050 175 $127

33829 amp 3919 Dollarton HighwayNorth Vancouver

Polygon Group $13352210 215544 120 $52

NOTABLE NEW DEVELOPMENTS raquo Lynn Valley Centre The District of North Vancouverrsquos Council approved Bosa

Development Corprsquos rezoning application for the Lynn Valley Centre on July 7th

2014 and the property has been rezoned The proposed development will consist

of 393 market residential units six affordable rental units and 50000 SF of

commercial space which includes a 41000 SF grocery store and 871 underground

parking stalls The six buildings will range from four to 12 storeys and will be

developed in two phases

raquo Lower Capilano Village Council has approved Larcorsquos rezoning of their 44 acre

site in the Lower Capilano area The proposed development will be completed in

four phases and consist of 332 market condominium units 74 market rental units

and 45 seniors rental units across a mix of building types including townhouses


TOWNHOUSEAPARTMENT

WOOD FRAMEAPARTMENCONCRETE

North Vancouver $120-$140 $70-$110 $90-$160

6-storey low-rise apartments and two towers ranging from 12 to 18-sto

There will be 130550 SF of commercial space which includes a 125000 SF

storage business that will be below grade In accordance with the Village Ce

Plan Larco will develop a 26550 SF public community centre and a public

and plaza both sized 8000 SF

FALL 2014

Burrard Inlet

1

Vancouver Vancouver

Burrard

Granville

Waterfront Burrard

Granville

Waterfront

a n S t

a v i e S t 1047297 c

M a r i n e Dr15th St

S t e

vE d g e m

o n t B l v d

Welch St

L a r s o n

R d

D e l b

r o o

W E s p l a n a d e

L o n s d a l e A v e

C h e s t e r 1047297 e l d A v e

S t G e o r g e s A v e

W 13th St

W 3 r d S t E 3 r d S

Harbourside DrHarbourside Pl

F e

l l

A v e

E K e i t h

B r i d

g e

H i g h w a y

T a y l o r W y

7A

M t

S e y m o u r R

d

D e e p

C o v e

R d

Mt Seymour Pkw y

St

B e r k l e y

R d

E R i v e

r s i d

e D r

H y a n n i s D

r

Dollarton Hw y rton Rd

3

2

1



HIGHLIGHTS


MARKET SUMMARY

RICHMOND

Residential land sales showed a sizeable increase in the second quarter of 2014 and 1047298uctuated for the rest of

year as investors and developers began purchasing medium-density sites outside of the T6 - Urban Core designat

within the City Centre Plan Sales of income-producing commercial properties within the lsquoTown Centre Bonareas for long-term development plays seem to be the most popular choice for offshore investors

raquo Steveston Secondary School which closed in 2007 was recently sold to Polygon

Homes for just over $41 million providing Richmond School District No 38 with

funding that can be used for other capital projects throughout Steveston The 13-

acre site will be split into eight acres that will be sold to Polygon Homes and the

remaining 1047297ve acres will be reserved as a park

raquo

Richmond has seen a continual increase in land value over the past two yearswith an acre of land selling for an average of $67 million up more than $1 million

per acre since 2012 The most desired types of land are designated for high and

mid-rise residential with the top four sales of this year totalling $123 million

raquo Richmond condominium and townhouse prices have shown slight growth after a

steady decline since 2011 Residential development has been dominated by

concrete and wood frame apartment units with townhouse construction

comprising less than 70 of the total new units being built

HIGHLIGHTS

NOTABLE NEW DEVELOPMENTS raquo 7791-7811 Alderbridge Way Hallmark Holdings Ltd has submitted a rezoning

application to change the zoning from IR1 to CD in order to construct three towers

of 11 12 and 14 storeys consisting of 376 residential units

raquo 5580 No 3 Road Beedie Living has applied for permission to develop a 15-storey

residential tower with two-storey townhouse units on the podium level totalling

139 residential units There will also be commercial space at grade and

underground parking

raquo 7008 River Parkway Onni Group has applied to develop 166 residential units in a six-

storey wood frame apartment building over two concrete parking structures


TOWNHOUSEAPARTMENT


Richmond $170-$200 $80-$90 $65-$100

KEY SALES


SPACE RATIO (FAR)

PRICE PER BUILDAB

SQUARE FOOT (BS

13551-3651 Sexsmith Road amp8331-8371 Cambie Road

Polygon Group $42053889 402343 200 $52

2 6851-6857 Elmbridge Way Bene Development Ltd $31300000 149981 200 $104

3 5600-5660 Cedarbridge Way PLLR 268 Holdings Ltd $13593650 69665 200 $98

4 7231-7271 No 4 Road Morrison Homes Ltd $5310000 75645 120 $58

FALL 2014

C N R

99

L

Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport

m nd

N o

6 R d

V u l c a n W y

Bridgeport Rd

B r i d g e

Granville Ave

River Rd

Blundell Rd

Francis Rd

Williams Rd G a r d e n C i t y R d

N o

4 R d

R a i l w a y A v e

G i l b e r t R d

N o

1 R d

Russ B a k e

r W y

Grant McConac h i e W y

Vulca n W y

t B r i d g e

A r t h u

r L

a i n

Westminster Hwy

F r a s e r - D e l t a T h r u w a y

Richmo

Cambie Rd

Alderbridge Wy

N o

5 R d

N o

3 R d

1

2 3

4



HIGHLIGHTS


MARKET SUMMARY

BURNABYNEW WESTMINSTER

Burnaby continues to be one of the most demanded municipalities in the land market with 18 sales in the 1047297rst h

of 2014 totalling $707 million The bonus density program that has been implemented in the four Town Cent

has furthered demand for developable land in those areas As end-user demand has remained constant land thas been designated medium- or high-density multifamily residential continues to dominate land transactions

Burnaby

raquo Intergulf Development Group recently assembled 6616-6668 Nelson Avenue and

6635 Dunblane Avenue in the Metrotown area for a total of $207 million or $76 per

buildable square foot Intergulf plans to develop a 293 unit tower surrounded by 11

townhouse units

raquo As of September 8 there were 102 residential and mixed-use rezoning applications

under review in Burnaby half of which were for properties located in theMetrotown and Brentwood Town Centres as well as the Royal Oak Urban Village

There are more than 11000 residential units planned with a multitude of retail and

office space

raquo Cressey Development Corporation has submitted a plan to develop its 27 acre site

at 7350 Edmonds Street into a mixed-use community that includes a 1047297ve-storey

office building three residential towers and 214000 SF of street-front retail

space supported by two underground parking structures The development is

planned to be split into three phases

HIGHLIGHTS

NOTABLE NEW DEVELOPMENTS raquo Southgate Ledingham McAllister Homes Ltd has submitted a Master

Neighbourhood Plan for its 4816 acre site in Edmonds The development will

include 588 million SF of residential up to 200000 SF of commercial space as

well as 588365 SF of non-marketaffordable housing

raquo The construction of Affinity by Bosa Developments has been completed The

development includes high-rise and mid-rise apartments townhouse units and

livework units for a total of 289 residential units


TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90

New Westminster $90 $30-$80 $40-$90

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS

12316 Beta Avenue 2311 Delta Avenue amp4756 amp 4828 Lougheed Highway

Concord Paci1047297c $62091000 1012680 NA -

25092-5192 Canada Way amp4981 amp 4991 Claude Avenue Burnaby

Woodbridge Homes Ltd $23000000 198738 090 $129

3 4270 Dawson Avenue Burnaby Hartanto Tjoa $15018000 116305 158 $82

4 6695 Dunblane Avenue Bbyproject 2 Ltd $9360000 24444 360 $106

F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew

GilmoreBrentwood Town Centre

Holdom

SperlingBurnaby Lake

Lake Ci ty Way Production WayUniversity

Braid

Sapperton

Lougheed Town Centre

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds

22nd St New Westminster

Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave

G a t e n s b u r y R d

R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e

R o y a l O a k A v e

Imperial St

Rumble St N e l s o n A v e

M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r

Sprott StWinston St R

u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t

T r a n s C a n a d a H i g h w a y

Lo u g h e e d H i g h w a y

Simon FraserUniversity

P a t u l l o Bridge

i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES

It seems as though developers continue to wait to see the extent of the Evergreen SkyTrain linersquos impact on the la

market in the Tri-Cities Out of the 40 transactions that have occurred since January only six of them are located

areas designated for high-density development

raquo The current Port Moody Official Community plan was adopted by City Council on

October 14 2014 The new plan will focus heavily on the development of Port

Moodyrsquos Inlet Centre and City Centre from mainly commercial into a high-density

mixed-use area while leaving the peripheral areas fairly unchanged The plan also

focuses on seven areas designated as lsquoEvergreen Line Sub-Areasrsquo where a mix of

residential and commercial development is encouraged as well as the maintaining

and development of public ammenity space

raquo The Maillardville Neighbourhood Plan was adopted by council on April 1 2014

The plan calls for a walkable highly livable neighbourhood that features a high

-density mixed-use Neighbourhood Centre unique residential districts new

commercial and employment growth opportunities and a variety of recreational

and culturual activities

HIGHLIGHTS

NOTABLE NEW DEVELOPMENTS raquo 515 Austin Avenue Coquitlam A pre-application has been submitted for the

rezoning of 515 Austin Avenue from RM-5 to RM-6 The proposed development

will consist of a 102-unit 17-storey residential tower with two townhouse units at

grade

raquo 3200 - 3216 St Johns Street Port Moody Berezan Developments have proposed

a seven-storey mixed-use development that will include 121 residential units and

53265 SF of commercial space Council is currently reviewing the application


TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80

Port Coquitlam $30-$40 $30-$50 NA

Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS

1 509 amp 513 Clarke Road CoquitlamMagusta Development

Group$7128000 38630 250 $74

2 2713 - 2725 Clarke Street Port Moody Aragon Properties Ltd $6400000 34920 250 $75

3 515 Austin Avenue CoquitlamAustin Square

Developments Ltd$6280000 23178 300 $80

4 571 amp 577 Clarke Road Coquitlam Marcon Homes Ltd $5300000 27500 250 $77

FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam

e C it y Way Pro du ct io n WayUniversity


e C it y Way P ro du ct io n WayUniversity


Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r

C o a s t M e r i d i a n R d

K i n g s w a y A v e

B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d

S u n n y s i d e R d

I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u

e M o u n t a i n S t

B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t

B a r n e t H i g h w a y

L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS


With dwindling end-user absorption within Surreyrsquos City Centre land value continues to decrease as investors a

developers attempt to sell their land End-user demand wonrsquot increase signi1047297cantly until the sale price of the 1047297nish

product decreases as it is too similar to suburban markets that are closer to Vancouver Until then land values concrete product will continue to remain stagnant or decline however wood frame and townhome product is begin

to trade at or above concrete values

raquo There has been a shift away from high-density development in the City Centre

area as medium- and low-density land sales dominate the market These sales are

driven by the increasing demand for woodf rame and townhouse product in South

Surrey and White Rock as end-user demand for concrete condominium in the City

Centre area dwindles

raquo

Linda Hepner was elected as the City of Surreyrsquos mayor in a landslide victory onNovember 15 2014 The Surrey City Development Corporationrsquos future was

solidi1047297ed with the win as Hepner defeated the government-run development

corporationrsquos two largest critics The decisive win suprised polling predictions

however her economic track record and business-focused platform was a clear

advantage over her opponents

NOTABLE NEW DEVELOPMENTS raquo 16272 24th Avenue Mosaic Home Ltd has submitted an application to rezone

16272 24th Avenue from RA to RM-30 The proposed development will consist of

94 townhouse units

raquo 13399 103 Avenue The rezoning application is in the 1047297nal approval stage to

rezone the property from RF to CD which wil l be based on RMC-150 zoning This

is in order to develop a 37-storey mixed-use tower which will include approximately

374 residential units along with 4284 SF of ground-level commercial space

AVERAGE LAND SALES RANGE(Price per Buildable Square Foot or as Speci1047297ed)

TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES


SPACE RATIO (FSR)PRICE PER ACRE

1 5750 Panorama Drive Fairborne Homes $20516000 654750 - $1367733 per Acre

2 15250 28th Avenue Lakewood Management Ltd $9500000 244877 - $1693401 per Acre

3 16272 24th Avenue Mosaic Home Ltd $8340000 218250 - $1668000 per Acr

4 13550 105th Avenue Bosa Properties $4147580 59364 350 $20

FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t

C r e s c e n t R d 32nd Ave

40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave

108th Ave G r o s v e n o

r R d

116th Ave

rt ey v eP

o r t M a n n B r i d g e


C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y

F r a s e r H i g h w a y

1

2

4



This report has been prepared by Colliers International for advertising and general information only Colliers International makes no guarantees representations or warranties of any kindexpress or implied regarding the information including but not limited to warranties of content accuracy and reliability Any interested party should undertake their own inquiries as to theaccuracy of the information Colliers International excludes unequivocally all inferred or implied terms conditions and warranties arising out of this document and excludes all liability for lossand damages arising there from This publication is the copyrighted property of Colliers International and or its licensor(s) copy 2014 All rights reservedPersonal Real Estate Corporation

Vancouver Downtown Office200 Granville Street 19th FloorVancouver BC V6C 2R6MAIN +1 604 681 4111FAX +1 604 661 0849

Colliers International

CONTACT INFORMATION

Kirk KuesterManaging Director | Vancouver Brokerage

DIRECT +1 604 661 0814kirkkuestercollierscom

James Lang

Market Intelligence Manager | Vancouver

DIRECT +1 604 661 0868

jameslangcollierscom

Dan Chat1047297eld

Market Intelligence Coordinator | Vancouver

DIRECT +1 604 692 1476

danchat1047297eldcollierscom

John BoerHart BuckRobert DownMorgan DyerSteve Fame

John GeeSimon LimKelvin Luk

Marshall MacleodGeorge McLachrieSam NakhlehOliver OmiScott Peters

Casey PollardJas SandhuMatt Saunders

Sheldon ScottDavid TaylorCecilia TseCasey Weeks

Investment Team

485 Offices15800 EMPLOYEES

5800 Brokers

80000 LeaseSale Tranactions in 2013

$75 billion in transaction volume in 2013

146 billion SF managed



The land market in Metro Vancouver continues on its upward trajectory with developers continuing to be bull

on the market amidst growing awareness of land constraint issues Overall there has been a decrease in transactio

but sites have been trading at much higher values as some owners are being incented to sell

MARKET SUMMARY

INTRODUCTION

Source RealNet Canada Inc

TREND TOWARDS LOWER DENSITY

Medium- and low-density land sales in suburban Metro Vancouver

have increased tremendously since 2013 accounting for almost

50 of the total land sales year to date This was a signi1047297cant

increase from 2013 where medium- and low-desnity land sales

accounted for only 33 of total land sales This was largely due to

the introduction of Official Community Plans (OCPs) such as those

for Metrotown and Brentwood in Burnaby and the City Centre Plans

for Surrey and Richmond

Developers have realized the growing demand for lower-density

housing outside of suburan areasrsquo town centres and have begun

acquiring land designated for wood frame and townhouse uses

Examples include Woodbridge Homesrsquo acquisition of 46 acres in

the Deer Lake Park area in Burnaby for $23 million with plans to

develop 161 townhouse units In North Vancouver Polygon Homes

purchased close to 1047297ve acres of land in the Deep Cove area for $133

million Polygon has proposed to develop 80 units in three four-

storey wood frame apartment buildings and 15 townhouse units

Finally Zenterra Developments purchased a 76 acre site in the

Grandview area of Surrey for $98 million Zenterra has assembled

a previously purchased site for the development of a 156-unittownhouse complex

Colliersrsquo recently-released lsquoDeveloper Surveyrsquo documented 70

developers ranking their interest for development sites of different

densities on a scale from 1-5 Low-rise was the most popular choice

with an average rating of 35 and townhouse development sites

ranked the highest number of answers for lsquovery interestedrsquo

2014 MUNICIPAL ELECTIONS

Vancouverrsquos recent municipal election had the highest voter turn

in more than 10 years with 44 of Vancouverites visiting the po

stations around the city This 1047297gure is up from 34 in 2011

surpassed the Cityrsquos goal of 40 Gregor Robertson was re-elec

as Mayor defeating Kirk LaPointe by just over 10000 votes T

came as a shock to some as indications late in the campaign sho

that Robertsonrsquos bid for a third term may be challenged

The composition of City Council stayed relatively the same withVision Vancouver losing a seat and the NPA gaining one Vi

remains a majority as six of the elected Councillors as wel

Mayor Robertson belong to the party Since 2008 when Robert

was 1047297rst elected as Mayor Vision Vancouver has lost a seat in e

election

After reviewing the election results from the municiplities w

heavily active development areas such as Vancouver Burnaby

Surrey it is safe to say that the development trends in each area

likely remain on the same course

The Metro Vancouver LandShare Report

is a series of semi-annual reports on the

land market in Metro Vancouver with a

special focus on residential land Inaddition to a comprehensive analysis of

residential activity we will share our

insight into the trends that affect the land

market in Metro Vancouver

Medium DensityHigh Density Low Density Number of Deals

T r a n s a c t i o n V o l u m e

T r a n s a c t i o n V a l u e ( M i l l i o n s )

$2000

$1800

$1600

$1400

$1200

$1000

$800

$600

$400

$200

$0

800

700

600

500

400

300

200

100

02006 2007 2008 2009 2010 2011 2012 2013 Mid Year 2014

$679

$679

$412

$493

$604

$413

$163

$390

$139

$72

$168

$115

$235

$485

$180

$424

$753

$578

$437

$686

$543

$282

$578

$579

$305

$426

$586

METRO VANCOUVER LAND ACTIVITY

FALL 2014



MARKET SUMMARIES




North Shore 4

Richmond 5



Surrey 8

TABLE OF

CONTENTS



HIGHLIGHTS


MARKET SUMMARY

















a week prior












TOWNHOUSEAPARTMENT




NA $95-$105 $90-$175


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS




FALL 2014

Gr anville

C ity Centr e

Yaletown

Waterfront

Bur rard

S tadiumChinatown

99

1A

A l b e r n i S t

H a r o S t


B a r c l a y S t

N e l s o n S t

C o m o x S t

P e n d r e l l S t


H a r w o o d S t

W G e o r g i a S t

H a r o S t

S t

N i c o l a

S t

C a r d e r o S t

B i d w

e l l S t

D e n m

a n S t o r

d S t

J e r v i s

S t

B u t e

S t

B r o u

g h t o n

S t

N i c o l a S t C

a r d e

r o S t

t

B r o u

g h t o n

S t

T h u r l o w

S t

B u r r a

r d S t

H o r n b y

S t

H o w e

S t

G r a n

v i l l e S t

S e y m

o u r S t

R i c h

a r d s

S t

H o m e r S t

B u t e

S t

T h u r l o w

S t

B u r r a

r d S t

H o r n b y

S t

S e y m

o u r S t

R i c h

a r d s

S t

r S t

H a m i l t o

n S t

H a m i l t o

n S t

B u r r a

r d B r

i d g e

M a i n l

a n d S t

C a m

b i e S t

B e a t t y

S t

E x p o B l v d

M e l v i l l e S t


G e o r g i a S t

R o b s o n S t

S m i t h e S t


c k e n S t

St

PaulrsquosH


P a c i 1047297 c B l v d

B e a c h

A v e

P a c i 1047297

c B l v d

P e n d e r S t

H a s t i n g s S t

C o r d o v a S t

C a n a

d a

P l a c e

C a n a d a P l


W a t e r S t

K e e f e r S t

P e n d e r S t



A b b o t t S t

C a r r a l l S t

W Commissione r S t

SunsetBeach

HarbourGreen Park

BC PlaceStadium

RogersArena

B i d w

e l l S t

1

3

2



HIGHLIGHTS


MARKET SUMMARY









undetermined

raquo






KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS



Corportation$8960000 20428 260 $169


Ltd$15800000 15714 400 $251


Marcon Homes Ltd $12600000 34658 200 $181


Inc$11250000 26801 250 $168










TOWNHOUSEAPARTMENT



$235-$300 $135-$250 $175-$305

Cambie Corridor $245-$260 $150-$200 $140-$200





FALL 2014

C P R


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

a cou er

W 57th Ave

W 33rd Ave

C a m b i e S t

O a k S t

A r b

u t u s S t

W B

o u l e v a r d

W 49th Av e

B l e n h e i m S

t

D u n b a r S t

C r o w n

S t

W 10th Ave

W 4th Av e


M

a c d o n a l d S t

G r a n v i l l e

S t r e e t

W Broadway

King Edward Ave

W 41st Ave

W 12th Ave

r i n e D r

W 16th Av e

1

2

4

5

3



HIGHLIGHTS


MARKET SUMMARY



























TOWNHOUSEAPARTMENT


Vancouver - East $100-$180 $65-$150 $105-$185



and enacted

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS




Holdings Ltd$2700000 12197 120 $184


Ltd$1912500 4190 145 $314

FALL 2014

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


Commercial

Rupert Renfrew

Gilmore

VCCClark

Commercial

Rupert Renfrew

Gilmore

VCCClark

Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront

Va co er

Eton St

G r a n g e

R u p e r t S t

McGill St

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

E 41st Ave

r

C l a r k D r

t t

E 33rd Ave

E 12th Ave

G r e at Nor

t h e r n W y

a n S t

D a v i e S t i 1047297 c S t

33rd Ave

r

Grandview Hwy

e m

o r i a l B

r i d

g e

C o

m m e r c i a l D r

E Hastings Street

E Broadway

K i n g s w a y

Will in

gdon

Ave

King Edward Ave

41st Ave

W 12th Ave

Canada Wy

G i l m o r e A v e

1

2

3

4



HIGHLIGHTS


MARKET SUMMARY

NORTH SHORE















KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS





Polygon Group $13352210 215544 120 $52













TOWNHOUSEAPARTMENT


North Vancouver $120-$140 $70-$110 $90-$160






FALL 2014

Burrard Inlet

1

Vancouver Vancouver

Burrard

Granville

Waterfront Burrard

Granville

Waterfront

a n S t

a v i e S t 1047297 c


S t e

vE d g e m

o n t B l v d

Welch St

L a r s o n

R d

D e l b

r o o

W E s p l a n a d e


C h e s t e r 1047297 e l d A v e


W 13th St



F e

l l

A v e

E K e i t h

B r i d

g e

H i g h w a y

T a y l o r W y

7A

M t

S e y m o u r R

d

D e e p

C o v e

R d

Mt Seymour Pkw y

St

B e r k l e y

R d

E R i v e

r s i d

e D r

H y a n n i s D

r


3

2

1



HIGHLIGHTS


MARKET SUMMARY

RICHMOND









raquo








HIGHLIGHTS







underground parking




TOWNHOUSEAPARTMENT


Richmond $170-$200 $80-$90 $65-$100

KEY SALES


SPACE RATIO (FAR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Polygon Group $42053889 402343 200 $52




FALL 2014

C N R

99

L

Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre


Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport

m nd

N o

6 R d

V u l c a n W y

Bridgeport Rd

B r i d g e

Granville Ave

River Rd

Blundell Rd

Francis Rd


N o

4 R d

R a i l w a y A v e

G i l b e r t R d

N o

1 R d

Russ B a k e

r W y


Vulca n W y

t B r i d g e

A r t h u

r L

a i n

Westminster Hwy


Richmo

Cambie Rd

Alderbridge Wy

N o

5 R d

N o

3 R d

1

2 3

4



HIGHLIGHTS


MARKET SUMMARY





Burnaby




townhouse units




office space






HIGHLIGHTS









TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Concord Paci1047297c $62091000 1012680 NA -





F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave


R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e


Imperial St


M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r


u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t





i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






MARKET SUMMARIES




North Shore 4

Richmond 5



Surrey 8

TABLE OF

CONTENTS



HIGHLIGHTS


MARKET SUMMARY

















a week prior












TOWNHOUSEAPARTMENT




NA $95-$105 $90-$175


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS




FALL 2014

Gr anville

C ity Centr e

Yaletown

Waterfront

Bur rard

S tadiumChinatown

99

1A

A l b e r n i S t

H a r o S t


B a r c l a y S t

N e l s o n S t

C o m o x S t

P e n d r e l l S t


H a r w o o d S t

W G e o r g i a S t

H a r o S t

S t

N i c o l a

S t

C a r d e r o S t

B i d w

e l l S t

D e n m

a n S t o r

d S t

J e r v i s

S t

B u t e

S t

B r o u

g h t o n

S t

N i c o l a S t C

a r d e

r o S t

t

B r o u

g h t o n

S t

T h u r l o w

S t

B u r r a

r d S t

H o r n b y

S t

H o w e

S t

G r a n

v i l l e S t

S e y m

o u r S t

R i c h

a r d s

S t

H o m e r S t

B u t e

S t

T h u r l o w

S t

B u r r a

r d S t

H o r n b y

S t

S e y m

o u r S t

R i c h

a r d s

S t

r S t

H a m i l t o

n S t

H a m i l t o

n S t

B u r r a

r d B r

i d g e

M a i n l

a n d S t

C a m

b i e S t

B e a t t y

S t

E x p o B l v d

M e l v i l l e S t


G e o r g i a S t

R o b s o n S t

S m i t h e S t


c k e n S t

St

PaulrsquosH


P a c i 1047297 c B l v d

B e a c h

A v e

P a c i 1047297

c B l v d

P e n d e r S t

H a s t i n g s S t

C o r d o v a S t

C a n a

d a

P l a c e

C a n a d a P l


W a t e r S t

K e e f e r S t

P e n d e r S t



A b b o t t S t

C a r r a l l S t

W Commissione r S t

SunsetBeach

HarbourGreen Park

BC PlaceStadium

RogersArena

B i d w

e l l S t

1

3

2



HIGHLIGHTS


MARKET SUMMARY









undetermined

raquo






KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS



Corportation$8960000 20428 260 $169


Ltd$15800000 15714 400 $251


Marcon Homes Ltd $12600000 34658 200 $181


Inc$11250000 26801 250 $168










TOWNHOUSEAPARTMENT



$235-$300 $135-$250 $175-$305

Cambie Corridor $245-$260 $150-$200 $140-$200





FALL 2014

C P R


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

a cou er

W 57th Ave

W 33rd Ave

C a m b i e S t

O a k S t

A r b

u t u s S t

W B

o u l e v a r d

W 49th Av e

B l e n h e i m S

t

D u n b a r S t

C r o w n

S t

W 10th Ave

W 4th Av e


M

a c d o n a l d S t

G r a n v i l l e

S t r e e t

W Broadway

King Edward Ave

W 41st Ave

W 12th Ave

r i n e D r

W 16th Av e

1

2

4

5

3



HIGHLIGHTS


MARKET SUMMARY



























TOWNHOUSEAPARTMENT


Vancouver - East $100-$180 $65-$150 $105-$185



and enacted

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS




Holdings Ltd$2700000 12197 120 $184


Ltd$1912500 4190 145 $314

FALL 2014

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


Commercial

Rupert Renfrew

Gilmore

VCCClark

Commercial

Rupert Renfrew

Gilmore

VCCClark

Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront

Va co er

Eton St

G r a n g e

R u p e r t S t

McGill St

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

E 41st Ave

r

C l a r k D r

t t

E 33rd Ave

E 12th Ave

G r e at Nor

t h e r n W y

a n S t

D a v i e S t i 1047297 c S t

33rd Ave

r

Grandview Hwy

e m

o r i a l B

r i d

g e

C o

m m e r c i a l D r

E Hastings Street

E Broadway

K i n g s w a y

Will in

gdon

Ave

King Edward Ave

41st Ave

W 12th Ave

Canada Wy

G i l m o r e A v e

1

2

3

4



HIGHLIGHTS


MARKET SUMMARY

NORTH SHORE















KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS





Polygon Group $13352210 215544 120 $52













TOWNHOUSEAPARTMENT


North Vancouver $120-$140 $70-$110 $90-$160






FALL 2014

Burrard Inlet

1

Vancouver Vancouver

Burrard

Granville

Waterfront Burrard

Granville

Waterfront

a n S t

a v i e S t 1047297 c


S t e

vE d g e m

o n t B l v d

Welch St

L a r s o n

R d

D e l b

r o o

W E s p l a n a d e


C h e s t e r 1047297 e l d A v e


W 13th St



F e

l l

A v e

E K e i t h

B r i d

g e

H i g h w a y

T a y l o r W y

7A

M t

S e y m o u r R

d

D e e p

C o v e

R d

Mt Seymour Pkw y

St

B e r k l e y

R d

E R i v e

r s i d

e D r

H y a n n i s D

r


3

2

1



HIGHLIGHTS


MARKET SUMMARY

RICHMOND









raquo








HIGHLIGHTS







underground parking




TOWNHOUSEAPARTMENT


Richmond $170-$200 $80-$90 $65-$100

KEY SALES


SPACE RATIO (FAR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Polygon Group $42053889 402343 200 $52




FALL 2014

C N R

99

L

Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre


Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport

m nd

N o

6 R d

V u l c a n W y

Bridgeport Rd

B r i d g e

Granville Ave

River Rd

Blundell Rd

Francis Rd


N o

4 R d

R a i l w a y A v e

G i l b e r t R d

N o

1 R d

Russ B a k e

r W y


Vulca n W y

t B r i d g e

A r t h u

r L

a i n

Westminster Hwy


Richmo

Cambie Rd

Alderbridge Wy

N o

5 R d

N o

3 R d

1

2 3

4



HIGHLIGHTS


MARKET SUMMARY





Burnaby




townhouse units




office space






HIGHLIGHTS









TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Concord Paci1047297c $62091000 1012680 NA -





F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave


R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e


Imperial St


M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r


u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t





i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






HIGHLIGHTS


MARKET SUMMARY

















a week prior












TOWNHOUSEAPARTMENT




NA $95-$105 $90-$175


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS




FALL 2014

Gr anville

C ity Centr e

Yaletown

Waterfront

Bur rard

S tadiumChinatown

99

1A

A l b e r n i S t

H a r o S t


B a r c l a y S t

N e l s o n S t

C o m o x S t

P e n d r e l l S t


H a r w o o d S t

W G e o r g i a S t

H a r o S t

S t

N i c o l a

S t

C a r d e r o S t

B i d w

e l l S t

D e n m

a n S t o r

d S t

J e r v i s

S t

B u t e

S t

B r o u

g h t o n

S t

N i c o l a S t C

a r d e

r o S t

t

B r o u

g h t o n

S t

T h u r l o w

S t

B u r r a

r d S t

H o r n b y

S t

H o w e

S t

G r a n

v i l l e S t

S e y m

o u r S t

R i c h

a r d s

S t

H o m e r S t

B u t e

S t

T h u r l o w

S t

B u r r a

r d S t

H o r n b y

S t

S e y m

o u r S t

R i c h

a r d s

S t

r S t

H a m i l t o

n S t

H a m i l t o

n S t

B u r r a

r d B r

i d g e

M a i n l

a n d S t

C a m

b i e S t

B e a t t y

S t

E x p o B l v d

M e l v i l l e S t


G e o r g i a S t

R o b s o n S t

S m i t h e S t


c k e n S t

St

PaulrsquosH


P a c i 1047297 c B l v d

B e a c h

A v e

P a c i 1047297

c B l v d

P e n d e r S t

H a s t i n g s S t

C o r d o v a S t

C a n a

d a

P l a c e

C a n a d a P l


W a t e r S t

K e e f e r S t

P e n d e r S t



A b b o t t S t

C a r r a l l S t

W Commissione r S t

SunsetBeach

HarbourGreen Park

BC PlaceStadium

RogersArena

B i d w

e l l S t

1

3

2



HIGHLIGHTS


MARKET SUMMARY









undetermined

raquo






KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS



Corportation$8960000 20428 260 $169


Ltd$15800000 15714 400 $251


Marcon Homes Ltd $12600000 34658 200 $181


Inc$11250000 26801 250 $168










TOWNHOUSEAPARTMENT



$235-$300 $135-$250 $175-$305

Cambie Corridor $245-$260 $150-$200 $140-$200





FALL 2014

C P R


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

a cou er

W 57th Ave

W 33rd Ave

C a m b i e S t

O a k S t

A r b

u t u s S t

W B

o u l e v a r d

W 49th Av e

B l e n h e i m S

t

D u n b a r S t

C r o w n

S t

W 10th Ave

W 4th Av e


M

a c d o n a l d S t

G r a n v i l l e

S t r e e t

W Broadway

King Edward Ave

W 41st Ave

W 12th Ave

r i n e D r

W 16th Av e

1

2

4

5

3



HIGHLIGHTS


MARKET SUMMARY



























TOWNHOUSEAPARTMENT


Vancouver - East $100-$180 $65-$150 $105-$185



and enacted

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS




Holdings Ltd$2700000 12197 120 $184


Ltd$1912500 4190 145 $314

FALL 2014

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


Commercial

Rupert Renfrew

Gilmore

VCCClark

Commercial

Rupert Renfrew

Gilmore

VCCClark

Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront

Va co er

Eton St

G r a n g e

R u p e r t S t

McGill St

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

E 41st Ave

r

C l a r k D r

t t

E 33rd Ave

E 12th Ave

G r e at Nor

t h e r n W y

a n S t

D a v i e S t i 1047297 c S t

33rd Ave

r

Grandview Hwy

e m

o r i a l B

r i d

g e

C o

m m e r c i a l D r

E Hastings Street

E Broadway

K i n g s w a y

Will in

gdon

Ave

King Edward Ave

41st Ave

W 12th Ave

Canada Wy

G i l m o r e A v e

1

2

3

4



HIGHLIGHTS


MARKET SUMMARY

NORTH SHORE















KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS





Polygon Group $13352210 215544 120 $52













TOWNHOUSEAPARTMENT


North Vancouver $120-$140 $70-$110 $90-$160






FALL 2014

Burrard Inlet

1

Vancouver Vancouver

Burrard

Granville

Waterfront Burrard

Granville

Waterfront

a n S t

a v i e S t 1047297 c


S t e

vE d g e m

o n t B l v d

Welch St

L a r s o n

R d

D e l b

r o o

W E s p l a n a d e


C h e s t e r 1047297 e l d A v e


W 13th St



F e

l l

A v e

E K e i t h

B r i d

g e

H i g h w a y

T a y l o r W y

7A

M t

S e y m o u r R

d

D e e p

C o v e

R d

Mt Seymour Pkw y

St

B e r k l e y

R d

E R i v e

r s i d

e D r

H y a n n i s D

r


3

2

1



HIGHLIGHTS


MARKET SUMMARY

RICHMOND









raquo








HIGHLIGHTS







underground parking




TOWNHOUSEAPARTMENT


Richmond $170-$200 $80-$90 $65-$100

KEY SALES


SPACE RATIO (FAR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Polygon Group $42053889 402343 200 $52




FALL 2014

C N R

99

L

Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre


Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport

m nd

N o

6 R d

V u l c a n W y

Bridgeport Rd

B r i d g e

Granville Ave

River Rd

Blundell Rd

Francis Rd


N o

4 R d

R a i l w a y A v e

G i l b e r t R d

N o

1 R d

Russ B a k e

r W y


Vulca n W y

t B r i d g e

A r t h u

r L

a i n

Westminster Hwy


Richmo

Cambie Rd

Alderbridge Wy

N o

5 R d

N o

3 R d

1

2 3

4



HIGHLIGHTS


MARKET SUMMARY





Burnaby




townhouse units




office space






HIGHLIGHTS









TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Concord Paci1047297c $62091000 1012680 NA -





F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave


R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e


Imperial St


M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r


u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t





i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






HIGHLIGHTS


MARKET SUMMARY









undetermined

raquo






KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS



Corportation$8960000 20428 260 $169


Ltd$15800000 15714 400 $251


Marcon Homes Ltd $12600000 34658 200 $181


Inc$11250000 26801 250 $168










TOWNHOUSEAPARTMENT



$235-$300 $135-$250 $175-$305

Cambie Corridor $245-$260 $150-$200 $140-$200





FALL 2014

C P R


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st A

Langara49th Ave

a cou er

W 57th Ave

W 33rd Ave

C a m b i e S t

O a k S t

A r b

u t u s S t

W B

o u l e v a r d

W 49th Av e

B l e n h e i m S

t

D u n b a r S t

C r o w n

S t

W 10th Ave

W 4th Av e


M

a c d o n a l d S t

G r a n v i l l e

S t r e e t

W Broadway

King Edward Ave

W 41st Ave

W 12th Ave

r i n e D r

W 16th Av e

1

2

4

5

3



HIGHLIGHTS


MARKET SUMMARY



























TOWNHOUSEAPARTMENT


Vancouver - East $100-$180 $65-$150 $105-$185



and enacted

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS




Holdings Ltd$2700000 12197 120 $184


Ltd$1912500 4190 145 $314

FALL 2014

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


Commercial

Rupert Renfrew

Gilmore

VCCClark

Commercial

Rupert Renfrew

Gilmore

VCCClark

Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront

Va co er

Eton St

G r a n g e

R u p e r t S t

McGill St

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

E 41st Ave

r

C l a r k D r

t t

E 33rd Ave

E 12th Ave

G r e at Nor

t h e r n W y

a n S t

D a v i e S t i 1047297 c S t

33rd Ave

r

Grandview Hwy

e m

o r i a l B

r i d

g e

C o

m m e r c i a l D r

E Hastings Street

E Broadway

K i n g s w a y

Will in

gdon

Ave

King Edward Ave

41st Ave

W 12th Ave

Canada Wy

G i l m o r e A v e

1

2

3

4



HIGHLIGHTS


MARKET SUMMARY

NORTH SHORE















KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS





Polygon Group $13352210 215544 120 $52













TOWNHOUSEAPARTMENT


North Vancouver $120-$140 $70-$110 $90-$160






FALL 2014

Burrard Inlet

1

Vancouver Vancouver

Burrard

Granville

Waterfront Burrard

Granville

Waterfront

a n S t

a v i e S t 1047297 c


S t e

vE d g e m

o n t B l v d

Welch St

L a r s o n

R d

D e l b

r o o

W E s p l a n a d e


C h e s t e r 1047297 e l d A v e


W 13th St



F e

l l

A v e

E K e i t h

B r i d

g e

H i g h w a y

T a y l o r W y

7A

M t

S e y m o u r R

d

D e e p

C o v e

R d

Mt Seymour Pkw y

St

B e r k l e y

R d

E R i v e

r s i d

e D r

H y a n n i s D

r


3

2

1



HIGHLIGHTS


MARKET SUMMARY

RICHMOND









raquo








HIGHLIGHTS







underground parking




TOWNHOUSEAPARTMENT


Richmond $170-$200 $80-$90 $65-$100

KEY SALES


SPACE RATIO (FAR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Polygon Group $42053889 402343 200 $52




FALL 2014

C N R

99

L

Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre


Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport

m nd

N o

6 R d

V u l c a n W y

Bridgeport Rd

B r i d g e

Granville Ave

River Rd

Blundell Rd

Francis Rd


N o

4 R d

R a i l w a y A v e

G i l b e r t R d

N o

1 R d

Russ B a k e

r W y


Vulca n W y

t B r i d g e

A r t h u

r L

a i n

Westminster Hwy


Richmo

Cambie Rd

Alderbridge Wy

N o

5 R d

N o

3 R d

1

2 3

4



HIGHLIGHTS


MARKET SUMMARY





Burnaby




townhouse units




office space






HIGHLIGHTS









TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Concord Paci1047297c $62091000 1012680 NA -





F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave


R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e


Imperial St


M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r


u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t





i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






HIGHLIGHTS


MARKET SUMMARY



























TOWNHOUSEAPARTMENT


Vancouver - East $100-$180 $65-$150 $105-$185



and enacted

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS




Holdings Ltd$2700000 12197 120 $184


Ltd$1912500 4190 145 $314

FALL 2014

KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


KingEdward

BroadwayCity Hall

Olympic Village

YaletownRoundhouse

Oakridge41st Ave


Commercial

Rupert Renfrew

Gilmore

VCCClark

Commercial

Rupert Renfrew

Gilmore

VCCClark

Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront Burrard

StadiumChinatown

Main St

Broadway

Nanaimo

29th Ave

Joyce

Granville

Waterfront

Va co er

Eton St

G r a n g e

R u p e r t S t

McGill St

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

E 41st Ave

r

C l a r k D r

t t

E 33rd Ave

E 12th Ave

G r e at Nor

t h e r n W y

a n S t

D a v i e S t i 1047297 c S t

33rd Ave

r

Grandview Hwy

e m

o r i a l B

r i d

g e

C o

m m e r c i a l D r

E Hastings Street

E Broadway

K i n g s w a y

Will in

gdon

Ave

King Edward Ave

41st Ave

W 12th Ave

Canada Wy

G i l m o r e A v e

1

2

3

4



HIGHLIGHTS


MARKET SUMMARY

NORTH SHORE















KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS





Polygon Group $13352210 215544 120 $52













TOWNHOUSEAPARTMENT


North Vancouver $120-$140 $70-$110 $90-$160






FALL 2014

Burrard Inlet

1

Vancouver Vancouver

Burrard

Granville

Waterfront Burrard

Granville

Waterfront

a n S t

a v i e S t 1047297 c


S t e

vE d g e m

o n t B l v d

Welch St

L a r s o n

R d

D e l b

r o o

W E s p l a n a d e


C h e s t e r 1047297 e l d A v e


W 13th St



F e

l l

A v e

E K e i t h

B r i d

g e

H i g h w a y

T a y l o r W y

7A

M t

S e y m o u r R

d

D e e p

C o v e

R d

Mt Seymour Pkw y

St

B e r k l e y

R d

E R i v e

r s i d

e D r

H y a n n i s D

r


3

2

1



HIGHLIGHTS


MARKET SUMMARY

RICHMOND









raquo








HIGHLIGHTS







underground parking




TOWNHOUSEAPARTMENT


Richmond $170-$200 $80-$90 $65-$100

KEY SALES


SPACE RATIO (FAR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Polygon Group $42053889 402343 200 $52




FALL 2014

C N R

99

L

Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre


Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport

m nd

N o

6 R d

V u l c a n W y

Bridgeport Rd

B r i d g e

Granville Ave

River Rd

Blundell Rd

Francis Rd


N o

4 R d

R a i l w a y A v e

G i l b e r t R d

N o

1 R d

Russ B a k e

r W y


Vulca n W y

t B r i d g e

A r t h u

r L

a i n

Westminster Hwy


Richmo

Cambie Rd

Alderbridge Wy

N o

5 R d

N o

3 R d

1

2 3

4



HIGHLIGHTS


MARKET SUMMARY





Burnaby




townhouse units




office space






HIGHLIGHTS









TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Concord Paci1047297c $62091000 1012680 NA -





F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave


R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e


Imperial St


M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r


u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t





i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






HIGHLIGHTS


MARKET SUMMARY

NORTH SHORE















KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS





Polygon Group $13352210 215544 120 $52













TOWNHOUSEAPARTMENT


North Vancouver $120-$140 $70-$110 $90-$160






FALL 2014

Burrard Inlet

1

Vancouver Vancouver

Burrard

Granville

Waterfront Burrard

Granville

Waterfront

a n S t

a v i e S t 1047297 c


S t e

vE d g e m

o n t B l v d

Welch St

L a r s o n

R d

D e l b

r o o

W E s p l a n a d e


C h e s t e r 1047297 e l d A v e


W 13th St



F e

l l

A v e

E K e i t h

B r i d

g e

H i g h w a y

T a y l o r W y

7A

M t

S e y m o u r R

d

D e e p

C o v e

R d

Mt Seymour Pkw y

St

B e r k l e y

R d

E R i v e

r s i d

e D r

H y a n n i s D

r


3

2

1



HIGHLIGHTS


MARKET SUMMARY

RICHMOND









raquo








HIGHLIGHTS







underground parking




TOWNHOUSEAPARTMENT


Richmond $170-$200 $80-$90 $65-$100

KEY SALES


SPACE RATIO (FAR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Polygon Group $42053889 402343 200 $52




FALL 2014

C N R

99

L

Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre


Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport

m nd

N o

6 R d

V u l c a n W y

Bridgeport Rd

B r i d g e

Granville Ave

River Rd

Blundell Rd

Francis Rd


N o

4 R d

R a i l w a y A v e

G i l b e r t R d

N o

1 R d

Russ B a k e

r W y


Vulca n W y

t B r i d g e

A r t h u

r L

a i n

Westminster Hwy


Richmo

Cambie Rd

Alderbridge Wy

N o

5 R d

N o

3 R d

1

2 3

4



HIGHLIGHTS


MARKET SUMMARY





Burnaby




townhouse units




office space






HIGHLIGHTS









TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Concord Paci1047297c $62091000 1012680 NA -





F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave


R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e


Imperial St


M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r


u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t





i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






HIGHLIGHTS


MARKET SUMMARY

RICHMOND









raquo








HIGHLIGHTS







underground parking




TOWNHOUSEAPARTMENT


Richmond $170-$200 $80-$90 $65-$100

KEY SALES


SPACE RATIO (FAR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Polygon Group $42053889 402343 200 $52




FALL 2014

C N R

99

L

Bridgeport

Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre


Aberdeen

Lansdowne

Brighouse

Templeton

Sea Island Centre

YVR Airport

m nd

N o

6 R d

V u l c a n W y

Bridgeport Rd

B r i d g e

Granville Ave

River Rd

Blundell Rd

Francis Rd


N o

4 R d

R a i l w a y A v e

G i l b e r t R d

N o

1 R d

Russ B a k e

r W y


Vulca n W y

t B r i d g e

A r t h u

r L

a i n

Westminster Hwy


Richmo

Cambie Rd

Alderbridge Wy

N o

5 R d

N o

3 R d

1

2 3

4



HIGHLIGHTS


MARKET SUMMARY





Burnaby




townhouse units




office space






HIGHLIGHTS









TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Concord Paci1047297c $62091000 1012680 NA -





F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave


R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e


Imperial St


M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r


u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t





i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






HIGHLIGHTS


MARKET SUMMARY





Burnaby




townhouse units




office space






HIGHLIGHTS









TOWNHOUSEAPARTMENT


Edmonds $90-$120 $80-$110 $65-$90

Brentwood $90-$100 $75-$90 $65-$90

Metrotown $110-$125 $90-$120 $85-$130

LougheedBurquitlam

$100-$120 $65-$80 $60-$90


KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Concord Paci1047297c $62091000 1012680 NA -





F r a s

e r R i v

e r

1

7A

rcial

Rupert Renfrew


Holdom



Braid

Sapperton


rcial

Rupert Renfrew


Holdom



Braid

Sapperton


Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Nanaimo

29th Ave

Joyce

Patterson

Metrotown

Royal Oak

Edmonds


Columbia

Scott Rd

Gatew

Burnaby

ees i er

C l a r k e

R d

Como Lake Ave


R d

116t

Parker St Curtis St

G a g l a r d i W y

G e r a l d A v e

S p e r l i n g S t

N o r t h R d

C a n a d a W y

6 t h S t

1 0 t h

A v e

8 t h

A v e

6 t h A v

e

Q u e e n s

A v e

Deer Lake Pkwy

G i l l e

y A

v e


Imperial St


M arine D r

Marine Wy

B y r n e

R d

T y n e S t

B o u n d a r y R d

G r a n g e S t

R d

R i v e r


u p e r t S t

H o l d o m S

t

Dundas St

R e n f r e w

S t

1st Ave

Venables St

N a n a i m o S t

49th Ave E

K e r r S t

l l i o t

S t

K e n t Av e S

Grandview Hwy

B l u e

M o u n t a i n S t





i d g e

S t e w

ards o n W y

C o l u

m b i a S t

W y

Kingsway

stings Street

E Broadway

U n i t e d

St Jo

W i l l

i n g

d o n

A v e

Canada Wy

G i l m o r e A v e

3

2

1

4

FALL 2014



HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






HIGHLIGHTS


MARKET SUMMARY

TRI-CITIES
















HIGHLIGHTS




grade





TOWNHOUSEAPARTMENT


Coquitlam $39-$41 $30-$65 $60-$80


Port Moody NA $55-$70 $35-$80

KEY SALES


SPACE RATIO (FSR)

PRICE PER BUILDAB

SQUARE FOOT (BS


Group$7128000 38630 250 $74





FALL 2014

C P R

1

7

Port Moody

CoquitlamCentral

Port Coquitlam

Port Moody

CoquitlamCentral

Port Coquitlam





Port oo y

PorCoqui lam

Coq lam

Victoria Dr

Prairie Ave

C e

d a r

D r



B r o a d w a y S t

S h

a u

g h

n e s s y S t

W o o d l a n

d P

i p e l i n

e R d

P ano r a m a D

r

J o h n s o n

S t

La n d s d o w

n e

D r

P i n e

t r e e W y

i t t R i

v e r

R d

E a s t R d


I o c o R d

A p

r i l Rd

H e r i t a g

e M o

u n t a i n B

l v d

C l a r k e

R d

Como Lake Ave

M a

r i n

e r

W y

L i n t o n S t


Austin Ave

G a g l a r d i W y

R d

ton St

B l u


B e d w

e l l B

a y Rd


u n e t t

e A v e

h n e s s y S

t


L o u g h e e d

St Johns St

1

3

2

4



HIGHLIGHTS











raquo








94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers






HIGHLIGHTS











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94 townhouse units






TOWNHOUSEAPARTMENT


City Centre $20-$40 $15-$40 $18-$35

Newton$1200000-$1400000

per acre$15-$25 NA

Cloverdale$1000000-$1200000

per acre$15-$25 NA

South Surrey$1800000-$2000000

per acre$25-$40 $65-$80

MARKET SUMMARY

SURREY

KEY SALES







FALL 2014

S O U T H

E R N R A I L W

A Y

99

1 5 2 n d S t

40th Av

1 6 0 t h S t

1 6 0 t h S t

24th Ave

28th Ave

0 t h S t


40th A v e

Colebrook Rd

6th Ave

1 4 8 t h S t

64th Ave

68th Ave

F r a s

e r R i v

e r

99A

SappertonSapperton

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

ter

olumbia

Scott Rd

Gateway

Surrey Central

King George

1 4 8 t h S t

76th Ave76th Ave

S c o t t R d

1 2 0 t h S t

Ave

4 0 t h S t

4 4 t h S t

2 n d S t

84th Ave

1 2 8 t h S t

Ave

88th Ave

92nd Ave

96th Ave

1 3 2 n d S t

100th Ave

S c o t t

R d

100th Ave

104th Ave


r R d

116th Ave

rt ey v eP



C o l u

m b i a S t

K i n

g G e

o r g e

H i g h

w a y


1

2

4






CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers









CONTACT INFORMATION



James Lang


DIRECT +1 604 661 0868


Dan Chat1047297eld


DIRECT +1 604 692 1476







Investment Team


5800 Brokers




Documents

LandShareFall2014