In the News 2018-06-19T06:12:37+00:00

In the News

Tech Cities 2.0

Tech Cities 2.0 explores The Tech 25 -- key U.S. and Canadian markets where tech accounts for a significant portion of the local economy -- and demonstrates that these markets typically experience more rent growth and larger property value increases than peer cities. The report outlines employment trends, demographics, millennial trends, venture capital and CRE outcomes for the tech sector and these markets. Read the full report on the Cushman & Wakefield website here: https://cushwk.co/TechCities2

October 17th, 2018|

Commercial Real Estate: Railtown Zoning Change Spurs Redevelopment – article by Evan Duggan via The Vancouver Sun

"Boe Iravani strolls up Railway Street and points out no fewer than 11 buildings he says either can or will be redeveloped in the old industrial heart of Vancouver’s Downtown Eastside. Development application signs are visible on many of the old commercial buildings is a four-block stretch north of Alexander Street, between Heatley and Gore avenues, which butts up against the rail lines of Vancouver Harbour." To read the complete article by Evan Duggan via The Vancouever Sun: https://cushwk.co/2QoJOId

September 13th, 2018|

“Granville Street Strip to See Retail Resurgence” – article by Craig Patterson via Retail Insider

"Downtown Vancouver’s Granville Street strip is in a state of transition that is adding a range of uses beyond the typical nightclubs that characterize it as the city’s ‘Entertainment District’. New and edgy retailers are said to be negotiating leases in the area, nightclubs are expanding service to include lunch and dinner, and new co-working spaces will add vibrancy to the area as Vancouver’s core continues to densify, and gentrify. " To read the complete article by Craig Patterson via Retail Insider: https://cushwk.co/2p6LbhW

July 9th, 2018|

Robson Street Retail Market: Alastair Fergusson Provides Insight

Alastair Fergusson, an Associate Vice President in our office shares some of his knowledge of the downtown Vancouver market with the Vancouver Sun Blog Network. When asked about Robson Street - "It’s got competition from Pacific Centre which has been repositioned with new options below Nordstrom, and from the clustering of luxury stores on Alberni. Robson’s fragmented ownership makes for a less “cohesive” and perhaps less appealing environment for some tenants" Fergusson said. For access to Cushman & Wakefield's Main Streets Across the World document, click here. To read the full Vancouver Sun Blog article, click here. Source: Vancouver Sun Blog Network

December 2nd, 2015|

Covenant House Sleep Out: Hendrik Zessel’s Take Aways

On November 19th, Hendrik Zessel, Senior Managing Director of our Vancouver office participated in the 4th annual Covenant House Sleep Out: Executive Edition, raising awareness and funds for the homeless youth of Vancouver. With nothing but a cardboard box and a sleeping bag, himself and many other community leaders spent a night outdoors to experience firsthand the hardships hundreds of youth battle each and every day on the streets of Vancouver. The participants of this year’s event collectively raised over $683,000 to help struggling youth on the streets of Vancouver. “I learned a lot from this experience but what resonated with me the most is the lack of resources for these kids in our community” said Zessel. “I learned that there are limited shelters in Vancouver and that each have a short shelf life for each person and so onto the next they go or back on the streets.  The Covenant House [...]

December 2nd, 2015|

Mount Pleasant’s First Industrial Heritage Reno To Become New Business Hub

  You probably wouldn’t notice one of Vancouver’s very few industrial heritage buildings if you walked past it. It’s a fairly non-descript concrete block at the corner of 5th and Ontario. But look up and you’ll see a touch of art deco detailing on a building that harkens back to an earlier time in the city’s history. The building was designed in 1942 by Henry Holdsby Simmonds, the architect behind the iconic Vogue and Stanley Theatres and it’s a rare example of existing industrial heritage in the city. This one is getting preserved, renovated and re-imagined, thanks to PC Urban’s vision to take the shell of the building and turn it into a new, vibrant business hub with retail and office space in a neighborhood severely lacking in both. It will soon go from a run-down, austere 20,000 square foot building into a brand new, 54,000 square foot, 6-storey business [...]

December 1st, 2015|