- What A trophy office asset is up for sale in downtown Vancouver
- Why The heritage building has had close to $4m in upgrades
- What next The building is 97% leased
An office building in downtown Vancouver has hit the market looking to fetch bids in the low-$20m area, Green Street News can reveal.
Corbel Commercial has the marketing assignment for the nine-story, 47,000 sq ft building at 402 West Pender Street. It is 97% leased.
Originally known as the British Columbia Securities Building when it was completed in 1912, the trophy building has seen nearly $4m of capital improvements. The property has a mezzanine level and storage locker facilities.
The marketing campaign touts the building’s views of Vancouver’s skyline, award-winning renovations and its flexible office layouts.
Just blocks from Gastown and surrounded by shopping and dining options, the property is 200 m from Waterfront station. The SeaBus and West Coast Express are nearby.
