Major Lease Transactions

[1] A new mixed-use complex mingles modern office space with fashionable retail space by expanding the existing Pacific Center complex by 565,000ft2. The redevelopment project also features 290,000ft2 of AAA class office space and 45,000ft2 of space for fresh and new retailers. This project, located at 725 Granville Street, will be home to Microsoft, Sony Pictures Imageworks and Miller Thomson LLP.

One of the headliner retail spaces in this redevelopment project is the construction of the 230,000ft2 flagship Nordstrom Department Store. News regarding the development of Nordstrom in the pre-existing Sears space, however, has been released for quite some time. On the other hand, the major lease transactions for the two technology giants and the national law firm have been the most recent lease transaction. This exciting project will strengthen Pacific Center's position and reputation in the marketplace as Vancouver's paramount mixed-use complex. 

 [2] A recent lease renewal has been made for Allstream, located at 175 West Cordova Street. They are a Canadian-owned national communications provider for voice, data and Internet services. They have helped their clients transition from traditional telephone services to IP-based solution as a way to reduce costs, simplify IT operations and connect their businesses more effectively. 

 [3] Tetra Tech, a leading provider of consulting, engineering, and technical services worldwide, has recently gone into a lease agreement for 885 Dunsmuir Street. They offer clear solutions made possible with sound science, understanding, innovation and industry-leading approaches.

 [4] Odlum Brown Ltd., is a full-service investment management firm that prides itself on providing superior investment advice and service. The lease renewal is for PWC Place, located at 250 Howe Street. This office tower by Waterfront Properties was originally built a little over a decade ago in 2002 and features an impressive grand lobby which exhibits a sleek design that is manifested throughout the building. This building is named after PricewaterhouseCoopers, a prestigious, multinational accounting services firm.

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