Success Story

1560 Rand Avenue Vancouver BC

Success Story

1560 Rand Avenue Vancouver BC

Price: Confidential

Representation

Vendors

Land Use

Industrial

Building Size

133,042 SF

Land Size

5.07 Acres

Year Sold

2022

City

Vancouver

The Challenge

The Vendor was not motivated to sell and wanted to hold the property long term and as a legacy asset.

1560 Rand Avenue aerial picture Industrial Development site sold in Vancouver by LUK commercial real estate group
1560 Rand Avenue aerial picture Industrial Development site sold in Vancouver by LUK commercial real estate group

The Strategy and Action

Through our diverse network and clientele, we presented this as an Off Market Opportunity to our qualified buyer pool.

We acted and were consistent in presenting the Vendor with offers throughout several years until the Vendor was ready to sell.

Solution and Outcome

A qualified and well capitalized developer came to the table with a good offer that made sense for the Vendor to sell.

The outcome was a win-win solution as the Vendor got a premium price for selling their asset and the developer secured a visionary project to work on.

1560 Rand Avenue Industrial Development site sold in Vancouver aerial picture

Contact Our Experts

Contact us to connect with an experienced commercial real estate expert who can help you gain access to the best off market opportunities or achieve your investment goals. Let us know how we may assist you by leaving your contact information and details about your request. We look forward to hearing from you.

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