Hudson Pacific

Bentall Centre for sale in Vancouver

Thursday, November 5, 2015

Ivanhoe Cambridge has put the iconic Bentall Centre in Vancouver on the market. The sale of the four distinctive office towers could become one of the largest transactions in the city’s history and is expected to attract worldwide interest.

“We believe this is appetite from global institutional investors seeking stable returns in core assets,” said Arthur Lloyd, Ivanhoe Cambridge’s executive vice-president of office for North America.

The complex is co-owned by Ivanhoé Cambridge Inc. and Great West Life Assurance, one of the original investors in the project.

The buildings, built between 1969 and 1981 and located between Burrard and Thurlow and Dunsmuir and Pender streets, have long been the epicentre of Vancouver’s central business district.

The four buildings (21 to 35 storeys) contain nearly 1.5 million square feet of office space, along with 53,000 square feet of retail space underground.

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