GWL Realty Advisors adds Another Class ‘A’ Office Building to its Vancouver Portfolio
February 27, 2018
GWL Realty Advisors today announced that it has expanded its office portfolio in British Columbia with the acquisition of 555 Robson Street – a fully renovated, Class ‘A’ office building located in downtown Vancouver. The acquisition was made on behalf of the Great-West Life, London Life and Canada Life participating policyholder accounts.
“555 Robson is a unique property in a prime location. It’s fully leased, with great proximity to public transit and retail amenities,” said Paul Finkbeiner, President, GWL Realty Advisors. “This is a great addition to the investment portfolios for the participating policyholders accounts, bringing the total real estate investments for those accounts to $1.9 billion”
555 Robson Street is an eight-storey, 135,000 square foot completely refurbished Class A office building located at the corner of Robson and Seymour Streets. The property is 100% leased by Avigilon Corporation and serves as their head office.
This acquisition brings the total value of GWL Realty Advisors assets under management in British Columbia to $2.2B.
GWL Realty Advisors
GWL Realty Advisors Inc. is a leading North American real estate investment advisor providing comprehensive asset management, property management, development and specialized real estate advisory services to pension funds and institutional clients. GWL Realty Advisors Inc. manages a diverse portfolio of office, industrial, retail and multi-residential assets as well as an active pipeline of new development projects. In the United States, the Company provides real estate advisory services through its wholly owned subsidiary, EverWest Real Estate Investors, headquartered in Denver, Colorado.