QuadReal Buys Vancouver’s Oakridge Centre

QuadReal Property Group is buying Vancouver's Oakridge Centre from Ivanhoé Cambridge and partnering with Westbank on an extensive redevelopment of Canada’s second-most-productive mall. QuadReal (owned by bcIMC) president Remco Daal said it was a rare opportunity to acquire a flagship Vancouver retail property, and pointed to the 575k SF mall’s position at the hub of transportation and transit networks. Westbank has led planning for the revamp of Oakridge (rendered above), and the project partners are mulling options for an extensive retail, office and residential redevelopment for the 28.5-acre site.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

NYC Lawmakers Consider Mandating Lease Extensions For Retailers

'We're At A Juncture': Downtown Boston Retail Finds Its Post-Pandemic Footing

Lone Star Seeks 58% Uplift In Under 3 Years With £175M UK Mall Sale

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

Chipotle Adding Hundreds Of New Locations Worldwide

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

Bucks County Mall Closing As Owners Prepare Redevelopment Plans

Starbucks Spending $1B To Turn Cafés Into Community Lounges

Thor Equities Reacquires Retail Portion Of Palmer House After Losing It To Foreclosure In 2023

Lululemon Cuts U.S. Expansion Plans, New CEO Takes Helm At Athleisure Staple

Private REIT Closes $650M Refinancing Of 549-Property Daycare Portfolio