Deka Completes Purchase Of Vancouver Office Buildings From Oxford

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Howard is based in Burnaby and covers real estate, housing policy, and the development industry.

Oxford Properties listed the two downtown Vancouver office buildings at 401 West Georgia and 402 Dunsmuir for sale last June.as the property manager for 401 West Georgia and 402 Dunsmuir in Vancouver, the two downtown office buildings Deka acquired from

401 W Georgia Street is a 22-storey building that was originally constructed in 1985. The nine-storey 402 Dunsmuir was completed in 2020 as an expansion of 401 W Georgia. The two buildings occupy a 1.38-acre site and total to just over 416,000 sq. ft of Class A and Class AAA office space., last June, 401 W Georgia was fully leased, with Aon Canada Inc., Unbounce Marketing Solutions, Richards Buell Sutton, and BuildDirect.

The sale of the two Vancouver office buildings is the latest in a string of sales Oxford Properties and OMERS have been involved in over the past six months months.The two Vancouver office buildings are also not the first office buildings Oxford has sold in recent years. In August 2022, it also sold theVancouver's Pre-Pandemic Wave Of New Offices Are Completing.

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