|Canada Post building in Vancouver. Image: changingcitybook.com|
We've gotten word that now Vancouver's large Downtown post office (Federally owned and used by Canada Post) is for sale, several larger-format retailers are interested in the space. Walmart and Target are searching for Downtown Vancouver space with no success. We've been informed that they are in talks with potential purchasers to occupy space either in a restored space or an entirely new, purpose-built complex including retail, offices and residences.
This is very new information and we've been informed that we will be provided more information tomorrow by a Vancouver-based commercial real estate broker. Please stay tuned for what may become a very controversial commercial real estate project in the heart of Downtown Vancouver.