Green Street News: BGO JV’s new Vancouver office tower nears 100% occupancy
BGO’s flagship office building, B6, in Vancouver has secured a major lease with Connor, Clark & Lunn Financial Group for 82,000 square feet over five floors, bringing the building to 97% occupancy. As one of Vancouver's newest premium office spaces, B6 exemplifies the ongoing "flight-to-quality" trend in Canada’s office market. Designed with sustainability and tenant well-being in mind, the 32-story tower features triple-glazed windows, rainwater harvesting systems, green roofs, and premium amenities such as a fitness center, EV charging stations, and terraces. Co-owned by BGO Prime Canadian Property Fund and OPTrust, the building stands as a testament to BGO's investment strategy in high-quality assets.
Simon Holmes, BGO’s Chief Investment Officer, highlighted the strategic focus on trophy assets in resilient markets, with B6 serving as a cornerstone of this vision. The property's modern design and prime location in Vancouver's business district have made it a sought-after choice for tenants like Microsoft and CC&L. The move by CC&L underscores the value of creating sustainable, high-quality workspaces that promote employee well-being and collaboration. This deal further reinforces the building's status as a catalyst for increased in-office attendance and investor confidence in the Vancouver office market.
