BGO announces 82,000 sf. lease with Connor, Clark, and Lunn Financial Group at its flagship Vancouver office property, B6
Vancouver (December 17, 2024) – BGO, a leading global real estate investment manager and provider of real estate services, announced the signing of a new lease agreement with Connor, Clark, and Lunn Financial Group (CC&L) at B6, Vancouver’s newest, ultra-sustainable 534,000-square-foot office building. The lease commitment is for 82,000 square feet across five floors, one of the largest lease deals in Vancouver in 2024, and brings B6’s occupancy level to 97 per cent.
“We are very pleased to welcome Connor, Clark, and Lunn to the B6 community, and look forward to delivering a world-class tenant experience for their employees. At the heart of our vision for B6, is a tenant-centric offering that delivers wellness-driven amenities combined with high sustainability performance. Today’s announcement validates our investment thesis for this asset, and reflects the demand from high quality, discerning tenants for a healthy and socially-engaging working environment for their employees,” said Simon Holmes, Managing Partner, Canadian CIO and Portfolio Manager, BGO.
"Our move to B6 underscores our belief that our greatest asset is our employees. The state-of-the-art facilities and amenities at B6 will offer an exceptional, sustainable working environment, prioritizing the wellbeing of our teams and fostering new opportunities for collaboration," said Carl Jacobsohn, Managing Director, Connor, Clark & Lunn Financial Group. "It also aligns with our commitment to the city of Vancouver, where the CC&L story began over 40 years ago. We're proud and excited to collaborate with BGO and be part of this innovative space."
B6, co-owned by the BGO Prime Canadian Property Fund, and one of Canada’s largest pension funds, OPTrust, is in the heart of Vancouver’s central business district at 1090 W Pender Street and is just blocks away from the Expo Line SkyTrain’s Burrard Station and Vancouver Convention Centre. The building offers free flowing, modern spaces with an open, virtually column-free design, featuring expansive windows that provides occupants with panoramic views of the city and Burrard Inlet.
“OPTrust is proud to invest in such a high-quality, sustainable focused property such as B6. This is a true gem in the Vancouver market, and we are pleased to welcome Connor, Clark, and Lunn Financial Group to their new home,” said Andy Alcock, Managing Director, Real Estate Investments, OPTrust.
Designed by Vancouver-based MCM Architects with sustainability at the forefront, B6 incorporates features such as triple-glazed windows, rainwater harvesting systems, and green roofs to create a healthy and highly efficient working environment. The property includes a 4,000 sq. ft. modern fitness centre, 18 EV charging stations, 159 bicycle lockers, and multiple outdoor terraces for exclusive use by tenants. B6 is targeting LEED Gold and WELL Gold status.
BGO is the leasing agent for B6. Avison Young’s Glenn Gardner and Matt Walker represented CC&L.
About BGO
BGO is a leading, global real estate investment management advisor and a globally-recognised provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $85 billion USD of assets under management (as of September 30, 2024) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 27 cities across thirteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets.
BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
The assets under management shown above includes real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment.
For more information, please visit www.bgo.com
About OPTrust
With net assets of $25 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 111,000 members. OPTrust is a global investor in a broad range of asset classes including Canadian and foreign equities, fixed income, real estate, infrastructure, and private markets, and has a team of highly experienced investment professionals located in Toronto, London, and Sydney.
For more information, please visit OPTrust.com.
Media Contact
Rahim Ladha
Global Head of Communications
media@bgo.com