Skip to content

Robson Street development site sells for $58M

Court-ordered sale expands GWLRA's development base
The court ordered sale of 1555 Robson Street, Vancouver, , announced in April, saw GWL Realty Advisors Inc. acquire the development site for $58 million.

DEAL | GWL Realty Advisors Inc. announced its purchase of 1555 Robson Street on April 18 for future rental development. Terms were not disclosed but property transfer data related to the court-ordered sale pegs the transaction at $58 million. The property last sold in September 2022 for a price reported as $63 million. Combined with its previous purchase of 1525 Robson Street, GWL holds 0.77 acres with zoning permitting about 400 units of purpose-built rental housing and more than 40,000 square feet of retail space.

PRICE | $58,000,000

FROM | GWL Realty Advisors Inc.