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Old 12-09-2013, 12:26 PM   #38
J pold
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Quote:
Originally Posted by ranchlandsselling View Post
Interesting.

Any idea who bought the space on 6th ave and 4th street yet? The Imperial owned land that was sold to some unknown?

Man, Western Canadian Place could be tough space to fill, haven't been through it recently and can't recall what sort of shape it's in, but could be a pretty big vacancy. I'd prefer if BCIMC just won them over with a good deal and they stayed put. This current development cycle could do with a lull.

Surprised about Husky though, aren't they notoriously cheap? I'd think I'd be less surprised to see them go into suburban office than a new build.
I've heard Oxford was in the biding but now those rumors have gone cold.

My guts says that bcIMC will put a deal in front of Husky that is too good to walk away from and they renew. I've heard they are offering $100/SF TIA with an extremely discounted rate. With all the backfill space coming to the market in between 2016-2018 they cannot afford to have that much exposure.

From a suburban perspective I know Remington put an RFP in front of them for Quarry Park but ultimately I don't see them leaving the downtown.
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