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Sale of The Westin Grand Vancouver

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The Westin Grand Vancouver 

Sales Date: February 2015
Keys: 207
Buyer: Pacific Reach Properties 

The Westin Grand Vancouver is situated at one of the most desirable locations in the City at the confluence of the downtown core and trendy Gastown and Yaletown neighbourhoods, providing a multitude of amenities and demand generators such as Rogers Arena, BC Place, Granville Island, Stanley Park, Pacific Centre Mall and the Olympic Games Village. The Hotel features a total of 207 stylish suites offering stunning city views, complemented with an outdoor swimming pool, WestinWORKOUT centre and dining at Hidden Tasting Bar as well as +5,000 SF of meeting space. The Offering provided a rare opportunity to acquire prime real estate in a high-barrier to entry thriving pocket of Downtown Vancouver and received significant interest from a variety of domestic and foreign capital sources. A majority interest in the Property was acquired by Pacific Reach Properties, an established hotel owner/operator in the Vancouver market with a growing portfolio of hotel, multi-family, commercial and retail assets under management. 

For More Information, Please Contact:

Robin McLuskie

Managing Director | Hotels

Toronto Downtown

Robin has been with Colliers since 2003 and is responsible for hotel and resort investment sales, business development and client management. As Managing Director of Canadian hotel brokerage operations, she is an industry leader representing Canada's largest hotel owners, focusing on developing long-term client relationships and helping to establish Colliers as the advisor of choice to institutional capital and private investors.

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