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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. 

Pour plus d’informations, veuillez contacter:

Tiffany Chow

Transaction Manager | Hotels

Toronto Downtown

Tiffany has been involved in over $3.0 billion in deal volume since joining Colliers, providing real-time market knowledge, property underwriting and financial analysis in the preparation of hotel valuations, proposals, investment memoranda and strategic advisory assignments. In her capacity as Transaction Manager, she is the main liaison between respective buyers and sellers during the due diligence process to ensure a smooth and successful transaction for all parties.

Tiffany's background varies across the Hotel, Economic & Development, and Marketing sectors including working for the City of Toronto and consulting experience in São Paulo, Brazil.

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