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Colliers Announces the Sale of One of Metro Vancouver’s Largest Multifamily Investment Assets

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By Casey Weeks and Morgan Iannone

Casey Weeks and Morgan Iannone of Colliers International are pleased to announce the successful completion of the Surrey Gardens Apartment Portfolio, 5.9 acres, 3 apartment buildings with 223 residential suites and 11,000 SF retail strip centre.

Transaction Highlights 

Colliers International ran a competitive bid process that achieved 10 bona fide offers from local private Investors, foreign investors and REITS within one month. The winning bid negotiated by the listing team was unconditional.

Results

This transaction represents an acquisition of a 100% freehold interest in one of Metro Vancouver’s largest multifamily transactions ever in Surrey. This is also the first time the property has been on the market since constructed in 1973.

For More Information, Please Contact:
Casey Weeks | Colliers | Vancouver

Casey Weeks

Executive Vice President - Investment | Personal Real Estate Corporation | IW Investment and Land Sales Group

Vancouver

+16046610811
+1 604 318 6892
Email

Casey Weeks specializes in Investment Sales in Greater Vancouver with an emphasis on land and income producing  properties.

Casey and his team have  sold over $1.7 Billion worth of  assets, including multi-family, land, retail, office, industrial, and hotel assets, many of which were large scale and complex. His achievements are a result of his acute understanding of the transaction process, strong relationships with industry professionals, keen understanding of the Greater Vancouver market as well as undivided dedication to client goals and success.

Casey’s refined marketing platform has proven consistently successful in exceeding client's disposition objectives. Clients include private equity, institutional investors, developers, local and offshore investors/developers.

Born and raised in Vancouver, Casey attended Simon Fraser University where he obtained a Bachelor of Arts (1997) with a major in Political Science.

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Morgan Iannone | Colliers | Vancouver

Morgan Iannone

Executive Vice President | Personal Real Estate Corporation | IW Investment and Land Sales Group

Vancouver

+16046622654
+1 604 562 0568
Email

Morgan Iannone is one of the top revenue producing Commercial Real Estate Brokers across Metro Vancouver, he specializes in the sale of development land and investment properties. He prides himself on having a deep understanding of the current and  future value of an investment asset or development site, working with his clients to identify opportunities and maximize the value of their commercial real estate. He is able to consistently exceed client expectations by utilizing a proven marketing platform  and completing complex transactions with tremendous success. 

Morgan has built strong relationships with a large number of local and international developers/investors over the last decade and has been successful in leveraging these relationships to find the right buyers for his clients' assets.

With a strong track record of success, Morgan and his team have facilitated the sale of over $1.7 Billion in redevelopment land and investment properties. His experience spans a wide range of deal types with the focus being urban development land and investment properties, including commercial and residential land assemblies, strata wind-ups, entitled development sites, and retail, office, and multifamily assets. Morgan's clients have come to rely on his expertise and unparalleled market knowledge to guide them towards optimal investment outcomes.

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