Airport Executive Park

Overview

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Sector

Office
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Purchase Date

January 2019
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ESG

BOMA Best Gold
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Fund

Fiera Real Estate
CORE Fund

Airport Executive Park (AEP) is a premier 13-building, 707,809 SF suburban office portfolio in Richmond, BC, positioned just east of the Vancouver International Airport. The acquisition provides immediate scale and enhances the CORE Fund’s western geographic exposure with an irreplaceable asset on a 31.5 acre campus in the severely land constrained Greater Vancouver market.

Features 

  • The portfolio contains all Class A product occupied by a strong mix of national and international tenants.
  • The site is strategically located with excellent access to Vancouver International Airport, Downtown Vancouver, the U.S. Border and two major highways of Metro Vancouver.
  • There is a long term development density of 655,000 SF unbuilt GFA permitted by zoning.

Purchase Rationale 

  • Bought for Income
  • Well located

All Assets

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2000 Lebourgneauf

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12 Millenium

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Copper Club at The Metalworks

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Monarc Condos Locatifs – Phase 1

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Elgin Mills

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Mellem

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Maestria

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McRae

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Grange

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12 Millenium

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2000 Lebourgneauf

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Airport Executive Park

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Canadian Tire – Calgary

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Queensway

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High Plains

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NOX Appartements

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35 Lingard Road

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205 New Toronto

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The Summit

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Gibraltar

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The Summit

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NOX Apartments

Image for The Copper Club  at The Metalworks

The Copper Club at The Metalworks

Image for Monarc Rental Condos –  Phase 1

Monarc Rental Condos – Phase 1

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McRae

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Grange

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Canadian Tire – Calgary

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Queensway

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High Plains

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35 Lingard Road

Image for 205 New Toronto

205 New Toronto

Image for Elgin Mills

Elgin Mills

Image for Mellem

Mellem

Image for Maestria

Maestria

Image for Gibraltar

Gibraltar