Pacific Northwest real estate firm Cascade Sotheby’s International Realty is moving to the waterfront.
On Thursday, the firm announced that it has reached an agreement with Gramor Development to move its Vancouver office – currently at 402 W 8th Street – to The Waterfront Vancouver in early 2018.
The new, 1,500-square-foot office will be on the ground floor of a planned six-story mixed-use building located on the west end of the development’s Block 6 – east of Grant Street along Columbia Way. The office will be part of a street-level stretch of retail spaces known as The Shops on Waterfront Way.
“We’ve envisioned The Shops as the focal point for the entire development as a showplace for the whole waterfront community, to feature upscale retailers, shopping and eateries in a new urban district for the 2.5 million metro-area residents,” said Gramor President Barry Cain in a press release.
“With the significant offering of future residences at the waterfront, both apartments and condominiums, it was important for us to have a company with such stature as Cascade Sotheby’s at The Shops on Waterfront Way,” he added.
Deb Tebbs, CEO of Cascade Sotheby’s, said it was important for her firm to join the waterfront’s growing tenant list early on.
“We are so excited about the future of this extraordinary development and wanted to be on the ground floor,” said Tebbs. “Cascade Sotheby’s focuses on selling extraordinary properties for extraordinary individuals so this was a perfect fit for our brand.”
The new office will sit on the same block as The Waterfront Vancouver’s first official tenant, M.J. Murdock Charitable Trust. Located in a separate, seven-story office building on the west end of Block 6, the Trust will occupy 18,000 square feet of the top two floors.
“The excitement and anticipation are really building as construction is now fully underway at the Waterfront,” added Cain.
Other tenants heading to the waterfront include Wildfin American Grill, Twigs Bistro and Martini Bar, and Hotel Indigo.