Office tower speculators fearless in Vancouver

By Glen Korstrom

While office leasing has been sluggish in recent months, there have been some notable transactions.

Microsoft Corp. added a large but unspecified amount of space to its site above Nordstrom Inc.’s store at CF Pacific Centre.

Best Buy Co. Inc. plans to move its Canadian headquarters to Vancouver from Burnaby, and occupy the top five floors, or around 77,500 square feet of Cressey Development Group’s 177,500-square-foot building at 425 West 6th Avenue.

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