Portfolio
Airport Executive Park
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.
- Purchase Date
- January 2019
- Fund
- Fiera Real Estate CORE Fund
- 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
- ESG
Certifications
- BOMA Best Gold