On behalf of Canada Mortgage and Housing Corporation (CMHC) as Landlord, Marcus & Millichap is pleased to present the rare opportunity to lease the 18,386 SF freestanding building situated at 1286 Cartwright Street on Granville Island in Vancouver, BC. As Vancouver’s premier artistic and cultural hub, located in an urban, waterfront location and steeped in a rich industrial and maritime heritage, Granville Island attracts millions of visitors each year from Vancouver and around the world.
The subject building – a converted 1930s nail factory – has served as the home of Arts Umbrella since 1983, with expansions and renovations having taken place during Arts Umbrella’s tenure. Arts Umbrella will be vacating the subject building which they have outgrown to move into an expanded 50,000 SF facility on Granville Island later this year. The subject building will remain designated for Arts & Culture/Creative Use for this next stage of its life in alignment with Granville Island’s Mission and Vision.
We are seeking expressions of interest from a range of groups and uses who see the creative potential in this unique and iconic building. While the building has served home to a non-profit cultural group for quite some time, both non-profit and for-profit occupancies will be considered during this marketing process. Belowmarket rental rates may be available for non-profit/cultural groups that are aligned with the Granville Island goals and 2040 Vision. For all the details of this opportunity please see the attached brochure below.
We encourage you to contact the below listing agent team directly to share your group’s specific needs and to arrange viewings. We look forward to further discussions on this incredible opportunity with all interested parties.
We will be accepting expressions of interest for this opportunity until April 30, 2021.
Senior Managing Director Investments
Personal Real Estate Corporation