Amazon’s Vancouver Office Building Put Up For Sale by Pension Funds
- Oxford, CPPIB are also seeking to sell 401 West Georgia St.
- Funds expect to get about C$350 million for the two properties
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An Amazon.com Inc. office building in Vancouver, along with a neighboring tower, are up for sale by two of Canada’s largest pension funds, according to people familiar with the sales process.
Oxford Properties, the real estate arm of the pension fund representing Ontario’s municipal workers, and the Canada Pension Plan Investment Board expect to get about C$350 million ($266 million) for the buildings at 402 Dunsmuir St. and 401 West Georgia St., according to the people, who asked not to be named because the discussions are private.