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gwlrealtyadvisors.com

Partners & Customers

1

About GWL Realty Advisors

GWL Realty Advisors is the real estate arm of Toronto-based insurance company Great-West Life.

Headquarters Location

33 Yonge Street Suite 1000

Toronto, Ontario, M5E 1G4,

Canada

(416) 507-2929

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Latest GWL Realty Advisors News

New Vancouver Centre II office tower complete with Douglas Art salmon sculpture (PHOTOS)

Jan 20, 2023

Jan 20 2023, 1:10 am Exterior of Vancouver Centre II office tower with the 29th floor skyline rooftop outdoor deck shown (left), and the "Spawn" salmon sculpture by Douglas Coupland in the lobby atrium (right). (GWL Realty Advisors) After more than five years of construction, the new Vancouver Centre II office tower in downtown Vancouver is now complete and open. The official opening event was held Thursday afternoon, which involved the unveiling of a striking sculpture by renowned local artist Douglas Coupland, suspended over the three-storey lobby atrium inside the tower. Coupland’s latest art work, measuring 30 ft in length and made of stainless steel, is called “Spawn,” resembling a salmon that swims through the atrium. You might also like: “Mythologically, fish represent the soul,” said Coupland. “What is Vancouver’s soul? We are lucky to live in the city we do, but it’s a privilege, not a right to be here. Part of that privilege is a pact between us and nature – that we nurture it alongside our metropolitan lives, and that we never think of ourselves as being the more important side of the equation.” The atrium has an expansive skylight, allowing natural light to pour in. The “Spawn” salmon sculpture by Douglas Coupland in the lobby atrium of Vancouver Centre II office tower. (GWL Realty Advisors) The “Spawn” salmon sculpture by Douglas Coupland in the lobby atrium of Vancouver Centre II office tower. (GWL Realty Advisors) Vancouver Centre II replaces the parkade of the Vancouver Centre complex, which includes the the underground Vancouver Centre Mall corridor between CF Pacific Centre and Hudson’s Bay, and the 1977-built, 34-storey Scotia Tower. The lobby also has a direct entrance into the lobby of Scotia Tower. The new tower with the address of 733 Seymour Street is immediately west of the Telus Garden office tower. There is a direct connection to the complex’s underground mall, which leads to SkyTrain’s Vancouver City Centre Station on the Canada Line and Granville Station on the Expo Line. About 370,000 sq ft of premium AAA office space is found within the 403-ft-tall tower, which was designed by Musson Cattell Mackey Partnership. The building’s largest tenant is mobile gaming creator Kabam, which pre-leased 100,000 sq ft of space in 2018 . Other major tenants include PI Investments, which has 40,000 sq ft of space, as well as Sandstorm Gold Royalties and Owen Bird. The building is not completely leased . Workers in the building have access to significant shared amenities, including a large skyline rooftop outdoor deck on the 29th level, which faces the southwest to provide impressive urban and English Bay views. A large programmable lighting feature has also been installed along the facade of the floors above this deck. Exterior of Vancouver Centre II office tower with the 29th floor skyline rooftop outdoor deck shown. (GWL Realty Advisors) Other amenities include a fitness facility with change rooms, showers, and end-of-trip ccling facilities, as well as a private dog park. The large public atrium in the base of the building is designed in a way to be suitable for community events. The building’s extensive green building features and health workspace considerations have given it a certification for SmartScore Platinum and WiredScore Gold. Additional certifications for LEED Platinum and WELL Gold are also being pursued. Vancouver Centre II was developed by GWL Realty Advisors (GWLRA) on behalf of the project’s owners, the Healthcare of Ontario Pension Plan and The Canada Life Assurance Company, which pursued the project as a long-term investment. “With the opening of Vancouver Centre II, we celebrate the evolution of the Vancouver Centre complex into an amenity-rich, spacious, and sustainable office development,” said Glenn Way, the Executive Vice President and Chief Operating Officer of GWLRA. “Together with our owners, we built a leading-edge smart and sustainable building that supports forward-thinking organizations that want to provide employees with inviting, engaging and comfortable spaces.” Construction on Vancouver Centre II first began in October 2017 with the demolition work of the parkade. The building’s completion, originally planned for Summer 2021, was delayed due to pandemic impacts. You might also like:

GWL Realty Advisors Acquisitions

1 Acquisition

GWL Realty Advisors acquired 1 company. Their latest acquisition was Guggenheim Investments on October 19, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/19/2018

$99M

Acquired

1

Date

10/19/2018

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

GWL Realty Advisors Partners & Customers

1 Partners and customers

GWL Realty Advisors has 1 strategic partners and customers. GWL Realty Advisors recently partnered with Brainbox AI on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/20/2021

Partner

Canada

BrainBox AI Pilot Achieves 25-29% Energy Savings in Two GWL Realty Advisors Toronto Properties

GWL Realty Advisors Inc. 's partnership with BrainBox AI aligns with the company 's commitment to environmental sustainability through innovation across its real estate portfolio .

1

Date

4/20/2021

Type

Partner

Business Partner

Country

Canada

News Snippet

BrainBox AI Pilot Achieves 25-29% Energy Savings in Two GWL Realty Advisors Toronto Properties

GWL Realty Advisors Inc. 's partnership with BrainBox AI aligns with the company 's commitment to environmental sustainability through innovation across its real estate portfolio .

Sources

1

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