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BGO signs CC&L to 82,000-sq.-ft. lease in Vancouver's B6 tower

Connor, Clark and Lunn move brings the new office highrise to 97 per cent occupancy

The B6 tower in downtown Vancouver. (Courtesy BGO)
The B6 tower in downtown Vancouver. (Courtesy BGO)

Connor, Clark, and Lunn Financial Group (CC&L) will be moving its downtown Vancouver office to BGO's new 32-storey B6 tower. The 82,000-square-foot lease represents one of the largest deals in the region in 2024.

The lease covers five floors in the structure, which was completed last year and comprises a total of 534,000 square feet. The bulk of the tower is office space, with retail and commercial space on the ground levels.

“We are very pleased to welcome Connor, Clark, and Lunn to the B6 community, and look forward to delivering a world-class tenant experience for their employees,” Simon Holmes, managing partner, Canadian CIO and portfolio manager for BGO, said in the announcement. “At the heart of our vision for B6, is a tenant-centric offering that delivers wellness-driven amenities combined with high sustainability performance. 

“Today’s announcement validates our investment thesis for this asset, and reflects the demand from high quality, discerning tenants for a healthy and socially-engaging working environment for their employees.”

The lease brings B6 to 97 per cent occupancy.

CC&L’s Vancouver office has been located in the Fortis BC Centre, a 24-storey class-A tower also located in the downtown on W. Georgia St.

"Our move to B6 underscores our belief that our greatest asset is our employees. The state-of-the-art facilities and amenities at B6 will offer an exceptional, sustainable working environment, prioritizing the wellbeing of our teams and fostering new opportunities for collaboration," Carl Jacobsohn, the managing director of CC&L, said in the announcement. "It also aligns with our commitment to the city of Vancouver, where the CC&L story began over 40 years ago. 

“We're proud and excited to collaborate with BGO and be part of this innovative space."

Downtown Vancouver's B6 tower

B6 is co-owned by the BGO Prime Canadian Property Fund, and one of Canada’s largest pension funds, OPTrust.

It is located in the heart of Vancouver’s central business district at 1090 W. Pender St., a few blocks from the Expo Line SkyTrain’s Burrard Station and the Vancouver Convention Centre. The building offers modern spaces, with an open, virtually column-free design, featuring expansive windows with views of the city and Burrard Inlet.

“OPTrust is proud to invest in such a high-quality, sustainable focused property such as B6. This is a true gem in the Vancouver market, and we are pleased to welcome Connor, Clark, and Lunn Financial Group to their new home,” Andy Alcock, the managing director, real estate investments at OPTrust, said in the announcement.

Designed by Vancouver-based MCM Architects, B6 is highly sustainable. It incorporates features such as triple-glazed windows, rainwater harvesting systems and green roofs. It includes a 4,000-sq.-ft. fitness centre, 18 EV charging stations, 159 bicycle lockers and multiple outdoor terraces for exclusive use by tenants. 

B6 is targeting LEED Gold and WELL Gold status.

The tower is among a group of a half-dozen major, recently completed office towers which comprise the most recent cycle of construction in the downtown. The newest wave of buildings have benefitted from a move by many tenants to newer, higher quality properties in the wake of the pandemic and the rise of hybrid working arrangements.

BGO is the leasing agent for B6. Avison Young’s Glenn Gardner and Matt Walker represented CC&L.

About BGO and OPTrust

BGO is a global real estate investment management advisor and provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately US$85 billion of assets under management (as of Sept. 30) and expertise in the asset management of office, industrial, multiresidential, retail and hospitality properties. 

BGO has offices in 27 cities across 13 countries.

BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.

With net assets of $25 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 111,000 members. 

OPTrust is a global investor in a broad range of asset classes including Canadian and foreign equities, fixed income, real estate, infrastructure and private markets, and has a team of investment professionals located in Toronto, London and Sydney.

 



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