Low Tide Properties

What Low Tide Properties does

Low Tide Properties is a privately held commercial and mixed-use real estate investment, development, and management firm headquartered in Vancouver, British Columbia. Founded in 2010 by David Ferguson, the company acquires, renovates, develops, and manages office, retail, industrial, laboratory, and multifamily rental properties concentrated in five emerging Vancouver neighbourhoods—Gastown, Strathcona, South Flatz, Mount Pleasant, and Kitsilano. In 2024 Low Tide expanded across the border into the Seattle metropolitan area, opening a regional office in Kirkland, Washington, and assembling a five-building multifamily portfolio across Kirkland, Bellevue, and Downtown Seattle, including Vela Apartments, the company's first ground-up development in the United States. As of 2024 the portfolio comprises 45+ commercial properties in Vancouver and 5 multifamily buildings in Washington State, supported by a team that has grown from a single founder to over 40 employees.

The product surface spans commercial leasing across heritage-adaptive and modern buildings (The Wilson Block at 155 Water Street; 1077 Great Northern Way, LEED Platinum; 565 Great Northern Way, LEED Gold), laboratory and biotech space in South Flats (The Ferguson, Lab 29), industrial and maker space in Strathcona, and ground-up multifamily construction. The company does not operate a proprietary technology platform; tenant services are accessed through a third-party CommercialCafe tenant login portal and Seattle multifamily leasing is conducted via dedicated property websites. Notable assets and outcomes include the 2022 Urban Development Institute award for Best Commercial/Retail/Office Development at the Wilson Block, a 70% energy-efficiency improvement at 1077 Great Northern Way versus average office buildings, and a 300-pound harvest from the rooftop garden at 887 Great Northern Way maintained by partner MicroHabitat.

Revenue is generated primarily through recurring commercial and residential rental income, supplemented by one-time ground-up development and asset management activity. The firm operates a community-led go-to-market motion: rather than relying on paid advertising, Low Tide curates tenant mixes including biotechnology firms (Chinook Therapeutics), interactive media companies (Blackbird Entertainment), fashion retailers (Oak & Fort, Maison Kitsuné), hospitality tenants (Guilt & Co, Strathcona Beer Company, Kafka's Coffee), design firms (KMBR Architects, Parliament Interiors), and selected community non-profits (Writers' Exchange, Food Stash), then activates the portfolio through events such as Flats Fest, Meet Me in Gastown, and the Strathcona Blocks Party. Marketing is executed through editorial content on the company website, organic social channels, tenant referrals, and a Community Committee that runs employee-led neighbourhood initiatives.

Name

Low Tide Properties

Legal name

Low Tide Properties Ltd.

Website

https://lowtideproperties.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Low Tide Properties is a privately held Vancouver-based commercial and multifamily real estate investment and development firm operating 45+ commercial properties and five Seattle-area multifamily buildings, curating tenant mixes to revitalize emerging neighbourhoods.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Residential Buildings and Dwellings (531110), Lessors of Real Estate (5311)

SIC

Lessors Of Real Property, Nec (6519), Real Estate Operators (No Developers) & Lessors (6510), Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

Keywords

• Commercial real estate
• Property management
• Multifamily rentals
• Mixed-use development
• Heritage renovation

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Commercial and Mixed-Use Property Leasing: Low Tide Properties acquires, renovates, develops, and manages commercial real estate across office, retail, industrial, and mixed-use properties in Vancouver neighbourhoods and Seattle. Revenue is generated through leasing commercial and residential rental spaces to tenants, including creative studios, biotech companies, restaurants, retailers, and professional services firms.
2. Real Estate Development and Asset Management: The firm invests in emerging communities to grow, strengthen, and revive neighbourhoods. This includes ground-up development (e.g., Vela Apartments in Kirkland — Low Tide's first ground-up development in the United States) and the renovation of heritage buildings, adding value through strategic property improvements and tenant curation.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Low Tide Properties acquires, renovates, develops, and manages commercial and residential real estate, leasing office, retail, industrial, laboratory, and multifamily spaces to tenants in emerging Vancouver neighbourhoods and the Seattle metro. The firm curates tenant mixes to build community-driven neighbourhoods, restores heritage buildings, develops ground-up projects, and hosts neighbourhood events such as Flats Fest and Meet Me in Gastown.

Product overview

Low Tide Properties is a real estate investment and property management company operating a diversified portfolio of commercial and residential properties. The company offers a unified platform of property management services across multiple product types: multifamily apartment rentals (Vela Apartments, Voda Apartments, Lux Apartments, The Park in Bellevue, Met Tower, The Wenonah, Fixture, Kits Corner), office spaces (including heritage buildings in Gastown and modern offices in South Flats), retail storefronts, industrial/maker spaces, and laboratory/biotech facilities. The company focuses on emerging Vancouver neighborhoods (Gastown, Kitsilano, Mount Pleasant, South Flats, Strathcona) and the Seattle metro area (Kirkland, Bellevue, Downtown Seattle). Their approach emphasizes community building, tenant partnerships, and property improvements to revitalize neighborhoods.

Differentiator

Problem solved

Functional benefit

Products and services

• Vela Apartments Luxury apartment rentals in downtown Kirkland, Washington, offering panoramic lake views, work-from-home spaces, and a Zen Patio. Marketed as Low Tide's first ground-up development in the United States.
• Voda Apartments Modern apartment community in downtown Kirkland with fitness studios and a hair salon on the ground-floor retail plaza.
• Lux Apartments Boutique apartment community in downtown Bellevue with stylish open layouts and premium finishes.
• The Park in Bellevue Multifamily rental property in Bellevue offering spacious apartments with scenic views, a heated seasonal pool, resident lounge, and fitness center.
• Met Tower Multifamily rental property in Downtown Seattle offering studio, one, two, and three-bedroom apartments with high-end finishes including stone countertops, stainless steel appliances, and hardwood-inspired floors.
• Vancouver Office Properties Office spaces across Vancouver's Gastown, Strathcona, South Flats, Mount Pleasant, and Kitsilano neighbourhoods, featuring heritage buildings, modern renovations, and collaborative workspaces for creative, tech, biotech, and professional services tenants.
• Vancouver Retail Properties Retail spaces in high-traffic Vancouver neighbourhoods, including street-level storefronts in Gastown, Kitsilano, and Strathcona for boutiques, cafes, restaurants, and lifestyle retailers.
• Vancouver Industrial Properties Industrial and maker spaces in Strathcona and other Vancouver neighbourhoods, including renovated warehouses and manufacturing facilities for fabrication and light industrial tenants.
• Vancouver Laboratory Properties Laboratory and biotech spaces in South Flats, including The Ferguson (1618 Station Street) and Lab 29, supporting life sciences and research companies such as Chinook Therapeutics.
• Vancouver Multifamily Rental Properties Residential rental buildings in Vancouver including The Wenonah (166 East 11th Avenue), Fixture (708 East 26th Avenue), and Kits Corner (2180 West 4th Avenue).

Quantifiable outcome

• The Wilson Block at 155 Water Street won the 2022 Urban Development Institute award for Best Commercial/Retail/Office development
• +2 more outcomes

Named customers19 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

21 partnerships are on record, tiered core and minor.

• Strathcona Business Improvement AssociationcoreStrategic or Co-development PartnerLow Tide partners with the Strathcona Business Improvement Association on the annual Strathcona Blocks Party community event, which celebrates Strathcona businesses and brings together local retailers, makers, and community members. The BIA sponsored the 2024 event alongside Lordco Auto Parts.
• Lordco Auto PartsminorGTM or Marketing PartnerLordco Auto Parts was a sponsor of the Strathcona Blocks Party 2024 event.
• Reliance PropertiesminorGTM or Marketing PartnerSponsor of the Meet Me in Gastown 2024 community event.
• The Salient GroupminorGTM or Marketing PartnerSponsor of the Meet Me in Gastown 2024 community event.
• Community Impact Real Estate SocietyminorGTM or Marketing PartnerSponsor of the Meet Me in Gastown 2024 community event.
• PCI DevelopmentscoreStrategic or Co-development PartnerPCI Developments was a sponsor of Flats Fest 2024 and partnered with Low Tide and tenants on food sorting initiatives for Food Stash. PCI represents a key development industry partner in the Vancouver market.
• Centre for Digital MediacoreStrategic or Co-development PartnerLow Tide partnered with the Centre for Digital Media for the Innovation Zone at Flats Fest 2024, showcasing VR experiences and educational displays on emerging technology. Low Tide has also engaged CDM students on a public space imagining project for South Flats. CDM is located at 685 Great Northern Way within the South Flats neighbourhood.
• Emily Carr UniversitycoreStrategic or Co-development PartnerEmily Carr University participates in the Flats Fest Artisan Market and Student Marketplace, with student art available for purchase. Emily Carr is a key educational and creative partner in the South Flats ecosystem.
• Vancouver Community CollegeminorStrategic or Co-development PartnerVancouver Community College was a participant in the Innovation Zone at Flats Fest 2024, showcasing educational programs alongside other South Flats creative and tech organisations.
• DigiBCminorStrategic or Co-development PartnerDigiBC participated in the Innovation Zone at Flats Fest 2024, representing the digital media and interactive gaming industry in South Flats.
• Electronic ArtsminorStrategic or Co-development PartnerElectronic Arts was a participant in the Flats Fest 2024 Innovation Zone, showcasing cutting-edge projects and gaming experiences in the South Flats creative district.
• Writers' ExchangecoreStrategic or Co-development PartnerLow Tide partners with Writers' Exchange, a non-profit providing literacy programs for under-resourced children. Initiatives include supporting space preparation for back-to-school season. The Ink Pad team at Strathcona Blocks Party hand-pressed tote bags for donations to Writers' Exchange.
• Food StashcoreStrategic or Co-development PartnerFood Stash is a South Flats-based charity dedicated to preventing surplus food from going to waste by redistributing it to individuals facing food insecurity. Low Tide employees sorted and boxed food on multiple occasions in partnership with PCI Developments and Low Tide tenants.
• MicroHabitatcoreStrategic or Co-development PartnerMicroHabitat maintains an urban rooftop farm at 887 Great Northern Way, transforming the unused rooftop into a productive garden. MicroHabitat's mission is to build a healthier society by reconnecting people with nature and their food. They also provide educational programs for South Flats tenants and harvested 300 pounds of produce in one season.
• Strathcona Beer CompanycoreChannel Partner/ Reseller/ DistributorStrathcona Beer Company is both a tenant at 895 East Hastings in Strathcona and a vendor at community events, hosting beer gardens at Strathcona Blocks Party and Flats Fest. The brewery is central to the neighbourhood's craft beverage scene.
• Red Truck Beer CompanyminorChannel Partner/ Reseller/ DistributorRed Truck Beer Company is a vendor at Flats Fest 2024, serving beverages at the beer garden.
• 1933 Liquor Co.minorChannel Partner/ Reseller/ Distributor1933 Liquor Co. was a beverage vendor at Flats Fest 2024. The company also has a presence at 895 Great Northern Way in South Flats.
• Strathcona Elementary SchoolcoreStrategic or Co-development PartnerLow Tide has partnered with Strathcona Elementary School since 2020, assembling snack baskets for students in May and November. Sponsors Securiguard and Haakon help fund the initiative.
• Gastown Business Improvement SocietycoreStrategic or Co-development PartnerLow Tide participates in the Gastown Business Improvement Society's annual neighbourhood clean-up, combining efforts to keep the neighbourhood clean and engage community members.
• SecuriguardminorGTM or Marketing PartnerSecuriguard was a sponsor of the Strathcona Elementary School snack basket initiative, helping fund snack programs for under-resourced students.
• HaakonminorGTM or Marketing PartnerHaakon was a sponsor of the Strathcona Elementary School snack basket initiative, helping fund snack programs for under-resourced students.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Cressey Development Group: Vancouver-based developer with multifamily residential and commercial assets in Greater Vancouver. Directly comparable on multifamily operating expertise and Pacific NW concentration, though Cressey's portfolio is more residential-weighted than Low Tide's mixed approach.
• PCI Developments: Vancouver-based commercial real estate developer active in South Flats and other emerging neighbourhoods, and an explicit Low Tide event and community partner. Directly comparable as a competitor for the same neighbourhood-level commercial development opportunities.
• Westbank Corp: Vancouver-based real estate developer focused on architecturally distinctive, mixed-use and cultural projects across Canada and the US. Comparable community- and design-led philosophy to Low Tide's curation of creative and design tenants, with a stronger tilt toward iconic architecture and cultural partnerships.
• Onni Group: Vancouver-based diversified real estate developer and owner of office, multifamily, retail, and industrial properties across North America. Most directly comparable to Low Tide given overlapping Vancouver focus, diversified asset classes, and similar tenant mix of creative, tech, and commercial occupiers.
• Townline: Vancouver-based diversified real estate developer with residential, commercial, and mixed-use assets across BC and Washington State. Comparable for its Pacific NW cross-border strategy and mixed asset-class portfolio, particularly relevant to Low Tide's Seattle expansion ambitions.
• Anthem Properties: Large Vancouver-based diversified real estate investment, development, and management firm with residential, commercial, and mixed-use assets. Comparable in scale and diversified asset-class model, though Anthem is significantly larger and more institutionally capitalised.
• The Salient Group: Vancouver-based real estate developer focused on commercial, heritage, and mixed-use projects in neighbourhoods including Gastown. Direct peer as a fellow sponsor of community events and developer of character-rich commercial space in the same submarkets as Low Tide.
• Reliance Properties: Vancouver-focused heritage and commercial property owner-operator that has sponsored Low Tide's community events. Comparable as a heritage-building owner in Gastown and other Vancouver neighbourhoods with similar tenant-curation approach to character properties.

Broad incumbents

• Grosvenor Americas: International real estate investor and developer with significant Vancouver and Pacific NW holdings across office, residential, and mixed-use. Comparable as a larger, more established owner-operator with deeper capital base and broader geographic footprint, representing the scaled incumbent model Low Tide may evolve toward.

Emerging players

• Polygon Homes: Large Vancouver-area multifamily residential developer and builder. Relevant peer for Low Tide's multifamily apartment operations, though Polygon's condominium for-sale focus differs from Low Tide's rental model in Seattle.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/low-tide-properties
• Instagraminstagram.com/lowtideproperties
• Xx.com/LowTideProperty

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Low Tide Properties