What bentall centre does

Bentall Centre is a 1.5 million square foot Class A commercial real estate campus in downtown Vancouver, British Columbia, comprising four interconnected office towers (Tower One through Tower Four) built between 1967 and 1981, an underground retail concourse (The Shops at Bentall Centre) with approximately 40 retail spaces and two food courts, two parkades totaling over 1,000 parking stalls, and outdoor plazas. The property is owned and managed by Hudson Pacific Properties through its Canadian subsidiary Hudson Canada Management ULC, and serves enterprise office tenants (major financial institutions, accounting firms, insurance companies, law firms, and the coworking operator WeWork) alongside retail tenants (restaurants, food service, banking, personal services) and a daily population of nearly 7,000 office workers plus over 18,000 pedestrians.

The underlying technology stack is conventional Class A CRE infrastructure: modern building management systems, MERV-13 or higher HVAC filtration, 24/7 security monitoring, an underground concourse connecting all four towers, and tenant-facing digital tools including the My HPP Office mobile app and the Bentall Tenant Service Portal for work orders, handbooks, and forms. All four towers hold LEED Platinum certification, with additional ENERGY STAR, BOMA BEST Silver, and Fitwel certifications. A 450,000 square foot, 16-storey hybrid mass timber development called Burrard Exchange is under construction and will be one of the tallest exposed mass timber office buildings in North America.

Bentall Centre's business model is anchored on recurring rental income from long-term (multi-year) office and retail leases, supplemented by parking revenue (operated by Indigo) and ancillary income from events, film location bookings (via Angus Film), and tenant services. Leasing is conducted directly through a dedicated in-house team of office and retail brokers, with availabilities also listed on the Hudson Pacific Properties website. GTM motion is enterprise field sales targeting large anchor tenants for office space and high-foot-traffic retail operators for the concourse. Customer segments are bifurcated between enterprise office tenants (primary revenue) and retail tenants (secondary, supporting the office ecosystem), with end-user visitors and the daytime population serving as the demand driver for retail.

Name

bentall centre

Legal name

Bentall Centre

Website

https://bentallcentre.com

Company type

Private

Founded year

1967

Operating status

Operating

Short description

Bentall Centre is a 1.5 million square foot Class A office and retail campus in downtown Vancouver comprising four interconnected towers, a retail concourse, and 1,000+ parking stalls. It is owned and managed by Hudson Pacific Properties and serves enterprise office tenants, retail operators, and a daily population of nearly 7,000 office workers and over 18,000 pedestrians.

Ownership category

akta.pro rank

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Office Space Leasing: Rental income from Class A office tenants across four towers (Tower One, Two, Three, and Four) with varying floor sizes and configurations. Tenants include major financial institutions, law firms, accounting firms, and WeWork.
2. Retail Space Leasing: Rental income from retail concourse tenants including restaurants, food courts, services, banking, and retail shops. Approximately 40 retail spaces ranging from 300 to 2,000 square feet. Rotating pop-up program provides additional short-term retail opportunities.
3. Parking Services: Revenue from two parkades with over 1,000 parking stalls managed by Indigo, including Pender Parkade and Thurlow Parkade entrances

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Bentall Centre provides Class A office and retail space for lease across four office towers (Tower One through Four) totaling 1.5 million square feet in downtown Vancouver, BC. The property also operates a retail concourse called The Shops at Bentall Centre with approximately 40 retail spaces, two food courts, and parking facilities managed by Indigo. Additional offerings include tenant services, pop-up retail programs, and amenities such as a conference centre and athletic centre for tenants.

Product overview

Bentall Centre is a premium downtown Vancouver commercial real estate campus consisting of four Class A office towers (Tower One through Four) totaling 1.5 million square feet, managed by Hudson Pacific Properties. The property includes The Shops at Bentall Centre retail concourse with ~40 retail spaces, two food courts (Burrard Food Court and Dunsmuir Food Court), and the under-development Burrard Exchange (450,000 SF mass timber building). Tenant amenities include a conference centre, athletic centre, bike facilities, EV charging, and extensive outdoor plazas. The campus serves nearly 7,000 daytime occupants with direct connections to Burrard SkyTrain station.

Differentiator

Problem solved

Functional benefit

Products and services

• Tower One Office Space Class A office tower spanning 270,000 square feet over 21 storeys at 505 Burrard Street. LEED Platinum and BOMA BEST Silver Certified building anchored by JOEY Bentall One. Leased to enterprise tenants.
• Tower Two Office Space Class A office tower spanning 179,000 square feet over 18 storeys at 555 Burrard Street. LEED Platinum and BOMA BEST Silver Certified building anchored by WeWork with expansive outdoor plaza and Burrard Benches. Leased to enterprise tenants.
• Tower Three Office Space Class A office tower spanning 466,000 square feet over 32 storeys at 595 Burrard Street. LEED Platinum and BOMA BEST Silver Certified building anchored by Bank of Montreal with rotating art gallery program. Leased to enterprise tenants.
• Tower Four Office Space Class A office tower spanning 581,000 square feet over 35 storeys at 1055 Dunsmuir Street. LEED Platinum and BOMA BEST Silver Certified building featuring Dunsmuir Patio and direct connection to Shops at Bentall Centre. Houses main security desk. Leased to enterprise tenants.
• The Shops at Bentall Centre Downtown Vancouver shopping and dining concourse offering approximately 40 retail spaces ranging from 300 to 2,000 square feet, featuring diverse dining, retail, banking, health, fitness, and service providers. Over 18,000 pedestrians walk through daily. Connected directly to Burrard SkyTrain Station.
• Parking Services Over 1,000 parking stalls across two parkades (Pender Parkade and Thurlow Parkade) directly accessible from the underground retail concourse. Managed by Indigo with online payment available through ca.parkindigo.com for Lot 101 Pender Parkade and Lot 102 Thurlow Parkade.
• Bentall Pop-Ups Program Rotating lineup of temporary pop-up retail spaces highlighting local Vancouver retailers within the retail concourse. Provides short-term retail leasing opportunities for emerging and local brands.

Quantifiable outcome

• Over 18,000 pedestrians walk through Bentall Centre every weekday
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Hudson Pacific PropertiescoreStrategic or Co-development PartnerHudson Pacific Properties is the property manager of Bentall Centre, delivering property management, leasing, marketing, and asset management services. The company creates long-lasting relationships with tenants, partners and clients through property acquisition, development, management, construction, leasing, marketing, and asset management.
• Kohn Pedersen Fox Associates (KPF)coreStrategic or Co-development PartnerKPF serves as the design architect for Burrard Exchange, the 450,000 SF mass timber development at Bentall Centre. KPF is a globally recognized architecture firm.
• Adamson Associates ArchitectscoreStrategic or Co-development PartnerAdamson Associates Architects serves as the architect of record for Burrard Exchange, working alongside design architect KPF.
• Angus FilmminorStrategic or Co-development PartnerAngus Film is the designated partner for film location bookings at Bentall Centre. Contact them for information on filming locations, contracts, and FAQs.
• IndigocoreChannel Partner/ Reseller/ DistributorIndigo manages parking operations at Bentall Centre, servicing over 1,000 parking stalls across Pender Parkade and Thurlow Parkade. Online parking payment available through ca.parkindigo.com.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Pacific Centre: Comparable Class A office and retail complex in downtown Vancouver operated by Cadillac Fairview; directly competes for the same tenant pool in the same CBD submarket with similar SkyTrain-adjacent positioning.
• Vancouver Centre (formerly HSBC Building): Premium downtown Vancouver office complex at 700 West Georgia, similarly anchored by financial institutions and offering comparable Class A space within walking distance of Bentall Centre.
• Royal Centre: Class A office tower at 1055 West Georgia in downtown Vancouver, comparable in scale, tenant profile, and transit accessibility to Bentall's towers; directly competes for institutional office tenants.
• Granville Square: Downtown Vancouver office complex offering comparable Class A space with retail and parking, serving similar enterprise tenant mix in the same submarket as Bentall Centre.
• MNP Tower (formerly Telus Garden): Newer downtown Vancouver Class A office tower with sustainability credentials comparable to Bentall's LEED Platinum positioning, competing for the same ESG-conscious enterprise tenants.

Broad incumbents

• Hudson Pacific Properties: Parent company and property manager of Bentall Centre; a publicly traded West Coast-focused office REIT providing the broader portfolio context (other West Coast office assets) for valuation benchmarking.
• Allied Properties REIT: Canadian office REIT focused on Class A creative-office space in major Canadian cities including Vancouver; comparable public-market benchmark for institutional office valuation and cap rate analysis.
• Dream Office REIT: Toronto-based office REIT with downtown office exposure; provides publicly traded comparable for Canadian downtown office economics, occupancy trends, and valuation multiples.
• Cadillac Fairview: Major Canadian commercial real estate owner/operator operating Pacific Centre and other premium Class A office-retail complexes; broad incumbent comparable for downtown office leasing strategy.
• Oxford Properties: Global real estate investor and operator with significant Canadian office portfolio including Vancouver assets; comparable institutional owner for Class A office investment strategy and tenant mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BentallCentreYVR
• Instagraminstagram.com/bentallcentreyvr

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 bentall centre