Red Sol

Located at 750 Robinson Street in West Coquitlam, Red Sol is a newly completed, six‑storey mass timber, purpose‑built rental community developed by Adera Development. The property comprises over 100 contemporary rental homes with a mix of one‑, two‑, and three‑bedroom suites, featuring modern finishes and a strong emphasis on sustainability and resident wellness. Situated just a short walk from the Burquitlam SkyTrain Station, Red Sol benefits from convenient transit access while maintaining a neighbourhood‑oriented residential environment, reinforcing its position within one of Metro Vancouver’s fastest‑growing, transit‑oriented residential nodes.

Through a comprehensive national marketing campaign that followed the asset from construction completion through majority lease‑up, CBRE worked closely with Adera to navigate shifting market conditions, increased competition from newly delivered rental supply, and evolving investor expectations. By actively managing investor outreach and adapting strategy as market dynamics unfolded, the process generated multiple competitive offers and delivered a successful outcome.

The property was acquired by an institutional investor, underscoring continued demand for high‑quality, purpose‑built rental housing in well‑located suburban markets. More broadly, the transaction reflects a growing trend of global capital targeting newly delivered, ESG‑aligned multifamily assets with stable income profiles and strong demographic tailwinds, particularly in emerging transit‑oriented communities such as West Coquitlam, where thoughtful differentiation and experienced advisory continue to drive investor conviction.