$3,200,000 Investment Sale in Saint-Bruno, Quebec
May 8th
NAI Commercial, represented by Paul-Éric Poitras and Béatrice Roquet, concluded the sale of an industrial property located at 1545 Marie-Victorin Street in Saint-Bruno.
The investment opportunity consisted of a 59,640-square-foot building built in two phases (1988 and 2006) on a lot of 121,753 square feet. The property is fully occupied by Les Systèmes de Distribution Coast (Canada) Inc., a company registered on the New York Stock Exchange.
Société Immobilière IMSO, a Quebec company, acquired the building for $3,200,000 or $53,66 per square foot. The sale was concluded at an OCR of 9.5%.
234,142 sf Industrial Building Sold for $2,400,000 in Laurierville, Quebec
May 6th
NAI Commercial is pleased to announce the sale of a building belonging to Les Industries de la Rive-Sud Ltée, located at 326 Tanguay Street in Laurierville, south of Quebec City. Alain Côté, real estate broker – commercial, successfully concluded the sale of the 234,142-square-foot building on a lot of 651,137 square feet for the sum of $2,400,000 to the Fédération des producteurs agricoles du Québec. More >
4.8 acre Development Site in Langley Sold for $3,700,000
May 1st
Aleem Thaver of NAI Commercial – Langley has sold a 4.8 acre development site on 19820 – 88th Ave , Langley, British Columbia. The transaction value was $3,700,000.
NAI Commercial Quarterly Economic Briefing with Dr. Linneman
Apr 24th
If you miss our global economic outlook webcast on April 19, please click below to watch the presentation on demand:
NAI Commercial Global Economic Outlook Webcast is tomorrow, Apr 19
Apr 18th
Where are we in the recovery and where are the jobs? Join us as NAI Chief Economist, Dr. Linneman, provides an update on the real estate capital market and pricing; the fate of the Euro and the upcoming election implications.
Join NAI Chief Economist Dr. Peter Linneman for an insightful discussion on these topics and more.
Global Economic Outlook with Dr. Peter Linneman Web Conference
Date: April 19, 2012
Time: 1:00 PM Eastern / 10:00 AM Pacific
Global Market Spotlight Videos from MIPIM 2012
Apr 5th
MIPIM is the world’s largest business platform for real estate professionals to network, buy, sell, finance and learn. The event attracts top property developers, consultants, business brokers and real estate companies from around the world. Over 19,000 real estate professionals from 90 countries including 4,200 investors and representing 6,000+ companies attend MIPIM.
NAI Global always has a strong presence at MIPIM and 2012 was no different. NAI members from throughout the EMEA region, along with other international markets, attend the event to network with other professionals and share their market insight. NAI Global’s CEO, Jeffrey Finn, was able to interview several executives from NAI member firms throughout the EMEA region and understand what 2012 holds for their respective markets.
Russia, Germany, Sweden and Norway represent the markets discussed in the below videos.
Sale of a Commercial Site facing Highway 640, Quebec for $832,000
Mar 21st
Team Lacombe, composed of Jean-Luc and Robert Lacombe, real estate brokers – commercial at NAI Commercial, was granted the mandate to sell the 12,000-square-foot building on 473, arthur Sauvé, Saint-Eustache Quebec that sits on a lot of 22,000 square feet. The property will be transformed to house a new commercial project.
The participation of Jean-Luc and Robert Lacombe led to the successful conclusion of this transaction. The multiple interventions required with various regulatory bodies serve to highlight the professionalism of the skilled real estate brokers who make up the NAI commercial team.
30,000 sf Industrial Building Sold to SMR Group Inc
Mar 15th
NAI Commercial is pleased to announce the sale of the Groupe Nord-Est building, located at 9100 De L’Innovation Street in Anjou, Quebec. Groupe SMR Inc. purchased the property adjacent to its head office for 1 970 000 $. The 30 000-square-foot building is a strategic acquisition for the group’s growth. The seller was represented by Paul-Éric Poitras and Alain Côté, and the buyer by Benoit Jacques, all real estate brokers – commercial for NAI Commercial. This transaction helped demonstrate how significant teamwork is within our organization.
29-Suite Apartment Building in Kitsilano Vancouver Sold for $9.2 Million
Mar 13th
Terry Harding and Jackson Tang of NAI Commercial – Vancouver has recently sold an 29-suite apartment building on 2086 W 2nd Ave, Vancouver, British Columbia for $9,200,000. The 4-story apartment building is located on Kitsilano which is one of Vancouver’s most attractive and sought-after neighborhoods for its coastline of beautiful beaches and parks. This north of 4th Avenue location is rarely available and is just three blocks from Kitsilano Pool, and shopping on 4th Avenue.
2 Acre Development Site in Langley sold for $2 million
Mar 13th
Gary Niesner, Angie and Don MacDonald of NAI Commercial – Langley has sold a 2 acre development site on 9535 200th St, Langley, British Columbia. The transaction value was $2,000,000.
