2016 Q1 Report on Office Space Report in Metro Vancouver by NAI Commercial

Q1 saw an interesting development in the office market: Ivanhoe Cambridge closed the deal to sell its interest in Bentall 1, 2, 3 and 4 to the Anbang Insurance Group of Beijing. The price tag: more than $1 billion. And Royal Centre, 1055 West Georgia Street, traded from Brookfield Asset management to Klaus Michael Kuehne, a German billionaire, for a reported $285,000,000 or $725 per square foot.

A rare opportunity to lease 1,200 to 35,000 sq ft of ground floor retail space in North Nanaimo

Pleasant Valley landing is a single storey retail building reconstructed in 2015. The development is strategically located in Nanaimo’s Woodgrove Regional Shopping district.

Pleasant Valley Landing is surrounded by many Big Box retailers and features excellent exposure with plenty of parking and direct access to both the Nanaimo Parkway and the Island Highway.

Cobbs Bakery is a current tenant and nearby retail/services include; Home Depot, Superstore, HSBC, CIBC, RBC, Staples, Costco, and Woodgrove Mall. >>VIEW DETAILS

For More information:
Randall Taylor 250 753 5757 x 34 (Direct) rtaylor@naicommercial.ca

Moe Lessan 250 753 5757 x 33 (Direct) mlessan@naicommercial.ca

36 Unit Concrete Apartment Building in Vancouver West For Sale

Centrally located for direct access into downtown via Granville and Oak Street arterial routes on 2910 Alder Street, Vancouver BC.

Many capital improvements.

Walking distance to offices on Broadway and shops on Granville Street with a 94 walk score.


Sale of a 58,410 SF industrial building and relocation of Ango Mode in Anjou, Quebec

NAI Commercial, a member of the biggest self-managed network of real estate brokerage firms, represented by the Poitras Team, is proud to announce the sale of a 58,410
ft² industrial building on a 122,752 ft² site, located at 10301 Colbert Street, in Anjou, for a price of $3,180,000, or $54.44 per ft². The property was acquired by Les Aliments Rustica in January 2016. NAI Commercial represented the two parties, including the seller, Les Agences Guy Octeau ltée, in this
complex transaction. The Poitras Team then relocated the tenant, Ango Mode, to 8451 Parkway, in premises of over 11,000 ft². For more information, don’t hesitate to contact Paul-Éric Poitras or Gabrielle Saine, at 514-866-3333.

NAI Commercial – Superior quality office space for lease in Laval Montreal

NAI Commercial, a member of the single largest self-managed network of commercial real estate brokerage firms, represented by Jean-Luc Lacombe and Daniel Coulombe, is proud to announce that it has been given an exclusive mandate to lease high-end office space totaling 6,868 to 38,034 ft² in a LEED-certified building® located at 2955 Jules-Brillant in Laval. The asking lease rate is $19.65 | net ft². The three office spaces available face Highway 15. For any information, feel free to contact Jean-Luc Lacombe or Daniel Coulombe at 514 866 3333.

NAI Commercial Ken Kiers Interview on Storage Biz Plays Lock in Returns


Upcoming Developments in Royal Oak, Burnaby BC

Neighbourhood in Burnaby Royal Oak area is changing with many upcoming multi-family property developments.


7.49 Acre Development Site in Surrey BC sold for over $7.8M by NAI Commercial

JD Murray and Gary Haukeland of NAI Commercial Vancouver successfully completed the deal on 18671, 18707 & 18717 74th Ave, Surrey, BC.

The properties has three legal parcels totaling 7.49 acres (approximately 326,264 sf). Under the West Clayton Neighbourhood Concept Plan, the City of Surrey has designated the land for future Urban Residential use, allowing for base densities up to a maximum of ten units per acre, with energy efficient density bonuses of up to four units per acre.

Mark Bédard joins NAI Commercial

NAI Commercial is proud to announce the arrival of a new broker within its team.

Mark Bédard brings with him 29 years of commercial real estate experience, the majority of which was spent as a leasing specialist for a few of Montreal’s more prominent landlords. Over the years Mark has worked on a wide range of transaction activity including retail, office and industrial type properties. When combined with his experience in real estate operations, Mark has all of the necessary insight to guide his clients to the best possible leasing or sales transaction. Mark specialized in both financial and legal negotiations as well as auditing the operating costs that are charged by landlords to their tenants.

After working for landlords for the last 25 years, he will be working with team Poitras to put all of his experience to use in order to structure the best deals for their clients.

Newly constructed industrial condos for sale or lease in Beloeil, Quebec

NAI Commercial, member of the world’s premier managed network of commercial real estate firms, represented by the Poitras Team, is proud to announce that it has been mandated exclusively to lease or sell upscale industrial condos of 3,500 to 21,000 ft², located at 2150, Pierre-Louis-Le-Tourneux Street, in Beloeil. The asking price starts at $110 per sq ft and the leasing rate is $7.50 per sq ft Net. For more information, please contact Paul-Éric Poitras or Gabrielle Saine, at 514-866-3333.