Richmond Strip Mall sold for $6.3 million

Rick Lui of NAI Commercial Vancouver sold the 13,639 sf Strip Mall on 8171 Alexandra Road, Richmond, B.C. This high traffic strip mall was fully leased with 5 ground retail tenants and an upper office located at the busy corner of Alexandra Rd and Hazelbridge Way.

Storage Centre in Edmonton sold for $8.5million

NAI Commercial is pleased to announce the sale of the Affordable Storage Centre, located in the prosperous city of Edmonton, Alberta by Ken Kiers and Ken Hick.
This very well situated, self-storage facility fronts on the very busy St. Albert Trail in the northwest area of the city. Weekday traffic volumes exceed 45,000 vehicles per day, as St. Albert Trail, a major artery, connects Edmonton to its largest suburb, St. Albert.

The sold property is comprised of 16 metal-framed, self-storage buildings, 436 units. Ken Kiers and Ken Hick of NAI Commercial Langley sold this 64,592 sf industrial property on 13441 St. Albert Trail/ 13431 & 13432 143rd St., Edmonton Alberta for $8,500,000.

The property borders on a major entertainment and shopping centre with tenants such as: Cineplex Odeon North Edmonton Cinemas, Moxie’s Classic Grill, Tony Roma’s, Booster Juice, Royal Bank of Canada, Sleep Country, Golf Town, World Health, Club Fit and many others.

NAI Commercial completed a 16 Million Multi-Family Building portfolio deal in Prince George and Quesnel in B.C.

Peter Seed of NAI Commercial Vancouver has successfully completed a multi-family building portfolio deal that consists of 5 Multi-Family Buildings in Prince George & Quesnel, BC for $16,825,000. The multi-family building portfolio includes the Boitanio Apartments, Renaissance I & II, Cedar Tower and Pioneer Tower with a total of 575 suites.
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After over 3 years of negotiating a complex transaction, NAI Commercial closed the sale of three school campuses, which were relocated to a single large campus situated in Ville St-Laurent. NAI was the only real estate agency involved in this transaction.

The overall project, estimated at over $30 million, is part of a major development project by Vanguard Schools Quebec Limited. Through this investment they will see a 30% increase to their student capacity by 2015.

The complex, located at 5935 Côte-de-Liesse, will finally have a new vocation in the next year, after two decades of inactivity. In addition to major renovations on their way (addition of a gymnasium), the school will gain a new mission in establishing an expertise center dedicated to continuous teacher education.

The brokers, Francois Paquin, Jacques Benoit, Richard Sauvé, Anne-Marie B. Sauvé and Vincent Lauzon are proud to have participated actively in this project. Together they managed the various challenges that were presented to them, such as administration councils, zoning, scarcity of sites, timing of sales with regard to the acquisition, financing, and others.

It is with great pleasure that we anticipate the fulfillment of this project with the announcement of the sale of their last campus, scheduled for early 2013.


Les Serres du St-Laurent Inc., the main greenhouse tomato producer operating under the Savoura brand name, mandated Alain Côté from NAI Commercial to sell their building, located at 335 Chemin Ste-Marie in Ste-Marthe. This greenhouse, which has a total area equivalent to 4 football fields and can produce 63,000 tomato plants, was sold to Les Serres Nouvelles Cultures Inc., which specializes in the production of organic tomatoes.

NAI Commercial has been mandated to sell or lease 283,000 sq ft Industrial building in Montreal.

Paul-Eric Poitras and Béatrice Roquet are proud to represent the STM’s Pension Found in the sale or lease of their property located at 6755-6801 des Grandes-Prairies in Montreal. The building with access to the CN railway has a clear height of 22′. For immediate occupancy.

Mandat de vendre ou de louer un immeuble de 283,000 pi2 à Montréal
NAI Commercial obtient le mandat de vendre ou de louer un immeuble de 283 000 pi2 à Montréal.

Paul-Eric Poitras et Béatrice Roquet sont fiers de représenter le Fonds de Pension de la STM dans la vente ou la location de leur immeuble situé au 6755-6801 des Grandes-Prairies à Montréal. L’immeuble possède un accès au rail du CN ainsi qu’une hauteur libre de 22′. L’occupation est immédiate.

Happy Halloween from NAI Halloween Spooktacular Team

Merger expands NAI Commercial’s services capability in Vancouver BC

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NAI Global Expands Into the Greater Calgary Area with NAI Advent

NAI Global, the premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, announced today its expansion of coverage into the Calgary province of Alberta, Canada, with the addition of NAI Advent.

Headquartered in Calgary, NAI Advent is a full-service commercial firm offering a complete range of real estate services including buying and selling, leasing, development, group investment and property management services. NAI Advent was co-founded by Garry Bobke, Sid Smith and Luke Stiles, all industry veterans with extensive experience in the commercial real estate industry.

“NAI Global is a tremendous commercial real estate organization with a global platform that will allow us to broaden our services and enhance our ability to provide world-class service to our clients,” said NAI Advent Business Director, Sid Smith CCIM. “We are excited about our affiliation with NAI and the opportunity it provides to partner with other firms to enhance our client services regionally and globally.”

“We are proud to have Sid and his team embrace and build the NAI brand across the Greater Calgary Area,” said NAI Global Executive Vice President, David Blanchard. “Our business continues its upward trajectory. Calgary is a critical Canadian market for us. We are excited and confident that NAI Advent’s extensive local knowledge, relationships, commitment quality and results will greatly benefit our corporate and investor clientele.”

NAI Global is among the largest commercial real estate services organizations in the world, comprising 5,000+ professionals in 55 countries in more than 350 offices. NAI advisors such as NAI Advent work in tandem with its global management team to ensure clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage over 300 million square feet of commercial space.

NAI Advent is located at 833 34th Avenue SE Calgary, Alberta T2G 4Y9 Canada

Development Site adjacent to Richmond Olympic Oval Sold for $36M

Rick Lui of NAI Commercial represented the Buyer in this transaction which was a joint venture between Intracorp and MYIE Homes.

This 5.05 acre development site located on 5440 Hollybridge Road, Richmond currently has warehouse revenue in place but soon will be home to three high-rise towers comprising about 586 residential units with commercial and retail on the ground, located adjacent to the Olympic Oval in Richmond.