Sale of over $5.6 Million Industrial Land in Richmond, B.C.
Nov 2nd
Rick Lui of NAI Commercial – Vancouver arranged the $5,688,000 sale of 1.5 acre industrial land on 8451 Bridgeport Road, Richmond, BC
BBP Energies Acquires An Industrial Building in a sought-after sector of Saint-Léonard, Quebec
Nov 1st
Hebdraulique Inc. granted Daniel Coulombe, chartered real estate broker – Commercial, the mandate to sell its property.
Having recently acquired a larger building to house its head office, Hebdraulique Inc. was now ready to sell its property at 6775-6781 Bombardier Street in Saint-Léonard, Quebec. Located at the corner of Pascal-Gagnon Street, the 8,400-square foot building sits on a partially fenced lot of 18 921 square feet and includes 24 parking spaces, a store counter and excellent visibility.
The other party, BBP Energies, a company specializing in automatic control systems for schools and municipal, government, industrial and commercial buildings, was looking for a property with industrial and commercial zoning that also had the increased visibility afforded by a busy street.
As all the required criteria were met, the transaction was finalized to the satisfaction of both parties. More >
Strong Presence at the ICSC Toronto (Oct 19 – 21)
Oct 17th
NAI Commercial has a kiosk at the 2011 International Council of Shopping Centres’ (ICSC) Toronto Conference, to display and promote our commercial property listings for sale or rent. This prestigious event will be held at Metro Toronto Convention Centre, Toronto, Ontario.
The ICSC is a global trade association that helps members develop their business through networking, deal-making, research, education, action and most importantly, visibility on a global scale. To find out more about the ICSC, visit www.icsc.org.
NAI Commercial has invested considerably to ensure optimal visibility for the company and its local, national and international clients. The conference is an excellent platform to meet with brokers and retailers present throughout the event, to gain insight on new or existing real estate projects, and to promote business growth and development.
Committed to providing services of the highest calibre and quality, NAI Commercial has been a long-time participant in ICSC Whistler, ICSC Montreal and other large-scale events, notably in Las Vegas (RECON) and France (MIPIM). The opportunity to do so in our own backyard simply couldn’t be passed up.
NAI Global Chief Economist Analyzes the European Debt Crisis in Newest White Paper
Oct 13th
“Greece will default on its debt. The only questions are when, how and who will be left holding the bag?” says NAI Global Chief Economist Dr. Peter Linneman.
In his newest white paper, “European Debt Crisis” NAI Global Chief Economist, Dr. Peter Linneman, summarizes the origins of the European sovereign debt crises that have dominated the global financial headlines and analyzes the current status of debt in Greece, Portugal, Italy, Ireland and Spain in addition to assessing the impact that default will have on the European economy.
The white paper examines strategies to minimize the impact from a Greek default on other European countries, the possibility of default in other Euro Zone countries and presents possible real estate investment opportunities that may arise as a result of distress in the European banking sector.
Click HERE to view NAI Commercial – European Debt Crisis Whte Paper
29,676 sf Warehouse & Manufacturing Facility sold in Abbotsford, BC
Oct 3rd
Brian Larrivee – NAI Commercial Langley arranged the sale of the warehouse and manufacturing facility on 31281 Wheel Ave, Abbotsford, BC for $2,575,000.
Office & Retail Building in Langley sold for over $3 million
Sep 29th
Ted Weibelzahl of NAI Commercial – Langley has sold an office/retail building on 20457 Fraser Hwy, Langley, BC with 11,116 sf in size. The transaction value was $3,180,000.
Sale of 7.54 acres Residential Site in Langley, BC
Sep 23rd
Gurdev Sandhu of NAI Commercial – Vancouver arranged the sale of 2 parcels with 4.78 acres and 2.76 acres in size are grouped together with a total of 7.54 acres residential land on 19684 – 19724, 32nd Ave, Langley, BC. The transaction was valued at $3,400,000.
Global Economic Outlook Webcast in October
Sep 20th
Does the S&P downgrade matter? What is slowing GDP growth down? Who was hit the hardest in terms of employment in the recession, and who will benefit in the recovery? Where do we see growth and the quickest recovery? What are the implications for the European debt crisis? Where is real estate pricing today? Where are the opportunities?
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: October 13, 2011
Time: 1:00 PM Eastern / 10:00 AM Pacific
Click here to register
Recent Sale of 20,000 sf Office Building in New Westminster and Point Grey Apartment Building in Vancouver
Sep 2nd
Jon Meder of NAI Commercial – New Westminster arranged the $2.35 million sale of 20,000 sf office/retail building on 430 Columbia St, New Westminster, BC
Terry Harding and Jackson Tang of NAI Commercial – Vancouver arranged the $3.45 million sale of the Multi-Family Apartment Building on highly sought after Point Grey area on 1996 Trutch St, Vancouver.
