Don Ellis of NAI Commercial – Vancouver has successfully completed the deal of a 13,500 SF freestanding commercial building on 401 Columbia Street, New Westminster, BC for $2,450,000. The subject property is one of New Westminster’s oldest standing commercial buildings the “Guichon Block” circa 1887 was originally known as the Queens Hotel.
The 3-storey building has 4 tenants on the Columbia Street front, one restaurant tenant on the 2nd floor and a full upper third floor currently available for lease. Excellent view corridors of the Fraser River and south west towards Richmond make this outstanding location even better. A new overpass public accessible walkway is planned across the street connecting pedestrian traffic to the brand new riverfront parkway. Surrounded by residential condos, restaurants, retail, office and medical services, this corner site is a historic Landmark and prize investment.
NAI Commercial, represented by Benoit Jacques, has distinguished itself one more time! In fact, a transaction of 24-unit property was finalized thanks to the insight and patience of the real estate broker that was representing Vendor and Buyer.
The property was sold for a little over than $94,000 per unit, stating that investing in multi-residential properties is still in high demand.
Transaction d’envergure d’une propriété de 24 logements à Montréal (Québec)
NAI Commercial, represented by Benoit Jacques, has distinguished itself one more time! In fact, a transaction of 24 units property was finalized thanks to the insight and patience of the real estate broker that was representing Vendor and Buyer.
The property was sold for a little over than $94 000 per unit, stating that investing in multi-residential properties is still in high demand.
After a long run of steadily rising vacancy rates, there was a reversal in 2014’s third quarter. A small reversal, it’s true – but a welcome one if you’re a landlord. And if you are a tenant, it’s small enough to still leave you in a buyer’s market. VIEW DETAILS
Rick Lui of NAI Commercial has successfully completed the deal of a 3.44 acres development site across the Richmond Olympic Oval on 6851 – 6871 Elmbridge Way, Richmond for $31,300,000. In the vibrant Brighouse area of Richmond, the site offers easy access to Vancouver International Airport (YVR), and Downtown Vancouver via Oak Street Bridge and Arthur Laing Bridge as well as U.S.A. via Hwy. 99. Close to the waterfront together with abundant amenities.
Join Jay Olshonsky, NAI Global President and Dr. Peter Linneman, NAI’s Chief Economist, for an economic briefing. Dr. Linneman will address several topics during this Web conference including:
• Is there finally light at the end of the economic tunnel?
• As tapering ends, will rates finally rise?
• What are banks doing with all their money?
• How vulnerable are cap rates?
• What at happens if the world explodes?
Click HERE to register
NAI Commercial, represented by Team Poitras, is proud to announce the leasing of a major space in the building located at 6755-6801, des Grandes-Prairies Boulevard, Saint-Leonard. The lessee, Thermover, will occupy 117 000 square feet for a very long-term lease and foresees occupying such space during the fourth quarter of 2014. The area of the land is 522 516 sq.ft.
NAI Commercial was granted the brokerage contract to lease and to sell in 2013.
The space has 22’ of clear ceiling height, five loading ducks and has access to CN railroad.
NAI Commercial, représentée par l”Équipe Poitras, est fier d’annoncer la location de l’immeuble situé au 6755-6801, boulevard des Grandes-Prairies, Saint-Léonard. La compagnie Thermover occupera 117 000 pieds carrés pour un bail à très long terme, la superficie du terrain est de 522 516 pi2.
Le propriétaire institutionnel avait octroyé le contrat de courtage de location et de vente à NAI Commercial en 2013. Le locataire prévoit s’installer au courant du quatrième trimestre 2014.
L’espace jouit d’une hauteur libre de 22’, contient 5 portes de chargement et a accès au rail du CN.