NAI Commercial – Market Insight on Metro Vancouver’s Q2 Vacancy Rates Mean to Tenants and Landlords

For Landlords:
As we compile our second-quarter statistics for the Metro Vancouver Office Market, we note a continuing trend of growing vacancies. Since our last report, we have seen some new spaces come available, and new inventory come online – leading to a total current inventory for Metro Vancouver of 52,905,635 square feet. View Details

For Tenants:
We are pleased to share the latest statistics – and our insights into – the 2014 second-quarter Metro Vancouver Office Market. As noted in our sneak-peek letter, vacancy rates are up, having pushed through the 12-percent mark during Q2. For most office tenants, this is positive news! View Details

Our Langley Office is Moving!

NAI Commercial – Global Economic Briefing Webcast

Featuring Jay Olshonsky, NAI Global President &
Dr. Peter Linneman, NAI’s Chief Economist

Registration NOW

Sep 16th, 2014
12:00 PM – 1:00 PM Eastern

Where are the opportunities for growth? Which markets are hot, solid, and weak? 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:

• Where will MSA population grow most and least by 2020 and 2030?
• Where are real values, rents, and construction levels compared to historical averages?
• Where will cap rates go for each sector?
• What happens when rates rise?
• When will vacancy rates really decline?
• Housing market update.
• Real estate Capital market update.

High Traffic Retail Strip Mall in Surrey sold by NAI Commercial for $3.9M

Angie & Don MacDonald of NAI Commercial Langley successfully closed the deal of Ocean Centre on 1623, 1631 – 128th St, Surrey for $3.9 million. The high traffic retail strip mall has a total building area of 7,200 sq.ft. on a 14,388 sq.ft. lot.

2014 Major Transactions of NAI Commercial in Montreal

View major office, retail and industrial transactions of NAI Commercial in Montreal

2 Multi-Family Buildings on Cornwall Ave SOLD over $11 M by NAI Commercial

Terry Harding, Jackson Tang and Brandan Harding of NAI Commercial – Vancouver has recently sold 2 multi-family buildings on Cornwall Ave, Vancouver West, BC. Highly sought-after location in the heart of Kitsilano on Cornwall Avenue across from Kitsilano Beach.

20 unit building on 2394 Cornwall Avenue was sold for $8,500,000

8 unit building on 2358 Cornwall Ave was sold for $5,025,000

NAI Commercial – Yaletown Office Perspective Summer 2014

The total Yaletown market inventory consists of 2,058,419 square feet of office space in 38 buildings. There are currently 38 vacancies ranging in size between 200 square feet to 28,000 square feet with a vacancy rate sitting at 5.1%.We have seen 2% absorption since last year.

View Detail

396 Acre Development Site in Sechelt, BC sold by NAI Commercial for over $11 million

Gary Haukdland and J.D. Murray of NAI Commercial – Vancouver have successfully completed a Court Ordered Sale of a 396 Acre Development Site on Sechelt Inlet Road, Sechelt BC for $11,750,000. The subject property consists of 10 legal parcels –including approximately 1,500 feet of waterfront land.

The properties are located in the District of Sechelt’s East Porpoise Bay community, north east of downtown Sechelt along Sechelt Inlet Road between the very popular Porpoise Bay Provincial Park and Sechelt Heritage Forest & Hidden Grove Recreational Area. The sites are only 4.5 kilometers to all amenities in central Sechelt, with easy highway access to the rest of the Sunshine Coast. Close proximity to Vancouver including 40 minute scenic ferry ride.

Welcome to our booth in ICSC Montreal June 18-19

NAI Commercial invites you to visit our booth and to meet with our brokers at the 2014 ICSC Quebec Conference, which will be held June 18-19, 2014 at The Westin Montréal, Montreal, Quebec.

This year, ICSC expects to break another attendance record with over 1100 attendees, including over 500 retailers!


At NAI Commercial, our team in Vancouver brings experience, insight and a distinct global perspective to every relationship. In his new role as Managing Partner, Rob DesBrisay is no exception.

At NAI, we believe that global leadership in commercial real estate begins at home. Whether you are an owner, tenant, developer or investor you will receive custom solutions from a local market leader with deep experience and relationships. All with a single focus: YOU.