NAI Commercial is pleased to have participated in an important project in Saint-Hubert. The Coopérative funéraire de la Rive-Sud will be set up on a redeveloped site on Boulevard Cousineau and Route 116.
Transformation of the former Teddy’s restaurant site will require works costing some $2.5M, to include expansion of the existing building from its current 5,300 square feet to 8,250 square feet. Agents Richard Sauvé and Alhassane Bah accompanied the seller and the purchaser throughout this transaction.
Tuesday, June 22, 2010
Thursday, April 15, 2010
Recent Apartment Buildings Sold in Coquitlam and Burnaby
NAI Commercial, Vancouver - NAI Commercial agents Terry Harding and Jackson Tang sold the following:
Deal: 48-unit apartment building, Austin Ave, Coquitlam. Sold for vendor Smallwood/Vine to buyer Robert Lee Ltd. Price: $5.17 million
Deal: 36-unit apartment building on Gilmore Ave, Burnaby. Sold to buyer Richland Ent. Price $4.4 million.
Deal: 48-unit apartment building, Austin Ave, Coquitlam. Sold for vendor Smallwood/Vine to buyer Robert Lee Ltd. Price: $5.17 million
Deal: 36-unit apartment building on Gilmore Ave, Burnaby. Sold to buyer Richland Ent. Price $4.4 million.
Tuesday, March 23, 2010
NAI Commercial Langley & Market Reports
We are pleased to present you with NAI Commercial Langley & Abbotsford Market Reports for 1st quarter of 2010.
Our reports provide you with:
- Overview of Abbotsford and Langley commercial real estate market.
- Trends and facts of commercial properties as well as HST commentary.
Please review the report, and we would appreciate any feedback you may have on our market report. We look forward to be of service to you during 2010.
Thursday, February 18, 2010
NAI Commercial Top Advisors 2009
We are proud to present NAI Commercial’s Top 10 Advisors in Canada for 2009. This elite group reflects the hard work, dedication and client service that is absolutely necessary to succeed in today’s commercial real estate market.
Congratulations to each of you. You make us proud!
Serving across the Canadian market, this group and their colleagues at NAI Commercial can provide a full range of commercial real estate brokerage services to meet any need.
Monday, January 25, 2010
NAI Commercial is proud be ICSC Whistler 2010 sponsor
NAI Commercial has sponsored ICSC event in Fairmont Hotel, Whistler, BC from January 10 -12, 2010. We were pleased that about 1,700 mostly Canadian professionals attended this year's Whistler Conference.
Canada's shopping centers and retailers should anticipate continued strong consumer spending this year, ICSC Chairman James E. Maurin, CSM, said Monday at this year's ICSC Whistler Conference here.
Christmas season sales rose 5 percent in November and December, Maurin said, and that capped an increase of 4.3 percent for the 10 months leading to the season. A strong job market is keeping personal income levels high. The economy created about 228,000 jobs last year, which brought the unemployment rate down to its lowest level in four years.
Housing starts were nearly 6 percent higher last year than the year before, and observers anticipate moderate economic growth of between 2.5 percent and 3 percent for this year. Consumer spending is partly responsible for this growth, Maurin noted, “as Canadian consumers have continued to support economic activity and have been a key factor behind the nation's GDP growth.”
The International Council of Shopping Centers (ICSC) is the global trade association of the shopping center industry. Its 60,000 members in the U.S., Canada and more than 80 other countries include shopping center owners, developers, managers, marketing specialists, investors, lenders, retailers and other professionals as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.
Canada's shopping centers and retailers should anticipate continued strong consumer spending this year, ICSC Chairman James E. Maurin, CSM, said Monday at this year's ICSC Whistler Conference here.
Christmas season sales rose 5 percent in November and December, Maurin said, and that capped an increase of 4.3 percent for the 10 months leading to the season. A strong job market is keeping personal income levels high. The economy created about 228,000 jobs last year, which brought the unemployment rate down to its lowest level in four years.
Housing starts were nearly 6 percent higher last year than the year before, and observers anticipate moderate economic growth of between 2.5 percent and 3 percent for this year. Consumer spending is partly responsible for this growth, Maurin noted, “as Canadian consumers have continued to support economic activity and have been a key factor behind the nation's GDP growth.”
The International Council of Shopping Centers (ICSC) is the global trade association of the shopping center industry. Its 60,000 members in the U.S., Canada and more than 80 other countries include shopping center owners, developers, managers, marketing specialists, investors, lenders, retailers and other professionals as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.
Friday, January 22, 2010
NAI Commercial Multi-Family Market Report Greater Vancouver
We are pleased once again, to present you with the NAI Commercial Multi-Family Report for 2010.Our report provides you with:
- all the multi-family transactions for 2009 with historial
- comparisons with 2007 and 2008
- CMHC's Average Rent survey for the fall of 2009
- separate analysis of wood-frame transactions and
- concrete high-rise transactions
- an overview of the Vancouver Regional Market
- separate identification of the 15 submarkets in the region
- market insight into the Vancouver, Burnaby and Fraser Valley markets for the coming year
- our "Best Bets" for 2010
Please review our data carefully and we would appreciate any feedback you may have on our report. We look forward to be of service to you during 2010.
Tuesday, October 27, 2009
NAI North American Industrial Site Selection Index and International Property Guide
As a result of sharp reductions in consumer spending, the first six months of 2009 were a transition period characterized by corporate expense reductions and re-alignment of most firms' internal cost structures. As of the third quarter 2009, the European Union and some Asian economies have halted several quarters of contraction and are beginning modest growth. The U.S., Canada and Mexico hope to see similar growth by year end. Click on the top to view the International Property Guide
Click on the left to view North Amercian Site Selection Index
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