Article courtesy of Real Estate Board of Greater Vancouver, Commercial Market News, February 2012

The BCREA Commercial Leading Indicator (CLI) rose for the second consecutive quarter, advancing 1.1 points to an index level of 111. On a fourth-quarter over fourth-quarter basis, the CLI moved 1.6 per cent higher in 2011. While this is a marked slowing from the 5.2 percent surge in 2010, the index picked up considerable momentum in the third and fourth quarter of the year, more than making up for a weak first half of 2011.


The trend in the CLI turned up slightly as early softness in economic activity was smoothed out by a stronger second half of the year. This change in trend indicates a positive economic environment for the BC commercial real estate sector in 2012. “Improving economic data provided a strong tailwind for the CLI in the second half of 2011,” said Brendon Ogmundson, BCREA Economist. “However, growing anxiety surrounding the global economy could constrain the economic environment for commercial real estate this year.”The full BCREA Commercial Leading Indicator index is available at: www.bcrea.bc.ca/docs/economics-forecasts-and-presentations/clireport.pdf

Francine Tracey

604-961-6550

We have many businesses for sale !  From Manufacturing, to Service, Retail and Restaurants, if you know someone who is looking to buy or sell  an established business with a good location and steady clientele, please let us know !  

  • Looking for large manufacturing operation that may want to lease or buy a property in ideal location, central Surrey, zoned for industrial lease.  It is 62,000 square feet of facility and storage on two acres of land.  Listed at $5,000,000 but vendor willing to entertain lower offers as he’s looking for a quick sale.    Potential leasees  please inquire for rates.   

  • Looking for residential multi-family developer for purchase of land in New Westminster in ideal location.   I also have a potential site in Burnaby.

  • Looking for investment partner, ideally familiar with real estate development, for a highrise project in booming Regina Saskatchewan.  This project is 50% presold and ready to break ground.  Minimum $1,000,000 investment, but ideally $2,200,000, with projected return of 64% over 2 years.   Have you read about the prices of Canola lately?

  • Looking for potential investment partners for residential single family homes in upscale subdivision of booming Regina Saskatchewan.  Minimum Investment $150,000, with projected return of 50% annualized.

  • Looking for a buyer for a single family property in North Burnaby.  Four bedroom home, excellent family starter home  at $659,000.   Owner willing to lease back the premises if our buyer is revenue property investor.  Many homes in North Burnaby sold over asking price since January 2012.  Most homes are going for well over $730,000 so this is a very well priced home.  View  a link to the listing at:  http://francinetracey.hqreservices.com/officelistings.html/details-21729413

  • Looking for potential investment partners for multi family development in Fraser Street Corridor of East Vancouver.  Minimum investment $50,000.

  • Looking for development sites zone multi-family, or industrial.    Developer willing to buyer outright or join venture with land holder if landholder prefers to profit from the venture.

  • Looking  for a multi-family apartment building for my purchaser who wants to buy a building with 20-30 units in the Fraser Valley or Edmonton Markets.  If you know somebody that owns such a building, please refer them even if you’re not sure if they are interested in selling.

  • Looking for an Industrial Property or Retail Strata/ Strip Mall in the $6-8,000,000 price range for an investor that has about $3,000,000 to place.  This investor will consider taking on an investment partner who might want to purchase something of higher value
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Real Estate Investment Opportunities: (Referral Fees Paid to any licensed mortgage broker or real estate agent and non-licensed agents will receive a generous gift)

 

I currently have the following investment opportunities on my desk. These investments range from $50,000 to $4,500,000.

 

  • $50,000 minimum: Developer selling limited partnerships in his property which is a multi family condiminimum project located in the desireable Commercial Drive area. This developer has another project in the same area which may be reviewed by the investor as to it's progress and success.
  • $100,000: Busy and reputable café for sale in the Commercial Drive area.
  • $131,800: Purchase a revenue property in the desireable Vancouver Heights area, the lowest price in the neighbourhood at $659,000. This is a well maintained, fully renovated four bedroom home. Minimum down payment if the buyer is intending to live in the property: only $32,950.
  • $150,000: Established Granite Counter Top and Custom Granite works shop for sale in the Richmond area.
  • $1,125,000: Industrial property owner in Surrey BC requires a quick sale of his property. Property appraised at $5,800,000. Owner willing to review any reasonable offer. Current mortgage lender willing to extend mortgage terms to new buyer with minimum investment of $1,125,000. This property requires some slight renovations for excellent upside potential for the right investor.
  • 1,200,000 - $2,200,000: Did you know CMHC reports on Saskatchewan are extremely favourable? Saskatchewan boasts a strong economy with excellent resource base including food, potash, and much more. Real estate markets there are still showing excellent value and are trending upwards. I have a developer wanting to sell 25% of his property to raise funds for his multi family project there, which is 50% presold. Minimum investment is $1,200,000. Projected return based on pre-sale prices in the 64% range. This opportunity can also be structured as a mortgage investment at 20% return.
  • $2,950,000 – Development site in New Westminster, in highly desireable up and coming neighbourhood, for mixed use multi-family / retail building.

 

Commercial Lease Space:

 

  • Currently working on leasing up 20,000 square feet of warehouse space in east Vancouver neighbourhood. Excellent building in clean neighbourhood. Can portion the space down to minimum 5,000 square feet for the right tenant.
  • Coming soon: 3500 square feet of office space in a building under renovations in Mount Pleasant neighbourhood on Broadway. Spaces can as small as 400 square feet available. As renovations are currently in the works the space can be customized for the new tenants needs.
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