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

 
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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