Marion Van Keken-Rietkerk advises Baby Lock® Canada in sale to Tacony

Marion Van Keken-Rietkerk advises Baby Lock® Canada in sale to Tacony

After nearly 70 years in business, Mason Sewing Machine Company Ltd. dba as Baby Lock® Canada was looking for someone to help them sell their business. Baby Lock® trusted the services of Marion Van Keken Rietkerk, CBI MBA of NAI Commercial, to provide the full-service commercial real estate brokerage they needed for such a daunting transaction. […]

Three Businesses Successfully Sold!

Three Businesses Successfully Sold!

The M&A market in British Columbia has been very active this in the first half of 2017 and the latest transactions reflect that. Between April and August, three businesses successfully sold to new buyers. All three businesses were different, but all three were profitable, well-prepared and motivated. 1. First is the speed with which deals […]

The Line Between Industrial & Office Space Becomes Blurred

The Line Between Industrial & Office Space Becomes Blurred

Over the past few months I’ve had more inquiries regarding industrial listings and/or properties than all other sectors combined. Not to mention my last few completed deals (a mix of sales and leasing) were all industrial type properties. Why? What is the big attraction these days to this asset class? Well, if you’re looking in […]

Shared Spaces: What Are They & How Are They Affecting The Market?

Shared Spaces: What Are They & How Are They Affecting The Market?

What Are They & How Are They Affecting The Market? Packaged office is a concept that’s been around for decades in some form or another. The idea is simple: break up vacant space into small, short-term rentals; charge a premium on the rent; and, if you can keep it occupied, you have a business. Over […]

Going Once… Going Twice… Not Sold..?

Going Once… Going Twice… Not Sold..?

We have seen a new phenomenon rising in 2016 that is taking the sale of apartment buildings into one of the oldest forms of buying or selling goods and services..the auction. Originally established in 500 B.C, some brokers have rebranded this ancient method of bidding as a modernized way of achieving higher values. One of […]

Vancouver is Shrinking

Vancouver is Shrinking

The Supply/Demand of the Development Market Understanding the price of your investment can be summed up in one simple economic concept; supply and demand. The balance between both sides of the equation represents a constantly evolving equilibrium that influences the overall value of every single development site. There are so many components at work that […]

Multi-Family Prices in Vancouver Redefine “Stratospheric”

Multi-Family Prices in Vancouver Redefine “Stratospheric”

Six-suite Kitsilano rental building, built in 1947, sold this in July for $750,000 per suite. – NAI Commercial Multi-Family Prices in Vancouver Redefine “Stratospheric Frank O’Brien Western Investor We continue to pioneer pricing to new heights in this ever skyrocketing market. Many of our Buyers have been aggressively bidding on properties that come on the […]

Metrotown Development Plan

Metrotown Development Plan

The Calm Before the Storm Over the last couple of years the real estate pot has been bubbling in the Metrotown area as the new official community plan edges closer to fruition. We know many land owners anxiously wait to find out if their property falls under a new zoning policy that may significantly increase […]

Problematic Pricing

Problematic Pricing

Are Buyers getting priced right out of the apartment building market? Apartment building market prices remain consistently strong all over the Metro Vancouver area due mainly from the limited supply. What constricts or releases that supply is you, the apartment owners. However there are many influences outside of your control that seem to affect most […]

Land Assembly Logic

Land Assembly Logic

Vancouver Apartments Land Assembly Is the land under your property more valuable than the property itself? This premise may be counter-intuitive to you as the property owner. How can the dirt be more valuable, sometimes much more, than the entire improvements, which provide a steady rental income? The answer is simple. Land is a finite […]