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Navigating Economic Shifts and Office Market Trends: Q1 2024 Overview

In our Q1 snapshot we delve into critical economic events shaping the landscape in 2024 and analyze the latest trends in the Metro Vancouver office market. Economic Overview The Bank of Canada has maintained its key policy interest rate at 5% amidst stalling economic growth and inflation hovering near the upper end of the control range. Anticipation of rate cuts looms, with market predictions suggesting...

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Your Home’s Future in Garibaldi Estates: A 20-Year Vision Plan

with Mark Kurkdjian and Marshall MacLeod Unlocking Your Potential: Your Community's Transformation Begins Now We would like to advise you on the future of Garibaldi Estates. This 20-year vision goes beyond urban planning; it's a shared journey to enhance your home, your investment, and your community. Project Timeline: Key Stages to Watch Garibaldi Estates Sub Areas The Garibaldi...

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Metro Vancouver Retail Market: Q2 Snapshot

Q2 2023 Retail Real Estate Review with Mark Kurkdjian and Sukh Pannu Subtle Shifts in Market Momentum The retail real estate market, never a stranger to change, marked a few noticeable shifts during the second quarter of 2023. As we delve into the details, let’s remember that the character of change is not merely in the shifts themselves but also in the ability of market players to...

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Analyzing the Pulse of Downtown Vancouver Office Market

May 2023 | Mark Kurkdjian and Sukh Pannu May 2023 Edition: Downtown Vancouver Office Space Trends and Insights Navigating the Downtown Vancouver commercial real estate terrain demands understanding its ever-evolving landscape. As May 2023 unravelled, big changes from April underscored the need to understand the dynamics of available, leased, and off-market spaces. These changes outlined the importance...

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Transforming Vancouver – The Future of Cambie Corridor

Mark Kurkdjian | May 2023 Exciting changes are on the horizon for Vancouver! Traditionally known for its single-family neighbourhoods, the Cambie Corridor is gearing up for a remarkable transformation in the coming 30 years.   Photo courtesy from Construction Canada (https://www.constructioncanada.net/sprawling-vancouver-mixed-use-development-creates-a-new-municipal-town-centre/) Future...

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Unveiling Vancouver’s Blueprint: A 30-Year Masterplan for a Thriving Urban Metropolis

Mark Kurkdjian | May 2023 The Vancouver Plan: A Comprehensive Guide to Vancouver's Future Real Estate Landscape   Photo credit: The Vancouver Plan. Retrieved from https://vancouverplan.ca/wp-content/uploads/Vancouver-Plan-2022-09-23-1.pdf The Vancouver Plan, an ambitious long-term land use and development strategy, aims to shape the City's future over 30 years. The Plan seeks to create a...

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Examining Notable Sales and Strategies for Diversifying Your Real Estate Portfolio

April 2023 Commercial Real Estate Roundup with Mark Kurkdjian and Sukh Pannu The commercial real estate landscape constantly evolves, offering various investment opportunities across asset classes. By exploring each asset class’s unique strengths and considerations, we aim to provide a comprehensive guide for investors seeking to capitalize on the dynamic nature of the real estate market in today’s...

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Metro Vancouver Retail Market: Q1 Snapshot

Retail Trends in Metro Vancouver with Mark Kurkdjian and Sukh Pannu Key Findings The retail market in Metro Vancouver saw 25 transactions in the first quarter of 2023, with a total volume of $100,525,600. User purchases accounted for $40.5 million in volume, while private investors accounted for $60.1 million. The average price per transaction was $4,021,024, ranging from $1,005,000 to...

valuing your business

Valuing Your Business

EXCLUSIVE: NAI Business Series with Alf Sanderson*, VP Business Advisory How much is my business worth? What is it worth? Before you approach potential buyers or investors, you need to have an idea of the value of your business. Prospective buyers will also assess its value when they consider your proposal. Buyers and sellers will usually have a different perspective of value. The first step in...

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Closing the Transaction

EXCLUSIVE: NAI Business Series with Alf Sanderson*, VP Business Advisory Meeting Conditions of Sale After buyer and seller have entered into a Letter of Intent, there may be several conditions to be met before the sale may be closed. Such conditions often address issues like assignment of the lease, verification of financial statements, transfer of licenses, or obtaining financing. There is usually a...

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