|
|||||
|
RGD Commercial is pleased to announce the final sale of 535 Thurlow Street in Downtown Vancouver. This quality office building sold at a sub 5% capitalization rate for $15,250,000. After soliciting fifteen written offers and cooperating with multiple agencies RGD Commercial set a new precedent for representing an owner’s interest and maximizing the sale price. To [...] The Broadway Corridor Office Market is a relatively small office market adjacent to Downtown Vancouver. The market itself is a little over 4 million square feet, comprising of 79 buildings and has a current vacancy rate of only 6.3%. The vacancy remains at a competitive level with little change over the quarter. AVAILABLE SPACE SUMMARY AS OF The Downtown Vancouver Office Market remains strong, with vacancy rates increasing slightly in the first quarter of 2010, The Downtown vacancy is only 7.2%. It is also worth noting that the class “A” vacancy rate is only 5.0% while the class “B” vacancy rate decreased by 1% in the quarter to 8.0%. AVAILABLE SPACE SUMMARY AS OF We are pleased to announce that after thoroughly exposing 535 Thurlow Street to the market the building is now under contract. While the Vendor is surprised by the level of interest and the number of potential buyers, we were not. Following our core principle, to operate in our client’s best interest, we cooperated with all sources and had [...] The Downtown Vancouver Office Market remains strong, while vacancy rates have been increasing, the overall vacancy Downtown is only 7.1%, however that is an increase from 4.2% a year prior. It is also worth noting that the class “A” vacancy rate is only 4.8% while the class “B” vacancy rate is 9.0%. AS OF The Burnaby Office enters 2010 with a vacancy rate of 12.6% up from 8.4% a year prior, with over a million square feet vacant and more supply yet to be completed. Landlords are feeling anxious and wondering what it will take to fill their vacancies. On the positive side the fourth quarter of 2009 did [...] Anyone who is driven knows the challenge of balancing, work, home and fitness. With that said I am proud to use, Deborah Hershberg as one of the best examples of someone who actively sets goals, organizes a plan and follows through. Deb’s success strategies not only work for her Real Estate clients but are also [...] Happy New Year everybody! It is now 2010 and a new and exciting year is now here. We have lots of changes planned for our online presence here at RGDCommercial.com. We’ve changed the back-end of our website system for more flexibility for us to bring you new and more up-to-date office lease listings. We’ve also implemented [...] |
|||||
|
Copyright © 2009-2010 RGD Commercial Realty Advisors Inc. - All Rights Reserved |
|||||
