Commercial Property FAQs

Industrial land in Metro Vancouver, going, going, gone?

Posted on November 28th, 2014

Metro Vancouver’s supply of industrial land could be gone in less than a decade, according to a new study by NAIOP Vancouver. Total available industrial inventory is now 2,919 acres and at current absorption rates, this is less than an 11 year supply. Should REALTORS® be concerned? “Half a dozen years ago, Vancouver feared downtown condo development would lead to a shortage of office space,” said Michael Goldberg, Professor Emeritus, UBC Sauder School of Business. “So the City of Vancouver… Read more

Commercial Property FAQs

Posted on August 12th, 2010

Our REALTORS® encounter many questions regarding commercial properties and here are the top 10 most frequently asked questions. If you have a question that you’d like answered, contact us and we’ll have a Royal Pacific REALTOR® contact you to help you with your real estate questions! What is commercial real estate? Join us for a walk in our neighbourhood. Along with homes, townhouses and condominiums, we’ll pass rental duplexes and apartments and then around the corner, we’ll pass a bakery,… Read more