Receive our Market Reports & New Listings:
Commercial Real Estate in BCBritish Columbia's real estate investment market is very unique.The demographics and geography of BC's major urban areas have created a very strong and low risk investment opportunity for Multi-Family and Office investments. Additionally, BC’s economy has been growing at unprecedented rates, exceeding the national average for five straight years. Low vacancy rates in the area provide investors with a steady income base, while consistent long-term yields on real estate investments attract investors from all over the world to British Columbia's commercial real estate market. |
Recent Sales StatisticsMetro-Vancouver Fraser Valley |
Click areas below to learn more: |
Tip: Click on a marker
 to view detailed listing info.
|
Consistently ranked as one of the top cities to live in the world, many people are attracted to the quality of life in Vancouver. The City will host the Winter Olympic Games in 2010, putting it on the international stage and presenting a myriad of investment opportunities.
Through its port, Metro-Vancouver is a gateway for trade with the Asian markets, which has been a important catalyst of the regional economy and has encouraged the city’s growth. Many of BC’s natural resource companies, including forestry and mining house their headquarters in Vancouver. The City is also experiencing growth in the high tech industry, particularly in software development and biotechnology. Confined by its geographical location, as it is surrounded by the ocean to the west, the coastal mountains to the north, and the US border to the south commercial real estate investments in Vancouver are often considered low-risk as there is little room for growth in competition
Strong population growth in the major urban areas of Victoria and Nanaimo has created a large base for both commercial and residential investment properties. Victoria is the capital city of British Columbia and, along with provincial government administration services, its economy is strengthened by the technology and tourism industries.
Nanaimo has developed a high-density downtown area to establish itself as a major centre on Vancouver Island. It is strategically located on the eastern side of Vancouver Island with access to the Island’s northern markets, as well as BC’s major centres of Vancouver and Victoria.
East of Vancouver lies the Fraser Valley. Although agriculture is a central aspect of the Fraser Valley’s economy, the area has seen significant population growth over recent years, which has led to substantial development. Cities such as Abbotsford and Chilliwack are undergoing considerable densification and expansion, which has captured the interest of many investors. Chilliwack has seen significant development projects undertaken within the last few years. The award winning Garrison Crossing development as well as the Canada Education Park development on the former CFB Chilliwack military base will cause substantial economic growth to Chilliwack. The Fraser Health Authority’s planned expansion of the Chilliwack General Hospital and the development of the Abbotsford Regional Hospital and Cancer Centre will also significantly contribute to the area’s desirability and liveability. The job growth generated by these new developments will benefit the Fraser Valley's Office and Multi-Family investment markets.
|
To learn more about Metro-Vancouver, the Fraser Valley and Vancouver Island please visit www.vancouver.ca, www.city.burnaby.bc.ca, www.coquitlam.ca, www.abbotsford.ca, www.chilliwack.com, www.city.victoria.bc.ca, www.nanaimo.ca |
|
Rob Greer - Principal | Vancouver Office | Avison Young Commercial Real Estate (B.C.) Inc.
Downtown Vancouver