Industrial, Commercial & Investment

Industrial, Commercial & Investment

From NAI Commercial Okanagan, from left: principals Mike Geddes, Tony Parmar, Philip Hare and Tim Down.

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NAI Commercial Okanagan recently opened a new office in Kelowna, B.C. “This market is ready for a professional solution," says Tim Down, principal and managing broker.

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The legal marijuana business is booming and landlords are taking notice because these businesses have a solid cash flow and are able to pay a premium in rent. Make sure the following critical steps are taken to avoid risk.

Ermidio Alves

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ELFA Realty has become Coldwell Banker’s newest commercial affiliate. The Brampton, Ont. company is now Coldwell Banker Commercial ELFA Realty.

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While most are familiar with the concept of “staging” when it comes to residential real estate, office landlords are now increasingly adopting the practice by staging office spaces, according to a report from CBRE Canada.

Evan J. Wright

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Paul Anand, broker/owner of Plex Realty Corp. in Toronto, recently announced that Evan J. Wright has joined the Plex sales team. “Evan is a seasoned entrepreneur," says Anand.

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A new Canadian commercial real estate listing service, named "Bee Commercial", aims to become the go-to site for commercial real estate in Canada. The commercial listing service will be offered to real estate boards across Canada.

Michael Kraft

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Hi-Rise Capital, a mortgage broker and administrator in the Greater Toronto Area, has appointed Michael Kraft as CEO. Kraft brings capital markets and mergers and acquisitions expertise, the company says.

Mark E. Rose

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Avison Young has become a founding partner in the Carbon Impact Initiative (CII). The CII includes a group of building and construction firms interested in researching low-carbon built environments in Canada.

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This clause is brutal to read and causes confusion. The common solution: ignore it and hope for the best! The problem: if you don’t deal with the confusion you are guaranteed mismanaged expectations, conflict and exploitation.

Re/Max Real Estate Centre acquires two new offices

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JLL has acquired PMX Inc., a Toronto-based project management firm that specializes in public and private infrastructure projects. The acquisition expands JLL's existing Project and Development Services (PDS).