Real Estate

Aug 26, 2020
B.C. 2.0.: Will the work from home trend sink Vancouver's office market?
Nick Rockel

As David Routledge sees it, reports of the death of the office have been greatly exaggerated–especially in a place like Vancouver. “Our strategy remains as it’s been,” says the vice-president and head of the Western Canada office at Oxford Properties...

Aug 19, 2020
Back to Basics

BCBusiness + 34F Design In the 1960s, a new style of office design debuted to accommodate a desire for increased flexibility and social interaction. The new interior design concept, known as burolanschaft, incorporated plants and other decorations into the office landscape...

Aug 13, 2020
B.C. residential real estate market heats up for summer
By the Editors

As many other sectors of the B.C. economy suffer, the residential property market keeps rebounding from its COVID-19 slump. The province saw 10,090 residential unit sales in July, the British Columbia Real Estate Association (BCREA) reports, a 26.6-percent jump over the...

Aug 6, 2020
Big Fat Deal: $22 million to redefine “cabin in the woods” in the Okanagan
Nathan Caddell

Address: #12056 12074 Okanagan Centre Road Price: $22,000,000 Listing: 10209844 The skinny: Two separate houses with a total of eight bedrooms and nine bathrooms across 11.3 acres in the Okanagan Valley’s Lake Country. The bling: Oh, hey, tough guy. You’re looking to get out of the city and...

Jul 27, 2020
Big Fat Deal: $16 million to live a life aquatic in White Rock
Nathan Caddell

Address: 13778 Marine Drive, White Rock Price: $15,800,000 Listing: R2452144 The skinny: Five-bedroom, seven-bathroom, 10,743-square-foot house on 67,082 square feet in White Rock The bling: Why White Rock, you ask? Well, where else can you look out from your massive mansion at our neighbours to the south, take...

Jul 21, 2020
Big Fat Deal: $4 million for...something in South Vancouver
Nathan Caddell

Address: 1324 West 58th Avenue, Vancouver Price: $4,180,000 Listing: R2440890 The skinny: Two-bedroom, one-bathroom, 1,000-square-foot house on 9,058 square feet in South Vancouver The bling: You know a house is a winner when the opening line of its three-sentence sell job includes the words “great choice to build a dream new...

Jul 17, 2020
Balfour Pacific: A West Coast Success Story

Balfour Pacific, a Vancouver-based private equity real estate firm, is outperforming the market. Emerging as a top performer in global league tables might be considered a long shot for a Vancouver-based private equity firm investing in U.S. commercial real estate. After all, there are at least 5,000 funds, many based in the U.S., focused on North America. Balfour Pacific managed to do just that. Preqin, the leading source of alternative asset industry data, ranks the firm’s inaugural fund as...

Jul 13, 2020
Ahead of the Curve: Bigger isn't always better
Jessica Kirby

BCBusiness + William Wright Commercial After several weeks that locked down the province and restructured the future of the contemporary workplace, BC businesses are back, many of them stronger than ever. Commercial real estate—often the cornerstone of a business’s livelihood—will be...

Jun 30, 2020
Meet the Burnaby food truck festival that doubles as a small business indicator
Nathan Caddell

On Saturday, June 20, about 700 people braved a torrential downpour to come to an unremarkable Brentwood parking lot. The former home of a car dealership was being transformed for the first of many biweekly food truck fairs, this one featuring...

Jun 23, 2020
Go Figure: Measuring the province’s highest towers
Melissa Edwards

9.4 percent of buildings in B.C. were classified as highrises as of 2016—up 23.5 percent since 2011 In Vancouver: 29.3 percent—up 18.5 percent since 2011 In Victoria: 17.9 percent—up 14.1 percent since 2011 In Kelowna: 3.1 percent—up 46.3% since 2011 B.C. had 106 existing or under-construction skyscrapers (buildings more than...

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