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Is Industrial a Good Investment?

Posted on Jun 25, 2022

Short answer is YES. Long answer is, it is if you can get your hands on some.

Industrial (warehouses, yards etc.) have been underdeveloped for decades in the Lower Mainland. All spare land has gone to..you guessed it housing. So if your parents bought a warehouse in the 70's or 80's and is considering selling it, try your best to convince him to hol...

Is Anyone Going Back To The Office?

Posted on Jun 12, 2022

Not for another FIVE YEARS according to

Mark Rose, the Chief Economist of Avison Young. How crazy of a shift is that? Obviously there are many, many things that were terrible thanks to COVID-19, but I don't think anyone could have predicted that the majority of people who worked in offices would all be working from home and preferring it!

Now just b...

Is it a good time to SELL my business now?

Posted on Jun 04, 2022

To be fair, there are commonly only a couple of times when it's not "great" - Summer Holidays and Winter Holidays.

People are away on vacation, Christmas gifts kids activities and camps, etc. etc.

In general the market is busy right now, but Buyers are not just buying whatever.

They are cautious due to COVID.

They are worried about a repeat.

Worried abo...

COVID deals?

Posted on Feb 14, 2022

If you thought that you'd be getting a business for free or "taking over a lease" - I'm sorry to be the one to burst your bubble.

Nearly two years in and that has not happened. With restrictions now lifting Province to Province, it appears that the end is in sight. Now would certainly NOT be the time for existing operators to throw their hands up in...

How Long Does A Deal Take?

Posted on Nov 20, 2021

Well it depends. On what? Subject Removal. Landlord Approval. Lawyer Approval. Accountant review. Financing. Seasonal/Holiday delays (who want's to complete a deal in the week between Christmas and New Years?!)All of that said, the average deal takes between six and eight weeks from offer submission to completion.How can you get it done faster? As...

Storm and Damage

Posted on Nov 15, 2021

I'm sure you've seen the news about the

monster "Pineapple Express" storm

the South Coast is dealing with.

All of this torrential rain makes me think about a business I used to own that operated out of a century old building.Any time it rained like this, the ground floor would flood. There was a whole process to move the downspout and then bail out th...