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Kelowna is changing, and we are often asked, what do you see for the future? We may not have a crystal ball, but we've turned to the experts to ask for their opinions on the future of our city....
New construction is everywhere, and development parcels are often receiving multiple offers on the same day.
Just when we thought cap rates couldn't go any lower....they did.
The urbanization of Downtown continues as more and more businesses are attracted to the area.
The most notable change in the office market this year is a large influx of new inventory in the Downtown Core, driven by the tech sector and strata development.
The industrial vacancy rate is critically low, with a shortage of available land to resolve the lack of inventory.
The HM Commercial Report provides an in-depth analysis of the Commercial Real Estate Market in the Okanagan.
In the Fall 2017 edition of this report we focus on five different sectors of the market: Land & Development, Investment, Retail, Office and Industrial.
2700 Richter St. Kelowna, BC V1Y 2R5
Macdonald Realty Kelowna