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COMMERCIAL REAL ESTATE | FRANCHISES | BUSINESS OPPORTUNITIES $4.29 • MARCH 2018 • VOL33/3 BEYOND FLATS | 10 RAILTOWN NOW ON THE RADAR False Creek Flats already staked as light-industrial investors see historic Railtown as the next stop GATEKEEPERS | 14 FIRST NATIONS HOLD LAND ACE Aboriginal bands have a lock on some of the best residential and industrial land in Lower Mainland CONTENTS Full index 3 False Creek Flats 10 TY WHITTAKER Retail angst 12 First Nation lands 14 VVANCOUVERANCOUVER IISLANDSLAND B.C. report 16 Dual agency rules 22 PPROVESROVES IIRRESISTIBLERRESISTIBLE Vancouver Island 24 Done Deals 26 MMAINLANDAINLAND DEVELOPERSDEVELOPERS GOGO ALLALL ININ | 2424 PUBLICATIONS MAIL AGREEMENT 40069240 0 3 0 6 0 3 5 8 1 8 2 9 1 9 Top Producers 2017 A11 A2 | LOWER MAINLAND WESTERNINVESTOR.COM | MARCH 2018 22,930 SF INDUSTRIAL FREESTANDING FOR SALE FOR SALE OPEN FORMAT SHOPPING BUILDING FOR SALE IN DELTA INDUSTRIAL BUILDING 42 ACRE VINEYARD 38.4 - 78.4 ACRES CENTRE WITH PURPOSE-BUILT 8014 WEBSTER ROAD, DELTA 27222 58TH CRESCENT, LANGLEY 4363 RYEGRASS ROAD, OLIVER, BC BURKE MOUNTAIN, COQUITLAM MULTI-FAMILY RESIDENTIAL TYEE PLAZA & APARTMENTS CAMPBELL RIVER, BC • Delta’s Tilbury Industrial area off River Road • 32,402 sf on 1.61 acre corner lot • 42 acre high quality vineyard in Oliver • 2 lots: 38.4 and 40 acres • I2 Heavy Industrial zoning • November 1, 2018 occupancy • Produces Riesling, Pinot Gris, Viognier, • Beautiful views • Shoppers Drug Mart anchored 92,110 sf open format centre with development and leasing upside • 1.053 acre site • Multiple dock & grade doors Chardonnay & Gewurztraminer • Future residential development property • New purpose built 46-unit multi-family building, • Asking Price $5,600,000 • Clean stage environmental report available • Contract in place with or ideal estate lots Constellation Brands Canada easily accessible • $7,480,000 • Asking $3,250,000 per lot • Clear title, great yield potential with upside RON EMERSON | JOHN WEISS • Asking Price $3,250,000 JORDAN SENGARA* KEVIN VOLZ* | BOB WATT BILL RANDALL* BILL RANDALL* PETER GIBSON* KOLUMBIA GARDEN MULTI-FAMILY DEVELOPMENT LAND FOR SALE INVESTMENT/DEVELOPMENT 3 STOREY RENTAL BUILDING WITH DEVELOPMENT OPPORTUNITY FOR SALE IN ABBOTSFORD REAL ESTATE WITH BUSINESS OPPORTUNITY 39 STRATA TITLED SUITES 17719 58A AVENUE, SURREY 342 WALE ROAD, COLWOOD, BC 33816 SOUTH FRASER WAY, ABBOTSFORD PROFITABLE BOWLING ALLEY 1615, 1625, 1633 & 1651 FRANKLIN ST, VANCOUVER • 19 - One bedroom & 20 - Two bedroom suites • Centrally located in the rapidly growing West • ±13,000 sf corner lot on one of the busiest • Central Metro-Vancouver location • 28,228 sf site with holding income and • Net rentable floor area of 32,699 sf Shore community of Colwood corridors in Abbotsford • 7.1% return - can be 8% upon sale redevelopment potential • Includes 50 secured parking stalls • Site size of 59,374 sf • Certificate of Compliance (pending) - slab on grade • Asking $7,390,000 (bare trust) • 7 parcels currently improved with 4 industrial buildings and 20 surface stalls • Asking Price $2,999,000 • Excellent location to build retail/mixed use • Can be a hands-free investment opportunity • Asking Price $6,898,000 • Located in Historic Downtown Abbotsford • 22,028 sf combined rentable area • Contact agents for more details DON DUNCAN* | CHRIS DRIVER* TIM SOMMER* | CHRIS DRIVER* HARPREET SINGH* ADAM FRIZZELL | FRANCES WU SEAN UNGEMACH**** | JEFF SCHATZ ±20 ACRES DEVELOPMENT CENTRALLY LOCATED 46,874 SF INDUSTRIAL ASSET IN INVESTMENT OPPORTUNITY FOR SALE/LEASE - GLOUCESTER POTENTIAL IN TOWNSHIP OF LANGLEY INDUSTRIAL WAREHOUSE WILLINGDON-CANADA WAY AREA IN ABBOTSFORD INDUSTRIAL ESTATES 3610 240TH STREET & PID: 011-430-966 IN CAMPBELL RIVER 3455 GARDNER COURT, BURNABY 31772 SOUTH FRASER WAY, ABBOTSFORD 5363 & 5368 273A STREET, LANGLEY 1620 ISLAND HIGHWAY, CAMPBELL RIVER, BC • ±10 acres in ALR ($2.2M) and another ±10 acres • 2.47 acres • 100% leased commercial plaza on South Fraser Way • 5363 273A Street - 23,794 sf partially in ALR ($2.85M) (warehouse/office/mezzanine) • 11,587 sf warehouse with showroom space • M1 zoning • National tenant (auto body shop) occupies • RU-3 and MH-1 zoning 50% of the space • 5368 273A Street - 12,850 sf (warehouse/office) • Grade loading bay with 30’ ceilings • Well maintained, excellent condition • Proximity to Fraser Highway and 16th Avenue • ±0.9 acres of land holds - Great value • 24’ & 26’ ceiling heights • 100% vacant • 18’ ceilings with seven (7) dock doors • Can be purchased together or separately • 50 parking spots and a lot of recent updates • Ample turning radius & enclosed storage SEAN UNGEMACH**** | PHILIP YU with fence HARPREET SINGH* | MICHAEL HARDY* ANNE TANNER* | TIA HUDEMA CO-LISTED WITH MACDONALD REALTY HARPREET SINGH* WILLIAM N. HOBBS* | DAVID POTTINGER 28 STRATA UNIT RESIDENTIAL/ INDUSTRIAL INVESTMENT DEVELOPMENT LAND FOR SALE LAND ASSEMBLY FOR SALE FOR SALE HOTEL INVESTMENT IN WHISTLER OPPORTUNITY WITH UPSIDE IN BEAUMONT IN ABBOTSFORD 19,119 SF STRIP MALL NORTHLANDS BOULEVARD, WHISTLER VILLAGE 19473 FRASER WAY, PITT MEADOWS BEAUMONT LAKES SOUTH, ALBERTA EMERSON STREET, ABBOTSFORD 30 N THIRD AVENUE, WILLIAMS LAKE, BC • A rare opportunity to acquire resort asset • 51,869 sf in 2 units • 30 acres of mixed-use land in Beaumont, Alberta • ±35,000 sf land next to Mill Lake Park • 19,119 sf on 0.88 acres in Whistler • Excellent parking; new roof; dock & grade • Next door properties have started development • Designated Midrise up to 2.0 FAR • Corner location with high visibility • Can be operated as multi-family rental loading; yard areas • Excellent holding property, priced to sell • Superb location with holding income • Asking Price $1,200,000 property or hotel • Below market rents • Commercial, residential detached and attached from duplexes • 28 strata units may be sold separately in • Potential zoning upside zoning (bylaw pending) • Asking Price $60/sf based on 2.0 FAR the future • Sale Price $9,800,000 (Only $189 psf) BILL RANDALL* | BRETT AURA* RICK EASTMAN* HARPREET SINGH* HARPREET SINGH* BILL RANDALL* FOR SALE FULLY TENANTED INDUSTRIAL PRIME REDEVELOPMENT SITE 2.698 ACRES OF PRIME FOR SALE - 168.7 ACRES 14727 108TH AVENUE & 14672 108A AVENUE INVESTMENT PROPERTY WITH HOLDING INCOME DEVELOPMENT LAND WITH RENTAL INCOME SURREY, BC CLOVERDALE INVESTMENT 9291 - 9311 RIVER DRIVE, RICHMOND LOT 2 - 750 DOMINION AVENUE, PORT COQUITLAM 2575 ALASKA HIGHWAY, FORT NELSON, BC • High profile 1.64 acre income asset with • 22,500 sf freestanding manufacturing/distribution • 206,610 sf warehouse/office; 6.37 acres freehold • High exposure corner lot re-development potential warehouse • 4.03 acres water lot which 1.15 acres is filled and • Light industrial with potential for retail/ • 11,000 sf building on 168.7 acres • Superb location with access to several traffic • Dock & grade loading, fenced compound improved with buildings showroom/office (includes office, coffee room & a parts room) arteries; Direct access to 108th Avenue • Strong international convenant • Centrally located, larger development site • Great access with 3 road frontages • Current lease rate is $273,900 net per annum for the building and 20 acres • Contact listing broker for asking price on the north arm of the Fraser River • Excellent value • Asking Price $4,900,000 MICHAEL HARDY* WILLIAM N. HOBBS* BILL RANDALL* | RANDY SWANT BART VANSTAALDUINEN* | RICK EASTMAN* BILL RANDALL* BIG BOX RETAIL FOR SALE - CHILLIWACK RARE INVESTMENT FOR SALE FOR SALE FOR SALE / LEASE DEVELOPMENT SITE OPPORTUNITY IN PORT MOODY TWO REDEVELOPMENT SITES 250 HIGHWAY 97A VERNON/SPALLUMCHEEN, BC 925 NOTRE DAME, KAMLOOPS, BC 46325 YALE ROAD, CHILLIWACK, BC 2325 ST. JOHNS STREET, PORT MOODY BRIDGEPORT VILLAGE, RICHMOND • 20,400 sf on 1.38 acres • 18,992 sf corner site • Commercial-Residential investment property with • 8,052 sf corner lot in growing area • Located in Spallumcheen Valley • Approximately 59 parking stalls • CS1 - Service Commercial zoning one (1) commercial & three (3) residential units • OCP: 2 FAR; 25m max height; commercial only • 112 acres • Price $5,200,000 • Asking Price $680,000 • Secure income and well-located on busy street • $27,480 (annual/gross) holding income • Industrial zoning • Lease Rate $14.95 net psf • Approx. 1 km from Port Moody Station and • Price $2,400,000 • Excellent highway exposure and access Rocky Point Park • Asking $4,500,000 BURTON VAN ALSTINE* | GORD AXFORD ERIC WALKER DAVID CANNING CO-LISTED WITH ROYAL LEPAGE STERLING REALTY PHIL JOUBERT* BILL RANDALL* | ERIC RICE 604 683 3111 / cushmanwakefield.com *Personal Real Estate Corporation / **Craig Haziza is licensed with CAH Realty Inc. and has a contractual relationship with Cushman & Wakefield ULC ***Kevin Meikle is licensed with K.H.M. Realty Ltd. and has a contractual relationship with Cushman & Wakefield ULC / ****Sean Ungemach is licensed with SBU Realty Advisors Ltd. and has a contractual relationship with Cushman & Wakefield ULC / E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Cushman & Wakefield ULC VANCOUVER | LOWER MAINLAND | VANCOUVER ISLAND Contents | MARCH 2018 OPINIONS & FEATURES NEWS & DEALS WESTERN PERSPECTIVE 6 First Nations now the gatekeepers Frank O’Brien, Western Aboriginal bands hold coveted lands 14 Investor editor, says there What it costs to build a strip mall should be a clear distinction Hard construction
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  • File # 16-589 the REAL ESTATE COUNCIL of BRITISH COLUMBIA

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    File # 16-589 THE REAL ESTATE COUNCIL OF BRITISH COLUMBIA IN THE MATTER OF THE REAL ESTATE SERVICES ACT SBC 2004, c 42 as amended AND IN THE MATTER OF CANDICE CLAIRE DYER (126908) AND CANDICE DYER PERSONAL REAL ESTATE CORPORATION (126908PC) CONSENT ORDER RESPONDENTS: Candice Claire Dyer, Associate Broker, Max Wright Real Estate Corporation dba Sotheby's International Realty Canada, while licensed with Sea to Sky Real Estate Whistler Ltd. dba RE/MAX Sea to Sky Real Estate and West Coast Realty dba Sutton Group-West Coast Realty Candice Dyer Personal Real Estate Corporation DATE OF CONSENT 27 August, 2020 ORDER: CONSENT ORDER Y. Amlani REVIEW S. Sidhu COMMITTEE: C. Ludgate COUNSEL: Meredith MacGregor, Legal Counsel for the Real Estate Council of British Columbia PROCEEDINGS: On 27 August, 2020, the Consent Order Review Committee (“CORC”) resolved to accept the Consent Order Proposal (the “Proposal”) submitted by Candice Claire Dyer (“Ms. Dyer”), on her own behalf and on behalf of Candice Dyer Personal Real Estate Corporation (“CD PREC”). Candice Claire Dyer Candice Dyer Personal Real Estate Corporation Page 2 WHEREAS the Proposal, a copy of which is attached hereto, has been executed by Ms. Dyer, on her own behalf and on behalf of CD PREC. NOW THEREFORE, having made the findings proposed in the attached Proposal, and in particular having found that Ms. Dyer and CD PREC committed professional misconduct within the meaning of section 35(1)(a) of the Real Estate Services Act (“RESA”) and sections 3-3(a), 3-3(b), and 3-4 of the Rules made under the RESA, pursuant to section 43 of the RESA the CORC orders that: 1.