The HM Commercial Market Reports

HM Commercial Reports provide an in-depth analysis of the commercial real estate market in the Okanagan; a comprehensive overview of all market segments of leasing, investment and development real estate across Office, Retail, Industrial and Multi-Family sectors.

The Shore, Kelowna BC

Latest Market Report

Q1 2023

In the Q1 2023 edition of this report we focus on five different sectors of the market: Land & Development, Investment, Retail, Office and Industrial.

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Past Market Reports

Fall 2021

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Fall 2020

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Fall 2019

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Fall 2018

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Fall 2017

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Fall 2016

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HM Commercial Report Release Party

Every year we invite investors and industry professionals to our annual Commercial Report Release Party. Our Fall 2019 event at the Laurel Packinghouse was highlighted by guest speakers Andrew Wilkinson, Andrey Pavlov, and Leonard Kerkhoff.

Watch Highlights

“Without question, HM Commercial is one of the premier leaders of commercial real estate in the Okanagan Valley.”

The Stober Group has been dealing with the partners at HM Commercial Realty for more than 10 years. Their knowledge of the marketplace and the Landmark District is superb and their ability to handle complex negotiations is second to none. Without question, they are one of the premier leaders of commercial real estate in the Okanagan Valley and we have no hesitations in recommending their services.

Dallas Gray

Leasing & Marketing – Stober Group

“Meghan has shown a high level of dedication to sourcing suitable tenants and working diligently to complete leases.”

I have worked with Meghan on various retail & office projects over the years, most recently with our work on ‘The Shore’, a 150,000 sf mixed use development across from Gyro Beach in Kelowna. Meghan has shown a high level of dedication to sourcing suitable tenants and working diligently to complete leases. During preleasing, she offered valuable feedback that resulted in improvements in the layout and design of the commercial component. She has since had our best interests in mind at every turn.

Greg Appelt

President of Rise Management

“There is a reason that HM Commercial have captured such a strong market share in the commercial space.”

All too often I hear companies make claims they simply can’t practice, there is a reason that HM Commercial have quickly captured such a strong market share in the commercial space. They know do the research, they know the market, and they truly commit to understanding the needs of their customers. They also have respected connections in our key trade markets. Their success in grounded on these values and there is no wonder we see their notable green/white signs throughout the Kelowna and the Okanagan.

Brad Pelletier

Senior Vice-President of Wesbild Okanagan

“Rarely do we get to form what I consider a truly collaborative partnership like we have with HM Commercial.”

As active acquirers in many markets we work with and have great relationship with a number of brokerages. Rarely do we get to form what I consider a truly collaborative partnership like we have with Jeff, Marshall, Meghan and the entire HM team in Kelowna. We appreciate this tremendously. They also add considerable value beyond the transaction with respect to municipal relationships, data and local knowledge. We couldn’t navigate deal making and development in the Okanagan without them.

Michael Nygren

President & CEO of District Group

“Commitment and grit during challenging market conditions and negotiations.”

Meghan worked with our team throughout pre leasing, through to the completion and 100% lease up of the Innovation Centre. She displayed commitment and grit during challenging market conditions and negotiations. She was passionate about achieving a tenant mix that supported the unique objectives of the development. I would absolutely recommend Meghan as a commercial real estate leasing representative, and would be pleased to work with her again in the future.

Kelsey Helm

Business Owner – Innovation Centre

SOPA Square, Kelowna BC

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We are committed to providing clients with an elevated experience and to delivering exceptional service and results. We are system and process driven and strive to be leaders and information providers in our local market. Specializing in acquisition and disposition of commercial real estate with over 40 years of combined experience. We do things differently and it works.

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