The HM Commercial Report provides an in-depth analysis of the Commercial Real Estate Market in the Okanagan. In the Fall 2018 edition of this report we focus on five different sectors of the market: Land & Development, Investment, Retail, Office and Industrial.
View 2018 Full Report
The HM Crystal Ball – Fall 2018
E-commerce is driving innovation in land use & planning, even development as a whole. Bricks and mortar retail needs to adapt as CNN predicts 25% of shopping centres could go bankrupt in the next 5 years. What risks and opportunities are we going to see moving forward? 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.
Land & Development Report – Fall 2018
Demand for land remains strong in Kelowna, in core urban areas and single-family lots in residential areas further away from the centre of the City.
Investment Report – Fall 2018
The investment market remains incredibly tight, largely due to a constricted supply and continued demand.
Retail Report – Fall 2018
Retailers in Kelowna are reporting that customers still have a desire to shop in person, which is good news for local businesses.
Office Report – Fall 2018
It was a productive year in Kelowna when it came to the absorption of office spaces.
Industrial Report – Fall 2018
Kelowna is struggling to keep up with demand when it comes to industrial spaces, continuing on with the trend from last year.
HM Commercial Report Release Party
Every year we invite investors and industry professionals to our annual Commercial Report Release Party. Contact us to express your interest or for more information.
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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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