Anne Tanner - Executive Vice President, Royal LePage Commercial

Anne Tanner - Executive Vice President, Royal LePage Commercial Dynamic business leader and commercial real estate broker with over 24 years of award winning achiev

For Sublease - 759 Vanalman AveOpportunity to sublease 3,990 SF ground floor flex office & warehouse space located in th...
06/19/2026

For Sublease - 759 Vanalman Ave

Opportunity to sublease 3,990 SF ground floor flex office & warehouse space located in the heart of Saanich’s "Royal Oak Industrial neighbourhood".

The premises feature approx. 2/3 office & 1/3 warehouse with a functional layout suitable for a variety of business uses. The renovated office area includes 5 large private offices, boardroom, kitchen, storage area, and 2 washrooms.

The warehouse component offers 12-foot ceilings & grade-level loading, ideal for storage, distribution, or light industrial operations.

This Class A flex building provides ample parking, storage options, and exterior signage opportunities, with a strong tenant mix and a reputable sub-landlord located on site.

Central location with convenient access to both the Pat Bay Highway, Highway #1, and all areas of Victoria and up-island destinations. Numerous nearby amenities include Red Barn Market, McDonald’s, Shoppers Drug Mart, Bank of Montreal, and Country Grocer, enhancing convenience for staff and clients alike.

MLS #1033085
$19.10 PSF

For more info, please contact me at [email protected].

06/18/2026

Canada's agricultural land continues to attract investor attention as strong export demand, lower interest rates, and limited land supply support farmland values across much of the country.

For commercial real estate investors, farmland remains a unique asset class with long-term fundamentals tied to food production, global trade, and population growth. However, rising operating costs, regulatory complexity, and uncertainty surrounding land use, water rights, and Crown tenures—particularly in British Columbia—are creating challenges that can impact property values and transaction activity.

As market conditions evolve, investors are weighing strong long-term demand against increasing regulatory and operational risks.

More info at westerninvestor.com.

✨ The Prosperity Building at Dockside Green ✨3rd Floor, 388 Harbour Road, Victoria, BC4,652 SF of Top Class "A" Strata O...
06/17/2026

✨ The Prosperity Building at Dockside Green ✨

3rd Floor, 388 Harbour Road, Victoria, BC
4,652 SF of Top Class "A" Strata Office Space
Unbelievable water views and Tenant Improvements!

Exceptional Opportunity – Fully Built-Out LEED Platinum Office Space in Vic West. Seize the chance to own an entire floor of premium office space in the sought-after Vic West neighbourhood. This rare strata opportunity includes five fully built-out units comprising the entire third floor, designed to the highest environmental standards with LEED Platinum certification. Ideally located just steps from the Galloping Goose Trail, Westside Village Shopping Centre, the scenic Songhees Walkway, and all the conveniences of downtown Victoria, this property offers the perfect blend of accessibility, sustainability, and professional appeal.

MLS #1032208
$2,649,000

For more info, please contact me at [email protected].

The Bank of Canada held its key interest rate steady at 2.25% last week, marking its fifth consecutive rate hold. While ...
06/16/2026

The Bank of Canada held its key interest rate steady at 2.25% last week, marking its fifth consecutive rate hold. While inflation remains a concern, the Bank continues to take a cautious approach as it balances economic uncertainty with the goal of keeping inflation under control.

For more info, please contact me at [email protected].

06/15/2026

Artificial intelligence is creating uncertainty around British Columbia's labour market and office real estate sector, as businesses struggle to predict how AI will affect future hiring and workspace needs. Experts suggest AI is more likely to change and reshape jobs than simply eliminate or create them, making its long-term impact on office demand difficult to forecast.

Despite the uncertainty, the province is viewed as well-positioned to benefit from AI growth thanks to its educated workforce, strong universities, diversified economy, and proximity to major tech hubs like Seattle. Industry experts generally expect any changes to occur gradually and believe the city’s concentration of technology companies and emphasis on collaboration and innovation will help support ongoing office demand.

More info at westerninvestor.com.

More info at westerninvestor.com.

More info at westerninvestor.com.

06/11/2026

Reliance Properties has submitted plans to convert Victoria’s historic B.C. Power Commission building into a 126-room hotel. The project would preserve and restore the building’s art-deco character while adding a modest rooftop addition and guest terrace, responding to growing demand for hotel accommodations in the city.

The estimated $35-million redevelopment includes heritage designation, restoration of key architectural features, and limited on-site parking supported by nearby properties. The proposal replaces an earlier plan that included a residential tower, which was abandoned due to market conditions and parking constraints.

More info at westerninvestor.com.

06/10/2026

Concert Properties has entered a joint venture with a Brookfield Asset Management affiliate involving an eight-property Canadian industrial portfolio valued at approximately $1 billion. The portfolio includes 5.3 million square feet of logistics space across Vancouver, Toronto, Calgary, and Ottawa, featuring a mix of single-tenant and multi-tenant properties that are fully leased to a diverse range of tenants.

The portfolio is considered a high-quality, income-generating industrial asset with growth potential in key urban logistics markets. Concert will actively manage the properties on behalf of the partnership, while both companies see the venture as an opportunity to create long-term value and expand their relationship over time.

More info at connectcre.ca.

✨ 9139 East Saanich Rd, North Saanich, BC ✨Opportunity to acquire a 0.65-acre (28,314 square foot) commercially zoned co...
06/09/2026

✨ 9139 East Saanich Rd, North Saanich, BC ✨

Opportunity to acquire a 0.65-acre (28,314 square foot) commercially zoned corner lot with a 3,041 sq. ft. building, currently home to the long-standing family business, Gurton’s Garage. Ideal for an owner-user, investor, or developer, the property can also be expanded to approx. 2.94 acres (128,066 sq. ft.) by assembling up to three residential lots to the north (currently for sale) and one residential lot to the east (owned by the Gurton family).

Located in the heart of Saanichton, B.C., at McTavish and East Saanich Roads, it’s just 5 minutes to Victoria International Airport and 10 minutes to BC Ferries.

This is the first time this property has come to market in over 100 years.

While the business is not for sale, assets may be purchased for continued auto use. The one-level building offers admin and sales offices, a large work area, and four grade-level bay doors.

The family is open to a leaseback, providing holding income during redevelopment planning.

MLS #1030252
$2,699,000

For more information, please contact me at [email protected]

06/08/2026

🏢 The office is making a comeback—but employees want it to look different.

As return-to-office policies gain traction, workers are placing a greater value on privacy, quiet workspaces, and layouts designed around how they actually work. Many companies are moving away from dense, shared workstations and rethinking their space requirements.

📈 Key trends shaping the office market:
• More space per employee
• Less desk sharing
• Increased demand for private and focused work areas
• Greater emphasis on amenities and convenience

With tenant demand improving, office vacancy rates are expected to continue declining over the next few years as companies invest in workplaces employees actually want to use.

More info at connectcre.ca.

06/05/2026

🏗️ Canada's condo development sector is facing mounting pressure.

Developers are calling for changes to construction financing requirements as weak pre-sale activity continues to delay projects, reduce housing starts, and strain the development pipeline.

Many lenders currently require a significant percentage of units to be sold before construction financing is approved. In today's market, reaching those targets has become increasingly difficult, leading to project delays, cancellations, receiverships, and a growing number of condo-to-rental conversions.

More info at connectcre.ca.

Address

#200/535 Yates Street
Victoria, BC
V8W2Z6

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