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

Hotel transactions require more than simply putting a property on the market. They require an understanding of hospitali...
08/26/2026

Hotel transactions require more than simply putting a property on the market. They require an understanding of hospitality operations, investment fundamentals, market conditions and the unique considerations that come with hotel assets.

Whether you’re considering selling a hotel, acquiring your next property, or exploring your options, specialized commercial real estate expertise can make all the difference.

📊 Market insight
🏨 Hotel-specific expertise
🤝 Strategic representation
📈 Investment-focused advice

Specializing in hotel sales and acquisitions.

08/25/2026

Iconic Canadian retailer Roots has agreed to a $161-million acquisition led by Marquee Brands and a Joe Mimran-led operating group.

The deal brings an experienced retail team behind the brand, with plans to oversee Roots’ stores, e-commerce, design and operations.

Roots currently operates 96 permanent stores and 11 pop-ups across Canada, with most locations in high-performing malls and premium retail areas.

🏬 For the commercial real estate market, the deal is an interesting development. With an established Canadian brand and experienced retail operators at the helm, Roots’ strong store network could remain an important part of Canada’s retail landscape.

The transaction is expected to close in the fourth quarter, pending approvals.

More info at connectcre.ca.

08/24/2026

Saanich Council has unanimously approved three mid-rise residential projects that will bring 251 new homes to the community.

But the impact goes beyond housing. More residents means more customers for local businesses, greater demand for shops and services, and increased activity in commercial areas. 🛍️☕️

One of the projects will also include ground-floor space for a café or restaurant, adding to the mix of amenities in the neighbourhood.

It’s a great example of how thoughtful growth can support both Saanich’s housing needs and its local commercial economy. 🏘️📈

More info at westerninvestor.com.

08/21/2026

A long-overlooked area of Saanich is set for a major transformation after council unanimously approved an eight-storey mixed-use development at 3308–3312 Tennyson Ave.

The project will include industrial space, self-storage units and administrative offices, adding new industrial capacity to the Douglas West area between Mayfair Mall and Uptown.

Council described the project as an investment in Saanich’s business community and a flexible development that can adapt to future industrial needs.

The approval represents another step in the evolution of an area that has been transitioning toward industrial uses since the 1970s — and a strong vote of confidence in its future.

More info at westerninvestor.com.

For Sublease - 759 Vanalman AveOpportunity to sublease 3,990 SF ground floor flex office & warehouse space located in th...
08/20/2026

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].

✨ 9139 East Saanich Rd, North Saanich, BC ✨Opportunity to acquire a 0.65-acre (28,314 square foot) commercially zoned co...
08/19/2026

✨ 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]

08/18/2026

If you’ve ever been to the Philippines, you already know how good Jollibee is!

Jollibee has signed its first multi-unit franchise agreement in B.C., paving the way for 16 new restaurants across the province over the next five years.

The Filipino fast-food favourite currently has four B.C. locations in Vancouver, Surrey and Richmond — but this expansion could nearly double Jollibee’s Canadian footprint when combined with a separate 10-restaurant commitment in Edmonton.

For commercial real estate, this is an interesting development too. The rollout will require a mix of high-traffic retail sites, restaurant-ready spaces and drive-thru locations across B.C., creating new demand for well-positioned commercial properties.

More info at connectcre.ca.

✨ The Prosperity Building at Dockside Green ✨3rd Floor, 388 Harbour Road, Victoria, BC4,652 SF of Top Class "A" Strata O...
08/17/2026

✨ 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].

08/14/2026

🏢 Commercial Real Estate Lending Gets More Selective

Commercial real estate lending in Western Canada is improving, but capital is becoming increasingly selective. Lenders and investors are favouring properties with strong cash flow, solid tenants and experienced owners.

Grocery-anchored retail, large-bay industrial and well-located core office remain attractive, while land and some multifamily projects face tighter conditions.

The takeaway? Capital is available—but quality, location and proven performance matter more than ever.

More info at westerninvestor.com.

08/13/2026

🏢 RioCan Refocuses on Retail

RioCan is selling or conditionally agreeing to sell approximately $1.26 billion in residential assets as it shifts its focus toward retail properties.

The real estate investment trust expects to exceed its $1.3-billion capital-repatriation target, with proceeds going toward debt reduction, retail investments and potential acquisitions.

RioCan also plans to invest approximately $100 million in its retail portfolio this year, highlighting its confidence in the long-term strength and potential of the retail sector.

Address

#200/535 Yates Street
Victoria, BC
V8W2Z6

Telephone

+12508824102

Website

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