Vancouver Commercial Real Estate Podcast

PODCAST · business

Vancouver Commercial Real Estate Podcast

Imagine you are friends with hundreds of commercial real estate investors, developers, economists and urban planners in Vancouver. Now imagine you can grab a coffee with each of them and casually chat about failures, successes, motivations, lessons learned and even their best investment advice. This plus the nuts and bolts of Commercial Real Estate - that’s what we’re aiming for with the Vancouver Commercial Real Estate Podcast!

  1. 210

    VCREP #185 | Inside Western Canada’s Real Estate Shift with Johannes Van Leenen

    On this episode of the Vancouver Commercial Real Estate Podcast, Cory Wright sits down with Johannes Van Leenen to unpack the realities of development across Western Canada and beyond. From Calgary and Kelowna to Phoenix, Miami, Belize, and Bali, Johannes shares how Fifth Avenue Properties is navigating today’s challenging market while continuing to expand internationally.They discuss why Alberta continues to attract investment, how BC regulations are impacting condo development, the shift toward rental projects, and what developers are really facing with financing, pre-sales, DCC costs, and government policy. Johannes also gives his outlook on the next 12–24 months for the Canadian real estate market and explains why he still believes strongly in the long-term future of BC.Plus: business books, Calgary growth, Kelowna lifestyle, and why “Good to Great” remains required reading for entrepreneurs.

  2. 209

    VCREP #184 | From Spec Builds to Strategy: How Vancouver Developers Are Adapting

    Construction activity across Metro Vancouver is changing, with developers adjusting how projects are planned, financed, and delivered.This week, Cory Wright sits down with Ben Temple, Business Development Manager, and Darren Sauer, Director of Development at Wales McLelland, a construction firm with roots dating back to 1971. They discuss the shift toward owner-user projects over speculative development, as well as emerging demand in sectors like self-storage and data centres.The conversation closes with their outlook for the rest of 2026, including early signs of improving leasing activity and cautious optimism in the industrial development market.

  3. 208

    VCREP #183 | Global Investing Insights with Peter Leung

    This week on the Vancouver Commercial Real Estate Podcast, Cory Wright is joined by returning guest and “Investorpreneur” Peter Leung for a wide-ranging conversation on global markets and investment trends.Peter shares his perspective on the broader economic landscape, how international events are influencing Canadian markets, and what investors should be watching right now. The discussion also touches on opportunities beyond commercial real estate and how shifting global conditions could shape investment strategies moving forward.A big-picture conversation on markets, macro trends, and where smart investors may be looking next.

  4. 207

    VCREP #182 | Unpacking BC’s 2026 Provincial Budget with Stephen Gammer

    This week, Cory Wright is joined by Stephen Gammer, Senior Broker and Partner at William Wright Commercial’s Fraser Valley office, to break down BC’s 2026 Provincial Budget.With his background in provincial politics, Stephen unpacks the expanded PST on professional services, rising deficits, growing debt costs, and what it all means for developers, landlords, and tenants. They discuss how new taxes and increased spending could impact development viability, operating costs, and housing affordability across the province.A direct, no-nonsense conversation on policy, economics, and the future of commercial real estate in BC.

  5. 206

    VCREP #181 | Why Nanaimo Could Be the Hottest Commercial Real Estate Market in 2026

    Is Nanaimo the next breakout market in BC?This week on the Vancouver Commercial Real Estate Podcast, Cory Wright sits down with Evan Richardson from William Wright Commercial to break down why investors are turning their attention to Nanaimo.From population growth and limited commercial supply to national retailers entering the market, they unpack why this Vancouver Island city could be one of the most exciting places to invest in 2026.

  6. 205

    REPOST: VCREP #36 | Investing in Multifamily 101 with Marianne DeCotiis

    Disclaimer: This podcast was originally recorded and aired February 2022Ever wonder which commercial asset class has the lowest cap rate but offers the most stable returns? This week, Cory and Matt welcome Marianne DeCotiis, a multifamily specialist with William Wright Commercial’s Fraser Valley office. Tune in as Marianne breaks down the multifamily asset class, sharing how it’s funded, how the leases are government regulated, and plenty more!Marianne also walks through why demand for this asset class has been so consistent and how cap rates have hit historical lows, yet demand continues to grow. Multifamily operates a lot differently than most commercial asset classes and Marianne unpacks why that is.

  7. 204

    VCREP #180 | Why Developers Can’t Build Homes in Today’s Market

    This week, Cory Wright welcomes back Brad Jones, Chief Development Officer at Wesgroup, to unpack why building new housing has become so challenging in today’s market. They discuss everything from massive upfront costs and rising municipal fees to the unintended consequences of consumer protection legislation like the Real Estate Development Marketing Act (REDMA).The conversation also explores potential policy changes that could help unlock stalled projects, including removing GST on new housing and revisiting property transfer taxes. Brad offers a candid look at the hurdles developers face, why housing supply is struggling to keep up with demand, and what needs to change to get projects moving again.

  8. 203

    VCREP #179 | Interest Rates, Lending, and What Comes Next with Alan Haigh

    This week on the Vancouver Commercial Real Estate Podcast, Cory Wright welcomes back Alan Haigh, Founding Partner at Impact Commercial Group, to break down what’s really happening in the commercial lending market.Alan covers where interest rates and bond yields are sitting, how lenders are viewing risk right now, and what that means for investors moving into the next phase of the cycle. They touch on office, industrial, multifamily, and land, highlighting where deals are starting to make sense again and where caution is still warranted.The conversation also looks at regional trends across BC and Alberta and how experienced investors are adjusting their strategies in a tighter, more selective market.

  9. 202

    VCREP #178 | Is the Market Finally Turning? A Commercial Real Estate Pulse Check

    Is deal momentum finally returning, or is the market just catching its breath? Cory Wright and Rod MacKay sit down for an honest pulse check on commercial real estate, unpacking what they’re seeing on the ground as activity begins to pick up. From buyer expectations and pricing gaps to asset classes showing early signs of life, this conversation cuts through the noise and focuses on what actually matters right now. What’s driving renewed confidence? Where are deals still getting stuck? And what should investors and brokers be paying close attention to as the year unfolds? A timely, straight-shooting discussion for anyone trying to make sense of today’s market.

  10. 201

    VCREP #177 | Top 5 Canadian Markets to Watch in 2026, with Western Investor’s Peter Mitham

    Cory sits down with Western Investor editor Peter Mitham to reveal the Top 5 Western Canadian real estate markets to watch in 2026. From Kelowna’s land opportunities to Nanaimo’s resilient multifamily sector, Edmonton’s rising rents, Regina’s affordability advantage, and Winnipeg’s booming industrial demand. Lets go!

  11. 200

    VCREP #176 | Appraising 2025: Market Insights with Ryan Wong & Tony Liu of Wong & Liu Valuation Group

    This week Cory sits down with Ryan Wong and Tony Liu, co-founders of Wong & Liu Valuation Group to unpack the realities of B.C.’s commercial real estate market heading into 2026.From cooling industrial and development land values to the surprising strength of retail and multifamily assets, Ryan and Tony offer a data-driven look at what’s really happening on the ground. They also share how property owners can benefit from appraisals beyond purchases and sales, including tax planning, estate evaluations, and BC Assessment appeals.Tune in for sharp insights from two of the city’s leading appraisers and hear their honest takes on what 2026 might bring for investors, developers, and landlords alike.

  12. 199

    VCREP #175 | Where the Smart Money Moves Next

    As 2025 winds down, what’s really happening in the commercial lending world and where are things headed next year? Cory welcomes Jon Switzer and Amanda Lam from Impact Commercial to break down how interest rate cuts, sticky bond yields, and shifting asset class demand are shaping the finance landscape. From the slowdown in construction loans to the resurgence of retail and office, Jon and Amanda share what they’re seeing on the front lines and where the smart money is moving. How far will the Bank of Canada go with rate cuts? Which markets are offering real value? And is now the time to lock in a fixed rate, or stay flexible?Packed with market insight and practical takeaways, this episode sets the tone for 2026.

  13. 198

    VCREP #174 | National Market Insights with Raymond Wong of Altus Group

    This week on the Vancouver Commercial Real Estate Podcast, Cory Wright sits down with Raymond Wong, Vice President of Data Solutions at Altus Group, for a nationwide look at the commercial real estate landscape.With access to some of the most comprehensive data in the industry, Raymond unpacks key trends driving the Canadian market — from shifts in industrial and multifamily demand to evolving dynamics in office and retail. He also shares his outlook for the remainder of 2025, touching on the effects of interest rate changes, global trade pressures, and investor sentiment.Tune in for an insightful, data-driven discussion on where Canada’s commercial real estate market stands today.

  14. 197

    VCREP #173 | Towers, Town Centers & Tough Decisions with Sean Hodgins of Century Group

    This week host Cory Wright invites Sean Hodgins, President of Century Group, to discuss the challenges and opportunities of large-scale development. Sean shares insights from the proposed redevelopment of the Tsawwassen Town Center, including the hurdles of navigating community pushback, the realities of working within Official Community Plans, and the delicate balance between housing, amenities, and political pressures.From grocery-anchored retail and libraries to innovative healthcare space, Sean outlines how Century Group is adapting its vision while shedding light on the bigger implications for developers across Metro Vancouver. If you’ve ever wondered what it really takes to move a project from vision to reality, this episode is a must-listen.

  15. 196

    VCREP #172 | Commercial Real Estate is Waking Up: Deals, Demand & What’s Next

    After a summer hiatus, Cory Wright is back with Rod MacKay, Team Lead at William Wright’s Vancouver office, to break down what’s really happening in the commercial real estate market. Why did deal activity surge through the summer when it’s usually slow? Which asset classes are leading the rebound and which ones are still struggling to find their footing? And what do investors need to know heading into the final stretch of 2025? From pricing realities to pent-up demand, retail resilience to surprising signs of life in the office sector, this episode offers a candid, on-the-ground look at where the market stands today and what could be coming next.

  16. 195

    VCREP #171 | Behind the Multifamily Industry: What It Really Takes to Manage and Grow a Multifamily Business with Robin Kelley

    What does a day in the life of a commercial property manager actually look like? This week, Cory sits down with Robin Kelley, Partner at Groupe Denux, to talk about the operations, challenges, and rewards of managing some of Canada’s most recognizable buildings. From navigating tenant relationships to handling emergencies and long-term capital planning, Robin shares what goes into keeping commercial assets running smoothly, and profitably. How do major landlords approach property management? What separates a good manager from a great one? And why is this often-overlooked side of the business more important than ever in today’s market? Whether you're an owner, investor, or industry pro, this episode is packed with insights from the heart of the operation.

  17. 194

    VCREP #170 | Retail’s New Frontier: Why Investors are Shifting Gears in Commercial Real Estate with David Basche

    What’s driving the surge of investor interest in retail? Is industrial still the safe bet it once was? In this week’s episode, David Basche, President of Astria Properties, returns to share how his firm is expanding from industrial into retail projects and why certain markets like Vancouver Island and Alberta are catching their eye.From pre-leasing challenges to future development potential, David unpacks how evolving market dynamics, construction costs, and shifting tenant demands are reshaping opportunities in commercial real estate. Is retail the new darling of CRE? What’s behind the slowdown in industrial deals? And which regions might offer the best upside for investors in 2025 and beyond? Tune in for an insider’s perspective on where smart money is headed next.

  18. 193

    REPOST: VCREP #117: Revitalizing the Office Class with Dan Smith

    Disclaimer: This podcast was originally recorded and aired in November 2023Join Cory and Melisa in this engaging conversation with Dan Smith, the driving force behind commercial leasing at Reliance Properties. In this episode, Dan takes center stage to delve into the pulse of the current commercial real estate market.Tune in to discover Dan's insights into the potential resurgence of the office asset class. Gain a comprehensive understanding of the factors driving this anticipated comeback and the reasons behind the shift. Don't miss out on this discussion with Dan Smith! Let's go!

  19. 192

    VCREP #169 | Tee Time & Turnkey Deals: Unlocking the Business of Golf Courses, with Marianne DeCotiis

    Think golf courses are just for birdies and bogeys? Think again. In this episode, Marianne DeCotiis of William Wright Commercial joins Cory to unpack one of the most surprising sectors of commercial real estate: golf courses. From multi-million dollar land plays to resort-style development potential, Marianne shares why these sprawling green spaces are catching serious investor attention. What makes a course financially viable? Who’s buying them, and why? And how can a clubhouse become a revenue-generating machine even in the off-season? Whether you're a golfer, a developer, or just curious about this niche market, this episode is a hole-in-one.

  20. 191

    VCREP #168 | Carving Out a Slice of the Pizza Business, with Clay Spalding

    What happens when a hospitality pro ditches fine dining and goes all-in on sourdough? Clay Spalding, founder of Wild Flour Pizza Co., joins the show to share how he turned a pandemic pivot into one of Metro Vancouver’s fastest-growing pizza concepts. From creating the menu to managing sky-high demand on delivery apps, Clay dishes on what sets Wild Flour apart and why crafting great pizza is only half the battle.Why is sourdough a bold (and complex) choice for high-volume pizza? How did COVID reshape customer habits? And why is finding retail space for a pizzeria more competitive than ever? Grab a slice of insight and join us for a fresh take on what it takes to build a standout food brand.

  21. 190

    VCREP #167 | Opening a Restaurant? What Every Operator Gets Wrong About Build-Outs with Raffael Merola

    In this episode, Raffael Merola, Principal at Merola Construction, joins Cory and Adam to break down the realities behind restaurant and retail build-outs. From permitting pitfalls to HVAC nightmares, Raf shares hard-earned advice that could save months of delays and tens of thousands of dollarsHow long does it really take to open a restaurant? What are the most common and costly mistakes tenants make during the TI process? And how has the design and construction landscape shifted in the age of delivery apps and evolving customer expectations? If you’re thinking of opening a restaurant, or representing someone who is, this episode is essential listening.

  22. 189

    VCREP #166 | Mid-Year Market Check: Lending Trends & Investment Insights with Alan Haigh

    As we hit the midpoint of 2025, where does the commercial lending market stand and where is it headed? Alan Haigh, Managing Partner at Impact Commercial, joins Cory and Adam this week to share expert insights on the complex forces shaping real estate finance today. How are interest rates evolving, and what do they signal for investors and developers? Which asset classes are attracting lender confidence, and which are struggling to adapt? And why are more investors turning their attention to Alberta and secondary markets? From rate expectations to deal structure trends, this episode offers a timely pulse check on commercial real estate lending across Western Canada.

  23. 188

    REPOST: VCREP #94: Why Nordstrom Left Canada with David Ian Gray of DIG360

    Disclaimer: This podcast was originally recorded and aired in April 2023Yet another major American retailer will exit Canada as the Nordstrom's brand is set to shutter eleven Canadian retail operations under two names operated by the American giant.This week Cory and Adam welcome to the show retail expert David Ian Gray of DIG 360 who is here to unwrap everything from how the retail environment has changed, why American big box brands haven't fared as well this side of the border and even touches into how technology has impacted the retail world and gives us his thoughts on why Nordstrom is pulling out …and his answer might catch you off guard.David also provides his insight into the post COVID retail landscape and why retail was on the decline prior to the pandemic. A true professional and expert in his craft, this is an episode that provides some much-needed answers to what is happening within the retail industry. 

  24. 187

    REPOST: VCREP #70 | How to Buy and Sell a Business with Chris van Vliet

    Disclaimer: This podcast was originally recorded and aired in September 2022People may or may not know that business sales and acquisitions fall under the commercial real estate umbrella.This week Cory and Matt welcome Chris van Vliet from William Wright Commercial's Fraser Valley office to break down how you buy or sell a small business. Chris talks us through the timelines, the conditions, and some things you need to be cautious of when navigating through the process.He also provides his insight on what businesses sell faster than others and exposes the lack of funding available through your traditional banking sector. If you own a small business or ever wanted to be your own boss, this is your episode. 

  25. 186

    REPOST: VCREP #35 | Staying On the Right Side of Commercial Real Estate Law with Tim Lack

    Disclaimer: This podcast was originally recorded and aired in January 2021Over the past 20 months, most industries have seen a lot of change and the law industry is no different when it comes to commercial real estate. This week, Cory and Matt welcome Tim Lack of Redpoint Law to discuss the ever-changing world of the legal side of commercial real estate. Tim shares his insight on how the pandemic has changed how commercial real estate is leased, sold, and financed. If you are looking to add to your portfolio, have space you need to find a tenant for, or are looking to expand your business into another leased space, this is an episode you don’t want to miss.

  26. 185

    VCREP #165 | Could a 1031 Exchange Fix Canada’s Real Estate Gridlock?

    This week Cory Wright welcomes back Rod McKay our newly appointed Team Lead at William Wright’s Vancouver office, here for a deep dive into the concept of the 1031 exchange and its potential impact on Canada’s commercial real estate market.Together, Cory and Rod unpack how this U.S.-style tax deferral strategy could unlock stagnant inventory, encourage reinvestment, and even support small businesses by allowing capital gains to be deferred - not forgiven. They explore real-world scenarios where deals are falling through due to tax burdens and explain how a Canadian version of the 1031 exchange could get buildings out of long-term holding patterns and back into productive use.Bonus: Hear how this policy might even help save Canada’s NHL franchises

  27. 184

    REPOST: VCREP #52: The Food App Industry Exposed with Amrit Maharaj

    Disclaimer: This podcast was originally recorded and aired in May 2022Ever find a great restaurant on your favourite food app, but then realize they don’t have a physical brick and mortar location you can enjoy?On the show this week, Cory and Matt welcome Amrit Maharaj, Chief Operating Officer of Coho Collective, who is here to break down what exactly a ghost kitchen is, why some of your favourite restaurants are getting in on the action, and how they have capitalized on the food app boom.As the demand for the food delivery market continues to grow, Coho Collective is looking to expand rapidly not only in BC but also across Canada and beyond. He unpacks the opportunity and the little start-up cost needed to open your first online ghost kitchen and take your culinary passion to the next level. After this episode you will never look at Doordash or Skip the Dishes the same way again.

  28. 183

    VCREP #164 | From Soil to Completion: Navigating the Development Process with Greg Mitchell

    This week Cory Wright invites Greg Mitchell, Director at GDM Consulting Group Ltd., to explore what it takes to bring a real estate development from raw land to a completed project.With over 15 years of experience in urban planning, project management, and real estate development, Greg shares insights into the full development cycle, discusses developer-friendly regions, and outlines how design, strategy, and process intersect to create successful outcomes.As a Registered Professional Planner with deep Vancouver roots, Greg brings a rare mix of technical expertise and creative vision. Whether it’s navigating regulatory hurdles or fostering stakeholder engagement, his approach is all about building better communities from the ground up.Tune in for a behind-the-scenes look at the development world and learn what makes a great project... and a great place to build.

  29. 182

    VCREP #163 | Building Beds and Sheds with Antony Sulentic of PC Urban

    Joining us today is Antony Sulentic, Acquisition Manager at PC Urban, to explore the exciting developments happening in the rental housing market. Antony brings his expertise to the table as we discuss the regions PC Urban is actively building in, the factors driving their decisions, and how their projects are addressing housing needs in today's dynamic real estate landscape.From emerging urban hubs to long-term community planning, this conversation offers valuable insights for investors, renters, and anyone curious about the future of purpose-built rentals in Canada.

  30. 181

    REPOST: VCREP #88 | How to Save $250,000 On Your New Commercial Purchase, with Conall Barr

    Disclaimer: This podcast was originally recorded and aired in March 2023When buyers spend millions on buildings there is one area some of them tend to skip… and that can end up being a very costly mistake.This week Cory and Matt welcome Conall Barr from CBarr Inspection, here to talk about the importance of a commercial building inspection before you remove subjects on your next purchase.Conall unwraps the many layers of a commercial inspection and how they can save a buyer hundreds of thousands of dollars in deferred maintenance costs. Conall also shares some of the best and worst situations he has seen which are always interesting, this is another great episode you do not want to miss, enjoy!

  31. 180

    VCREP #162 | Industrial Insights & Market Moves: A Conversation with Eric Aderneck

    This week Cory Wright and Melissa Moretti interviewed industrial lands planning expert Eric Aderneck for an insightful discussion on the industrial real estate sector. From politics to tariffs, Eric provides a unique bird’s-eye view of what's shaping the industry today.Despite the uncertainties in the market, we unpack how end users are still making moves, with properties priced right selling quickly. Tune in for this engaging conversation on industrial real estate, market trends, and the latest news!

  32. 179

    VCREP #161 | Commercial Insurance Misconceptions with Doug O'Dwyer

    Ever find yourself questioning what types of commercial insurance you really need—or even why your premiums seem so high? Or maybe you've wondered why your landlord is requiring you to carry a certain amount of coverage?These are common concerns for business owners navigating the world of commercial real estate insurance. In today’s discussion, Cory is joined by Doug O'Dwyer from Axis Insurance to clear up the confusion and shed light on some of the most common misconceptions surrounding commercial property insurance.Together, they’ll break down the different types of coverage, explain why costs fluctuate, and offer insights into the factors that influence your policy requirements. If you've ever felt unsure about what you need or why, this conversation is for you!  

  33. 178

    VCREP #160 | 2025 Economic Thoughts With Doug Porter (Recapped by Rod Mackay)

    The long lost missing recording of Doug Porter, Chief Economist of BMO Canada, unwrapping the 2025 Outlook - recapped by Rod McKay.What does 2025 hold for political outcome, political uncertainty, interest rates and potentially the Real Estate market? Tune in and find out!

  34. 177

    VCREP #159 | How to Lower Your Commercial Property Taxes with Vance Leschuk

    This week Cory Wright is flying solo, but he’s bringing in a heavyweight guest to make up for it. Joining the show is Vance Leschuk, President of Add Vance Consulting, a leading expert in property tax appeals.Many commercial landlords assume property taxes are set in stone, but Vance breaks down how owners can challenge their assessments and potentially save thousands. In an economic climate filled with uncertainty with the tariff threats and shifting political landscapes. Understanding your options for reducing expenses is more critical than ever.This is an episode you can’t afford to miss!

  35. 176

    VCREP #158 | The Future of Sustainable Commercial Real Estate with Chris Kasianchuk

    This week Cory and Melissa invite Chris Kasianchuk, Vice President of Sustainability at Warrington PCI Management, to explore the growing impact of sustainability in Vancouver and Victoria’s commercial real estate markets.Chris unpacks the role of sustainability in reducing greenhouse gas emissions, the increasing demand for green buildings among tenants and investors, and the evolving regulatory landscape. They also discuss the business case for sustainable practices and why adapting to these changes is essential for long-term success.Tune in for expert insights on how sustainability is shaping the future of commercial real estate.

  36. 175

    REPOST: VCREP #3 | Bulletproof Leasing for Financial Success with Scott McInnes

    Disclaimer: This podcast was originally recorded and aired in May 2021Ever wonder how tenants and landlords coincide for 5, 10, or sometimes even 20 years together?Cory welcomes Scott McInnes founder of McInnes Law Group breaking down what a commercial lease is, how it applies to commercial real estate and how it differs from residential leases. Scott walks you through what you need to know whether you are looking to become a landlord, a tenant looking to open your first business and how COVID 19 has impacted commercial leases forever plus our best MLG 6-pack yet.........Mobb Deep anyone?If you have ever thought of investing in commercial real estate this is a must listen to episode. 

  37. 174

    VCREP #157 | Interest Rates, Tariffs & Market Insights with Jon Switzer

    This week, hosts Cory Wright and Adam Scalina welcome back fan-favorite guest Jon Switzer, Managing Partner at Impact Commercial, for another deep dive into the current commercial real estate lending landscape.Jon shares his insights on where interest rates are trending, the impact of the latest Bank of Canada rate cut, and what it means for investors. He also breaks down key market trends, the potential effects of capital gains tax changes, and the looming 25% Trump tariffs set to take effect.With commercial mortgage rates hitting two-year lows and key BC markets evolving rapidly, this episode is packed with valuable insights for anyone navigating the real estate space in 2025. Tune in!

  38. 173

    VCREP #156 | How Does Seattle Compare to Vancouver’s Real Estate Market?

    This week Cory Wright and co-host Adam Scalena sit down with industry experts Spencer Welton, Senior VP of Development at Grand Peaks, and Scott Glazebrook, Architect and Partner VP at Tiscareno to explore the changing landscape of Seattle’s real estate market. They dive into the evolving world of multifamily housing, urban planning, and the unique challenges faced by developers in the post-COVID era. With a spotlight on office-to-residential conversions, sustainable design practices, and the contrasting planning and rental markets between Seattle and Vancouver, this conversation provides key insights on how infrastructure investments and regulatory shifts are reshaping the future of urban living. Tune in for a deep dive into what’s next for Seattle’s development scene.  

  39. 172

    VCREP #155 | Is Nanaimo the Next Hotspot for Commercial Real Estate Investment in 2025?

    And we're back! To kick-off 2025, we’re joined by Santanna Portman, Senior Commercial Broker at William Wright Commercial’s Central Island office, to dive into the exciting investment opportunities emerging in Nanaimo for 2025.With its booming population, forward-thinking local government, and affordable market compared to Vancouver, Nanaimo is quickly becoming a hotspot for real estate investment. Santanna unpacks the key political and economic factors shaping the market, including potential tariffs and upcoming elections.Tune in as we explore Nanaimo’s growing appeal, the area’s untapped development potential, and why both local and out-of-province investors are increasingly turning their attention to this dynamic market.

  40. 171

    VCREP #154 | 2025 Commercial Real Estate Outlook: Trends, Predictions, and Hot Markets

    In this year-end episode of the Vancouver Commercial Real Estate Podcast, hosts Cory Wright and Adam Scalena dive into the 2025 commercial real estate landscape. They deliver an in-depth analysis of key asset classes—industrial, office, multifamily, and development land—sharing expert predictions and actionable insights.Reflecting on the lasting effects of the pandemic and other pivotal events, they explore emerging trends and highlight promising investment opportunities in markets like Nanaimo and Vancouver Island. They also tackle the challenges posed by current economic conditions and rising interest rates, offering strategies to navigate the year ahead.Don't miss this essential guide to the future of commercial real estate!

  41. 170

    VCREP #153 | Commercial Market Momentum Building into 2025 with Cory Wright

    Is the commercial real estate market finally turning a corner? The latter half of 2024 provides compelling clues. Founder & Managing Broker of William Wright Commercial Cory Wright sits down with Adam and Matt this week to dive deep into BC's ever-evolving commercial real estate landscape.From surprising activity levels across multiple asset classes to emerging opportunities, Cory breaks down how the market has transformed through recent interest rate challenges and what changing pricing & returns mean for investors in different markets across the province.Which BC markets offer the best investment opportunities right now? Are there deals to be found in new construction? And which major market might investors want to avoid in 2025? A critical take at a critical moment.

  42. 169

    VCREP #152 | 5 Secrets to Doubling Your Cash Position in Commercial Real Estate

    This week, hosts Cory and Melissa dive deep into the strategies that can transform your commercial real estate investments. Building on the massive success of last year’s holiday-themed episode, they’re delivering the ultimate gift: a step-by-step guide to doubling your cash position in commercial real estate.Cory breaks down how to identify markets with robust population and industry growth, understand lease rates and vacancy trends, and why short-term leases and current market cap rates are essential for mitigating risk. Together, Cory and Melissa highlight top BC markets like Kelowna, Nanaimo, and Vernon, where these strategies are making a significant impact.Don't miss this episode packed with actionable insights and valuable advice to elevate your real estate game!

  43. 168

    VCREP #151 | Capital Gains, Taxes, and the Changing Face of Development with Derick Fluker

    This week, Cory and Adam are joined by Derick Fluker, Senior Vice President of Acquisitions & Asset Management at Wesgroup Properties, to tackle a pressing issue in real estate development: how rising costs and taxes are reshaping decisions for developers.In this insightful episode, Derick dives into how changes in capital gains inclusion rates, Metro Vancouver’s fee increases, and shifting market dynamics are influencing whether developers hold onto income-generating properties like shopping centers or pursue new housing developments. Through real-world case studies, Derick illustrates the tough decisions developers face, like choosing between a multi-tower residential project or maintaining a grocery-anchored shopping center.If you’re curious about the complex relationship between policy, taxes, and housing supply, then this is a must-listen conversation.

  44. 167

    VCREP #150 | Top 5 Canadian Cities to Invest In for 2025 with Rod McKay

    It’s that time of year again! Cory and Melissa welcome back VCREP regular Rod McKay for their annual rundown of Canada’s top cities to invest in for the coming year. With years of experience and an insider's perspective, Rod brings his seasoned insights to reveal the hottest markets for 2025. Whether you're a seasoned investor or just keeping an eye on trends, this episode is your go-to guide for smart real estate investments across the country. Don’t miss it!

  45. 166

    VCREP #149 | 5 Canadian Real Estate Markets to Watch in 2025 with Peter Mitham

    This week on VCREP, Cory sits down with Peter Mitham, Editor of Western Investor, to spotlight five promising Canadian real estate markets that investors should have on their radar.With decades of experience covering commercial real estate, economic trends, and business insights, Peter shares his expert analysis on key markets across the country and what makes each one worth watching.This episode is packed with valuable takeaways for anyone in commercial real estate. Tune in!

  46. 165

    VCREP #148 | Economic Reflections with Patrick Wood

    In this episode of VCREP, Cory and Melissa welcome back Patrick Wood from William Wright's Victoria office. Known as William Wright’s unofficial in-house economist, Patrick brings his analytical prowess to the table, diving deep into the recent interest rate changes and what they mean for BC’s real estate landscape.Tune in as Patrick breaks down how these shifts could impact investment strategies, property values, and the overall market outlook for 2024, this episode offers valuable insights into navigating real estate in a fluctuating rate environment. Tune in! 

  47. 164

    VCREP #147 | Navigating BC's Industrial Boom with Cameron Archer of Orion Construction

    This week, Cory and Melissa welcome back Cameron Archer, Director of Sales and Marketing at Orion Construction. Cameron returns to dive into the latest trends and developments in the industrial sector across British Columbia. From the challenges of the current market to emerging opportunities, Cameron shares valuable insights on what’s driving the industrial landscape in BC. Whether you're an investor or just curious about the future of industrial real estate, this episode is packed with must-know information!

  48. 163

    VCREP #146 | Uncovering Okanagan’s Best Investment Secret with Shelby Kostyshen & Nick Renton

    This week, Cory and Melissa are joined by Shelby Kostyshen and Nick Renton from William Wright Commercial in Kelowna. With Shelby’s expertise in commercial sales and leasing and Nick’s background in credit and investment, they dive deep into the industrial real estate market in the Okanagan.Tune in as they discuss key opportunities, uncover the best value for industrial assets, and share insights on how the market is performing. If you’re looking to invest in Okanagan's industrial sector, this is an episode you won’t want to miss!

  49. 162

    VCREP #145 | Is the Industrial Market Coming Back? with Rain City’s Andrew Laurie & Brett Jeffrey

    This week, Cory and Adam are joined by Andrew Laurie and Brett Jeffrey from Rain City Industrial, Western Canada’s premier design-build firm for industrial workspaces. Specializing in warehouse and distribution, cold storage, manufacturing, life sciences, and agritech, Rain City Industrial delivers tailored workspace solutions.In this episode, Andrew and Brett dive into the industrial asset market, exploring cold storage and processing sectors, and discussing how the market is performing. Tune in to gain insights on the current trends and opportunities in industrial real estate!

  50. 161

    VCREP #144 | Will Coworking Offices Survive? with Kane Willmott, CEO of iQ Offices

    This week, Cory and Melissa sit down with Kane Willmott, CEO & Co-Founder of iQ Offices, Canada's leader in coworking and serviced office solutions.Kane shares his expert insights on how the coworking landscape has evolved, the significant shifts before and after the pandemic, and where the industry is headed. This episode offers a deep dive into the future of flexible workspaces across Canada. Don’t miss it!

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ABOUT THIS SHOW

Imagine you are friends with hundreds of commercial real estate investors, developers, economists and urban planners in Vancouver. Now imagine you can grab a coffee with each of them and casually chat about failures, successes, motivations, lessons learned and even their best investment advice. This plus the nuts and bolts of Commercial Real Estate - that’s what we’re aiming for with the Vancouver Commercial Real Estate Podcast!

HOSTED BY

Cory Wright

CATEGORIES

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