Introducing Frontline's New Partners & Office - Market Intelligence from the Frontline

INTRODUCING FRONTLINE'S NEW PARTNERS & OFFICE

2015 is off to an exciting start at Frontline. Not only do we have a brand new office but we are also welcoming two new equity partners; Owen Yates of Frontline Real Estate Services and Derek Senft of Pender West. Watch the video on youtube.

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NEWS FROM (BEHIND) THE FRONTLINE

Frontline Real Estate Services Ltd. adds two new owners following $100 million in 2014 sales. Frontline Real Estate Services Ltd. is pleased to announce that Mr. Owen Yates of Frontline and Mr. Derek Senft of Pender West Capital Partners Inc. and Tricor Pacific Founders Capital Inc. have joined Co-Founder Mr. Justin Mitchell as owners of the Company as part of a buy-out transaction that took place on January 23, 2015.... read the press release

Frontline Real Estate Services' new office is located at:

160 - 8621 201 Street
Langley, BC
V2Y 0G9

We invite you to come visit our new office and please update your database... view location on map

CURRENT EVENTS

It is with great pleasure that we announce that McBride Station is officially SOLD OUT! "South of the Fraser River, nestled in a small grove of trees on the edge of historic Fort Langley, you'll find a place where tradition meets modernity, where rural pleasures coexist alongside urban convenience, and where sophisticated small-town living is a reality." This mix proved to have great appeal to empty nesters, downsizers and families alike. "It was the perfect storm of location, quality homes, customization and a very hard working team" says Frontline's VP of Residential Project Marketing, Danielle Reed... read more

Watch: UDI Forecast 2015 Lunch. This year Brian McCauley of Concert Properties moderated the discussion with industry leaders Neil Chrystal of Polygon Homes, Kevin Layden of Wesbild Holdings and David Negrin of Aquilini Development. The informative presentations and Q&A gave the audience insight into the changing retail market, housing sales and immigration trends, the office construction boom, and the importance of working with First Nations groups... watch on youtube

2014 saw strata sales on the rise. Real estate developers who came to market in the past year selling rather than leasing commercial space are finding a receptive and steady market across Metro Vancouver.Strata commercial space has traditionally accounted for a fraction of the overall commercial market, but its popularity has been increasing over the past three years... read more

A top economic forecaster predicts Surrey will shine in the new national economic climate. "Surrey has a lot of things going well for it right now, with its population increase, location close to the border and affordability in terms of real estate," said Douglas Porter, chief economist and managing director for BMO Capital Markets... read more

Victoria`s Bay Centre has JUST SOLD to Manulife in what may turn out to be B.C.`s largest commercial real estate transaction of 2015.The mall is 407,000 sf and is over four-levels, occupying approximately three acres of land. The mall was previously owned by LaSalle Investment Management who purchased it from Cadillac Fairview in May of 2010 for $90 million... read more

Positive outlook for residential market in 2015 According to the Canadian Mortgage and Housing Corporation, the Vancouver real estate market is at "low-risk" for overvaluation. Between January and September of 2014, Vancouver saw price growth of 6.3%, on track with the increase in personal disposable income and long-term population growth... read more

Industrial deals, in the large-bay format, dominated 2014 with 13 deals in total, the most recorded in Metro Vancouver in the past five years. This trend is predicted to continue in 2015 with new product coming to market. Here are four industrial developments to watch this year according to Bisnow... read more

A 16,402 sf mixed-use development site located at 4453, 4463 & 4475 Hastings Street in Burnaby Heights JUST SOLD to Street Side Developments (BC) Ltd. for $5,150,000. The desirable corner location in "The Heights" has 160 feet of frontage on Hastings Street.

Sold by

The new Evergreen Line has already attracted office tower development to Port Moody. Once completed, the nine-storey office tower in Suter Brook Village will look over Inlet Centre station. The building located at 220 Brew St. will have 25,000 square feet of commercial space along with another 140,000 square feet of office space on the top eight floors... read more

Best cities for work in B.C. is a report from Business in Vancouver which includes data on 36 cities throughout the province, ranking them according to their job markets. The report also includes articles like "Why Metro Vancouver will always come out (almost) on top" as well as mapped income and population growth... read more

Lending rate cut has boosted the commercial real estate market, particularly in the multi-family rental sector, with further rate cuts predicted for March 4th... read more

A 166,775 sf warehouse in Gloucester Estates in Langley JUST SOLD to Manulife Financial. The property, located at 27475 58th Crescent, was sold for $22,000,000 ($132 psf) .

Urban churches are sitting on some of the priciest real estate in BC, and they're using it to their advantage. Churches are wisely making their land holdings work for them by partnering with developers to boost revenues and, in some cases, provide affordable housing.... read more

8,084 sf retail property located at 11855 224 Street in downtown Maple Ridge JUST SOLD to Khani (Maple Ridge) Holding Inc. The property was sold by Marco Investments Ltd. for $4,365,000 ($546 psf) .