Episodes
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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!
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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.
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Episodes manquant?
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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!
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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.
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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!
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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!
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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!
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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!
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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!
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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!
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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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This week, Cory and Melissa are joined by the Investapreneur himself, Peter Leung, to dive deep into the latest interest rate trends and how they impact the commercial real estate market. Peter shares his insights on why now is the time to invest in commercial properties, which markets are catching his eye, and where he sees the most potential for growth. If you're looking to make smart investment moves, this episode is packed with valuable advice! Tune in to discover where Peter would put his money next.
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We are back! This week Cory is joined by Al from Impact Commercial to unpack the recent interest rate drop and its impact on the real estate market. Al dives into how these changes are shaping the fall market, offering his expert insights on what investors and developers can expect in the coming months.
Tune in to hear Al's take on the future of rates, the opportunities they present, and how the real estate landscape might shift as we move into the new season. Level up!
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*Disclaimer: This podcast was originally recorded and aired in January 2022*
They’re back! Do you own a property with lots of equity that has built up over the years? Do you want to turn that equity into more properties without having to sell your property? This week, Cory and Matt ring in the New Year with Alan Haigh, managing partner of Impact Commercial Group, one of BC’s leaders in commercial mortgages.
Alan breaks down how you can tap into that equity and turn one property into a thriving commercial portfolio without having to sell your asset. Every expert in real estate uses the power of leverage to build their wealth, so if you own real estate, this is a must-listen episode with advice from one of the best in the business!
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*Disclaimer: This podcast was originally recorded and aired in November 2021*
Ever wonder what makes Surrey so attractive for both businesses and families? This week, Anita Huberman, President and CEO of the Surrey Board of Trade, joins Matt and Cory to discuss Canada’s next big major city and the driving forces behind it. If Surrey wasn’t on your list of places to invest in, it should be now after listening to this episode!
Anita breaks down all the economic drivers behind the massive growth of BC’s second largest city and what makes it attractive for so many developers. She also shares which areas of Surrey are next to boom that may not be at the forefront of the public eye just yet, which always makes for a great investment opportunity. Anita also shares some interesting stats when it comes to the age demographic of Surrey (hint: you haven’t yet missed the boat to invest in this booming city). Stats show that Surrey is on pace to become BC’s largest city or municipality by 2040. Whether you’re talking about industrial, office, retail or multifamily, Surrey is a place that should be high on everyone’s investment list!
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This week, Cory and Melissa welcome Nick Renton to the show for a comprehensive overview of the BC and Okanagan real estate markets. With over 13 years of experience in credit and investment within retail and business banking, Nick brings a wealth of knowledge to the discussion.
Nick, now with William Wright Commercial, leverages his extensive background to uncover real estate opportunities across the Okanagan and BC. His career includes managing significant investment and credit portfolios, supporting business development initiatives, and helping clients with property purchases, leasehold improvements, and equipment financing.
Tune in to gain valuable insights from Nick as he shares his expertise on the current state and future prospects of the BC and Okanagan real estate markets.
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This week, Cory and Matt welcome entrepreneur, author, and speaker Stephen Jagger to the show. Stephen's entrepreneurial journey began in 2000 with Combustion Hosting and continued with the successful launches of Ubertor Realtor Software, OutsourcingThingsDone.com, PayrollHero, and Instant Messaging Real Estate Corp.
Stephen shares his insights on revolutionizing the real estate industry to make homeownership accessible to everyone through addy
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VCREP #139 | The most influential development in the South Okanagan: Rocky Sethi on the transforming of Penticton's Innovation District
This week, Cory and Melissa welcome Rocky Sethi, Managing Director of Stryke Group, here to unpack a groundbreaking project near Penticton Regional Hospital, the Innovation District
Rocky reveals the ambitious vision for a master-planned, mixed-use community featuring up to 1500 homes, over 100,000 square feet of retail and office space, and other commercial uses. With an investment of $800M over the next decade, the project promises significant economic benefits, including hundreds of local jobs during construction and permanent positions upon completion.
Tune in to learn about the innovative community design focused on walkability, urban design, and supporting the local workforce, especially those working at the hospital and nearby businesses.
Rocky’s insights into this transformative development offer a glimpse into the future of urban planning and community building. Level up!
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*Disclaimer: This podcast was originally recorded and aired in June 2021*
Who has the dirtiest job in commercial real estate? Cory welcomes Shane Rigter from Next Environmental, a leader in environmental testing in the commercial real estate industry. When buying a commercial building or property, ever wonder how the soil can impact your purchasing decisions? Shane breaks down what this is all about and how federal and provincial regulations have impacted this part of the industry. All commercial land owners, and future land owners, need to grab a notepad, pull up a seat, and hear how the dirt below your feet can affect you buying the building above the surface.
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*Disclaimer: This podcast was originally recorded and aired in July 2022*
There's no secret that supply chain issues and inflation are having a direct impact on developers all around the world. In the studio this week, Cory and Adam welcome Jeff Kennedy from Troika Developments, one of Kelowna's most well-known builders, to discuss the challenges within the development industry and what the future looks like for developers, as well as breaking down some of the areas he is most excited about in BC's Interior.
Jeff also gives us insight into how developers would break down a purpose-built rental project vs. a strata site, along with the metrics behind the decision-making process. Not to mention, Jeff is one of the coolest guests we have had join us in 2022, so all things considered, this is another great episode you do not want to miss out on!
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