Simon Lim

Market updates have moved!

tanya — Thu, 26 Apr 2012 01:02:41 +0000

We have shifted the market information component of this site over to our new site: Vancouvermarket.ca.

Please visit us for updates on what’s happening in investment and development in Metro Vancouver!

SOLD: Seylynn Village, North Vancouver

tanya — Fri, 16 Dec 2011 23:51:01 +0000

Colliers has acted on behalf of the Vendor in the sale of Seylynn Village, a 5.0 acre high-density development site in the Lower Lynn area of North Vancouver.

For further information about this sale, please contact us.

SOLD: 310 East 2nd Avenue, Vancouver

tanya — Tue, 15 Nov 2011 15:47:05 +0000

Property Highlights

Rare opportunity to purchase approximately 13,000 square foot site in a prime location
High exposure corner site with frontage on East 2nd Avenue and Scotia Street
Located within a rapidly growing area of Vancouver
Excellent views of Downtown Vancouver and the North Shore Mountains
Located just minutes from the Great Northern Way Campus

Location: The property is situated on the southeast corner of East 2nd Avenue and Scotia Street in the Mount Pleasant neighbourhood.

Improvements: The property is improved with a 7,121 SF automotive
repair building constructed in 1985.

Zoning: IC-3

Gross Income: $96,000/year

FOR SALE: 850 SW Marine Drive

tanya — Wed, 05 Oct 2011 12:15:36 +0000

Colliers is pleased to present for sale 850 SW Marine Drive, a high exposure investment property located in South Vancouver. This is the Vancouver Honda building and adjacent lands.

Rare high exposure property along Marine Drive corridor
2.1 acre site with over 460 feet of frontage on SW Marine Drive
Central and highly accessible location coveted by owner/users and retail tenants
Improvements include 2-storey, 45,621 square foot auto retail building occupied by Vancouver Honda
Walking distance to Marine Drive Canada Line Station
5 minute drive to Vancouver International Airport

Municipal Address
850 Southwest Marine Drive, Vancouver, BC.
Site Area
92,615 SF (2.12 acres) 25% site coverage
Frontage
460.5 feet on Marine Drive, 201.12 feet on Laurel Street
Improvements
The property is currently improved with a 45,621 SF, two-storey and basement structure being used as a car dealership and repair shop by Vancouver Honda. Initially constructed in 1975 with further upgrades in 1987, 1991 and most recently 2003.
Location
The site is located on the Southwest corner of Southwest Marine Drive and Laurel Street in the Marpole area of Vancouver.
Zoning & Density
I-2 – Industrial

For more information, contact Simon Lim @ simon.lim@colliers.com.

SOLD: 2290 Main Street, Vancouver

tanya — Mon, 19 Sep 2011 11:25:38 +0000

Simon Lim, Ted Mildon & Matt Saunders of Colliers International are pleased to have acted in the sale of 2290 Main Street, Vancouver, B.C. The property was sold to a local private investor.

The property is 17,240 sq ft in size.

2290 Main Street is a development opportunity well positioned on the top of the hill in Mount Pleasant on the northeast corner of Main Street and East 7th Avenue and currently offers moderate holding income from a used car dealership.

SOLD: Eagleridge Place, Coquitlam

tanya — Thu, 15 Sep 2011 13:34:19 +0000

Simon Lim, David Taylor & Sheldon Scott of Colliers International are pleased to have acted in the sale of Eagleridge Place, Coquitlam, B.C.

The property, located at 2635 Barnet Highway, is a 41,951 SF retail plaza featuring strong tenants: Tim Hortons, Club 16/She’s Fit, Panago Pizza, Lordco Auto Parts and Tom Lee Music.

The purchase price was $11,500,000, or $274 per sq ft. The purchaser was a local private investor.

FOR SALE: 8700 & 8790 Boundary Road

tanya — Wed, 03 Aug 2011 14:36:05 +0000

Burnaby Gateway Development Opportunity

Rare 4-acre site in prime location
High exposure corner site with frontage on Boundary Road and Marine Way
Official Community Plan allows mix of retail, commercial, office and light industrial uses
Immediately adjacent new residential community
Asking Price $11,000,000

For more details, contact Simon Lim, 604-692-1402 or simon.lim@colliers.com.

SOLD: Duck Island, Richmond, B.C.

tanya — Mon, 13 Jun 2011 15:32:55 +0000

Simon Lim and John Boer of Colliers International are pleased to have acted in the sale of Duck Island in Richmond, B.C.

Duck Island is a high exposure, 18.8 acre mixed-use development site that presents a unique opportunity to develop a significant landmark concept adjacent the River Rock Casino Resort and transit hub, and to form a significant part of Richmond’s rapidly evolving City Centre. The site is designated as Urban Centre T5 within the City of Richmond’s City Centre Area Plan.

The total sale price was $34,000,000, representing $1,806,000 per acre.

New Listing: #200 – 7900 Westminster Hwy

Nelson Chung — Fri, 08 Jan 2010 21:10:48 +0000

Simon and I have listed the Restaurant property at #200 – 7900 Westminster Highway on the corner of Westminster Highway and No. 3 Road at Three West Centre in Richmond. This intersection is one of the busiest in Richmond’s City Centre, and has very high exposure from both foot and vehicle traffic. The site features 11,915 square feet of leaseable area and ample parking.

The property features an attractive cap rate and solid tenant. Please contact Simon or I if you wish to receive more information on the property.

For Sale/Lease 22091 Fraserwood Way, Richmond

Nelson Chung — Wed, 02 Dec 2009 17:51:09 +0000

Nelson Chung and Don Viner have just listed a 12-unit strata industrial building in Richmond, BC. The building is located at 22091 Fraserwood Way, near the Queensborough area. The building features 8 Industrial Front-Grade loading strata units and 4 single-floor office end units. If you are in the market for an industrial/office in East Richmond, please give us a call!

For more information click here.

Recent Sales and Listings

Nelson Chung — Tue, 24 Nov 2009 20:49:10 +0000

As many of you know already, the highly publicized Langara Gardens multi-family property deal has closed. Congratulations to Simon Lim and Avtar Bains on selling the property.

Simon and Morgan have also listed a development site in North Vancouver on Marine Drive. Make sure to check that one out if you are in the market for a large development property in a major commercial corridor in North Vancouver.

Apartment Owners Can’t Ignore the Internet

Nelson Chung — Wed, 09 Sep 2009 17:51:13 +0000

I read a very interesting article from the Homes101 Website this morning… this article touches on many of the aspects of Internet Marketing and communication that Apartment Owners in particular should be aware of. The power of the internet is no longer something that can be ignored, and should be harnessed by Apartment Owners and Managers. Additionally, landlords need to be aware that complaints and statements from current and past tenants can tarnish the image of your building. This may be important as well when considering the purchase of a prospective property.

There are many different advertising avenues that can be taken. The most obvious of which is Craigslist, but the list goes on. Craigslist is most useful when your property is located in a large urban area. In addition to Craigslist and other classifieds services, opening a website may also be cost-effective for landlords that have larger multi-family buildings. This allows you to showcase your property on the internet with numerous photos and descriptions of amenities.

Some things to watch out for:
Negative posts and comments. There are numerous real estate and rental message boards and blogs out there where people complain about the management or condition of a property, and quite often these can be easily found. With use of the internet getting more and more common each day, all of these factors become more important each day. There is even a bedbugs site that lists all apartment buildings and floors where tenants have reported bedbug infestations.

The internet is a place where you can market your apartment building cost-effectively and has substantial reach, but beware that the avenues for complaint are much more transparent to prospective renters.

Original Article Here:
http://www.homes101.net/news/n4741