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Royal LePage Kelowna Commercial
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Royal Lepage Kelowna Commercial Division


Royal Lepage Kelowna Commercial is built on relationships, trust & performance.

With a black and white, direct approach to your commercial real estate success, we are passionate about creating strategic growth opportunities for our clients in some of Canada's most attractive markets.

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Properties

For Sale or Lease

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STRATOSPHERE BY BEEDIE

Kelowna, BC

For Sale

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INTRAURBAN MCCARTHY

Kelowna, BC

For Sale

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121 5TH AVENUE

Kamloops, BC

For Sale

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565 BERNARD AVENUE

Kelowna, BC

For Lease

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2544 ENTERPRISE WAY

Kelowna, BC

For Lease

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300 - 1674 BERTRAM ST

Kelowna, BC

For Lease

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Property Showcase

SOLD | 0.83 ACRE INDUSTRIAL PROPERTY


We are pleased to announce the sale of 354 Totom Avenue on behalf of T&A Rock Works. This sale follows T&A's successful relocation of their business operations to 3334 Sexsmith Road. This relocation and disposition was driven by the requirement to secure more space to accommodate T&A's growth in the Okanagan.

Sold by Meghan Cortese



Property Showcase

SOLD | THE LARGEST SINGLE APARTMENT BUILDING TRANSACTION IN THE HISTORY OF THE BC INTERIOR MARKET


On behalf of our client and the Vendor, Kerkhoff: Develop-Build, Peter Gibson and Steve Laursen of Cushman & Wakefield (“C&W”) and Royal LePage Kelowna Commercial were rewarded with the opportunity to exclusively market Knox Village, an under construction collection of 238 suites located beside Knox mountain park 7 minutes from downtown Kelowna. Knox Village offers a gym, underground parking, and an abundance of green space at your door.

Knox Village located at 1420, 1430, 1440 and 1450 Cara Glen Court, Kelowna BC is currently under construction by Kerkhoff: Develop-Build with phase 1 expected completion in spring 2023. Knox Village will feature 28 – studio, 90 - 1 bedroom, 104 - 2 bedroom and 16 - 3 bedroom apartments. The purchase price is $86,500,000 ($363,500 per suite) representing the largest single apartment building transaction in the history of the BC Interior market.

Sold by Steve Laursen



Property Showcase

SOLD | INTERIOR BC APARTMENT PORTFOLIO


On behalf of our client and the Vendor Skyline Apartment REIT Skyline Group of Companies, Royal Lepage Kelowna Commercial, and Cushman & Wakefield are pleased to announce the successful sale of the Interior BC Apartment Portfolio to the Purchaser All Island Equity REIT for a price of $44,750,000.  The Portfolio is a premier multi-family rental apartment portfolio comprised of 212 units over five renovated rental buildings strategically located in Kelowna and Penticton.

Sold by Steve Laursen



Property Showcase

SOLD | 1674 BERTRAM STREET


Pleased to announce the sale of 1674 Bertram Street. Three storey office building on approximately half an acre Downtown, with AAA tenants in place including Canadian Western Bank, Farm Credit Canada, Decisive Dividend Corp & Glazer Polley Law.

Not only was this transaction a successful disposition for the seller, but the buyer has also already realized value upside in the advance of completion, while positioning themselves with another strategic asset in the Kelowna market.

Sold by Meghan Cortese



Property Showcase

SOLD | 1305 INDUSTRIAL ROAD


On behalf of our client we are pleased to announce the sale of 1305 Industrial Road in West Kelowna. Two industrial buildings totaling 27,815 SF (9,400 SF and 18,415 SF) on 1.853 Acres. This property is situated in West Kelowna's Business Park, just 5 minutes from the bridge, with over 180 feet of prime frontage and exposure to Hwy 97. The property features fenced outdoor yard space and ample parking.

Sold by Meghan Cortese in collaboration with Lindsey Termul of HM Commercial



Property Showcase

SOLD OUT | POWERHOUSE


Powerhouse is one of Kelowna's newest most innovative business centres located in the heart of entertainment, services, and recreation in the downtown area.

HIGHIGHTS ||
- 56,167 SF Industrial-flex strata development
- 20 Ground floor units with mezzanine
- 13 Office units on third floor

Exclusively listed and sold by Steve Laursen



Property Showcase

SOLD | PROXIMA URBAN HOMES


Pleased to announce the successful sale of Proxima Urban Homes located at 1229 Richter Street, Kelowna, British Columbia. Proxima is a brand new 4-storey, wood frame residential building featuring 59-apartments and townhomes. The rental suites feature high-end, condominium-style finishes and large exterior balconies. Residents will enjoy amenities such as a rooftop patio with barbecues, a picnic area, and ample landscaped green space, and a fitness centre. The Property was developed by Kerkhoff Construction and sold to CAPREIT

Sale Price || $29,500,000

Sale $/Suite || $500,000

Sale Date || January 2022

Sold by Steve Laursen



Property Showcase

SOLD | 184 ADAMS ROAD


We are pleased to announce the sale of 184 Adams Road. Located in Kelowna's most sought after Industrial area and stragetically located with convenient acess to Highway 97 via multiple controlled intersections.

184 Adams Road is a high calibar brick building on approximately 1 acre. All 8 strata lots associated with the property were included in the sale, providing security and flexibility in the investment.

Reddee Properties, a Saskatchewan based company aquired this property fully leased with secure cashflow from multiple tenancies.

Sold by Meghan Cortese



$1

Billion + in sales

Over 2

million sq.ft. in tenant/landlord representation

Top 1%

of sales at Royal LePage annually

#1

in commercial and residential sales at Royal LePage Canada in 2021

Royal LePage Kelowna Commercial

office@rlkcommercial.com


Copyright © Royal LePage Kelowna Commercial 2023. All rights reserved. Website by Star Graphic Design.

Real Estate Services
  • Industrial Sales
  • Office Sales
  • Retail Sales/Leasing
  • Land Sales
  • Investment Transactions
Serving the Okanagan
  • Kelowna
  • Kamloops
  • Penticton
  • Vernon
  • Lake Country

Copyright © Royal LePage Kelowna Commercial 2023. All rights reserved. Website by Star Graphic Design.