Buying for your business or your investment portfolio? We help you compare commercial opportunities across Vancouver, the Lower Mainland and the Fraser Valley, with your goals at the centre of the search.
A useful search begins with what the property needs to do for you.
Define location, space, access and timing.
Discuss your budget and financing preparation.
Separate essential requirements from preferences.
Compare the details
Look beyond the listing photos and asking price.
Coordinate tours and property information.
Review current tenancy and available income information.
Identify questions for lenders, inspectors and other advisers.
Move forward with a plan
Keep the offer and investigation process organized.
Discuss offer terms and conditions.
Coordinate information requests and key dates.
Stay in communication through the steps toward completion.
A useful perspective
Buying for your business or for income?
An owner-occupier may prioritize access, layout and room to grow. An investor may focus on tenancy, expenses and future leasing potential. Tell us which objective matters most so we can shape the search around it.
Good questions. Clear next steps.
Before your next move.
What should I prepare before searching?
Bring your preferred areas, approximate budget, target size and timeline. If you are buying for your business, include your intended use, parking, loading and power requirements.
What does due diligence mean?
It is the investigation of a property before you commit on the agreed terms. The questions may cover condition, permitted use, tenancy, financing and other matters specific to the property. Your professional advisers help determine the appropriate checks.
Can a property suit my business but still need work?
Yes. Layout, equipment, accessibility and fit-out requirements deserve attention early. We help identify questions for the appropriate specialists so you can consider the space alongside the work it may require.
Sell · Commercial Real Estate
Present your property with purpose.
A thoughtful sale starts with your objectives. We help commercial property owners prepare, position and market their properties across Vancouver, the Lower Mainland and the Fraser Valley.
Build the strategy around the property and your plans.
Discuss timing, priorities and current occupancy.
Review relevant listings and completed sales.
Identify the information buyers will need.
Prepare for the market
Give buyers a clear, useful picture of the opportunity.
Organize property details and supporting documents.
Plan presentation, photography and listing material.
Agree on pricing and a marketing approach.
Manage the conversation
Keep inquiries and negotiations moving with clear communication.
Coordinate viewings and information requests.
Review offers beyond the headline price.
Track conditions and next steps with your advisers.
A useful perspective
The strongest offer is about more than price.
Timing, conditions and the proposed path to completion can matter alongside the offer amount. We help you compare the whole proposal against what you want to achieve.
Good questions. Clear next steps.
Before your next move.
What information should I have ready?
Start with the property address, size, current use, occupancy and your ideal timing. For an income property, available leases, rent information and operating expenses can help buyers understand the opportunity.
Should I make improvements before selling?
Start with a conversation before committing to work. The right preparation depends on the property, likely buyers and your budget. We can discuss presentation priorities and where specialist advice may be useful.
How will we decide on an asking price?
We discuss comparable market activity, property characteristics, tenancy and your objectives. Asking prices are only one part of the picture; the strategy should also consider relevant completed transactions and current competition.
Investment & Development · Commercial Real Estate
See the opportunity. Understand the questions.
Whether you are evaluating an income property or a development site, we help organize the real estate side of your next move in Vancouver, the Lower Mainland and the Fraser Valley.
Discuss property type, location and investment priorities.
Review available tenancy, income and expense information.
Identify questions about vacancy, repairs and future leasing.
Development sites
Start with the site and the work needed to understand it.
Explore sites and potential land assemblies.
Consider access, existing improvements and surrounding uses.
Coordinate questions for planning, environmental and technical advisers.
Project positioning
Connect the property decision with the intended market.
Discuss the audience and proposed use.
Plan the sales or leasing approach.
Coordinate real estate support alongside your project team.
A useful perspective
Potential is a starting point, not an approval.
A listing description does not establish what can be built. Site-specific planning, servicing and technical questions need to be explored with the municipality and qualified advisers before relying on a development concept.
Good questions. Clear next steps.
Before your next move.
What is useful to share at the first meeting?
Tell us your preferred locations, property types, approximate budget, timeline and intended role. Let us know whether you are seeking existing income, space for a business or a development opportunity.
Why look closely at the tenancy?
Lease terms, renewal dates, occupancy and operating responsibilities help explain how an income property functions. We help organize the available information and questions for your review.
Can you help after identifying a site?
We can discuss project coordination, market positioning and sales or leasing support. The scope is agreed around your project, working alongside your planning, legal, financial and technical advisers.
Development Services · Commercial Real Estate
Practical support for your property project.
Bring your site requirements, project objectives and timeline. We will help identify the real estate support your project needs.
Define the audience, property story and information buyers need.
Presentation
Plan the listing material and marketing approach around your project.
Sales support
Coordinate inquiries, property information and the next steps for interested buyers.
Our Team
Local knowledge. Personal attention.
Commercial real estate is personal. Christopher Leung and Raymond Leung PREC work with buyers, sellers, landlords and tenants across Vancouver, the Lower Mainland and the Fraser Valley.
Christopher Leung, DULE
Commercial sales & leasing
Christopher brings a practical, analytical approach to property decisions. He holds a Diploma in Urban Land Economics from UBC, specializing in Real Estate Development, with a focus on property evaluation, investment analysis, marketing and sales.
Whether you are comparing opportunities or preparing a property for the market, Christopher helps organize the information around your goals. His approach emphasizes clear communication, thoughtful preparation and the details that support your next decision.
Personal Real Estate Corporation · Commercial real estate & development
Raymond works with investors, developers and property owners on commercial transactions. His experience spans development sites, industrial properties, shopping centres and other investment properties, bringing a broad perspective to each property's potential and market position.
He helps clients connect their investment or development objectives with the real estate decisions ahead. Raymond's individual recognition includes first place in the RE/MAX Western Canada Commercial Division in 2015 and the RE/MAX Circle of Legends career award.
Clarify whether you are considering a sale or lease.
Discuss timing and presentation priorities.
Identify further documents or specialist input needed.
A useful perspective
Useful information makes for a better conversation.
An address is a good start. Floor plans, available leases, income and expense records, and details of recent improvements can help us understand the property more fully. Share what you have; we can discuss what else would be useful.
Good questions. Clear next steps.
Before your next move.
What should I submit?
Provide the property address, current use, approximate size and whether you are considering selling or leasing. Add your timeline and any other details you would like us to consider.
Is this a formal appraisal?
This is an initial market-position discussion with our real estate team. If you need a formal appraisal for a lender, tax matter or another specific purpose, tell us so that the appropriate professional can be involved.
Can we discuss a property that is currently leased?
Yes. Let us know its occupancy and the documents available. Tenancy details can be relevant to a sale or leasing strategy. Avoid sending confidential tenant information through the initial enquiry form.
Commercial Leasing
The right space. The right leasing plan.
Looking for a place to grow your business, or a tenant for your property? We help tenants and landlords navigate commercial leasing across Vancouver, the Lower Mainland and the Fraser Valley.
A leasing strategy starts with the space and the tenants it can serve. We help present your property's strengths and manage the path from inquiry to agreement.
Review the property, asking terms and target tenants.
Prepare a focused listing and marketing approach.
Coordinate inquiries, tours and prospective tenant information.
Support lease negotiations and communication through the process.
Two spaces with the same base rent can have different total costs. Ask what is included, which expenses are additional, and how costs may change during the term. Fit-out, moving and utilities also belong in your budget.
Leasing, explained
A few terms worth knowing.
Base rent & additional rent
Base rent is the charge for occupying the space. Additional rent covers other costs assigned to you by the lease, which may include property taxes, insurance and shared maintenance. Check exactly what is included.
Triple net (NNN)
A lease structure where the tenant typically pays base rent plus a share of property taxes, insurance and operating or maintenance costs. The lease defines the actual responsibilities.
Tenant improvements
Changes that adapt a space for your business. A landlord may negotiate a contribution toward the work; confirm the amount, approvals, payment conditions and who owns the improvements.
Renewal options
An option may allow you to extend the lease under specified conditions. Notice deadlines and the method for setting the new rent matter—renewal is not automatic.
General information only. Your lease wording determines your obligations; review it with your legal adviser before signing.
A conversation is a good place to start.
Your next move. Our full attention.
Tell us what you are working toward. Christopher Leung and Raymond Leung PREC help you buy, sell and lease across Vancouver, the Lower Mainland and the Fraser Valley.
A first home, a little more space or a new neighbourhood. Explore homes across Vancouver, the Lower Mainland and the Fraser Valley, with personal support from Christopher Leung and Raymond Leung PREC.
Tell us about your commute, preferred neighbourhoods, space needs and budget. We help focus the search, coordinate viewings and keep your next steps clear.
Market updates · Published September 30, 2026 · Reporting period: Q2 2026 · Leung Real Estate Group
Metro Vancouver industrial property: reading the Q2 2026 market
Availability and asking rents do not always move in the same direction. A regional report is a starting point for a decision—not a valuation of your property or a quote for your next lease.
What the report says
CBRE’s Vancouver Industrial Figures Q2 2026, published July 28, reported a quarterly decline in availability of 20 basis points and in vacancy of 10 basis points. Average asking rent was $19.14 per square foot, down 3.9% from a year earlier. The report linked the improvement in availability largely to leasing of spaces between 50,000 and 100,000 square feet.
Read the original CBRE Q2 2026 report. These are that report’s regional figures and reporting period, not September transaction results. They should not be treated as the rent achievable for an individual unit.
How can availability fall while asking rents soften?
These measurements answer different questions. Availability describes marketed supply; asking rent describes the prices being advertised. Vacancy focuses on unoccupied space. Changes in which properties are on the market can also affect an average.
One possible interpretation is that leasing activity improves while owners continue adjusting price expectations. That is an interpretation, not proof of the reason for any individual transaction. Asking rents also do not tell you the final negotiated rent, incentives or other lease terms.
Compare like with like: the same source, geography, property segment and time period. A regional result driven by large spaces does not automatically describe a smaller strata warehouse in Coquitlam, Surrey or Langley.
For owners and landlords: check your competition
Before changing a price or lease rate, assemble the properties an actual buyer or tenant would consider alongside yours. Separate asking terms from completed deals, and record differences in loading, size, condition, access, power and permitted use.
For a leasing decision, compare the total proposal: rent, preparation work, incentives, term and obligations. A suitable tenant and workable lease structure can matter as much as the advertised rate. For a sale, look at the property’s income, occupancy, condition and buyer demand rather than applying a regional rent movement directly to its value.
A useful question is: what makes this property easier or harder to occupy than the alternatives available today?
For buyers and tenants: compare usable space
Write down the requirements your business cannot compromise on before touring. A lower quoted cost is less helpful if a property needs extensive work or cannot support the intended operation. Verify use, loading arrangements, access, utilities and any approvals needed before assuming the space will work.
Compare the cost of being operational, including preparation and ongoing expenses, rather than rent or purchase price alone. Keep financing assumptions separate from confirmed terms and allow the property investigation to shape the offer.
Turn the market update into a property-specific check
Define the size, location and building features that matter.
Identify competing properties and relevant completed transactions.
Compare the full financial terms and required work.
Identify unanswered questions and obtain current evidence.
Choose whether to proceed, adjust the terms or keep looking.
The purpose of a market update is to sharpen those questions. It does not replace a current assessment of the property in front of you.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.