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Marcus and Millichap Selects Vancouver as Its Next Venture
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(Posted on Mar 11, 2016 at 07:49PM by Michelle Bogle)
Marcus & Millichap, a leading commercial real estate investment services firm in the United States and Canada, has recently selected Vancouver, British Columbia, as its next venture.
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Steered by Rene Palsenbarg, Regional Manager at Marcus & Millichap, the newly opened Vancouver office provides real estate investment sales, research information and advisory services for a variety of commercial real estate assets. This includes multifamily, retail, office, industrial, single-tenant net-lease, self-storage, seniors housing, manufactured homes, hospitality, land and special assets – all within the municipality of Vancouver.
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Expanding into the active Vancouver marketplace was a natural choice for Marcus & Millichap. As the eighth-largest Canadian city, Vancouver boasts a dense population of 603,502 people (according to 2011 census data). Located on the coastal seaport of the province’s mainland, Vancouver is also one of the most culturally and linguistically diverse cities in the country. In fact, 52% of its residents have a first language other than English and 17% speak Chinese.Â
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Established on First Nations land and built-up by immigrants, Vancouver has achieved prosperity through worldwide trade. Today, as the city continues to achieve growth through office developments, industrial technology and foreign real estate investments, Vancouver remains a highly attractive market for local and international investors alike.
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To learn more about investing into Vancouver’s growing commercial real estate market, please contact our team of skilled brokers for details.Â
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