B20 - Friday, November 30, 1984 - North Shore News

The market

- Tenant
control

IN THE 1960’s and 1970's with steady economic
growth, many cities grew at a predictable rate. This
made it easy tO project the next year’s and the next
five years’ demand for office space. The developer
and the landlord built and managed buildings in a
genérally balanced marketplace.

Then came the last half of
19S) with interest rates no
one’s bottom tine could with
Stand The result by
mid 1982, demand tor office
Space in most urban centres
in Canada had withered and,
for the first time in decades,
commercial vacaney rates
began to rise Many projects
committed to in the early
1980's were simply too tar
down the road to stop. The
glut was worst in Calgary
and near zero vacancy rate
quickly rose to 25%. The te-
nant was now in the driver's
seal.

What implications does
this scenario have for tenants
in October 1984? The answer
rm that they can play “‘Let’s

Make a Deal’? inp most
markets The tenant's
strength in bargaining will

depend on the amount of va-
cant space available in the
area and the tenant’s conve-
nant, size and desirability.
Having some mobility
within a city or between cities
will be advantageous. In
Toronto, your opportunity
for making the best deal tn
straight cost may come from
giving up a downtown loca-

926-7701

— (24hrs.)

BR PROP

New taotast » ro ‘ vet
vita

Mire a

Coote vO dert

ttt ie oy tee tay

pry viet tome e

wil Tests der ter hey

Mya me doade: twee Hoqrtriies: vat

MYRNA JOY 926 3976

DELUXE COLONIAL
OFFERS TO $269,000
SPECTACULAR VIEW

1320 CAMRIDGE AD
(MART WELL

MYANA JOY H20 In 0
GORDON WRIDE 826 25.2,

tion tor, say. a midtown loca-
tron such as Bloor Street
In choosing cries, the op

portunity to barter will be

better, for imstanee., on

Calgary than in Ottawa
However, caretully con

sider all the implications of
vhanping areas of cities, in
cluding transportation links,
impact on employees, prox-
rmity to chents and supphiers,
operating costs,  tetephone
capabilities of the local ex
change, and power supphes
Consider, too, how these
local factors and your re-
quirements may change over
the years

When vou have identified
prospective locations, we
recommend vou find a local
leasing agent who 1s there
every day and understands
the marketplace In leasing
this 1s particularly important
because comparables on lease
deals are extremely hard to
obtain

A good leasing agent ts
generally aware of what land-
lords and developers have
been offering His knowledge
of the market and of prospec-
tive buildings will help you to
choose the nght one.

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MYRNA JOY 926 3970
GORD WRIDE 926 2527
or 926 7701 (24 brs )

CLASSIFIED
REAL ESTATE.
FROM PAGE B2

Out-of-Town
°

Properties

ACREAGES
YY? aCtes 4 bdrm nore rer
gon swt

acces Stey Mate Sry 4 4
1 , rok road row
woe ee fr + HH

4 abtes 2ONed « acted 4 bart
Nouse $11uU.00C

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Vo actes + BOC sa tt Nome 44 1

SOM Dat $ISS DOG
~b view
$e 7 DOL

acres a dele fore

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Meet 4h tho bn S $e oun

4
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. . . . .

4s acte * 600 sa tf nome  oterk
frou trees very fiivate $59 BO

BO aves eal Uledd wew creek
excellent fulure potential

2 ates future * jot subd:
Sroe prime ioc ator $74 GOU
Terry Brackett 885 4865 Tres oF
bu 17931 toll tree Mitten Realty
Lid Secnen - a
Industrial
Commercial
Investment

NEAR NEW COMM BLDG _
Puced at $275 000 3 offices

Stores fully leased Net approx

$25 YOO Detans with Hugh Smith

YBO 5836

SUSSEX REALTY CORP

984-9711 7

Real Estate

Wanted

WANTED to purchase 3. bdim

house fownhouse of duplex 664

2084 _

E

OPEN SUN 2 T0 4
5319 MALASPINA PLACE, NORTH VANCOUVER
New listing in popular executive area! Three super levels with sunken L/R, rats:
ed D/R, Fam Rm, off kitchen, 3 bedrms up, M/B enste, easy Care gardens and
some Cit view ___all for $179,900! Don't miss seeing this first open!

NEW VIEW HOME AMBLESIDE—$180’s

JOY REALTY

| INCORPORATED
Ste. C. 1451 Marine Drive., West Vancouver

' a

Portas ere ae Your ow

and totally

MYRNA JOY 926 3976
GORD WAIDE 926 2527

INVESTMENT

SUPER INVEST Mt Ns

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Ve ers YC ee TT

yrrul iy Hicatye t' to COW og

Thiqeree my lacs a

pte ot hee catoternitece:

©

EXPENSIVE? BUT wry nul!
ONE OF THE FEW “REMAINING ESTATES:

“Pee er vedtty Tren re

926-7701
(24 hrs.)

DUVER NORTH VANCOUVER

RAMA DRIVE

veal

— DEEP COVE
© tadeene
bty apap

‘ A terete

Poy fuathk gered toeecge
bee or

JAN HAVA 929 3971

IN THE “PROPERTIES

refrerrie Pres) poco dese & retpret ates wit

thie t

trai dee,
ade Ebony) Ww
vith W ay

veo beet out

Catt US FOR AN APPRAISAL
NOW & LET US SELL YOUR
PROPERTY
JOY REALTY . 926 7701.
MYRNA JOY 926 3976

ne 1S Le Ce

correo dectbere) ber cae apogee Pevveer tte

24 (GsUIHE 3129 000
TMENT OPPORTUNITY
how Cn Ay,

nw cCLEOO 922 4703

BRITISH PROPERTIES LOTS

Pee even Yo tet Uve ace:

2 WESTHILL ORIVE (isp view

ed foot tot deg FRPP RET GO yt
MYRNA JOY 926 3976

3 NORTH VANC Meu

'

#10) 2246 FOLKSTONE
OPEN SUN 24

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beC re say
MYRNA JOY 926 3976 1

JAN HAVA 929 3971