4 Reasons Why Delta Link Business Centre Simply Works
The Concrete Benefits of OWNING Your Business’ Real Estate?
- • The cost of financing remains extraordinarily low. The Bank of Canada’s posted 5-year fixed mortgage rate is anticipated to remain below 5.00% while discounted mortgage rates will remain below 3.00% through 2017 – continuing the historically low interest rate trend seen over the past decade. Simply put, your mortgage payment may be less than your current lease payment.
- Industrial real estate in Metro Vancouver is a sound investment for your company’s excess capital at a time when conventional returns are lower than inflation.
- New industrial strata is a rare commodity within the regional core and the proximity to central markets including Downtown Vancouver, Richmond and Burnaby as well as infrastructure including YVR Airport, Port Metro Vancouver facilities and the regional highway system will provide your business with a competitive advantage.
- Beedie has developed a well-earned reputation for industrial construction quality with a focus on design efficiencies. This is an opportunity to acquire modern, customizable space for your business.
- Owning your company’s real estate provides flexible exit strategies for business owners which can include selling your business and retaining an income producing real estate asset, selling your facility (and potentially leasing back the facility) for a substantial cash infusion, or selling both your business and the facility together.
Why INVEST in Metro Vancouver’s Future as Canada’s Economic Powerhouse?
- Industrial land has become incredibly scarce in Metro Vancouver. Metro Vancouver’s Industrial Lands Inventory Report (2015) projects that the current supply of undeveloped industrial land in the region may run out as early as 2033. Simply put, this is one of the last chances investors have to acquire new, well located, and high quality industrial product in the regional core.
- Vancouver outperformed every other major municipality in Canada in 2016 with a GDP growth rate of 3.3% according to the Conference Board of Canada which projects that it will continue leading the country in growth through 2017. This growth was driven in large part by the region’s role as an international transportation hub and Delta Link Business Centre is well situated to capitalize on this powerful economic growth.
- As of Q2 2017, industrial vacancy in Metro Vancouver was only 2.4%, a 14.3% decrease from the same quarter in 2016. Average lease rates for industrial space meanwhile have grown by 13% over the same 12 month period, reflecting the scarcity of suitable space and the strong demand amongst regional tenants.
- Delta is an established industrial submarket that is experiencing a renaissance as a competitive market for industrial tenants, particularly those in the manufacturing and transportation sectors, as the cost of real estate in the traditional core markets of Richmond, Burnaby and Vancouver has become prohibitive.