Commercial / Industrial Real Estate
Licensed under the BC Real Estate Act, NAMREX is the perfect partner for commercial & industrial Real Estate owners or users.
Analyzing the quality of any commercial Real Estate project is the first step in narrowing the field of existing opportunities. These opportunities seem attractive but on closer examination may reveal difficulties which, if undetected before entering into an enforceable agreement to purchase, cause timely and costly delays or worse. Asking questions about existing or possible zonings and environmental concerns about a orchard, farm, industrial or commercial property before you sign an agreement will pay dividends.
If you require a full service agency or assistance in only a few areas, NAMREX offers everything you need.
We advise vendors on all important points in the preparation of their Real Estate interest for marketing.
We market...
- Businesses wanting to buy or sell
- Purchasers wanting holding or development properties
- Corporations wanting to lease space
- Developers - buying, selling, consolidating or re-zoning
- Investors - wanting income properties
- Individuals wanting to lease space
- Owners - leasing
- Owners - selling
NAMREX is uniquely equipped to handle small or large projects efficiently and cost effectively. Our business concept provides a platform for consulting based service and comprehensive marketing.
By adjusting marketing strategies NAMREX is able to deliver outstanding services at significant savings.
NAMREX is flexible and can adapt to every situation, giving each consumer a customized service perfect for his or her needs.
With three decades of experience in all phases of commercial and industrial Real Estate we have an excellent rapport with other professions, trades, service and government agencies. Therefore, we are well equipped to handle all Real Estate business in your best interest, efficiently and at a cost you can relate to.
Commercial Real Estate Services
- ALR - Land Exclusion Applications
- Business Analysis and Evaluations
- Consultation
- Financing
- Land Consolidations
- Marketing Services
- Negotiations
- Project or Business Analysis
- Rezoning Applications
- Revenue Property Analysis & Evaluations
- Tax Assessment Appeals
Click on a service to view details. To view residential Real Estate click here.
NAMREX provides a wide range of services to commercial Real Estate developers and purchasers and vendors of Real Estate and businesses. Using today's information technology, we provide more services in a shorter period of time at considerable savings to all participants.
ALR - Land Exclusion Applications
- Initial research assessment of subject lands being thought for removal.
- Initial consultations with all affected authorities
- Gathering of material and information forming the basic reason and evidence accompanying the application
- Making the application
- Attending board hearings and giving verbal evidence and reason for the removal of the lands out of the ALR
- Keeping clients abreast of progress
All consulting work is performed on an hourly basis, as each application will differ. Clients will need to give authorization to proceed with each stage, or instruct a "stay" to the process. NAMREX will engage outside expertise when required.
Business Analysis and Evaluations
- Meeting to determine intention of client
- Review of Business activities and its place in the market
- Review of financial statements
- Determining value
- Identifying a marketing strategy
- Identifying the buying market
- Marketing (or assistance in vendor marketing)
- Writing "Sell - Purchase" agreements
We assist business owners and potential purchasers to determine any or all of the above according to the client's request. All assistance is offered on a consulting basis and can be terminated* at any stage.
* Termination is effective after written notice is received by NAMREX, all outstanding charges have been paid in full, and a final report of findings issued by NAMREX to the client has been acknowledged.
Real Estate consulting services are available to:
- Owners of retail, wholesale or manufacturing businesses, etc.
- Developers of land, housing, commercial or industrial projects, etc.
- Investors in development, holding or income properties, etc.
- Property owners
- Purchasers
Consulting services are delivered on an hourly fee basis for services which are of relatively short duration or difficult to assess as to the amount of time it will take. Consulting fees will vary according to the value of the work requested.
Our consulting services are the ideal vehicle for purchasers and vendors who don't have the time or necessary expertise to accomplish what they wish to do.
The above information is by no means an exhaustive overview of our consulting services, but is meant to be a guide as to what type of services are available.
- Bridge/Interim project financing
- Mortgage financing
- Private financing
NAMREX will research available sources for financing and assist in bringing you the best financing available.
Financing for businesses or commercial mortgages range widely. The lending criteria can be quite different between lenders. We do not charge extra fees or bonuses. We only charge our usual consulting rate for services performed.
- Identify existing consolidation opportunities
- Determine state of titles
- Determine the best uses for the property
- Determine financial options for acquisitions
- Secure subject properties through purchase or options
Land does not always exist in the location or size a developer needs for a specific project. Nor does it always have the necessary land use designation. Land consolidation creates new opportunities for anyone seeking development opportunities in a different sector of the economy.
We offer a full range of services, such as identifying opportunities, consolidation and rezoning subject lands. Our knowledge of the Okanagan, ability to work with other professionals in all applicable sectors, and consultation with planning and licensing authorities at all levels of municipal and provincial governments, enables us to offer these services.
- Preparing the Real Estate or business interest to be sold
- Determining available financial options for purchasers
- Identifying potential purchasers and where they are most likely to be found
- Identifying the best marketing strategy
- Initiating the marketing action
- Writing agreements
- Initiating and supervising all closing activities
- Supporting resources
We have many years of experience in negotiating successfully on domestic and international markets. Our clients are residential, commercial, industrial and government agencies in countries on three continents.
Even though most people are capable of speaking for themselves, in a buy-sell situation detachment and negotiating skills make the difference.
Whether buying or selling, negotiating is a skill developed through practice. Not offending the opposing party is as important as knowing what goals are realistic. We negotiate anywhere in the world using either video conferencing or personal contact and today's technology to bring the closing process to its desired conclusion.
Before investing in land or a business it is essential to go through stages of "Due Diligence" to determine if it is a worthwhile investment.
We provide initial short form analysis to detailed spreadsheet analysis. This type of information is needed before any lender or financer agrees to supply financing and before a purchaser will sign a purchase agreement.
Seeing it in black and white makes a hypothetical situation more tangible. Using more than just a 'guesstimate' eliminates uncertainty, frustrations, unnecessary cost, and perhaps ultimately failure.
Before land can be put to its best use, you must determine what present and future uses are permitted. Municipal or regional government bylaws will show present uses. Official community plans(OCP) will indicate future permitted uses.
Rezoning increases the value of a property while also increasing the usability for a more valuable development than its present state.
We are experienced in identifying land which can be rezoned to a specific use. Residential property owners may wish to find out if rezoning their property is possible and if rezoning will give it a greater value.
Variances can be used to increase the value of your property without changing the zoning. Knowing when this can be applied will usually save more than just money.
Knowing where to go and what questions to ask makes the difference. We have a long standing working relationship with all levels of government to find the answers in a timely manner. We will make applications and personal presentations at all levels.*
* Consulting Fees apply.
Revenue Property Analysis & Evaluations
Before offering a revenue property for sale it is imperative to know how a potential purchaser will view the investment.
Providing all the information about the property, such as, income statement, state of repair, availability and adequacy of services, replacement reserves, future potential, outstanding repair orders, zoning compliance, land use contracts, registered encumbrances, liens, easements, right of ways, to an interested investor will make a sale easy. It also offers the owner/vendor the comfort of knowing exactly when to say yes or no.
Wondering if you are paying more taxes than you should?
We all have to pay taxes but if we pay more than the next person for what we perceive to be the same thing we should make it known to the taxing authorities. These questions can help to determine if you are paying too much.
- Is your property developed to its highest and best use?
- Are you being taxed on the property value as assessed, or on the income stream it produces?
- What state of repair are the improvements and land in?
- What are the services to your property?
- What encumbrances are registered against your land?
- Does the land have further development potential?
Sometimes an independent appraisal will help to answer the above questions.
Appealing the assessment will force the assessment authorities to explain what they have based their evaluation on. Many appeals never go to a hearing but are settled by agreement with the assessors. The cost of testing an assessment against potential savings over many years, may be worth it.
Asking the right questions is the first step - we can assist.
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