I specialize in commercial real estate throughout Kelowna and the Okanagan, representing commercial property owners, investors, landlords, tenants and businesses.
Whether you are looking to purchase an investment property, sell a commercial asset, lease your vacant space or find the right location for your business, I can help you navigate the Kelowna commercial real estate market.
Kelowna is the economic centre of the Okanagan Valley and one of the largest commercial real estate markets in British Columbia’s Interior.
The market includes a diverse mix of office, retail, industrial, development land, mixed-use properties and income-producing commercial investments.
Commercial real estate decisions are rarely about price alone. Location, zoning, lease structure, tenant profile, vacancy, operating expenses, market rents, financing and future development potential can all affect the value and performance of a property.
My role is to help my clients understand both the real estate and the underlying commercial opportunity.
I work with investors, evelopers, business owners and owner-users looking to acquire commercial real estate in Kelowna and throughout the Okanagan.
Commercial opportunities may include:
If you are actively searching for an acquisition, you can view current commercial properties for sale through ShopCommercial.ca or contact me directly to discuss your investment criteria.
For investors, the purchase price is only the beginning of the analysis.
When evaluating a commercial investment property, I look at the factors that can influence both current income and future value, including net operating income, capitalization rate, existing leases, tenant quality, vacancy, operating expenses, market rents, lease expiry dates and opportunities to improve the property’s performance.
Depending on the asset, I may also consider redevelopment potential, zoning, financing, future lease-up opportunities and comparable commercial transactions.
My objective is to help you understand not simply what a property costs, but what you are actually buying.
Selling commercial property requires a different strategy from selling residential real estate.
The likely buyer may be a local business owner, private investor, developer, institutional investor or purchaser located outside the Okanagan.
I work with commercial property owners to evaluate the property, understand its income and investment characteristics, position it appropriately and market it to the right potential buyers.
My commercial sales process can include property and market analysis, investment positioning, marketing, buyer qualification, negotiation, due diligence coordination and transaction management through closing.
If you are considering selling a commercial property in Kelowna, I am happy to have a confidential conversation about the property and the current market.
I represent commercial landlords in marketing and leasing available space throughout Kelowna and the Okanagan.
For landlords, an effective leasing strategy goes beyond advertising a vacancy. Asking rent, additional rent, tenant inducements, lease term, tenant quality, positioning and vacancy time can all affect the economics of the property.
As a commercial property operator myself, I understand those decisions from the ownership side as well as the brokerage side.
I also represent businesses looking for commercial space in Kelowna.
I can help identify suitable properties, compare available opportunities, evaluate location and space requirements, review asking rents and additional rent, prepare offers to lease and negotiate the commercial terms of the transaction.
Tenant representation can be particularly valuable when comparing properties with different lease structures, operating costs, improvement requirements and landlord incentives.
If your business is looking for office, retail, industrial or other commercial space, contact me with your requirements and I can help you begin the search.
Kelowna Commercial Property Types
Office buildings, strata office units, professional space and leasing opportunities for businesses and investors.
Retail properties, storefront locations, shopping-centre opportunities and commercial space for businesses requiring customer-facing locations.
Industrial buildings, strata industrial units, warehouse space and properties serving trades, distribution, manufacturing and other industrial users.
Commercial and mixed-use development opportunities where zoning, density, servicing, location and future development potential are central to the property’s value.
Income-producing commercial properties evaluated based on their underlying income, leases, tenants, operating costs and future investment potential.
My perspective on commercial real estate extends beyond brokerage.
I am also an entrepreneur and commercial property operator. Through FORUM™ Flexible Offices, I am directly involved in commercial leasing, tenant acquisition, occupancy strategy and the day-to-day economics of operating commercial office space.
That experience has given me a practical understanding of vacancy, tenant retention, lease economics, operating expenses, property positioning and the decisions commercial owners make to improve the performance of their assets.
When I work with an investor or property owner, I bring both perspectives to the table.
While I am based in Kelowna, my commercial real estate practice extends throughout the Okanagan and BC Interior, including West Kelowna, Lake Country, Vernon, Penticton and surrounding communities.
Through ShopCommercial.ca, I provide access to commercial properties for sale and lease along with local commercial real estate information for investors, property owners and businesses.
If you are considering buying, selling or leasing commercial real estate in Kelowna or the Okanagan, I would be happy to discuss what you are trying to accomplish.
Samantha Ashly
Commercial Realtor® | Sales & Leasing Agent
Macdonald Realty Interior
250.448.5008
Samantha@ShopCommercial.ca
ShopCommercial.ca
Commercial Sales • Leasing • Investment Properties • Tenant Representation
Samantha has been serving the B2B industry in Kelowna for over 17 years, predominantly in the fields of sales and marketing. In 2008 She was the National Sales & Marketing manager for Homes & Land Real Estate Magazine until she launched her own publication, The Kelowna Shopping Guide, which she franchised in 2013. In 2014 she founded OMG Web Development & Design Inc., a boutique digital marketing agency which has brought to market and grown several national brands. OMG’s clients include GCI, a Mergers and Acquisitions company out of Toronto, Newlook Capital, a private equity fund in Burlington, Visland Media, a television production company in Kelowna, Vitatek Solutions, a national disinfectant E-Commerce company, and many more.
She help found the Kelowna chapter of Valhalla Angels. An Angel Investment Club in Kelowna that was expanding from Alberta. She was the General Manager of the local chapter and their National Sales & Marketing Manager for several years. During this time, she became passionate about the private equity space, start-ups and Angel Investing. In 2018, she acquired The Downtown Business Center, a Commercial Office Rental business in Downtown Kelowna which has since grown to over 3 different office centre’s.
With her diverse background in entrepreneurship, private equity, business development, leasing and real estate marketing she is uniquely qualified to help local Real Estate Investors buy, sell and lease Commercial Real Estate in the Okanagan.
To connect with Samantha please call 250.448.5008 or complete the form at the button below and she will call you back
Philip Hare has over 30 years of experience in Real Estate. He was first licenced in February of 1993 with Century 21. After that he joined the Sutton Group for 6 years and was a top performer there closing 50-60 deals per year.
In 1996 he earned his Managing Brokers licence and started his own company which he ran for 8.5 years which had the majority market share in the communities he served. He was a Founder and Partner with Fair Realty and helped launch that B.C. based franchise until he exited to become the Founding Managing Broker for NAI Commercial Real Estate in Kelowna.
In the last few years, he has sold over 13 motels and apartment buildings in the Okanagan Including a land assembly of 3 Penticton Hotels, a deal which was valued at over $10,000,000. His client portfolio includes, but is not limited to, hotels, breweries, vineyards and farmlands. Today Phil offers Commercial Sales & Leasing services under the Macdonald Realty brand to a wide range of clients all over B.C.
To connect with Phil please call 778.214.2150 or complete the form at the button below and he will call you back