Fibre Sensys leases 31,372 square feet in Hillsboro

America’s Best Contacts and Eyeglasses leased 3,525 square feet at 9301 N.E. Fifth St., Vancouver. Andrew Usher of Urban Works Real Estate represented the tenant; Melissa Darm of CB Richard Ellis represented the lessor, Pine Tree SAU Hazel Dell LLC.

Fibre Sensys, which manufactures intruder detection equipment for information technology systems, leased 31,372 square feet at Suntech Corporate Park, 2925 N.W. Alockek Drive, Hillsboro.

The many ways to own or live on properties

Firstly let us look at freehold properties. Freehold ownership is the most common in Vancouver. It entitles the homeowner to have their name on title as full owner of the land and the improvements (house) on the land. If it is a condo that is being purchased, a freehold ownership gives you full ownership of your unit and a portion of the land and common areas depending on your unit of entitlement in the building. Basically, the larger the unit, the more land and common area you own.

Next we have leasehold properties. Leaseholds comprise a much smaller percentage of home sales in Vancouver and can be found in strata properties on leasehold land, co-operatives on leasehold lands and even mobile homes on rented pads. For the purposes of this column, a leasehold is a home where the land is being leased usually from the government or as is also common in Vancouver, a native band, for a defined period of time. When purchasing a leasehold,

Condo-mania returns as buyers seek bargains in Metro Vancouver

Sales agent Cam Good said the 55 units on offer were part of a series of several hundred units to be sold across Metro Vancouver by the developer.

"Everyone you see in line here is guaranteed a 25 per cent discount and some other people that come to our Wednesday night event at Cedar Brook will get even deeper discounts," said Good.

All the units were snapped up in less than three hours, and the new owners will get to move into their homes next month, the company said.

Vancouver realtor live-streams online

Forget the pretty calendars, ditch the property cards dropped through the mailbox. Today's real estate digerati are turning to the virtual world to find real-world buyers.

Vancouver realtor Kye Grace is part of the trend, turning to social media to sell in a downturned market with a 72-hour open house to be video-streamed live over the Internet, starting Friday.

In cyber-twist on the old-style afternoon open house, Grace will lock himself up in an almost $1-million Gastown apartment and broadcast over the Internet for three straight days and nights.