Commercial Real Estate Advisor Devin Jahelka discusses Westmark Construction’s Pacific Station development…

What is Pacific Station?

Pacific Station is an innovative, forward thinking, mixed use, multi-phase development that upon completion will include 50,000 square feet of prime commercial office space. Strategically located, the commercial component represents the emerging business centre for the increasingly independent North Nanaimo community, offering professionals practices a prestigious address in the ideal location to cater to the higher income demographics in Nanaimo’s north end.

Why would you want your business to be located in Pacific Station?

Location…The visual exposure is unrivaled with more than 40,000 vehicles passing by on a daily basis, and Mostar Road provides a convenient connection to other areas of town and neighbouring communities via the Parkway. Westmark Construction is a respected, award-winning builder. The building quality and visual appeal is unmatched, and this is a rare opportunity to benefit from the synergies of locating in a thriving business community in the heart of North Nanaimo’s urban core.

How will locating in Pacific Station benefit your business?

Aside from the synergies, networking, and potential referral relationships that will inevitably result, there are a number of financial considerations… Firstly, the strata office concept allows you to purchase your space, which depending on your circumstances could have a very similar cost to leasing. The risk of escalating lease rates is eliminated, and it can play a huge part in longer term retirement planning for the owner, whereby over time you will either have established a sizeable nest egg, or alternatively will be able to provide you with a long term passive income source.

Generating returns on traditional asset classes has become increasingly challenging, and these units offer a great alternative to residential real estate as a viable investment option.

For more information on the commercial strata units available at Pacific Station, please contact commercial real estate advisor Devin Jahelka at 250-751-0804 or info@jahelkagroup.com

www.pacificstationoffices.com