The overall ratio of the commercial property tax rate to its residential counterpart across 11 Canadian cities in 2023 increased from last year, according to a survey by Altus Group Ltd., further straining commercial real estate’s finances.
Astria Properties, a relative newcomer to B.C.’s industrial development scene, has launched sales for a strata project in Langley the company says is tailored for smaller businesses that need a mixed space with micro-fulfillment, light manufacturing and office uses.
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