--_004_MWHPR08MB2736FA39484B18BB35D0C6EDF0CF9MWHPR08MB2736namp_ Content-Type: multipart/alternative; boundary="_000_MWHPR08MB2736FA39484B18BB35D0C6EDF0CF9MWHPR08MB2736namp_" --_000_MWHPR08MB2736FA39484B18BB35D0C6EDF0CF9MWHPR08MB2736namp_ Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Thanks. Let=92s discuss on the call. Zach Wittenberg Personal Real Estate Corporation Vice President, CBRE Limited D: (604) 662-5158 C: (778) 990-9105 ________________________________ From: Timothy Thomas Sent: Thursday, January 26, 2023 12:22:31 PM To: Madonna Borger ; Wittenberg, Zachary @ Vanco= uver ; Fuller, Lauren @ San Diego Subject: Fwd: 1861 Marine Dr., West Vancouver, B.C. External FYI, remarks on Zach's last email from Sharon ---------- Forwarded message --------- From: Sharon Speirs > Date: Thu, Jan 26, 2023 at 2:15 PM Subject: Re: 1861 Marine Dr., West Vancouver, B.C. To: Timothy Thomas > Hi Tim and welcome back! 1820 Marine - way too much work unless it is a significant price difference 1405 Bellevue look possible but depends if it is still available Clyde - It is such a weird street - it breaks up at 14th and then comes bac= k at Taylor Way so I do not believe we would have any visibility but I coul= d not stop there this morning but will check out as I go home We do need parking signage as cars always parking in our spots - right now = its fine but if Vanja, Carolina and myself our here it becomes an issue. I = also think if we stay you would have to ensure they will be paying for "The= Key signage" There is the issue of water damage under the floorboards as we were told th= ere is mould so if that could be addressed. Hope that helps Sharon On Thu, Jan 26, 2023 at 6:16 AM Timothy Thomas > wrote: Hey Sharon, Hope all is well. Let me know what you think. ---------- Forwarded message --------- From: Wittenberg, Zachary @ Vancouver > Date: Tue, Jan 24, 2023 at 1:57 AM Subject: RE: 1861 Marine Dr., West Vancouver, B.C. To: Fuller, Lauren @ San Diego >, Madonna Borger > Cc: tt@homecareassistance.com > Hi Team =96 Apologies for the delay in responding. I connected with Bill th= is morning and had a good conversation about the market, your requirements = and renewal terms. He=92s owned the building since 1985 and has had a solid= of run of medical(esq) tenants with little to no vacancy. (Which is not su= rprising given the West Van market). Most of this sub-market is made up of = private owners and the buildings are retirement plans for keeping cash flow= . He has been getting decent action from a posted sign but is still OK to g= ive us the first blush. What I was able to discuss with him: * 3 year term with 3 yr option to renew * $5,980/mth gross (inclusive of property taxes, but those can change y= ear over year) =96 are you able to confirm your current monthly? As I only = have the 2020 figures. * We typically don=92t see this type of rent structure much anymore,= usually it=92s triple net. For example in this