Vancouver Island Firm Purchases Timberline Village in Campbell River

September 22, 2014

De Luca Veale Investment Counsel Inc., is pleased to have launched a new income producing real estate investment. Called RealStream Income Properties LP, this new investment is the first of its kind to be offered and managed by a locally owned Portfolio Management firm.

RealStream Investment Properties

Timberline Village, a RealStream investment property

RealStream Income Properties LP has acquired its first investment property, a 30,000 square foot shopping centre known as Timberline Village. The property is located at 801 Hilchey Rd. in Campbell River BC and is anchored by Shoppers Drug Mart and the TD bank. Timberline Village is also home to Campbell Rivers newest private liquor, store Metro Liquor, as well as Papa Murphy’s Pizza, Subway, Quinsam Medical Clinic and Fresh Dental. This is a newly constructed plaza that was built in 2013.

The two partners, Richard De Luca and Jonathan Veale invited accredited real estate appraiser and former Vancouver Island Deputy Assessor, Mr. James (Jim) Stewart, to leave BC Assessment and join them in operating RealStream.

Learn more about De Luca Veale and RealStream at or call 250-890-2000.