What a ride 2023 has been so far for businesses across the province and beyond! The sheer scale of compounding factors being vollied at companies as they try to regain balance and grow their income is farsical. How does anyone project into the future and plan for growth, or perhaps conservation, when so many opposing factors are at play. I’ve outlined Five Takeaways that we are seeing play out in the industrial asset class, from leasing, to sales, construction costs to trends and opportunties.

The cannabis industry has proven to be a game changer in states that have already gone through recreational legalization, and from what we are currently witnessing locally, there's no doubt that it is already having a tangible effect on our commercial real estate market here in Edmonton. 

So I recently learned about a new office space phenomenon that's truly taking over the world - collaborative, shared spaces that allow for community, innovation and services - no matter the size of your company or aspirations, all while on a membership basis.  In particular, one company called WeWork is leading the pack in this exponentially growing niche.

As we near the midway mark of 2017, it's been exciting to see the changes to our Downtown Skyline as existing development projects near completion, while others break ground and continue to mold our core.

More and more frequently, especially with more technologically apt Tenants and Purchasers, I am being asked the question, "Does this property have fibre?".  I had to look into this to find out what all the fuss was about...

When pursuing the commercial real estate goals for your business, how do you determine whether leasing or purchasing your property aligns with your business strategy?