While activity has stayed fairly constant with regard to tenant/purchaser requirements and listings, the deal flow has been slow as most companies continue to have a low risk tolerance in Alberta. Add to this the much anticipated Federal election expected in October of this year, and there has been a mentality of hurry up and wait…until there is a change up federally that is.
Read MoreCanadian oil and gas production has long since become the scapegoat of the modern energy contradiction. That is, many around the world are demanding a switch to green, renewable energy, calling for a complete elimination of the oil and gas industry, yet the data shows that global fuel usage from oil continues to grow year after year.
Read MoreThe commercial real estate industry continues to transform, creating new opportunities and challenges for users and service providers alike. These trends are affecting the commercial real estate sectors individually (Industrial, Retail, Office, Hospitality and Multi-Family), as well as the industry as a whole. Being knowledgeable and able to adapt to these changes will create opportunities instead of threats for those [so lucky] to be involved.
Read MoreThe 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.
Read MoreIn an article published today by the Financial Post, Earnest Research has analyzed debit and credit transaction data to reveal that 89% of all holiday spending, beginning after American Thanksgiving and ending at Christmas, was captured by the retail giant Amazon. The close second? Wal-Mart at a whopping 4.4%.
Read MoreWhile the industrial and commercial markets in Alberta have been far from a pretty picture, The North American industrial market as a whole has experienced a record-setting run, registering some of the strongest leasing tallies and tightest market conditions on record. In particular, the industrial market in the United States, largely due to the huge growth in e-Commerce, has been unstoppable.
Read MoreAfter months, or rather years, of doom and gloom for the derelict malls that encompass huge swaths of land in our urban epicenters, a pathway has presented itself for the landowners of these properties. One solution to the woes of these Class B and C malls is their conversion into warehouse space for the ever growing and expanding E-Commerce market.
Read MoreTake a look at the quarterly reports and videos that outline the commercial real estate transactions and trends of Q1 2017 in the Greater Edmonton Area. Have we really hit the bottom?
Read MoreThere is a new bet on Wall Street that is beginning to gain steam. The bearish short against Commercial Mortgage Backed Securities (CMBS), specifically securities backed by loans taken out by shopping mall operators, is being coined as the next Big Short.
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