We’ve all heard how over the past couple of years there has been a newfound focus for companies to actively strategize and implement the relocation of their manufacturing activities away from overseas (and politically diverse) countries to more optimal locations, being those with comparable political, economic, timezone and trade policies. For North American companies, the logical case lies to the south in Mexico - and the growth is exponential there - but in this article I’d like to pose the thought experiment of analyzing Alberta, in particular, to capture some of this excessive market demand.
Read MoreWhat 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.
Read MoreI recently had the enjoyment of sitting down with my esteemed colleague and friend, Chad Griffiths, Partner at NAI Commercial, and Gerald Tostowaryk, host of The Real World of Real Estate podcast, to discuss the past year and our upcoming projections for the Alberta industrial real estate market.
Read More