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Industrial Vacancy in Nisku / Leduc

With the price of oil flirting with 12 year lows, it will likely come of little surprise that the industrial market in Nisku & Leduc has come under some considerable pressure.  We recently put together a list of properties currently listed in the area.  Of interest, there are currently 34 properties for lease comprising over[…]

derrick2

How Close is Oil to a 20 Year Low?

Oil prices fell below $30 / barrel this week as concerns over China’s economy and an abundance of supply exacerbated the already depressed commodity.  There are a couple mathematical observations to note about the price of oil, and while not necessarily profound, they highlight just how rough the past month has been.  First, prices have[…]

edmonton

Beginning of Year Commentary

Slipping oil prices made headlines for the first week of 2016 as West Texas Intermediate fell to the lowest level in 12 years.  Prices are near $32 / barrel (WTI/$USD), which hasn’t been seen since 2003.  Even worse for Alberta specifically, spot prices for Western Canadian Select (Canadian heavy grade) have now fallen below $20[…]