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Idle Trains, Stalled Pipelines and $70 Oil

There’s an optimism in Edmonton’s industrial market that we haven’t seen since 2014.  Not that it’s anywhere close to the flurry of activity we saw prior to the plunge of oil prices, but it’s markedly better than it’s been the past few years.  If we were to do a rough sketch of the activity we’re seeing,[…]

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Oil Update – Edmonton Commercial

It may not feel like spring quite yet, but the drilling industry is in the midst of the annual “spring break-up”.  Around this time each year, the earth thaws and the ground becomes soft, muddy and generally harder to work in.  It is a period of considerable slow down, as evidenced by recent statistics showing roughly 3/4[…]

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Tension is Growing in the Sandbox

One marvel of human progress is how interconnected global trade has become.  The amount of free trade agreements in Canada provides a staggering glimpse into all the different agreements that exist worldwide.   The prevailing wisdom suggests global trade is a giant sandbox, with everyone having a collective goal of making the sandbox bigger and more efficient. […]

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Don’t Forget Your Tools – A Short Story on Crime in Edmonton’s Industrial Parks

Crime and No Punishment A Story With a Bad Title and a Sad Ending Last month, a construction worker parked his truck in a fenced yard compound behind his company’s building.  While he had parked there countless times before, that night was the first time he forgot to take his tools.  It turned out to[…]

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Edmonton Shopping Malls Have Slight Decrease in Sales

Considering the unprecedented rise of e-commerce options, coupled with the worse provincial recession in decades, one might think that retail sales have plummeted.   However, there’s recent data from the Retail Council of Canada that suggests shopping malls have weathered the storm quite well. Southgate Centre, West Edmonton Mall, Kingsway Mall, Edmonton City Centre and Londonderry[…]

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The 10 Best Books We’ve Read Recently

Before we get back to our regular blog content on Edmonton’s commercial real estate market, we wanted to give you some reading ideas* for 2018. In no particular order, here are our favorite books we’ve read recently. How to Fail at Almost Everything and Still Win Big Scott Adams, the cartoonist famous for Dilbert, is[…]

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Our Top 5 Blog Posts from 2017

While it takes time and effort to put out a blog post each week, the hardest part is pushing forward after a string of articles have low readership.  Of the 52 blog posts we wrote last year, many had an underwhelming amount of unique views (using blogger parlance).  We’re comfortable admitting to this, since statistically[…]

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Top Instagram Accounts in Edmonton

This week Chad had an article published on Forbes about the top 10 commercial real estate accounts to follow on Instagram.  It wasn’t an article about which accounts were the most popular (for example, we found one commercial broker who had over 10,000 followers but her pictures were either of her hair, her nails, or[…]

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Marijuana and Edmonton Commercial Real Estate: Part Two

Last week we wrote an article about how the forthcoming legalization of marijuana could have a big impact on Edmonton’s commercial real estate market.  A number of high profile projects are already underway, and the total footprint of marijuana growers occupying industrial real estate in Greater Edmonton will exceed one million square feet before marijuana[…]

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Commercial Real Estate Leasing Terms and What They All Mean

If you’ve done a search for commercial real estate listings in Edmonton lately, you might have been surprised (or angered!) by how the various listing services and websites quote lease rates.  Here are a few examples of how different the terminology can be: Loopnet, which is owned by Costar, tends to report lease rates as[…]