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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[…]

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Celebrating a Local Author’s Book Launch

We’ve explored some interesting topics this year relating to Edmonton’s commercial real estate market.  Our article about 4 Edmonton office towers that lost $163 million in value received a lot of attention, and to date has been our most popular article.  We’ve also researched more abstract topics, such as Blockchain technology and self-driving cars, and[…]

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Oil Prices and Edmonton’s Commercial Real Estate Market

Edmonton’s commercial real estate market is undeniably tied to the price of oil.  We illustrated this in September when we compared the price of oil over the past few years to the stock price of Melcor, which is a publicly-traded real estate developer with heavy exposure to Alberta.  You’ll see Melcor’s stock price was rising[…]

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Get Ready for Higher Property Taxes

City of Edmonton Counselors are patting themselves on the back this week after announcing that property tax rates are only projected to rise 3.6% next year.  While it is lower than the 5% they originally suggested in April, it’s still 3 times higher than what CPI has averaged this past year. The City clearly has[…]

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Blockchain and Commercial Real Estate

While most people have a cursory understanding of Bitcoin, few would have predicted the staggering growth over the past few years.  In 2011, you could have bought 1 Bitcoin for approximately $1.00.  Looking at the chart below, that same Bitcoin is now worth $7,425.  Had you bought $135 worth of Bitcoin six years ago, today you[…]

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Brick-and-Mortar Retailers are Under Siege

We wrote an article a few weeks ago where we highlighted a number of changes expected to occur in the retail industry.  The impetus for that article was a book by Doug Stephens called Re-engineering Retail.  Stephens, a self-described futurist, laid out a compelling argument on how retail is in the midst of radical change.  Ecommerce[…]