Parking Woes on Whyte Avenue

Many people perceive Whyte Avenue to have a parking problem.  This extends to a company finding parking for it’s employees and potential customers who might be deterred and decide to go elsewhere. With over 600 businesses in Old Strathcona and an estimated 77,000 people1 living within a 3 kilometer radius, it’s easy to see why[…]

How and Where to Obtain Business Licenses and Permits in Edmonton

If you run a business in Edmonton, it is imperative that you’re familiar with your business classification under the Business License Bylaw and your building’s classification under the Zoning Bylaw. In fact, we get asked about the business license process so often that we wrote this article to help give insight on the topic.  […]

Industrial Sales Data for the Past 5 Years

We compiled sales data for the past five years to give a trend on industrial sales activity in Edmonton.  2013 was a notable year with 129 industrial properties selling for more than $600 million in aggregate value.  As most people are painfully aware, oil prices started falling in the fall of 2014 and the transaction[…]

Oil Prices up 40% from Last Month

We have written a number of short articles about the price of oil over the past year, none of which have been encouraging.  Well, there’s finally a glimmer of hope to write about. Low oil prices have finally forced both OPEC and non-OPEC producers to cut production and Saudi Arabia and Russia have a loose[…]

Nisku / Leduc sees a 9% Decline in Prices

Following up on an article we did in January (Industrial Vacancy in Nisku / Leduc), we added to our market research with a list of industrial properties that have sold dating back to 2014. While there still might be data for sales trickling in for 2015, the following chart shows a considerable drop off in[…]