A Single Number is Driving Edmonton’s Industrial Real Estate Market

We’ve written extensively about how Edmonton’s commercial real estate market is directly linked to the price of oil.  This week, we’re going to be even more specific and show how Edmonton’s industrial real estate market is hinged to the price of Canadian oil prices (Western Canadian Select). First a bit of background: oil prices, when[…]

We Got 99 Problems But This Street Ain’t One

99th Street’s Impact on Edmonton’s Commercial and Industrial Real Estate Markets In 1870, private land ownership was introduced in Alberta, but until the Calgary and Edmonton Railway (C&ER) Company decided to establish a commercial centre on the south side of the North Saskatchewan River, Old Strathcona was largely undeveloped. Until 1882, only a sparse settlement[…]

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,[…]

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[…]

Oil is Heading to $70

Yes, it’s a bold headline, and we should disclose ahead of time that we’ve been atrociously wrong on previous predictions (ie/ Trump and Amazon*).  You might be wondering what makes this prediction different.  The answer: not much.  This is purely speculative on our behalf so don’t rely on any of this for investment, financial or[…]

Warehouses Ceiling Heights by the Numbers

Warehouse ceiling heights have continuously risen over the past few decades. Many of the buildings constructed in the 1980’s featured a clear ceiling height of +/- 20′. For clarity, clear ceiling height is generally regarded as the height below any joists, trusses or lighting. In other words, it’s the maximum functional height that a company[…]

Weekly Market Update: February 7th, 2014

WEEKLY MARKET UPDATE February 7th, 2014 EDMONTON Edmonton’s plan to consolidate city staff in a new downtown office tower could glut the core with vacant office space and drive down rental rates for a decade. That’s the grim assessment from several office landlords and commercial real estate brokers, who say demand for downtown space is[…]

Hwy 16A Industrial Land and Building

3.75 acres with a 5,000 square foot building For Sale 3.75 acres of industrial land with a 5,000 sq ft building fronting onto highway 16A. Quick access to Anthony Henday, Winterburn Road and Highway 16A. Approximately 460 linear feet of Highway Exposure. 37,300 vehicles per day (2007 City of Edmonton Traffic Count). Free standing building[…]

Industrial Logistics: Shipping and Receiving

Shipping and receiving is an integral component of a company’s logistics and supply chain management. Most industrial buildings can accommodate cube vans and small trailers but there may not be adequate clearance for larger vehicles. Full-sized truck and semi-trailer combinations are now approaching 89’ in total length, making it difficult – if not impossible –[…]