Why the Feds Buying Trans Mountain Helps Edmonton’s Commercial Real Estate Market

This week, the Canadian government agreed to purchase Kinder Morgan’s Trans Mountain pipeline to ensure the expansion goes ahead.  While there is a lot of criticism from environmental and indigenous groups and conservative politicians and pundits, we believe this is a big win for our economy. As we have written about previously, Edmonton’s commercial real estate[…]

How Marijuana Legalization Will Impact Edmonton’s Industrial Real Estate Market

As a sign of the times, we had 6 calls last week from different marijuana grow operators looking for industrial space in Greater Edmonton. Ranging from small operators to large enterprises, these groups are looking to capitalize on marijuana being legalized this upcoming summer.  There are already some big players in the market too.  Aurora Cannabis[…]

Industrial Market Update for Edmonton

If you’ve read any of our previous blog articles, you’ll know we like to post unique content that isn’t readily available in other places.  For example, we have written recently about electric cars and how they pose a long term threat to Alberta’s economy.  We have also written extensively about how Edmonton’s commercial real estate[…]

Another REIT makes a Large Sale

The prolonged downward pressure on oil prices has unsurprisingly percolated throughout the commercial real estate market.  We reported last week on 4 downtown Edmonton office towers that were sold for dramatically lower prices than what they were purchased for. It’s important to note that we do not believe those sales to be representative of the entire[…]

Why is there no Central Database for Commercial Properties?

We often get asked why there’s no central database for commercial real estate properties. While a majority of residential listings can be found on the MLS (www.realtor.ca), there is a significantly smaller percentage of commercial listings available on any one single platform. By choice, many of the commercial real estate brokerages in Alberta are not[…]

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[…]