“I think we’re eating in linens right now,” I said casually
to my mom recently.
We were taking in the tastes offered by Midtown Common, the
new Midtown Plaza food court located in the Sears vacancy.
Any semblance of the historic retailer, however, has all but
The shopping space has been replaced with exposed concrete
and a modern look.
Basically everything Sears wasn’t.
It isn’t a summer music festival unless you’re trudging
around in mud. At least that’s what Craven organizers over the years have led us
But what if I told you that isn’t the case everywhere?
What if a festival site was thoughtfully designed with drainage,
sound control and amenities that could serve up to 65,000 people?
Montreal’s redesign of Parc Jean Drapeau has achieved just
There are many real estate investors who wish they’d just
got into a market before a boom.
Appreciation of real estate investments has made many people
wealthy over time.
For those willing to take the risk, the reward can be real.
The vibrancy of a city’s core creates the fabric of the
community. A safe downtown gathering place provides an ambiance that
reverberates throughout the city.
Who decides the definition of “safe”?
It’s a subjective word that may have different meaning to different people. I have my own translation and believe that “safe” is achievable.
A focus on deal timelines are a necessary evil in our
commercial real estate world.
They are the thread that binds conditional lease and sale
But what happens when issues arise beyond your control that
negate those agreed upon timelines?
speaking, it depends on where you live on this earth.
Globally there are
still approximately 2.7 billion women restricted from doing the same jobs as
But that’s not
necessarily true in North America, right?
Okay, how about this
more relatable fact: only 5 per cent of the Fortune 500 companies have female
When we look at the
general workforce, approximately 63 per cent of women (aged 25-54) participate
in the labour market; that compares to 94 per cent of men in the same age category.
The statistic doesn’t
tell us where those 37 per cent of women are or why they aren’t participating
but it certainly highlights the imbalance between genders.
So it’s agreed, there
is still some work to do.
We were recently called in to value and market a single
tenant property with an existing lease in place. The tenant had been granted an
option to renew during their last renewal negotiation.
I informed the owner that we would have been able to achieve
a higher price if we were able to go to the market as a vacant property.
Oh sure, everyone has ideas about how to get a space leased
But when is the last time someone made a list about how not
to get a space filled?
Wait no more, landlords, I have a list as such for you.