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275 1st Ave N

Saskatoon, SK S7K 1X2

306.664.6116

Or email us: barry.stuart@icrcommercial.com | kelly.macsymic@icrcommercial.com

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Neil on Surprisingly little correlation between interest rates and cap cates
stcomm on Surprisingly little correlation between interest rates and cap cates

Recent Posts

The Bay is resurrecting the Zellers corpse January 19, 2023
Merry Christmas! December 21, 2022
One of many benefits to setting up shop in SK November 25, 2022
Debunking CRE real estate myths November 17, 2022
Every Saskatoon CRE vacancy rate drops October 21, 2022
YXE downtown metamorphosis September 23, 2022
Carrying the Mission, Vision & Values Message through corporate leadership September 16, 2022
Where do Saskatoon industrial lease rates go from here? September 1, 2022
Slow but steady road towards sales proceeds August 18, 2022
When the clock is running out August 8, 2022
Well worth the price of admission July 22, 2022
Big divide between YXE downtown & suburban office vacancy July 15, 2022
Tight industrial market calls for compromise July 7, 2022
Pitfalls of verbal CRE negotiations June 30, 2022
Saskatchewan farmland values continue to rise June 21, 2022
Up to 165 per cent variance between SK municipal CRE property taxes June 7, 2022
Can a grocery store in a district with too few residents work? May 13, 2022
Time was up for Continental Hotel May 6, 2022
Face Your Fear and Do It! April 14, 2022
Buy yourself a dream April 8, 2022
Required steps to valuing development lands March 18, 2022
Seeking: Like-minded commercial condo owners March 4, 2022
Gap narrowing between CRE financing and returns February 22, 2022
Best practices for negotiating Commercial Real Estate February 4, 2022
Good news stories during pandemic January 21, 2022
Saskatoon industrial market far exceeds my 2021 prediction January 14, 2022
Carols I’m singing this Christmas December 23, 2021
Owners and Tenants beware: Airbnb vs. Vrbo December 16, 2021
Why you should sell your Commercial Real Estate now December 2, 2021
Don’t let Tenant insurance fall through the cracks November 19, 2021
Lowest SK industrial vacancy in over a decade November 12, 2021
Hard to place CRE tenants November 6, 2021
Should you hire a broker to negotiate your lease renewal? October 26, 2021
A Gratitude List October 14, 2021
Advice from the business trenches October 8, 2021
How to de-risk your spec CRE build October 1, 2021
Evolving conversation on open office September 15, 2021
Farmers’ Market could make a comeback to Riversdale September 1, 2021
On vacation! August 25, 2021
Every toy (store) has a story August 20, 2021
On vacation! August 13, 2021
4 Reasons to engage a chess player to guide your CRE strategy August 5, 2021
Your space is a reflection of your business July 30, 2021
Saskatoon’s commercial real estate markets demonstrate resiliency July 22, 2021
Permanent pandemic practices for the good July 12, 2021
Buyer beware of often onerous commercial mortgage process June 24, 2021
Vacancy does not equate to desperation June 18, 2021
Surprisingly little correlation between interest rates and cap cates June 2, 2021
Prairieland won’t be saddled with losing bet May 26, 2021
Agents need to stay in their own real estate sandbox May 12, 2021
Moe’s plan to re-open SK for business May 10, 2021
Liken your commercial real estate portfolio to a fleet of ships April 29, 2021
All will be revealed in Regina land sale April 19, 2021
Saskatoon sees lowest quarterly drop for industrial vacancy in over a decade April 7, 2021
The little Blockbuster that could March 26, 2021
3 tenant tips for renewals March 11, 2021
Density can’t come at the expense of massive property devaluation March 4, 2021
Oh, the Places I’ll Go… when the pandemic is over February 26, 2021
How smart companies will address work-from-home February 18, 2021
Countdown to mandatory hotel quarantine February 12, 2021
My predictions were wrong (but cut me a little slack!) February 4, 2021
Avoid commercial real estate roadblocks January 8, 2021
More than meets the eye on retail site selections December 29, 2020
Ho, Ho, Holding out hope for next year December 22, 2020
Trust happens when I’m transparent with clients December 9, 2020
Can Canada’s oldest retailer hang on? December 3, 2020
Industrial sales close in the blink of an eye November 26, 2020
Value is in the eye of the CRE beholder November 19, 2020
Verbal Offer is No Offer November 5, 2020
Creepin it real this Halloween October 30, 2020
Movies for commercial real estate nerds October 15, 2020
3Q20 industrial vacancy rate improves over last quarter October 8, 2020
The line is drawn between easements & encroachments October 1, 2020
Government collaboration will deliver safer Saskatoon downtown September 21, 2020
First to close and last to open September 17, 2020
Selling is a form of art September 9, 2020
For instant fun, just add water(slide) September 4, 2020
Don’t discount retail discounters August 21, 2020
My digital detox in a wired world August 11, 2020
Investors should be parking cash in industrial CRE July 30, 2020
The mall needs to be okay July 16, 2020
Options for Lighthouse need to be explored July 9, 2020
Coronavirus claims another victim: SK economy July 3, 2020
The oxymoron of office culture for remote workers June 17, 2020
Fair is fair June 5, 2020
Don’t miss this critical element in CRE investment purchase May 28, 2020
New challenges await social distancing office users May 20, 2020
Navigating difficult client conversations May 7, 2020
May the Fourth be with you April 27, 2020
Industrial will evolve as the preferred CRE asset class April 15, 2020
What might CRE look like after Covid-19? April 9, 2020
My “Negative Attitude” cure for the CRE Professional March 31, 2020
4 ways to show your support for local business March 24, 2020
Note to all Brokerage and Property Management clients and tenants March 16, 2020
3 ways a Buyer’s Broker is a no brainer March 13, 2020
Why the vast difference between insurance, appraised and assessment Values? March 4, 2020
Is there mega concern for megatrends? February 26, 2020
I’m not stretching myself… if I don’t fail February 19, 2020
How risky is your investing appetite? February 11, 2020
On vacation! February 4, 2020
Would you recommend your CRE broker? January 28, 2020
Shining sector re-emerges in YXE commercial real estate January 21, 2020
Is open office right for your business? January 15, 2020
I was off the mark in Q4 2019 Industrial Vacancy Forecast January 10, 2020
What does 2020 have in store for the commercial real estate market? December 31, 2019
On vacation, Merry Christmas! December 25, 2019
Greatest gifts of the past year December 19, 2019
Saskatoon retail continues market expansion December 11, 2019
Saskatoon property owners face tax increase, commercial owners’ shoulder greatest burden December 3, 2019
Balance returns to 50 per cent Saskatoon’s industrial sectors November 20, 2019
Pet business is nothing to bark about November 15, 2019
The art of passionate selling November 7, 2019
Nashville’s Canadian connection October 30, 2019
Agreement for Sale vs Vendor Takeback: which is really better? October 16, 2019
Federal election implications for CRE October 9, 2019
How does MY option to renew work? October 1, 2019
Is an apartment building residential or commercial? September 26, 2019
I want the advisors I engage to challenge me September 18, 2019
Are government employees sicker than the rest of us? September 13, 2019
Alternative solutions to The Lighthouse required September 5, 2019
More than just a place to rest your head August 28, 2019
Unplugged August 21, 2019
Midtown Common erases all signs of Sears August 14, 2019
Now that’s how you throw a music festival August 1, 2019
On vacation! July 24, 2019
Do I have a deal for you July 18, 2019
Maintaining a safe social place of community within a city core July 10, 2019
When time is not on your side July 4, 2019
On vacation! June 25, 2019
What does economically empowering women look like? June 18, 2019
Could a long-term national lease devalue your commercial real estate? June 11, 2019
3 ways to make sure you DON’T lease up a vacancy June 6, 2019
What to know before you buy a business May 28, 2019
Sage advice for the entrepreneur May 22, 2019
A solution to YXE downtown office vacancy May 14, 2019
Disruption to retail, not death May 7, 2019
Long term stability for Saskatoon & Regina’s CRE retail sector April 29, 2019
Can we put a price on landmarks? April 24, 2019
When not to buy commercial real estate April 17, 2019
New Saskatoon arena given priority April 9, 2019
Positive yet mixed signals in Saskatchewan industrial April 2, 2019
Budgeting for success in Saskatchewan March 28, 2019
High density spot zoning creates hardship March 20, 2019
Wasn’t there a Chili’s here yesterday? March 13, 2019
On vacation! March 6, 2019
Another retail bricks & mortar obituary February 26, 2019
Saskatchewan commercial property taxes below average February 20, 2019
What if the shoe doesn’t fit? February 13, 2019
On vacation! February 5, 2019
Lessons learned from a graceful gazelle January 31, 2019
Differences between regional and national commercial real estate broker January 21, 2019
Was I on the Mark in my 2018 Industrial Vacancy Forecast? January 7, 2019
Retail is king for 2018 January 4, 2019
If it’s not -30C to -40C for a week or more, things just aren’t right in my world! December 24, 2018
The Twelve Days of a CRE Christmas December 18, 2018
Navigating your Commercial Mortgage Renewal December 10, 2018
Real estate as a business investment December 5, 2018
On vacation! November 29, 2018
Use your own discretion November 20, 2018
10 questions to ask yourself before considering a career in commercial real estate November 16, 2018
Does Saskatoon want or need Farmers’ Market six days a week? November 5, 2018
Saskatchewan cities enjoy lowest commercial to residential tax ratio October 29, 2018
More visits than residents, Remai Modern enjoys successful freshman year October 26, 2018
Saskatoon industrial vacancy drops October 18, 2018
CRE retail idea that failed miserably…or did it October 10, 2018
What is the Relationship Between Cap Rates & Interest Rates? October 1, 2018
On vacation! September 26, 2018
What’s ideal amount to invest in Commercial Real Estate? September 19, 2018
Convenience store shuffles September 12, 2018
1,000 lease changes later September 5, 2018
Prime retail space elusive in Saskatoon August 28, 2018
Communication Technology: Still Incapable of Replacing In-Person Meeting August 21, 2018
Fun Sin City facts from a real estate nerd August 14, 2018
On vacation! August 8, 2018
Sometimes you’ve got spend a little to make a little (or a lot more) August 1, 2018
Saskatoon industrial market in recovery mode July 24, 2018
Hard tenant truths July 17, 2018
On vacation! July 10, 2018
Time kills deals July 4, 2018
Why we do what we do at ICR June 28, 2018
Fair is fair in the cannabis lotto June 19, 2018
Why you need to engage a Broker to lease your space June 11, 2018
3 ways to tick off your landlord May 28, 2018
Still passionate after 40 years, just getting started! May 23, 2018
H&M swings open their doors to Saskatchewan May 14, 2018
A need for Real Estate regulation changes May 8, 2018
Is Saskatchewan ready for legalized pot? May 1, 2018
Sales: A noble profession April 23, 2018
Does PST matter to local restaurants? April 16, 2018
Solid retail market in Saskatoon April 9, 2018
City of Saskatoon acquires STC land and buildings April 2, 2018
What’s missing from provincial government asset sale discussion March 26, 2018
What’s wrong with SaskTel Centre? March 21, 2018
Saskatoon Office Market Facts You Need to Know March 12, 2018
ABC’s of Leasing: This isn’t going to work March 5, 2018
Where are all the female commercial real estate agents? February 23, 2018
Stonebridge full to the brim February 12, 2018
Suburban Growth vs Urban Densification January 29, 2018
2017 closes with big decline in industrial vacancy January 19, 2018
An open letter to Utility and Service Providers January 2, 2018
The driving force of a corporation December 27, 2017
You’ve got to have some heart in it December 18, 2017
Those special people we are privileged to encounter November 27, 2017
Don’t get caught in a pinch November 21, 2017
Saskatoon still shining November 9, 2017
Inside Anatomy of a Commercial Real Estate Brokerage October 30, 2017
Sears is out but the possibilities are endless October 23, 2017
There’s a pattern here, cyclical vacancy in Saskatoon industrial October 16, 2017
Will remote working kill office? October 10, 2017
Facts about Saskatoon’s Retail Sector October 3, 2017
Calaway Park still thrills after 35 years September 18, 2017
Key benefits of engaging full service Commercial Real Estate firm September 11, 2017
Automating retail convenience September 5, 2017
No cure for the summertime office blues August 21, 2017
Why so shy? The undisclosed buyer August 8, 2017
An argument for municipal controls on architecture July 31, 2017
Are craft breweries the next big thing? July 24, 2017
Will the Commercial Real Estate Broker become extinct? July 18, 2017
Long live the record store July 10, 2017
Why no one’s talking about Regina’s failed office development bylaw July 4, 2017
The Airbnb experience June 26, 2017
YXE Marquis Industrial facts you didn’t know June 19, 2017
3 questions to ask yourself when leasing retail space June 12, 2017
My Personal Experience of “Unplugging” June 5, 2017
What’s in a name? May 29, 2017
3 questions to ask yourself when leasing industrial space May 16, 2017
What you need to know before investing in commercial real estate May 8, 2017
Did you notice Sears no longer has a catalogue? May 1, 2017
Saskatchewan #CRE retail trends you need to know April 24, 2017
Empowering entrepreneurs April 17, 2017
Saskatoon office trends you need to know April 10, 2017
Stability emerging in Saskatoon industrial sector March 27, 2017
Kindersley still a hot spot for SK drilling activity March 20, 2017
A solid case for going Green March 13, 2017
Slower but sustained growth in Saskatoon March 6, 2017
What’s really going on in the Saskatoon Office Market February 27, 2017
Ode to the Mall February 21, 2017
Turn a negative into a positive February 6, 2017
CRE opportunities still exist within the storm January 30, 2017
A diligent dilemma January 23, 2017
What no one tells you about a career in CRE January 16, 2017
Steady as she goes, in Saskatoon CRE January 9, 2017
Four key benefits of contracting a Commercial Broker to find your space January 3, 2017
What went wrong at the Oakland “Ghost Ship” warehouse? December 19, 2016
Federal government introduces responsible new mortgage rule December 13, 2016
Former police headquarters gets new lease on life November 29, 2016
How to leverage your commercial real estate investment options November 21, 2016
Occupancy cost transparency November 14, 2016
Trust: a true measure of integrity November 7, 2016
Changing of the guard October 31, 2016
Hack: Exposing the games CRE buyers play October 24, 2016
One gal’s Manhattan retail reality October 17, 2016
A frank discussion about the open office concept October 11, 2016
Fall brings cool weather, but Saskatoon still warm for retail October 3, 2016
ICR expands international services with JLL strategic partnership September 26, 2016
ABC’s of Leasing: Pitfalls for first-timers September 19, 2016
Deeper issues surround YXE property tax increase September 14, 2016
What is old can be new again September 6, 2016
Three points to consider before choosing your next office August 29, 2016
Hello, I am… Accountable August 23, 2016
Interesting facts about Saskatoon and Regina downtown parking rates August 15, 2016
Salesman, saleswoman or salesperson? August 8, 2016
How has the Employee Ownership Purchase Model worked for ICR? August 2, 2016
We’re on the hunt July 25, 2016
Saskatoon Industrial Facts You Need to Know July 19, 2016
Saskatoon CRE market snapshot July 11, 2016
The elusive turnkey space June 28, 2016
3 Future #CommercialRealEstateTrends to Watch June 20, 2016
The sky is not falling June 13, 2016
What you need to know about the City of Saskatoon’s proposed Office Bylaw June 6, 2016
5 ways to get your commercial property leased May 30, 2016
My Conflict of Interest – An inside story May 24, 2016
Millennials influence commercial real estate developments May 16, 2016
Quality YXE commercial real estate investment assets scarce May 9, 2016
Saskatoon approves Growth Plan to Half a Million May 4, 2016
The Saskatoon Commercial Real Estate Shining Star April 25, 2016
Office options abound April 18, 2016
3 Essential investigations before buying CRE April 11, 2016
Industrial land remains a hot commodity in Saskatoon April 4, 2016
5 Key Benefits of Motel Investing March 28, 2016
The challenges of a sublease March 21, 2016
City of Saskatoon needs to incentivize developers March 11, 2016
Exercising your option February 23, 2016
As Real Estate Brokers we are masters of our own destiny February 16, 2016
What are the odds? February 8, 2016
Is there an economic disconnect between Commercial & Residential Real Estate? February 1, 2016
My commercial property is worth what?! January 19, 2016
Strong Demand for Commercial Investment Real Estate January 10, 2016
Does my site work? January 4, 2016
Saskatchewan Secondary Market Outlook December 21, 2015
How can downtown Saskatoon up their game? December 14, 2015
Impact of 570 new Saskatoon hotel rooms in 2015 December 7, 2015
Exciting stuff on Saskatoon’s CRE horizon November 30, 2015
A couple of things the Ministry of Environment does not like to talk about November 23, 2015
How do changes to Saskatchewan’s Enviro Act affect commercial sales? November 16, 2015
Confidential: For CRE Landlord’s Eyes Only November 9, 2015
Psychology of employees to affect worth of CRE properties November 2, 2015
My wife just turned over 4,000 kms October 26, 2015
Saskatoon’s office, industrial remains competitive October 19, 2015
The Evolution of Retail October 13, 2015
The CRE Termination Clause October 5, 2015
4 Reasons no listing should mean no expectations September 29, 2015
YXE core neighbourhood loses grocery store September 21, 2015
Four Powerful Negotiating Techniques September 14, 2015
University land play September 8, 2015
ICR brokerage launches new in-house education program August 31, 2015
Land on Free Parking? Not in Saskatoon or Regina August 24, 2015
How to create drone video that gets attention August 17, 2015
Cost of doing business August 10, 2015
Definition of a Salesperson August 4, 2015
I’m in the zone July 27, 2015
Quick facts you need to know about the Saskatoon office market July 20, 2015
The good, the bad, and the ugly in CRE July 14, 2015
Key benefits of elevated ceilings July 6, 2015
YXE retail lease rates continue to trend upwards June 30, 2015
You only get one chance to make a first impression June 22, 2015
Only creative developers need apply June 15, 2015
How much does $5K a month get you in Saskatoon’s CRE market? June 8, 2015
Saskatoon Q2 Industrial Market Update June 1, 2015
Competition is good May 25, 2015
What does a YXE “No Door” C.R.E. policy mean to you May 19, 2015
YXE double digit vacancy rates: what’s going on? May 11, 2015
We at ICR do not practice what we preach May 4, 2015
4 reasons an office condo might be right for you April 24, 2015
Five key benefits of commercial real estate investing April 13, 2015
5 ways to best optimize office space April 2, 2015
Four things that your CRE broker may not come out and tell you March 30, 2015
Farnam Block is down, now what? March 24, 2015
5 ways Twitter changed the way I seek information March 16, 2015
Tech tools for all commercial real estate agents March 6, 2015
2015 Saskatoon Commercial Real Estate Forecast March 2, 2015
How big is big enough? February 20, 2015
An Inspirational Work Ethic Story February 17, 2015
Commercial Real Estate Slang February 11, 2015
How we discreetly market commercial real estate without advertising or signage February 2, 2015
Saskatoon CRE: calm waters create unpredictability in real estate market January 26, 2015
ICR grows again January 16, 2015
Goodbye to 2014 January 8, 2015
Clients often ask: What is the busiest time of year? December 22, 2014
What major Saskatoon retail corridor is this? December 15, 2014
Why it was necessary to throw away 18 years of real estate knowledge December 8, 2014
What happens when a tenant goes into default? December 1, 2014
Time to Sell Functionally Obsolescent CRE? November 24, 2014
Saskatoon retail starting to catch up to demand November 17, 2014
You can call me a lot of things but a “Realtor” I am not November 10, 2014
Tenant beware: when a commercial real estate find is too good to be true November 3, 2014
Two Scary but true Commercial Real Estate Stories October 24, 2014
Saskatoon vacancy rates hold steady October 20, 2014
3 Mistakes I’ve Made in Commercial Real Estate October 14, 2014
12 secondary market hotspots in Saskatchewan October 6, 2014
Three important things to know if you wish to renew your lease September 29, 2014
Commercial real estate: What’s zoning got to do with it? September 23, 2014
Complications of dual agency & multiple offers September 15, 2014
Three areas that the most expensive building deficiencies can surface September 8, 2014
Why a seller should prepare & pay for buyer’s due diligence September 2, 2014
No-nonsense parking facts August 25, 2014
Irrelevant what others think it’s worth August 18, 2014
Do we or don’t we? Implications of preserving commercial buildings August 8, 2014
Where to watch for hair growth on CRE investments August 5, 2014
How to tell if you have a binding lease July 25, 2014
Is there a shift taking place in the Saskatoon retail sector? July 21, 2014
Have Saskatchewan commercial real estate values peaked? July 15, 2014
Another one bites the dust… or does it? July 7, 2014
Parking/land ratios crucial to commercial developments June 27, 2014
A solution to balanced commercial urban growth could predict the future June 23, 2014
Deposits make or break deals June 13, 2014
4 reasons why now is the time to sell June 5, 2014
If you read one article about Commercial Real Estate myths read this one May 30, 2014
4 points for a partnership to consider when purchasing an office building May 26, 2014
The great debate: Should I purchase or lease commercial real estate? May 16, 2014
The Psychology of the Negotiation May 9, 2014
A match made in real estate heaven May 2, 2014
4 Reasons you need representation in your lease renewal negotiation April 28, 2014
Social media: fear it or embrace it April 17, 2014
73% of SK Immigration from Asia/Pacific Region April 11, 2014
Does your space measure up April 4, 2014
Mainstream media’s obsession with the equities market March 28, 2014
ABC’s of Leasing: Do I have to read all 40 pages of this lease? March 21, 2014
Should you “low-ball” a Landlord? March 14, 2014
ABC’s of Leasing – Let’s make an offer March 7, 2014
Is there really a benefit to paying a commercial mortgage broker? February 27, 2014
ABC’s of Leasing – How does a Net Lease work? February 20, 2014
Beware of Tenant Strategy: Obtain Possession without Signing Lease February 7, 2014
The Landlord-Tenant Renewal Dance January 31, 2014
Is our focus on commercial real estate cap rates too simplistic? January 24, 2014
Why your Tenant Improvements don’t improve a Landlord’s space January 17, 2014
Marketing Strategy Example for New Development January 13, 2014
Q1 2014 Investment Market Update January 2, 2014
How does an Offer work? December 30, 2013
Should a Seller pay for a Phase I Environmental Site Assessment December 30, 2013
2013 Saskatoon Market Wrap Up December 22, 2013
Record year for Stuart Commercial December 9, 2013

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