Movies for commercial real estate nerds

After a hard day of knocking on doors and grinding out deals, how do commercial real estate agents relax?

By sitting down and watching films about our industry like the nerds we are. Or is it just me?

Here are a few I recommend checking out…

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3Q20 industrial vacancy rate improves over last quarter

Although Saskatchewan’s GDP is projected to decrease by 5.5 per cent in 2020, our latest quarterly industrial market survey shows the industrial vacancy rate in Saskatoon has dropped.

A remarkable fact when you consider the financial hit that our economy has just endured due to the pandemic.

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The line is drawn between easements & encroachments

I have a pretty wide range of expertise as a commercial real estate professional.

I’m not an engineer, electrician, or city planner, but I need to understand some working knowledge in all these areas (and others) to properly advise my clients.

An issue that comes up pretty regularly in our world is dealing with easements and encroachments on properties.

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First to close and last to open

It feels like 2020 has been the longest year on record for everyone.

Things are hardly back to normal by any standard, but it has been encouraging to see the buzz of back to school shoppers and the community embracing dining out again.

As we enter the last quarter of the year, it’s important to remember that there are some industries stuck in limbo, such as any facility that hosts crowds.

What does the future hold for entertainment venues?

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Selling is a form of art

Therefore, salespeople could be considered artists. Here’s an example of what I mean.

With a total of seven partners within our brokerage division, we have a bit different business model at ICR. Our new licensed associates are mentored collectively by the partnership.

When they’re seeking solutions for an assignment, an apprentice is encouraged to request input from a few partners.

We then suggest they take that input and craft a solution that they can call their own.

It’s kind of like art and it’s an empowering process!

It’s interesting how we can all have a different strategy to move to the next step.

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For instant fun, just add water(slide)

We had a pretty typical summer in Saskatchewan this year amid atypical times.

We got just enough heat in July to start complaining about it and a few outdoor pools opened despite the pandemic.

When I was a kid, waterslides were the staple of a good time for summer fun.

Those seem reserved for hotels now as outdoor waterslide parks seem to have gone the way of the dinosaur, but why?

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Don’t discount retail discounters

Price slashing. Mark downs. Lower prices. Discounted goods.

The word discount conjures up a variety of value for many consumers.

Discount is a deduction from the usual cost of something.

The irony of that rationale is by who’s standard is the cost of something?

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My digital detox in a wired world

What’s my definition of a digital detox? To me it means no screen time.

Screens include my computers, laptop, smart phone and televisions. I happened to grow up before the video game craze so that one’s not on my list.

Studies show that much of society today is addicted to digital. I could very well be included in that group!

I’ve experimented with withdrawing from use of electronics for a day in the past; I decided to make it a once a week, permanent habit early this year.

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Investors should be parking cash in industrial CRE

In spite of the negative economic impact of COVID-19, the sale and lease activity within our existing industrial market continues.

The vacancy rate has risen marginally by 0.12 per cent to 5.86 per cent, according to our recent Q2 market report.

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