How to de-risk your spec CRE build

As a brokerage, we track existing and new developments in each commercial sector and thereafter advise clients when and what to build.

For this discussion I’m going to focus on the Saskatoon industrial market.

As a brokerage, we track existing and new developments in each commercial sector and thereafter advise clients when and what to build.

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Evolving conversation on open office

It’s interesting how business philosophies can evolve.

When I joined ICR 25 years ago, everyone had individual offices.  You rarely saw a closed door but each of us had our own space.

Our company culture has always been open and collaborative.

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4 Reasons to engage a chess player to guide your CRE strategy

We navigate an increasingly complex industry.

When I engage a professional, I expect them to listen to my requirements and establish a strategy to fulfill those requirements and needs.

That could mean preparing me for potentially different outcomes and/or establishing a strategy that results in exceeding my expectations.

Much like the game of chess, strategy plays a huge factor in my odds of success.

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Your space is a reflection of your business

Have you ever entered a business that turned you off so quickly that you couldn’t wait to exit?

This happens all too often in the retail and service industry.

What message is your space presenting to potential clientele?

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Permanent pandemic practices for the good

Saskatchewan has entered step three of our reopening plan and most restrictions from public health orders have been lifted.

But does that mean we should all go back to business as usual?

I think there are a few pandemic measures we could all just continue with.

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Buyer beware of often onerous commercial mortgage process

As a Commercial Real Estate Broker, it’s my job to prepare my clients.

Typically, there is a process they will need to go through to complete a lease or purchase.

The purpose of my focus here is to provide an overview of the steps necessary to mortgage commercial real estate.

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Vacancy does not equate to desperation

It’s easy to get skeptical about leasing commercial real estate with all the media reporting business doom and gloom during the pandemic.

Well I’m here to tell you, not only is their rising hope on the horizon but things aren’t near as dicey as some think.

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Agents need to stay in their own real estate sandbox

In many larger jurisdictions, commercial brokers focus on one asset class such as office, industrial or retail.

They do that because they know that to service their clients, it’s necessary to have a high degree of knowledge in one area.

In Saskatchewan we do not have that luxury.

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Moe’s plan to re-open SK for business

Saskatchewan’s premier Scott Moe is optimistically eying reopening our province (again) to business despite some of our neighbouring provinces tightening down.

As much as I strongly believe safety is a high priority, I also believe salvaging our economy is just as important.

So what does Moe’s re-open plan mean for business?

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