The overall Saskatoon vacancy rate has been trending lower
since its peak in 2016. Our Q319 Industrial Market survey reports an overall
current vacancy rate of 6.04 per cent.
That one number does not, however, reveal the complete story.
I consider a rate under 5 per cent to reflect a relatively
How close are the eight submarkets to regaining balance?
Here’s an overview along with the factors that are important to consider surrounding that question.
As a commercial real estate broker/advisor, the type of
assignments I take varies significantly.
They’re never boring; there’s a different nuance to every
I started my career in real estate sales when I was 20 years
old and to this day, still find it immensely rewarding when a client’s goals
are met through a closed transaction.
It seems like just yesterday that Justin Trudeau shocked
Westerners with a decisive victory in the 2015 federal election.
However, it’s been a brisk four years and now everyone’s
hitched back up on the old campaign trail.
As is the season, all parties are setting their plans
forward for Canadians should they get a chance to lead.
I may have to read between the lines a little, but is there
anything in these election promises for the commercial real estate industry?
It was represented to you that you have an option to renew.
There is a specific clause in your lease that spells out
details of that option to renew.
However, can that clause effectively achieve what you intend
Inspired after watching a TEDx video this spring by Chris Bailey, I was determined to unplug during my summer vacation.
Here’s my experience after just having returned from that time away.
“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.
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.
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.
There are important elements to consider when reviewing a business with the intent to purchase.
Taking the time complete a thorough investigation is critical to discover the hidden facts.