“Given where industrial lease rates are at and how valuable the buildings themselves are, industrial development could soon be seen as a viable alternative to preconceived highest and best uses in certain cases.”. Read More. Alberta Commercial Real Estate for sale and lease Find property details and pricing for recently listed commercial real estate properties for sale and for lease in Alberta. Case in point is Amazon’s expansion of fulfillment centres and delivery stations in Ontario. 'Loan to Own Guys' Chase 12% Returns in Distressed Real Estate. However, the office space market did suffer and one hero throughout COVID in commercial real estate has been the industrial market, especially warehouse space. Keep up to date with the UK's latest real estate news with JLL - the perfect source for investors and buyers. rises on strong commercial real estate values 2019.06.03: 112: 63 Canmore, Leduc top list of Alberta's best real estate investment towns 2019.05.03: 135: 62 April house market summary 2019.05.01: 186 April 15, 2020 Ian Johnston, Bisnow Read the Here Are Four Accelerated Technology Trends Impacting The 2021 Commercial Real Estate Market - Forbes and find out a lot of new information with us. Foreign investment in Canadian commercial real estate dropped 70 per cent in the first half of the year amid a scarcity of large portfolios for sale, data from Altus Group Ltd. show. Real Estate News Exchange (RENX) P.O. ... Hey, this is important! Staying on top of the latest commercial real estate news is a full-time job. Owners of retail centres are evaluating the future of retail as well. Read Now More About CBRE. Larimer Square sold to North Carolina real estate firm Dec 15, 2020, 8:08 am MST Denver City Council approves rezoning for 16-story apartment project in RiNo “We’re thrilled to continue expanding our operations in Ontario with our newest fulfillment centres in Hamilton and Ajax,” said Sumegha Kumar, director, Canadian customer fulfillment operations, Amazon Canada. Will Canadian counterparts follow? Independent Bloggers The Tenant Advisor. housing market to remain vibrant through the new year: report . National – National Commercial Real Estate News. Canada News Media provides the latest news from Canada! Canada About Blog Canadian Real Estate Wealth is the leading independent property investment magazine and website in Canada. The office isn't dead yet, even as some companies say they'll need less space, Brookfield says companies are leasing more office space as workers return, Ontario moves to ban commercial evictions, retroactive to May 1. Q4 National Market Snapshot 2020 Although Q4 2020 has brought good news on the vaccine front and removing some of the overall economic uncertainty, we are not in the clear yet and some asset types will take longer to rebound than others. The Barclay Street Real Estate Ltd. report says vacancies rose to 19.5 per cent as about 938,000 more square feet were on the market. What is shocking is how fast and how much they spent online. Associated Press Dec. 24, 2020. A shortage of land and a growing economy fuelled a 47-per-cent surge in the value of commercial real estate sales across British Columbia's Lower Mainland in … With news of vaccines ready to ship, employees are likely even closer to going back to the office. It said by 2018 the vacancy rate could be close to 24 per cent. The COVID-19 pandemic has altered the needs of B.C. It’s likely e-commerce will level off slightly but remain high as consumers have embraced online shopping convenience and ease. 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