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The Saskatchewan Edge
Kelly Macsymic Business Manager, Stuart Commercial Inc., Sales Associate, ICR Commercial Real Estate
Barry Stuart Managing Partner and Senior Sales Associate , ICR Commercial Real Estate

Three essential investigations before buying CRE

Barry Stuart Commercial Transactions National Apr. 18 2016
There are three important due diligence items that should be on your to-do list when purchasing commercial real estate , CRE in any asset class.  I have just resolved that when applicable, my business manager and I will do everything

Industrial land remains hot commodity in Saskatoon

Kelly Macsymic Commercial Transactions Saskatchewan Apr. 13 2016
While building inventory in the industrial sector may be high, demand for industrial land zoned for lots continues. According to the ICR first-quarter report for 2016, the industrial market is stabilizing, but vacant inventory has risen slightly since the final

Five key benefits of motel investing

Barry Stuart Commercial Strategy National Apr. 5 2016
During my commercial real estate career, I have had the opportunity to represent many different motel buyers and sellers throughout Saskatchewan. I find these assignments rewarding in a number of different ways.  The hospitality industry simply seems to attract good

The challenges of a sublease

Kelly Macsymic Commercial Leasing Saskatchewan Mar. 28 2016
We as agents often take for granted that tenants and landlords understand the terms that relate to leasing and selling commercial real estate. One such common clause is that of subleasing. It’s important that both parties in the lease agreement

Exercising an option to renew

Kelly Macsymic Commercial Leasing National Mar. 4 2016
Many commercial real estate leases will include an option to renew clause. Like all clauses in a lease, this one is bound by some pretty specific rules that have important consequences for both the landlord and tenant. Identifying terms The option

Real estate brokers masters of our own destiny

Barry Stuart Commercial Brokers National Feb. 24 2016
As self-governing, quasi-judicial bodies, we in organized real estate were charged with the responsibility of determining how the public would be served by our industry. This was not a responsibility that came easily. It came about only after local and provincial real estate

Is Saskatoon real estate still a good bet?

Kelly Macsymic Commercial Market Trends Saskatchewan Feb. 16 2016
I’m not much of a gambler, but I’m game to make a few wagers on the immediate future of commercial real estate in Saskatoon. I still thinking putting money in our market is a safe bet, but there are some

An economic disconnect between CRE and residential?

Barry Stuart Residential Market Trends National Feb. 6 2016
Whether there is a tangible disconnect between commercial and residential real estate is difficult to say. It can be common to see strength in one sector and not in the other. Let’s explore some of the factors that come into

My commercial property is worth what?!

Kelly Macsymic Commercial Transactions National Jan. 23 2016
Like so many material things in the world, the value of commercial real estate can often be in the eye of the beholder. There are two sides to this story; the hard truth is, the value to an owner user

Conference Board may be overly optimistic

Barry Stuart Commercial Market Trends National Jan. 20 2016
Traditionally, the general economic activity affecting Saskatchewan’s commercial real estate industry is impacted by three main outputs: agriculture, energy and potash.  The Conference Board of Canada’s forecast of two per cent GDP growth in 2016 is based on a resumption of

Strong demand for investment CRE

Barry Stuart Commercial Market Trends National Jan. 11 2016
In a couple of my earlier blog posts: “Five key benefits of commercial real estate investing” and “Mainstream media’s obsession with the equities market” I discussed why commercial real estate is a viable investment vehicle. It is surprising to some

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