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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

The art of passionate selling

Barry Stuart Commercial Buying and Selling National Nov. 11 2019
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 deal! I started my career in real estate sales when I was 20 years old and to

Agreement for sale vs. vendor takeback: Which is better?

Barry Stuart Commercial Strategy National Oct. 21 2019
With commercial mortgage rates at historic lows and a good availability of funds, we don’t see too many occasions where alternative finance options such as an agreement for sale, or a vendor takeback, are used. There are, however, times when

Federal election has major implications for CRE sector

Kelly Macsymic Commercial Taxes National Oct. 11 2019
It seems like just yesterday that Justin Trudeau shocked Western Canadians 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

How does the option to renew in my lease work?

Barry Stuart Commercial Strategy National Oct. 3 2019
What if it was represented to you that you have an option to renew your lease and there is a specific clause which spells out details of that option? Can that clause effectively achieve what you intend it to? Let

Is an apartment building residential or commercial?

Kelly Macsymic Residential Transactions National Sep. 30 2019
Technically, I suppose an apartment building could be considered both residential and commercial. Though they may exist in traditional residential zoning, apartment buildings absolutely qualify as a commercial investment. Here’s why. As commercial real estate agents, we use multiple approaches

I want the advisors I engage to challenge me

Barry Stuart Commercial Human Resources National Sep. 23 2019
I started writing my blog to increase my social media footprint. While it has helped, it’s no longer my purpose. Rather, I now enjoy expressing my thoughts on issues that pop up during my week. It’s usually something that has

Is a healthy workplace impacting gov’t employee sick days?

Kelly Macsymic Commercial Sustainability National Sep. 18 2019
Too sick for work can be a subjective term. I must admit I’ve pushed the limits and found myself exiled from the office on more than one occasion for coming to work when I should legitimately be at home. I

Hotels more than just a place to rest your head

Kelly Macsymic Commercial Market Trends National Aug. 29 2019
The modern hotel concept sprang up in Europe around 1768. Before hotels, travellers pitted-in at coaching inns which tended to the needs of the traveller and their livestock. Travel was considerably less common due to restriction of time and distance

Unplugged: A true vacation ‘away’

Barry Stuart Commercial Executives National Aug. 23 2019
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. First, my definition of unplugged, which can mean different things for

Saskatoon’s Midtown Common erases all signs of former Sears

Kelly Macsymic Commercial Shopping Centres Saskatchewan Aug. 16 2019
“I think we’re eating in linens right now,” I said casually to my mom recently. We were taking in the tastes offered by Saskatoon’s Midtown Common, the new Midtown Plaza food court located in the Sears vacancy. Any semblance of

Now, that’s how you throw a music festival!

Kelly Macsymic Commercial Development National Aug. 9 2019
It isn’t a summer music festival unless you’re trudging around in the mud. At least that’s what Craven organizers over the years have led us to understand. But, what if I told you that isn’t the case everywhere? What if

Do I have a deal for you

Kelly Macsymic Commercial Investors Saskatchewan Jul. 22 2019
There are many real estate investors who wish they’d gotten into a market just 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

Vibrant city cores require safe community gathering places

Barry Stuart Commercial Market Trends National Jul. 12 2019
The vibrancy of a city’s core creates the fabric of the community. A safe downtown gathering place provides an ambiance that reverberates throughout the city. Who decides the definition of “safe”? It’s a subjective word that might have different meaning

Getting a CRE deal done when time isn’t on your side

Kelly Macsymic Commercial Transactions National Jul. 8 2019
A focus on deal timelines is a necessary evil in our commercial real estate world. They are the threads that bind conditional lease and sale transactions. But what happens when issues arise which are beyond your control and negate those

What does economically empowering women look like?

Kelly Macsymic Commercial Executives National Jun. 21 2019
Specifically speaking, the impact of economically empowering women depends on where you live on this earth. Globally there are still approximately 2.7 billion women restricted from doing the same jobs as men. But that’s not necessarily true in North America,

Could a long-term national lease devalue your CRE?

Barry Stuart Commercial Leasing National Jun. 12 2019
We were recently called in to value and market a single-tenant property with an existing lease in place. The tenant had been granted an option to renew during the most recent renewal negotiations. I informed the owner we would have

Three ways to ensure you DON’T lease up a vacancy

Kelly Macsymic Commercial Leasing National Jun. 7 2019
Oh sure, everyone has ideas about how to get a space leased up. But when is the last time someone made a list about how not to get a space filled? Wait no more, landlords, I have a list as

Sage commercial real estate advice for entrepreneurs

Kelly Macsymic Commercial Leasing National May. 23 2019
As I looked into the eyes of a classroom of entrepreneurs last week, I wondered what wisdom I could impart. My first thought was, good on you. You’ve found a passion and you want to share it with the world!

A solution to Saskatoon’s downtown office vacancy

Barry Stuart Commercial Market Trends Saskatchewan May. 15 2019
As reported in our first-quarter Saskatoon office survey, we currently have over 400,000 square feet, or 16.7 per cent vacancy, in our competitive Saskatoon downtown office market. Those numbers include the vacancy within River Landing’s 185,000-square-foot East Tower, which is

Retail experiencing disruption, not death

Kelly Macsymic Commercial Shopping Centres Saskatchewan May. 8 2019
It’s easy to see the bad-news stories about bricks-and-mortar stores shuttering from the overwhelming move of consumers to e-commerce. But I don’t think this form of retail will ever die completely. Rather, there is a disruption to the way we’ve

Long-term stability the story in Saskatoon, Regina retail

Barry Stuart Commercial Market Reports Saskatchewan May. 2 2019
While both the industrial and office sectors have displayed somewhat volatile vacancy rates during the past five years, the retail sector in both Saskatoon and Regina has consistently performed well. Aside from Regina straying slightly over four per cent in

Can we put a price on landmarks such as Notre-Dame?

Kelly Macsymic Commercial Property Management Apr. 26 2019
Our Lady of Paris, the literal translation for Notre-Dame de Paris, has received an outpouring of public sympathy following a devastating fire last week. Having seen Notre-Dame in person, I can tell you it’s something at which to marvel. The

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