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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

Those special people we’re privileged to encounter

Barry Stuart Commercial Executives National Nov. 30 2017
From time to time, we get to work with individuals who leave unforgettable impressions on us. Take a moment, think back and recall someone whom you would have liked to have spent more time with. It could be for many

ABC’s of leasing: Don’t get caught in a pinch

Kelly Macsymic Commercial Leasing National Nov. 23 2017
In an ideal universe, tenants could plan ahead and leave themselves enough time to complete a comprehensive commercial real estate search. They wouldn’t feel pressured to take space that isn’t quite right or doesn’t entirely suit their needs. But it

Saskatoon still shining brightly

Kelly Macsymic Commercial Market Trends Saskatchewan Nov. 14 2017
I used to smirk a little every time former mayor Don Atchison found a way to work in the “Saskatoon Shines” message into public speeches. But I’m drinking the Kool-Aid and on-board these days with repeating something he was fond of

Anatomy of a commercial real estate brokerage

Barry Stuart Commercial Brokers National Nov. 2 2017
On a recent Friday our Saskatoon ICR crew travelled to Regina to experience the shiny new Mosaic Stadium and support our Riders’ 37 -12 defeat of the Alouettes. Although not the point of this story, I have to say it’s

Sears is out, but CRE possibilities are endless

Kelly Macsymic Commercial Leasing National Oct. 31 2017
Sears Canada has finally pulled the plug, granted permission on Oct. 13 by the courts to start liquidation of the company’s remaining stores. This includes job losses for more than 12,000, many of whom have helped served generations of Canadian

There’s a pattern to Saskatoon’s industrial vacancy rates

Barry Stuart Commercial Market Trends Saskatchewan Oct. 24 2017
Our latest 3Q17 market report shows a very slight increase of 10 basis points to 8.1 per cent in Saskatoon’s overall industrial vacancy rate. This very marginal change does not alter our belief this market has stabilized. Both Marquis and

Will remote working trend kill the office market?

Kelly Macsymic Commercial Strategy National Oct. 12 2017
Advances in technology and networking have allowed a number of companies to offer employees the option to work remotely from home. During my ongoing cold calling of downtown office tenants I hear this trend come up often. Will the adoption

Calgary’s Calaway Park still thrills, 35 years later

Kelly Macsymic Commercial Strategy Calgary Sep. 19 2017
I spent this past Saturday enjoying the sights and sounds of Calgary’s entertainment wonderland, Calaway Park. Not much has changed since my last visit more than 20 years ago, which though nostalgic also led me to wonder, “Why?” By most

Making grocery shopping more convenient since 1974

Kelly Macsymic Commercial Proptech National Sep. 7 2017
I’m about to really date myself here, but as a kid do you remember going to the grocery store and watching the cashier type each item into a till? Bar code scanning changed many business practices, but none more significantly

Slow improvement in Saskatchewan office markets

Kelly Macsymic Commercial Market Reports Saskatchewan Aug. 24 2017
People often ask me if Saskatoon has lulls or slower periods in commercial real estate sales and leasing. My typical response is that we tend to be busy year-round. However, summer can sometimes slow down with clients taking holidays from

Why so shy? The undisclosed buyer

Kelly Macsymic Commercial Transactions National Aug. 17 2017
Most commercial real estate transaction are negotiated between parties with full disclosure as to the identity of each party. So why do offers from buyers sometimes come in undisclosed? I don’t work with the Disney Corporation’s real estate division (I

An argument for municipal controls on architecture

Barry Stuart Commercial Design National Aug. 3 2017
We as professionals in the commercial real estate industry can be known to talk out of both sides of our mouths. There is no question almost every stage of real estate development has become more complex. I often hear frustrated

Craft breweries: The next big thing

Kelly Macsymic Commercial Shopping Centres National Aug. 1 2017
What do craft breweries and frozen yogurt have in common?  Both industries enjoyed strong entry into the Saskatchewan market and made an impact in the commercial real estate landscape. The question is will craft breweries melt as quickly as the frozen yogurt

Will the commercial real estate broker become extinct?

Barry Stuart Commercial Brokers National Jul. 20 2017
With the pace of technological change accelerating, it is not reasonably possible for businesses to plan further than five years into the future. We like to think we know, however, the change that is coming upon us is so rapid

Long live record stores: Sunrise rises from HMV’s ashes

Kelly Macsymic Commercial Market Trends Saskatchewan Jul. 18 2017
The Buggles famously sang “Video Killed the Radio Star” but streaming hasn’t put the final nail in the bricks and mortar music business just yet. It looked like the end was near when HMV Canada announced it would be closing

Regina’s office development policy would fail in Saskatoon, too

Barry Stuart Commercial Market Trends Saskatchewan Jul. 11 2017
I had the pleasure of moderating the office panel at the Saskatchewan Real Estate Forum in April. One of the topics that seemed to “gather legs” during our discussion was Regina’s current office development policy, as it relates to Saskatoon’s

Pros and cons of the Airbnb experience

Kelly Macsymic Residential Market Trends National Jun. 29 2017
There are a number of pros and cons when it comes to an Airbnb experience. Having just used one in Toronto this month, here’s my personal experience. Would I recommend it? Sure, I like a deal and I’m willing to

Some facts about Saskatoon’s Marquis Industrial area

Barry Stuart Commercial Market Reports Saskatchewan Jun. 27 2017
Up to and including June 13, only five building permits have been issued within the Marquis Industrial area since Jan 1. There were four permits issued during the month of April. Spring is typically the season in which we see the

Three questions to answer when leasing retail space

Kelly Macsymic Commercial Shopping Centres Saskatchewan Jun. 15 2017
Leasing commercial retail space can vary by development but there are some fundamentals most tenants in this sector should take into consideration while shopping around. Park it here There are a number of items you can change about commercial space

My experience with ‘technology-free Sundays’

Barry Stuart Commercial Executives National Jun. 6 2017
It’s not hard to find opposing opinions on the philosophy of disengaging from technology, nor is it possible for me to say what’s right for you. My wife and I have experimented for a month now with “technology-free Sundays.” Our

What’s in a building name?

Kelly Macsymic Commercial Transactions Saskatchewan Jun. 1 2017
What do the Chrysler Building, Empire State Building and Rockefeller Center have in common? The iconic New York City buildings are all recognizable by name alone. They are examples of commercial real estate known throughout the world whether you’ve physically seen them or not. How

Three questions to ask when leasing industrial

Kelly Macsymic Commercial Leasing National May. 18 2017
Even the most seasoned tenant can miss some pretty vital points when investigating new space.  It’s certainly more challenging for new businesses that have not previously occupied commercial real estate. Here are a few tips to look out for that

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