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 Saskatchewan Edge

Empowering entrepreneurs in Saskatchewan

Kelly Macsymic Commercial Executives Saskatchewan Apr. 20 2017

Seeing a business plan grow from a dream to a reality is not for the weak of heart. Financing and strategy necessitate accessing the best advice to develop a sound concept. Part of our role as agents is to educate

Kindersley remains a hot spot for Saskatchewan oil drilling

Kelly Macsymic Commercial Market Trends Saskatchewan Mar. 29 2017

Despite a rough patch for oil in 2016 activity actually increased in Kindersley, one of Saskatchewan’s growing secondary markets. The town has a population of 5,628 people but trades as a hub for more than 40,000 surrounding residents. The town’s

Slower but sustained growth in Saskatoon

Kelly Macsymic Commercial Market Trends Saskatchewan Mar. 7 2017

With a certain weaker economy currently in play, the City of Saskatoon has released their newest projections for growth in Saskatchewan’s largest urban municipality. While the gain may come more gradually than it has in the past few years of

What’s really going on in the Saskatoon office market?

Barry Stuart Commercial Market Trends Saskatchewan Mar. 2 2017

Just as it is not possible to generalize about the state of any commercial real estate market, we need to provide some detail to accurately illustrate what’s going on in the Saskatoon office market. It’s easy to say the downtown

Steady as she goes, in Saskatoon CRE

Kelly Macsymic Commercial Market Trends Saskatchewan Jan. 24 2017

ICR has collected the fourth quarter results for Saskatoon for 2016 and though commercial vacancy remains higher than average in some sectors, overall the numbers have not changed drastically over the past year. Office options plentiful The current available vacancy is

Federal government introduces responsible new mortgage rule

Barry Stuart Residential Financing National Dec. 15 2016

October 17th the Liberal’s new mortgage rule requires that anyone applying for an insured mortgage must qualify at the Bank of Canada’s five-year fixed rate of 4.64 per cent. I rarely write about matters that relate to residential real estate. I have

Former police headquarters gets new lease on life

Kelly Macsymic Commercial Redevelopment Saskatchewan Dec. 1 2016

Saskatoon City Council has approved the sale of the former municipal police headquarters building on 4thAve S and now the work will begin for us. Originally built with a uniquely specific purpose, this property is going to get a new

Occupancy cost transparency

Kelly Macsymic Commercial Leasing Saskatchewan Nov. 17 2016

In commercial real estate leasing the landlord can fully recover the hard costs associated with operating the building from the tenants. These expenses are most commonly referred to as occupancy or operating costs. Most leases will allow for tenants to

One gal’s Manhattan retail reality

Kelly Macsymic Commercial International Oct. 23 2016

I was fortunate to take in a last minute trip to New York this month. As a first-timer to the Big Apple I had a list of things I wanted to see and do. Like many women, I craved the

A frank discussion about the open office concept

Barry Stuart Commercial Co-Working National Oct. 19 2016

There has been much written about the benefits of the “new” open office concept. On the other hand it’s not difficult to find articles which state the open office concept has been proven to not be effective. The truth is

Hello, I am … accountable

Kelly Macsymic Commercial Executives National Sep. 7 2016

Accountability is defined as the fact or condition of being accountable; therefore, responsible. I think it’s a word that is thrown around without much consideration for the consequence of the potential expectation created. Why now? I have been drawn to

Facts about Saskatoon and Regina DT parking rates

Barry Stuart Commercial Market Trends Saskatchewan Aug. 22 2016

We hear much discussion about the lack of downtown parking options. Fueling that discussion in both Saskatoon and Regina are the varied opinions about the pros and cons of bike lanes and their impact when parking stalls are eliminated to create

Salesman, saleswoman or salesperson?

Kelly Macsymic Commercial Labour National Aug. 13 2016

A few weeks ago, I was searching for a photo to accompany an earlier blog post. It didn’t surprise me, but it was a little disheartening to find that images of female real estate agents were hard to come by.

The employee ownership model at ICR: Pros and cons.

Barry Stuart Commercial Labour National Aug. 4 2016

In an earlier, January 2015 blog post I discussed the Employee Purchase of ICR. Nineteen months have passed since that announcement; let’s try and take an objective look at the pros and cons of this method of selling a business. I

Saskatoon industrial facts you need to know

Barry Stuart Commercial Market Reports Saskatchewan Jul. 27 2016

We provided you a quick overview of our Saskatoon commercial real estate industrial, retail and office markets last week. Let’s now take a closer look at the industrial sector. (Graph: ICR’s adjusted vacancy best reflects the current market conditions as

The elusive turnkey space

Kelly Macsymic Commercial Leasing National Jul. 20 2016

There are a multitude of office listings for lease in our market so why is it so hard to find a glove-fit for tenants? Purpose matters The past use of a space can often deter future use for tenants shopping

3 future #CommercialRealEstateTrends to watch

Barry Stuart Commercial Market Trends National Jun. 22 2016

There have been many advancements over the past 20 years in commercial real estate trends and technology that have changed the way I work. We are able to provide our clients with relevant data which allows them to make better

The sky is not falling in Saskatoon

Kelly Macsymic Commercial Market Trends Saskatchewan Jun. 22 2016

I had a conversation with a small contractor this week whose view of the commercial real estate market was a little off to me. He indicated that landlords should be bowing to tenants and taking whatever offers they can, given

5 ways to get your commercial property leased

Kelly Macsymic Commercial Strategy National Jun. 13 2016

Location and demand stand out as the major leasing drivers of commercial real estate however they are not the only factors. Here’s a few tips I share with landlords to help their properties shine above the competition. Spick and span

My conflict of interest confession

Barry Stuart Commercial Leasing National May. 30 2016

There is an old saying: “You can’t really understand another person’s experience until you’ve walked in their shoes.” This certainly hit home for me when I unexpectedly found myself in a situation, taking an action as a real estate broker

Quality YXE commercial real estate investment assets scarce

Barry Stuart Commercial Market Trends Saskatchewan May. 25 2016

Many people I speak to are surprised to learn we have such a high demand for investment product in Saskatchewan. I am quite often asked the question (possibly due to the high vacancy rate in the industrial and office sectors) whether

Saskatoon’s commercial real estate shining star

Barry Stuart Commercial Market Trends Saskatchewan May. 11 2016

A common question asked in conversation is: “how’s the market?” It’s difficult to provide a one-sentence response to that question. We’ve already reported the rather dull current status of the Saskatoon office and industrial leasing markets. We do have a strong demand

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