Colliers, SVP Scott Chandler in a satisfying role

Colliers, SVP Scott Chandler in a satisfying role

Most people would view going from the top job of president and CEO at one company to senior vice-president at another as a step down. Not so for industry vet Scott Chandler.

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IntraUrban Business Park open for small Vancouver firms

PC Urban is launching Vancouver’s first new industrial strata development in five years with the three-building IntraUrban Business Park. With Vancouver seeing a 30-per-cent decline in its supply of industrially zoned land over the past four decades it presents a rare opportunity for small businesses.

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Calgary apartment market in state of flux

The market outlook for purpose-built apartments in Calgary is in a state of flux following a year that saw rental rates drop and vacancies spike the high level conclusion in SVN
Canada’s “Calgary Rental Intelligence Review” to be released on Feb. 1.

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Major shake-up in Ottawa commercial real estate firms

The Ottawa commercial real estate business witnessed a major shake-up this week as five members of the Colliers International sales team joined Cushman & Wakefield. While the new employees are expected to land new listings right away, Cushman & Wakefield is already involved in the leasing and sales of several prominent Ottawa area properties.

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PortsToronto releases initial sustainability report

PortsToronto recently issued its first annual sustainability report, which details its environmental protection, community engagement and economic performance. “We wanted to take a thorough look at the areas we were doing well, but also catalogue the areas where there is still room for improvement so that next steps can be determined and plans can be developed,” said PortsToronto chief executive officer Geoffrey Wilson.

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Thoughts on 2015 and 2016

Now that 2015 has ended and we begin 2016, we can wonder what lies ahead for this year. Before we take a look at the possibilities, let us review what 2015 produced. A review of the preceding year allows us to look for trends that occurred throughout the year which may hold true in 2016 or create other possibilities.

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Condominiums incubating next rental apartment boom

In Canada, especially in heated real estate markets such as Vancouver and Toronto, pundits are looking at the rush of condominium construction and wondering if this will be bad for the real estate market. Thus far, however, the condominium market has defied expectations and continues to grow.

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My commercial property is worth what?!

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 can outweigh what the market may be prepared to pay.

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Traditional media and the law of singular focus

Examine results from all the traditional media and you’ll find a pattern. Things just aren’t working the way they used to. So how do we make better use of traditional media?

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One year ago: Target’s closure could present spinoff problems

Last week’s announcement Target Canada would close all 133 of its stores will have a bigger impact on landlords than losing income from an anchor tenant, and it’s just one of the pieces of disheartening news in today’s unsettled retail real estate market. Target locations occupy about 20 million square feet of space, and its departure will affect 20 landlords across the country.

Property Biz Canada

Six months ago: Strathallen closes biggest retail deal so far

Strathallen Capital Corp. this month marked what it hopes will be the next stage of its evolution: the purchase of The Shops at Morgan Crossing, which pushes its assets under management to more than $1 billion. The unenclosed, 391,957-square-foot centre is anchored by Thrifty Foods (Sobeys), Winners, London Drugs, Restoration Hardware, Steve Nash Sports Club, Golf Town and PetSmart.

Property Biz Canada

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