News
Commercial Land Values are on the rise
Commercial real estate sees record-breaking Canada-wide land rush. In Waterloo Region, in 2008, it cost $80,000 an acre to buy a vacant 28.5-acre site zoned for future industrial development. Demand for commercial land then soared, and a decade later, similar...
Amazon effect on Industrial Real Estate
Amazon is buying all the warehouses Share Amazon's insatiable hunger for warehouses has caused rents for industrial space to rocket around the world. The retail colossus now has some 410 million square feet of warehouse and distribution space, reports Quartz — double...
Warehouse space seen running out in Canada by the end of this year
While a near-record 26.1 million square feet (2.4 million square meters) of logistics real estate is under construction, much of it is already leased, according to a report released by commercial-property brokerage CBRE Ltd. And with vacancy rates for existing...
Center Point Mall to be redeveloped
Toronto's brick-and-mortar retail landscape has suffered immensely with the rise of online shopping and exponentially more during the pandemic, and it looks like the thirst for new housing could soon bring about the end of a shopping mall that's been a North York...
Warehouse & Industrial Real Estate
Logistics, warehousing and fulfillment are the clear winners this year. This segment of industrial real estate has remained resilient throughout the pandemic—in large part because of a surge in demand from e-commerce, food delivery services, home improvement retailers...
Office space lease rates increasing, despite vacancies
Canada’s average office vacancy rate has increased by a staggering 33 per cent since the start of the pandemic, several factors point to the resilience of the sector, real estate experts say. The shift to remote work has helped propel Canada’s office vacancy...
NOI – Calculation when buying a Toronto Commercial Building
NOI calculation assists in the Buying of a Commercial Real Estate Property or Toronto Investment Property; How to Calculate Net Operating Income
Blackstone is now the largest Industrial Property Owner in the World
Blackstone has become the largest warehouse owner in the world. The US based P E major who has made big #RealEstate bets recently has a razor focus on Industrial. At the end of 2020, Blackstone owned over 1.2 billion square feet of Industrial space. To put that in...
Should a Buyer Sign an Exclusive Contract With a Real Estate Agent?
Tips for Signing an Exclusive Contract with a Real Estate Agent Why Agents Want an Exclusive Buyer Agreement A Buyer’s Agent Agreement Benefits the Buyer A Contract Should Be Bilateral Tips for Negotiating an Agreement How to Find a Good Buyer's Agent The...
Net Rent explained
Single vs. Double vs. Triple Net Leases: An Overview A triple net lease (NNN) helps landlords reduce the risk of a commercial lease. A triple net lease is one of three types of net leases, a type of real estate lease where a tenant pays one or more additional...