Commercial Investment Real Estate still in high demand - Calgary, AB
Karen Barry AACI
Executive Vice President, Investment Sales | Leasing | 403.767.9999 | Opinions shared are personal | ?? percent independent thought. See officespaceyyc.com for additional opportunities
It has been a tough couple of years for investors and commercial real estate investment brokers. It appears the environment is beginning to lift off again - not where it left off in during the heady days of 2014, but there is movement. Currently, investors are most interested in income producing assets - in any segment of the market.
At our boutique investment brokerage, we have "DONE" a variety of transactions of late including: a large retail single tenant project along Barlow, development land along Macleod Trail, and an owner user retail/office property in the Beltline area. Our numbers for our firm have been pretty good considering the overall environment of Vendor's holding tightly on to their real estate, and buyers hoovering "waiting" for shoes to drop on pricing! That isn't happening, at least not what Barry Commercial is experiencing from the front line sales perspective. Perhaps moving into 2018, Vendor's will begin to cull some of their assets (certainly would be thrilled to provide those investors with our unique marketing platform to assist them)..... In the interim, we continue to work diligently on the assets we are marketing such as: 4 acre parcel in Symon's Valley area (primed for redevelopment in the near future), Springbank Airplane Hangar (double sized), future development land in Rockyview (several parcels)....and watch for several new opportunities on the horizon with Barry Commercial in the streetfront retail sector, multi family, and high exposure retail owner user opportunity. If you want to be included on our monthly or real time e-program, sent along your email to me directly at [email protected] or call us at 403. 767.9999
Since 2007, Barry Commercial is 'working to earn your business'(r).
Chief Operating Officer (COO)
2 年Hi Karen, It's very interesting! I will be happy to connect.
Commercial Real Estate Investor & Syndicator
7 年Keep positive