ReDev Properties Ltd. recently announced the sale of Whitemud Crossing. This prime retail and shopping plaza is located in Edmonton, Alberta in one of the major areas of the city. It offers approximately 93,300 square feet of retail space, and it was fully leased at the time of the sale. Whitemud Crossing was the first … Continue reading Whitemud Crossing Sale Completed By ReDev→
Shopping malls may have to make some changes to thrive in the coming years. While they are defined as one or more buildings forming a complex with retail stores, walkways and the ability to go from one store to another, they may not be defined in the same way in the near future. For many … Continue reading Where are Shopping Malls Headed in the Future?→
When it comes to commercial real estate, the cap rate comes up in just about every discussion. There’s good reason for this, considering it’s a way for investors to figure out if the investment is a good choice or a bad choice. While the cap rate is important, it should not be the only … Continue reading The Time Value of Money→
Why Retail Investors Should Be Encouraged by the Edmonton Economy?
Retail in Edmonton has remained strong, even through recent economic fluctuations. The following four factors show new growth happening, which should encourage retail investors, and create new opportunities. Find out what’s happening, where the changes are happening, and consider how it may help open up new doors for you as an investor, or bolster … Continue reading Why Retail Investors Should Be Encouraged by the Edmonton Economy?→
Manhattan Retail Struggles, While Edmonton Retail Rises
Since 2014, retail rents in Manhattan have fallen as much as 30%, according to a report from brokerage CBRE. This is just one more sign showing the New York retail market is in trouble. Rents rose nearly 90% from 2010 to 2014, but peaked in 2014 and have been on the decline ever since. While … Continue reading Manhattan Retail Struggles, While Edmonton Retail Rises→
Commercial real estate investments have doubled in Edmonton for the first quarter of 2017. This mixture of capital from funds and individual investors proves how attractive investing in real estate still is for savvy investors. Below are some of the main reasons sophisticated investors are choosing commercial real estate now. Tangible Assets When you invest … Continue reading Why Should You Invest in Commercial Real Estate?→