Whitemud Crossing Sale Completed By ReDev

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

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Where are Shopping Malls Headed in the Future?

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?

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The Time Value of Money

  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

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ReDev Properties Ltd. and its President Richard Crenian Announces the Closing of Whitemud Crossing

TORONTO, June 19, 2017 /CNW/ – Richard Crenian, President of ReDev Properties Ltd., is pleased to announce the closing of the sale of Whitemud Crossing located at 4211 106th Street, Edmonton Alberta. A national real estate brokerage firm was used as the broker for the vendor. Whitemud Crossing, purchased in 2005, has over 93,300 square … Continue reading ReDev Properties Ltd. and its President Richard Crenian Announces the Closing of Whitemud Crossing

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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?

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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

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Why Should You Invest in Commercial Real Estate?

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?

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Why Retail & Commercial Investments Are Performing Well, Despite Economic Challenges

Drastic increases have been seen in the volume of commercial real estate sales in Edmonton over the past year, with retail properties showing a strong performance. Even with the Alberta economy taking a hit in late 2014 when oil prices dropped, commercial and retail investments continue to perform well. In late 2014 thousands of employees … Continue reading Why Retail & Commercial Investments Are Performing Well, Despite Economic Challenges

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ReDev Properties’ Richard Crenian Helps Raise Money in Support of Baycrest

The Scotiabank Pro-Am Hockey Tournament always sees a big turnout, especially when ReDev Properties’ president Richard Crenian takes to the ice. This event is hosted every year to help raise fund for Alzheimer’s in support of Baycrest. The Participants Teams were drafted and included 27 NHL Alumni players this year, including Lanny McDonald, Paul Coffey … Continue reading ReDev Properties’ Richard Crenian Helps Raise Money in Support of Baycrest

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Richard Crenian joins 12th Annual Scotiabank Pro Am Alzheimer’s Tournament in support of Baycrest

  TORONTO, May 10, 2017 /CNW/ – This past weekend, Richard Crenian, president of ReDev Properties Ltd. participated in the 12th Annual Scotiabank Pro-Am Hockey tournament for Alzheimer’s in support of Baycrest. The tournament is held in May each year and Crenian has regularly attended for the past decade. Participating teams drafted and were joined … Continue reading Richard Crenian joins 12th Annual Scotiabank Pro Am Alzheimer’s Tournament in support of Baycrest

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Life doesn't get easier or more forgiving, we get stronger and more resilient.
- Steve Maraboli
The greatest glory in living lies not in never falling, but in rising every time we fall.
- Nelson Mandela
Life doesn’t get easier or more forgiving, we get stronger and more resilient.
- Steve Maraboli
The greatest glory in living lies not in never falling, but in rising every time we fall.
- Nelson Mandela