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A Message for September.
The Calgary industrial real estate market may now be considered 'balanced', and is relatively healthy compared to most North American markets. The cautious optimism for the Alberta economy has resulted in a modest increase in industrial leasing activity since early 2010. Some developers are seriously considering new projects to get underway over the next year but no commitments have been made to date. The Alberta unemployment levels have not begun to decrease and until we see net growth in employment, the demand for industrial space will remain muted. Industrial headlease (direct lease) rental rates have stabilized and can expect to gradually creep upwards as vacancy gets absorbed. With this highly dynamic market, never has it been more important for tenants, buyers and sellers to work closely with their real estate professional. This will ensure you get the space needed for your business or for your next development, project, and for owners or sellers, I will maximize the income or return on your investment property.
About Us.
Ed Dorosz has been assisting commercial real estate clients in the greater Calgary area since 1999. Ed specializes in leasing and sales of industrial real estate (distribution centres, manufacturing facilities, R&D 'industrial-office' flex-type space, general warehouse space), suburban office properties, development land and real estate investment sales. With over 30 years of business experience, he has worked with most major developers and has leased and sold space to national, regional and local companies.
Ed Dorosz Avison Young Commercial Real Estate Gulf Canada Square, Suite 309 401 - 9th Avenue, SW Calgary, Alberta T2P 3C5
Direct Tel: (403) 232-4316 Main Tel: (403) 262-3082 Toll Free: (1-800) 708-4778 Fax: (403) 262-3325 Email: Ed@CalgarySpace.com
CANAROPA moves to modern showroom facility Calgary - Saturday, September 04, 2010: After 20 years at it old Airways warehouse, CANAROPA has leased a new 9,200 sf showroom and warehouse in Horizon Industrial. Canaropa's Calgary manager Shawn Brady states that "the company can now expand its hardware product lines, display them properly and have an efficient and lower cost warehouse operation to better serve its growing customer base. The move was long overdue, but now we have the capacity to grow the business more profitably". Canaropa's facility was built by Hopewell Development Corp. and leased by Ed Dorosz of Avison Young.
CANAROPA moves to modern showroom facility Calgary - Saturday, September 04, 2010: After 20 years at it old Airways warehouse, CANAROPA has leased a new 9,200 sf showroom and warehouse in Horizon Industrial. Canaropa's Calgary manager Shawn Brady states that "the company can now expand its hardware product lines, display them properly and have an efficient and lower cost warehouse operation to better serve its growing customer base. The move was long overdue, but now we have the capacity to grow the business more profitably". Canaropa's facility was built by Hopewell Development Corp. and leased by Ed Dorosz of Avison Young.
CROWN Worldwide Relocations expands near airport Calgary - Saturday, September 04, 2010: CROWN Worldwide is now moving to a new 20,000 sf bay in a brand new distribution centre in the Freeport Industrial district just north of the Calgary airport. Travis Brass, Crown's operaions executive for Western Canada states "after 5 years in a then-new warehouse in Horizon district which served us well, the new move effectively doubles our capacity so we can better serve our clientele in support of their international operations". Crown's facility was built by Hopewell Development Corp. and was leased by Ed Dorosz of Avison Young.
EDGE Marketing relocates for future growth Calgary - Saturday, September 04, 2010: Ivo Janko, COO of EDGE Marketing Corp. is pleased to announce the company has moved to a 9500 sf office & warehouse facility in the Franklin Industrial district. Mr. Janko states "after about half a year searching for the right space in this difficult rental market environment, we're elated to have secured a 'turn-key' facility that delights our staff and allows us to grow the corporation to the next level and beyond". Edge Marketing's facility is owned by Norcal Group and was leased by Ed Dorosz of Avison Young.
TOTRAN establishes new corporate office in Calgary Calgary - Saturday, September 04, 2010: TOTRAN Transportation Services is pleased to announce the move of its head office and operations centre to new office space in the Foothills Industrial district. The building is managed by Tonko Realty Advisors, and the lease negotiated by Ed Dorosz of Avison Young on behalf of Totran.
International Real Estate Investors flock to Calgary Calgary - Saturday, September 04, 2010: The strength of Calgary's economy and growing concern about a possible US recession are attacting new investment from international buyers, says a commercial real estate report by Avison Young.
For text of complete article, please 'click' on the report with same name listed in the 'About Us' section directly above this 'Latest News' section.