Kelly Macsymic (52)

New challenges await social distancing office users

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Despite patting ourselves on the back for flattening the curve in Saskatchewan, we flatlanders are not out of the woods yet. In the anticipated build up to employees returning to their traditional workspaces, stringent […]

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4 ways to show your support for local business

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. It is certainly weird times out there right now. With no one able to predict how long this will last, it is imperative that we remember to support local business as they’ll be struggling […]

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3 ways a Buyer’s Broker is a no brainer

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Did you know when you’re buying or leasing that you can engage a commercial broker to search listings, organize viewings, and write offers, among other duties, for the low cost of… ZERO? This relationship […]

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Why the vast difference between insurance, appraised and assessment Values?

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. This question that was asked of me yesterday triggered the notion that there was a need to write about it. Each of these three valuation processes have different end goals. It’s important to understand […]

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Would you recommend your CRE broker?

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I think it’s fair to say that we don’t recommend people and their services if we don’t like them. The problem, however, is that often liking someone can hinder us from really considering if […]

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What does 2020 have in store for the commercial real estate market?

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I’ve never professed to be a psychic, but I think looking over the trends of the past year I can safely make a few bets on the commercial real estate market for Saskatoon in […]

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Another retail bricks & mortar obituary

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Entrepreneurs Louis and Shaol Pozez could not anticipate 63 years ago that the demise of their discount shoe business would be taken down by a network of computers This isn’t a story from the […]

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Saskatchewan commercial property taxes below average

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I thought twice about writing this post! Does it risk raising the question with the city administrators: are our Saskatoon and Regina commercial property taxes too low? Or… does it showcase just one more […]

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What if the shoe doesn’t fit?

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The rules are the rules, whether we like them or not. Nowhere is this truer than as it applies to municipal zoning. I find clients can easily get discouraged in property searches when they discover where […]

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Differences between regional and national commercial real estate broker

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. If you’d have asked me a few years ago about the long-term fate of the independent commercial real estate broker, I would have honestly expressed some uncertainty (you may be thinking, “but Barry, you […]

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Was I on the Mark in my 2018 Industrial Vacancy Forecast?

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I promised you that I’d hold myself accountable in this Jan 2018 post and report back to you.  So, how did I do? At that time, I predicted a decline in the overall Saskatoon […]

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If it’s not -30C to -40C for a week or more, things just aren’t right in my world!

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I am often accused of twisted thinking when I voice this inner paradigm and am therefore going to use this space to convert you to this liberated view of our Saskatchewan winters. Awakening early […]

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Retail is king for 2018

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. There were substantial changes to the commercial real estate landscape in Saskatoon as we close out 2018. I think it’s is a story of renewal and growth, would you agree? Lows become highs Sears […]

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If it’s not -30C to -40C for a week or more, things just aren’t right in my world!

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I am often accused of twisted thinking when I voice this inner paradigm and am therefore going to use this space to convert you to this liberated view of our Saskatchewan winters. Awakening early […]

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The Twelve Days of a CRE Christmas

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. On the first day of Christmas my broker sent to meA qualified tenant for occupancy On the second day of Christmas my broker sent to meTwo executed leasesAnd a qualified tenant for occupancy On the third day […]

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Use your own discretion

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Whether you’re buying or leasing commercial real estate, a municipality’s zoning bylaw tells you where you can locate your business. The City of Saskatoon bylaw lists permitted uses and prohibited uses, which are pretty […]

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Navigating your Commercial Mortgage Renewal

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. You’ve just received a letter with the renewal options your financial institution is offering on your commercial mortgage. How can you assess the competitiveness of the offer before you? The letter arrives at a […]

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10 questions to ask yourself before considering a career in commercial real estate

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. You may be in your last year of university and considering your career options or, have just come to the realization that your current professional path is not going to be your lifework. The […]

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Real estate as a business investment

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.   All commercial real estate deals have a factor of uniqueness that sets them apart from other investments. That said, there can be times when commercial real estate is not only a real estate […]

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Does Saskatoon want or need Farmers’ Market six days a week?

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The City of Saskatoon has officially put out a tender to lease the Farmers’ Market building in Riversdale. At current, the facility is leased to and operated by the Saskatoon Farmers’ Market Co-operative Ltd. […]

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Saskatchewan cities enjoy lowest commercial to residential tax ratio

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. There is lots of chatter on the street with the recently released preliminary budget from the City of Saskatoon which proposes a 4.5 per cent property tax hike in 2019. That chatter is incomplete […]

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Use your own discretion

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Whether you’re buying or leasing commercial real estate, a municipality’s zoning bylaw tells you where you can locate your business. The City of Saskatoon bylaw lists permitted uses and prohibited uses, which are pretty […]

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More visits than residents, Remai Modern enjoys successful freshman year

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Say what you like about it but over 450,000 people fed their curiosity and took in Saskatoon’s new public art gallery this past year. That’s more people than encompasses the proper City of Saskatoon […]

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10 questions to ask yourself before considering a career in commercial real estate

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. You may be in your last year of university and considering your career options or, have just come to the realization that your current professional path is not going to be your lifework. The […]

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Saskatoon industrial vacancy drops

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Our quarterly market reports have just been released and we’re pleased to report that the overall industrial vacancy rate is heading in the right direction! The increase in absorption over the last quarter has […]

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CRE retail idea that failed miserably…or did it

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Have you ever stumbled onto one of those websites that features abandoned spaces? My favourites are old malls. Once so bustling and now so neglected. But what if you were looking at a vacant […]

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What is the Relationship Between Cap Rates & Interest Rates?

This post originally appeared on Saskedge Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Earlier this week, I forwarded a client some historical data on Saskatoon commercial real estate capitalization rates. He came back to me with the comment, “Would be interesting how it (cap rate information) trends with […]

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