{"id":1050,"date":"2014-05-12T15:40:00","date_gmt":"2014-05-12T15:40:00","guid":{"rendered":"http:\/\/rf.podcastfixit.com\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/"},"modified":"2015-06-01T19:41:09","modified_gmt":"2015-06-01T19:41:09","slug":"canadian-commerical-real-estate-mostly","status":"publish","type":"post","link":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/","title":{"rendered":"Canadian commerical real estate mostly healthy"},"content":{"rendered":"

By Tracey Arial<\/b>
\nwww.arialview.ca<\/a><\/p>\n

Other than potential saturations in the office markets in Toronto, Edmonton and perhaps Montreal, the fundamentals for commercial real estate in Canada are strong.<\/p>\n

So says Michael Dal Bello, an investment partner at Pritzker Group Private Capital.<\/p>\n

The fundamentals are very good in Edmonton, in terms of industrial, retail, and multi-family demand. They\u2019re all pretty strong and frankly supply is in pretty good balance for demand. The office market though is a little tougher. We\u2019ve got a number of projects that are coming on and our office market isn\u2019t that deep in terms of demand and so we\u2019ll probably have a bit of oversupply and run up in vacancy. That\u2019s the big risk in our market in Edmonton.<\/p>\n

For Canada, most markets are in fundamentally good shape, barring office markets in Toronto, with a lot of new supply coming on downtown, and to some extent maybe Montreal.\u201d<\/p>\n

Dal Bello says that there\u2019s still a large pent-up demand for quality product amongst institutions and pension plans, but he doesn\u2019t believe prices will increase in the short term.<\/p>\n

We\u2019re probably getting into the zone where people are not willing to pay much more, given the prospects of interest rates rising.\u201d<\/p>\n

As a result, his company plans to focus on developing industrial, multi-family and retail assets rather than buying them, as they\u2019ve done since 2005.<\/p>\n

\u201cUnless we can find a very good property with intrinsic value that\u2019s available at a discount, we\u2019d rather invest in the development of new assets to add to the portfolio.\u201d<\/p>\n

\nNote: This report appears on page 58 of the Spring 2014 <\/a>issue of Canadian Real Estate Magazine.<\/i><\/div>\n

(function(i,s,o,g,r,a,m){i[‘GoogleAnalyticsObject’]=r;i[r]=i[r]||function(){
\n (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),
\n m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)
\n })(window,document,’script’,’\/\/www.google-analytics.com\/analytics.js’,’ga’);<\/p>\n

ga(‘create’, ‘UA-45892555-1’, ‘robertfrankmedia.blogspot.com’);
\n ga(‘send’, ‘pageview’);<\/p>\n","protected":false},"excerpt":{"rendered":"

By Tracey Arial www.arialview.ca Other than potential saturations in the office markets in Toronto, Edmonton and perhaps Montreal, the fundamentals for commercial real estate in Canada are strong. So says Michael Dal Bello, an investment partner at Pritzker Group Private Capital. The fundamentals are very good in Edmonton, in terms of industrial, retail, and multi-family<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1050","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nCanadian commerical real estate mostly healthy - Newscoverage<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian commerical real estate mostly healthy - Newscoverage\" \/>\n<meta property=\"og:description\" content=\"By Tracey Arial www.arialview.ca Other than potential saturations in the office markets in Toronto, Edmonton and perhaps Montreal, the fundamentals for commercial real estate in Canada are strong. So says Michael Dal Bello, an investment partner at Pritzker Group Private Capital. The fundamentals are very good in Edmonton, in terms of industrial, retail, and multi-family\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/\" \/>\n<meta property=\"og:site_name\" content=\"Newscoverage\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/robert.frank.90834\" \/>\n<meta property=\"article:published_time\" content=\"2014-05-12T15:40:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-06-01T19:41:09+00:00\" \/>\n<meta name=\"author\" content=\"editor robert\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor robert\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/\"},\"author\":{\"name\":\"editor robert\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#\\\/schema\\\/person\\\/fc82a2a747f4a72f7a4833658ab077a3\"},\"headline\":\"Canadian commerical real estate mostly healthy\",\"datePublished\":\"2014-05-12T15:40:00+00:00\",\"dateModified\":\"2015-06-01T19:41:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/\"},\"wordCount\":357,\"commentCount\":0,\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/\",\"url\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/\",\"name\":\"Canadian commerical real estate mostly healthy - Newscoverage\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#website\"},\"datePublished\":\"2014-05-12T15:40:00+00:00\",\"dateModified\":\"2015-06-01T19:41:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#\\\/schema\\\/person\\\/fc82a2a747f4a72f7a4833658ab077a3\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/05\\\/12\\\/canadian-commerical-real-estate-mostly\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/newscoverage.org\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Canadian commerical real estate mostly healthy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#website\",\"url\":\"https:\\\/\\\/newscoverage.org\\\/\",\"name\":\"Newscoverage\",\"description\":\"newscoverage.org\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/newscoverage.org\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#\\\/schema\\\/person\\\/fc82a2a747f4a72f7a4833658ab077a3\",\"name\":\"editor robert\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g\",\"caption\":\"editor robert\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/robert.frank.90834\"],\"url\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/author\\\/editor-robert\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Canadian commerical real estate mostly healthy - Newscoverage","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/","og_locale":"en_US","og_type":"article","og_title":"Canadian commerical real estate mostly healthy - Newscoverage","og_description":"By Tracey Arial www.arialview.ca Other than potential saturations in the office markets in Toronto, Edmonton and perhaps Montreal, the fundamentals for commercial real estate in Canada are strong. So says Michael Dal Bello, an investment partner at Pritzker Group Private Capital. The fundamentals are very good in Edmonton, in terms of industrial, retail, and multi-family","og_url":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/","og_site_name":"Newscoverage","article_author":"https:\/\/www.facebook.com\/robert.frank.90834","article_published_time":"2014-05-12T15:40:00+00:00","article_modified_time":"2015-06-01T19:41:09+00:00","author":"editor robert","twitter_card":"summary_large_image","twitter_misc":{"Written by":"editor robert","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/#article","isPartOf":{"@id":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/"},"author":{"name":"editor robert","@id":"https:\/\/newscoverage.org\/#\/schema\/person\/fc82a2a747f4a72f7a4833658ab077a3"},"headline":"Canadian commerical real estate mostly healthy","datePublished":"2014-05-12T15:40:00+00:00","dateModified":"2015-06-01T19:41:09+00:00","mainEntityOfPage":{"@id":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/"},"wordCount":357,"commentCount":0,"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/","url":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/","name":"Canadian commerical real estate mostly healthy - Newscoverage","isPartOf":{"@id":"https:\/\/newscoverage.org\/#website"},"datePublished":"2014-05-12T15:40:00+00:00","dateModified":"2015-06-01T19:41:09+00:00","author":{"@id":"https:\/\/newscoverage.org\/#\/schema\/person\/fc82a2a747f4a72f7a4833658ab077a3"},"breadcrumb":{"@id":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/newscoverage.org\/index.php\/2014\/05\/12\/canadian-commerical-real-estate-mostly\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/newscoverage.org\/"},{"@type":"ListItem","position":2,"name":"Canadian commerical real estate mostly healthy"}]},{"@type":"WebSite","@id":"https:\/\/newscoverage.org\/#website","url":"https:\/\/newscoverage.org\/","name":"Newscoverage","description":"newscoverage.org","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newscoverage.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Person","@id":"https:\/\/newscoverage.org\/#\/schema\/person\/fc82a2a747f4a72f7a4833658ab077a3","name":"editor robert","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g","caption":"editor robert"},"sameAs":["https:\/\/www.facebook.com\/robert.frank.90834"],"url":"https:\/\/newscoverage.org\/index.php\/author\/editor-robert\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/posts\/1050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/comments?post=1050"}],"version-history":[{"count":1,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/posts\/1050\/revisions"}],"predecessor-version":[{"id":3844,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/posts\/1050\/revisions\/3844"}],"wp:attachment":[{"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/media?parent=1050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/categories?post=1050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/tags?post=1050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}