Downtown Real Estate

[Gronk!]

The lots north of Omega along 105st won't see anything for ever and ever, ever due to the owner.

It may be time to impose some new penalty taxes for that lot too

 

[IanO]

I'd LOVE to see something like this built on that lot along 100ave from 102-103st. Classic, upscale, definitive.

1444-Alberni-Street-tower-models-Alberni-St-1000.jpg

 

[Gronk!]

Edmonton office vacancies rise as industrial availability dips: report

The vacancy rate for Edmonton office space continued to climb in late 2022. The industrial market saw availability dip despite new supply.

edmontonjournal.com

 

[occidentalcapital]

Industrial can do no wrong. Hope we see some major new industrial deals in 2023.

 

[IanO]

Industrial demand precedes office absorption and housing demand, so this is very positive.

 

[Stevey_G]

Industrial demand precedes office absorption and housing demand, so this is very positive.

Sooooo….you like….wanna buy my place right?

Ya know, get ahead of the coming Vancouver-esque price increases?

 

[IanO]

Oh wow... freeing up capital for future projects? Never thought that Maclab would sell this asset.

---

Bradyn Arth
• 1st
Senior Vice President at Institutional Property Advisors (IPA), a division of Marcus & Millichap
1h • 1 hour ago

We're happy to announce For Sale, an iconic Edmonton high-rise. Edmonton House, located at 10205 - 100 Avenue NW, Edmonton consists of 328 suites, 330 covered parking stalls, commercial and ample value-add opportunities. Please reach out to our team for more information. #yegapartments

https://www.linkedin.com/in/bradyn-arth-61859a23?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAAATkS_QB1_XG3NELb08W_bC9S3616pIFtw8&lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3B6S%2F47aydR3OHqOda2Thibg%3D%3D

 

[Greenspace]

^Also it's where their offices are, so they moving?

 

[Oilers99]

^Also it's where their offices are, so they moving?

their office is in bell tower.

 

[kcantor]

their office is in bell tower.

maclab development group is in bell tower.

as far as i know maclab properties group is still in edmonton tower.

 

[MacLac]

Oh wow... freeing up capital for future projects? Never thought that Maclab would sell this asset.

---

Bradyn Arth
• 1st
Senior Vice President at Institutional Property Advisors (IPA), a division of Marcus & Millichap
1h • 1 hour ago

We're happy to announce For Sale, an iconic Edmonton high-rise. Edmonton House, located at 10205 - 100 Avenue NW, Edmonton consists of 328 suites, 330 covered parking stalls, commercial and ample value-add opportunities. Please reach out to our team for more information. #yegapartments

https://www.linkedin.com/in/bradyn-arth-61859a23?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAAATkS_QB1_XG3NELb08W_bC9S3616pIFtw8&lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3B6S%2F47aydR3OHqOda2Thibg%3D%3D

For Parks ph#2 or Edm Motors ph#1!!!!

 

[TAS]

These three historic homes on 112 Street and 99 Avenue are at different stages of restoration.

This duplex opens in April and will house 12 mental health practitioners/offices and will feature a coffee shop on the main floor - south end. It will be worth checking out inside I am told.

This next duplex had new basement foundation completed and is for sale I believe.

And this SFH from 1907 also for sale.

 

[Glenco]

For Parks ph#2 or Edm Motors ph#1!!!!

Or MWTC.

 

[IanO]

Or how about their massive holding kitty corner to WEM that will conveniently have an LRT station next to it?

 

[IanO]

Here's hoping we see a few more rental towers move forward in 2023.

Purpose-Built Rental Development Trying to Keep Up with Demand – Chris Chornohos

chrischornohos.com