According to Costar’s 2021 Year-End review for office spaces, “Overall vacancy rates are expected to decline, while rental rate growth, after a three-year run of declines, is expected to reverse course and begin to start registering growth. […] Moving forward, the City of Calgary has identified a 10-year, $1 billion plan for the downtown core, which includes incentives for landlords to convert empty office buildings to residential or other commercial space, among a number of infrastructure improvements that include pedestrian and cycle paths, green-space, and cultural expansion.”
With the current economic landscape, landlords need the help of commercial property managers who have a finger on the pulse of current trends in Calgary’s commercial property sector.
At CMS Real Estate, we’re all about customizing our services, and tailoring them to the unique needs of your business in order to help you reach your goals. As such, there are many ways to accomplish this outcome.
We have a myriad of core competencies that we pride ourselves in: we help develop budgets for every property; create restoration and upkeep programs to ensure building maintenance; put in place security coverage that is advantageous to the interests of our clients; go over monetary reports and preserve deposits to safeguard the integrity of the holder, etc.
It’s our job to work closely with our clients, listen to their needs, and produce a cohesive environment where the intended outcome is an inevitability.
Here are a few more ways in which we serve our clients:
Our team is committed to the best possible service in regards to property management. This is exemplified by the close working relationships we develop with our clients, in addition to the careful recognition we give to each business and its distinct needs.
Other services include:
Familiarity of the market is paramount in regards to commercial property leasing as well as sales. And that’s why CMS Real Estate conducts extensive research on the present order of the market. This is what allows us to gain the knowledge and expertise necessary to inform and educate our clients.
Furthermore, we discipline our focus to hone in on the specific characteristics of the business deal, become a proponent of our clients, and effectively stand up for them on their behalf, all with the clear and direct discernment of our client’s needs; ensuring that they are both met and exceeded.
With the extensive knowledge of the mortgage market in Calgary, our expert team has the skill and competency to differentiate the most favourable prices for both lender fees and mortgage rates. The main objective of our mortgage brokerage is to obtain prime mortgage products at premier mortgage rates. And with our steadfast connections as well as the broad availability of the bankers, moneylenders, etc, that we have access to, this is something that is attainable.
Securing financing for commercial real estate projects can be a complex process, especially when dealing with the specific regulations in Canada. Understanding and adhering to these regulations is crucial to increase your chances of approval. In this article, we will explore key steps and considerations to help you navigate Canadian regulations and successfully obtain financing […]
For four decades, CMS Real Estate has been an integral part of Calgary’s commercial and industrial real estate landscape, providing exceptional services and forging lasting relationships within the community. CMS Real Estate was founded in 1983 when Gerry Macdonald and Tim Casey left a prominent industrial and commercial real estate firm to embark on their […]
Calgary is a major economic hub in western Canada. In recent years, Calgary’s real estate market has been impacted by the decrease in demand for office space in the downtown core. However, the city’s economy has been showing signs of recovery, and the demand for commercial and industrial real estate and commercial property sales are […]
It’s no secret that higher interest rates, inflation, and a competitive market have changed the commercial real estate landscape over the last two years. The rapid increase in rates combined with labour shortages have led to a spike in operational costs and have made owning and renting property more expensive. While we have very little […]
At CMS Real Estate, Owner and President Gerry Macdonald is a Certified Commercial Investment Member (CCIM), an industry-standard that places members as some of the most advanced commercial real estate investment specialists anywhere. Fewer than 10% of commercial real estate investors and advisors hold the CCIM distinction, making it a valuable and noble acronym to […]
According to the Canadian Condominium Institute (CCI), Condominium Corporations are able to seek recovery of the deductible portion from an Owner for damages that originates from the Owner’s unit or privacy area, up to a maximum of $50,000 and regardless of proven negligence. This major change has been in effect since January 1, 2020. What […]
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