Blog | Sarnia and Area Real Estate, Ontario

Why Use a Business Broker?

Knowledgeable about valuation techniques and business sales processes Experienced in interviewing and screening potential buyers and bringing ready, willing, and able buyers to the seller. No emotional attachment to the business – can be objective,...

Is Your Company Ready to be Sold?

The best time to sell your business is when it is doing well. It is profitable, with a sold balance sheet and has a growing customer base. You have up-to-date financial records, preferably reviewed or audited statements by a certified accounting professional....

SARNIA-LAMBTON COMMERCIAL/INDUSTRIAL MARKET REPORT JANUARY – JUNE 2023

Overall Real Estate Market With rising interest rates, tightening lending standards, and growing concerns about a recession, there is a global repricing happening across all real estate classes. More investors are moving to the sidelines. Investors remaining in...

Commercial/Industrial Market Report 2022

SARNIA-LAMBTON COMMERCIAL/INDUSTRIAL MARKET 2022 Industrial Market In 2022 the North American industrial market remained strong with record low vacancy rates and in southwestern, Ontario, vacancy rates were less than 1 percent. A more balanced market would be 6% to...

BASICS OF TENANT IMPROVEMENT ALLOWANCES AND NEGOTIATION

Basics of Tenant Improvement Allowances and Negotiation What is a tenant improvement allowance? When most companies rent space the configuration, design or condition of the space being offered for lease is not ideally suited to their unique needs. Modifications are...

Sarnia-Lambton Commercial/Industrial Market Update

How to Deal With Higher Interest Rates and the Impact on Commercial Real Estate

Canada’s central bank has been raising interest rates resulting in higher mortgage rates. The rise in interest rates is the senior government’s response to rising inflation which is near 40-year historic highs. Canada’s annual inflation rate rose to 8.1% in June. On...

SARNIA-LAMBTON COMMERCIAL/INDUSTRIAL MARKET REPORT 2021

Sarnia-Lambton Overall Market The impacts of the Covid pandemic are clearly reflected in the number of active commercial/industrial listings between 2020 and 2021. In 2021 Sarnia-Lambton had 154 closed transactions compared to 66 closed transactions in 2020. The bulk...

Real Estate Valuation – Cap Rates and Cost per Square Foot

When looking at commercial real estate purchases most buyers and sellers will be looking for metrics to evaluate their situation. Two of the most common are cap rates and price per square foot. Price per square foot (PSF) is NOT a formal valuation method (cost...

Due Diligence in Commercial Real Estate

In commercial real estate, due diligence is the homework you should do before purchasing a property. Due Diligence should be completed before finalizing an agreement for purchase. It involves the systematic review and analysis of the property to confirm the aspects...