Blog | Sarnia and Area Real Estate, Ontario

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...

Fully Serviced Land Available in a Tight Market

City of Sarnia Business Park Based upon market research reports from leading North American real estate firms, industrial, logistics, data centers and multi-family were the strongest in demand properties since 2020 and this is expected to remain through 2021 due to...

What is commercial real estate?

Commercial real estate refers to properties used specifically for business or income -generating purposes with the intention of generating a profit. Some people also refer to commercial real estate as ICI or industrial, commercial, and institutional. The six most...