Commercial real estate in Calgary, for sale or lease

Run the numbers

For income property, I start with net operating income (NOI), cap rate, debt service and cash-on-cash return. For owner-users, it's total occupancy cost compared with leasing. My commercial calculators do the math with your inputs.

Due diligence

• Zoning and permitted uses under the City of Calgary Land Use Bylaw, or the town or county bylaw
• Phase I environmental site assessment
• Building condition assessment: roof, HVAC, electrical, life safety
• Leases, tenant estoppels, rent roll and operating statements
• Financing, and GST treatment with your accountant

Leasing commercial space in Calgary

For tenants, the cheapest base rent isn't always the cheapest space. I compare spaces on the total cost over the term: additional rent (operating costs and taxes), free-rent periods, tenant-improvement allowances, renewal options and the use clause. Then I help you negotiate.

Property types

Industrial and flex bays, retail and mixed-use, office, small multi-family and development land. That covers downtown and the Beltline, inner-city main streets, industrial areas in the SE and NE, and growing commercial nodes in Airdrie, Cochrane, Okotoks, Chestermere and Rocky View County.