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Chicago

...come the location for multiple office developments and redevelopments that have reshaped the city skyline ... ...lopment activity continues to attract new institutional ownership and enhan... ...nity to capitalize on the creation of new residential properties.IndustrialWith 1.1 billion square feet of industrial space, Chicago ranks as the second-largest industrial market in America, serving as the logistical hub of the United States. Since Chicago is the only market in the nation where all six class I rail lines converge, the industrial property sector benefits from a unique location within North America. The industrial market also gains from the rare combination of a large population and unlimited green field space. The demographics make Chicago an attractive market for industrial investors. In fact, every major U.S. industrial property investor has a presence in Chicago.InvestmentChicago’s office prices remain highly affordable in comparison to other U.S. and international markets. This situation reflects a developer-friendly environment, a lack of physical restraints, and the desirability of the market. In contrast, stable capitalization rates can drive consistently-strong pricing in the industrial market. This is a reflection of the attractiveness of the market to institutional investors, and Chicago’s strategic location in the center of the country. Consequently, Chicago remains a vital market for institutional buyers and is positioned well for the future.Avison Young in ChicagoAvison Young opened its first U.S. office in Chicago in 2009, marking the launch of aggressive North American and international expansion efforts. Due to the city’s Midwest location and prominent role in North American transportation, Chicago brokers have gained considerable industrial real estate experience while also fa...

Lethbridge

...nd remains one of the key industries, new and emerging sectors such as alte... ...h a growing population and consistent new business growth, Lethbridge boast... ...to the majority of the city’s big-box developments while North Lethbridge h... ...hest population growth resulting in renewed interest from new and existing local operators. With s... ...k for West Lethbridge appears bright. IndustrialThe Lethbridge industrial real estate sector provides some exc... ...ing low interest rates, more and more industrial clients are looking to own... ...Young opened its Lethbridge office in 2009. It was launched by a team of hi...

Calgary Herald quotes Avison Young

Ottawa

...gging town before it was named as the new capital of Upper and Lower Canada... ...red this region, as many of the urban developments that have sprung up duri... ...centres with an increasing variety of new shopping concepts. Still under-se... ...ir development projects in the region.IndustrialOttawa’s industrial market can be characterized as small... ...m the product mix in the region. Most new industrial product can be broken down into 5,00... ...in keeping with the service nature of industrial tenancies that dominate th... ...ssets and the occasional good-quality industrial property that make it to m... ...ison Young in OttawaOne of the firm’s newer offices, Avison Young’s Ottawa ...

Regina

...the lowest in Canada. Construction of new office towers in the downtown are... ...mpanies need expansion space, or that new tenants are hoping to locate to t... ...etail market enjoys ongoing growth in new and redeveloping sectors of the c... ...se 20% by 2013. In recent years, many new developments have led to ongoing interest in the ... ...esulting in little impact on vacancy. IndustrialThe industrial market is expected to expand rapidly... ...have either stabilized or declined as new competitors have entered the mark...

National Newsletter (Spring/Summer 2009)

Glenn Simpson

...Calgary for 80,000 square feet in the new Ernst & Young Tower. In 1997 ... ...ection on behalf of Shaw Cablesystems new 165,000 square foot facility in N... ...quare feet in Centennial Place and in 2009 completed a 189,000 square foot ...

New Brunswick Business Journal picks up AY Newletter

Canadian Business Magazine reports new Avison Young office

Lethbridge Herald announces new Lethbridge office