5 questions to ask when buying calgary industrial real estate
TRANSCRIPT
5 QUESTIONSTO ASK WHENBUYING CALGARYINDUSTRIALREAL ESTATE
OPPORTUNITIES IN THE CALGARY REGION'S REAL ESTATE MARKET
“Alberta’s low tax regime, our geographic location and well-developed
infrastructure creates a powerful | combination that makes this Region a
major transportation and logistics hub.”
Karla Spilsted, Marketing Strategist with The City of Calgary
OPPORTUNITIES IN THE CALGARY REGION'S REAL ESTATE MARKET
“Industrial land and warehouses in the Calgary Region are a stable investment.
There are a variety of opportunities throughout the Region and with the current downturn, there are more
options and more competitive pricing,”
PPAUL DERKSEN, INDUSTRIAL REAL ESTATE CONSULTANT
5 QUESTIONS WHEN BUYING INDUSTRIAL LAND FROM CALGARY
1 What’s available?
2 Who should they contact?
3 What should companies be asking to ensure their needs are met?
4 Is land near transportation systems?
5 What tax considerations should be accounted for? accounted for?
Calgary is poised for growth with more than 3,500 hectares of raw land within its corporate limits earmarked for industrial use.
Three major industrial areas in the Northeast, South Central and Southeast service the city.
WHAT INDUSTRIAL LAND IS AVAILABLE FOR SALE?
Calgary Economic Development business development managers have strong relationships with local brokers.
They're skilled in matching organizations and individuals with the appropriate broker.
Brokers are well-versed in purchasing land and infrastructure.
WHO TO CONTACT WHEN BUYING INDUSTRIAL LAND?
HOW DO I ENSURE MY BUSINESS'NEEDS ARE MET?
Businesses should ask which type of industrial land best fits for their operational needs.
Manufacturing operations Manufacturing operations generally need a smaller building footprint but a large yard.
On the other hand, On the other hand, warehousing operations require a larger site cover with loading and vehicle marshaling areas.
Transportation benefits in the Calgary Region
• Excellent access to major rail freight hub for two railways (CP and CN).
• Intersected by Highway 1 (Trans Canada) and the 6,000 km CANAMEX Corridor (Highway 2).
• 24-hour delivery time to major world markets.
IS THE LAND NEARTRANSPORTATION NETWORKS?
WHAT TAXESMUST BE CONSIDERED?
A full understanding of federal and provincial taxes will help a business know the tax implications on their total landed costs.
