Leasing Out Loud

What do you do when you are in more space than you need??  Don't run on the lease...sublease!  In this episode we explore how subleasing works and some of the things for businesses to consider when planning to sublease space. 

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This week Laurae walks us through the basics of industrial zoning and what to consider when making a move to a new industrial property.  Understanding what zoning your business requires determines what properties you can occupy.  As always, time is your friend when it comes to securing necessary municipal approvals.  

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We had a great conversation this week with Christy Thompson, Senior Design  Market Manager at Haworth in Calgary.  Christy shares how organizations are re-imagining and innovating workplaces in light of Covid-19, and sheds light on how quality interiors support an effective return to office strategy.  

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On this weeks episode of Leasing Out Loud we dream of a post pandemic world and what the workplace of the future might look like.  Inspiration for this episode came from Avenue Magazine's write up on the Future of Offices - https://www.avenuecalgary.com/city-life/the-future-of-offices-in-post-pandemic-calgary/.

We share what we'd like to see in terms of a future workplace and ask our listeners to participate in a LinkedIn poll on Scout Real Estate Ltd's page to share their thoughts.

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This week we share some insight on personal indemnities and why they are cropping up more and more given the current market conditions in Calgary.   Why do Landlords want them?  Why is it problematic for a Tenant?  How can we structure a deal to provide comfort on both sides of the table?  We answer these questions and more!

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On this episode of Leasing Out Loud we digress from our typical 'commercial only' focus to chat about what's happening in the residential sector in YYC.  Despite a challenging economic climate in Calgary, news articles report record high levels of demand.  This week we chat anecdotally about some of the reasons for the surge.

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In this episode of Leasing Out Loud we explore the difference between useable area and rentable area, how rentable area is calculated and why it's an important consideration when exploring options to lease.  

Have a great week!

On the heels of a recent piece in Business in Calgary in March 2021, we sat down for a great conversation with our friend and industry colleague Catherine Grygar, real estate lawyer & partner at Stikeman Elliott.  

Conversation topics span diversity and inclusion in the workplace, importance of industry networks (like CREW Calgary) and common red flags to keep an eye out for on a lease.   Catherine also shares how lawyers can be an asset in the leasing process.

Thanks for listening :)

https://www.stikeman.com/en-ca/people/catherine-grygar

On the heels of an article in the Calgary Herald talking about parking costs as a barrier to visiting the core, we thought it would be timely to explore parking rates and whether or not this is a barrier to visiting and operating a business in Calgary.  There are always multiple viewpoints - we'd like to hear yours!  Please participate in our survey on Scout Real Estate's LinkedIn profile to weigh in on the topic.  

From your perspective, are parking costs a deterrent to visiting and operating within Calgary's downtown core?  Or, is it just the cost of doing business?

Thanks for listening!

Article Reference:
https://calgaryherald.com/news/local-news/corbella-calgary-city-council-broke-our-downtown-and-blame-others-for-their-mess
 

Everyone knows the three R's, Reduce,  Reuse, Recycle.  This episode, we're joined by two industry members who are active in YYC's Strategic Decommissioning world, which aims to reuse as many construction materials & fixtures as possible when space is vacated.  

Mark and James are passionate about the positive environmental, economic and social impacts that happen when industry members come together to connect the dots.  We talk about recent successes in YYC and the growing opportunity for landlords, tenants, business owners and non-profit organizations to not only divert significant amounts from the landfill, but positively impact our local communities and save money while doing it!  Mark and James share just what can be reused (hint:  it's a surprisingly long list) and share some stats from recent projects that will get you excited (hint: 90% landfill diversion!).

Mark Stables a 22 veteran of the moving industry specializing in commercial, industrial, retail and office relocations.  Mark’s passion is creating & implementing a plan for Strategic Decommissioning as it relates to FF&E(Furniture, Fixtures & Equipment). Mark believes that Calgary needs a comprehensive strategy for sustainability, landfill diversion and a viable circular economy benefitting Calgary & area charities and not-for-profit's, with the potential millions of pounds of excess corporate assets over the next 3-5 years. Mark is a Business Records Storage  & Commercial Relocation Specialist with Tippett-Richardson in Calgary.

James Lowe is a member of the senior leadership team at Lignum Interiors. Lignum is a Calgary-based Project Management and Construction Advisory company specializing in Institutional and Commercial Interior construction. For almost 40 years, the team at Lignum have been at the forefront of Calgary’s construction industry and are known for their depth of technical expertise, high-quality project delivery, and unparalleled commitment to client success.