Quote:
Originally Posted by J pold
As it turns out my team and I are the agents who have been engaged to sell the building so I am very familiar with the offering. Basically the building is ~100,000 SF and right now Cardel occupies roughly half of the entire space and wants out. We would relocate them for ~20,000 SF in Calgary when the building sells. From an owner user perspective it's an amazing opportunity.
The full proprety brochure is here: http://colliersinternational.cmail20...ll-dhmdtdkh-k/
If you know anyone who would be interested let me know! 
Also regarding my thread. I took it down as it didn't see the return to my business for the cost of keeping the thread alive. I'll revisit bringing it back in 2016 but I am still happy to chat the commercial real estate market on an informal basis. |
So they were trying to lease out half their space as they downsized, I've seen the listings, then they want to reduce from ~50,000 sq. ft. to ~20,000 sq. ft. and sell the building they paid $37 million for in 2009.... That just reeks of trouble or just a bit of excess in 2009.