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Old 03-16-2023, 03:04 PM   #1541
D as in David
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No, CNOOC alleged they 'discovered' the asbestos in 2017, hired consultants to do testing/investigation (as did the landlord), and CNOOC concluded "this space is unfit for our occupancy because it's unsafe" and signed a sublease from Cenovus at the end of 2018. They moved out and stopped paying their rent at Nexen Building in the spring of 2019. There was no intent for them to move back in... (Their lease was signed near the peak of the market in December, 2013, and was for a preposterous 28-year term that expired the end of 2031.)
That math seems off to me or maybe I don't understand commercial leases. A 28 year lease signed in 2013 would expire in 2041, by my calculations. Was there an exit clause or something like that after 18 years?
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Old 03-16-2023, 03:06 PM   #1542
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It'll be "unique" too...
Don't forget "state-of-the-art" but that term doesn't seem to mean what it used to mean.
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Old 03-16-2023, 03:10 PM   #1543
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That math seems off to me or maybe I don't understand commercial leases. A 28 year lease signed in 2013 would expire in 2041, by my calculations. Was there an exit clause or something like that after 18 years?
It's new math!

Probably just a typo.
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Old 03-16-2023, 03:14 PM   #1544
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That math seems off to me or maybe I don't understand commercial leases. A 28 year lease signed in 2013 would expire in 2041, by my calculations. Was there an exit clause or something like that after 18 years?
Sorry, just a typo. 18 years. That's still preposterously long.
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Old 03-16-2023, 03:17 PM   #1545
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The lease will be old enough to drink, only to have its life ended.
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Old 03-16-2023, 03:20 PM   #1546
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The lease will be old enough to drink, only to have its life ended.
Sad to die so young from asbestos.
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Old 03-16-2023, 03:34 PM   #1547
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Wow, did not know they found the asbestos so early lol.
The part that's most asinine to me is Nexen had been the anchor tenant in the building since 2000; how could they not know it had asbestos in it? The building was built in the early '80s (opened in '82): of course it has asbestos in it! Any office building of that vintage, and older, has asbestos in it.

People panic when they hear the word "asbestos" and it's just silly. It poses no danger at all as long as you don't disturb it. It was a fantastic fireproofing material.
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Old 03-16-2023, 04:09 PM   #1548
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The part that's most asinine to me is Nexen had been the anchor tenant in the building since 2000; how could they not know it had asbestos in it? The building was built in the early '80s (opened in '82): of course it has asbestos in it! Any office building of that vintage, and older, has asbestos in it.

People panic when they hear the word "asbestos" and it's just silly. It poses no danger at all as long as you don't disturb it. It was a fantastic fireproofing material.
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Old 03-16-2023, 04:18 PM   #1549
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The part that's most asinine to me is Nexen had been the anchor tenant in the building since 2000; how could they not know it had asbestos in it? The building was built in the early '80s (opened in '82): of course it has asbestos in it! Any office building of that vintage, and older, has asbestos in it.

People panic when they hear the word "asbestos" and it's just silly. It poses no danger at all as long as you don't disturb it. It was a fantastic fireproofing material.
I don't think Nexen cared, when they got bought by the Chinese at a massive premium and then oil took a nosedive and then Trudeau decided to cancel virtually all the pipelines, that's when CNOOC "cared".
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Old 03-16-2023, 04:34 PM   #1550
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Well, yeah, that's precisely why I think it was just a shameless ploy to get out of their lease.
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Old 03-16-2023, 04:38 PM   #1551
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Well, yeah, that's precisely why I think it was just a shameless ploy to get out of their lease.
It's nice to see we are all getting on the same page, here.
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Old 03-18-2023, 11:04 PM   #1552
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Calgary... Well Cross Iron mills will be getting an Uncle Tetsu in the summer


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Old 03-19-2023, 11:58 AM   #1553
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Cross Iron seems like kind of a weird spot for Uncle Tetsu. They'd probably do gang busters in a trendy place that gets a lot of foot traffic like 17th Ave SW, 4th Street SW, or Kensington
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Old 03-19-2023, 12:13 PM   #1554
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Cross Iron seems like kind of a weird spot for Uncle Tetsu. They'd probably do gang busters in a trendy place that gets a lot of foot traffic like 17th Ave SW, 4th Street SW, or Kensington
Given how stupidly busy the Jollibee and bubble tea spots are, I don't think they'll have an issue. Anything with an Asian flavor seems to do gangbusters at that mall
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Old 03-21-2023, 04:49 PM   #1555
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Ok, this isn't a Calgary business, and it's online only, but DPReview.com is shutting down. The Calgary connection is that their YouTube channel is run by Chris and Jordan, who cut their teeth at the Camera Store. Hopefully they can quickly find a new gig.

https://m.dpreview.com/news/59011454...w-com-to-close.

Edit: they're moving to PetaPixel. That didn't take long!

Last edited by DownInFlames; 03-21-2023 at 09:00 PM.
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Old 03-21-2023, 10:14 PM   #1556
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Ok, this isn't a Calgary business, and it's online only, but DPReview.com is shutting down. The Calgary connection is that their YouTube channel is run by Chris and Jordan, who cut their teeth at the Camera Store. Hopefully they can quickly find a new gig.

https://m.dpreview.com/news/59011454...w-com-to-close.

Edit: they're moving to PetaPixel. That didn't take long!
That used to be my go to for camera equipment reviews and opinions. They suggest it’ll stay online for a while but it would be a terrible shame to lose all the reviews and feedbacks over the last 5 or so years. Always good to look at user experiences before picking up used camera gear.
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Old 03-22-2023, 05:59 AM   #1557
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In case anyone’s interested, Nordstroms started their clearance sale yesterday…with a whopping 5% off. They have until June 30, so obviously better deals will eventually come.
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Old 03-22-2023, 09:29 AM   #1558
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Ok, this isn't a Calgary business, and it's online only, but DPReview.com is shutting down. The Calgary connection is that their YouTube channel is run by Chris and Jordan, who cut their teeth at the Camera Store. Hopefully they can quickly find a new gig.

https://m.dpreview.com/news/59011454...w-com-to-close.

Edit: they're moving to PetaPixel. That didn't take long!
Glad to see these two find a home (although I kind of just wonder why they don't do their own thing?). I remember when they were just dudes behind the counter at the Camera Store, and now they are basically camera review royalty, ha.
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Old 03-22-2023, 09:50 AM   #1559
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Eat Crow in Kensington closed down, before that is was Brasserie for years. I did prefer Brasserie to Eat Crow. New restaurant already soft opening in its place, The Continental.
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Old 03-22-2023, 12:20 PM   #1560
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Brassiere was our go to when we lived in Kensington.
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