{"id":1882,"date":"2012-11-29T20:22:54","date_gmt":"2012-11-30T01:22:54","guid":{"rendered":"http:\/\/traceyarial.com\/blog\/?p=1882"},"modified":"2013-05-29T20:25:29","modified_gmt":"2013-05-30T00:25:29","slug":"mid-size-market-opportunities","status":"publish","type":"post","link":"https:\/\/traceyarial.com\/blog\/en\/mid-size-market-opportunities\/","title":{"rendered":"Mid-size Market Opportunities via growth, creativity and services"},"content":{"rendered":"

Many of the assets in our market have potential to add more density, as planners become more open to the infilling concept says Manitoban real estate expert<\/strong><\/p>\n

Mid-size markets in the west are growing briskly, says Sandy Shindleman, president of Shindico Group, a commercial-based real estate investor based in Winnipeg.<\/p>\n

\"Shindleman<\/a>Economic drivers are natural resources, agriculture, government, we still have some manufacturing, and also the positive immigration we\u2019re getting. Immigrants are coming with money and ideas. It doesn\u2019t take them long to start small businesses.\u201d<\/span><\/p><\/blockquote>\n

Mid-size markets can offer rental growth, intensity growth or both, depending on the investment.<\/p>\n

I think that we\u2019re going to see positive growth all around,\u201d says Shindleman. \u201cThere are so many different asset classes that don\u2019t in fact compete with each other. In some of the places with older stock\u2014some of the older cities\u2014Winnipeg would be one of them\u2014average house prices don\u2019t mean a heck of lot because we have a segment of that market that has very old houses but what people get for new houses is certainly comparable with what they get in Calgary, Edmonton or the other big six markets.\u201d<\/span><\/p><\/blockquote>\n

\u201cDevelopment is always largely a local business,\u201d says Shindleman.\u00a0\u201cEveryone needs local health for development, no matter who you are, no matter where. The attitude that\u2019s present among local developers who are stepping up, acquiring assets and redeveloping assets on the strength of what people are doing elsewhere is positive. They\u2019ve got the right idea.\u201d<\/p>\n

Note: This article appeared on p 52 of Canada’s Leading Real Estate Forum Magazine, Toronto, Winter 2012<\/p>\n","protected":false},"excerpt":{"rendered":"

Many of the assets in our market have potential to add more density, as planners become more open to the infilling concept says Manitoban real estate expert Mid-size markets in the west are growing briskly, says Sandy Shindleman, president of Shindico Group, a commercial-based real estate investor based in Winnipeg. Economic drivers are natural resources, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_wp_convertkit_post_meta":{"form":"-1","landing_page":"0","tag":"0","restrict_content":"0"},"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[30],"tags":[],"class_list":["post-1882","post","type-post","status-publish","format-standard","hentry","category-canada","post-wrapper","thrv_wrapper"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2buQs-um","jetpack-related-posts":[{"id":1864,"url":"https:\/\/traceyarial.com\/blog\/en\/midmarket-canada-investment\/","url_meta":{"origin":1882,"position":0},"title":"Midmarket Acquisitions Offer Stable, Balanced Growth","author":"Tracey Arial","date":"November 29, 2012","format":false,"excerpt":"The top five midmarket cities in Atlantic Canada show growth rates above the national average, says Don Clow, president and CEO of Crombie REIT, the company that owns St. John\u2019s largest shopping centre and other commercial properties across Canada. Atlantic Canada mid-markets also tend to be low risk, he says.\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"ClowHeadshot","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/DonClow.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15614,"url":"https:\/\/traceyarial.com\/blog\/en\/achieving-growth-in-montreal\/","url_meta":{"origin":1882,"position":1},"title":"Achieving Growth in the Montreal Market","author":"Tracey Arial","date":"April 7, 2014","format":false,"excerpt":"A lack of employment growth and political uncertainty are hindering major growth in Montreal now, but quality top-of-line buildings and good retro-fits will do well over time, says a key Quebec developer. There is still a desire for quality,\u201d says Daniel Peritz, a senior vice-president with Canderel Management. \u201cI think\u2026","rel":"","context":"In "Island Report"","block_context":{"text":"Island Report","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/island-report\/"},"img":{"alt_text":"daniel_peritz_headshot","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/daniel_peritz_headshot.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1930,"url":"https:\/\/traceyarial.com\/blog\/en\/jack-diamond\/","url_meta":{"origin":1882,"position":2},"title":"Attracting Families Crucial to Urban Renewal","author":"Tracey Arial","date":"November 29, 2012","format":false,"excerpt":"The growth of Canada\u2019s inner cities is positive, says Jack Diamond. Now we need more diversity. The population of Canadian cities has been increasing rapidly for about a decade now. The trend reverses the previous trend towards decentralised communities within an ever-widening geographic base to such an extent that Jack\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"Jack Diamond","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/JackDiamond.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1868,"url":"https:\/\/traceyarial.com\/blog\/en\/saskatoon-high-performing-market\/","url_meta":{"origin":1882,"position":3},"title":"Saskatoon\u2019s High-Performing Market","author":"Tracey Arial","date":"November 29, 2012","format":false,"excerpt":"Our construction costs are still 20 or 30% higher for an identically-spec\u2019d building in Vancouver or Toronto,\u201d says Saskatoon developer Midmarket cities in western Canada have economies that are outperforming those in the major metro markets in the country, and that\u2019s leading to increased demand across all asset classes. We\u2019re\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"Dub\u00e9 headshot","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/DavidDube1.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1592,"url":"https:\/\/traceyarial.com\/blog\/en\/mark_renzoni\/","url_meta":{"origin":1882,"position":4},"title":"Steady as she goes","author":"Tracey Arial","date":"May 7, 2013","format":false,"excerpt":"Stable markets, continued low interest rates and strong capital markets will offset possible slow-downs in residential construction and jobs in the coming year for a cautiously optimistic overlook overall. \u201cThere\u2019s going to be a steady real estate market for all of Canada, especially for the major markets of Vancouver, Calgary\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"COO of CBRE","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/Renzoni.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1936,"url":"https:\/\/traceyarial.com\/blog\/en\/high-rise-shif\/","url_meta":{"origin":1882,"position":5},"title":"Major Canadian Cities Shifting to High-Rises","author":"Tracey Arial","date":"November 29, 2012","format":false,"excerpt":"The Shift Hits the Fan in the housing market By Michel R\u00e9my The results of decisions made by Ontario provincial ministers in 2005 when they decided to intensify housing in Toronto\u2019s downtown core are only becoming visible now. \u201cThe Growth Plan for the GTA is intensification, which means taking a\u2026","rel":"","context":"In "Cultural Identity"","block_context":{"text":"Cultural Identity","link":"https:\/\/traceyarial.com\/blog\/en\/category\/cultural-identity\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/comments?post=1882"}],"version-history":[{"count":7,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1882\/revisions"}],"predecessor-version":[{"id":1890,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1882\/revisions\/1890"}],"wp:attachment":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/media?parent=1882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/categories?post=1882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/tags?post=1882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}