cyberclark

One Trillion Dollar Commercial Real Estate Time Bomb Now Ticking

An interesting market to watch is Calgary Alberta. Calgary became the western Distribution point as companies built big box warehouses to distribute their products across western Canada and the US.

Over the years the twinning of the highway between Vancouver and Winnipeg has taken place. Many of the big box places and new warehouses in Calgary are no longer required. Rocky Mountain Double trucks can now run between Vancouver and Winnipeg. No need to stop in Calgary now.



There will be more tears there as money for selling their unwanted warehouses continues to dry up.