Chew's News

Incentive Resources for Industries Looking to Invest in Niagara

Posted by Greg Chew on Sep 20, 2017 8:42:41 AM

More and more businesses are investing in Niagara due to the American border proximity, the Welland Canal and access to the GTA consumer market. The residential real estate market has also proven that Niagara is becoming increasingly popular as place of primary residency; bringing more potential employees, consumers and investors.

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Topics: Industrial development, industrial real estate

What to look for when leasing warehouse space in Niagara

Posted by Greg Chew on Apr 27, 2017 4:04:31 PM

There are many advantages in choosing Niagara for warehousing.

Low and competitive lease rates, foreign trade zone status, border proximity and transportation assets are just a few that allow warehouse based industry to thrive. If you’re currently searching for a Niagara warehousing space to lease there are a number of things to consider. Before you jump to signing a lease, it’s important for you to make sure you know exactly what you’re getting yourself into.

Here are items to consider when leasing warehouse space in Niagara.

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Topics: industrial real estate

Understanding the Niagara Industrial Real Estate Market

Posted by Greg Chew on Jan 12, 2017 9:41:51 AM

The Niagara industrial real estate market is in a unique position, with some of the most affordable gross lease rates in Ontario. However, there are very few industrial buildings on the market for lease or sale and the incentive to build for investors does not always make sense from a competitive perspective.   

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Topics: industrial real estate

Arguments for industrial investment in Ontario

Posted by Greg Chew on Aug 9, 2016 3:58:36 PM

 

Ontario offers industry a unique environment supported by innovation, competitive business costs and an educated workforce.

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Topics: Industrial development, industrial real estate

Industrial condo trend taking off

Posted by Greg Chew on May 12, 2016 2:19:50 PM

In Vancouver, where real estate values continue to skyrocket and old is constantly renewed, industrial land is feeling the encroachment of the residential push. Industrial pockets in Vancouver are taking a nod from high density residential developments and are undergoing a revitalization of their own.

Through these revitalization projects one development trend is proving to be a highly successful investment: industrial condos.

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Topics: Niagara, industrial real estate

New Global Export Forecast sees important growth for Ontario Industry

Posted by Greg Chew on May 5, 2016 2:04:31 PM

EDC’s April release of the Global Export Forecast report shows Ontario as Canada’s export leader over 2016. A number of factors are driving the predicted 7% growth for Ontario industry including a low Canadian dollar, a high sales demand from the U.S. and a healthy auto sector.

The auto sector, which accounts for 40% of Ontario’s exports, could see growth as high as 10%. This movement is reassuring for the industry reliant Niagara economy.

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Topics: Industrial development, industrial real estate

What to know about investing in an industrial property in Niagara

Posted by Greg Chew on Feb 11, 2016 3:58:39 PM

There are many factors that must be considered before investing in your own industrial property in Niagara. Your business should forecast cash flow, debt, taxes, future plans and your businesses rate of growth to first determine that this is the right decision for your business.  

There are a number of benefits in owning your own space; you own an asset, you can customize your space, you control monthly payments and there are income earning opportunities. Owning your own industrial space, or even a multi-tenant industrial property can build equity and offer the opportunity to earn. Once you have decided to invest in a Niagara industrial property you’ll need to consider a number of factors.

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Topics: Industrial development, industrial real estate

Where to purchase industrial land in South Niagara

Posted by Greg Chew on Jan 19, 2016 3:47:36 PM

Municipalities in South Niagara are hoping to grow their industrial footprint through greenfield industrial parks and attractive local and regional incentive programs. South Niagara, for the purpose of this article, encompasses the coastal towns of Fort Erie and Port Colborne.

South Niagara industrial parks range from strips of land along the QEW to large parcels adjacent to the Welland Canal. Their advantages lie in affordability, multi-modal transportation, access to skilled workers and competitive incentives that ease the cost of development.  

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Topics: industrial real estate

Growing industry in Niagara: Welland recognized as great place to do business

Posted by Greg Chew on Jan 7, 2016 4:42:04 PM

My last blog of 2015 showcased the revitalization and economic development efforts in downtown St. Catharines, click here if you missed it.  But, downtown St. Catharines was not the only cluster in Niagara experiencing progressive economic development. Welland continued to make waves by closing out 2015 with a Top 10 ranking on profitguide.com under its annual Best Places in Canada to do Business, the only Niagara municipality to make the list.

This ranking fell under the business-friendly tax and regulatory regimes category, which speaks to the accommodating nature of working with Welland’s city hall. The city has become one with a reputation for efficiency in processes and ease of doing business, a reputation that continues to attract new business.

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Topics: Industrial development, Welland, industrial real estate

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