The renters are now free to utilize virtual currencies to pay for a commercial lease in a northwest Calgary office building.
Calgary AB, Canada
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“I think what it will do is showcase that Calgary is a burgeoning and growing tech hub and it’s open for business,” said Barclay Street vice president Dan Harmsen.
Commercial real estate company Barclay Street is working with the owners of Real Equity Centre, an office building at 1716 16th Ave. N.W. in Calgary.
“In the listings that I have, and the tenants that I have looking, there are a ton of guys looking for space under 5,000 square feet,” said Dan Harmsen, vice-president of Barclay Str
Competitive rates, low vacancy may benefit long run
Calgary's emerging office condo market remains hot this year, according to Barclay Street Real Estate.
Near-empty skyscrapers and rising vacancy rates are pressuring landlords to offer big incentives – such as a year of free rent or money for renovations – to keep a shrinking number o
Discounted lease rates available for even Class A office space but - as during the last downturn - they may not last for long in either Edmonton or Calgary.
The depressed state of the Calgary office market evokes memories of the city’s situation seven years ago. What’s still unknown is if it will recover as quickly this time around.
With a strong business analysis background and more than 18 years in commercial real estate, Dan offers a full-service solution for his clients to meet all their real estate needs. With a client-centered approach Dan has become a recognized expert in the commercial real estate industry and has been featured in many media pieces for his knowledge and understanding of the local market.
After graduating in 1993 from the University of Calgary with a Bachelor of Commerce degree in Finance, Dan worked in managerial positions in commercial lending at HSBC Bank of Canada in Calgary, Kingston and Toronto. Dan decided he could offer a greater value in business by switching to commercial real estate market and joined the Barclay Street team in 2001. In 2005 Dan was invited to become a partner at Barclay Street and has since enjoyed an active role in the company.
Dan has leased over 2.5 million square feet and sold over $100 million in real estate sales in over 600 transactions representing both tenant and landlords in many complex transactions. With the unique blend of commercial lending experience and real estate assignments, Dan offers his client’s a unique perspective so he fully understands their business and effectively advocates and negotiates for their best interests.
As an art enthusiast and community activist, Dan has spearheaded many community initiatives through Barclay Street and personally including music, film and festival sponsorships.