Industrial Spaces Move Faster

Winnipeg Free Press (May 20, 2008)

Author: Mcneill, Murray
Permanent Link: http://ca.vlex.com/vid/industrial-spaces-move-faster-65085280
Id. vLex: VLEX-65085280

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Summary:

"I think the market has improved considerably in the last year in that larger industrial category," [John Pearson] said, adding he thought it would take three to six months to find a buyer for the Brewers Distributors building. "But we had three offers and there was other interest."

"We've been out shopping it around to some large industrial companies in that area (East Kildonan) and we've had several showings of the building," he said.

"In a sense, this is a small town for big buildings. When you get an item that's big, you need to find someone who can use it, and that's a small club."

Extract:

Industrial Spaces Move Faster

By Murray McNeill

They may not be the new belles of the ball, but larger industrial properties are definitely attracting more suitors these days, industry officials say.

While it used to take many months, sometimes years, to find the right buyer or...



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