Industrial Space for Rent

A Comprehensive Guide to Finding Industrial Space for Rent

Thinking about leasing industrial space for your business? If so, you’re not alone. The demand for industrial space for rent in Calgary is on the rise and there isn’t enough supply to meet it. As a result, we’ve seen an increase in the number of leases that are ending, renewals on existing leases being declined, and landlords raising rents. This is also why there are very few good options when it comes to leasing industrial spaces. If you’re interested in finding industrial spaces for rent, this blog post will get you started. It covers everything from common types of lease structures to considerations when selecting an industrial space. The advice here will make your search for a new industrial space easier and help ensure that you find exactly what you need when the time comes to sign on the dotted line.

What is an Industrial Lease?

Before you begin your search, it’s important to understand the different types of leasing arrangements when it comes to industrial properties. The most common lease types are as follows: – Net-net lease: This type of lease is where you’re responsible for all of the expenses related to the property. These can include taxes, insurance, maintenance, repairs, and utility bills. While these types of leases are rare, they can be found from time to time. You’ll also see net-net lease structures in retail spaces. – Gross lease: This is the most common type of lease and is what most industrial leases fall under. This type of lease is where the landlord pays for all of the expenses related to the property. – Operating lease: This type of lease is where the tenant pays for the expenses related to the property and then the landlord receives a percentage of those costs once the lease is over.

Types of Industrial Leases

New Lease: If you’re leasing a new industrial space, you’ll likely end up signing a new lease. If so, you can expect an initial term of between five to 10 years. There may also be a “option to buy” clause tacked on to the end of the lease. If you’re signing a new lease that has an “option to buy” clause, you have a set amount of time (typically six months) to exercise that option and buy the property. Existing Lease: If you’re leasing an industrial space that’s currently occupied, you’ll likely be signing an existing lease. If so, you’ll want to confirm the following: – How long the lease runs. – The amount of rent. – The date of the next rent increase. – Any lease terms and conditions that might apply. – Any options to extend the lease.

Important terms to know when leasing industrial space

– Base Rent: This is the amount of money due each month under the terms of your lease. – Escalation Clauses: These are built-in increases in your base rent. They can be due to changes in energy costs or other external factors. – Security Deposit: This is the amount of money you’ll need to put down at the time of signing the lease to secure the space. Typically, you have one to two months to come up with the security deposit. – Signing Bonus: This is an amount of money that the landlord will give you at the time of signing the lease. It is often used to offset the security deposit. – Rent Increases: Early in the lease terms (typically in the first year), landlords will have the option to increase your rent. This can happen if energy costs increase or if there are other external factors in the area that affect your rent. – Option to Extend: This clause is common in gross leases. It allows you (the tenant) to extend the lease by a set period of time.

How to find the right industrial space for your business

When it comes to finding the right industrial space for your business, you want to consider the following:

Location – This will determine how close you are to your client base and shipping routes.
Size – You want to make sure that you have enough space to house your production equipment, storage space for finished products, and workroom/offices for your staff.
Utilities – You want to make sure that your industrial space comes with utilities that are reliable and affordable.
Accessibility – You want to make sure that your industrial space is accessible. You’ll want to confirm that it’s close to major highways, railroads, and airports.
Environmental Issues – Some industrial spaces are in areas that are prone to flooding or other environmental issues. You’ll want to confirm that your space is safe and protected from these potential disasters.

Why lease when you can buy?

Leasing industrial space is often the smarter option for small businesses. The following are some of the reasons why:

Your cash flow. If you’re leasing industrial space, you can often get a shorter lease term. This will allow you to get into the space faster while giving you more time to save up and buy.
Flexibility. Industrial leases are typically short-term and come with easy exit clauses. This gives you the freedom to expand or downsize your space as needed.
Building and maintenance issues. Some industrial properties have questionable wiring, plumbing, and other structural issues. If you buy a property, you’ll have to deal with those issues and may have to fork out large amounts of money for repairs.

What to Look for in a Great Industrial Space

Now that you know what to look for in a great industrial space, here are some key features to focus on:

Space: The first thing you’ll want to confirm is that the space has enough room for your needs. There may be limitations on the number of square feet that each tenant is allowed.
Location: The next thing you’ll want to confirm is that the industrial space is located in a good area. You want to make sure that it’s in an area that is safe and accessible.
Utilities: Utilities are another important factor to consider. You’ll want to confirm that you have enough power to run your equipment and that the water is clean and reliable.

Other Considerations

Power and water availability: You want to make sure that you have enough power to run your equipment and that the water is clean and reliable. – Traffic: You want to confirm that the industrial space is located in an area that has low congestion and easy access.
Security: You also want to make sure that the industrial space has the latest in security measures in place. This will help keep you and your products safe.
Zoning: Finally, you want to confirm that the industrial space is located in an area that is zoned for industrial uses. You don’t want to sign a lease and then find out there is something wrong with the zoning.

Elevators and Lifts in Your Home

Best Qualities to Look For in a Home Elevator

Your Calgary home could increase in value and become more desirable if you put it in an elevator. This is why elevators are getting more popular day by day.

home elevators benefits

It becomes more accessible even to ordinary homeowners. It provides a lot of convenience and elegance. People with disabilities and the elderly ones will be able to move easily whenever they want to.

The usual stairs will not be obsolete though but their usage will be minimized already. Stairs will just be used if you want to have some physical activities going.

Modern multi-level homes are putting this mostly for mobility and privacy. The freedom of access that it gives is extraordinary. The combination of accessibility and style is the usual characteristics that you can see on home elevators.

If you are looking for a home elevator service company in Calgary, check out Ascension Elevators.

Installing the Home Elevator

Home elevators are amazing to look at and the function is superb. Not only that, the process of planning and installation of a home elevator is exciting.

You can see the meticulous process of how a home elevator is placed. Finding the right elevator, where it will be placed, and the installation proper is what you’ll expect.

The installer must be knowledgeable enough to ensure that the elevator will be installed properly. But what are the usual qualities that you should look for in a home elevator? We will now discuss it in the following subchapter.

The Qualities

Customizable

It is a great factor if the elevator is open for customizations. In that way, you can put your personal touch on the elevator. As a result, the design of the elevator will blend well with your home’s interior.

So aside from the quality and features, be sure to check the design as well. Having an elevator that can be customized is an added benefit that you should not take for granted.

Compactness

The elevator must be spacious on the inside and not bulky on the outside. This will make the installation easier and faster at the same time cost-friendly. The fact that the elevator is not bulky, will not consume that much space on your property.

Safety Features

You do not want injuries to happen inside your home because of your elevator. So it would be great if the elevator is full of safety features.

Check the elevator before buying. Are the features will provide safety to you and your family? You can check the elevator’s brochure for the specifications.

Manufacturer warranty and maintenance plans

When buying a home elevator, don’t forget to check if there is a warranty. This will protect you in case you noticed some problems with the elevator.

Aside from that, there must be a solid maintenance plan that is provided by the elevator company. This will keep your elevator in good working condition at all times.

Conclusion

Elevators are truly a gift. It makes life easier. However, it is always best if you will have the elevators that are the best of both worlds. So always remember to check the qualities first before opting to buy one.

Church Renovations and Bible Study School Renovations

dispensationalism bible study church renovation — Dispensationalism bible study church renovation.

Many churches in Canada and the USA were built over 50 years ago. As a result, many are in need of renovation work. It doesn’t matter which church or what is being taught, many buildings are old and in need of fixing up.

Within these churches, the Word of God is bight taught. Some people do interpret the bible literally. This is why there is an unending debate regarding it. Those people have an ideology of dispensationalism.

Grace Bible Community Church located at 705 North Mountain Rd. , Newington, CT, 06111, Tel:860-869-0961 http://gbccct.org/ is one such church.

They take it word for word even if there is a deeper meaning behind them. There might be two reasons for this.

From a philosophical perspective, some people believe that the interpretation of something depends on the meaning of the words. Most especially in the bible, they have the notion that the language given to us by God must be used accordingly to what it is meant.
The next reason is biblical. If you will notice, every prophecy that talks about Jesus Christ in the Old Testament happened exactly what is written word for word. Some of the best examples of it are the following:
The birth of Jesus
Ministry
Death
Resurrection

This is the proof that dispensationalism really works that is why many have that kind of thinking. The belief is that there are two different peoples of God namely the Church and Israel.

Also, they take a stand that salvation can only be attained by means of sole faith. They believe that what God has promised in Israel back then was not passed on to the current Church.

Dispensationalists grasp the Bible according to the following seven dispensations:

Innocence
Conscience
Human government
Promise
Law
Grace
Millennial kingdom

Conclusion

We have proven that dispensationalism is a kind of theological ideology that promotes the literal interpretation of the scriptures. Also, they emphasize the distinction between the Church and Israel and arrange the Bible into various dispensations.

We have also highlighted the fact that many churches are in need of renovation work.

Battle of Alberta: Arena Wars Pt. 2, “Calgary Strikes Back”

Edmonton, Alberta’s Capital City, has nearly completed its brand new arena. This epic addition to the city has already sent shockwaves through the world of sports-related construction, and even though the eventual cost will pass the $600 million mark, the project appears to be poised to benefit the local economy immensely, with billions of dollars in investment already beginning to pour in.

calgary strikes back

So, when one rival makes a “power move” of such impact, what might be a fitting response?

Possibly to stand back, clap generously, and admit defeat?

Not bloody likely.

The Calgary Flames Sports and Entertainment is in the process of planning “CalgaryNEXT.” Located in the West Village, this $890 million mega-complex is of grandiose proportions. If completed, it will not only be home to the Calgary Flames, but also the Hitmen (Western Hockey League), Roughnecks (National Lacrosse League), and the Stampeders (Canadian Football League).

Yes, The Stampeders.

Along with the proposed hockey arena, which would seat slightly fewer fans than the new Oilers rink, the facility would also include 30,000 seats at an interconnected indoor stadium. Here, the Calgary Stampeders would play their home games.
The current proposal has Calgary’s public taxpayers paying roughly $200 million to complete the project, about the same as Edmonton’s citizens paid. However, unlike former Edmonton Mayor Stephen Mandel, Naheed Nenshi appears to be stubborn when it comes to picking the pockets of his populace:

“I know that Calgarians require very wealthy people from New York to come and tell us what we need to do in our community because they understand vibrancy better than we do,” Nenshi stated. “Perhaps in other cities that he has come to, the city councils have just written checks based on back-of-a-napkin proposals without any consultation to the public or without any analysis. That’s not how we operate here.”

NHL Commissioner Gary Bettman has threatened that Calgary’s 30-year-old stadium is too decrepit to play host to an All-Star Game or NHL Entry Draft, and has even brought the battle of Alberta into the rhetoric:

“When Canada celebrates the 150th anniversary of its confederation, the Battle of Alberta hockey will still be legendary, but the Battle of Alberta arenas won’t be close — and that’s no joke.”

This has failed to rattle the cage of Calgary’s Mayor, as he asked, “When did we get to a point where a 30 year building is considered obsolete?”

Nenshi will wait for the committee behind CalgaryNEXT to research their cause further and provide legitimate reasoning for the construction of the macro-complex. Mayor Nenshi will have his plan of action dictated mostly by one voice: the tax-paying public.

The CalgaryNEXT committee believes there are a number of benefits to Calgarians, including an initial $900 million in construction activity. As far as the construction of this new Calgary sports facility goes, it would be hard to believe that this is a matter of “if” and not “when,” but Calgarians should be proud that their leader is avoiding the controversial (and arguably heedless) immediacy of Edmonton’s earlier in the 2010s. Calgary and Edmonton are two very different cities; they have different needs. Right now, Nenshi believes that a more modern sports facility (at great expense to the municipal and public purse) is not an immediate need, nor a commitment worth rushing into with questionable terms. When (or if) the project does begin, it will be a feat of construction that may manage to steal some thunder from Calgary’s rival to the North.

Edmonton Construction News – Edmonton’s Rogers Place Arena

Battle of Alberta: Arena Wars Pt. 1, “A New Hope”

On February 16, 2016, Rogers Media Executive Scott Moore published the following ‘tweets’ on his Twitter account:
“Just had a tour of Rogers Place Arena in Edmonton 6 months to opening. It will be–by far–the most impressive arena in North America.”
“… Overall, amazing architecture.”

These statements were made in regards to the massive construction undertaking which began to emerge as a dominant conversation topic in Edmonton in 2011. But, in contrast to the optimism which is gracing the project as it takes form, it has not been all sunshine and stadium beers over the last five years.

Built in 1974, the Oilers’ current home, Rexall Place is currently the NHL’s second-oldest arena. Five Stanley Cup winning squads have called the building home. However, lately, Rexall Place has frequented lists of “Worst Arena’s in the NHL,” sat near the bottom of “Fan Experience” rankings, and even racked up 24 health code violations, which has earned it the prestigious title of “Canada’s worst major sports stadium for food safety.”

In July of 2008, Daryl Katz purchased the Edmonton Oilers franchise for $200 million dollars. Then, the pharmaceutical mogul quickly enacted his plan of action: to construct a proper home for the Oilers, while revitalizing Edmonton’s sleepy downtown.

Initially, skeptical voices in the public sounded with fury when it was learned that Daryl Katz was contributing a mere $100 Million of the anticipated $600 million required for the project. Many were upset with (former) Mayor Stephen Mandel for using his influence and power to appropriate municipal, provincial, and public funds to ensure the imminence of Katz’s vision coming to fruition.

Now, after a tumultuous journey in which the eccentric billionaire repeatedly stepped on the public’s toes, Katz has committed $161 million. The City of Edmonton has agreed to contribute $279 million- mostly through a Community Revitalization Levy. The CRL practically acts as a loan that will be paid back by the real estate projects which this arena project will bring to life; these investments appear to be substantial. Still, this means that over $200 million is coming from Edmonton taxpayers, which has angered many.

But the impact on the economy and identity of Edmonton cannot be understated and is only beginning to be understood. So far, $2.5 billion worth of investments and real estate development in Edmonton’s downtown can be traced directly to the arena and the “Ice District.” Perhaps the centerpiece of the ripple of construction that is expanding from the arena is the 62-story Stantec Tower, which will be Canada’s second-highest standing tower.

The state-of-the-art arena facility will seat almost 19,000 people. It will also be connected to many shops, hotels, and restaurants, a smaller hockey rink that will host up to 1000, and a massive High Definition scoreboard screen that is slated to be the biggest in the world.

Construction began on March 3, 2014, and the building is finally taking shape. Now, the excitement around the city is beginning to swell. Prior pessimism is eroding as Edmonton’s dreary downtown is beginning to brim with potential. Property values near the nucleus of the action are soaring and Edmonton is receiving international attention for this ambitious urban accomplishment. One can only hope that the Edmonton Oilers, who have dwelt in the basement of the NHL’s standings for nearly a decade, can be ready to do their new home justice when they begin the 2016-2017 season this coming October.

Meanwhile, not to be outdone, their rivals in Calgary are planning a sports facility of their own, which we will explore in Part 2 of this series…

Calgary Construction News – Ring Road

Calgary Ring Road Nears Completion

After 40 years of ups and downs around an incomplete circle, the final stretch of the Calgary Ring Road construction saga is almost in sight. NDP Infrastructure Minister Brian Mason has vowed that this summer, a contractor will be selected. Construction will begin before the end of the year, according to Mason.

road construction finishing

He went on about the importance of the agreement which, after decades of rejection, was finally reached between the province and the Tsuut’ina Nation in 2013. This historic agreement arranged for the transfer of over 5000 acres of reserve lands to accommodate a portion of the Southwest Calgary Ring Road… Over $340 million in funds were agreed to be paid to the Tsuut’ina Nation, and final arrangements for completing the road could finally be made.

With traffic expecting to finally be moving (and stalled) on the road by the fall of 2021, it is difficult to fathom that the idea of building this Calgary Ring Road project began to gather momentum over 60 years ago, and real action began taking place in the 1970s. It’s been a long time coming.
As of the last public update, 3 potential contractors had been shortlisted from the list of qualified applicants: Mountain View Partners, Valley Link Partners, and Southwest Connect.

It is estimated that, in the end, this leg of the road will end up costing $2.8 billion to construct. Still, it is easy to agree; sometimes, less jam in the rush hour traffic seems absolutely priceless.

Custom Table Project

Hello everyone,

Happy New Year to all our esteemed clients and visitors of this blog. We are proud to announce that our 5-star rating blog is full of ambition, renovation projects, and success! We have been very busy. However, it will not make us stop what we love doing!

Since the last talk and the end of the bottom of the grand staircase, I started a table project. After creating a model in Sketch Up, I went to buy oak timber directly from a sawmill. I started by edging the pads to remove the sapwood and defects, and to select my pieces. Nico (workmate) thank you for the help! Hours later, the necessary boards were ready to move on the jointer.

Fast forward, Nico and I then planed 4 feet poles to move from one section of 12 x 12 cm (gross) 10 x 10 cm (planed). I had then aligned to cut the same length. The four legs are ending, Melanie came as reinforcements to help me planning the boards. Having no chip vacuum, we laid a carpet workshop in the wood. Then I invested in a brilliant – but very expensive tool, a Festool Domino. This creates the false stand with impressive precision. That looks like the beast.

And here was the first try that helped assemble the feet by 2:

After a sound collage we noticed a slight difference between the sleepers and poles. This corresponded to the thickness of the plate since the table legs were to be apparent above.

After that, each board was grooved to the router, and a 10mm plywood tab was inserted into each junction, along the entire length. Oak reinforcements were screwed from below to improve the stability of the assembly. Romaine came to help me to glue it all, thanks to him! The next day, after the glue had dried, I sawed the board and had inserted it into the previously created structure. The wood wedding tray ended, and I liked it immediately! I then cut the last missing pieces and assembled them the same way.

Finally, after many hours of sanding, spackling a few knots, treatment with xylophene then three coats of matt clearcoat, we placed the table in the house. On a serious note, I was very proud of the result. My first table, 2m 20 x 1m 05, solid oak was eventually complete.

A project that I liked, despite the thirty hours it consumed. The table remained until Christmas to Mr. Cordova, and then she went to her new owner in Regina. This job was labor intensive so I was very happy that I invested in a professional planer-jointer. I decided to sell my Lurem C200 (jointer-planer only). The table was a reflection of what it can achieve. If anyone is interested, kindly pull the trigger and let me know!

After this mega project, we tackled the living room. Melanie took care of the painting. Several years ago we lived with the underlay of gypsum board, which frankly was not the most beautiful effect. A gray “dove”, very soft, had covered the entire room. The interior integrated living room furniture assumed a darker gray color…we had to do something and bring life back to the weird place!