Employing the next generation - BUILDING GUIDE - BOMA Calgary

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Employing the next generation - BUILDING GUIDE - BOMA Calgary
2012 2013

                                         BUILDING GUIDE

Employing the next generation

     INSIDE:
the calgary area     INDUSTRY ANALYSIS OWNERSHIP AND LEASING
                                                 www.calgaryherald.com/bomalistings.com / Boma building guide – calgary   1   2012-2013
 commercial real     INFORMATION MAPS OFFICE, INDUSTRIAL AND RETAIL
      estate scene   OVERVIEWS
Employing the next generation - BUILDING GUIDE - BOMA Calgary
2012-2013   2   Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
Employing the next generation - BUILDING GUIDE - BOMA Calgary
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                                                               www.calgaryherald.com/bomalistings.com / Boma building guide – calgary           3   2012-2013
Employing the next generation - BUILDING GUIDE - BOMA Calgary
2  3
26th annual Boma building guide

1 1
                                                                                                                                                                          Publisher: BOMA Calgary

  -
                                                                                                                                               ASSOCIATE Publisher: William G.R. Partridge, cae

                                                                                                                                                       BOMA COMMUNICATIONS COMMITTEE:
                                                                                                                                                                               Vicki Gibbs (Chair);
                                                                                                                                                                      Dana Burns, Calgary Herald;
                                                                                                                                              Jay de Nance, Fairfield Commercial Real Estate Inc.;
                                                                                                                                                              Roger Hanks, Skyling Roofing Ltd.;
                                                                                                                                                                       Carol Lewis, Calgary Herald;
                                                                                                                                                          Bobbi Joan O’Neil, Business in Calgary

Contents
                                                                                                                                                                               Rita Reid, Cominar;
                                                                                                                                                                     Lia Robinson, BOMA Calgary;
                                                                                                                                                            Kristen Wilkinson, N/ERGY Solutions
                                                                                                                                                                   Jamie Zachary, Calgary Herald

                                                                                                                                                            EDITOR: Jamie Zachary, Calgary Herald

                                                                                                                                                                             Contributing WRITERs:
                                                                                                                                              Shannon Sutherland; Michael Kehoe; David Parker;
                                                                                                                                                                  Luke Stiles; William Partridge
                                                                                                                                                                      PHOTOGRAPHY: Calgary Herald

                                                                                                                                                                         Cover PHOTO:     Gavin Young
                                                                                                                                            DESIGN AND LAYOUT:      Calgary Herald Special Projects
                                                                                                                                   The BOMA Building Guide is a joint venture of BOMA Calgary,
                                                                                                                              Suite 120, 4954 Richard Rd. SW, Calgary, Alberta, Canada T3E 6L1
                                                                                                                                                  Telephone 403-237-0559, Fax 403-266-5876,
                       6     Fast facts: Calgary at a Glance                                                                                                             e-mail: info@boma.ca

                                                                                                                                                                         and the Calgary Herald
                                                                                                                                          215-16th Street SE, Calgary, Alberta, Canada T2E 7P5
                                                                                                                                                            403-235-7219, Fax 403-569-4703
                       9     Messages from the Mayor of Calgary/Premier of Alberta                                 Additional copies of the Building Guide are available from BOMA Calgary.
                                                                                                                                            View the Building Guide online at www.boma.ca
                                                                                                                                           ©2012 by the Calgary Herald and BOMA Calgary. Printed in Canada
                      10     BOMA Views

                      11     Millennials motivated by new set of priorities
                                                                                                                                     BUILDING OWNERS AND MANAGERS
                  14-52      Building listings and maps                                                                                      ASSOCIATION OF CALGARY

                      19     Retail industry rocking with new projects

                      31     What’s next for industrial’s central markets

                  36, 45     Commercial sector overviews

                      53     Next Gen playing by different set of rules

                      56     Attrition opens doors to new workers                                                                          We produce easy to
                                                                                                                                            read computerized

                      58     Money not the only motivator for young professionals                                                         “As Built” floor plans
                                                                                                                                         of existing Commercial
                                                                                                                                          Real Estate measured
 The BOMA Building Guide                                                                                                                   to BOMA standards.

 uses environmentally responsible papers                                                                                           The Solution to your “As Built”
                                                                                                                                            needs since 1989.
 BOMA is committed to environmental stewardship. By choosing partially post-consumer recycled fibre
 instead of virgin paper for this magazine, the following savings to our natural resources have been realized:
                                                                                                                                CERTIFIED MEASUREMENT
 n Trees: 9 (2 tonnes of wood)
                                                                                                                                    PROFESSIONAL
 n Wastewater: 16,527 litres
 n Landfill material: 133 kilograms
 n Net greenhouse emissions: 365 kilograms                                                                                      Calgary • 403-238-3555
                                                                                                                                           msrmasters@shaw.ca
 n Energy: 5,275,279 kilojoules
                                                                                                                           All area measurements are drawn to scale, are guaranteed and
                                                                                      — Mitchell Press Eco Audit          backed by a $1,000,000.00 Errors & Omissions Insurance Policy

2012-2013    4     Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
Employing the next generation - BUILDING GUIDE - BOMA Calgary
Fully integrated
               tenant solutions

                     WE HAVE A STRONG NATIONAL
                     PRESENCE TO HELP SERVE THE
                    DIVERSE NEEDS OF OUR TENANTS

                                To view our portfolio of properties, visit:

                              www.dundeerealty.com
                              Or contact us at: 403.212.7114
Northwest Territories British Columbia Alberta Saskatchewan Ontario
                                 www.calgaryherald.com/bomalistings.com / Boma building guide – calgary 5 2012-2013
     Quebéc New Brunswick Prince Edward Island Nova Scotia
Employing the next generation - BUILDING GUIDE - BOMA Calgary
Calgary at a Glance
   Situated in the beautiful Rocky Mountain Foothills,
   Calgary rates as the world’s cleanest city.
   Calgarians are proud of their surrounding playground
                                                                                                                                                                              Calgary ranks fourth among major
   of mountains and rivers, which help attract and retain the                                                                                                                 Canadian cities in real GDP growth,
   energetic individuals who make up the city’s workforce.
                                                                                                                                                                              at 3.1 per cent in 2011.
   u Year Incorporated: 1884 as a town, 1894 as a city
   u Location: 51.6N; 114.1W
   u Geographical size: 848 square km.
   u Elevation: 1,084.1 metres (3,556.8 feet) above sea level                                                                                                                                 GDP DISTRIBUTION
   u Climate: Calgary ranks first among Canada’s 100 largest                                                                                                                             BY INDUSTRY, CALGARY CMA
     cities, with:                                                                                                                                                                     INDUSTRY                           2011 DISTRIBUTION
     • More than 2,300 hours of sunshine annually.                                                                                                                                     Manufacturing                                             8.2%
     • Sunniest days year-round and in winter.                                                                                                                                         Construction                                              7.2%
                                                                                                                                                                                       Primary, Utilities                                       20.8%
     • Summer temperature (June – August)                                                                                                                                              Transportation, Warehousing                               5.7%
       – Daily average: 15.2C (59.4F)                                                                                                                                                  Information, Cultural Industries                          3.4%
                                                                                                                                                                                       Wholesale, Retail Trade                                  10.4%
       – Daily maximum: 21.9C (71.4F)                                                                                                                                                  Finance, Insurance, Real Estate                          17.6%
                                                                                                                                                                                       Business Services                                        10.0%
     • Winter temperature (December – February)                                                                                                                                        Personal Services                                         5.0%
       – Daily average: -7.5C (18.5F)                                                                                                                                                  Non-Commercial Services                                   8.6%
                                                                                                                                                                                       Public Administration, Defence                            3.1%
       – Daily maximum: -1.4C (29.5F)                                                                                                                                                                                 — Source: Corporate Economics
     • Rainfall per year is 321mm (12.6 inches)
     • Snowfall per year is 127cm (50 inches)

    Calgary has the second youngest population
    of Canada’s major cities, with a median age
    of 35.9. Nearly 60% of Calgarians are within
    the core working age group of 25-64.                                                                                                                                                 EMPLOYMENT DISTRIBUTION
                                                                                                                                                                                         BY INDUSTRY, CALGARY CMA
   u Population
                                                                                                                                                                                       INDUSTRY                           2011 DISTRIBUTION
          Calgary Economic Region (July 2011): 1,362,370
                                                                                                                                                                                       Agriculture, Forestry, Fishing, Hunting                  0.0%
          Calgary CMA (July 2011): 1,265,119                                                                                                                                           Mining, Oil and Gas Extraction                           7.1%
                                                                                                                                                                                       Utilities                                                0.8%
          City of Calgary (April 2012): 1,120,225                                                                                                                                      Construction                                             9.6%
   u Population density :                                                                                                                                                              Manufacturing                                            6.8%
                                                                                                                                                                                       Wholesale Trade                                          4.2%
          2,289 people per square km                                                                                                                                                   Retail Trade                                            11.2%
                                                                                                                                                                                       Transportation, Warehousing                              5.5%
   u Personal income per capita:                                                                                                                                                       Information, Cultural Industries                         2.1%
          $55,227 (2011)                                                                                                                                                               Finance, Insurance, Real Estate, Leasing                 5.3%
                                                                                                                                                                                       Professional, Scientific, Technical Services            11.8%
                                                                                                                                                                                       Management of Companies and Enterprises                  0.0%
Transportation access: Fourth busiest airport in Canada, with
                                                                                                                                                                                       Administrative, Support, Waste Management                3.7%
12.8 million passengers in 2011.                                                                                                                                                       Educational Services                                     5.6%
                                                                                                                                                                                       Health Care, Social Assistance                          10.4%
                                                                                                                                                                           1,120,225
                                                                                                                                                                          1,090,936
                                                                                                                                                  1,065,455
                                                                                                                                                              1,071,515

                                                                                                                                                                                       Arts, Entertainment, Recreation                          2.7%
                                                                                                                                                 1,042,892
                                                                                                                                     1,019.942

                                                                                                                                                                                       Accommodation, Food Services                             5.8%
                                                                                                                                    991,759

 city of Calgary’s
                                                                                                                          933,495

                                                                                                                                                                                       Public Administration                                    3.2%
                                                                                                                904,987

 Population growth:                                                                                                                                                                    Other Services                                           4.2%
                                                                                                      860,749

                                                                                                                                                                                                                            — Source: Statistics Canada
                                                                                            819,334
                                                                                  767,059
                                                                       738,184
                                                             717,113
                                                   692,885
                                         657,118
                               640,645
           623,133

                     619,184
560,618

                                                                                                                                                                                          Calgary has the second-highest level of
                                                                                                                                                                                          educational attainment of population age
                                                                                                                                                                                          25 to 64 among major   Canadian
                                                                                                                                                                                                              Boma building guide – cities.
                                                                                                                                                                                                                                    calgary 6 2009-2010
1980                                                                             1996                                                                                     2012

      2012-2013                  6            Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
Employing the next generation - BUILDING GUIDE - BOMA Calgary
Centron specializes in real estate development, leasing, sales and
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                                          www.calgaryherald.com/bomalistings.com / Boma building guide – calgary      7   2012-2013
Employing the next generation - BUILDING GUIDE - BOMA Calgary
Index of                                                  Your most comprehensive guide to Calgary buildings
                                                               The information presented in the print and online versions of the 2012-2013 BOMA Building Guide, and

    Advertisers                                                in the online listings database at calgaryherald.com/bomalistings,
                                                               was supplied to BOMA Calgary by various building ownership and
                                                               management industry sources, most of whom were the building
Company Name  . . . . .  Page No.                              owners’ representatives.

                                                               While BOMA believes this information to be accurate, it does not
Assessment Advisory Group . . . . . . . . . . 25
                                                               warrant it to be so. In the event that your building is not listed, or the
Black & McDonald . . . . . . . . . . . . . . . . . . 44        information presented has changed or is otherwise incorrect, please notify BOMA Calgary at 403-237-0559
                                                               or info@boma.ca immediately.
Brookfield Properties Corporation . . . . . . . 2
                                                               Updates, additions or changes to this information may be sent to info@boma.ca
Calgary Real Estate Board  . . . . . . . . . . . . 37
Canem Systems . . . . . . . . . . . . . . . . . . . . 12
CBRE Limited . . . . . . . . . . . . . . . . . . . . . . . 9
                                                                                            A Successful
Centron Real Estate Development & Construction . . 7
Dafco Filtration Group  . . . . . . . . . . . . . . . 53
                                                                                         Business Tradition
                                                                                A quality business environment with new technology and advanced systems
Dundee Realty Management  . . . . . . . . . . . 5
Estancia Investments Incorporated . . . . . . 8
Ever-Clear Property Services Inc. . . . . . . . 51
Evolution Glass  . . . . . . . . . . . . . . . . . . . . 51
Factor Construction . . . . . . . . . . . . . . . . . 59
GDI Integrated Facility Services . . . . . . . . 25
Hallmark Housekeeping Services Inc.  . . . 45
Humford Management Incorporated . . . . 25
                                                                                                                                                                                                Bradie Building
ICM Realty Group Limited  . . . . . . . . . . . . 59
Labbe-Leech Interiors Limited . . . . . . . . . 17
Manchester Properties Inc.  . . . . . . . . . . . 23
Measure Masters Calgary/Prairies . . . . . . . 4
Morguard Investments Limited . . . . . . . . 11
Mulvey + Banani International  . . . . . . . . . 46
Opus Corporation . . . . . . . . . . . . . . . . . . . 64
Remington Development Corp. . . . . . 33, 39                                                                                                                                                  Kensington Place
Renfrew Insurance . . . . . . . . . . . . . . . . . . 46
Royal Construction Limited . . . . . . . . . . . 51
ServiceMaster of Calgary . . . . . . . . . . . . . 57
Servpro Cleaning Incorporated  . . . . . . . . 54
Skyline Building Envelope Solutions . . . . . .  60
Sizeland Evans Interior Design Inc. . . . . . . . .  27
Stantec Consulting Limited  . . . . . . . . . . . 61
                                                                                                     717 - 7th Ave. SW
                                                                                                                                                                                 Kensington Professional Centre
Stones Carbert Waite LLP  . . . . . . . . . . . . 54             Elveden Centre • This three tower office complex has a total rentable area of      A great place to start; a great place to grow; a great place to continue a successful business
                                                                 approximately 450,000 square feet. The three towers, Iveagh House, Elveden House   tradition. Other properties available include the Bradie Building, Kensington Place and
Superior Janitorial Services Ltd.  . . . . . . . 63              and Guinness House are connected at grade by a glass atrium enclosing a variety    Kensington Professional Centre. Our portfolio consits of approximately 700,000 square feet of
                                                                 of shops and services.                                                             quality office properties.
Target Realty Corp. . . . . . . . . . . . . . . . . . . 44
Tyco Integrated Security  . . . . . . . . . . . . . . 3
                                                                 Estancia Investments Inc • (403) 269-4381                                                   450, 707 - 7th Ave. SW Calgary, AB. T2P 3H6
                                                                                                                                      www.estancia.ca
2012-2013     8      Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
Employing the next generation - BUILDING GUIDE - BOMA Calgary
Message from                                                                         Message from
                        the Premier                                                                          the Mayor
                         On behalf of the Government of Alberta, it is                                         On behalf of the citizens of Calgary and my
                        my pleasure to extend greetings to users of the                                      City Council colleagues I am pleased to extend
                        2012-2013 BOMA Building Guide.
                                                                                                             greetings to all of you reading the 2012-2013
                           Thank you to the publishers of the BOMA
                         Building Guide for highlighting the opportunities                                   BOMA Building Guide.
and demands in the fields of commercial real estate, building management                                       The BOMA Building Guide continues to be
and operations. The real estate industry is a valuable contributor to the
                                                                                   a valuable resource for people interested in the commercial real estate
provincial economy, employing an estimated 26,500 people and adding
about $5.22 billion to our gross domestic product.                                 sector in Calgary. We are a young city, full of ambitious workers who are

  Albertans are excited about the province’s future and welcome the                eager to help you grow your business. Calgary is ranked highly as an
opportunities that come with strong economic growth. The Government of             emerging global financial centre; we know what it takes to build a loyal
Alberta is committed to working with communities and businesses to main-
                                                                                   workforce and a successful enterprise in this competitive economy.
tain the conditions that will support ongoing economic prosperity.
This includes strategic investments in infrastructure, low taxes and                 When you choose to invest in Calgary, you are not only investing in a
continued development of a knowledge-based economy that encourages                 business. You are investing in the future of this city and its people. I
innovation, entrepreneurship and a skilled workforce.
                                                                                   encourage you to explore all of the opportunities Calgary has to offer.
   Special thanks to the building owners and managers who are helping
create the Alberta of tomorrow, and for BOMA’s efforts, from supporting
environmental solutions and energy efficiency to the use of social media for         Sincerely,
advocacy, education and networking.
I hope you enjoy this edition of the
Building Guide and learn more about
the many opportunities in Calgary
and Alberta.
                                    Allison M. Redford, Premier of Alberta                                                 naheed k. nenshi, Mayor of Calgary

#1 in Commercial Real Estate Worldwide. 438 Offices Worldwide.
CBRE Limited is the world’s leading real estate services company. We deliver the people, services
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COMPREHENSIVE REAL ESTATE SERVICES                                                                                       Alberta Offices:
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                                                                      www.calgaryherald.com/bomalistings.com / Boma building guide – calgary        9    2012-2013
Employing the next generation - BUILDING GUIDE - BOMA Calgary
BOMA VIEWPOINT

Time is now for the next generation
                         BOMA
                         Views
                         William G.R.
                         Partridge, CAE
                         President & Chief Staff Officer
                         BOMA Calgary

S
       hortages of skilled labour are a con-
       cern repeated in discussions with
       many BOMA members.
  We often hear about this issue from Al-
berta’s oil and gas sector, but seldom does
the focus land on the commercial real
estate sector.
  Skilled labour shortages are projected
across all sectors, and, if allowed to persist,            Next Gen: Skilled labour shortages are projected across all sectors, including commercial
will be a threat to our economy.                           real estate. If left unchecked, it poses a threat to the Canadian economy.
  Everybody deserves a start. Our society
pumps people through an education sys-                     selors and inform them of the many career      professionals and contribute to the future
tem that leaves many of them unsuited to                   and occupational opportunities available       shape of the association — and through it,
be hired and lacking a marketable skill-set.               in commercial real estate.                     the industry.
  The traditional trades have been under-                     For my part, I’m continuing to reach           Two years ago, BOMA also established
emphasized. Instead, young adults have                     out to young professionals, informing          a President’s Award to acknowledge the
been directed to colleges and universities                 them about our industry through the            outstanding contributions made to the
at the expense of trade schools and techni-                BOMA Association, and encouraging              association and industry by young profes-
cal institutions. This trend could come                    them to participate. But mostly, I listen to   sionals. We want to send a message that
back to bite us.                                           what they say and what they want. One          we recognize and acknowledge them and
  I once had the pleasure of addressing                    day, this group of bright young profes-        what they have to give.
an association representing the sheet                      sional women and men will be leaders of           Further, BOMA is in the process of
metal industry. One of their concerns                      our industry and, indeed, our society. It      establishing competencies in support of
was the diminishing enrolment in trades                    is our obligation to prepare them for the      about 40 separate occupational profiles.
programs that supply “tin bashers” to the                  roles they will one day assume.                The intent is to establish training or learn-
labour supply. Try to imagine sheet metal,                    This new generation of young profes-        ing standards for these occupations and,
in the form of air ducts and the like, that                sionals is different than we “boomers.” It     from this, build a clear career path that
are installed in a typical commercial                      doesn’t mean this generation is inferior or    will set down choices for young profes-
building. It is monumental in scope. If                    superior — just different. These young         sionals.
there is no one to translate the mechanical                professionals are very civic-minded, tech         BOMA has also created a mentorship
engineer’s design into a built form, where                 savvy and eager to learn. They have some-      program to help young professionals
might we expect it to come from?                           thing to contribute. We must understand        adapt to the corporate world and its cul-
  Trades are important and honourable                      what this difference is, what it means to      ture.
professions. We need to do more to en-                     our industry and how to leverage those            In short, Next Gen has changed this
courage the next generation of workers to                  differences for the greater good.              organization and its long-term thinking.
consider trades as genuine career options.                    To that end, BOMA has established           It is only a matter of time until the full ef-
  How do we reach them? For starters, in-                  a Next Gen group within its commit-            fect of this fantastic demographic cohort
dustry must reach out to the career coun-                  tee structure, designed to engage young        is realized. n
2012-2013   10   Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
INDUSTRY OVERVIEW

Demystifying the millennials
Next Gen group motivated by different priorities than predecessors
       By SHANNON SUTHERLAND                 will you allow me to be most effective?              so rapidly introduced and prolific, we ac-
                                             Will you allow me to bring my own tech-              tually forget how things got done just five

I
     t is the millennials also known as Gen- nology to work? Will you let me work                 or 10 years ago,” she says.
     eration Y, Next Gen or Echo Boom-       where and when I am most productive?                    “The future of work is no longer tele-
     ers who just might keep employers’      Will you allow me to master tasks and                work or mobile work — the future is here.
rosters relatively replete despite a looming have the autonomy to perform my best?’”              Don’t believe me? Walk down the hall and
skilled-labour crunch.                         Employers won’t have much time to ad-              do a quick tally on the number of desks
   First, however, employers must recruit    just, either. Key employees in commercial            that are empty. Employees are already
and retain a generation that continues       real estate are and will continue to retire at       untethered.”
to be largely misunderstood, says Robyn      record rates. The average age of a building             Employers who disregard millennials
Bews, program manager for WORKshift operator, for example, is 55, according                       may also be missing out on some dedi-
at Calgary Economic Development.             to the 2011 Building Operator Scoping                cated and productive employees.
   “The corner office with the mahogany      Study.                                                  About two-thirds of millennials agree that
desk with its implied status won’t resonate    Times have changed and so have em-                 an employee owes his or her employer loy-
like it used to,” she says of millennials,   ployees, says Bews.                                  alty, according to an online study by J. Wal-
most often defined as those born in the        “Our lives — the way we connect, com-              ter Thompson in which more than 1,000
1980s or later.                              municate and collaborate — has been so               millennials age 21 to 29 were surveyed.
   “Employees now want to know, ‘How         profoundly altered by technology that was                                   Continued on Page 12

                                                              www.calgaryherald.com/bomalistings.com / Boma building guide – calgary   11 2012-2013
Continued from Page 11                               of Alberta’s Enterprise and Advanced          such as Facebook, Twitter and YouTube.”
   Millennials are also considered most              Education department.                            Millennials were also raised during a
likely to rank “fun and stimulation” as                 Millennials are accustomed to keep-        period of relative economic prosperity in
priorities in a work environment                     ing in constant communication with            the province, which has shaped their per-
   When it comes to committing to a ca-              what previous generations would call          ceptions of the world, he adds.
reer, some millennials are considered “4-            “contacts,” but this generation tends to          “Alberta’s strong economy over most
F” in that they have four values that come           perceive as friends.                          of the past 10 years has allowed a large
before work: friends, fun, free time and                “Relationships are maintained via          proportion of this age group to enjoy
family, writes author Rebecca Huntley in             cellphones and social media,” says Win-       a reasonably good quality of life,” says
The World According to Y.                            wood. “Youth place a high value on their      Winwood, adding that despite this high
   Relationships have also been redefined            friendships, and increasingly communi-        level of comfort, millennials are also more
by this generation, says Darrell Win-                cate with each other using cellphones for     socially diverse and aware then many pre-
wood, a spokesman with the government                texting and calling and social media sites,   vious generations.
                                                                                                      “Alberta’s increasing social diversity and
                                                                                                   quick access to information from around
                                                                                                   the world has helped expand the world
                                                                                                   view of today’s youth, including their
                                                                                                   concern for social issues and the environ-
                                                                                                   ment.”
                                                                                                      Millennials’ transition to adulthood also
                                                                                                   generally takes longer than previous gen-
                                                                                                   erations and is less linear, says Winwood in
                                                                                                   addressing the stereotype that millennials
                                                                                                   are taking longer to “grow up” in the eyes
                                                                                                   of some people — particularly employers
                                                                                                   who might be put off by a 27-year-old em-
                                                                                                   ployee who lives with his or her parents.
                                                                                                      “There is a general trend toward youth
                                                                                                   extending the traditional markers of
                                                                                                   adulthood — living independently of
                                                                                                   their parents, entering into marriage or
                                                                                                   other long-term relationships and having
                                                                                                   children,” he says.
                                                                                                      “Today’s youth are more inclined to
                                                                                                   progress through a series of experiences,
                                                                                                   which may include periods of learning,
                                                                                                   working and travelling.”
                                                                                                      Millennials are also often scornfully re-
                                                                                                   ferred to as “trophy kids.” This is reference
                                                                                                   to the fact that, in an effort to build self es-
                                                                                                   teem, educators and parents often shower
     Electrical and Building Performance Solutions                                                 kids with appreciation, and competition is
                  across Western Canada                                                            seen as a negative influence, according to
                                                                                                   Neil Howe and William Strauss, authors
        Calgary Edmonton Red Deer Vancouver Victoria                                               of Millennials Rising: The Next Great
                    Nanaimo Winnipeg                                                               Generation. Consequently, an environ-
                                                                                                   ment where “everyone wins” is preferred.
               Learn more at:                                                                         This can be an advantage to employers.
             www.canem.com                                                                         It can create a work atmosphere where
       7110 Fairmount Drive SE                                                                     young employees spend more time sup-
       Calgary Alberta T2H 0X4                                                                     porting, rather than competing with,
                (403) 259-2221                                                                     co-workers. n
2012-2013   12   Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
VIEWPOINT

Commercial real estate runs in the family

                        David
                        PARKER

T
           he last thing many a young
           person might want to hear around
           the supper table is how mom or
dad made out at the office today.
   Yet enough have been intrigued in listen-
ing to the ups and downs of the commer-
cial real estate industry to follow in their
parents’ footsteps and accept the challenges
the sometimes too-exciting career offers.         All in the family: Avison Young executive vice-president Mark St. Pierre with daughter Nicole,
   Avison Young has been able to attract a        who has been learning the ropes of research, marketing and data collection.
number of young workers who have been               Also on St. Pierre’s team are Matt Evans,          As development manager, Jeremy focuses
listened to such stories of being patient, the    son of Michael Evans, president of Atlas           on new projects, which means he has to
frustration of not being able to close a deal,    Development; and Eric Horne, whose un-             understand the workings of city hall.
as well as the excitement of being able to        cle Allan Jackson is president of real estate        Harvey says it is good to have “fresh legs”
share successes no matter the size.               investment company ARCI Ltd.                       who can better deal with a younger genera-
   Executive vice-president Mark St. Pierre         Avison Young director and principal Tod          tion of clients and business contacts.
has specialized in downtown office leasing        Hughes took on his son, Noah, when he                But he warns that today’s younger man-
for the past 20 years. The introduction to        was quite young. Now, his hard work un-            agement have yet to worry about any kind
his book Good As Your Last Deal leads off         der good mentorship in industrial sales and        of recession, which is why the old guard
with “Commercial brokerage is one of the          leasing has landed him a position as leasing       tend to still be more cautious.
most ferocious and rewarding industries in        manager with Bentall Kennedy (Canada)                Centron Group of Companies president
the world” — hardly a carrot for his own          LP in Winnipeg.                                    Cole Harris is thankful for the training he
kids. Yet his daughter, Nicole, has been            One of the city’s most experienced sub-          received from his father, Bob, company
working as part of his team for almost nine       urban office realtors, Colliers International      founder and CEO.
months and says she loves it.                     executive vice-president and partner Peter           Randy Remington, chair of Remington
   St. Pierre says it is important for any new-   Mayerchak, has two sons on his team. He            Development Corp., is also well supported
comer to start the climb from the bottom          says he did not try to encourage either Jus-       by his son, Ryan, in his position as director
rung. Nicole, for example, has been busy          tin or Tyler to join him after they had com-       of leasing and land sales.
learning the ropes of research, marketing,        pleted university, but they both knew what           Graeme Melton, meanwhile, is work-
collecting data on landlords and tenants,         was required, asked dad if they could work         ing alongside his father, Andrew Melton,
and understudying with a mentor before            alongside him and hit the ground running.          executive vice-chairman of Melcor
being allowed to make those first cold calls.       On the development side of the busi-             Developments, in the role of regional de-
   Her father says there is a lot to learn —      ness, Royop Development chair and CEO              velopment manager. His brother, Kavan,
about documentation, understanding                Harvey Thal welcomed his son, Jeremy,              has joined CBRE Limited on the invest-
features and benefits (and BOMA floor             to the firm six years ago. After graduating        ment team, led by senior vice-president
measurements) — before stepping out solo          from Western University in London, Ont.,           Garry Beres.
on the calling process, often to confront         he stayed out east to gain commercial real           There is a great deal of real estate knowl-
people who already have a lot of knowledge        industry experience with Colliers Interna-         edge and a lot of contacts being shared
on leasing expensive spaces.                      tional in Toronto.                                 through Calgary families. n
                                                                 www.calgaryherald.com/bomalistings.com / Boma building guide – calgary   13 2012-2013
Main Directory
                                                                                                                                                                                                                      Balzac
                                                                                                                                                                                                    566
                                                                                                                                                                                                                                                CrossIron
                                                                                                                                                                                                                                                  Mills

                                                                                                     772                                                                           782                                                                                                                  567

                                                                                                                                                                                                                                                                                                                                  Airdrie

                                                                                                                                                                                                                                                            STONEY TRAIL
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                                                              OLD BANFF COAC                                                .                                          16 Ave. N.                                                                               TRANS                   CANADA    HIGHWAY
                                                                                                        sR

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                                                                                                                                                                                  o
                                                                                                                                                                               Mem rial Dr                                                                                                                                    /Winnipeg
                                                                                                                                                                                          .                                                                 Memorial Dr.
                                                                                                                                                                                PRINCE’S
                                                                                                                                                                              ISLAND PARK
                                                                                                     Sarcee Trail

                                                                                                                                                                                                                 CALGARY
                                                                                                                          EDWORTHY
                                                                                                                            PARK
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                                                                                                                                                                                                    STAMPEDE
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                                                                 8      GLEN
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                                                                                                                                    RESERVOIR
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                                                                                                                                                                                                                                Bow River

                                                                                                                                          FISH CREEK
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                                                                                                                                                                                                     AIL
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                                                                                                                                                                                                 D TR
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                                                                                                                                                                22x
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                                                                                                                         773
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                                                                                                                                                                                                                                                                                                          2A
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                                                                                                                                                                                                                                                                                                              High River

                                                                                                                                                                                                                                                 2A

2012-2013   14      Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
Retail Directory                                                                                                                                                                                                                                                     STONEY TRAIL

                                                                                                                                                                                                                      Centre St. N.
                                                                                                                                                                                                                                                                                                                2              To CrossIron Mills, Airdrie, Red Deer, Edmonton

                                                                                                                                                          Sim
                                                                                                                                                             on
                                                                                 Spy Hill Landfill

                                                                                                                                                                's
                                                                                                                                                                 Va                                                                            Country Hills Blvd.
                                        Rocky Ridge Rd.

                                                                                                                                                                      lle                                                                                                                                                                                                                                                                                            564
                                                                                                                                                                          y      Rd

                                                                                                                                                                                                                              ills Blvd.
                                                                                                                                                                                          .

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                                                                                                                                                                                                                                                                                                                                                                                     NOTE:   Barlow Trail N.E.

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                                                                                                                                                                                                                                                                                                                                                                                     between   McKnight Blvd.

                                                                                                                                                                                                                                                                         OT
                                                                                                                                                                                                                     Harvest H
                                                                                                                                                                                                                                                                                     Airport Trail                                                                                   and
                                                                                                                                                                                                                                                                                                                                                                                     a Airport Tr. CLOSED
                                                                                                         Country Hills Blvd.

                                                                                                                                                                                                                                                                       FO
          Twelve Mile Coulee Rd.

                                                                                                                                                                                                                                                                                                                                                                                     effective
                                                                                                                                                                                                                                                                                                                                                                                     ef        April 2011.

                                                                                                                                                                                                                                                                    ER
                                                                                                                                                                                                                                                                                            CALGARYY

                                                                                                                                                                                                Bedd

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                                                                                                                                                                                                                                                                                                                                                                                            Falconridge Blvd.
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                                                                                                                                                                                                                                       64 Ave.                                                                                                                     64 Ave.

                                                                                                                                                                                                                                                                                                                                                                                                                                                            84 St.
                                                                                                       OW                                        La
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                                                                                                               TR                                       lvd
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                                                                                                                                                          Dr. swo
                                                                                                                  Shaganappi Trail

                                                                                  Bowness Rd.

                                                                                                                                                                                                                                                                                                                                                                                        52 St.
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                                                       NS C

                                                                                                                                                            arl

                                                                                                                                                                                                                                                                   Ave.
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Banff/Vancouver                                               DA H                                                                     32 Ave.

                                                                                                                                                                                                    14 St.
                                                                  WY                                                                                                                                                                                                                                                                                     32 Ave.
                                                                                                                                                                                                                                                                                                                                                            Ave

                                                                                                                                                                                                                                                 Centre St. N.

                                                                                                                                                                                                                                                            rail
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                                                                                                                                                                                                                                      4 St.
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                                                                                                                                              .                                                          16 Ave. N.                                                                           16 Ave. N.                                                    TRANS                          CANADA                          HIGHWAY
                                                                        OLD BANFF COAC                                                16 Ave.N
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                                   563                                                HR
                                                                                                                    d.

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                                                                                                                                                                                                                        Memorial Dr                                                                                                                                                                                                                          /Winnipeg
                                                                               Bow Trail                                                                                                                                           .                                                                                                             Memorial Dr.
                                                                                                                                     Bow                                                                        6 Ave.
                                                                                                               Sarcee Trail

                                                                                                                                         Tra                                                                    9 Ave.
                                                                                                                                            il                                                                                                                     1A            9A
                                                                                                                                                                                                                                                                                   ve.
                                                                        17 Ave.                                                                                                                                                                       12 Ave.                                                                             17 Ave. S.
                                                                                                                                                     17 Ave.                                                     17 Ave.

                                                                                                                                                                                                                                                                                                                       Barlow Trail
                                                               85 St.

                                                                                           69 St.

                                                                                                                                                                        Crowchild Trail
                                                                                                                                            37 St.

                                                                                                                                                                                                                                                                                                                                              36 St.
                                                                                                                         d.                                                               33 Ave.
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                                                                                                                                                      GLENMORE                                                                                                                                                                                                                             GLENMORE TRAIL
                                                                                                                                                      RESERVOIR
                                                                                                                                                                                                        Heritage Dr.

                                                                                                                                                                     90 Ave.
                                                                                                                                                                                                       14 St.

                                                                                                                                                                                                                                                                                                                               She
                                                                                                                                                                                                                                                                                                                                  par

                                                                                                                                                                                                                                                                                                                                                                                                                                                            84 St.
                                                                                                                                                                                                               nd Dr.

                                                                                                                                                                                                                                                                                                                                                                                                                                68 St.
                                                                                                                                                                                                                                                                                                                                     dR

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                                                                                                                                                                                                        Sou
                                                                                                                                                                                                                                                                                                                                       d.
                                                                                                                                                                       24 St.

                                                                                                                                                                                                                                                                                                                                                                                    114 Ave.
                                                                                                                                                                        Anderson Rd.

                                                                                                                                                                                                                                                                                                                                                                                                                Shepard
                                                                                                                                                                                                                                                                                                                                                                                                                Sanitary
                                                                                                                                                                                                                                                                                                                                                                                                                Landfill

                                                                                                                                                                                                                 C                                                                                                                                                    130 Ave.
                                                                                                                                                                                                                      nyon
                                                                                                                                                                                                                 a

                                                                                                                                                              FISH CREEK                                                                      Meadows Dr.
                                                                                                                                                                                                                                                                                         Bow

                                                                                                                                                            PROVINCIAL PARK
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                                                                                                                                                                                                                                                                                                                                                                   DEERFOOT TRAIL
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                                                           Major Retail Properties
                                                                                                                                                                                                                                                        AIL
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                                                                                                                                                                                                                                                                                                                                                                                            178 Ave.
                                                                                                                                                                                              22x
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                                                                                                                                            773
                                                                                                                                                                                                                                                                                                                               Bow Riv

                                                                                                                                                                                                                                                                                194 Ave.
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                                                                                                                                                                                                                                                                                2A
                                                                                                                                                                                                                                                                                                                                      er

                                                                                                                                                                                                                                                                                                                                                                                         To Lethbridge/USA

                                                                                                                                                                                    www.calgaryherald.com/bomalistings.com / Boma building guide – calgary                                                                                                                                                                          15 2012-2013
Retail
                                                         Available online at calgaryherald.com/bomalistings. Buildings listed in green have been certified through BOMA BESt, the leading environmental
                                                         certification program for commercial buildings. See www.bomabest.com for updates •  NOTE: While BOMA believes the information in these listings to be accurate
                                                         as of the date of publication, it does not warrant it to be so. To delete, add, or change your listing, please contact BOMA Calgary at 403-237-0559 or info@boma.ca

Centre	Centre	Owner & contact				 PROPERTY	GROSS	NUMBER		 year
name		Location                      (TELEPHONE/e-mail)				                                              TYPE	         area	OF STORES		built
17th Ave. Village 3939-17 Ave. S.W. Alsam Investments/Howard Bell/403-251-3549/riverpark@shaw.ca Neighbourhood Centre 59,311   18     1980
9950 Macleod Tr. S.                            9550 Macleod Tr. S.           Telsec Development Group/Sean Flathers/403-203-3000/sflathers@telsec.com                        Neighbourhood Centre      55,000        6          1991
Acadia Shopping Centre                        399 Heritage Dr. S.E.          Acadia Commercial Centre Inc./Robert Serr/403-228-2200/crscapital@telus.net                     Neighbourhood Centre      46,054        18         1960
Airways Mall                                     2323 32 Ave. N.E.           Berezan Management Alberta Ltd./Robert Albert/403-250-2545/robert@berezan.com                        Community           110,749        24         1978
Aspen Landing                                     1450 85 St. S.W.           Aspen Landling Shopping Centre Ltd./Leo Scarcello/403-716-3161/lscarcello@nilexx.com                 Community           215,000        60         2010
Art Central                                     701 Centre St. S.W.          Allied Properties REIT/Michael Kehoe/403-263-4100/mike@fairfieldcommercial.com                        Downtown            27,217        40         1959
Avenida Place Shopping Centre            12445 Lake Fraser Dr. S.E.          Strategic Realty/Ron Odigaki/403-234-4237/rodagaki@strategicgroup.ca                                 Community           105,892        35         1989
Bankers Hall                                        315 8 Ave. SW            Brookfield/Bernie Bayer/403-770-7025/bbayer@taurusgroup.com                                           Downtown           257,000        60         1988
Beacon Heights                               12024 Sarcee Tr. N.W.           Intergulf Cidex Development Corp/Amela Palic/403-232-4315/amela.palic@avisonyoung.com                Community           145,350        7          2010
Beacon Hill Centre                           11500 Sarcee Tr. N.W.           Rio Can Real Estate Investment Trust/Colin Peter/403-444-2857/cpeter@riocan.com                      Power Centre        725,975        24        2005/06
Beddington Co-op Centre                        8220 Centre St. N.E.          Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                            Community           149,000        30         1980
Beddington Towne Centre                8120 Beddington Blvd. N.W.            Western Securities Ltd./Mike Brescia/403-264-6940/mikeb@westsec.ca                                   Community           180,629        50         1981
Bow Valley Square                                  205 5 Ave. S.W.           Oxford Properties Group/Matt Henderson/403-206-6400/mhenderson@oxfordproperties.com                   Downtown            97,000        53         1972
Brae Centre                                11420 Braeside Dr. S.W.           T & T Properties/Ian McKay/403-225-5975/imckay@ttproperties.com                                      Community            45,653        16         1979
Brentwood Co-op Shopping Centre           4112 Brentwood Rd. N.W.            Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                            Community            68,500        8          1965
Brentwood Village Shopping Centre         3630 Brentwood Rd. N.W.            Rio Can Real Estate Investment Trust/Colin Peter/403-444-2857/cpeter@riocan.com                      Community           312,366        55         1962
Brick Plaza Shopping Centre                     9679 Macleod Tr. S           Lansdowne Equity Ventures Ltd./Bruce Ferguson/403-254-6440/bruce.ferguson@lansdowne.ca          Neighbourhood Centre 110,000            16         1990
Builders Park Plaza                                 5716 1 St. S.E.          Qualico Group/Arleigh Alden/403-212-6367/aalden@qualico.com                                          Community           150,000        20         1990
The Core - Calgary Eaton Centre                      751 3 St. S.W.          20 Vic Management/Stan Boniferro/416-955-0569/sboniferro@20vic.,com                                   Downtown           152,729        76         1990
Calgary Place                                        414 3 St. S.W.          Oxford Properties Group/Matt Henderson/403-206-6400/mhenderson@oxfordproperties.com                   Downtown            71,245        20         1969
Canyon Meadows Centre                          13226 Macleod Tr. S           1075461 Alberta Ltd./Kevin Ferguson/780-702-3380/kevin.ferguson@martellops.com                       Community           147,770        13         1985
Canyon Meadows Shopping Centre                11625 Elbow Dr. S.W.           Berdaland Canyon Ltd./Krysyn Gatto/403-298-0412/krystyn.gatto@collierscalgary.com               Neighbourhood Centre 217,115            18         1972
Calgary SE SmartCentres                         4705-130 Ave. S.E.           Calloway REIT/Dawn Pagel/604-448-9112/DPagel@smartcentres.com                                        Power Centre        215,301        15         2005
Castleridge Plaza                        55 Castle Ridge Blvd. N.E.          Rev Dev Corp/403-804-4486/gbalajow@shaw.ca                                                           Community            74,000        32         1991
Centre 58                                         104-58 Ave. S.E.           Centre 58 LP/Kyle Ulinder/604-661-7155/kulinder@synergyproperties.ca                            Neighbourhood Centre      55,000        6          1982
Century Park Plaza                             10440 Macleod Tr. S           Century G.P. Ltd./Juan Garrido/403-319-0490/jgarrido@humfordmgmt.com                              Retail Mixed US.E.      42,980        9          1987
Chinook Centre                                  6455 Macleod Tr. S           Cadillac Fairview Corp. Ltd./Terry Napper/403-259-2022/nappert@cadillacfairview.com                 Regional Mall       1,194,522      214         1960
Chinook Station                                 6636 Macleod Tr. S           Atlas Development Corp/Chris Swales/403-270-5915/info@atlasdevco.com                            Neighbourhood Centre      64,455        3          1987
Copperfield Corner                         15566 Mcivor Blvd. S.E.           Hopewell Real Estate Services Inc./Melissa Walsh/403-232-8821/mwalsh@hopewell.com                    Convenience          30,000        17         2005
Country Hills Towne Centre              430 Country Hills Blvd N.W           Bentall-Kennedy/Steve Martin/403-289-2559/stmartin@bentall.com                                       Community           157,735        55         1998
Country Hills Village                 5149 Country Hills Blvd. N.W.          PFS Retail One Inc./Blair Sinclair/403-245-4447/bsinclair@triovest.com                          Neighbourhood Centre      63,817        30         1995
Coventry Hills Centre                  130 Country Village Rd. N.E.          Grosvenor Canada Ltd./Jeremy Thal/403-698-8504/jthal@royop.com                                       Power Centre        135,866        23         2004
Cranston Market                              356 Cranston Rd. S.E.           First Capital Realty/Paula Agioritis/403-257-6894/paula.agioritis@firstcapitalrealty.ca         Neighbourhood Centre      82,885        20         2010
Creekside Shopping Centre            12294 Symons Valley Rd. N.W.            Canadian Real Estate Investment Trust/Carla Fedele/403-268-9203/cfedele@creit.ca                     Power Centre        427,000        45         2006
CrossIron Mills                 261055 CrossIron Blvd., Rockyview            Ivanhoe Cambridge/Van Agioritis/403-278-8588/vagioritis@ivanhoecambridge.com                         Power Centre        1,300,000     220         2004
Crowfoot Crossing                           151 Crowfoot Ter. N.W.           Arcturus Realty Corp/Andrew Harrison/403-265-7880/aharrison@arcturusrealty.com                       Power Centre        263,742        35         1997
Crowfoot Co-op Shopping Centre                35 Crowfoot Cir. N.W.          Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                       Neighbourhood Centre      86,000        12         1984
Crowchild Square                           5403-Crowchild Tr. N.W.           Capital Ideas Ltd./Ralph Woessner/403-282-1428/rwoessner@capitalideas.com                       Neighbourhood Centre      56,950        45         1978
Crowfoot Corner Shopping Centre            150 Crowfoot Cres. N.W.           Narland Properties Inc./Heidi Siviglia/403-516-1855/hsiviglia@narland.com                       Neighbourhood Centre      51,005        27         1991
Crowfoot Village                            20 Crowfoot Cres. N.W.           Narland Properties Inc./Heidi Siviglia/403-516-1855/hsiviglia@narland.com                       Neighbourhood Centre      62,751        34         1986
Dalhousie Co-op Shopping Centre           5055 Shaganappi Tr. N.W.           Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                       Neighbourhood Centre      70,000        12         1974
Dalhousie Station                          5005 Dalhousie Dr. N.W.           Bentall-Kennedy/Steve Martin/403-303-2413/stmartin@bentall.com                                       Community            190,118       43         1996
Deerfoot Outlet Mall                               901 64 Ave. N.E.          Shape Properties Ltd./Katie Bertram/604-694-2171/bertram@shapeproperties.com                        Regional Mall         588,737       76         1981
Deer Valley Shopping Centre          1221 Canyon Meadows Dr. S.E.            First Capital Realty/Ron Scheltz/403-770-2300/ron.schletz@firstcapitalrealty.ca                      Community            196,753       40         1981
Deerfoot Meadows                     33 Heritage Meadows Way S.E.            Ivanhoe Cambridge/Alan Rivait/403-278-8588/ARivait@ivanhoecambridge.com                              Power Centre        1,438,000      40        2004/05
Deerpoint Plaza                           14921 Deer Ridge Dr. S.E.          Krysyn Gatto/403-298-0412/krystyn.gatto@collierscalgary.com                                     Neighbourhood Centre      76,369        20         1990
Douglas Square Shopping Centre                   111520 24 St. S.E.          Investors Real Property Fund/Vyetta Sunderland/403-271-9417/vsunderland@matrix.ca                    Community            121,754       34         1997
Eastpoint Shopping Centre                           200 52 St. N.E.          AB Edie Equities Inc./Allan Edie/780-488-3030/abedie@telusplanet.net                            Neighbourhood Centre      50,000        16         1981
Eau Claire Festival Market                 200 Barclay Parade S.W.           Harvard Developments/Cam Costley/403-264-6450/ccostley@harvard.ca                                     Downtown            191,397      104         1993
Fairmount Place Shopping Centre            9919 Fairmount Dr. S.E.           First Capital Realty/Ron Scheltz/403-257-6888/ron.schletz@firstcapitalrealty.ca                 Neighbourhood Centre      58,000        27         1965
Fashion Central                                      801 1 St. S.W.          Allied Properties REIT/Michael Kehoe/403-263-4100/mike@fairfieldcommercial.com                        Downtown            25,693        15         2009
Fifth Avenue Place                                   420 2 St. S.W.          Brookfield Properties/Bernie Bayer/403-770-7086/bbayer@taurusgroup.com                                Downtown            48,273        45         1981
Foothills Crossing Shopping Centre                3619 61 Ave. S.E.          H & R REIT/Brian Kowall/403-698-8515/bkowall@royop.com                                          Neighbourhood Centre      40,980        9          1999
Forest Hills Plaza                                5315 17 Ave. S.E.          Blair Mastin/403-291-8869/bmastin@naicalgary.com                                                Neighbourhood Centre      40,000        17         1980
Forest Lane Shopping Centre                       3012 17 Ave. S.E.          Metrowest Developments Ltd./Ken Burak/403-291-2640/metrowst@telusplanet.com                           Community           120,000       37         1967
Forest Lawn Co-op Shopping Centre                 3330 17 Ave. S.E.          Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                       Neighbourhood Centre      67,000        11         1967
Forest lawn Shopping Centre                       5115 17 Ave. S.E.          Sun life Assurance Company/Phil Marleau/403-289-2599/pmarleau@bentallkennedy.com                      Community           108,729        4         1968
Gates of Panorama                           225 Panatella Hill N.W.          Royop Development Corp./Alistair Corbet/403-269-4202/alistair.corbett@cbre.com                        Community           104,780       23         2010
Glamorgan Shopping Centre                  3919 Richmond Rd S.W.             Herman & Kifer Holdings Ltd./Brian Kowall/403-698-8515/bkowall@royop.com                        Neighbourhood Centre      76,500        21         1981
Glenbrook Plaza                                    3715 51 St. S.W.          First Capital Realty/Ron Scheltz/403-257-6882/ron.schletz@firstcapitalrealty.ca                 Neighbourhood Centre      55,596        23         1981

 2012-2013           16      Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
Retail
                                                         Available online at calgaryherald.com/bomalistings. Buildings listed in green have been certified through BOMA BESt, the leading environmental
                                                         certification program for commercial buildings. See www.bomabest.com for updates •  NOTE: While BOMA believes the information in these listings to be accurate
                                                         as of the date of publication, it does not warrant it to be so. To delete, add, or change your listing, please contact BOMA Calgary at 403-237-0559 or info@boma.ca

Centre	Centre	Owner & contact				 PROPERTY	GROSS	NUMBER		 year
name		Location                    (TELEPHONE/e-mail)				                                                              TYPE	         area	OF STORES		built
Glenmore Centre 6620 Centre St. S  Glenmore & Centre Ltd./Ron Odigaki/403-770-2300/rodagaki@strategic-group.ca Neighbourhood Centre 68,214    15    1976
Glenmore Landing Shopping Centre                 1600 90 Ave. S.W.           Rio Can Real Estate Investment Trust/Colin Peter/403-444-2857/cpeter@riocan.com                       Community           147,234       60        1985
Glenmore Square                                    7740 18 St. S.E.          Canadian Real Estate Investment Trust/Carla Fedele/403-235-3443/cfedele@creit.ca                Neighbourhood Centre       75,355       17        1990
Gulf Canada Square                                  401 9 Ave. S.W.          GWL Realty Advisors Inc./Laura Newcombe/403-221-0688/laura.newcombe@gwlra.com                      Retail Mixed Use        75,000       30        1978
Hamptons Co-op Shopping Centre             1000 Hamptons Dr. N.W.            Calgary Co-operative Association/Lisa Ha/403-219-6025/lisah@calgarycoop.com                     Neighbourhood Centre       72,000       15        1998
Harvest Hills Crossing                 9650 Harvest Hills Blvd. N.E.         Qualico Developments/Arleigh Alden/403-212-6367/aalden@qualico.com                              Neighbourhood Centre 130,000            25        2004
Heritage Hill Shopping Centre                8180 MacLeod Tr. S.E.           Anthem Properties Corp./Bernie St. Pierre/403-259-3972/bstpierre@anthemproperties.com                 Community           128,000       13        1973
Heritage Plaza                                8330 Macleod Tr S.E.           Heritage Plaza Ltd./Al Gelmon/403-278-2885/agelmon@shaw.ca                                      Neighbourhood Centre       64,143       25        1986
Heritage Town Centre                          7337 Railway St. S.E.          Morguard Investments Ltd./Randy Borisenko/403-266-1695/rborisenko@morguard.com                       Power Centre         133,000       14        2002
Horizon Square                                   3508-32 Ave. N.E.           Westfield Horizon Heights Ltd./Randy Mudryk/780-423-4407/rmudryk@nwe.ca                         Neighbourhood Centre       73,514       15        1985
Hunterhorn Plaza                                    6132-4 St. N.E.          Horton-McDonald Developments/Greg Horton/403-261-0662/ghorton@hmdev.ca                                Community           150,000       47        1985
Kingsland Village                               7337 Macleod Tr. S           Telsec Development Group/Sean Flathers/403-203-3886/sflathers@telsec.com                              Community            60,000        7        2011
Kingsland Shopping Centre                      7724 Elbow Dr. S.W.           First Capital Realty/Paula Agioritis/403-257-6888/paula.agioritis@firstcapitalrealty.ca         Neighbourhood Centre       46,000       23        1990
Lake Bonavista Promenade                755 Lake Bonavista Dr. S.E.          Investors Real Property Fund/Vyetta Sunderland/403-271-9417/vsunderland@matrix.ca                     Community           111,553       52        1970
Lakeview Plaza                             6449 Crowchild Tr. S.W.           First Capital Realty/Ron Scheltz/403-257-6888/ron.schletz@firstcapitalrealty.ca                 Neighbourhood Centre       64,251       30        1961
Lowe’s Sunridge Centre                     2929 Sunridge Way N.E.            Rio Can Real Estate Investment Trust /Byron Guss/403-444-2854/bguss@riocan.com                       Power Centre          83,603       10        2010
London Place West                         5255 Richmond Rd. S.W.             First Capital Realty/Paula Agioritis/403-257-6894/paula.agioritis@firstcapitalrealty.ca         Neighbourhood Centre       71,086       23        1987
London Town Square                                3545 32 Ave. N.E.          Canadian Real Estate Investment Trust/Carla Fedele/403-268-9203/cfedele@creit.ca                      Community           120,220       34        1986
Macleod Plaza                                 9250 Macleod Tr. S.E.          GWL Realty Advisors Inc./Laura Newcombe/403-221-0688/laura.newcombe@gwlra.com                         Community           123,956       41        1976
Macleod Trail Co-op Shopping Centre           8818 Macleod Tr S.E.           Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                             Community           146,000       22        1963
Madigan Plaza                               6060 Memorial Dr. N.E.           Madigan Plaza Inc./John Sherbut/403-230-9453/jsherbut@britgary.ca                               Neighbourhood Centre       43,967       18        1978
The Market at Quarry Park                200 Quarry Park Blvd. S.E.          Remington Development Corp./Ramona Meixner/403-255-7004/rmeixner@remingtoncorp.com              Neighbourhood Centre 153,449            28        2009
Market Mall                               3625 Shaganappi Tr. N.W.           Cadillac Fairview/Paige O’Neill/403-202-4429/paige.oniell@cadilacfairview.com                        Regional Mall        952,072       220       1971
The Market at Silverado            Sheriff King St & 194 Ave. S.W.           Ronmor Developers/Ryan Darragh/403-253-8180/rdarragh@ronmor.ca                                        Community           125,000       25        2012
Marlborough Mall                        515 Marlborough Way N.E.             20 Vic Management/Peggay Lindsay/416-681-9027/plindsay@20vic.com                                     Regional Mall        592,813       112       1972
McKenzie Towne Centre                 41 McKenzie Towne Ave. S.E.            First Capital Realty/Paula Agioritis/403-257-6888/paula.agioritis@firstcapitalrealty.ca               Community           114,530       35        1999
McKenzie Towne Plaza                  40 McKenzie Towne Blvd. S.E.           First Capital Realty/Paula Agioritis/403-257-6888/paula.agioritis@firstcapitalrealty.ca               Community            30,378       16        2001

                                                                                                         www.calgaryherald.com/bomalistings.com / Boma building guide – calgary                                       17 2012-2013
Retail
                                                            Available online at calgaryherald.com/bomalistings. Buildings listed in green have been certified through BOMA BESt, the leading environmental
                                                            certification program for commercial buildings. See www.bomabest.com for updates •  NOTE: While BOMA believes the information in these listings to be accurate
                                                            as of the date of publication, it does not warrant it to be so. To delete, add, or change your listing, please contact BOMA Calgary at 403-237-0559 or info@boma.ca

Centre	Centre	Owner & contact				                                                                                                                                                     PROPERTY	GROSS	NUMBER		 year
name		Location (TELEPHONE/e-mail)				                                                                                                                                                   TYPE	    area	OF STORES		built
Mindapore Mall                                 240 Midpark Way S.E.             Strategic Realty/Ron Odigaki/403-770-2300/rodagaki@strategic-group.ca                           Neighbourhood Centre      98,984        45         1981
Midtown Market                                  11 Ave. & 11 St. S.W.           Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                       Neighbourhood Centre      52,500         4         2004
Millrise Station                              150 Millrise Blvd. S.W.           Millrise Plaza Ltd./Ryan Darragh/403-253-8180/rdarragh@ronmor.ca                                      Community           107,000       21         2005
Mount Royal Block                                   801 17 Ave. S.W.            First Capital Realty/Paula Agioritis/403-257-6888/paula.agioritis@firstcapitalrealty.ca           Retail Mixed US.E.      48,237         6         1970
Mount Royal Village                               880 16th Ave. S.W.            First Capital Realty/Paula Agioritis/403-257-6888/paula.agioritis@firstcapitalrealty.ca               Community           35,419        16         1979
NE Smart Centres                                   2222-16 Ave. N.E.            First Pro Shopping Centres/Dawn Pagel/604-206-2136/Dpagel@smartcentres.com                           Power Centre         200,000        0         2005
Newport Village Shopping Centre                   9110 Macleod Tr. S            First Capital Realty/Paula Agioritis/403-257-6888/paula.agioritis@firstcapitalrealty.ca           Retail Mixed US.E.      42,079        13         TBD
North Hill Co-op Shopping Centre                    540-16 Ave. N.E.            Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                             Community           374,693        9         1959
North Hill Shopping Centre                         1632 14 Ave. N.W.            Bentall-Kennedy/Steve Martin/403-303-2412/stmartin@bentall.com                                       Regional Mall        374,693       91         1958
Northgate Village Shopping Centre                     495 36 St. N.E.           Rio Can Real Estate Investment Trust/Byron Guss/403-444-2872/bguss@riocan.com                        Power Centre         404,609       40         1978
Northland Plaza                              4820 Northland Dr. N.W.            Certus Developments Inc./Darcie Smith/403-245-2077/dsmith@certusdevco.com                            Convenience          34,005        15         1996
Northland Village                            5111 Northland Dr. N.W.            Primarus REIT/Laurel Adamson/403-974-0050/ladamson@primarisreit.com                                  Regional Mall        504,213       87         1988
Oakridge Co-op Shopping Centre               2580 Southland Dr. S.W.            Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                             Community           130,000       33         1976
Pacific Place Mall                                    999 36 St. N.E.           Torode Realty Advisors Ltd./Jeff Robson/403-355-6000/jrobson@torode.com                               Community           180,662       59         1999
Ranchlands Village Shopping Centre       1829 Ranchlands Blvd. N.W.             Ranchlands GP Ltd./Ken Lucianovich/403-319-0490/klucianovich@humfordmgmt.com                      Retail Mixed US.E.      65,871        35         1981
Richmond Road Co-op Shopping Centre         4940 Richmond Rd. S.W.              Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                       Neighbourhood Centre      60,000        12         1982
Richmond Square                                     3915-51 St. S.W.            First Capital Realty/Ron Scheltz/403-257-6882/ron.schletz@firstcapitalrealty.ca                       Community           101,721        6         1979
Riverbend Shopping Centre                            8338-18 St. S.E.           Investors Real Property Fund/Isaac Beall/403-571-8827/isaac.beallcolliers.com                         Community           116,819       37         1992
Rockey Ridge Shopping Centre       12 mile Coulee Rd & Rocky Vly Blvd.          Marquis Community Development Inc./Melissa Walsh/403-232-8821/mwalsh@hopewell.com               Neighbourhood Centre      65,177         8         2008
Royal Oak Shopping Centre               8888 Countryhills Blvd. N.W.            First Capital Realty/Ron Scheltz/403-257-6888/ron.schletz@firstcapitalrealty.ca                       Community           336,000       21         2007
Saddle Ridge Station                         80 Saddle Town Cir. N.E.           Royop Corp./Jeremy Thal/403-263-6550/jthal@royop.com                                                 Power Centre         800,000       37         2006
Scotia Centre                                         700 2 Ave. S.W.           The Bank of Nova Scotia/Rob Blackwell/403-216-2242/rblackwell@aspenpropertiesltd.com                  Downtown            93,940        32         1976
Shaganappi Village Shopping Centre              4625 Varsity Dr. N.W.           Shaganappi Village Shopping Centre Inc./Jack Detrich/403-229-2569/jadkingsley@telus.net Neighbourhood Centre              71,875        29         1960
Shawnessy Co-op Shopping Centre            250 Shawvillve Blvd. S.W.            Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                             Community           100,011       13         1994
Shawnessy Towne Centre                       303 Shawville Blvd. S.E.           Rio Can Real Estate Investment Trust/Colin Peter/403-444-2857/cpeter@riocan.com                      Power Centre         893,643       60         1996
Shawnessy Village Shopping Centre             70 Shawville Blvd. S.E.           CREIT/Carla Fedele/403-235-3443/cfedele@creit.ca                                                     Power Centre         101,977       23         1990
Shepard Regional Centre                           4916-130 Ave. S.E.            Shepard Development Corp./Ken Acheson/403-215-1229/ken.acheson@kennington.ca                         Regional Mall        435,000       36        2005/06
Shoppes at Shawnessy                             225 Shawville Blvd.            Rio Can Real Estate Investment Trust/Colin Peter/403-444-2857/cpeter@riocan.com                      Power Centre         162,988       22         1998
Shoppes of Bridlewood                            2335-162 Ave. S.W.             Bridlewood Shopping Centre Ltd./Ryan Darragh/403-253-8180/rdarragh@ronmor.ca                          Community           101,000       32         2004
Shoppes of Marda Loop                              2067-33 Ave. S.W.            1163185 Alberta Ltd./Ryan Darragh/403-253-8180/rdarragh@ronmor.ca                                 Retail Mixed US.E.      22,000         8         2010
Signal Hill Centre                          5696 Richmond Rd. S.W.              Rio Can Real Estate Investment Trust/Colin Peter/403-444-2857/cpeter@riocan.com                      Power Centre         568,693       52         1997
South Centre Mall                               11012 Macleod Tr. S.            Oxford Properties Group/Matt Henderson/403-206-6400/mhenderson@oxfordproperties.com                  Regional Mall        943,999      158         1974
South Trail Crossing                              4307 130 Ave. S.E.            Rio Can Real Estate Investment Trust/Colin Peter/403-444-2857/cpeter@riocan.com                      Regional Mall        432,901       57         1999
Southland Crossing Shopping Centre            9737 MacLeod Tr. S.W.             Rio Can Real Estate Investment Trust/Colin Peter/403-444-2857/cpeter@riocan.com                       Community           132,072       43         1989
Southpointe Shopping Centre                       4600-130 Ave. S.E.            The Shoppes of South Trail Ltd./Darcie Smith/403-245-2077/dsmith@certusdevco.com                      Community           126,00        19         2006
Southwood Corner                                10233 Elbow Dr. S.W.            Westfield Southwood Corner Ltd./Donna MacArthur/403-293-6027/donnam@viewwest.net                      Community           121,184       36         1964
Springborough Professional Centre       30 Springborough Blvd. S.W.             Brookfield Properties/Bernie Bayer/403-770-7086/bbayer@taurusgroup.com                          Neighbourhood Centre      81,175        14         2010
Spring Hill Village                   8060 Silver Springs Blvd. N.W.            918788 Alberta Ltd./Jack Detrich/403-229-2569/jadkingsley@telus.net                             Neighbourhood Centre      61,454        22         1981
Stadium Shopping Centre                       1941 Uxbridge Dr. N.W.            Western Securities Ltd./Mike Brescia/403-263-6940/mikeb@westsec.ca                              Neighbourhood Centre      62,416        22         1977
Suncor Energy Centre                                  111 5 Ave. S.W.           Brookfield Properties/Bernie Bayer/403-770-7086/bbayer@taurusgroup.com                                Downtown            25,000        24         1983
Sunridge Corner                             3232 Sunridge Blvd. N.E.            H & R REIT/Brian Kowall/403-263-6550/bkowall@royop.com                                               Convenience          35,332         9         2000
Sunridge Mall                                       2625- 36 St N.W.            Primarus REIT /Bob Hadwell/403-984-1931/BHadwell@primarisreit.com                                    Regional Mall        809,000      137         1981
Sunrridge Power Centre                       3221 Sunridge Way N.E.             Anthem Properties Corp./Cindy Macmillan/604-488-3643/cmacmillan@anthemproperties.com                 Power Centre         127,777       13         2004
Sunridge Spectrum Shopping Centre                    2555-32 St. N.E.           Westfield Sunridge Spectrum Ltd./Donna MacArthur/403-293-6027/donnam@viewwest.net                     Community           130,000       16         1998
Taradale Coop                            6520 Falconridge Blvd. N.E.            Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                       Neighbourhood Centre      56,000         8         2000
The Core - T.D. Square                              317 - 7 Ave. S.W.           20 Vic Management/Stan Boniferro/416-681-9021/sboniferro@20vic.,com                                   Downtown            223,182       83         1977
The Boulevard Shopping Centre                 16061 MacLeod Tr. S.E.            20 Vic Management/Stan Boniferro/416-955-0595/sboniferro@20vic.,com                                  Power Centre         145,000       20         1998
Tower Centre                                          115 9 Ave. S.E.           Aspen Properties/Rob Blackwell/403-216-2242/rblackwell@aspenpropertiesltd.com                         Downtown            94,789        27         1969
TransCanada Centre                                  1440 - 52 St. N.E.          First Capital Realty/Ron Scheltz/403-263-8444/ron.schletz@firstcapitalrealty.ca                       Community           186,887       37         1973
Tuscany Market                             11300 Tuscany Blvd. N.W.             First Capital Realty/Paula Agioritis/403-257-6894/paula.agioritis@firstcapitalrealty.ca         Neighbourhood Centre      85,527        19         2003
Village Square                                       2640-52 St. N.E.           Strategic Realty/Ron Odigaki/403-770-2300/rodagaki@strategic-group.ca                           Neighbourhood Centre      57,384        38         1978
Vista Landing                                         920-36 St. N.E.           Huntindon REIT/Barry Meckelberg/403-571-4076/info@hreit.ca                                        Retail Mixed US.E.      39,000        38         1980
Westbrook Mall                                       1200 37 St. S.W.           20 Vic Management/Darren Anderson/403-249-0052/danderson@20vic.com                                    Community           404,236       76         1964
Westhills Towne Centre                          165 Stewart Gn. S.W.            Tonko Realty Advisors Corp./Blair Sinclair/403-245-4447/bsinclair@triovest.com                       Power Centre         344,221       52         1993
West springs Co-op                                    917-85 St. S.W.           Calgary Co-operative Association/Lisa Ha/403-219-6025/LHa@calgarycoop.com                       Neighbourhood Centre      70,000        11         2006
West Springs Village                              9 Ave. & 85 St. S.W.          Qualico Group/Arleigh Alden/403-212-6367/aalden@qualico.com                                     Neighbourhood Centre      60,000         9         2003
Willowpark Village                            10816 MacLeod Tr. S.E.            Western Securities Ltd./Mike Brescia/403-263-6940/mikeb@westsec.ca                                    Community           110,695       55         1978
Woodbine Square                              2525 Woodview Dr. S.W.             Hopewell Real Estate Services Inc./Melissa Walsh/403-232-8821/mwalsh@hopewell.com               Neighbourhood Centre      88,954        29         1981

 2012-2013            18     Boma building guide – calgary / www.calgaryherald.com/bomalistings.com
retail overview

Calgary continues to rock with new projects
  By MICHAEL L. KEHOE, Broker, Fairfield                                                             ence to the suburban plaza, and eventually
       Commercial Real Estate Inc.                                                                   the regional shopping centre.
                                                                                                        Post-war suburban consumerism ex-

T
          he Calgary region continues to be                                                          ploded in Calgary with the development of
          the hot retail development market                                                          new roadways and record housebuilding.
          in Canada as the city rocks with a                                                         Retail followed the rooftops.
record number of new retail-oriented proj-                                                              In 1953, the Britannia neighborhood
ects in pre-leasing or final planning stages.                                                        shopping centre was the first purpose-built
  Calgary’s economy is set to grow 3.8 per                                                           shopping centre in Calgary, and became the
cent over the next year, with net migration to                                                       template for other suburban strip plazas.
the city up 300 per cent since 2010, accord-                                                            By 1958, department store Simpsons-
ing to the Calgary Chamber of Commerce.                                                              Sears opened at the North Hill Centre, the
  Calgary is the head office capital of                                                              city’s first regional shopping centre. Follow-
Canada’s energy sector, and the retail and                                                           ing in 1960 was Chinook Centre, which is
distribution hub of Western Canada. The                                                              now the leading regional shopping centre
region enjoys low unemployment and solid                                                             with rents well over $1,000 per square foot.
consumer confidence levels.                                                                             Calgary shoppers continue to enjoy the
                                                 Blue chip workhorse: Calgary’s growing
  The city’s ultra-competitive retail and                                                            most up-to-date, fashion-forward shopping
                                                 shopping centre network is capturing the
shopping centre network is an ever-evolving      attention of international retailers.               facilities in Canada. The Calgary market
component of the region’s economy. Ac-                                                               is a key destination for international retail-
cording to a recent Kubas Primedia Retail          Stable rental rates, a competitive leasing        ers with a stable economy and an excellent
Sales Outlook report, Calgary is the retail      environment and consumer demand make                shopping centre network.
sales growth leader in 2012 among the ma-        Calgary the quintessential “landlords’ mar-                               n n n
jor markets it surveyed, projecting the city’s   ket,” as well as fertile ground for retail venues     Inner-city urban business districts
sales have grown by 7.5 per cent over last       such as grocery-anchored community cen-             densify — The urban street retail scene is
year, reaching $26 billion.                      tres, category-dominant retail power centers,       thriving in Kensington, Uptown 17/17th
  Calgary’s retail momentum has not gone         mixed-use/lifestyle centre projects, free-          Avenue S.W., 4th Street S.W./Mission,
unnoticed by Canadian and U.S. retailers         standing retail and main-/high-street retail.       1st Street between 12th Avenue and 17th
and restaurant chains looking to expand.           The Calgary regional trade area includes          Avenue S.W., Marda Loop, Inglewood,
American retail giant Target will enter the      the satellite communities of Strathmore,            Bridgeland and Stephen Avenue Walk.
Calgary market in 2013 with six new stores,      Okotoks, Cochrane, Banff/Canmore, Ches-               New mixed-use developments at the
further driving sales across the city.           termere and Airdrie.                                Stampede Trail in Victoria Park, Mission
  Luxury retailer Nordstrom is currently                             n n n                           and East Village district will feature street-
in the beginning stages of entering the Ca-       Shopping centres are blue chip work-               front retail space, adding to the excitement.
nadian market, with Calgary as one of four      horses — Calgary shopping centres have               In the downtown core, six new office tower
locations.                                      evolved from the 1950s open-air plazas and           projects now under construction will feature
                     n n n                      enclosed malls into some of Canada’s most            retail podiums.
   Ring road drives new activity — “The         successful regional shopping centres.                                      n n n
Calgary ring road is emerging as a key fac-       Most shopping centres in Calgary are                 New shopping centres driven by demand
tor in driving many of the 39 new retail        owned by some of the country’s finest and            — New power centres, lifestyle retail, com-
construction projects in the pre-leasing or     well-managed corporations, pension funds             munity shopping centres, hybrid-mixed-use
final planning stages,” says Jay de Nance, as- and real estate investment trusts. Retail real        and transit-oriented specialty retail projects
sociate at Fairfield Commercial Real Estate estate truly is the blue chip workhorse of a             continue to evolve across the greater Calgary
Inc. “These projects will be constructed over diversified investment portfolio.                      regional district.
the next three to five years, and will add 13.1   During the 1950s and ’60s, car-oriented              Our shopping centre and retail store net-
million square feet of new retail space to the suburbanites accelerated the transition from          works are vital components of the region’s
market.”                                        the traditional downtown shopping experi-            infrastructure. n
                                                                 www.calgaryherald.com/bomalistings.com / Boma building guide – calgary   19 2012-2013
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