When we think of innovation and trends leading us into Edmonton's future regarding our commercial developments, a few words must now come to mind... Simons Londonderry Mall. Not likely the general public's first thought, but since Londonderry Mall announced their $130 Million renovation and redevelopment plan in 2014, this has come to fruition, notably due to the largest solar system in Edmonton that now swathes the new Simons development.
Read MoreAfter months, or rather years, of doom and gloom for the derelict malls that encompass huge swaths of land in our urban epicenters, a pathway has presented itself for the landowners of these properties. One solution to the woes of these Class B and C malls is their conversion into warehouse space for the ever growing and expanding E-Commerce market.
Read MoreThere is a new bet on Wall Street that is beginning to gain steam. The bearish short against Commercial Mortgage Backed Securities (CMBS), specifically securities backed by loans taken out by shopping mall operators, is being coined as the next Big Short.
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