Salomons Commercial

09/17/2026

Red Deer’s retail market Q2 2026.

📉 Vacancy fell to 6.84%, down from 7.19% — the lowest level since Q4 2018

📊 31,073 SF of positive absorption

📝 86,254 SF of leasing activity

🏬 North Red Deer vacancy fell below 5%, while Downtown improved to 7.94% and South Red Deer to 7.56%

Despite more than 50,000 SF of new inventory coming to market, leasing activity remained healthy and available retail space continued to be absorbed. Elevated leasehold improvement costs remain one of the bigger challenges in getting transactions completed.

Contact us today to see how we can help you navigate the retail market.

09/04/2026

Red Deer’s industrial market tightened again in Q2 2026.

📉 Vacancy fell to 3.99%, down from 4.47%

📊 70,277 SF of positive absorption

📝 118,903 SF of leasing activity

🏭 Only 589,022 SF remains available across 66 listings

With limited new construction and shrinking functional inventory, pressure on lease rates and sale values continues.

Contact us today to see how we can help you navigate the industrial market

08/21/2026

Low vacancy rates can be a sign of a healthy market - but they also change the playing field for tenants, buyers and landlords

When available space becomes limited, a few things typically happen:

🔹Lease rates begin to rise as tenants compete for fewer quality options

🔸Sale prices are supported as owner-users have fewer opportunities to purchase existing buildings

🔹Landlords gain negotiating leverage, particulary for well-located and well-maintained properties

🔸Tenants need to plan further ahead, as finding the right size, location, and configuration becomes more difficult

🔹Older or previously overlooked properties can see renewed demand as the best inventory is absorbed

🔸New construction becomes increasingly important - but high construction costs can make new development difficult to justify, keeping pressure on existing inventory

For businesses considering a move, expansion or purchase, low vacancy means the search often needs to start earlier and expectations around pricing may need to adjust

For property owners, it can create an opportunity to revist rental rates, positioning and long-term strategy

Vacancy is more than just a market statistic. It directly influences pricing, negotiating power and the decisions businesses make about where and how they operate.

08/19/2026

📍 102, 498 McCoy Drive | Red Deer County, AB

This 8,010 SF industrial unit in McKenzie Industrial Park offers a highly functional combination of office, shop, mezzanine, loading, and secure outdoor yard space.

🔹 8,010 SF main floor
🔹 Developed mezzanine with training room
🔹 4 private offices + reception area
🔹 Bright, open shop area
🔹 (3) 16' x 18' OHD
🔹 Dedicated wash bay (16'x18' OHD)
🔹 Fully paved & fenced yard
🔹 MI – Medium Industrial zoning
🔹 Excellent access to 19th Street, 40th Avenue & QEII Highway

💰 Lease Rate: $13.00/SF
📊 Additional Rent: $4.25/SF
📅 Possession: September 1, 2026

A great fit for industrial, service, equipment, and distribution users looking for a well-equipped facility in a strategic Red Deer location.

📞 Contact us today at 403 343 3023 to learn more or arrange a tour.

08/14/2026

Your Next Commercial Opportunity Starts Here

Looking for the right space to grow your business—or the right buyer, tenant, or investment opportunity for your commercial property?

Salomons Commercial brings local market knowledge, experience, and a results-driven approach to every commercial real estate transaction here in

🏢 Buying? Find a property that fits your business goals.
📈 Selling? Position your property for maximum exposure and value.
🔑 Leasing? Connect with the right space and the right opportunity.
💼 Investing? Make informed decisions with a team that understands the market.

Whether you're making your first commercial real estate move or adding to an established portfolio, we're here to help you make the next move with confidence.

Let’s talk about your next opportunity.

07/09/2026

Commercial opportunities in Blackfalds, Alberta.

With continued population growth and strong regional connectivity, Blackfalds remains one of Central Alberta’s most active communities for commercial opportunity.

Our current Blackfalds listings include retail space for lease, professional office space, and development land for sale, with options ranging from high-exposure Highway 2A locations to serviced land positioned for future growth.

Whether you are looking to lease space for your business, expand your footprint, or secure land for future development, Blackfalds offers strong access to the broader Central Alberta market and a growing local customer base.

Visit our website for more details or contact us today | salomonscommercial.com

06/26/2026

Red Deer’s latest building permit numbers tell a bigger story than the headline figure.

The City of Red Deer reported $5.7M in building permit values for May 2026. While overall permit values are down compared to last year, the activity behind the numbers still points to movement in the commercial market.

For commercial real estate, growth does not always show up as brand-new construction. In many cases, it shows up through reinvestment into existing buildings, tenant improvements, renovations, and businesses adapting space to better fit their operations.

That is an important signal.

Quality, functional, well-located commercial space continues to matter. Landlords who invest back into their properties are better positioned to attract and retain tenants, while businesses continue to look for spaces that can support their next stage of growth.

At Salomons Commercial, these are the details we watch closely. Permit values are one piece of the picture, but the real insight comes from understanding where activity is happening and what it says about tenant demand, property positioning, and the direction of the local market.

Source: City of Red Deer
https://www.reddeer.ca/whats-happening/news-room/building-permit-values-decrease-in-may.html

06/24/2026

🖋Recent leases across the & Area Market

From high-profile retail units to freestanding industrial properties, Salomons Commercial has been active across a wide range of lease transactions.

We’re proud to have represented both landlords and tenants in these successful deals, helping connect businesses with the right spaces and property owners with strong occupants.

Thank you to our clients and partners for your continued trust.

06/22/2026

https://www.cbc.ca/news/canada/nova-scotia/competition-bureau-sobeys-empire-property-controls-9.7244547

This article about the Competition Bureau’s review of Sobeys/Empire property controls is a good reminder that is about more than rent, square footage, and location.

Use clauses, exclusivity rights, restrictive covenants, and title restrictions can all shape what businesses are allowed to operate in a property or trade area.

In some cases, these clauses protect an anchor tenant, preserve tenant mix, or support the economics of a development. In other cases, if they are too broad or remain in place too long, they can limit competition and create real barriers for new businesses trying to enter a market.

This is one of the behind-the-scenes items we look for when helping landlords, tenants, buyers, and sellers. Before a deal is completed, we review the existing lease language, permitted uses, exclusivity clauses, title restrictions, and any potential conflicts that could impact the future use or value of the property.

The best commercial real estate decisions are not just about finding space. They are about understanding what you can actually do with that space.

The Competition Bureau has obtained court orders requiring the parent company of Sobeys to produce documents and testimony for its investigation into property controls, which are agreements that can limit the places where a new grocery store can open.

06/12/2026

🏢 NEW LISTING | Receivership Sale Opportunity – Red Deer

📍 4711 51st Avenue, Red Deer, AB
💰 Asking Price: $4,200,000
📐 42,091 SF | 0.96 Acres | 2-Storey Building

A rare chance to acquire a value-add commercial property in the heart of Red Deer's core. Zoned C-1 (City Centre Commercial), this property supports a wide range of uses — retail, office, medical, educational, and service commercial.

✅ ~$2.48M in recent capital improvements
✅ Renovated common areas & exterior upgrades
✅ Sprinkler system & electrical improvements
✅ On-site parking (rare in the downtown core!)
✅ Existing tenants: H&R Block, Dream Start Daycare & Pathways Home Family Counselling
✅ Excellent access to Gaetz Ave, Taylor Drive & Highway 2

Offered on an as-is, where-is basis through a Court-appointed receivership process — motivated sale with significant lease-up potential.

🔗 View the full listing: https://salomonscommercial.com/property-search/42091-sf-downtown-red-deer-commercial-property-receivership-sale/