Barry Commercial Real Estate. is a nationally associated commercial brokerage company specializing in leasing, sales, asset management, and appraisals of commercial real estate in Alberta.

After 19 years in commercial real estate and brokerage, K.J. Barry launched Barry Commercial in 2007. Barry Commercial has grown to include a team of ten professionals focused on needs fulfillment for their clients.

A member of the Appraisal Institute since 1992, K.J. Barry launched Barry Realty Advisors in 2008, to complement our brokerage skill set through the analysis, evaluation and appraisals of commercial real estate assets.

Together, Barry Commercial and Barry Realty Advisors provide a full menu of deliverables to earn our clients business.
A partial list of our services are highlighted below:

• Leasing assignments through tenant mandates or Landlord Agency
• Disposition and marketing programs for the sale of commercial real estate assets
• Appraisals completed by designated AACI’s
• Comparative market analytics | consulting | asset management
• Development analysis | feasibility studies
• Judicial ‘bid’ sale programs
• Asset ‘workout’ assignments

Our client experience encompasses a wide breadth of investor categories including: Banks, Financial Institutions, Pension Funds, Publicly Traded Companies, Regional Developers, and Local Entrepreneurs.

At Barry Commercial and Barry Realty Advisors, we are working to earn your business.™

MARKET COMMENTARY

November 25th 2009

The Canadian commercial investment market is experiencing significant volume decreases since the height of the market frenzy in the summer of 2007. Overall, the total investment dollars spent in Canada’s three main investment locations of Toronto, Calgary and Vancouver for assets in the office, retail and industrial sectors illustrates that all is not well with the commercial real estate market in Canada.

Moreover, that the current economic perfect storm brewing south of the border has had its own negative effects on the Canadian market and the silver lining is likely still a few quarters away. Barry says that based on the figures she analyzed as provided by RealNet Canada, Canada’s commercial real estate market is down a total of 59.60% between Q1 – Q3 | 2008 compared to 2009 YTD. The overall investment volume decreased from $6,887,768,172 2008 YTD to $2,782,331,981 2009 YTD. The overall number of transactions for assets valued over $1M decreased from 1,100 to just 600 completed for the same period during 2008.

2009 Outlook – Equity fallout, financing, and lack of visibility continue to wreak havoc for Commercial Real Estate Investors

As 2008’s Calgary commercial market concluded with a deflationary trend line in assets sales, 2009 will evidence a marked decline in real estate values across most major commercial trade areas and asset classes.

Already in the first 2 months of 2009, investors have stomached unsettling fluctuations in the equity markets, continued financing restraints, and an economic outlook that while difficult to navigate – is destined to end with a decline in overall asset values by Q3 | 09. Investors in stable assets with long term financing are optimistic while others requiring refinancing are bracing for new lending debt equity ratios implemented by those lending institutions still in the market.