Business Beat: Helping Connect Commercial Properties and Entrepreneurs

As a new or seasoned business owner, finding the right commercial building, in the right location can be an extensive process.

On the other hand, owning a commercial building and trying to attract a potential lessee or the right buyer can also be an exhausting endeavour.

Our local realtors are a great resource and should be your first step, but sometimes you may need more information to make your decision. Invest Medicine Hat (IMH) can help connect the dots.

Our team at IMH talks to entrepreneurs, business owners, potential investors, realtors and building owners regularly. We support their ideas and businesses in a number of ways whether it's connecting them to potential labour and grant programs, to assisting them with market research and industry trends. We relish the opportunity to listen and lead.

We also understand it can be costly to advertise an opportunity to the right target audience and with that, we want to help.

For instance, a couple of IMH representatives recently met with the Arcade Plaza building owner downtown, Navneet SingBhui, and were able to provide feedback on his commercial space and share some of the business research findings through the Invest Southeast Alberta BREWD report.

Navneet appreciated the data and feedback and has since then made significant modifications to the interior aesthetic of the building, expanded his parking availability for tenants and their customers, switched all of the lighting throughout the building to ensure low operating costs, and is in the process of obtaining designated loading zone parking out front.

Knowing this information about Navneet and his building, IMH is better equipped to lead budding entrepreneurs and business owners to this particular opportunity. Our goal is to help connect the right business people to the right business resources.

We encourage you to share your commercial real estate opportunities with your local Economic Development team. Whether you are looking to buy, lease or sell, don't forget to share listing information with the support team at IMH.

If we can connect your listing with potential opportunity, we will. Email invest@medicinehat.ca and include the following information:

Contact name, email and phone number

• Location, neighbourhood and address of property
• Zoning
• Square footage
• Purchase of lease opportunity
• Terms of lease
• Price range
• General specifications
• Additional highlights

To learn more about the findings in the BREWD report, you can also email us at invest@medicinehat.ca and we will make sure you get a copy.

Kelli Ireland is a marketing specialist at Invest Medicine Hat.