Pleasanton Townhomes class property refers to all real estate owned by professional actors who are not tenants and receive income from it, as usual. Given their specifics, social landowners, on the one hand, and private landlords, on the other hand, are excluded from the sphere of analysis. This definition of commercial real estate by type of holder covers a wide range of assets: – corporate real estate assets represent the main, but not exclusive, share of commercial real estate assets.
Among these assets, we can distinguish four main types of goods that correspond to different segments: offices, commercial premises, which vary from shops at the foot of buildings to shopping centers, premises and logistics, designed for the design, production and storage of goods (warehouses, production facilities, etc.), and maintenance of real estate, including hotels and healthcare and leisure facilities.
In this asset area, Pleasanton Mobile Homes is part of a portfolio of commercial real estate that does not belong to its owners. Other non-residential assets, such as parking lots or restaurants; – and residential assets: given the definition of the nature of the owner and, despite the exclusion of social homeowners, the field also covers residential assets, in particular in the form of collective housing. The share of these assets in commercial real estate, however, is rather small. Commercial real estate presents particular challenges.
This asset class is a priori quite sensitive to the economic situation: real estate market conditions (price, transaction dynamics, vacancy rates, rents, etc.) depend, in particular, on the macroeconomic context (economic and financial situation of companies, tenants, real estate demand and etc.). In addition, it is also affected by financial justifications that affect the relative attractiveness of real estate investments compared to other classes of financial assets.
The real estate commercial and industrial real estate market. Created in collaboration with Pleasanton and its research unit Altus InSite, the portrait of the real estate market presented on the following pages will allow real estate investors to keep abreast of the conditions of the real estate market in Laval. It sets out both the options available on the rental market and the costs of building or acquiring new facilities. Data from industrial and office real estate markets provided by Pleasanton and its division are based on field studies that led to an inventory of real estate available in the Laval area.
Compiled data used to analyze other market parameters, such as economic and market rents, selling prices per square foot, land value and many others, come from various recognized sources and complement this portrait of the real estate market.
Pleasanton has a large industrial zone on its territory, divided into three main sectors: west, center and east, strategically located near the transport axes. Covering an area of 171.5 million square feet, has 40 million square feet of development, and offers businesses and developers a variety of support programs, including a generous property tax credit. The important infrastructure of the city and a well-developed network of road and collective transportation provide smooth and efficient access. These are the advantages to which the participants of the real estate market and enterprises are sensitive, as evidenced by the scale of projects in the industrial, commercial and residential sectors.
It is no longer sufficient to meet the requirements of economic development; need a more proactive approach. Governments and enterprises need to develop investment strategies specifically designed to support high-value market segments and related businesses. In order to realize the momentum needed to take advantage of future economic opportunities, a number of initiatives should be implemented, such as targeted marketing, site selection analysis, search, real estate campaigns, promoting accessibility of places and financial or other incentives to stimulate innovation and reduce operating costs, and these are just some of them. In our opinion, if such measures are not taken now, Canada will miss a huge opportunity for economic growth. Companies wishing to expand will simply want to invest elsewhere to take advantage of the many benefits that other countries offer in a highly competitive global market.