Commercial Real Estate Development
Explore the unique aspects of three commercial market segments: industrial, retail, and office.
There are fundamental differences between residential and commercial real estate development. This course focuses on the unique aspects of three commercial market segments: industrial, retail, and office. Gain an in-depth understanding of topics related to market analysis, site selection, the planning and construction process, marketing to commercial tenants, and long-term development strategies. In collaboration with peers, interact with expert guest speakers, senior leaders, and examples of active commercial projects from across Canada.
In-person classroom session: November 1 & 2, 2024
Site visit: TBD
Live online session: November 14, 2024
Registration deadline: October 20, 2024
Investment: $995
Commitment: 18 hours
Grant funding: This program could be eligible for grant funding that can cover up to 2/3 of the program costs. An Executive Education team member can help you bundle courses to meet the minimum hours needed for eligibility. For more information: execed@haskayne.ucalgary.ca.
Participants who attend this course will learn to:
- Gain a high-level understanding of the current market environment for retail, industrial and office properties in Canada, using Calgary as a case study
- Recognize terminology specific to the commercial real estate (CRE) industry and in news media and scholarly articles
- Research where and how to find market information on the CRE industry
- Interact with several key CRE developers from across Canada, through guest speakers and a site visit
- Assess the viability of a site from best use to marketability for a CRE project
- Identify the differences for construction financing requirements and evaluating the value of tenants across the retail, industrial, and office market segments
- Differentiate between marketing to commercial versus residential real estate and identify key differences when marketing to retail, industrial, and office users
- Prepare a project viability report and present to the class as if they are investors
Participants come from a variety of fields including real estate development, banking, government, architecture, planning and engineering. The program is aimed for those who aspire to work in field of real estate development, expand understanding of the development process, and benefit from local expertise, perspectives and gain hands-on experience.
John Fisher, Director, REDI Canada & Executive Vice President, CBRE