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Cannabis, Tech And Retail Driving Growth Of Commercial Property Markets In Western Canada

by benzinga.com posted 1week ago 11 views
Cannabis, tech and retail driving growth of commercial property markets in Western Canada Canada NewsWire KELOWNA, BC, Oct. 10, 2018 Competition among cannabis companies fueling demand for commercial real estate KELOWNA, BC, Oct. 10, 2018 /CNW/ - Both Kelowna and Edmonton are poised to become hot spots for Canada's cannabis market post-legalization with competing cannabis enterprises looking for operating space in both cities. While Kelowna's commercial real estate market saw an 8 per cent decrease in total sales value for commercial property types year over year, the city has identified more than 900 locations for retail spaces.

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