Buy or Lease With LIANG Commercial

Our Industrial Specialists Help With Your Industrial Property Purchase and Lease

  • Find you a right industrial property – we have a network of many listings that are not on the open market, from developers, industrial landlords, and commercial brokerage networks.
  • Free evaluation for buyers/tenants on industrial properties with our in-depth and professional market knowledge to protect you from overpaying.
  • Identify potentials, future values and hidden values of a industrial property to maximize your profit.
  • Negotiate a deal that is most favorable to you.
  • Assist you with due diligence, regulatory approvals, commercial financing, environmental assessment, appraisal, and property inspection, etc.
  • Our commercial specialists assist with financial analysis and investment return of business and commercial properties.
  • Our Calgary and Edmonton industrial teams are members of both Calgary and Edmonton Real Estate boards, and thus we can access listings from both boards.

 

Commercial Financing

For Commercial Mortgage, please contact commercial bankers, not residential mortgage agents. Business financial statements and business/commercial property appraisal reports are required for bank financing.

    • Leasing: Banks do not typically finance NEW businesses. If you plan to lease a commercial space and start a new business, please be prepared with cash for the following: leasehold improvements to meet building code requirements for your specific business type, obtain quotes from contractors, purchase equipment, pay the first month's rent along with a security deposit, and have enough funds to cover 12 months of business expenses before your business becomes profitable. Banks may consider providing a business loan after one year if your business demonstrates profitability. For many types of businesses such as restaurants, daycares, and auto shops, leasing space to start a new business can be more costly and time-consuming than acquiring an existing business due to the expenses and time involved in renovations and purchasing new equipment. The process typically takes 6 to 12 months, including permit applications, renovations, and equipment installation.
    • Commercial Property: A down payment of 25% to 35% is required, depending on the type of commercial property, the property's income financials, and the buyer's business finances. For the purchase of land, a 50% down payment and a proposal for future development are required for a commercial mortgage.

 

Tenants Representation - New Lease, Lease Renewal and Sublease

  • New Lease - LIANG Commercial finds an industrial space based on tenants’ operational requirements, such as zoning, warehouse ceiling height, loading dock or drive in, yard space, power requirement, space specs and other specific requirement. We provide build-to-suit planning, demographic analysis, cost of occupancy analysis and negotiation services. Our team works on industrial space with a minimum size 2,500 sf and a minimum lease term of five years. If you look for industrial space smaller than 2,500 sf, we recommend contacting other agents. For a new business, landlords require tenants to provide proof of funds to start the business, to cover improvements and equipment costs, as well as to operate the business for 6 to 12 months. This typically includes bank statements, credit information, personal financials, and a net asset statement. Banks generally do not finance new businesses. Most commercial landlords typically require a five-year lease term. If you're interested in a shorter lease term, please contact landlords directly or reach out to other agents
  • Lease Renewal - LIANG Commercial reviews current leases, prepares lease rate survey and provides professional insights on optimal renewal lease rate and term, as well as free rent and improvement allowance. We contact landlords to negotiate on behalf of tenants. Lease renewal usually starts 6 months to 1 year prior to expiry date.
  • Sublease - LIANG Commercial assists tenants to review current leases, prepare lease rate surveys, and advises sublease rates, terms and conditions. We help subtenants to get approval from landlords. Some sublease may be turned into a headlease, which is most landlords and new tenants prefer, and thus releases tenants from leases.

 

To purchase or lease an industrial property or lease a commercial space, please submit Buyer/Tenant form.

To request info of our industrial property listings, please download and sign the Confidential Agreement and the Buyer Brokerage Agreement. Please send to our agents who are in charge of those listings. Alternatively, you may request a DocuSign version from our team members for quick signing on your phone.