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Excellent office opportunity for your organization. Whether you provide business services, medical or anything in between, this 1800 square foot space could be a great fit for you. Featuring 5 good-sized offices all with
Unique opportunity to own this commercially zoned property in a residential neighbourhood. Previously operating as a dental clinic with plumbing in the offices. Main floor includes a reception area, 3 private offices, ki
FOR SALE $899,000.00 OR LEASE @ 10/sqft base rate 1st year - 10217 Queen Street! 7000+ sqft of absolutely premium built out office space in the downtown area. Formerly the space was occupied by Alberta Health Services an
EXCEPTIONAL PROFESSIONAL OFFICE SPACE IN CALGARY’S THRIVING NORTHWEST. Introducing a distinguished opportunity to own premium office space in Calgary’s sought-after northwest corridor. Located at The Point at Nolan R
Nestled in the heart of downtown, this lease space is a haven waiting to embrace your vision. Ideal space for a medical professional or health spa seeking a prime location, surgical unit on site and each office is though
Welcome to this 11,420 square foot, two-story office building in a unique southwest location. Unit 1 which consists of office space is 4,424sqft and Unit 4, the warehouse is 1,205sqft. This building offers a rare opportu
Excellent Business Unit at West Edmonton Commerce Park. 1,000 sf on Main Floor and 500 sf on Upper Level (1,515 sf). Presently 3 Offices with Reception/Lobby, Print Room and Washroom on Main Floor. Upper Floor has Board/
MIXED -USE Zoning Condo In Downtown Ice District is truly exceptional! With its blend of residential and commercial possibilities, it offers a unique opportunity for buyers. The 158sq loft area adds versatility to the sp
EXCELLENT LOCATION & RARE GEM! Step into urban elegance with this unique DOWNTOWN townhome. Perfectly situated on main 111 St, it is located right by Grant MacEwan University, Tim Hortons, with short walks to the vibrant
Welcome to Whitemud Business Park. This established southside office park has recently underwent a condo conversion so units are now for sale! Sizes range from 1,109 Sq. Ft. up to 6,964 Sq. Ft. The park has a campus-lik
Turnkey high visibility office space located in the Brewery District facing 104 Avenue at 121 St. Main floor with direct street level access and front patio with railing. This corner unit is very well finished with treat
Located on 104 Street, this commercial condominium presents an ideal space suited for offices, minor retail ventures, and salons. Zoned CB1, this main floor unit boasts over 971 square feet of developed space, featuring
Opportunity to purchase a, free-standing building in the Thickwood Heights community. The subject property is fully leased toAlberta Health Services. AHS is Canada’s first and largest provincewide integrated health sys
Move-in ready, street front, main level office/retail space available for sale or lease. Easily accessible high-visibility location. Suitable for many office usages including lawyers, accountants, immigration, and other
"AAA" Office space for sale in the thriving community of Grande Prairie, Alberta. This 1312 sq.ft. property offers extremely high end interior finishings combined with a strategic location in one of the city's best profe
Professionally managed building, currently approved for Office, Instructional, Retail and Entertainment use. The main floor consists of a showroom, 3 large classrooms, 1 bathroom, kitchen area, and storage with grade lev
Unique Opportunity To Invest & Profit. Turn Key Operation. Free Standing Commercial Building Occupied by Long Standing Professional Anchor Tenant-Co-Operators Insurance on Current 5 Year Lease. Plus Separate, Second Floo
Second floor corner office unit with elevator access perfectly tailored for Accounting, Law, Immigration, Physio & Massage, Real estate and Mortgage service, etc. More space may be acquired if needed! (id:39198)
This property is located in a highly desirable area – bottom of the “North Hill”. The property has 2 leasable spaces. One is occupied by an Optometrist and the other was formerly used as a dental office with 8 oper
INVESTOR ALERT! Prime Downtown Opportunity. Looking to add a lucrative investment to your portfolio? Look no further!Located in the heart of downtown, this main floor corner unit in Junction Point offers an array of amen
This fully serviced 1, 718 square foot commercial bay is for SALE! Located in close proximity to all amenities, Marlborough LRT station and quick access to Deerfoot, Stoney Trail, Calgary International airport and 10 min
Incredibly located office space, quick access to Deerfoot Meadows, Deerfoot Trail, MacLeod, Chinook Centre and surrounding area. Front entrance opens into a spacious front lobby and access to stairs leading to the second
979 sq ft free standing building located on a very busy street in the Village of Thorsby. Parking is located in the front of the building. It is a modular on a cement foundation with crawl space and is wheelchair accessi
EXCEPTIONAL PROFESSIONAL OFFICE SPACE IN CALGARY’S THRIVING NORTHWEST. Introducing a distinguished opportunity to own premium office space in Calgary’s sought-after northwest corridor. Located at The Point at Nolan R
CLASS "A" OFFICE SPACE FOR SALE. This property offers ultimate flexibility to acquire 1119 sq.ft. of 2nd floor office space in a well situated central business district location. This listing is for an individually title
CLASS "A" OFFICE SPACE FOR SALE. This property offers ultimate flexibility to acquire 2127 sq.ft. of 2nd floor office space in a well situated central business district location. This listing is for an individually title
CLASS "A" OFFICE SPACE FOR SALE. This property offers ultimate flexibility to acquire 1019 sq.ft. of main floor office space in a well situated central business district location. This listing is for an individually titl
CLASS "A" OFFICE SPACE FOR SALE. This property offers ultimate flexibility to acquire 2513 sq.ft. of main floor office space in a well situated central business district location. This listing is for two individually tit
PRIME LOCATION... For Sale and Fully Leased! 4105 sf with Three separate units with three strong tenants featuring a COMBINATION OFFICE / SHOWROOM / WAREHOUSE in great location on Fisher Street, OKOTOKS. Well maintaine
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Alberta has always attracted businesses with its bustling cities and thriving industries. The province offers diverse office properties to accommodate multinational corporations and budding startups. Investors seeking office buildings for sale in Alberta, whether prime parcels in downtown Calgary or entrepreneurs eyeing cozy spaces in Red Deer, will find the province's commercial real estate market suitable.
An office property goes beyond just a structure; it is a thriving center for productivity and innovation. Essentially, an office property encompasses a work-oriented building that accommodates diverse offices functioning as the nerve centers for businesses. From towering skyscrapers to charming low-rise constructions, office properties come in various forms and sizes, each offering a distinct ambiance and an array of amenities.
Classifications of Office Buildings in Alberta according to BOMA (Building Owners and Managers Association)
Class A: These are the crème de la crème of office buildings. Located predominantly in prime downtown locations, Class A properties are prestigious and compete for the attention of high-end office users. They are a testament to architectural excellence with top-notch finishes, state-of-the-art components, and modern designs. A shining example is ‘The Bow, an iconic skyscraper’ in downtown Calgary. For more insights on Class A properties, explore office buildings for sale in Alberta.
Class B: These properties strike a balance between luxury and affordability. While they might not be in the heart of the financial district, they offer substantial amenities and are often located in the suburbs or just outside the main business hubs. For those looking for a blend of functionality and aesthetics, office buildings for sale in Red Deer, Alberta, might be an ideal choice.
Class C: These are the seasoned veterans of the office property world. While they might be older and command below-average rents, they have a charm. Often located in less desirable locations, they are characterized by vintage appeal. Renovations are common, and some even transform residential units. For those with a penchant for retro office buildings for sale in High Level, Alberta offers some intriguing options.
Alberta's real estate market is as dynamic as its landscape. Several factors influence the ebb and flow of property prices and demand.
Factors Influencing the Market
Economic Climate: The overall health of Alberta's economy plays a pivotal role in determining the demand for office spaces. A booming economy often translates to increased demand as businesses expand.
Infrastructure Development: The development of new highways, public transit systems, and other infrastructure can boost the appeal of certain areas, leading to a surge in demand.
Environmental Site Assessments: Conducting an environmental site assessment is crucial before purchasing any parcel. This ensures the land adheres to environmental standards and doesn't house any potential hazards.
Demand and Supply Dynamics
The real estate market thrives on the intricate relationship between demand and supply. An array of factors, including economic growth, infrastructure development, and favourable policies, can stimulate demand. At the same time, the presence of high-quality properties guarantees a balanced marketplace. Informed decision-making for investors and businesses necessitates a keen understanding of these dynamics.
At FindBusinesses4Sale, we understand that the success of a business often hinges on its location. The right location can enhance visibility, improve accessibility, and even influence the perception of your brand. The significance of location cannot be overstated when considering office buildings, especially in a diverse province like Alberta.
Proximity to Highways and Public Transit: An office building's proximity to major highways and public transit systems can drastically affect its desirability. Easy access ensures employees, clients, and suppliers can reach the office without unnecessary delays, enhancing productivity and client satisfaction. For instance, an office near a major transit hub can be a boon for businesses that value connectivity.
Visibility from the Road: An office building that stands out and is easily visible from the road can serve as its advertisement. It not only makes it easier for visitors to locate the office but also reinforces brand presence in the minds of passersby.
With its rich history and thriving economy, Alberta presents numerous opportunities for businesses in their quest for the ideal office space. Let us explore some of Alberta's premier cities that have emerged as vibrant commercial hubs.
Edmonton: As the capital city, Edmonton is a hub of activity and offers a mix of modern skyscrapers and historic buildings. Its vibrant downtown area is a magnet for businesses from various sectors.
Calgary: Known for its towering skyscrapers and bustling business district, Calgary is a favourite among corporations and startups. Its strategic location and excellent infrastructure make it a top choice for many.
Athabasca: A hidden gem, Athabasca offers a serene environment and modern amenities, for businesses that value a balance between tranquillity and connectivity, office buildings in Athabasca are worth exploring.
Pincher Creek: Nestled amidst natural beauty, Pincher Creek is perfect for businesses that wish to operate in a picturesque setting without compromising on amenities. Discover the potential of office spaces in Pincher Creek.
Choosing the right location goes beyond just the city or town. It's about delving deeper into the nuances influencing daily operations and long-term growth.
Accessibility to Building: Ensuring smooth ingress and egress is paramount. An office building should be easily accessible to all, including those with disabilities. Features like ramps, wide entrances, and multiple access points can make a difference.
Zoning: Before finalizing any office space, it's crucial to understand its zoning regulations. This will clarify the permitted uses of the property and any potential future rezoning possibilities that could impact its value or utility.
Parking: In today's fast-paced world, adequate parking is necessary. An office building with ample parking spots ensures convenience for employees and visitors and adds to its desirability in the market.
FindBusinesses4Sale takes pride in providing comprehensive insights and listings to fulfill diverse business needs. Whether you are a startup searching for a small office space or a corporation aiming to expand, our experience and extensive database will guide you toward the perfect property.
Embarking on the journey to purchase an office building in Alberta is exciting and intricate. With Alberta's dynamic commercial real estate landscape, it's crucial to have a clear roadmap to navigate the process. At FindBusinesses4Sale, we've curated a comprehensive guide to ensure your seamless investment journey.
What a Real Estate Agent Should Determine When Representing a Buyer:
Determining the Reason for Purchase: Is the buyer looking for an investment opportunity or a space for their business operations? Distinguishing between an investor and an end user can significantly influence the search criteria.
Checking the Availability of Properties: Based on the buyer's specifications and budget, exploring the available properties on platforms like FindBusinesses4Sale is essential to find the perfect match.
Assessing Financing Requirements: Understanding the buyer's budget and financing needs can streamline the purchase process. This includes determining down payments, loan qualifications, and other financial considerations.
Navigating property listings can be overwhelming, given the information they contain. Here's what to focus on:
Location: Proximity to major hubs, accessibility, and neighbourhood dynamics.
Size & Layout: The total area, number of rooms, and floor plan.
Amenities: Features like parking, security systems, and additional facilities.
Price: Comparing the listing price with prevailing market rates for a fair assessment.
Photos & Virtual Tours: Visual representations give a clearer idea of the property's condition and aesthetics.
Verifying Relevant Information: Ensure that all the details provided in the listing align with the actual property. This includes verifying the property's dimensions, amenities, and other unique features.
The legal process of purchasing commercial real estate can be intricate. Here's a brief overview:
Title Search: Ensure the property is free from any liens or encumbrances.
Zoning Laws: Confirm that the property's zoning aligns with the buyer's intended use.
Purchase Agreement: Draft a comprehensive agreement detailing the terms and conditions of the sale.
Inspections & Appraisals: Conduct thorough checks to assess the property's condition and determine its market value.
At FindBusinesses4Sale, we're committed to simplifying our client's commercial real estate journey. Our expertise and extensive listings aim to make your property-buying experience in Alberta smooth and rewarding.
Financing plays a crucial role in the realm of commercial real estate. Whether you are an experienced investor or embarking on your first purchase, understanding the available financing options can greatly impact your decision-making process.
At FindBusinesses4Sale, we prioritize equipping our clients with the knowledge necessary to make informed choices. Here are some avenues to explore for financing office buildings in Alberta.
Understanding the Buyer's Budget and Financing Needs:
Before exploring financing options, having a clear picture of your budget is essential. This involves:
Initial Investment: Determine the amount you can invest upfront. This will influence the loan amount you need.
Monthly Budget: Assess how much you can comfortably allocate towards loan repayments, maintenance, and other associated costs.
Future Financial Projections: If you're buying the property as an investment, project the potential rental income or appreciation to gauge the property's profitability.
Commercial real estate loans are specifically crafted to acquire business properties. Here is what you should know:
How They Work: Unlike residential loans, commercial loans often have shorter terms, typically ranging from 5 to 20 years. They might also have higher interest rates.
Down Payment: Commercial properties usually require a more substantial down payment, often ranging from 20% to 30% of the property's value.
How to Qualify: Lenders will assess your credit score, business financials, and the property's potential profitability. They might also consider the property's location, condition, and market value.
Types of Loans: There are various commercial real estate loans, including traditional loans, SBA loans, and bridge loans. Each comes with its own set of terms and qualifications.
Pooling resources with investment partners can provide an effective means of financing for purchasing commercial properties. When considering this option, it is important to keep in mind the following aspects:
Benefits:
Shared Risk: By partnering with investors, the financial risk associated with the property is distributed.
Larger Investments: You can target more prominent, potentially more profitable properties with combined resources.
Diverse Expertise: Different partners bring varied expertise, enhancing decision-making.
Considerations:
Shared Profits: While risks are distributed, so are the profits. It's essential to have a clear agreement on profit distribution.
Decision Making: Decision-making can be more complex with multiple stakeholders. Ensure there's a defined process in place.
Navigating the financing landscape may seem intricate, but with our trustworthy guidance, it transforms into a manageable process. At FindBusinesses4Sale, we support our clients throughout their commercial real estate journey, ensuring they secure the most favourable deals in Alberta.
The commercial real estate landscape, particularly office spaces, constantly evolves. With its unique combination of urban centers and vast landscapes, Alberta provides a glimpse into the global trends influenced by local and international factors. At FindBusinesses4Sale, we take pride in keeping pace with these changes to ensure our clients always stay ahead.
Overview of Current Market Conditions:
Alberta's office space market has experienced significant transformations in recent years. The province has attracted diverse established and startup businesses, leading to a steady increase in the demand for office spaces. However, like any market, it is susceptible to fluctuations influenced by economic, political, and environmental factors.
Factors Influencing Current Trends:
Technological Advancements: The rise of digital businesses and tech startups has led to a surge in demand for modern office spaces equipped with the latest amenities.
Urbanization: As more people move to urban centers in Alberta, businesses follow suit, leading to increased demand in cities and a corresponding price rise.
Future Predictions Based on Current Data:
Sustainable Office Spaces: With a growing emphasis on sustainability, we predict a rise in demand for eco-friendly office spaces equipped with green technologies.
Flexible Workspaces: The future lies in flexibility. As businesses adapt to changing work models, there will be a surge in demand for flexible office spaces that accommodate both traditional and remote workers.
Infrastructure Development: As Alberta continues developing its infrastructure, previously overlooked areas might emerge as commercial hotspots.
The pandemic has undeniably left its mark on the world, and Alberta's office space market is no exception.
Impact on Demand: With many companies adopting remote work models, there was an initial dip in demand for traditional office spaces. However, as businesses adapt to the 'new normal,' there's a growing demand for hybrid office spaces catering to in-person and remote work.
Supply Chain Disruptions: The construction of new office spaces faced delays due to supply chain disruptions, leading to a temporary supply crunch.
Price Fluctuations: The initial months of the pandemic saw a dip in office space prices. However, prices are increasing as the market stabilizes and businesses resume operations.
In-depth Analysis of Specific Properties:
Alberta's commercial real estate market showcases a remarkable diversity, mirroring its captivating landscape. Boasting towering skyscrapers amidst bustling urban centers and serene office spaces nestled in tranquil suburbs, Alberta presents an extensive array of options for businesses and investors alike.
The understanding of specific property nuances offers invaluable insights into broader market trends. Factors like location, amenities, architectural design, and historical significance significantly impact the desirability and value of a property.
Highlighting a Notable Office Building:
Edmonton Tower:
Location: Situated in the heart of Edmonton's vibrant downtown, the Edmonton Tower offers unparalleled accessibility to the city's major business hubs.
Design & Architecture: A blend of modern design with sustainable features, the tower boasts energy-efficient systems, making it a favourite among eco-conscious businesses.
Amenities: From state-of-the-art conference rooms to a plethora of dining and recreational options in its vicinity, the Edmonton Tower caters to every need of its occupants.
Historical Significance: While relatively new, the tower has quickly become an iconic part of Edmonton's skyline, symbolizing the city's growth and modernization.
Office Building Example - Calgary:
Analysis of "The Bow" Skyscraper:
The Bow:
Location: Dominating Calgary's skyline, The Bow is strategically located in the city's bustling downtown, making it a prime choice for businesses seeking prominence and connectivity.
Design & Architecture: Designed by the renowned architect Norman Foster, The Bow is a marvel of contemporary architecture. Its unique crescent shape adds to its aesthetic appeal and enhances its energy efficiency.
Amenities: The Bow offers a range of amenities, from state-of-the-art fitness centers to rooftop gardens, ensuring a holistic work environment.
The influence of the physical space on a business's trajectory is profound. Despite the rise of remote work and virtual collaborations in the digital age, having a dedicated office space remains significant. At FindBusinesses4Sale, we have witnessed how the right office environment can ignite a business's growth, shaping its culture, enhancing brand perception, and improving operational efficiency.
The Role of Office Spaces in Business Expansion:
An office isn't just a place where work gets done; ideas are born, collaborations are forged, and visions are realized. A strategically located and well-designed office can:
Enhance brand visibility and credibility.
Foster a collaborative and productive work environment.
Attract top talent by offering a conducive work atmosphere.
Serve as a hub for client meetings, enhancing business relationships.
Advantages for Businesses:
Cost Stability: Unlike renting, where costs fluctuate based on market dynamics, owning an office ensures stable overheads.
Customization: Businesses can tailor their office spaces to reflect their brand and cater to operational needs without restrictions.
Potential for Rental Income: Spare office space can be leased out, generating an additional income stream.
Asset Liquidity: In times of need, owned office spaces can be sold or mortgaged, providing financial flexibility.
For those considering purchasing office spaces in Alberta, explore options in St. Albert and Lethbridge, which offer promising opportunities.
How Owning an Office Space Can Aid Growth:
Scalability: Owning a spacious office allows businesses to expand their teams without the hassle of relocating.
Diversification: Additional space can be repurposed for launching a new department, setting up a research lab, or even a recreational area for employees.
Sub-leasing Opportunities: Businesses can lease part of their office to complementary businesses, fostering collaboration and offsetting costs.
Control Over Infrastructure: As businesses grow, they might need specialized infrastructure. Owning the space allows for such modifications without constraints.
The evolving nature of work emphasizes the enduring significance of dedicated office space as a cornerstone for business growth. At FindBusinesses4Sale, our commitment lies in assisting people to discover ideal office spaces that align with their visions and growth aspirations. Whether you are kickstarting a startup or leading an established enterprise, the right office space has the potential to be a game-changer, and we are here to provide guidance every step of the way.
Alberta's commercial real estate landscape, especially its office spaces, offers numerous opportunities for astute investors. As the province continues to grow and diversify, its office spaces serve as a testament to its economic resilience and untapped potential. With FindBusinesses4Sale leading the way in this dynamic market, we provide unrivaled guidance to clients throughout their investment journeys. Let’s carefully weigh the benefits against the key considerations.
Summarizing the Benefits and Considerations:
Diverse Options: From sprawling corporate parks to boutique office spaces, Alberta offers a range of options to cater to varied business needs.
Economic Growth: With sectors like technology, energy, and healthcare booming, the demand for office spaces is upward.
Tax Incentives: Alberta's business-friendly policies and tax incentives make it an attractive destination for investors.
Potential Pitfalls to be Aware of:
Market Volatility: Like any real estate market, Alberta's office space sector is subject to global and local economic fluctuations.
Overvaluation: Investors must be wary of overvalued properties that might not offer the expected returns.
Maintenance Costs: Owning an office space involves its share of maintenance responsibilities and costs.
Vacancy Rates: Depending on the location and the state of the economy, vacancy rates can impact the profitability of the investment.
Analyzing the Potential ROI for Investors:
Capital Appreciation: Over the years, Alberta's prime office spaces have seen consistent appreciation, offering substantial returns to investors.
Rental Yields: With businesses continually looking for strategic locations, the rental yields from office spaces, especially in prime areas, are promising.
Diversification: Investing in office spaces allows investors to diversify their portfolios, spreading risks and increasing potential returns.
Tax Benefits: Owning commercial real estate, like office buildings, comes with tax benefits, enhancing the overall ROI.
Alberta's office spaces exude brilliance within the expansive realm of commercial real estate investments. They offer a harmonious blend of risks and rewards, appealing to discerning investors seeking prosperity.
When making a significant investment, such as purchasing a business, industrial property, or land, having the right resources and platform at your disposal is crucial. Find Businesses4Sale offers a plethora of advantages for potential buyers:
Comprehensive Listings: With FindBusinesses4Sale, you no longer need to juggle between multiple websites. The platform boasts of having the most extensive collection of businesses and commercial properties for sale, ensuring you find the perfect match for your investment needs.
Free Registration: One of the platform's standout features is its free buyer registration service. Not only does this save you money, but it also provides you unrestricted access to many listings.
Instant Alerts: Stay ahead of the competition with real-time alerts. Once a match for your criteria is listed or a message is logged in the system, you'll receive a text message alert, ensuring you never miss out on a golden opportunity.
Confidentiality Assurance: The platform highly emphasizes seller confidentiality. This ensures that key staff and vendors remain unaware of the sale, preventing potential disruptions or unintended consequences. As a buyer, you can trust the platform's process and listings.
Can you live in a commercial property in Alberta?
You'll need to apply for rezoning at your local planning office. This entails converting the commercial space into a residential area. The approval process becomes easier if the property is located appropriately.
Find your local zoning office in Alberta in the Alberta Municipal Affairs Directory.
What types of office buildings are currently for sale in Alberta?
A variety of office buildings are currently available for sale in Alberta. These options cater to different needs, ranging from small professional spaces perfect for startups to spacious commercial buildings in the heart of the city. You can also find multi-storey structures, warehouses transformed into office spaces, and environmentally-friendly buildings equipped with sustainable technologies.
What is the average price for office buildings in Alberta?
The average price for office buildings in Alberta varies greatly based on size, location, and amenities. Currently, there is no definitive average price. However, historical data indicates that prices can range from several hundred thousand dollars to multi-million dollar properties. For the most accurate and up-to-date pricing information, it is recommended to consult a local real estate agent.
Are there specific factors to consider when buying office buildings in Alberta?
When considering the purchase of office buildings in Alberta, it is important to consider various specific factors. These include the building's location, size, and capacity, as well as the current state of the local real estate market. Additionally, potential buyers must stay informed about provincial regulations and related tax implications.
How can I contact a real estate agent specializing in office buildings for sale in Alberta?
To connect with a real estate agent specializing in office buildings for sale in Alberta, we invite you to explore our FindBusinesses4Sale services directory. Our comprehensive directory features seasoned professionals who can assist you with your needs.
Discovering the best deals on Office Buildings in Alberta requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Office Building at 230 52 Gateway Drive NE , Office Building at 5020 48 AV and Office Building at 10217 Queen Street .
The average price of Office Buildings in Alberta is influenced by various factors. On average, prices range from $977,872. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Office Buildings in Alberta on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Office Building at 230 52 Gateway Drive NE , Office Building at 5020 48 AV and Office Building at 10217 Queen Street . .
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