Red Deer Commercial Real Estate 0 Listings

Red Deer: A Premier Destination for Commercial Real Estate

Introduction

Red Deer, located in the heart of Alberta, Canada, is a thriving hub for commercial real estate (CRE). As the third largest city in the province, Red Deer boasts a diverse economy with prominent industry clusters in petrochemicals, agriculture, and manufacturing. Its strategic position between Calgary and Edmonton makes it an ideal location for businesses seeking access to major markets, driving demand across various CRE sectors.

Economic and Industry Overview

Red Deer's economy is bolstered by its major industries, including:

Petrochemicals: With proximity to Alberta's oil sands, Red Deer supports a robust petrochemical industry, increasing demand for industrial properties.
Agriculture: As a key agricultural center, Red Deer drives needs for logistics and warehousing facilities.
Manufacturing: A strong manufacturing presence leads to requirements for both industrial and office spaces.

Local economic development initiatives, such as those led by the Central Alberta Economic Partnership, aim to further enhance the region's economic landscape and CRE appeal.

Strategic Location and Transportation Infrastructure

Red Deer benefits from an extensive transportation network:

Highways: Situated along the Queen Elizabeth II Highway, Red Deer provides direct access to Calgary and Edmonton.
Airport: Red Deer Regional Airport facilitates swift cargo and passenger transport.
Rail: The Canadian Pacific Railway enhances Red Deer's connectivity, supporting logistics operations.

These transportation assets position Red Deer as a prime distribution hub, with easy access to labor pools and major Canadian markets.

Commercial Real Estate Inventory & Zoning

Red Deer's CRE landscape features several key submarkets:

Central Business District (CBD): Home to office and mixed-use developments.
Industrial Corridors: Located in the north and south, these areas cater to manufacturing and logistics.
Innovation Districts: Emerging tech and research hubs.

Recent zoning changes and development incentives are detailed on the City of Red Deer Zoning Map.

Major Employers and Institutions

Red Deer's robust economy is supported by major employers and institutions:

Red Deer College: A significant driver of educational and research-based CRE demand.
Dow Chemical: A leading employer in the petrochemical sector.
Alberta Health Services: Contributing to demand for medical office spaces.

For a comprehensive list of top employers, visit the Red Deer Economic Development site.

Notable Commercial Developments & Projects

Significant development projects in Red Deer include:

Capstone at Riverlands: A mixed-use redevelopment of a former industrial site.
Northland Industrial Park: A new industrial area offering ample space for businesses.

Explore more about these projects on the Red Deer Planning Department page.

Building Permits, Planning, and Development Tools

For developers and investors, Red Deer provides a suite of tools:

Market Data & Economic Reports

Access Red Deer's economic data through public sources like the Canada Census and the city's Open Data Portal. Brevitas leverages AI-powered aggregation to offer detailed insights into Red Deer's CRE market. Explore our Brevitas-powered dashboards for real-time data.

Why Use Brevitas for Red Deer CRE?

Brevitas offers unparalleled tools for CRE professionals in Red Deer:

AI-driven CRE discovery: Streamline property searches with intelligent recommendations.
Real-time market alerts: Stay informed with instant updates.
Smart property pages: Enhance listings with dynamic content.
Dealroom collaboration: Secure, efficient deal management.

Additional features include: