Edmonton, AB: (780) 470-8056
Calgary, AB: (403) 714-6030
Valuation & Advisory Services
Industrial Appraisal Calgary
Industrial Property Appraisal in Calgary
Calgary is one of western Canada's main distribution hubs, and its industrial market ranges from small bay flex units to large distribution centres in the city's industrial districts and in Rocky View County near Balzac. Bourgeois Brooke Chin Associates provides independent industrial appraisals across Calgary and the surrounding region from our office at #850, 639 5 Avenue SW, led by Terry Brooke, AACI, P.App, MRICS, who has been a commercial fee appraiser since 1979.
Industrial properties we appraise
- Warehouse and distribution buildings, including cross-dock facilities.
- Multi-tenant and flex industrial buildings.
- Industrial condominium units, through our IC&I Condo Services team.
- Manufacturing and fabrication plants, including buildings with cranes and heavy power.
- Truck terminals, service shops and outside storage yards.
- Serviced and unserviced industrial land, from compacted gravel yards to development parcels.
What drives industrial value
Not all industrial buildings are equal. Clear height, the number and type of dock and grade loading doors, truck court depth and turning radius, site coverage, yard space, office finish, crane systems, sprinklers and power supply all affect how useful a building is to tenants and buyers, and therefore what it is worth. Location matters too: access to Deerfoot Trail, Stoney Trail and the Trans-Canada Highway, and differences in taxes and servicing between the City of Calgary and Rocky View County, are reflected in rents and sale prices.
We compare your property with recorded industrial sales and leases of similar size, age and building characteristics from our transaction database, adjusting for the features that buyers and tenants actually pay for.
Why clients order an industrial appraisal
Owners, lenders and lawyers order industrial appraisals for:
- Financing and refinancing.
- Purchase, sale and sale-leaseback decisions.
- Litigation, expert reports and dispute resolution.
- Estates and date-of-death valuations.
- Assessment complaints.
- Expropriation, including partial takings for road and utility projects.
- Matrimonial property division.
Machinery and equipment
Many industrial owners also need their equipment valued. Through CBF Machinery & Equipment Valuation, we can value production equipment, construction equipment and fleets alongside the real estate.
Turnaround and fees
Most industrial appraisals take one to four weeks, depending on your needs and the complexity of the property. Fees are quoted for each assignment once we understand the property and how the report will be used.
Contact our Calgary office: Bourgeois Brooke Chin Associates, #850, 639 5 Avenue SW, Calgary, AB T2P 0M9.
Phone (403) 714-6030. Send us the details of your property using the form below.