What most commercial landlords don’t want you to know.
With a simple orientation in the basic principles of commercial real estate, you’ll be able to just look at a building and understand how much it is likely worth and
Read More »
Enhancing the fabric of the entrepreneurial ecosystem.
Since early 2016, our sister company, Sparrow Capital has been investing in experiments to better understand the potential and needs of Edmonton’s entrepreneurial community.
On the surface, Sparrow’s job is to build great urban spaces. But we’re not interested in buildings. A commercial or community amenity becomes a great urban space only when it is activated by some kind of meaningful activity.
For us, meaningful activity means activation that is somewhere on a spectrum between ‘enhances the cultural fabric of neighbourhoods’ and ‘contributes to the economic resilience and future relevance of the region’.
So we are always on the lookout for great people doing good work. And when those people have a need for commercial space, we can generally find a viable way to build out spaces around their work. And of course the more we can facilitate such spaces, the more the shape of the city can be informed by great people.
Sparrow Cowork locations evolve with our members. Sometimes when members grow strong enough, they may even take over an entire cowork space. In fact, this has already happened at our first downtown location. No problem. We’ll build and adapt new spaces with our members as they grow.
In addition to offering commercial spaces, Sparrow is developing a suite of business admin and management services to help our members become stronger and build mature businesses. As we grow, the Sparrow Cowork network is becoming a collaborative community of peers who know how to have fun while operating businesses with rigour and integrity.
Edmonton's City-wide Cowork Commmunity.
The Sparrow Cowork platform is designed to evolve with the needs of Edmonton’s entrepreneurial community. Our current spaces are focused mainly on flex desks and offices. As the platform evolves, we will be positioned to build out other amenities such as retail spaces, workshops, art studios, commercial kitchens, labs, etc. as specific needs are identified by our members and allies in the community.
Each Sparrow Cowork location offers a range of flexible membership options, including short-term and long-term memberships, flex-desks and private offices, meeting rooms and amenities, and a flexible floorplan that allows members to scale their footprint according to the needs of their business.
The cowork platform is also a home for the cultivation of community and collaboration. As the community evolves, we expect to find further opportunities to share resources and build collaborative solutions to shared needs.
Great locations in buildings with modern amenities and old charm.
Beautiful professional locations in strategic neighbourhoods. We currently have space available at Westmount 107, Gibbard Block and Brighton Block will be coming soon. Within the Sparrow Capital portfolio we also have commercial retail space and residential buildings. And we’re interested in building out more spaces and amenities. if you don’t see exactly what you’re looking for, let us know. We may just build it for you.
Weaving Edmonton’s entrepreneurial ecosystem.
We are not just building developers. We build companies too. From technology and educational companies, to retail businesses and social enterprises, we’ve been there and back again and deeply understand all the risks and rewards of venture. It’s hard work but worthwhile and is made easier through connecting with allies who share our values and ambition. Our platform is designed to strengthen the fabric of Edmonton’s entrepreneurial ecosystem. And we’re just getting started.
Flexible space for new & established companies.
Sometimes connecting with opportunity is a matter of being at the right place at the right time. In addition to providing flexible spaces for small businesses and new ventures, Sparrow offers a broad range of options for established companies looking for satellite offices, flexible workspace, and meeting rooms in strategic locations.
The ABCs of Commercial Real Estate
Information asymmetry. The fact that many operators have limited experience with commercial real estate is generally an advantage for landlords in negotiations. At Sparrow, we always aim to start with a level playing field. It may be unintuitive for the industry, but we find that relationships built on trust and fair value make for stronger tenants and communities, and ultimately better performance in our projects.
Ultimately commercial real estate is not that complicated. That is, unless you make it complicated. In twenty minutes, we can teach you everything you need to know about the key principles of investing in commercial real estate. Yes, literally in twenty minutes.
The Fundamentals of Commercial Real Estate (in 20 minutes)
At the end of the day, the mortgage needs to be paid. As a tenant in the building, your activities influence the incomes generated from the property and ultimately determine
Read More »
Expanding the Circle
If you’re interested enough to have read this far, this is the part where we open up the hood and share with you why we are building cowork spaces in
Read More »
Schedule a Tour and Stay for the Day!
Why not take a tour of the space and then test it out right away? Schedule a tour, bring your laptop and experience what it is like to create and work with like minded people. Coffee and tea is on us!
