Scott Mulligan (CDNGlobal): Expansion Strategies Revealed

Craig and Scott Mulligan, Managing Partner and Broker of Record at CDN Global, discuss an overview of CDN Global's recent expansion into the Toronto market through a successful merger with Ellington Partners Corporate Real Estate Advisors. The discussion unveils the unique position of CDN Global as a boutique brokerage, emphasizing its ownership structure and empathetic approach to client services. The conversation delves into the challenges of the industrial space, shedding light on the increasing demand driven by the surge in e-commerce. Scott analyzes the tight industrial market conditions, with a mere 1 percent vacancy rate, and speculates on potential corrections in rental rates. The dialogue explores CDN Global's plans to actively grow its existing industrial business while expressing a keen interest in acquiring a team to lead the CDN Global retail group, recognizing the interconnectedness of retail and industrial sectors. Scott also shares insights into recent notable deals, highlighting CDN Global's involvement in the sale of a building and land in Sheridan Park, emphasizing their active role in the life sciences sector. The conversation concludes with Scott expressing excitement about the merger and CDN Global's national representation, reinforcing their commitment to providing premium service to clients across Canada. Interviewed this episode:Scott Mulligan, Broker of Record and Managing Partner, CDNGLOBAL Toronto, BrokerageCDNGLOBAL Toronto Subscribe, Rate, and Review our Retail Insider Podcast!Follow Craig:LinkedIn: www.linkedin.com/in/CraigPattersonTorontoInstagram: @craig_patterson_torontoTwitter: @RI_EICFollow Retail Insider:LinkedIn: www.linkedin.com/company/Retail-InsiderFacebook: https://www.facebook.com/RetailInsider/Twitter: @RetailInsider_Instagram: @Retail_Insider_CanadaListen & Subscribe:Apple PodcastsSpotifyOvercastStitcherShare your thoughts!Drop us a line at [email protected]. You can also rate us in Apple Podcasts or recommend us in Overcast to help more people discover the show!Background Music Credit: Hard Boiled Kevin MacLeod (incompetech.com). Licensed under Creative Commons: By Attribution 3.0 License. http://creativecommons.org/licenses/by/3.0/