Shell Canada Portfolio
Salomons Commercial has been an agent for Shell Canada for their central Alberta property dispositions since 2012. The portfolio we are responsible for has included former Shell and Turbo retail gas stations in Red Deer, Sylvan Lake, Olds, Benalto, and Lloydminster.
Salomons Commercial was responsible for providing advice on current market values, marketing the properties, negotiating favourable terms, act as a liaison for Shell management, and regular reporting to Shell's environmental, real estate, and legal divisions.
The result has been taking these former brown sites and breathing new life into them through local developers. The picture shown is the new Mr. Lube in downtown Red Deer; the Sylvan Lake site is currently under development for a new CRU strip mall; and Lloydminster will be home to a new Battery World retail site.