CREW members chart successful new path with Scout Real Estate

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David Parker  •  Calgary Herald This year's winner of the Commercial Real Estate Women Entrepreneurial Spirit Impact Award, Lori Suba, centre, founded Scout Real Estate in 2020 with associates Laurae Spindler, right, and Eve Renaud. This year’s winner of the Commercial Real Estate Women Entrepreneurial Spirit Impact Award, Lori Suba, centre, founded Scout Real Estate in 2020 with associates Laurae Spindler, right, and Eve Renaud. Photo by Scout Real Estate /Postmedia Network Article content

Commercial Real Estate Women (CREW) is an international networking organization that aims to elevate women in leadership roles in the industry.

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A Calgary chapter was founded in 2005, and five years later Lori Suba became a member. The founder and president of Scout Real Estate was recently named the winner of this year’s CREW Entrepreneurial Spirit Impact Award, which was open to candidates across the organization’s more than 11,000 members in Canada, the U.S. and the U.K.

Suba is the first Canadian to be recognized with the award, offered to an individual willing to step outside the box to create something new or different.

During her membership of the 140-strong Calgary chapter, Suba has served on the board and was its president in 2019.

Armed with a BA degree from the University of Calgary and an executive MBA with a specialty in real estate leadership from the University of Fredericton, Suba began her career with a boutique firm and then joined the downtown office leasing team at CBRE.

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With 18 years of commercial leasing experience, in 2020 — despite COVID — she launched Scout along with two associates, both keen members of CREW.

Laurae Spindler serves as its mentorship committee chair. Since the start of her real estate career in 2007, she has negotiated more than 450 lease and sale transactions. Her experience includes time as a leasing specialist with Shaw Communications and management positions specializing in industrial real estate with Dream and ONE Properties.

The third member of the team is retail specialist Eve Renaud, also a past president of CREW. While continuing to act as vice-president of Rencor Developments, Renaud brings to Scout 20 years of experience in the retail industry working for major landlords such as Cadillac Fairview, Ivanhoe Cambridge and 20 Vic Management, where she served as director of leasing for the CORE Shopping Centre.

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The primary commercial real estate sectors of office, industrial and retail are well covered by the experience of the Scout team, and Suba says by sharing and collaborating on all business negotiations they can be of great value to clients with specialized requirements, as well as those with a mix of needs, being able to make quick, local decisions.

Scout has enjoyed a successful first year in business and continues to pick up new clients in all sectors.

Their diverse backgrounds and reputation earned in the local real estate community has helped the trio work closely with other brokers.

A good example is Renaud’s relationship with Talha Niazi of Barclay Street Real Estate, who has the responsibility of leasing the ground floor retail space in the Real Estate Council of Alberta mixed-use building on the northwest corner of 11 th Avenue and 14 th Street S.W.

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Niazi has leased two of the three retail spots — to Compound Pharmacy and Papa Murphy’s Pizza. The third and largest space at 4,600 square feet has been leased to a brewer client of Renaud. Niazi and Renaud worked together to persuade the Calgary company of the benefits of locating in the new building, which will soon be surrounded by three under-construction residential towers as well as a couple more craft breweries that prefer to be located in a cluster.

Among Scout’s other retail listings are one in the upscale Britannia Plaza, the former White Spot stand-alone 6,000-square-foot building on 23 rd Street N.E., and out-of-town leases in Edgefield Place in Strathmore, Mountain Ridge Plaza in Cochrane and Deer Park Plaza in Red Deer.

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The team’s offerings also include properties in The Park at Willowglen, Mark on 10 th , Touchstone Corporate Centre and Chinook Village.

Scout’s success says a lot about the benefits of being a CREW member.

Notes:

Surprised to learn that Cassandra McAuley is leaving Tourism Calgary after seven and a half years promoting this city. A key member of the executive team as vice-president of communications and stakeholder engagement, on Monday she will join the team at MMGY NextFactor, an industry-leading consulting firm specializing in worldwide travel and tourism, as its vice-president of destination planning.

David Parker appears regularly in the Herald. Read his columns online at calgaryherald.com/business. He can be reached at 403-830-4622 or by email at info@davidparker.ca .

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