Launching a business comes with many hurdles, and finding the right location from which to operate is as necessary as planning financials, marketing and sales strategies. Finding a property that meets location requirements, budget and purpose can be daunting for entrepreneurs, and a little guidance can go a long way.
The Real Estate Refreshed team, led by Josh Lumsden and Carley Stenson, who have 18 years of experience in buying and selling real estate, helps entrepreneurs navigate these decisions and choose the space that will fit all of their business needs. Serving Durham Region, Northumberland County, Peterborough and the Kawartha Lakes, they’re among the top 50 teams from Re/Max Hallmark.

Both Stenson and Lumsden firmly believe that Durham Region and eastern Ontario are the ideal regions for entrepreneurs to set up shop. With Durham Region known as a leader in energy innovation, they say investors and entrepreneurs can take advantage of the diverse business sectors and booming commercial activity.
For startups and entrepreneurs looking for office or commercial space for developing their products or services, Stenson says that getting financing in place is vital. “Also, once you have secured a property, book your tradespeople as soon as possible, as the wait time can be anywhere from three months to one year if you require renovations to suit your business needs. And leave room for future expansion financially and location-wise!”

For international entrepreneurs wanting to move their operations, Lumsden recommends that they partner with a knowledgeable and well-connected real estate team to assist with their commercial or residential purchasing or leasing needs. “Lean on your support systems. Ontario offers various grants specific to the tech world,” he adds.
This is where Real Estate Refreshed shines. Its team helps entrepreneurs with the buying process from start to finish. The team takes a deep dive into determining their client’s needs, including the type of property, its purpose, size, zoning, the budget and where their client’s target market is. Simultaneously, they connect the client with one of their preferred lenders who can advise them on the proper lending requirements and/or a mortgage pre-approval. This is an essential part of the process that should be started immediately as sometimes it can be more challenging to secure commercial loans, so Real Estate Refreshed helps its clients stay ahead of the game.
“If growth is a priority for you, Durham Region is one of the fastest-growing regions in the country and can take your business to the next level,” Lumsden says. “Our Real Estate Refreshed team is here to help you find your business’s way home.”

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