“Signs of recovery illuminate Calgary’s commercial real estate investment market.
Calgary AB, Canada
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Sales of Edmonton commercial real estate soared by more than $500 million in 2016 compared to a year earlier as investors poured $1.81 billion into the Alberta capital.
The recent Business in Calgary Leaders dinner saluted those in our community who strive to make Calgary the best city on earth in which to live.
David Wallach, president of Barclay Street Real Estate, has accepted two appointments that will require even more of the energy he devotes to his work and volunteerism.
With an innovative leadership style and a strong entrepreneurial spirit, David has expanded Barclay Street Real Estate from a small local establishment with a handful of brokers to one of the most prominent and respected commercial real estate brokerage in Alberta.
David’s career started over 30 years ago in Israel where he owned a successful insurance brokerage company and was President and GM of his favorite professional basketball team. However, David saw bigger opportunities in his future when he, his wife and three children immigrated to Canada in 1999.
In 2000, David began his career in Canadian commercial real estate and was later invited to join a group of senior negotiators who bought an established real estate firm in 2001. In 2003, David assumed the leadership role of President with a rigorous business growth plan in mind and in 2004 the brokerage was rebranded under the name Barclay Street Real Estate.
In a few short years, David has made strides in growing Barclay Street locally and internationally. In 2007, David added Property Management to Barclay Street’s portfolio of services and the division has grown dramatically in the last few years with properties throughout Alberta.
To expand Barclay’s national and global reach, David formed a partnership in 2011 with TCN Worldwide, a real estate services organization that serves more than 200 markets globally. As a member of TCN Worldwide, Barclay Street has the ability to service their customers on a local and international level through a network of over 1200 commercial real estate firms. Since 2012, David brings his commercial real estate knowledge to the international stage as a board member on the TCN Worldwide Board and as the Regional Vice President of the Canadian Region.
On April 2013 David received his CCIM - Certified Commercial Investment Member designation.
David holds a strong belief that a company and individual are only as strong as the community and clients they serve. With that in mind, Barclay Street takes part in many community initiatives including sponsoring local music festivals such as Sled Island, local sports teams and various other community projects. Often the entire company gets involved through corporate events such as Camp Quality for children in cancer treatment and Barclay Street Big Bike for Heart and Stroke Foundation.
With the leadership philosophy of “leading by example”, David has created a culture of mutual respect and care for his employees that transcends beyond the office wall so every client receives top quality service and should not expect less when dealing with a Barclay Street employee. With family-centric ideals, David ensures Barclay Street employees and clients feel like they are dealing with family, not just coworkers or a commercial real estate broker.