<p>“Signs of recovery illuminate Calgary’s commercial real estate investment market.
“We genuinely care about our clients and want them to be happy with their real estate decisions. We do not question going the extra mile for our clients as our relationships go deeper than “just a deal”. I believe that is a key contributor in the growth we have experienced in the last few years and has helped Barclay Street build a strong reputation in the industry and community. Our roots go deep into the Alberta market and we are here to service the Calgary and Edmonton markets with a level of local expertise that is second to none.”
CCIM, Owner/Broker
Specializations:
Investment Sales
Suite 200, 407 - 8th Ave. SW
Calgary AB, Canada
Calgary AB, Canada
- p: (403) 290-0178
- c: (403) 608-9353
- e: dwallach@barclaystreet.com
David’s career started over 35 years ago in Israel where he owned a successful insurance brokerage 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 joined Torode Real Estate and began his career in Canadian commercial real estate. He was later invited to join a group of senior negotiators who bought Torode real estate brokerage in 2001. In 2003, David assumed the leadership role of President, 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, managing today about 5 million Sq. Ft.
To expand Barclay Street’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. Between 2012 and 2019, David served as a board member with TCN Worldwide, bringing his commercial real estate knowledge to the international stage. After a short break, he re-joined TCN Worldwide as a board member in September 2022.
In April 2013, David received his CCIM - Certified Commercial Investment Member designation.
In June 2014, David launched a new venture, Triumph Real Estate Investment Fund. A private REIT focused on acquiring revenue producing properties in defined markets both in Canada and the U.S.A. David is founder and director and is responsible for all real estate matters of the Fund as well as involved in raising funds for Triumph. In mid 2019, David launched Triumph Real Estate Investment Fund II.
From early 2016 to the end of 2020, David co-chaired the Calgary Economic Development Real Estate Advisory Committee. From March 2017 to March 2019 David hosted a weekly business talk show on voiceamerica.com. Currently, David co-hosts a weekly business talk show with Tara McCool on 770 CHQR Radio. David was featured in "Desire, Discipline & Determination" - a business book published by Lessons from Network.
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.
Barclay Street Real Estate Ltd., specifically David Wallach, facilitated our acquisition of 40 Sunpark Plaza SE, a 66,500 square foot medical office condominium property in Calgary. In addition to engaging the previous owners, he provided advice on deal structure and was helpful in assisting to compile the information we required to complete our due diligence. David's attentiveness, consistent reporting and professional approach was invaluable and
we look forward to working with him again.
Mike Brady
Senior Vice President
Barclay Street Real Estate Ltd., specifically David Wallach and Doug Grinde, facilitated our acquisition of Tawa Centre, a 95,000 square foot medical office complex in South Edmonton. In addition to engaging the previous owners, they provided advice on deal structure and were helpful in assisting to compile the information we required to complete our due diligence. Their attentiveness, consistent reporting and professional approach were invaluable and we look forward to working with them again.
Mike Brady
Senior Vice President
Northwest Healthcare Properties
Barclay Street Real Estate Ltd., specifically David Wallach and Doug Grinde, facilitated our acquisition of Queen Street Place, a recently constructed 70,000 square foot medical office building in Spruce Grove (greater Edmonton).
In addition to engaging the previous owners, they provided advice on deal structure and were helpful in assisting to compile the information we required to complete our due diligence. Their attentiveness, consistent reporting and professional approach were invaluable and we look forward to working with them again.
Mike Brady
Senior Vice President
Northwest Healthcare Properties
When entering the Calgary market, our firm was lucky enough to be introduced to David Wallach and his team
at Barclay Street. Barclay Street has been an incredible resource since day 1, and has been instrumental in enabling us to quickly bridge the knowledge gap and gain a substantive understanding of the Calgary market.
Monty S. Steckler
President
The SNR Group
I am pleased to write a letter of reference regarding the first-class brokerage service provided by Barclay Street with respect to the purchase of Red Deer Place. In sum, Barclay Street ensured that the disparity in size between the Vendor and the Purchaser was never an issue. Barclay Street acted as an ideal broker between a private, boutique firm. and a large institutional corporation. We very much look forward to our next transaction brokered by Barclay Street.
Ryan Fleishman
Vice President
The Marlborough Group of Companies
"The Synsorb Building is a complicated property and it is unlikely a deal could have been completed on satisfactory terms without your persistence. We look forward to working with you on future transactions."
Ronald P. Mathison
Hawker Resources Inc.
David developed a strong relationship with Labatt and The Oland Specialty Beer Company in determining priority needs. As part of our relocation project, the size and complexity of our integrated business needs were extremely demanding as we required a location built to suit. He was very respectful, diligent and professional in offering strong
real estate direction. His ability to provide exceptional customer service produced high quality results. He was dedicated to delivering professional wisdom and skillful negotiation keeping our best interests in mind
Blaine Kulak
District Sales Manager
Labatt Breweries - Alberta
I would like to thank you for your valuable assistance in the successful sale of Meridian Park. Your professional and knowledgeable contribution to the sale process allowed us to achieve our goals in disposing of this asset. Meridian Park was a complicated property and it is unlikely a deal could have been completed without your expertise and persistence. We look forward to working with you on future transactions.
Andrew Edmundson
Vice President, Asset Manager
Morguard
Edmonton investments leap by $500M in a “pleasant surprise”
Tuesday, February 28, 2017
<p>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.</
Positive signs for Calgary commercial real estate market
Monday, February 6, 2017
During the second half of 2016, rays of light began breaking through the two-year gloom and had a positive impact on the Calgary commercial real estate market, according to a new rep
Business in Calgary Leaders are tops
Saturday, August 1, 2015
<p>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.
Upcoming gala to aid Israel water charity
Sunday, April 1, 2012
<p>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.</