The Construction Source

JUNE 2021 Moving forward, PBM Realty would like to grow, but they are clear-eyed about the limitations. Right now, for example, there are no industrial buildings for rent or sale in Barrie and not a lot of room to build more. There is a sizeable area in Innisfil that has been zoned for industry, but it’s not currently serviced with water, gas or electricity. “But that’s what we need,” Peter explains. “We need an industrial park and we need services. I think if the city were to provide that, it would sell out real fast.” Until those services are provided, he explains, PBM Realty will keep a watchful eye on the market, and if the right opportunity presents itself, they will seize it. They will not be rushed into seizing the wrong opportunity, however. They are current “If the right property comes along, and the price is right, we’ll look at buying it,” he says. “But we’re not looking to grow just for the sake of growing. We’re currently debt-free, and that’s a great feeling. The important thing is we take care of the clients we have now.” Looking forward