Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 06, 2008, Winnipeg, Manitoba C m y k Page b8 b 8 Winnipeg free press monday october 6, 2008 business Winnipeg repress. Com                                                                                                                                                                                                      "                                                         " "             #               $      # $  %   &                       by Ine opportunities  Dollar store  optical dispensary  grocery store  Burger restaurant  family restaurant & lounge with Al tvs  Lawn care Snow removal business  clothing store  Rural hotel with restaurant & bar  Gas bar convenience store restaurant and More for More info please Call Harry Logan at 667 sold 7653 email Harry Harry Logan. Com or visit wow. Winnipeg businesses for Sale. Com re Max executives realty for Sale window & Glass installation residential Home renovations Well established & profitable Cash flow greater than $ 100k Revenue increase of 10% per year Little local direct Competition Call Steven Beal 478 7266 x109 commercial properties & investments wow. Colliers. My. Ca  23,000 so. It. Of improved office space  generous tenant improvement allowance  great parking & amenities  head lease expires february 28, 2017  $ 12.50/ so. It. Net Contact Colliers Pratt Mcgarry Chris Cleverley Patrick Burke Independent broker 204.943.1600 Colliers Pratt Mcgarry Chris Cleverley & Colliers Pratt Mcgarry Are affiliated brokers. For sub lease 201 Portage venue wow. Colliers. My. Ca 949 Corydon Avenue for lease wow. Colliers. My. Ca 1038 St. James Street for lease wow. Colliers. My. Ca 1010 Mcphillips Street for Sale wow. Colliers. My. Ca  located at the Southwest Corner of Graham Avenue and Kennedy Street  join Starbucks  1,471 3,047 so. It. Available  lease rate $ 26.00/ so. It. Net 412 Graham Avenue for lease wow. Colliers. My. Ca Contact Colliers Pratt Mcgarry John Prall Independent broker Kris Mutcher 204.943.1600 1144 Pembina Highway for lease Contact Colliers Pratt Mcgarry John Prall Independent broker Kris Mutcher 204.943.1600  located on the Corner of Mcphillips Street and Mountain Avenue  3,308 so. It. Building  list Price $ 600,000.00 Contact Colliers Pratt Mcgarry John Prall Independent broker Kris Mutcher 204.943.1600 Contact Colliers Pratt Mcgarry John Prall Independent broker Kris Mutcher 204.943.1600 Contact Colliers Pratt Mcgarry John Prall Independent broker Kris Mutcher 204.943.1600  located South of Point Road  join Starbucks & shoppers drug Mart  1,169 1,332 so. It. Available  lease rate $ 24.00/ so. It. Net  located on the Corner of Corydon Avenue and Stafford Street  fall 2008 construction  3,000 so. It. Available  lease rate $ 32.00/ so. It. Net  located across from the Brick  May be subdivided  6,700 so. It. Available  lease rate $ 18.00/ so. It. Net wow. Colliers. My. Ca  3,858 so. It. Available  warehouse ceiling height 20 it.  Grade level loading  50% nicely finished office space Contact Colliers Pratt Mcgarry Brian Boles 204.926.3844 for lease wow. Colliers. My. Ca  new construction  14,648 to 51,746 so. It.  24 it. Clear ceiling height  Dock and Grade level loading  occupancy january 2009 Colliers Pratt Mcgarry Jim Kulik Independent broker 204.926.3835 forsake Carman Manitoba Well known Carman eatery family run for 48 years. Great location on Hwy # 3. Huge lot with paved parking and Green space. Well maintained buildings and equipment. Owner wishing to retire. Asking $ 525,000 for assets and $ 400,000 buys the company. May help with financing. Mls 2817314. Phone Chris 204 745 7493 Carman real estate 1000 Waverley Street North of Mcgillivray Boulevard 59,700 Square feet occupancy of 43,100 Square feet available january 2010 office space for Sale or lease Elliot Katz 204 452 2605 Pekatz Cpl. Com wow. Cpl. Com for Sale commercial building Kenora Ontario located on High traffic Street. Featuring 18,000 so. It. On 3 Levels. Complete renovation of building in 2001. 16,000 so. It. Leased area at $ 113,000 net annual at present. Call 4 real developments inc. 807.543.2493 pm e a m in a a in k c p o re m k p a a y n @ y b @ e b Len e e la t n. C it a. Ca Charlotte n. C. Wachovia corp. Said sunday it does not believe an order by a state supreme court judge in new York has any effect on the Validity of a merger Between the Charlotte Bank and Wells Fargo & co. The $ 15 billion Wachovia Wells Deal announced last Friday upset a transaction brokered last monday that would have sold most of Wachovia to new York based Citigroup inc., with help from the Federal Deposit insurance corp. Citi fought Back saturday by getting new York state supreme court judge Charles Ramos to Grant an emergency injunction that extends an exclusivity agreement that Citi says prevents Wachovia from negotiating or entering into a merger agreement with any party other than Citi. Wachovia however said it continues to believe its agreement with Wells Fargo which involves no government assistance is proper and valid adding the agreement is in the Best interests of shareholders employees creditors and retirees As Well As the american taxpayers s and it imposes no risk to the Odic fund. An Francisco heres a Safe bet for Uncertain times a lot of Banks wont survive the next year of upheaval despite the u. S. Governments $ 700 billion plan to restore order to the financial Industry. The biggest question is How Many will perish and How they will be put out of their misery in outright closures by regulators scrambling to preserve the dwindling Deposit insurance fund or in fire sales made under government pressure. Enfeebled by huge losses on risky Home Loans the banking Industry is now on the Sha Kiest ground since the Early 1990s, when More than 800 federally insured institutions failed in a three year period. That was during the cleanup phase of a decade Long savings and loan meltdown that wound up costing u. S. Taxpayers $ 170 billion to $ 205 billion after adjusting for inflation. The governments commitment to spend up to $ 700 billion buying bad debts from ailing Banks is Likely to save some institutions that would have otherwise died but analysts doubt it will be enough to Avert a major shakeout. Stanford financial analyst Jaret Seiberg says it will help but its not going to be the saving Grace. He says thatus because a lot of Banks Are holding construction Loans and other types of deteriorating assets that the government wont take off their books. Seiberg expects More than 100 Banks nationwide to fail next year. The darkening Clouds already have some depositors pondering a question that always seems to crop up in financial panics despite Deposit insurance could it possibly make More sense to stash Cash in a mattress than in a Bank account it sounds like a joke said business owner Maurico Quintero As he recently paused outside a Wachovia Bank Branch in Miami. But it sounds safer than the turmoil out there right now. Not As Many Banks Are Likely to fail As in the a l crisis largely because there Are about 8,000 fewer today than there were in 1988. But that does not necessarily mean the problems wont be As costly or As unnerving Banks Are much larger than they were 20 years ago thanks to Laws passed in the 1990s. I dont see Why things will be that much different this time said Joseph Mason an economist who worked for the u. S. Treasury department in the 1990s and is now a finance professor at Louisiana state University. We just had a big party where people and businesses Over borrowed. We had a Bubble and now we want to get Back to Normal. Is it going to be painless no. With More super sized Banks in business fewer failures could still dump a big Bill on the Federal Deposit insurance corp., the government Agency that insures Bank and a l deposits. The of Dicks potential liability is rising under a provision of the bailout that increases the Deposit insurance limit to $ 250,000 per account up from $ 100,000. Using statistics from the a l crisis As a guide Mason estimates total deposits in Banks that fail during the current crisis at $ 1.1 trillion. The associated press Wachovia wants Wells Fargo Deal How Many u. S. Banks will fail maybe it is safer to stash Cash in your mattress by Michael Liedtke Rick Havner / the associated press Wachovia corp. S Bank operations were to be acquired by Citigroup until Wells Fargo made a bid. On saturday a judge ordered an injunction halting the Citigroup Deal until matters Are sorted out. Stockholm Sweden Germany became the latest european country to allay fears about the financial meltdown guaranteeing private Bank accounts As governments scrambled on their own to save failing Banks. Chancellor Angela Merkel said that no citizen should fear for the safety of their investments speaking to reporters As her government held crisis talks on the collapse of a ballyhooed us 48 billion bailout of hypo real estate a the country is second biggest property Lender. In Iceland particularly hard hit by the credit crunch government officials and banking chiefs were discussing a Rescue plan for the country is commercial Banks. Belgian prime minister Yves Legerme said head find a new owner for troubled Bank Fortis no to restore Confidence in the company before markets opened today. British Treasury chief Alistair Darling said he was ready to take pretty big Steps that we take in Ordinary times to help weather the credit crunch. Europeans take action amid crisis Berlin the German finance ministry says government officials and Banks have agreed to a new 50 billion euro us 69 billion Deal to bail out hypo real estate a. A ministry statement says the Deal will add up to 15 billion euros $ 21 billion in credit to an earlier plan Worth 35 billion euros $ 48 billion. Under the original plan the German government would have injected 27 billion euros $ 37 billion into the country is no. 2 commercial property Lender and Banks would have provided the rest. That Deal fell apart saturday. The statement says the plan will assure by pos solvency and strengthen the financial Community of Germany in difficult times. From the news services plan bails out huge German Lender b _ 08_ oct 06 08. Ind b8 1 0/ 5/ 08 8 46 07 pm ;