Leadership Conversation
How Red Deer Regional Airport’s Expansion Is Driving Economic Growth — A Conversation with Domenic Mandato & Nancy Paish
Published March 2025
The Red Deer Regional Airport is on a mission to become a key economic driver for Central Alberta — bringing new business opportunities, attracting investment, and strengthening the industries that rely on efficient transportation and logistics.
InvestPlus REIT CEO Domenic Mandato sat down with Red Deer Regional Airport CEO Nancy Paish to discuss the airport’s expansion, the improvements already in place, and how these developments will benefit businesses — including those leasing space in InvestPlus REIT’s industrial properties.
A game changer for business
Nancy Paish highlights the massive expansion that has already taken place at Red Deer Regional Airport, making it a major competitor in Alberta’s transportation and logistics sector. The improvements include:
- New runway & infrastructure upgrades — expanding capacity for commercial flights and increased cargo operations.
- Enhanced logistics capabilities — making it easier for businesses to access efficient shipping and distribution channels.
- Increased commercial & industrial traffic — attracting larger enterprises and industries seeking proximity to a growing transportation hub.
Why this expansion matters for industrial tenants
According to Domenic Mandato, these improvements have direct benefits for businesses operating in Red Deer:
- Stronger tenant demand — with Red Deer now positioned as a stronger logistics hub, businesses want to be closer to transportation corridors.
- Increased property values — properties near high-traffic transportation zones historically appreciate faster due to increased demand.
- Enhanced business efficiency — faster shipping, lower transportation costs, and improved connectivity benefit manufacturers, distributors, and service-based companies.
Red Deer’s growing economic power
The Red Deer Regional Airport expansion aligns perfectly with InvestPlus REIT’s strategy of investing in high-growth industrial markets. With business-friendly policies, a strategic location between Edmonton and Calgary, and enhanced airport capabilities, Red Deer is emerging as an economic powerhouse in Central Alberta.
The bottom line for investors & businesses
- Businesses near Red Deer Airport will gain a competitive edge with access to expanded trade routes and transportation logistics.
- Investors in industrial real estate stand to benefit from increasing property demand and long-term asset appreciation.
- Companies leasing space in InvestPlus REIT properties will be in a prime position to leverage this economic boom.
Want to invest in industrial real estate near growing hubs?
Book a discovery call with InvestPlus REIT to learn how our Western Canadian portfolio is positioned for the next decade of regional growth.
BOOK A DISCOVERY CALLAbout InvestPlus REIT (as of March 2025): Calgary-based private real estate investment fund specializing in industrial real estate. Owns and manages a portfolio of high-demand commercial properties across Western Canada, providing investors access to professionally managed, institutional-grade industrial assets that deliver long-term value and consistent returns.
Important note: This article reflects market commentary from a conversation recorded in March 2025. Airport expansion details and regional economic conditions evolve — verify the latest with the Red Deer Regional Airport and current InvestPlus REIT materials. This article is informational only and does not constitute an offer to sell or a solicitation of an offer to buy securities. Investing involves risk. Speak with qualified advisors before making investment decisions.