Office Vacancy

• New report claims downtown Calgary office vacancy rate is only 20%

  In its analysis of office space in downtown Calgary, Barclay Street Real Estate separated the secondary leasing market from the vacancy rate.

  Economy

  Jan 26
  
• Why Canada’s downtown office vacancy rate hit a record high to end 2023

  A managing director at CBRE says remote work is just one of four main contributors to the climbing downtown office vacancy rate across Canada.

  Canada

  Jan 10
  
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• Edmonton’s downtown undergoing transformation with ‘flight to quality,’ revitalization investments

  Canadian Western Bank is the latest company to move from Jasper Avenue to the Ice District in what analysts call a "flight to quality."

  Consumer

  Feb 28, 2022
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• Office vacancy rate in Calgary declines for 1st time since start of COVID pandemic

  Avison Young says the city's downtown office vacancy rate ticked down in the fourth quarter of 2021, to 29.7 per cent from 29.9 per cent. 

  Economy

  Jan 31, 2022
• Edmontonians slowly returning to the office, new report shows

  A new report from Avison Young shows Edmontonians appear ready to return to the office after nearly two years of the COVID-19 pandemic.

  Economy

  Nov 10, 2021
• Office vacancies continue to soar as many Canadians still working from home

  Office vacancy rates are the highest they've ever been since 1994 as people continue to work from home because of COVID-19.

  Economy

  Sep 23, 2021
• Calgary ‘experiment’ looks to transform vacant office tower into affordable housing

  With more than five million Canadians still working from home, offices across the country have become dark and lonely places. 

  Consumer

  Jun 26, 2021
• How Alberta’s commercial real estate landscape is changing amid COVID-19 pandemic

  With more people working from home, offices downsizing and many businesses folding, realtors are expecting already sky-high vacancy rates will continue to rise. But some are finding opportunity in those empty spaces.

  Economy

  Aug 20, 2020
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• Calgary judge orders dozens of Strategic Group buildings into receivership

  Strategic Group said 56 of its properties in Alberta are affected. Despite the receivership decision, the real estate developer maintains the end goal remains the same.

  Canada

  Jan 3, 2020
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• Office vacancy rates on the rise in downtown Saskatoon

  The number of empty office spaces in downtown Saskatoon rose in 2016 as vacancy rates continue to climb.

  Consumer

  Jan 13, 2017