Calgary Office Space

• New project brings ‘desperately needed’ indoor farming to Calgary Tower

  Agriplay Ventures hopes to bring its system that grows fruits and veggies indoors to other downtown buildings in Calgary.

  Environment

  Jun 28, 2022
  
• 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
  
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• Decision Calgary: Will future of city’s downtown become an election issue?

  According to Avison Young, there is currently 14 million square feet of vacant office space and five buildings sitting empty in the downtown core.

  Politics

  Sep 24, 2021
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• Calgary’s downtown office vacancy rates hit record levels amid oilpatch woes

  Vacancies in Calgary's downtown office towers have risen to record levels and there's no landlord relief in sight with almost one in three offices sitting empty.

  Economy

  Jan 26, 2021
• Has Calgary’s downtown office vacancy rate finally hit bottom? Experts say maybe

  Calgary's record high downtown office vacancy rates may be nearing an end, according to commercial real estate services and investment firm CBRE Limited.

  Economy

  Feb 28, 2018
• Calgary’s downtown office vacancy rate drops to 27 per cent: CBRE

  Calgary's downtown office vacancy rate dropped to 27.4 per cent in the three months to the end of September, the first dip since the same quarter back in 2014 before the downturn hit.

  Canada

  Oct 16, 2017
• Calgary downtown office glut could continue to rise as space goes for free

  A record-high office space vacancy in downtown Calgary could rise even higher, as some landlords discount the monthly rent bill to attract tenants.

  Economy

  Sep 21, 2017
• Repsol looking to sublet downtown Calgary office space

  Spanish oil and gas giant Repsol is looking to sublet some of its downtown Calgary office space, adding to a market already swollen by energy industry cutbacks and layoffs.

  Economy

  Apr 5, 2017
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• New report from realtors warns Calgary office vacancy rate could hit 30%

  In a new report, it predicts the vacancy rate for downtown Calgary's Class-A buildings — the best quality offices in the tallest buildings — will hit 27.5 per cent by the end of next year, the highest since the company began tracking numbers in 1985.

  Money

  Nov 8, 2016
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• Nearly one third of Calgary’s office space could be empty by 2018: real estate firm

  The one upside is lower rents for tenants still needing space, with some discounts ranging between 30 and 80 per cent depending on the type of lease.

  Consumer

  Oct 13, 2016