Calgary 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, 2024
  
• City of Calgary seeking $200M to kickstart Greater Downtown Plan

  The 10-year plan sets out strategies to attract more people to live, seek entertainment and work in the downtown, while simultaneously lowering the vacancy rate in the core.

  Canada

  Apr 23, 2021
  
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• 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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• Plunging Calgary office values linked to high oil and gas unemployment

  A commercial realtor said companies will have to start replacing the thousands of energy industry workers laid off in the 2014 oil price crash before the city's downtown vacancy rate will recover.

  Economy

  Jan 4, 2019
• 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
• Economic development investment fund would let Calgary pick winners and losers: taxpayer group

  The Canadian Taxpayers Federation waves a warning flag that a proposed economic development investment fund in Calgary could become a political slush fund.

  Politics

  Jun 19, 2017
• Small business struggles to stay open amid downtown Calgary vacancy rate

  Calgary restaurant Sonoma on 9th relocated to the city to boost business, but the downtown vacancy rate is hurting its bottom line. Where is a small business owner to turn when both money and time are running out? Bindu Suri explains.

  Economy

  Nov 23, 2016
• Dream Office REIT slashes value of Alberta assets due to economic downturn

  Dream Office REIT (TSX:D.UN) said in its second-quarter results that it has written down the value of its Alberta holdings by $748.4 million this year, or 43 per cent, to about $1 billion.

  Economy

  Aug 11, 2016