Calgary Suburban Office Market Report Q4 2019

research article

Calgary’s Suburban office market was relatively quiet this past quarter, and overall absorption was limited and resulted in the lowest quarter over quarter change experienced since Q1 2017.

  • Q4 2019 marks the fifth consecutive of positive growth for Calgary's Suburban and Beltline Markets.
  • Activity in the technology sector remained steady as with multiple major renewals and expansions in the Suburban Market.
  • The Beltline continues to most directly face the effects of reverse migration to the Downtown Core.

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Calgary Suburban Office Market Report Q4 2019

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Matt Rachiele

Managing Director | Calgary Brokerage

Calgary

Matt joined Colliers in April 2019 upon leaving TD Securities, the capital markets division of the Toronto Dominion Bank Group.  He was an investment banker for twelve years in total, during which time he provided financial and strategic advisory services to a broad range of corporate and institutional clients, including two years as a Mergers & Acquisitions specialist in Toronto and the past eight years with TD’s Global Energy Group based in Calgary.

 

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