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Susan Thompson | Colliers | Vancouver - Rogers Tower

Susan Thompson

Associate Director, Research

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About

Professional Summary

Susan is a long-standing analyst and commentator on the commercial real estate market.  Her continuing work with local, national, and international media as a commentator for the commercial real estate sector has given her recognition within the industry as one of the preeminent sources of information and knowledge for leasing and transaction analysis and market trends.

Susan was previously with Avison Young working as their Research and Insight Manager over the course of nine years  (a boomerang employee: with them for four years, away for five years, then back for five years). She was responsible for dozens of reports on the Calgary commercial real estate market, covering office, retail and industrial leasing as well as business condominium properties and commercial property sales. More recently she focused on data-driven storytelling through reports, media work, and client engagement utilizing techology and analytics to help make better-informed decisions. 

In between periods with Avison Young, she spent over five years with Calgary Economic Development; first as their Business Development Manager specializing in Real Estate, helping companies bringing their business to Calgary navigate the local commercial real estate market, then as their overall Research Manager providing economic analysis and commentary on the Calgary market.

In prior years, after starting her career in assessment, Susan spent over seven years with RealNet Canada, the leading provider of third-party commercial real estate sales information. Working her way up from Research Analyst to Manager for the Calgary office, Susan analyzed thousands of commercial real estate transactions and is extremely knowledgeable about the commercial real estate market in Calgary. 

Susan has a Bachelor of Commerce degree, with a major in Management Science from the University of Alberta. Well recognized in the industry, Susan’s name is often seen in the media as she provides commentary and insight on current commercial real estate topics. Susan's breadth of knowledge across the commercial real estate market and in data analytics is an asset across the industry.

Accomplishments

Collaborated with the Globe and Mail to create the initial pieces in a series called The Void in Calgary
https://www.theglobeandmail.com/canada/alberta/article-the-void-in-calgary-how-office-towers-emptied-in-a-once-bustling/
https://www.theglobeandmail.com/canada/alberta/article-how-calgary-copes-with-a-record-amount-of-office-space-sitting-empty/


Interviewed in dozens of media pieces, including two front page articles in the Calgary Herald
https://calgaryherald.com/opinion/columnists/varcoe-the-dam-is-broken-says-downtown-building-owner-as-vacancy-rate-dips
https://calgaryherald.com/news/local-news/latest-avison-young-report-shows-optimism-despite-record-high-vacancy-rates-in-calgary

Panel participant and post secondary industry volunteer work
https://www.mtroyal.ca/AboutMountRoyal/MediaRoom/News/2021/11/bounce-back-yyc.htm
https://alberta.uli.org/events/detail/6F0BB52E-E8B0-4776-B93D-B4B0998D6C47/

Featured Research

Jan 24, 2024

Vancouver Retail Report Fall/Winter 2023

As the GVA navigates its way through a somewhat tumultuous economy, retailers have shown a resilient front as evidenced by an overall decrease in retail vacancy rates. Demand for retail space remains strong with marginal changes in vacancies and will likely remain strong in the coming year.With the growing financial pressure of reduced spending power, buyers are adopting value-seeking behaviors.Anticipated change in the retail landscape’s tenancy mix in the coming months pending the effects of CEBA loans coming due.
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Jan 10, 2024

National Market Snapshot Q4 2023.

As 2023 concludes, office vacancies are generally still on the rise for many markets, although not to the same rate throughout 2021 and 2022.
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Sep 28, 2023

National Market Snapshot Q3 2023

After many quarters of defying expectations of a recession, Canada’s job market has weakened noticeably over the quarter. While unemployment at 5.5% remains well below the long-term average, job losses have been concentrated in areas tied to commercial real estate, with construction being the number one source of job losses followed by major office tenants within the government and technology sectors.
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Featured News

Jan 10, 2024

Office Market at Centre Stage as Colliers Experts Reveal their Hot Topics for 2024

"Interest rates, interest rates and interest rates," says Jaraad Marani, vice president, development advisory, with Colliers in Vancouver.
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Dec 14, 2023

Colliers experts share their top surprises from the Canadian market for 2023

More than 330 cruise ships arrived at port in downtown Vancouver between April and the end of October, this year. Those ships brought a record 1.3 million cruise ship passengers into the city where they spent millions of dollars in local shops, restaurants, galleries and other businesses.
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