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Award-Winning Industrial and Office building in the Foothills District Sold

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Significant industrial footprint in a robust Calgary industrial market

Icon Business Park, a 762,065 SF facility that sits on an expansive 46.3 acres of land, is an award-winning asset situated within the Foothills district, one of the most desirable employment centres in Calgary. With convenient access to major highways and transit that provides direct local and regional access, Icon Business Park provided an investor the opportunity to gain a significant industrial footprint into a robust Calgary industrial market. The Property offered a diverse roster of multi-national tenants with strong tenant covenants. The Property had undergone a significant multi-million dollar repositioning program which had transformed the asset into a highly functional, multi-tenant facility.

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For More Information, Please Contact:

Matt Binfet

Executive Vice President

Calgary - Southeast Industrial Office

Matt Binfet is an Executive Vice President and Partner with Colliers International, and a member of the Industrial Services Team. Matt has been serving the Calgary industrial marketplace for more than 25 years and has consistently been one of the top commercial real estate brokers in Canada. Matt has been inducted into the Colliers Everest Club, which recognizes the performers in the 10th (top) percentile in Brokerage, Valuation, and Corporate Solutions across the Americas, who demonstrate a dedication to service excellence and building long-standing and valued client relationships. He has primarily focused his efforts on tenant representation and year after year is involved in many of the largest transactions in the City of Calgary. Matt has an established list of clientele who refer to him regularly for advice and transactional services.

Matt’s broad experience and professional approach enables him to work successfully with diverse industries and individuals, solving specific problems, and meeting his clients’ objectives.

Specializing in tenant representation has given Matt a unique skill-set and an ability to creatively maximize value in each transaction. He will spend extensive time getting to know each tenant’s business and real estate requirement, in order to become an extension of their organization and to be able to effectively negotiate on their behalf. Matt’s experience provides value to clients far beyond basic real estate fundamentals and gives tenants a competitive advantage in negotiations with landlords.

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Paul Marsden

Executive Vice President | Partner | Industrial Sales & Leasing

Calgary - Southeast Industrial Office

Paul Marsden is an Executive Vice President & Partner of the Colliers Calgary operations.  In his day-to-day efforts he focuses on the Calgary industrial real estate market, specializing in tenant and user representation.  Throughout his career Paul has established a strong reputation for evaluating the current market conditions and in-turn strategizing to best serve his client’s requirements.  In conjunction with his team, they have completed 18.1m sf of transaction and nearly 1,000 acres of land sales over the past 5 years, representing approximately $1.45b in transaction value. 

Beyond brokerage Paul has an active role on the Board of Director for the Colliers Calgary operations, and he takes pride in seeing both the development of the people within Colliers, and the overall growth of the company.  

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Neil Ferris

Senior Vice President | Partner | Industrial Sales & Leasing

Calgary - Southeast Industrial Office

Neil has consistently proven his ability to strategically focus and find solutions for unique properties.  His understanding and ability to provide guidance in underwriting has delivered proven results.  Neil’s primary focus is in representing landlord, developers and investors.  Neil has over 20 years experience in brokerage and has been instrumental in finding opportunities for developers and investors. 

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Josh Magnussen

Senior Vice President | Partner

Calgary - Southeast Industrial Office

Josh Magnussen is a Senior Vice President and Partner at Colliers Calgary in their industrial division. With over 10 years of experience in the real estate industry, Josh has developed an exceptional skill set to ensure client needs are met, whether on a sale or lease basis. His steadfast commitment to his craft is demonstrated in his tenacious work ethic, creative thinking, and unparalleled market knowledge.

Josh has facilitated an impressive 3.4 million square feet of transactions and $276 million in transaction value over the past 5 years. His dedication and passion for ensuring clients have the best possible experience is readily apparent in every interaction, regardless of the transaction’s size or nature.

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Matt Lannon

Vice President | Partner


Matt has 15 years of commercial real estate experience focusing exclusively on leasing and owner/occupier sales in the Calgary Beltline and Suburban office markets. He has vast experience dealing with numerous types of leasing situations for both local and international corporations. This includes lease transactions from both the tenant and landlord perspective, subleasing and assignment, lease surrender, renewal, expansion and contraction. His experience and solid educational background give him strength in communication, negotiation and financial analysis that is used to provide information and advice that his clients rely on to make informed and educated decisions.


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