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Calgary Downtown Office Market Report Q3 2019

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research article

Calgary’s downtown office market continues to see AA and A class buildings garner the most activity as the ongoing “flight to quality” trend endures. While some of these tenants are migrating from B and C Class downtown office buildings, we continue to see tenants from the suburban office market consider and ultimately lease higher quality space downtown.

  • Dramatic uptick in headlease vacancy over the last several years.
  • Activity remained surprisingly strong and steady throughout Q3 2019.
  • Tenants looking for contiguous spaces at economical prices may reconsider B and C space.

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Calgary Downtown Office Market Report Q3 2019

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