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Calgary Downtown Office Market Report Q4 2019

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research article

It was an active quarter for Calgary’s Downtown Office Market on the back of the Canadian Federal Election, with a generally negative reaction by Calgary’s energy community to the outcome.

  • Major changes class A space as Nexen and Husky space is added to inventory.
  • Vacancy Rates expected to remain consistent near term despite indications that 2020 may be a more promising year for the energy sector.
  • Growing technology sector continues to contribute to reverse migration from outside the central business district into Calgary's Downtown Core.

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Calgary Downtown Office Market Report Q4 2019

Download Report