Calgary Downtown Office Market Report Q3 2020

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Market activity in Calgary's Downtown Core continued to rise in Q3, with encouraging momentum heading into Q4. Overall, downtown Calgary experienced 180,943 SF of negative absorption across all asset classes - an inevitable repercussion of the current uncertainty.

  • M&A activity continues to be a significant driver of sublease space in the Downtown Core.
  • Migration has shifted transaction momentum back towards Calgary's central business District.
  • Growing Tech sector sees companies continuing to look downtown to upgrade to top tier office space made available as energy companies contract their space in the process of streamlining.

Calgary Downtown Office Market Report Q3 2020

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Pour plus d’informations, veuillez contacter:

Matt Rachiele

Managing Director | Calgary Brokerage

Calgary

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