Calgary Industrial Market Report Q2 2020

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The Calgary industrial market showed signs of resiliency throughout the second quarter of 2020 as the true impact of the COVID-19 virus was felt locally and throughout the global economy.

  • With indications of optimism and recovery slowly becoming more evident in various segments of the market, the Calgary industrial market was not nearly as negatively impacted as originally anticipated.
  • Leasing and sales momentum held firm especially in the Balzac district, as Amazon, Lowe’s Canada, and CHEP Canada all announced successful lease transactions throughout the quarter.
  • New requirements have also emerged as a result of COVID-19, as there has been an increase in users looking to get into PPE manufacturing, domestic e-commerce, and food/pharmaceutical distribution as many of these essential services have seen a surge in activity.

Calgary Industrial Market Report Q2 2020

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Pour plus d’informations, veuillez contacter:

Matt Rachiele

Managing Director | Calgary Brokerage

Calgary

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