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.
