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Calgary Industrial Market Report

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research article

Over the past 12 months, the Greater Calgary Area (GCA) Industrial market has seen an unprecedented surge in activity, driving vacancy below 3% for the first time since 2008, which is driving market rents upwards, a trend Colliers expects will continue.

- Vacancy decreased significantly again this quarter, settling at 2.40% for Q2 compared to 3.50% in Q1 2022.

- With the lack of available existing inventory, and the current state of most under-construction buildings, Calgary’s industrial absorption levels will be diminished for the balance of the year, however strong demand for speculative developments and new built-to-suit facilities is expected to remain high.

- Calgary and the surrounding markets continue to see good depth and breadth of investor interest in available opportunities (income producing and development) from a broad range of investor types, located both locally and abroad.


Calgary Industrial Market Report

Télécharger le rapport