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Calgary Industrial Market Report Q3 2022

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research article

The industrial real estate market in the Greater Calgary Area (GCA) kept up its leasing momentum throughout Q3 2022, with vacancy decreasing to 2.21% and rental rates increasing once again.

  • With the continued shrinking of existing available inventory, pre-leasing has become more prevalent, with new developments seeing deal activity well before construction is completed in some cases.
  • The GCA industrial investment market has seen a resurgence of institutional and private interest through the back half of the year, buoyed by a steady supply of capital looking to be deployed in Calgary.

Calgary Industrial Market Report Q3 2022

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Pour plus d’informations, veuillez contacter:

Paul Marsden

Executive Vice President | Partner | Industrial Sales & Leasing

Calgary - Southeast Industrial Office

Paul focuses his day-to-day efforts primarily on working with tenants and purchasers in the mid-to-large user category throughout Western Canada. Paul has established a list of clients who benefit from his strategic negotiating skills, which combine leveraging his knowledge of current market dynamics with creative 'out-of-the-box' thinking. Paul's work ethic has made him one of the leading industrial agents in the Calgary market and he was made a partner of Colliers in 2012. He continues to expand his client base, and looks forward to building on existing relationships.


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Adam Jacobs

Senior National Director, Research | Canada

Toronto Downtown

Colliers Canada's head of research, leading a cross-country team of 20 mapping, analytics and research professionals. Formerly head of Canada research at Cushman Wakefield and Director of Analytics at Oxford Properties. Featured in mainstream publications such as the Toronto Star, industry publications and podcasts. Specializing in the big picture and the fundamentals driving real estate - demographics, the macro environment and the global economy. 

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