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Calgary Suburban Office Market Report Q3 2021

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research article

Overall leasing activity in the Suburban office market this quarter was relatively low over the summer, with momentum gaining towards the end of September. Overall, there was a moderate contraction in office occupancy of ~65,000 square feet, two-thirds derived from the Beltline.

  • With the current moderate levels of activity throughout the Suburban office market, overall occupancy is expected to remain relatively flat for the near future. Numerous small to medium-sized occupiers have let their leases expire as they remain remote until they can confidently project their future office needs when they return with a complete in person workforce.
  • In Calgary’s burgeoning tech sector, top-tier physical spaces are seen as a differentiation tool to attract the highest talent possible. Accessible locations, nearby or on-site amenities, and attractive office space are being used as tools to stand out from the rest

Calgary Suburban Office Market Report Q3 2021

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Pour plus d’informations, veuillez contacter:

Aly Lalani

Executive Vice President I Partner

Calgary

Aly has specialized in Calgary's downtown leasing market with Colliers for the past 16 years. Aly has developed strong relationships with both tenants and landlords and has been involved in lease transactions totalling in excess of 4,000,000 square feet.

Aly has experience dealing with numerous types of leasing situations including lease transactions from both the tenant and landlord perspectives, subleasing and assignment, surrender, renewal and premises expansions and contractions. Aly's experience and solid educational background gives him strength in communication, negotiation and financial analysis which allows his clients to evaluate all scenarios and make informed decisions.

On numerous occasions, Aly has been given the Award of Excellence by Colliers International as a North American top performer.

Aly's work on behalf of companies such as Telus, Statoil Canada Ltd., Black Diamond Group Limited, Altalink LP, Dale Carnegie, Ernst & Young, HSBC, Canon Canada, Blackstone Real Estate, Slate Properties, KingSett Capital, CREIT, Bantrel Engineering, Matrix Solutions, UBS Canada and Viterra has earned him respect as one of Calgary's leading real estate leasing professionals.

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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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