Calgary’s Suburban office market was relatively quiet this past quarter, and overall absorption was limited and resulted in the lowest quarter over quarter change experienced since Q1 2017.
- Q4 2019 marks the fifth consecutive of positive growth for Calgary's Suburban and Beltline Markets.
- Activity in the technology sector remained steady as with multiple major renewals and expansions in the Suburban Market.
- The Beltline continues to most directly face the effects of reverse migration to the Downtown Core.
