News Articles

Pot may lift retail

Calgary’s long-suffering retail sector may get a lift this year from the cannabis industry, according to Barclay Street Real Estate. The city’s downtown retail vacancy rate is down to 10 per cent, but it could fall to single-digits if the push for marijuana retail outlets materializes into bricks and mortar, the real estate agency said.

Name: ascott@barclaystreet.com
Calgary industrial real estate market on upswing

The second quarter of 2018 marked the end of five consecutive quarters of declining vacancy in Calgary’s industrial real estate market, says a new report by Barclay Street Real Estate. There was a slight uptick of 0.01 per cent to 5.67 per cent overall, says the report

Name: jmook@barclaystreet.com
Cannabis store applications high in Calgary’s core

A Barclay Street Real Estate report says vacancy rates are declining downtown and in the Beltline as potential retailers prepare to open marijuana stores. The retail real estate market warmed up in Calgary’s Central Business District (CBD) in the second quarter of the year. And the legalization of cannabis is expected to heat things up even further in the near future. A mid-year retail report by Barclay Street Real Estate says CBD vacancy decreased to 10 per cent in the second quarter from 11 per cent in the first quarter.

Name: ascott@barclaystreet.com
Calgary retail real estate vacancy dips

Calgary’s retail real estate market continues to grapple with a flood of vacant Sears space throughout the city, says a new report by Barclay Street Real Estate.

Name: ascott@barclaystreet.com
Edmonton starting to fire all fossil-fuelled cylinders

From housing to industrial and mega petroleum investments, capital city is leading Alberta’s recovery

Name: ascott@barclaystreet.com
Alberta rebound: Economy accelerates in approach to “cruising speed”

Commercial real estate look towards a couple of other “R” words: rebound and recovery

Name: cstuart@barclaystreet.com
Sold-out mall widens horizon for Calgary’s retail

New Horizon Mall sold space for approximately $1,000 per square foot, showing a fresh level of confidence and potential in Calgary

Name: ascott@barclaystreet.com
Investor confidence stable for Calgary commercial real estate market

There were eight office transactions equal to or greater than $1 million, totalling more than $73 million during the first three months of 2018

Name: ascott@barclaystreet.com
Strong leasing activity in city industrial real estate market

Five consecutive quarters of vacancy decline with a year-over-year drop of 2.33%: Barclay Street Real Estate

Name: ascott@barclaystreet.com
Restaurant closures cloud Calgary’s downtown, Beltline retail scene

“Restaurant closures continue to be a significant source of CBD [Central Business District] retail vacancy,” noted Anthony Scott, director of research at Barclay Street Real Estate.

Name: ascott@barclaystreet.com

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