News Articles

‘Signs of recovery’ in Calgary CRE market: Barclay Street

“Signs of recovery illuminate Calgary’s commercial real estate investment market. An increase of 24 per cent in total dollar volume pushed Calgary’s real estate acquisitions to more than $1 billion during the first six months of 2017, compared to just over $827 million at the same point in 2016,” says David Wallach, president and broker of Barclay Street Real Estate.

Name: dwallach@barclaystreet.com
Downtown Office Towers Undergoing Interesting Metamorphosis

Less office space was needed and the past two years has seen the vacancy rate soar. At its peak, the downtown vacancy rate was a minuscule 0.3 per cent in the second half of 2006. Today, it is 24.7 per cent, according to Barclay Street Real Estate.

Name: khong@barclaystreet.com
Sears Canada leaving behind prime real estate in Calgary: analyst

The commercial district has seen a slight upswing in activity with 26,000 square feet of vacant retail space taken off the market, cutting the area’s vacancy rate from 11.5 per cent to 10.8 per cent, Barclay Street said in its mid-year report.

Name: amcgregor@barclaystreet.com
Sears Canada leaving behind prime real estate in Calgary: analyst

The commercial district has seen a slight upswing in activity with 26,000 square feet of vacant retail space taken off the market, cutting the area’s vacancy rate from 11.5 per cent to 10.8 per cent, Barclay Street said in its mid-year report.

Name: ascott@barclaystreet.com
New found sense of optimism for Calgary's retail sector

There's a new found sense of optimism for Calgary's retail sector, says a new report by Barclay Street Real Estate. In its mid-year report, the commercial real estate firm says the overall vacancy rate for the sector was three per cent in the second quarter of this year, which was down 0.4 per cent from the first quarter. This comes after four consecutive quarters of being in the mid-three per cent range and marks a return to first quarter 2016 levels.

Name: ascott@barclaystreet.com
Montreal's SNR Group comes to Calgary with Marda Loop project

SNR Group has moved into Western Canada with its first project in Calgary after more than 70 years of developing properties in Quebec and the eastern United States

Name: amcgregor@barclaystreet.com
Vacant skyscrapers are an ‘albatross’ that Canada’s oil capital can’t shake off too soon

“In the listings that I have, and the tenants that I have looking, there are a ton of guys looking for space under 5,000 square feet,” said Dan Harmsen, vice-president of Barclay Street Real Estate. “That has historically been the beginning of new growth.”

Name: dharmsen@barclaystreet.com
Prairie industrial: from “stable” to “struggling” markets

Big-city Alberta landlords continue to suffer from low oil prices while Regina and Winnipeg see vacancy rates falling and land prices holding firm

Name: ascott@barclaystreet.com
Prairie industrial: from “stable” to “struggling” markets

Big-city Alberta landlords continue to suffer from low oil prices while Regina and Winnipeg see vacancy rates falling and land prices holding firm

Name: cstuart@barclaystreet.com
Prairie industrial: from “stable” to “struggling” markets

Big-city Alberta landlords continue to suffer from low oil prices while Regina and Winnipeg see vacancy rates falling and land prices holding firm

Name: jmook@barclaystreet.com

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