News Articles

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
Commercial investment in Edmonton doubles

A recent report from Barclay Street Real Estate shows a drastic increase in commercial sales dollar volume from Q1 2016 to Q2 2017

Name: ascott@barclaystreet.com
Lots for Lease

According to Barclay Street Real Estate’s first quarter market update, the retail vacancy rate in the city’s central business district was 11.5 per cent, up from 10.2 per cent in the fourth quarter of 2016, in a total inventory of 3.8 million square feet.

Name: ascott@barclaystreet.com
Stonegate on arrival

According to a report by Barclay Street Real Estate, the retail vacancy rate was unchanged in the first quarter of this year at 3.4 per cent. That consisted of about 1.39 million square feet available for lease in a total inventory of 40.5 million square feet. The amount of space available for lease was up 32,000 square feet from the previous quarter. The report says Calgary continues to draw significant interest from major retailers and an expected 1.64 million square feet of new space is expected to be completed this year.

Name: ascott@barclaystreet.com
Calgary awakens to a 10-million-square-foot office hangover

Anthony Scott, director of research at Barclay Street Real Estate, noted there are glimmers of recovery but at “the smallest end of available options.” This refers to startup companies leasing downtown offices of 2,000 square feet or less.

Name: ascott@barclaystreet.com

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