Latest News

Asking vs. achieved
Friday, September 9, 2016

Suburban office vacancies encouraging landlords to be flexible.
"We're in the doldrums right now," said Ian Robertson, associate specializing in the suburban office market for Barclay Street Real Estate. "There's too much space chasing too few tenants. So it's a bit of a malaise".

Construction work slows in Calgary as recession delays office tower projects
Thursday, August 25, 2016

Barlcay Street Real Estate recently forecast that new developments could push downtown office vacancy rates up to 24 per cent in 2018, and office vacancy rates in the adjacent Beltline neighbourhood could climb to 19.6 per cent over the same period. The vacancy issue has driven down prices for tenants — “There’s never been a better time to look at space than right now,” Barclay Street associate Bill Falagaris said — but has forced developers to reconsider projects that are planned, and completion dates for office buildings that are already under construction.

New normal
Friday, August 19, 2016

Calgary's industrial sector showing signs of strain. Report by Barclay Street Real Estate noted market dynamics in Calgary industrial scene are currently in favour of the tenant or purchaser, with sublease options being marketed at aggressive rates.

Click-and-collect boosts Calgary retail
Friday, August 12, 2016

“Click and collect” retailers are boosting demand in Calgary’s surprising tight retail sector, which will see nearly 500,000 square feet of new space added this year.

Rise of the office condo
Monday, July 25, 2016

Calgary's emerging office condo market remains hot this year, according to Barclay Street Real Estate.

Landlords scramble to fill near-empty skyscrapers dotting Calgary skyline
Friday, July 15, 2016

Near-empty skyscrapers and rising vacancy rates are pressuring landlords to offer big incentives – such as a year of free rent or money for renovations – to keep a shrinking number of tenants in their downtown Calgary towers.

Business as usual
Friday, July 8, 2016

New retail development in the Calgary region continues at a steady pace despite the depressed economy and sliding consumer spending, according to local officials.

Calgary retail vacancy one of lowest in North America
Thursday, June 23, 2016

The retail vacancy in the core business districts of Calgary can largely be attributed to increased office vacancy rates as well as a general slowdown in our oil-based economy here,” said Nathaniel Sterzik, leasing and sales associate for Barclay Street Real Estate, which just released its mid-year retail market analysis for the city.

Downtown Calgary retail businesses rapidly closing as layoffs, oil prices take their toll
Monday, June 20, 2016

Storefronts in downtown Calgary are closing at a significantly faster rate than similar retail spaces in the suburbs in yet another sign of oil price collapse’s wide-ranging effects.

Bold bulls brave Calgary’s wounded real estate market
Monday, May 9, 2016

Total commercial real estate investments in the city plunged $1.1 billion from 2014 to 2015, ac-cording to research by Barclay Street Real Estate, which tallied total dollar volume last year at $1.5 billion.