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.
Calgary retail real estate vacancy dips
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Edmonton starting to fire all fossil-fuelled cylinders
From housing to industrial and mega petroleum investments, capital city is leading Alberta’s recovery
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Alberta rebound: Economy accelerates in approach to “cruising speed”
Commercial real estate look towards a couple of other “R” words: rebound and recovery
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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
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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
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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
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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.
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Downtown Calgary office vacancies still rising
First-quarter analysis shows a slight bump from late last year. But Barclay Street Real Estate sees cautious optimism in the market
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Calgary leased industrial being converting to sold space
"Without question, industrial will have the most growth in terms of employment and new business opportunities," said Casey Stuart, Calgary-based vice-president of industrial at Barclay Street Real Estate Ltd.
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Calgary retail vacancy rate spikes
Delivery of more than 1.7 million square feet of new retail inventory is anticipated this year: Barclay Street Real Estate
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