Latest News

‘Signs of recovery’ in Calgary CRE market: Barclay Street
Thursday, August 24, 2017

“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.

Downtown Office Towers Undergoing Interesting Metamorphosis
Tuesday, August 8, 2017

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.

Sears Canada leaving behind prime real estate in Calgary: analyst
Friday, June 23, 2017

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.

Montreal's SNR Group comes to Calgary with Marda Loop project
Wednesday, June 21, 2017

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

New found sense of optimism for Calgary's retail sector
Wednesday, June 21, 2017

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.

Prairie industrial: from “stable” to “struggling” markets
Thursday, June 1, 2017

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

Commercial investment in Edmonton doubles
Wednesday, May 10, 2017

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

Lots for Lease
Wednesday, May 10, 2017

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.

Stonegate on arrival
Friday, May 5, 2017

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.

Calgary awakens to a 10-million-square-foot office hangover
Monday, May 1, 2017

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.