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Calgary industrial insight – Q3 2021

“Record setting occupier demand as absorption approaches 6M s.f. in 2021” Continued positive absorption has occurred in Calgary’s industrial market this last quarter, largely due to Lowes taking occupancy of their 1.2m s.f. new distribution center in Balzac, Alberta. Pre-leasing in under-construction inventory is unusually strong, as is investor interest. Not surprisingly, as availability decreases and demand continues, net rental rates are experiencing upward pressure.

Strong sales and leasing activity helps JLL keep Calgary growing

Thank you, David Parker, for your recent article in the Calgary Herald. “Their recent transactions include several that are good economic indicators of the strengths of this city as a place to do business.” The size of Calgary’s industrial footprint has doubled since 2000, with strong indicators pointing to accelerating momentum. We are dedicated to maximizing this opportunity for our city, and look forward to helping …

Calgary industrial insight – Q2 2021

Q2 observations see a resurgence of investment interest, driving down capitalization rates and increasing property values for industrial spaces as Calgary sees strong absorption. Vacancy in the industrial market has decreased further and this trend is expected to continue for the remainder of 2021. See Calgary’s Q2 Insight Report → To view all of Canada’s industrial research, visit →

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Whether helping our clients lease or purchase industrial spaces, or managing the sale of investment and development properties, we’re committed to finding the hidden gems that other brokerages often overlook.

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