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Q1 2022 – Calgary Industrial Insight Report

April 18, 2022
Q1 2022 – Calgary Industrial Insight Report

“Vacancy drops further and land sales dominate Q1”

Developers are hastily moving to break ground on new product as well as acquiring land to increase much-needed inventory. There is 3.2M sq ft of space being marketed over 100,000 sq ft, of which 1.0M is conditional through 9 transactions. Vacancy faces further downward pressure through 2022.

 

Calgary Industrial Insight - Q1 2022
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