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Calgary Industrial Insight – Q3 2022

October 7, 2022
Calgary Industrial Insight – Q3 2022

“As vacancy continues to fall, new construction has become the primary source of user growth”

With 4.7M sq.ft. of absorption this past quarter the industrial market in Calgary continues to tighten, driving focus on newly constructed product.

Forecast is that we will not reach a more balanced market until 2024.

Calgary Industrial Insight - Q3 2022
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