Calgary Industrial Insight – Q2 2023
July 11, 2023
“Calgary market remains active despite global economic headwinds”
While some asset classes performed better than others, Calgary’s industrial market remains calm, consistent and confident. Vacancy narrowly edged lower at 1.6% as big box leasing continues to be the key driver of activity. The impact from limited inventory, increased rental rates and sales prices also influenced the market in Q2.
