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Category Archives: Industrial Insights
Calgary Industrial Insight – Q2 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 nar [more]
Calgary Industrial Insight – Q1 2023
“While vacancy increased slightly, user demand remains strong” Overall activity in the marketplace remains high despite the slight uptick in vacancy. Tight conditions and higher prices are expected th [more]
Calgary Industrial Insight – Q4 2022
“Vacancy holds at 1.5% as demand remains strong, with supply constraints forecasted for 2023” Occupiers continue to pursue industrial space as supply remains lean, despite developers’ best effor [more]
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, dr [more]
Calgary Industrial Insight – Q2 2022
“Developers ramp up speculative construction as vacancy continues to decline” Demand has, and is expected to remain stable as developers boosted warehouse construction. Larger format facility options [more]
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 spac [more]
Calgary Industrial Insight – Q4 2021
Continued high absorption in the industrial market for the fourth quarter further trends vacancy downward. Developers are searching for ideal land purchase opportunities to add inventory, as a lot of [more]
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 occup [more]
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 indust [more]
Canada Industrial Outlook 2021 Q1
The Canadian economy is now seeing some rebound this year with jobs, vaccine rollouts and federal recovery plans set in motion to boost consumer confidence and a more optimistic perspective. Meanwhile [more]