“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]
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]
“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]
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 busi [more]
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]
JLL Calgary’s Industrial Team would like to thank and congratulate our clients for transactions completed in the first half of 2021. We appreciate each and every one of our relationships.
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]
Lights! Camera! Action! ? The explosion of the film industry migrating to Alberta is diversifying users of industrial space in Calgary. This industry is not alone, with other large user deals continui [more]
An unexpected, but very welcome, use for industrial warehouses is absorbing former manufacturing space in Calgary. Larmar Properties, represented by Marshall Toner, and a private investment firm, repr [more]
Rocky View County just outside the city of Calgary’s northern border looking to be a rising hot spot for industrial use. #ElephantInTheRoom Read article here. Source: CBC News
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