JLL Industrial’s Chris Saunders and Casey Stuart speaks to current industrial market and prominent Balzac developments. Thank you, Calgary Herald and David Parker for your recent article highlig [more]
“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]
“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]
“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]
“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]
“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]
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