Investors continued to demonstrate interest and confidence in the Edmonton market.
Vacancy in Calgary’s Downtown remained relatively steady over the third quarter of 2017, rising by 0.4% to 25%. Q3 proved quiet in comparison to the preceding 11 quarters, posting negative net absorption totaling Downtown Market Beltline Market 193,000 square feet (sf).
Investors continued to demonstrate confidence in the Calgary market through the third quarter of 2017.
The end of the third quarter brings healthy activity from both the sales and leasing market throughout the Calgary area.
TCN Worldwide's State of the Market: Western Edition, 3rd Quarter 2017 Prepared by Hugh F. Kelly, PhD, CRE, Consulting Economist to TCN Worldwide. In this edition: –National and Macroeconomic Overview –Regional Economic Conditions –Commercial Property Investment Trends