Calgary Industrial Real Estate Market Continues To See Strong Demand

Posted on January 19, 2014 by Patrick Hospes and Julie Matthewson

The high amount of leasing activity in 2013 in the Calgary industrial real estate market is a solid indicator of healthy demand which will continue to take vacant product, according to a new report by Colliers International.

Colliers said absorption - the change in occupied space - remained high at 1.2 million sq ft in the 4th quarter of 2013. This is a small growth over the 3rd quarter which saw just over one million sq ft of absorption.

It also said a shortage of land is expected to continue into this year(2014).

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