The retail vacancy in the core business districts of Calgary can largely be attributed to increased office vacancy rates as well as a general slowdown in our oil-based economy here,” said Nathaniel Sterzik, leasing and sales associate for Barclay Street Real Estate, which just released its mid-year retail market analysis for the city.
Storefronts in downtown Calgary are closing at a significantly faster rate than similar retail spaces in the suburbs in yet another sign of oil price collapse’s wide-ranging effects.
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We have dedicated Leasing teams that specialize in areas of industrial, office and retail to best suit your unique business needs. Our Leasing teams offer tenant and landlord representation and work closely with you to ensure you receive the best outcome that will help you meet your business goals. We offer specialized services in the following areas:
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