The move is expected to increase the vacancy rate in the Beltline by 4.5 per cent, bringing the area’s commercial vacancy rate up to 25 per cent – which would be identical to neighbouring downtown Calgary’s current vacancy rate.
For the entire first half of 2017, Calgary saw a 24 per cent in-crease in the total dollar volume of real estate transactions, pushing it to more than $1 billion, re-ports Barclay Street Real Estate. In the same period, Edmonton transactions were also slightly higher than $1 billion, up 52 per cent from the first half of 2016.“The light at the end of the tunnel is getting stronger,” said David Wallach, president of Barclay Street Real Estate.
Backed by decades of real estate experience and leading market research, our Investment Sales team will work with you through the acquisition or sales process ensuring you receive expert representation and have a smooth transaction. With dedicated brokers and negotiators, our team works diligently to match the best properties with the right investors.
"Barclay Street employees are responsive, friendly, and genuine. We appreciate the difference between good service and great service, so we wanted to let you know how happy we are with the Barclay Street team."Sharlene Massie, CEO and Visionary, About Staffing
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:
"In any event should another company require the services of a professional involved in commercial real estate - Tourism Calgary would not hesitate to recommend both you and your firm immediately."
Aldon Wells, Vice-President Finance & Corporate Affairs, Tourism Calgary
As an owner and investor, it is vital to manage your real estate assets effectively and efficiently so you can optimize your bottom line. Our Property Management team can work with you to best allocate funds for property operations, increase tenant retention and track property valuation so you can maximize your return on your real estate investments.
"We appreciate Barclay Street's expert approach and I would not hesitate to recommend their exclusive leasing services to prospective landlords and sublandlords alike."
Greg Stevens, Senior Vice President & Trustee, Deloitte