Latest News

Calgary suburban office vacancy rate continues to rise
Tuesday, January 15, 2019

Overall vacancy in Calgary’s suburban office market continued to increase in the fourth quarter of 2018, according to analysis by Barclay Street Real Estate. In a report, the company said the vacancy rate rose by 0.1 per cent from the third quarter to finish the year at 19.2 per cent. “Leasing activity was muted as the year drew to a close and with vacancy remaining steady, rental rates also showed stability ability among higher quality properties. Landlords of B and C Class properties have become increasingly motivated to complete leases with less resistance to maintain their tenant bases. Speaking to the latter, the rent expectation gap between owners and tenants has narrowed significantly but with the very low rents we’ve seen during the past 24 months, little room remains for negotiation downward,” said the report.

Calgary retail vacancy rate remains elevated due to Sears closures
Monday, January 14, 2019

After spiking to an all-time retail vacancy rate of 5.1 per cent in the first quarter of 2018, overall vacancy in Calgary settled into the mid-four per cent range through the end of the year, according to a report by Barclay Street Real Estate.

Should your business buy or lease office space?
Friday, December 7, 2018

A report by commercial real estate firm Barclay Street Real Estate says the office-condo concept has created an opportunity for occupiers to own their office space with the advantages of having fixed and clear costs, full control over the design within the premises, and tax benefits not available to leasing tenants.

Commercial real estate investment on the upswing in Calgary
Friday, November 2, 2018

Total volume invested to the end of September reached $2.1 billion, up $619 million from the same period last year

Slate to add to rapidly growing Calgary office portfolio
Friday, October 26, 2018

According to a mid-year report by Barclay Street Real Estate, total dollar volume in investment sales in Calgary reached $1.257 billion in the first half of this year compared with $1.025 billion for the same period in 2017.

Prairie multi-family recovery proves a slow process
Wednesday, September 5, 2018

Calgary is on a fragile mend, Winnipeg stays stable but Saskatoon sees per-door apartment building prices slip as vacancies hit double digits and rental rates tumble

Investors still chasing Calgary office assets
Tuesday, August 21, 2018

The renewed appeal of commercial real estate investment which took hold in Calgary in mid-2016 has continued through the first six months of 2018, according to a new report by Barclay Street Real Estate.
The company, in its mid-year analysis, reports a 23 per cent year-over-year increase in dollar volume at the end of June, with total sales of assets worth more than $1 million jumping to $1.26 billion.

Pot may lift retail
Monday, July 30, 2018

Calgary’s long-suffering retail sector may get a lift this year from the cannabis industry, according to Barclay Street Real Estate. The city’s downtown retail vacancy rate is down to 10 per cent, but it could fall to single-digits if the push for marijuana retail outlets materializes into bricks and mortar, the real estate agency said.

Calgary industrial real estate market on upswing
Thursday, July 26, 2018

The second quarter of 2018 marked the end of five consecutive quarters of declining vacancy in Calgary’s industrial real estate market, says a new report by Barclay Street Real Estate. There was a slight uptick of 0.01 per cent to 5.67 per cent overall, says the report

Cannabis store applications high in Calgary’s core
Tuesday, June 26, 2018

A Barclay Street Real Estate report says vacancy rates are declining downtown and in the Beltline as potential retailers prepare to open marijuana stores. The retail real estate market warmed up in Calgary’s Central Business District (CBD) in the second quarter of the year. And the legalization of cannabis is expected to heat things up even further in the near future. A mid-year retail report by Barclay Street Real Estate says CBD vacancy decreased to 10 per cent in the second quarter from 11 per cent in the first quarter.

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