In the multi-family residential market, condominiums have given way to rental units as more young people and those downsizing look for the benefits of living in new, modern spaces ra
Barclay Street Real Estate capitalizing on hot retail condo market
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Telsec Property Corp. breathing new life into prime property on Macleod Trail
When the late Jack Carter moved to Calgary from Saskatchewan, he opened a Chevrolet Oldsmobile dealership on the corner of Macleod Trail and Glenmore Trail in a brand-new, well-desig
Name: glarson@barclaystreet.com
Commercial real estate investment in Calgary grows
Sales activity of 241 increased by 10 per cent in the second quarter over the second quarter of 2019 and total dollar volume broke $1 billion
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Absorb Software a success story for Calgary’s high-tech industry
Absorb Software a success story for Calgary’s high-tech industry
Name: chansen@barclaystreet.com
Slammed by downtown 'tax shift', shop owners bail out of trendy districts
In the span of two months this winter, Calgary’s 17th Avenue S.W. lost 29 businesses.
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Leasing activity strong in Calgary industrial real estate market
Several new warehouse construction projects completed in the fourth quarter and more is on the way
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Calgary/Edmonton commercial real estate investment climbs in 2018
Calgary’s commercial real estate market saw substantial investor activity in 2018, with sales greater than or equal to $1 million rising from the year before, according to Barclay Street Real Estate.
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Calgary suburban office vacancy rate continues to rise
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.
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Calgary retail vacancy rate remains elevated due to Sears closures
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.
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Should your business buy or lease office space?
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