| |
|
Calgary’s industrial vacancy rate continued its slow steady rise through the third quarter of 2009 to reach 5.71%. This was a marginal increase from the 5.21% seen in the second quarter of this year. This rising trend has continued since the third quarter of 2007 when the vacancy rate was 1.47%. While vacancy is much higher now than it was in 2007, the increases that have occurred have been moderate and steady, a testament to a relatively stable Calgary industrial sector. The amount of available space is nearly unchanged this quarter, increasing by only 0.04% over last quarter to 8.98%. Availability’s stagnancy is largely a reflection of the lack of new inventory coming to market as new speculative development is a small fraction of what it was a short time ago.
Contact Sophie Wang at 403.571-8828 for more information.
  Q3 Industrial Colliers Report.pdf
Email Report Link To Your Friend
|
|