Serving the Calgary, Alberta area
CALGARY, June 9, 2014 – The billions of dollars invested in unconventional energy exploration is dramatically impacting economic and commercial real estate activity in key North American exploration hubs, creating opportunities for both investors and developers, according to a new report from CBRE Group, Inc. A new airport terminal has opened in Fort McMurray, the gateway to the Alberta oil sands, and is a prime example of some of the changes that are underway.
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CALGARY OUTLOOK: While the outlook for Calgary’s commercial real
estate market is looking relatively stable, ‘hot spots’ in the retail,
industrial and suburban office markets should keep things hopping
"We’re 100% leased by the grand opening of a mall. That speaks to the fact that disposable incomes in Calgary continue to outpace the national average."
- Greg Kwong, Executive Vice President, Regional Managing Director
Download the 2014 Canadian Market Outlook Report
CALGARY AVAILABLE PROPERTIES
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Driven by an energy based economy, Calgary remains a cornerstone of the oil and gas industry in North America. With the emergence of the high tech, financial, environmental and professional services sectors, commercial real estate in Calgary is in high demand. Partnering with the right solution provider is imperative to successfully navigating through Calgary’s complex marketplace.
CBRE Limited is recognized as the world’s leading real estate services firm and is the only property services company listed on the Fortune 500. With extensive local market coverage and entrenched relationships, our professionals have experience with businesses of all sizes, from global blue-chip companies to private individuals, and deliver real estate solutions to achieve their business needs.