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New developments bring needed space
The vacancy rate for downtown office space will balloon to nearly 12 per cent by 2012 as millions of square feet of new development are completed, says a new report by commercial real estate firm Colliers International in Calgary.
And the current economic malaise gripping our neighbours south of the border, with its ripple effects around the world, will impact Calgary`s downtown office market in the future.
http://www.canada.com/calgaryherald/news/c...d1-c9fb8d225e1a
New developments bring needed space
The vacancy rate for downtown office space will balloon to nearly 12 per cent by 2012 as millions of square feet of new development are completed, says a new report by commercial real estate firm Colliers International in Calgary.
And the current economic malaise gripping our neighbours south of the border, with its ripple effects around the world, will impact Calgary`s downtown office market in the future.
http://www.canada.com/calgaryherald/news/c...d1-c9fb8d225e1a