Active year for Calgary commercial real estate industry

CALGARY — The Calgary commercial real estate market has had an extremely active year in terms of both leasing and investment activity, says a report by CBRE.

“Demand from a dynamic oil industry and a lack of quality space have spurred new construction which could satisfy the strong demand for space,” said CBRE. “As global demand for natural resources continues to increase, Calgary is expected to be further transformed into an international market.”

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