With no new supply forecasted for 2013, Calgary’s currently continually thriving commercial market might have to look beyond downtown for real estate.
According to a 2013 market outlook by CB Richard Ellis (CBRE), Calgary’s sq. ft. absorption for the end of the year is a forecasted 2.13 million sq. ft. with an expectation of decreasing to 0.04 million sq. ft. in 2013 because of the lack of new product.
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