Tag Archives: industrial land

Vacancy rate drops for Calgary industrial real estate market to 4.5%

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CALGARY — Sentiment in Calgary’s industrial real estate market is expected to be “cautious” over the first quarters of this year but tenant demand for space will remain “somewhat stable,” says a report by Cushman & Wakefield.

“As 2013 progresses, the global economy should begin to pick up, resulting in an increased demand for natural resources, setting Calgary and the rest of Alberta up for another surge in economic activity,” said the report.

Read more: http://tinyurl.com/amv5a7m

 

CRB approves MDP amendments

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CRB approves MDP amendments

One of the last remaining hurdles for the City of St. Albert in adding more land for light industrial development was cleared last week.
The Capital Region Board approved amendments to the City’s Municipal Development Plan at their meeting on Thursday, Dec. 13, clearing the way for city council to continue with a public hearing and possibly pass the amendments in late January.

Read more: http://tinyurl.com/d2exofv