Calgary’s 8th Avenue S.W. second most expensive street for office space in Canada

CALGARY — Calgary’s 8th Avenue S.W. strip is the second most expensive street in Canada for office space, according to a report by Jones Lang LaSalle.

The company said Toronto’s Bay Street comes in at No. 1 with average rents running at around $68.91 per square foot and the top rent on the street at $82.28 per square foot.

Calgary’s 8th Avenue S.W. follows with average office rents of $55.33 per square foot and the top rent on the street at $76.50 per square foot.

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Edmonton builders keen on new civic office tower

EDMONTON – The City of Edmonton received 15 formal expressions of interest to provide new office space for civic staff in downtown Edmonton.

More than half the proposals were for new office towers.

That reflects an increasingly tight market for office space and the lure of a major tenant, and could yield some creative ideas, say those in the industry.

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