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BUILDING LISTINGS, MAPS AND INDUSTRY ANALYSIS BUILDING GUIDE

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OPENING A NEW PAGE: CALGARY IN TRANSITION

The pulse of Calgary’s commercial real estate industryTM

BOMA CALGARY BUILDING GUIDE 2017-2018

#1 in Commercial Real Estate Worldwide CBRE Limited is the world’s leading real estate services company. We deliver the people, services and knowledge best suited to the needs of each unique client. We make it our priority to know your business, how changing factors in the marketplace can affect it, and the opportunities the world of real estate presents every day. Locally, nationally, or internationally, our agents and consultants are here to provide a comprehensive set of services. • Asset Services • Brokerage Services (Tenant and Landlord) • Capital Markets (Debt & Equity Finance and Investment Properties) • Development Consulting • Facilities Management • Global Corporate Services • Industrial Leasing • Investment Management • Office Leasing • Project Management • Property Management • Research and Investment Strategy • Retail Leasing • Strategic Consulting • Valuation & Advisory Services

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Real estate and construction is fast paced and dynamic — there’s an energy and at the centre is the desire to build something better. At MNP we continuously strive to create innovative programs and scalable solutions that help you capture that momentum. Big or small, we know it’s not about size – it’s about quality, value and above all else, the opportunity to build something you can truly be proud of. For more information contact Lee Thiessen at 1.877.500.0792 or email lee.thiessen@mnp.ca

BOMA CALGARY BUILDING GUIDE 2017-2018

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BOMA CALGARY BUILDING GUIDE 2017-2018

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CONTENTS

FEATURES

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CENTRE STREET BRIDGE

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MAPS AND LISTINGS

WATERFRONT MEWS

BARCLAY PARADE

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SUBURBAN NORTH

SUBURBAN SOUTH

INDUSTRIAL

BOMA CALGARY BUILDING GUIDE 2017-2018

STEPHEN AVENUE

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Todd Hirsch: Slow and steady wins the race to economic reinvention and diversification.

BRI

2 AVENUE SW

A focus on solutions, service and people is the foundation of a great career in commercial real estate.

. LRT N.W

Our city's commercial real estate sector is boldly exploring a galaxy of new ideas and possibilities for buildings new and old.

2 STREET SW

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A New Frontier

58 The Last

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20 56 Commercial Space: A Job

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DOWNTOWN BELTLINE SUBURBAN INDUSTRIAL

Calgary's transition inspires new ways of thinking about how to reimagine and repurpose our commercial spaces.

Top and bottom right photos by Jared Sych; bottom left illustration courtesy Jerilyn Wright & Associates Interior Design Consultants

SECTOR ANALYSIS

Excitement, Energy & Innovation

BUILDING GUIDE BOMA Calgary, Suite 225, 550 11th Ave. SW, Calgary, Alberta, Canada T2R 1M7 Ph 403-237-0559; email info@boma.ca; and Board Chair, BOMA Calgary Chris Nasim, GWL Realty Advisors Executive Director Lloyd Suchet Marketing & Events Manager Aydan Aslan BOMA Calgary Communications Committee The information presented in the print and online versions of the 2017-2018 BOMA Calgary Building Guide was supplied to BOMA Calgary by various building ownership and management industry sources, most of whom were the building owners’ representatives. While BOMA Calgary believes this information to be accurate, it does not warrant it to be so. Updates, additions or changes to this information should be sent to info@boma.ca.

boma.ca @bomacalgary

A Successful Business Tradition

–– AA quality quality business business environment environment with with new new technology technology and and advanced advanced systems systems ––

Additional copies of the Building Guide are available from BOMA Calgary. View the Building Guide online at www.boma.ca. © 2017 by BOMA Calgary and RedPoint Media Group Inc. Printed in Canada by TC Transcontinental.

Kensington Kensington Place Place RedPoint Media & Marketing Solutions, 100, 1900 11th St. S.E., Calgary, Alberta, Canada T2G 3G2 Ph 403-240-9055; email info@redpointmedia.ca Advertising Inquiries advertising@redpointmedia.ca RedPoint Media & Marketing Solutions: Client Relations Manager Sandra Jenks Managing Editor Miles Durrie Art Director David Willicome Graphic Designer Chelsea Skelly Staff Photographer Jared Sych Production Manager Mike Matovich Manager, Audience Development & Reader Services Rob Kelly Contributing Writers John Fisher; Jennifer Friesen; Jane Gerster; Ryan Haney; Todd Hirsch; Chris Howard; David Lees; His Worship Naheed K. Nenshi, Mayor of Calgary; The Honourable Rachel Notley, Premier of Alberta; Shannon Sutherland Smith; Lloyd Suchet Statements & viewpoints expressed herin do not necessarily represent the views of the Publisher. Canadian Publications Mail Product Agreement No. PM 40030911

Kensington Kensington Professional Professional Centre Centre

Elveden Elveden Centre Centre Elveden Elveden Centre Centre •• This This three three tower tower office office complex complex has has aa total total rentable rentable area area of of approximately approximately 450,000 450,000 square square feet. feet. The The three three towers, towers, Iveagh Iveagh House, House, Elveden Elveden House House and and Guinness Guinness House House are are connected connected at at grade grade by by aa glass glass atrium atrium enclosing enclosing aa variety variety of of shops shops and and services. services. AA great great place place to to start; start; aa great great place place to to grow; grow; aa great great place place to to continue continue aa successful successful business business tradition. tradition. Other Other properties properties available available include include the the Bradie Bradie Building, Building, Kensington Kensington Place Place and and Kensington Kensington Professional Professional Centre. Centre. Our Our portfolio portfolio consists consists of of over over 800,000 800,000 square square feet feet of of quality quality office office properties. properties.

Bradie Bradie Building Building (403) (403) 269-4381 269-4381 || 450, 450, 707 707 -- 7th 7th Ave. Ave. SW SW Calgary, Calgary, AB. AB. T2P T2P 3H6 3H6 || www.estancia.ca www.estancia.ca The pulse of Calgary’s commercial real estate industryTM

Enormous New Potential

Naheed K. Nenshi Mayor of Calgary

Calgary’s people and attitude are its greatest strengths

"Calgarians are entrepreneurial, innovative and communityminded individuals, prepared to drive our city forward."

CALGARY IS A RESILIENT CITY. We have weathered many storms— and each time, our city emerges stronger. Right now, Calgary is in a period of transition, focusing on new opportunities and capitalizing on what makes our city great. While change is not without its challenges, the potential in Calgary in this moment is enormous. We have an incredible inventory of commercial spaces for growing and emerging businesses or those new to the Calgary market. In

addition to being a great place to make a living, Calgary is a terrific place to make a life. We are surrounded by an abundance of natural beauty and our city is full of public amenities that contribute to the high quality of life here in Calgary. But without a doubt, our greatest resource of all is our people. We have a young, dynamic and highly educated workforce, thanks in large part to the world-class post-secondary institutions that

call Calgary home. Calgarians are entrepreneurial, innovative and community-minded individuals, prepared to drive our city forward. Now, more than ever, we’re getting creative and thinking about our city in new ways. And now, more than ever, is the time to invest in the future of Calgary. I encourage you to explore all of the opportunities Calgary has to offer. ■

REALIZE YOUR LEASING POTENTIAL OFFICE

INDUSTRIAL

R E TA I L

ROCKYVIEW BUSINESS PARK

SOUTHLAND PARK

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BOMA CALGARY BUILDING GUIDE 2017-2018

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MORGUARD.COM

Poised For Growth Strong infrastructure supports an economic upswing

Rachel Notley Premier of Alberta

"The Calgary region has long been a strong economic driver. Despite the challenges faced in the energy sector, this region is open for business and we welcome investment."

ON BEHALF OF THE GOVERNMENT OF ALBERTA, it is my pleasure to send greetings to the readers of the 2017-18 BOMA Calgary Building Guide. This year’s theme of “Calgary in Transition” could not be more fitting. The Calgary region has long been a strong economic driver. Despite the challenges faced in the energy sector, this region is open for business and we welcome investment. We have high-quality infrastructure in Alberta to support economic growth, and our government is investing in important infrastructure projects at a time

when the cost to build is low and there is capacity in the construction sector. These investments will ensure that we emerge from the downturn with an even stronger, more resilient economy. There’s an economic upswing underway in the province. In Calgary, the Conference Board reports that the city’s economy is on track to add 9,000 jobs in 2017 and 10,000 in 2018. Creating jobs has been a key focus for our government, and it’s exactly what we are doing―creating good jobs for the many people and families who need them, in

Calgary and across the province. As our economy rebounds, our government will continue to play a role in Calgary’s commercial real estate industry. As an integral partner in the BOMA Building Environment Standards (BEST) program, we remain committed to making environmentally responsible and sustainable design, construction and management practices a priority for new and existing government buildings. Thank you to the readers of the BOMA Calgary Building Guide for your interest in the opportunities in Alberta’s commercial real estate industry. ■

Introducing QuadReal QuadReal Property Group is a global real estate investment, development and management company. With managed assets of over $18 billion, including some of Canada’s most well-known properties, QuadReal is a new company, with an in-house, hands-on team that has deep roots in the industry. Headquartered in Vancouver, QuadReal has offices across Canada.

To learn more, visit: www.quadreal.com

The pulse of Calgary’s commercial real estate industryTM

Daily maximum: 21.9°C (71.4°F) Rainfall per year: 321 mm (12.6 inches)

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Daily maximum: -1.4°C (29.5°F)

767,0

Snowfall per year: 127 cm (50 inches)

790,498

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COCHRANE

CALGARY CHESTERMERE BLACK DIAMOND TURNER VALLEY

OKOTOKS HIGH RIVER

$115,224.1 MT GDP Generating Sectors, (2007 dollars): Non-Commercial Services: 3.5% - $8,713.1 M Finance, Insurance and Real Estate: 0.8% - $18,263.9 M

POPULATION (July 2016) Calgary Economic Region 1,576,249 Calgary CMA 1,469,341 City of Calgary 1,235,171

Primary and Utilities (includes oil and gas) 0.4% - $38,129.2 M Personal Services 0.3% - $4,605.1 M Transportation and Warehousing 0.2% - $5,239.6 M

956,078

991

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,94 19 1,0

Calgary CMA GDP 2016 (2007 dollars):

CROSSFIELD IRRICANA AIRDRIE

,315

CARSTAIRS

922

DIDSBURY

933,495

In Q1 2016, Calgary had the lowest downtown office average Class A net rent of major cities in Canada.

4,9

(60 percent) of new migrants to Calgary were from international destinations.

2005

Highest head office concentration of major cities in Canada.

0,7

59.7%

2010

819,334

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1990 692,8

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Calgary is located in the foothills of the Rocky Mountains. Calgarians 1,1 are proud of their surrounding 56 playground of mountains and ,68 6 rivers, which help attract and retain the energetic in1,12 dividuals who make up the 0,22 5 city’s workforce.

5 0,91 1,23

CALGARY AT A GLANCE

CITY OF CALGARY POPULATION GROWTH

2016

2015

Fifth “Most Livable City in the World” every year since 2009.

Calgary has the highest labour force productivity of major Canadian cities

TRANSPORTATION ACCESS Fourth busiest airport in Canada, with 15.7 million passengers in 2016 and connections to 80 non-stop destinations.

ANNUAL PERSONAL INCOME Average: $63,017 (2016)

EDUCATED Calgary has the second-highest level of educational attainment of major Canadian cities. YOUNG Calgary's population has a median age of 36.4, 47.7 per cent of Calgarians are within the core working-age group of 25 to 54. Data provided by Calgary Economic Development

BOMA CALGARY BUILDING GUIDE 2017-2018

Thinking Differently Generation Y could hold the key to Calgary’s future economic success

Lloyd Suchet Executive Director BOMA Calgary

"The business culture that those in their 20s and 30s seek is a product of the environment they grew up in, and that should be no surprise."

THE WORD “TRANSITION” has always been exciting to me. It evokes not just change, but a sense of positive, deliberate forward movement. While the tumult of recent years has led to plenty of soul-searching across Calgary’s business community, there now seems to have emerged a new sense of purpose and direction. Attracting new sectors to the city and rethinking office space are important parts of Calgary’s transition, but there’s also a transition within our industry. It’s been said that few people choose to get into commercial real estate. Instead, they stumble into what turns out to be an extremely rewarding career. Today’s young professionals who have found their way into the industry are now driving transition within their companies and the sector as a whole.

Young people bring different ways of viewing the business environment and the way to approach problems. Last year, Sperry Van Ness Commercial Real Estate Advisors did extensive research across the Americas asking Generation Y (those born between 1980 and 1995) about careers. Respondents’ top priority for corporate culture was a collaborative work environment. This generation grew up in an educational system that stressed group work, and came of age at a time where the ability to communicate with others had never been easier. The next most important priority was an entrepreneurial culture that encourages innovation and a degree of risk. The report points out one of the worst things you can say to a Gen Y-er who wants to change something is “that’s the way we’ve always done it.”

Gen Y-ers have been taught with an emphasis on the creative process. They’ve learned that there’s often more than one right answer and many ways to arrive at one. Finally, diversity in terms of gender and ethnicity was identified as a priority by both male and female respondents. Beginning in the 1960s, Canada saw a steady increase in nonEuropean immigration, and Gen Y more than any previous generation had classmates and friends from diverse backgrounds. In addition, between 1991 and 2011 the proportion of women in professional occupations increased by more than 50 per cent. So the business culture that those in their 20s and 30s seek is a product of the environment they grew up in, and that should be no surprise. All of this is useful from an employee recruitment and retention perspective, but it’s also a significant indication of what the future holds. As Gen Y-ers begin to take on leadership roles in their industries, they will shift the cultures within them, which will in turn feed into the broader transition of our economic base. This is a good thing. The challenges we face require precisely the strength Gen Y can bring to the table. As Calgary begins to make the transition to a more sustainable and diverse economic mix, it will need people who can collaborate across distances, disciplines and other boundaries. It will also require people who see the world not just as it is, but as it could be. And it will require people who view business in both a local and a global context. The timing for our transition couldn’t be better, because it’s Gen Y’s strengths—collaboration, innovation and open-mindedness— that will bring solutions. ■

The pulse of Calgary’s commercial real estate industryTM

by BOMA Calgary

Who is BOMA Calgary?

Organization aims to foster excellence in Calgary’s working spaces

hink of a commercial building as a small city with its own dedicated staff of people who ensure safe, comfortable and productive work spaces. BOMA Calgary includes, and supports, those people. In short, BOMA Calgary is the pulse of our city’s commercial real estate industry. The organization represents a broad range of commercial real estate professionals involved in a wide array of activities, but what they all have in common is a desire to create great working environments for Calgarians. BOMA Calgary itself is a not-for-profit, voluntary industry association that seeks to provide commercial real estate professionals with all the tools available to enrich their professional experience and improve the management of build-

BOMA CALGARY BUILDING GUIDE 2017-2018

ings, from offices, malls and industrial buildings to institutions like universities and health care facilities. BOMA Calgary provides educational programming to keep members ahead of industry trends, and promotes

certification program for existing buildings. Here in Alberta, 177 buildings are demonstrating environmental stewardship by certifying through BOMA BEST. So if you see the BOMA BEST logo on the doors or in the lobby of your

So if you see the BOMA BEST logo on the doors or in the lobby of your building, you can be sure the building is meeting, and often exceeding, the industry standard for sound environmental management. industry best practices in areas of building management and operations, environmental sustainability, security and safety. The organization also advocates on behalf of its members on relevant issues being considered by the municipal and provincial governments. BOMA Calgary is also the local delivery partner of BOMA BEST, Canada’s largest environmental assessment and

building, you can be sure the building is meeting, and often exceeding, the industry standard for sound environmental management. All the activities BOMA Calgary undertakes have one end goal in mind: helping the commercial real estate industry create amazing workspaces that will, in turn, help Calgary’s businesses and institutions succeed. ■

BOMA ad 2018.pdf 1 6/27/2017 11:12:26 AM

by Shannon Sutherland Smith

Certification: It’s the Best Idea Program is helping strengthen teams, buildings, and the industry jll.ca

A Q&A with Keri Cormier, General Manager of QuadReal Property Group, on BOMA BEST certification Q. What’s your background with BOMA BEST certification? A. I have been involved with numerous BOMA BEST certifications—previously BOMA Go Green certifications—over the past 10 years for both office and industrial properties. Q. What made this particular program appealing to you? A. The certification program is appealing due to its low cost comparative to other similar programs and relative ease of completion. And most other competing properties also have BOMA BEST certifications. Q. Post-certification, where do you feel your greatest gains are coming from? A. The BOMA BEST program requires a deep dive into how the property is operating and what programs and initiatives are in place. Every time we complete a certification, we get a better understanding of

be done in the future to improve the building’s sustainability and BOMA BEST score.

RANCHO REALTY (1975) LTD.

the property and have an opportunity to alter the vision for the equipment, systems and programs we have in place. With a three-year certification period, we are forced to continually review and maintain optimum standards in the building.

Q. What do you believe is most challenging about the process? A. The most challenging aspect of the process is finding the time to complete the necessary background work to get the certification completed. There are no shortcuts to take, but even in an industry that’s already fast-paced, deadlineoriented and filled with multiple tasks day to day, there is always a way to find the time.

Q. What are some of the short- and long-term benefits of certification? A. Some of the benefits I’ve found are: reducing utility consumption; remaining competitive with comparable properties; developing a stronger understanding of the building and how it operates; reinforcing the values of teamwork and increasing team morale; instilling a great sense of accomplishment for all involved in completing the certification; and receiving a detailed listing of improvements that can

Q. What would you say to an organization considering certification but hesitating to make the investment? A. I would let them know that the BOMA BEST program will improve the way their building operates, which is worth the investment. Not only will the building’s equipment, systems and programs improve, but the team dedicated to the building will get a deeper understanding of the building’s operations, and it’s a fantastic initiative to improve teamwork. ■

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(403) 253-7642 WWW.RANCHOCALGARY.COM

Serving commercial real estate business and professionals in: w Lease Enforcement w Property Disputes w Employment Contracts and Dismissals w Debt Collection and Insolvencies w Condominium Litigation w Property and Liability Insurance Claims

Key Contacts

BLAIR CARBERT 403.705.3304

BRAD DOBBIN 403.705.3330

ROXANNE DAVIS 403.705.3335

BOBBY RANDHAWA 403.705.3451

www.carbertwaite.com

BOMA CALGARY MEMBER SINCE 1999

The pulse of Calgary’s commercial real estate industryTM

by Jane Gerster | photography by Jared Sych

‘EXCITEMENT, ENERGY AND INNOVATION’

Calgary has begun to embrace a new way of thinking about its commercial spaces

ne day soon, the halls of the once-dormant former energy company headquarters at 150 9th Ave. S.W. will again reverberate with excitement. Full of new life and newly renamed The Edison, the building long known as Encana Place will enjoy a significant renaissance. In the tower's amphitheatre, a new product announcement or an insightful TED Talks event will have the audience buzzing with fresh ideas. Here and there, workers will unwind for a moment or two by the fireplace or over a board game with colleagues, while baristas slide espressos over the bar top. At mealtimes, the restaurant will fill up with people from elsewhere in the city as well as those who work in the building. A few floors up, Fido will spend the day with furry friends playing in a well-maintained dog park. Outside, people will stop to appreciate the dramatic statement made by Emergent, the 7.6-metre-high outdoor sculpture that defines the building's new streetscape. “The two kinds of things we think about all the time with our building

BOMA CALGARY BUILDING GUIDE 2017-2018

are community and culture,” says Rob Blackwell, senior vice-president of investments and asset management with Aspen Properties, which has owned the 28-storey, 446,227-sq.-ft. building since 2015. “How do we develop a community and a culture of excitement and energy and innovation?” It’s a variation of a question Calgary has been asking itself in the wake of tumbling oil prices and rising commercial vacancy rates: how does the city attract new companies to a city that’s been almost synonymous with oil and gas? While the downtown vacancy rate hovered at nearly 24 per cent in the first quarter of 2017, up from 17.6 per cent a year earlier, Avison Young says overall the market seems to be reaching a plateau, taking “first steps in stopping its downward trend.” But the city isn’t targeting oil and gas companies to fill the gap. Calgary Economic Development is pursuing agribusiness, financial services, transportation and logistics and even creative industries. The result is the beginning of a slow but very real shift, a reimagining of Calgary’s downtown with the buildings that make up the city skyline taking centre stage. And frankly, says James

Stauch, director of the Institute for Community Prosperity at Mount Royal University, the process is necessary if companies want to keep the city’s young, motivated workforce. “We know about what millennials want in terms of urban lifestyle,” Stauch says. “They want pedestrian-friendly, they want green and they want culturally alive, particularly at night.” In other words, they want the lively, bustling office-tower life that Aspen is creating. Stauch is one of the driving forces behind Vivacity, a collaboration between the city and post-secondary students to come up with more creative ways to use underutilized spaces. This year, the focus was empty office space, Aspen loaned three floors of the building that Encana had left when it moved into the Bow tower in 2013. The creativity driving the students’ projects—including a mock business where people would come and brew their own beer—influenced Aspen’s redesign plans. “We’re far more open to interesting ideas than we were before,” Stauch says, adding that the energy and enthusiasm helped Aspen “to think about the space differently.” That shift is already helping trans-

“The two things we think about all the time with our building are community and culture.” — Rob Blackwell, Senior vice-president of investments and asset management with Aspen Properties

Rob Blackwell of Aspen Properties stands beneath the sculpture Emergent in front of The Edison, 150 9th Ave. S.W., formerly known as Encana Place. The pulse of Calgary’s commercial real estate industryTM

Rob Blackwell on undeveloped floor of The Edison, showing the wide-open space that sparked ideas like a dog-friendly environment. Left: an artist’s rendering of the lobby space being developing in The Edison.

Beyond being drawn by unique features like pool tables and dog parks, RocketSpace and companies like it are expected to play a big role in making downtown more vibrant just by moving in. While oil and gas companies tend to have about one employee per 300 sq. ft. of space, Blackwell says, RocketSpace is closer to one person per 90 sq. ft. He says that will mean “real activity in our building, so you don’t walk through the space and think, ‘where is everybody?’” RocketSpace’s decision is a huge win for the city, says Deana Haley, vice-president, client services with Calgary Economic Development (CED). Haley was a key part of CED’s global push to coax new businesses to the city’s downtown, work she is continuing to do. “Having (RocketSpace) move in is exciting for us,” she says, “because it’s a reimagining of how our buildings can be used.”

“Having (RocketSpace) move in is exciting for us, because it’s a reimagining of how our buildings can be used.” —Deana Haley

BOMA CALGARY BUILDING GUIDE 2017-2018

James Stauch, director of the Institute for Community Prosperity at Mount Royal University

Deana Haley, vice-president, client services with Calgary Economic Development

Andrew King, associate vice-president of downtown office leasing at Barclay Street

—James Stauch

One of the Calgary advantages, she says, is that the business community is so open to making changes to better suit new companies’ needs. Another is price: downtown Calgary is home, she says, to “modern, affordable real estate.” Indeed, Avison Young has advised companies to take advantage of rental rates that are down in the last two years by as much as 60 per cent. Andrew King, associate vice-president of downtown office leasing at Barclay Street, says the Calgary advantage is significant for start-ups with big ambitions. “As your start-up grows, there’s enough space downtown to accommodate for that,” King says, “One of the biggest things I’m talking to all my clients about now is the ability to structure growth in the deal—and landlords are open to it.” ■

Photos at left courtesy Andrew King, Deanna Haley, James Stauch ; illustration courtesy Aspen Properties

form Calgary’s downtown. In May 2017, Aspen announced that Silicon Valley-based tech incubator RocketSpace was moving into 75,000 sq.-ft. of The Edison. RocketSpace, which operates “technology campuses” in Europe, Asia and Australia, picked Calgary for its Canadian launch after a pitch from Calgary Economic Development. Calgary “offers everything that RocketSpace startups are looking for in a headquarter city,” the company said. “It is a city of solutionsfirst thinkers, engineers, and entrepreneurs.” Aspen helped sweeten the pot: the main-floor amphitheatre of the Edison building, Blackwell says, is a modification specifically made for the company. The area that RocketSpace will occupy is being remodelled by global design firm Gensler.

“We know about what millennials want in terms of urban lifestyle. They want pedestrian-friendly, they want green and they want culturally alive, particularly at night.”

The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

by Shannon Sutherland Smith

COMMERCIAL SPACE:

A NEW FRONTIER W Calgary’s economic shift opens a universe of possibilities

ith the downtown office vacancy rate hovering around 25 per cent, landlords and tenants alike are taking the opportunity to explore a universe of options as they relaunch, reinvigorate and reallocate Calgary’s commercial spaces. “I think people largely believe we’ve hit the bottom of the market and that there’s nowhere to go from here but up, and so that really does give everyone a sense of hope,” says Greg Kwong, regional managing director for CBRE Ltd. 20

BOMA CALGARY BUILDING GUIDE 2017-2018

There’s no one-size-fits-all solution, but many owners and managers are finding there’s a galaxy of possibilities for their facilities. “There are some office buildings downtown looking to convert to other uses, but those need to fulfill some pretty unique requirements for that to be a workable alternative,” Kwong says. "Most companies related to the oil and gas sector are downsizing and trying to find cost reductions in all aspects of their accommodations.” While this might sound like a grim

scenario, it actually shows optimism—it keeps open the possibility that those floors will be filled again, he adds. In some cases, rather than leaving space empty, tenants who need to shrink their footprints are putting together sub-lease packages as a way of making ends meet. “We’re seeing a heightened level of creativity expressed by tenants in their drive to sublet space,” says Jerilyn Wright, president of Jerilyn Wright & Associates Interior Design Consultants Ltd. “They are looking at different cost-effective ways of managing space

This page top right, photography by Erin Brooke Burns; right bottom illustration courtesy Jerilyn Wright & Associates Interior Design Consultants; left facing page illustration iStock

“I think people largely believe we’ve hit the bottom of the market and that there’s nowhere to go from here but up, and so that really does give everyone a sense of hope.” —Greg Kwong

that they’ve recently built for themselves and now need to sublet.” At the very least, downtown Calgary appears to have moved past the apex of its once-skyrocketing vacancy rate, says Todd Throndson, managing director, principal, of Avison Young’s Calgary office. “By 2018, there's a reasonable probability that the second quarter of 2017 will be recognized as the point when the downtown office market saw tenants stop shedding space.” Throndson says without a substantial change in the Calgary economy, however, the addition of new buildings in 2017 and 2018 could push the vacancy rate up to near 29 per cent. That means dealing with the vacuum of excess space is going to continue to be an issue. Firms like Wright’s see opportunity here—particularly where sharing space among smaller companies is an option. “What we find is each floor typically includes meeting rooms, at least one kitchen and sometimes coffee bars and collaborative areas,” Wright says. “We looked at how to offer a sublet tenant all those amenities without having to rebuild an already renovated floor.” With creative planning, these facilities can be shared between sub-tenants, she says. “The advantage of this approach for the sub-tenant is that he leases less space and shares the common facilities,” Wright says. “The bonus to the company subleasing the space is that when they expand back and reclaim their space, they are making very few changes.” And sharing of the actual workspace can sometimes succeed, too.

Several high-vacancy downtown buildings show great potential for diverse new uses, including the possibility of residential conversions. Guinness House, left, at 727 7th Ave. S.W., and the Lougheed Building, above, at 604 1st St. S.W., are two examples being looked at by the industry. Below, a co-working space in the Millennium Tower downtown at 440 2nd Ave. S.W. Designed by Jerilyn Wright & Associates, the space is shared by several companies in different lines of business.

“We are starting to see—and what we may see more of—is co-working space,” she says. “These spaces may be anchored around lifestyle amenities such as coffee shops, fitness facilities, restaurants etc., where businesses support each other.” Wright is also seeing different industries now leasing office space in buildings that would have typically housed energy companies. “More industries are seeking premium locations,” she says, pointing out that med-

"Space today needs to work much harder than in the past. Companies have been through restructuring and most of the individuals are doing the workload of more than one person.” —Jerilyn Wright

ical firms, fitness businesses, counselling groups, technology companies and many others now have access to top-notch space. Companies are also taking the opportunity to amalgamate under one roof versus being spread throughout the city. “The challenge in designing space for these companies is to ensure that the various identities and cultures within the parent company are honoured,” Wright says. “Space today needs to work much harder than in the past. Companies have been through restructuring and most of the individuals are doing the workload of more than one person. This has put an enhanced focus on the value of the individual employee. The companies are looking to their space to enable this.” ■

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ANALYSIS: DOWNTOWN

OBJECTIVES ON THE TABLE FOR DOWNTOWN PROPERTIES INCLUDE: Suspending the requirement for a development permit for a change of use in an existing, approved building. Suspending parking requirements for changes of use in existing buildings. Exempting changes of use in existing buildings from the application of overarching policies and Land Use Bylaw provisions. Exempting small additions or renovations to existing buildings from the need for a development permit.

Rising to the Challenge Downtown market is taking decisive steps to deal with transition

Chris Howard Vice-President, Capital Markets Group, Avison Young (Canada) Inc.

"Provincially and nationally, the downtown Calgary commercial real estate industry is responding as part of the larger business community. "

THE COMMERCIAL REAL ESTATE INDUSTRY is responding to the challenges of a shifting economy. The downtown office building market has been affected significantly, as office buildings that were fully occupied circa 2014 now sit close to 25 per cent empty. Downtown Calgary building owners and managers are embracing the four R’s of a struggling real estate economy: Rent adjustment, Renovating, Repositioning and Repurposing. While creative rent structures have helped some property owners attract and retain tenants, many have started aggressive renovation programs to improve office premises, washrooms, building façades and common areas. While this will often convert C-class office buildings to a B-plus level,

BOMA CALGARY BUILDING GUIDE 2017-2018

more will need to be done to address the above-average vacancy rate. This will include repurposing older office buildings into hotels, schools, condominiums (office and residential) and, potentially, residential apartments—although apartments are already facing a rising vacancy rate due in part to a building boom. Some owners may simply recognize that demolition and a green-field site in preparation for a market turnaround could be the best option. At a civic level, the commercial real estate industry is engaging actively with the City of Calgary to work toward expediting the processes for permits and approvals. It’s hoped this will motivate faster redevelopment and occupancy for existing premises.

Any of these pro-business, red tape reduction strategies would be a clear indication of civic political will to motivate Calgary’s shifting economy to invest and repopulate. Provincially and nationally, the downtown Calgary commercial real estate industry is responding as part of the larger business community. Support from the provincial and federal authorities for new economic development, diversification, tax-forward thinking and incentives for employers will attract new companies and people to the city—and specifically the downtown business zone. Revitalization by the commercial real estate industry only works with the support and the fiscal stimulation of the entire system, top to bottom. The commercial real estate industry is beginning to see the results of all the efforts to promote downtown Calgary’s advantages, and relocations of new organizations are already being announced. Expect more positive news in 2018. ■

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ANALYSIS: BELTLINE

A Unique Opportunity Adapting to adversity is shaping the market’s future

David Lees Associate Vice-President, Jones Lang LaSalle

Make no mistake about it: the energy industry and the employees within it are the lifeblood of this city.

CALGARY’S OFFICE MARKET CONTINUES TO STRUGGLE—what a change from the frothy years of 2011–2014. The tenant-favourable market has spread across all asset classes and in all office submarkets of the city. Defaults and downsizing from companies in a variety of industries, not just oil and gas, have created unprecedented opportunities for office occupiers. The ongoing and persistent decline in occupancy has meant the ongoing addition of more vacant office space to the Beltline

BOMA CALGARY BUILDING GUIDE 2017-2018

market. Q1 2017 saw 27,049 sq. ft. negatively absorbed—the sixth straight quarter of negative absorption for this submarket. Another 90,000 sq. ft. of office space is currently under construction, and that’s expected to push the Beltline’s vacancy rate above the current 17.8 per cent. Despite the continued uptick in vacant space, landlords have been able to keep average net rental rates relatively stable at $16.09 per sq. ft. Aggressive incentive packages are being offered in an effort to lock in tenancy and

renewals, with the most common tool being large rent-free periods. These inducements, which generally result in reduced expenses for tenants, are helping companies deal with the immediate impacts of the downturn. They are also giving tenants the resources to upgrade the quality of their office space. Three-plus years after oil prices began their decline, our community is still showing a number of bruises. Many local companies from the exploration, service, real estate and retail sectors are a little worse for wear and, in some cases, have simply left the market. Calgary is rich with creative thinkers and built on an entrepreneurial spirit. We now have a unique opportunity to build on these strengths and position our economy to grow despite the challenges of the energy sector—and how we adapt during adversity is how we shape our future. The clearest examples of growth are coming from the technology sector. Benevity Inc., a local software company, recently increased its office footprint by 40 per cent to accommodate a growing staff drawn from Calgary’s highly educated workforce. Convergent IS, another local software and application developer, made a move to Calgary’s Beltline and increased its office space footprint fivefold. Groundswell Group made a drastic upgrade to its office space, leasing just over 22,000 sq. ft. in HOOPP’S 11th Avenue Place. While there is excitement in alternative industries outside of energy, make no mistake about it: the energy industry and the employees within it are the lifeblood of this city. There’s hope for similar positive stories from energy companies, as some forecasts are now calling for a return to balance in the market by 2018–19. ■

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ANALYSIS: SUBURBAN

Weathering the Storm Suburban market’s flexibility is driving business diversification

John Fisher Senior Vice-President CBRE Limited

With a shorter build cycle and smaller buildings, suburban landlords can react faster to changing market conditions.

CALGARY’S SUBURBAN OFFICE MARKET CONTINUES TO WEATHER the storm of low energy prices that has rocked the city’s office space inventory over the past few years. While vacancy has stayed slightly above 25 per cent for the past year, that number has been stable—a sign of resiliency compared to the central business district, which has experienced year-over-year vacancy increases. But while overall vacancy has plateaued, the changing composition of vacant space is troubling to property owners. Along with positive absorption in some areas of the market, the vacancy in other types of product continues to increase. Most notably, the Engineering, Procurement and Construction, or EPC, firms that once ruled the largest-occupiers category have undergone significant downsizing. The result has been a glut of large-floor-plate subleases that have been difficult to navigate for the average user. While many of these spaces are being sublet, the looming expiration of lease terms has landlords putting together packages centred on lease rates and incentives.

BOMA CALGARY BUILDING GUIDE 2017-2018

With average asking lease rates in the suburban office market ranging in the mid-teens on a triple-net-per-square foot basis, one may conclude that market conditions don’t reflect the current economic environment. But in reality, the profitability picture of today’s suburban office transactions is a bleak one for landlords. While top-quality product is still attractive to tenants, the net effective rent these spaces achieve continues to fall as property owners compete for a limited amount of demand. This precipitous drop in net effective rents has halted the supply, except for a limited number of build-to-suits, as developers choose to delay or withdraw starts on new inventory. The upside is that the impact of this supply freeze will help correct the market vacancy over the medium term as absorption levels return to historically positive average levels. Construction in the suburban market has grown the inventory steadily, from 14 million square feet in 2005 to nearly 24 million square feet today. This increase in supply helped the market meet

growing demand and kept the vacancy rate around a balanced 10 per cent. With a shorter build cycle and smaller buildings, suburban landlords can react faster to changing market conditions, and this will likely prevent the suburban market from experiencing the vacancy growth seen downtown. While the downtown office market has traditionally survived on the health of oil and gas firms, the suburban market has a naturally diverse tenant base. This diversity is in line with the broader provincial objective of employment that isn’t affected directly by oil and gas metrics. For example, in the last year, the suburban office market has seen exponential growth in several significant technology firms, fuelling new development and job growth. Diversity and innovation are the future in Calgary and the flexibility of property owners in terms of lower operating costs, parking availability and flexible lease terms will continue to drive a strong argument for locating in the suburban market. ■

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ANALYSIS: INDUSTRIAL

Ryan Haney Senior Vice-President Jones Lang LaSalle (JLL)

In comparison to last year, the overall picture is one of a positive market, with good activity and transactions.

A Healthy Market Slow growth and diversification mark the industrial property sector CALGARY’S INDUSTRIAL MARKET continued to outperform other commercial market sectors over the 12 months leading up to mid2017. Despite the negative news, layoffs and troubling forecasts focused on the oil and gas market and the downtown office sector, the industrial market has held its own in vacancy rates, lease rates and overall activity. In comparison to last year, the overall picture is one of a positive market, with good activity and transactions.

TO ILLUSTRATE, HERE ARE SOME KEY NUMBERS AS OF THE END OF Q1 2017:

YTD NET ABSORPTION:

79,131 sq. ft.

(increase from previous year)

UNDER CONSTRUCTION:

527,000 sq. ft. (decrease from previous year)

TOTAL VACANCY:

7.8% (unchanged)

AVERAGE ASKING NET RENT:

$9.55 per sq. ft.

(decrease from previous year)

BOMA CALGARY BUILDING GUIDE 2017-2018

These numbers are from JLL’s Q1 2017 Market Insight Report, and include all properties in the greater Calgary area. They show that the industrial market has seen the bottom and is already into a slow recovery. There are a number of factors behind this, including:

SLOWDOWN OF CONSTRUCTION The speculative development of big-box distribution space has slowed due to the current economic conditions. With only two larger-scale projects planned to break ground in 2017, we anticipate that more space will be leased before the end of the year, which will likely further contract the vacancy rates. Additional construction projects are likely to enter the market in 2018 for 2019 delivery.

DISTRIBUTION MARKET GROWTH Continued interest and deal activity in the distribution market in Calgary has helped to control the vacancy in the market. Rumours persist that one or more e-commerce fulfillment centres will land in Calgary over the next 12 months. Current users are growing their local footprints and new entrants are entering the market. There is a continued push for companies to have a distribution presence in Calgary as a secondary Canadian hub after Toronto.

REPURPOSING OF OLDER INDUSTRIAL PROJECTS The gap between vendors’ and purchasers’ expectations has narrowed, resulting in a large number of sales transactions. Several of these buildings have been sold for redevelopment or non-standard industrial uses. For example, an oil and gas manufacturing building was sold to a company in the airplane-parts business; a second manufacturing building will become a truck repair facility and a third has been sold for redevelopment as retail/ office/light industrial. If the market doesn’t move into a strong recovery, we anticipate more of these types of transactions to continue into 2018.

NEW USES ENTERING THE MARKET Deals are underway for additional indoor recreation facilities, new technology businesses and new green/environmental initiatives that will continue to absorb vacant space. Expect a number of announcements of new deals with users vastly different from Calgary’s typical oil and gas players. Overall, the industrial market continues to be solid, with expectations for a good year in both sales and leasing. Through 2017-18, we’ll see whether the forecasts are true—and whether the current trends continue. ■

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The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

DOWNTOWN

COMMERCIAL

DR IV E

RESIDENTIAL

M EM

RI A L

PUBLIC INSTITUTIONS HOTELS

COVERED SURFACE PARKING

E AC I BR E G D

UNDER CONSTRUCTION

EAU CLAIRE AVENUE SW

+15 WALKWAY

1 AVENUE SW

P G RID TB . LR N.W

FUTURE +15 WALKWAY

234

P 2 AVENUE SW 7 STREET SW

LIGHT RAIL TRANSIT

430

425

536

630

632

640

635

637 639

722 724

726

719 824

731

729

8 STREET SW

820

9 STREET SW

711 715

732

736

646

644 641 742

740

LIGHT RAIL TRANSIT

733

737

832

8 AVENUE SW

743

739

842

836 838

848

823

825

829

827 P

7 STREET SW

8 AVENUE SW

9 AVENUE SW

833

831

843

835

845

932

10 AVENUE SW

MAP BUILDING NAME REF

154 Eau Claire Market 234 Joe Phillips Building

Buildings listed in bold have been certified through BOMA BEST, the leading environmental certification program for commercial buildings. See www.bomabest.com for updates

ADDRESS LEASING CONTACT

(TELEPHONE/E-MAIL)

200 Barclay Parade SW Eau Claire/Suzanne Chateau CPM/403-268-6646/schateau@harvard.ca 101 6 St SW Jordan Martens/pba land development ltd/403-777-2712/jmartens@pbaland.com

BLDG AREA

RETAIL AREA

191,721 141,104 26,917

AVG FL PLATE

PKNG # OF STALLS FLOORS

576

13,459 21

BUILT/ RENO

1993

1912/01

252 Millennium Tower

440 2 Ave SW Oxford Properties Group/A Dickson/403-206-6444/adickson@oxfordproperties.com

436,304 20,883 19,600 272

2000

345 Eau Claire Place I

525 3 Ave SW Triovest Realty Advisors/Darcy Payne/403-209-3492/dpayne@triovest.com

75,443

1979/98

346 Centennial Place W

250 5 St SW Rick Artus/403-206-6422/rartus@oxfordproperties.com

10,778 41

457,451 6,281 23,000 265

2010

347 Eau Claire Place II

521 3 Ave SW Artis REIT/Christopher Baradoy/403-705-3573/cbaradoy@artisreit.com

139,730

1980

348 Centennial Place E

520 3 Ave SW Rick Artus/403-206-6422/rartus@oxfordproperties.com

779,703 1,669 21,885 528

2010

BOMA CALGARY BUILDING GUIDE 2017-2018

847 849

9 AVENUE SW P

DOWNTOWN

548

545

543

634

712

LIGHT RAIL TRANSIT

10 STREET SW

546

6 AVENUE SW

629

7 AVENUE SW 11 STREET SW

538

535

U N AV E 6

450

5 STREET SW

533

626

347

445

6 STREET SW

525

523

618

709

345

5 AVENUE SW

6 AVENUE SW

348

528

518 P

710

438

435 P

5 AVENUE SW

432 434

4 AVENUE SW P

5 STREET SW

8 STREET SW

LRT AND LRT STATIONS

346

3 AVENUE SW

4 STREET SW

RIV LD PARKS AND RIA GREEN SPACESMEMO

6 STREET SW

FUTURE/ON HOLD CONSTRUCTION SITE

9,401 87

CENTRE STREET BRIDGE

N WATERFRONT MEWS

BARCLAY PARADE

2 AVENUE SW

MALL

RIV

468

464

470

474

LYO VE R BR IDG E EF NU 4A VE

CO N

476

3 STREET SE

568

RIVER FR

475

560

EN AV

5 AVENUE SW

561

563

656

565

756

569 670

666

662

674

672

575

P 6 AVENUE SE

659

651

667

665

669

671 782

772

758

LIGHT RAIL TRANSIT

960

871

873

968

883

963

965

971

975

352 Devon Tower 356 Calgary City Centre Ph 1 358 Livingston Place W Tower 360 Livingston Place S Tower

979

4 STREET SE

10 AVENUE SE

ADDRESS LEASING CONTACT

(TELEPHONE/E-MAIL)

BLDG AREA

400 3 Ave SW Oxford Properties Group/A. Dickson/403-206-6444/adickson@oxfordproperties.com LIGHT RAIL TRANSIT

10 AVENUE SW

BUILDING NAME

9 AVENUE SE

9 AVENUE SW

955

5 STREET SE

867 869

4 STREET UNDERPASS

861

STEPHEN AVENUE

3 STREET SE

878

876 CENTRE STREET

3 STREET SW

859

872

MACLEOD TRAIL SE

868 STEPHEN AVENUE 1 STREET SW

855 857

860 2 STREET SW

858

759

1 STREET SE

LIGHT RAIL TRANSIT

755

MAP REF

4 AVENUE SE

459 566

751

UE S

466

NT A VEN

ONT AVENUE SE

3 STREET SW

RFRO

FL YO VE R

460

RIVE

1 STREET SE

CENTRE STREET

360

358

457 558

654

4 STREET SW

2 AVENUE SW

4 AVENUE SW

555

851 853

RIA

1 STREET SW

BARCLAY

356

455

752

IVE

DAQING AVENUE SW

458

551 553

L D R

452

552 554

RIA

451 453

2 STREET SW

352

RIVERFRONT AVENUE SW

IAT IO

154

CIL

BARCLAY PARADE

215 2 St SW Peter Stack/403-571-2532/peter.stack@cadillacfairview.com

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

818,815 14,255 19,500 425

1988

850,000 17,000 26,000 632

2016

250 2 St SW B Richards, K Decaire/bill.richards@quadreal.com/kyle.decaire@quadreal.com

424,222 5,895 22,756 252

2008

222 3 Ave SW B Richards, K Decaire/bill.richards@quadreal.com/kyle.decaire@quadreal.com

435,364 5,895 22,936 252

2008 1983

425 Canadian Centre

833 4 Ave SW Marike Chen/403-705-3518/mchen@artisreit.com

156,402

13,679 89

430 744

744 4 Ave SW Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

53,228 1,263

7,054 2

1982

432 Alberta Infrastructure

710 4 Ave SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

41,434

13,811 0

1979/02

Map Source: Colliers International

- -

The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

DOWNTOWN

MAP BUILDING NAME REF

ADDRESS LEASING CONTACT

(TELEPHONE/E-MAIL)

434 McFarlane Tower

700 4 Ave SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

435 McDougall Centre

455 6 St SW Government-occupied/gordon.moss@gov.ab.ca

BLDG AREA

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

206,692 2,630 12,351 158

1979

51,805

10,850 33

1907/86

438 Birchcliff Energy Building

630 4 Ave SW Marika Chan/403-705-3518/mchan@artisreit.com

68,069

14,233 47

1978

445 Selkirk House

555 4 Ave SW Arcturus Realty/Patrick Smith/403-205-7436/psmith@arcturusrealty.com

223,401 2,991 11,149 58

1979/90 1973/91

450 Altius Centre

500 4 Ave SW CREIT Mgmt/Geoff Christie/403-235-3443/gchristie@creit.ca

308,468 3,000 11,072 292

451 Fourth & Fourth

435 4 Ave SW Aly Lalani/403-270-2493/aly.lalani@colliers.com

88,738 24,257 12,896 84

1978

452 Shell Centre

400 4 Ave SW Cadillac Fairview/Peter Stack/403-571-2532/peter.stack@cadillacfairview.com

682,024 45,510 21,142 86

1977

453 Northland Place 455 Calgary Place II 457 Canada Place 458 Jamieson Place

407 3 St SW Aspen Properties/Brett Koroluk/403-216-2660/apl@aspenproperties.ca 355 4 Ave SW CREIT Mgmt/Geoff Christie/403-235-3443/gchristie@creit.ca

25,078 8,168

8,000 92

216,887 35,694 11,500 138

1996

1969/06

407 2 St SW Triovest Realty Advisors/Darcy Payne/403-209-3492/dpayne@triovest.com

196,768 3,066 11,559 0

1975

308 4 Ave SW B Richards, K Decaire/bill.richards@quadreal.com/kyle.decaire@quadreal.com

810,630 31,408 24,680 495

2010

459 Fifth Avenue Pl W Tower

237 4 Ave SW Brookfield Properties/Dwight Jack/403-770-7200

707,373 48,273 23,000 791

1981

460 BP Centre

240 4 Ave SW B Richards, K Decaire/bill.richards@quadreal.com/kyle.decaire@quadreal.com

659,196 6,533 24,000 227

1988

464 Sun Life Plaza W Tower

144 4 Ave SW CREIT Mgmt/Geoff Christie/403-235-3443/gchristie@creit.ca

324,543 3,875 11,365 182

1981

466 Sun Life Plaza N Tower

140 4 Ave SW CREIT Mgmt/Geoff Christie/403-235-3443/gchristie@creit.ca

313,623 3,447 11,365 181

1982 1984

468 Sun Life Plaza E Tower

112 4 Ave SW CREIT Mgmt/Geoff Christie/403-235-3443/gchristie@creit.ca

410,699 10,575 15,100 280

470 Asia Pacific Centre

100 4 Ave SW Dale Couprie/403-852-4448/leasing@bowriverleasing.com

92,500 16,000 9,336 49

1980

474 First Street Plaza

138 4 Ave SE Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

72,107 1,881

1981

475 First Tower

411 1 St SE H&R REIT/Jennette Leyland/403-282-3131/jleyland@hr-reit.com

9,013 44

709,977 12,745 26,000 349

1980/14

476 Harry Hays Building

220 4 Ave SE Maple Leaf Property Mgmt/Laural Unwin/403-532-6500/lunwin@mlpm.ca

463,452 1,194 64,584 300

1978

518 926

926 5 Ave SW Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

85,711

8,535 57

1982

523 Lavalin Centre

909 5 Ave SW Avenue Commercial/Steven P Butt/403-802-6767/sbutt@avenuecommercial.ca

121,957 6,500 12,510 75

1979

525 Atrium I

839 5 Ave SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

110,616 10,940 14,239 84

1978

528 800 5th Ave

800 5 Ave SW Marika Chan/403-705-3518/mchan@artisreit.com

257,134

1982

13,850 141

533 715 5 Avenue SW

715 5 Ave SW Tillyard Mgmt/Sharon Schneider/403-531-3663/sschneider@tillyardgroup.com

399,563 7,517 12,600 391

1974

535 639 5 Avenue SW

639 5 Ave SW Northam Realty/Judy Lucas/(416)977-7151/jlucas@northamrealty.com

281,851 8,268 12,000 87

1969/96

536 640 Fifth Avenue SW

640 5 Ave SW Colin Macdonald/403-303-2413/cmacdonald@bentallkennedy.com

250,275 3,806 17,702 102

1980/11

538 622 5th

622 5 Ave SW Barclay Street Real Estate/Dan Harmsen/403-290-0178/dharmsen@barclaystreet.com

42,760

1980

543 Fifth and Fifth

605 5 Ave SW GWL Realty Advisors/Andrew Baird/403-777-4294/ andrew.baird@gwlra.com

470,306 18,992 15,327 244

1980

109,145 6,578

6,410 27

1981

13,500 88

1968

8,073 53

1982

545 Five Ten Fifth

510 5 St SW Aly Lalani/403-270-2493/aly.lalani@colliers.com

546 Aquitaine Tower

540 5 Ave SW Real Properties/Andy Baxter/403-571-3129/andy.baxter@yalecanada.com

246,752

548 520 5 Avenue SW

520 5 Ave SW Chris Law/403-266-5544/chris.law@collierscalgary.com

193,770 8,904

8,264 30

551 441 5 Avenue SW

441 5 Ave SW Aly Lalani/403-270-2493/aly.lalani@colliers.com

64,171 3,020

6,328 0

1973

552 444 5 Avenue SW

444 5 Ave SW Aspen Properties/Brett Koroluk/403-216-2660/apl@aspenproperties.ca

172,858 5,960

8,361 6

1972

142,158

8,250 48

1979

132,323 21,232 13,886 33

1966

553 505 3 Street SW 554 Roslyn Building

505 3 St SW Shannon Potter/403-266-1695/spotter@morguard.com 400 5 Ave SW Aly Lalani/403-270-2493/aly.lalani@colliers.com

555 333 Fifth Avenue

333 5 Ave SW Real Properties/Andy Baxter/403-571-3129/andy.baxter@yalecanada.com

241,457 24,551 15,600 115

1978

558 Calgary Place I

330 5 Ave SW CREIT Mgmt/Geoff Christie/403-235-3443/gchristie@creit.ca

285,077 35,694 11,500 138

1968/06

560 Stock Exchange Tower

300 5 Ave SW Andrew Baird/403-777-4294/andrew.baird@gwlra.com

386,872 17,914 13,500 112

1979

119,588 9,270 14,638 29

1959/00

561 Prospect Place

505 2 St SW Colliers/T Sutcliffe, C Hulsman/Todd.Sutcliffe@colliers.com/Craig.Hulsman@colliers.com

563 Bow Valley Square 3

255 5 Ave SW Oxford Properties Grp/Ryan Sirski/403-206-6482/rsirski@oxfordproperties.com

373,389 36,321 11,742 756

1979/11

565 Bow Valley Square 2

205 5 Ave SW Oxford Properties Grp/Ryan Sirski/403-206-6482/rsirski@oxfordproperties.com

504,608 21,841 13,790 756

1974/11

566 Fifth Avenue Place E

425 1 St SW Brookfield Properties/Dwight Jack/403-770-7200

719,416 48,273 23,000 791

1981

568 TransCanada Tower

450 1 St SW Trans-Canada Pipelines/Doug Slater/403-920-7922/michaelweicker@hrreit.ca

931,187 18,972 28,669 560

2001

585,662 24,462 20,000 849

1983

26,040

5,393 0

1912/04

14,351 138

1983

1979

569 Suncor Energy Centre E 575 North-West Travellers Bldg

111 5 Ave SW Brookfield Properties/Dwight Jack/403-770-7200 515 1 St SE Veruska Ellestad/403-571-4252/veruska.ellestad@avisonyoung.com

618 Place 9-6

940 6 Ave SW Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

157,860

626 Atrium II

840 6 Ave SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

110,190 9,265 14,382 86

629 AMEC Place

801 6 Ave SW Real Properties/Andy Baxter/403-571-3129/andy.baxter@yalecanada.com

409,460 16,365 15,900 256

1982

630 Place 800

800 6 Ave SW Manulife Real Estate/Ben Oldfield/403-355-3002/ben_oldfield@manulife.com

220,090 9,011 12,660 76

1978 1981

632 736 SIXTH

736 6 Ave SW Manulife Real Estate/Kara Vander Herberg/kara_vanderherberg@manulife.com

212,302 5,316

9,506 93

634 Bantrel Tower

700 6 Ave SW Real Properties/Andy Baxter/403-571-3129/andy.baxter@yalecanada.com

224,990 10,694 11,000 34

1968

635 Britannia Building

703 6 Ave SW Artis REIT/Marika Chan/403-705-3518/mchan@artisreit.com

133,803

58/95/16 1962/98

15,324 49

637 Alpine Building

635 6 Ave SW M Lam, I Gillmor/JLL/403-456-2211/Mason.Lam@am.jll.com/Ian.Gillmor@am.jll.com

53,128 6,204 11,641 37

639 Ford Tower

633 6 Ave SW M Lam, I Gillmor/JLL/403-456-2211/Mason.Lam@am.jll.com/Ian.Gillmor@am.jll.com

144,919 1,390

8,080 51

1976

640 Bradie Building

630 6 Ave SW Estancia Investments/Andrew Borle/403-750-2220/aborle@estancia.ca

92,430

7,110 68

1965/75

20,000 150

641 Calgary Court Ctr N Tower

601 6 Ave SW N/A

580,900

2007

644 Petex Building

600 6 Ave SW Barclay Street Real Est/Allan Jones/403-290-0178/ajones@barclaystreet.com

122,189 7,302 12,000 25

1964

646 Calgary House

550 6 Ave SW Manulife Real Estate/Kara Vander Herberg/kara_vanderherberg@manulife.com

169,736 7,005 14,909 69

1966

BOMA CALGARY BUILDING GUIDE 2017-2018

DOWNTOWN MAP BUILDING NAME REF

651 606 4 Street SW

ADDRESS LEASING CONTACT

(TELEPHONE/E-MAIL)

BLDG AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

131,870 7,877

9,129 64

1969/97

654 404 6 Avenue

404 6 Ave SW ICM Realty Grp/Donna MacArthur/403-256-5350/dmacarthur@icmgroup.ca

83,833

12,000 0

1970/06

656 Centrium Place

332 6 Ave SW Triovest Realty Advisors/Darcy Payne/403-209-3492/dpayne@triovest.com

223,767 3,813 16,920 72

2007

464,757 25,313 13,757 189

1980 1981/11

659 Intact Place

606 4 St SW Andrew Harrison/403-270-2493/aharrison@dream.ca

RETAIL AREA

311/321 6 Ave SW B Richards, K Decaire/bill.richards@quadreal.com/kyle.decaire@quadreal.com

662 Bow Valley Square 4

250 6 Ave SW Oxford Properties Grp/Ryan Sirski/403-206-6482/rsirski@oxfordproperties.com

444,765 29,188 11,735 756

665 Brookfield Place Calgary

225 6 Ave SW Brookfield Office Properties/Dwight Jack/403-770-7089/dwight.jack@brookfield.com

1,400,000

27,500 550

2017

666 Bow Valley Square 1

202 6 Ave SW Oxford Properties Gp/Ryan Sirski/403-206-6482/rsirski@oxfordproperties.com

143,553 8,736

9,662 756

1972/11

88,015 21,265 11,851 0

1911/06

63,063

1911/05

667 Lougheed Building

604 1 St SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com/stuart.watson@cbre.com

669 Telephone Building

119 6 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com/stuart.watson@cbre.com

670 Suncor Energy Centre W

150 6 Ave SW Brookfield Properties / Dwight Jack / 403-770-7200

1,121,618 24,462 23,000 849

1983

671 Hanover Place

101 6 Ave SW Avison Young Rl Est Mgmt/E Horne/403-232-4339/eric.horne@avisonyoung.com

238,893 7,276 10,280 53

1982

33,874

1912/05

672 Oddfellows Building 674 The Bow

100 6 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com/stuart.watson@cbre.com 500 Centre St SE Marj Cone/marjcone@hrreit.ca

15,663 28

6,774 0

2,000,000 20,000 36,000 1358 59 -

2011

709 1035 7th

1035 7 Ave SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

75,378

12,940 59

1979/02

710 Parallel Centre

1040 7 Ave SW Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

80,641 2,208 13,241 43

1979

711 1023 7 Avenue SW

1023 7 Ave SW Jim Sekora/403-350-9696/jim@fceproperties.ca

21,500

1982

712 Plaza 1000

1000 7 Ave SW Triovest Realty Advisors/Darcy Payne/403-209-3492/dpayne@triovest.com

160,033 2,420 16,453 244

715 1009 – 7th Ave SW

1009 7 Ave SW Cypress Realty/Kevin Gordon/403-561-1299/kevin@cypressgroup.ca

700

8,548

- -

4,300 13 4,743 5

1965

719 O’Neil Tower

925 7 Ave SW Boardwalk Rental Communities/Lorenzo Bellusci/403-206-6746/lbellusci@bwalk.com

24,816

910 7 Ave SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

149,258 20,295 10,602 131

1982

98,992 5,692

1979

665 8 St SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

2003

722 Northland Building 724 Dominion Centre

9,437 49

726 840 7th Avenue SW

840 7 Ave SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

286,074 22,758 14,447 224

1979/01

729 801 7th Avenue SW

801 7 Ave SW Mitchell J Brody/403-206-2900/mbrody@century-west.com

615,000 17,000 18,000 343

82/00/15

731 Guinness House

727 7 Ave SW Estancia Investments/Andrew Borle/403-750-2220/aborle@estancia.ca

128,511 9,069 10,900 92

1964

732 Life Plaza

734 7 Ave SW Andrew Harrison/403-270-2493/aharrison@dream.ca

237,854 18,143 14,571 99

1980/92

733 Elveden House

717 7 Ave SW Estancia Investments/Andrew Borle/403-750-2220/aborle@estancia.ca

172,140 14,798 7,800 43

1961

O U R B L A N K C A N V A S

Thoughtful commercial construction since 1974.

labbeleech.com

The pulse of Calgary’s commercial real estate industryTM

DOWNTOWN

MAP BUILDING NAME REF

ADDRESS LEASING CONTACT

(TELEPHONE/E-MAIL)

BLDG AREA

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

736 Sierra Place

706 7 Ave SW Artis REIT/Marika Chan/403-705-3518/mchan@artisreit.com

92,108

9,295 63

737 Iveagh House

707 7 Ave SW Estancia Investments/Andrew Borle/403-750-2220/ aborle@estancia.ca

147,879 8,690 10,800 23

58/95/16 1962

739 Encor Place

645 7 Ave SW Cadillac Fairview/Peter Stack/403-571-2532/peter.stack@cadillacfairview.com

362,000 1,604 13,800 109

1988

740 JJ Bowlen Building

620 7 Ave SW robert.ormerod@brookfieldgis.com

121,354

10,112 13

1969

742 Calgary Court Ctr S Tower

600 7 Ave SW N/A

483,500

23,800 150

2007

607,440 6,754 21,500 400

2017

751 TD Canada Trust Tower

743 707 Fifth

421 7 Ave SW 20 VIC Mgmt Inc/Loy Sullivan/403-441-4941/lsullivan@20vic.com

617,371 135,931 18,500 300

1991

752 444 7 Avenue SW

444 7 Ave SW Andrew Harrison/403-270-2499/aharrison@dream.ca

263,143

27,170 118

63/97/16

755 Dome Tower

333 7 Ave SW 20 VIC Mgmt Inc/Ashley Dundas/403-441-4911/adundas@20vic.com

402,809

14,300 218

1977

756 First Canadian Centre

350 7 Ave SW GWL Realty Advisors Inc./A Baird/403-777-4294/andrew.baird@gwlra.com

519,764

13,000 192

1982

758 First Canadian Centre E

310 7 Ave SW Andrew Baird/403-777-4294/andrew.baird@gwlra.com

900,000

759 Scotia Centre 772 Telus Sky 782 Rocky Mountain Plaza 820 1000 8 Avenue SW 823 8W

707 5 St SW Manulife Real Estate/J Murphy/403-264-4616/jaclyn_murphy@manulife.com

700 2 St SW Eugene Elhady/403-296-2916/eugene.elhady@cominar.com 100 7 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com/stuart.watson@cbre.com 615 Macleod Tr SE Andrew Harrison/403-270-2493/aharrison@dream.ca 1000 8 Ave SW Triovest Realty Advisors/Darcy Payne/403-209-3492/dpayne@triovest.com

TBD

475,851 88,631 13,218 84

1977

- -

217,984 25,791 14,074 106 41,930 4,318

2017

1972

8,500 36

1980

903 8 Ave SW Chris Law/403-266-5544/chris.law@collierscalgary.com

139,051 9,138 14,423 43

2008

17,750 324

58/71/2010

8,050 43

1982

1982 1954

824 U of C Downtown Campus

906 8 Ave SW N/A

127,000

825 Century Park Place

855 8 Ave SW Grant Allen/(416)855-1485/gallen@starlightinvest.com

75,814 5,554

827 Panarctic Plaza

815 8 Ave SW Berezan Mgmt (Alta) Ltd/Alison Wallace/403-508-5016/awallace@berezan.ca

151,716 4,491 12,330 134

829 Taylor Building

805 8 Ave SW Rick Urbanczyk/Jones Lang LaSalle/403-456-5579/rick.urbanczyk@am.jll.com

9,135 0

831 First Alberta Place

777 8 Ave SW Berezan Mgmt (Alta) Ltd/Alison Wallace/403-508-5016/awallace@berezan.ca

311,145 10,858 14,489 50

84,797 9,550

1981

832 Petro Fina

736 8 Ave SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

169,327 12,260 15,211 26

1959

833 Western Canadian Place N

707 8 Ave SW B Richards, K Decaire/ bill.richards@quadreal.com/kyle.decaire@quadreal.com

668,860 8,277 18,400 153

1983

835 635 8th Avenue

635 8 Ave SW Cadillac Fairview/Peter Stack/403-571-2532/peter.stack@cadillacfairview.com

273,990 10,098 12,000 155

1983

836 Western Union Building

640 8 Ave SW Real Properties/Andy Baxter/403-571-3129/andy.baxter@yalecanada.com

73,300

6,237 10

1964

838 Strategic Centre

630 8 Ave SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

53,228 9,075

7,604 0

1956/99 1951

842 Barron Building

610 8 Ave SW Laurel Edwards/403-770-2300/ledwards@strategicgroup.ca

130,834 18,881 11,894 55

843 Plains Midstream Plaza

607 8 Ave SW GWL Realty Advisors/Andrew Baird/403-777-0410/andrew.baird@gwlra.com

242,364 15,224 20,372 76

2007

845 Eighth Avenue Pl W Tower

585 8 Ave SW 20 VIC Mgmt Inc/Loy Sullivan/403-441-4941

840,000 50,000 24,000 1143 40

2014

847 Eighth Avenue Pl E Tower

525 8 Ave SW 20 VIC Mgmt Inc/Loy Sullivan/403-441-4941

1,100,000 50,000 24,000 1143 49

2011

848 Watermark Tower

530 8 Ave SW GWL Realty Advisors/Andrew Baird/403-777-0410/andrew.baird@gwlra.com

412,278 27,130 14,431 291

1982

505 8 Ave SW Gordon Realty/Kyle Gordon/403-215-7900

52,750

1955

849 505 8 Avenue SW 851 411

409 & 411 8 Ave SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

8,000 11

47,823 1,185 11,271 0

1954

97,888 3,600

1962/05

853 HSBC Building

407 8 Ave SW Barclay Street Rl Est/Bill Falagaris/403-290-0178/bfalagaris@barclaystreet.com

855 Royal Bank Building

335 8 Ave SW Brookfield Properties/Dwight Jack/403-770-7200

335,000

12,400 1169 24

1969

888 3 St SW Brookfield Properties/Dwight Jack/403-770-7200

822,000

20,500 1169 47

2000

388,585

14,300 218

857 Bankers Hall W 858 Home Oil Tower 859 Bankers Hall E

324 8 Ave SW 20 VIC Mgmt Inc/Ashley Dundas/403-441-4911/adundas@20vic.com 855 2 St SW Brookfield Properties/Dwight Jack/403-770-7200

9,858 0

1977

822,000 253,000 20,500 1169 47

1989 1918

860 Lancaster Building

304 8 Ave SW 20 VIC Mgmt Inc/Ashley Dundas/403-441-4911/adundas@20vic.com

76,402 47,280 8,300 0

861 National Bank

239 8 Ave SW Shannon Potter/403-266-1695/spotter@morguard.com

43,453

14,050 35

1996

867 Leeson & Lineham

209 8 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com; stuart.watson@cbre.com

32,731 5,176

5,020 4

1910/98

868 Kraft Building

222 8 Ave SW Barclay Street Rl Est/Allan Jones/403-290-0178/ajones@barclaystreet.com

7,511 7,511

3,000 0

869 Alberta Block

25,693 25,693 0

871 Alberta Hotel Building

808 1 St SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com/stuart.watson@cbre.com

47,569 30,244 11,000 0

872 Molson’s Bank Building

116 8 Ave SW Triovest Realty Advisors/Darcy Payne/403-209-3492/dpayne@triovest.com

10,042 3,800

1912

873 Young Block

129 8 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com/stuart.watson@cbre.com

8,408 5,336

2002

11,600 0

1891/1978

1907

805 1 St SW Josh Rahme/403-232-4333/josh.rahme@avisonyoung.com

3,100 4 2

1900/08 1888/97

876 Hudson’s Block

102 8 Ave SW Triovest Realty Advisors Inc./Darcy Payne/403-209-3492/dpayne@triovest.com

23,602

878 Doll Block

116 8 Ave SE Triovest Realty Advisors Inc./Darcy Payne/403-209-3492/dpayne@triovest.com

4,911 1,561

1,650 0

1907

883 Burns Building

237 8 Ave SE J Fisher, S Watson/403-263-4444/john.fisher@cbre.com; stuart.watson@cbre.com

73,267 10,034 10,860 0

1912/91 1983

932 Western Canadian Place S

700 9 Ave SW B Richards, K Decaire/ bill.richards@quadreal.com/kyle.decaire@quadreal.com

429,700 8,633 15,120 0

955 Gulf Canada Square

401 9 Ave SW GWL Realty Advisors/Andrew Baird/403-777-4294/andrew.baird@gwlra.com

1,125,780 64,104 48,000 56

1979

255,000 9,000 21,800 179

2008

960 Bankers Court

850 2 St SW Brookfield Properties/Dwight Jack/403-770-7089

963 Penn West Plaza W Tower

215 9 Ave SW Shannon Potter/403-266-1695/spotter@morguard.com

394,061 4,444 21,400 215

2010

965 Penn West Plaza E Tower

207 9 Ave SW Shannon Potter/403-266-1695/spotter@morguard.com

242,263 13,229 26,440 146

2008

1981

1969

968 The Edison

150 9 Ave SW Aspen Properties/Brett Koroluk/403-216-2660/apl@aspenproperties.ca

446,227

971 Tower Centre

131 9 Ave SW Aspen Properties/Brett Koroluk/403-216-2660/apl@aspenproperties.ca

260,956 63,031 62,635 180

16,817 53

975 Palliser One

125 9 Ave SE Aspen Properties/Brett Koroluk/403-216-2660/apl@aspenproperties.ca

395,070 7,230 16,400 300

1970/10

979 Teck Place

205 9 Ave SE Eric Horne/403-232-4339/eric.horne@avisonyoung.com

107,231 7,325 10,725 53

1969

BOMA CALGARY BUILDING GUIDE 2017-2018

The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

BELTLINE

9 AVENUE SW

007 015

044

042

054

046 10 AVENUE SW

9 STREET SW

129

10 STREET SW

125

119

11 STREET SW

12 STREET SW

13 STREET SW

14 STREET SW

117

136

134

11 AVENUE SW

234

12 AVENUE SW

140

138

233

142

063

144

7 STREET SW

106

059

057

152

150 145 147 151

242 244 246

235

250

5 STREET SW

055

043

6 STREET SW

039

8 STREET SW

019 029

249

330 13 AVENUE SW

334

6 STREET SW

5 STREET SW

435

7 STREET SW

8 STREET SW

9 STREET SW

10 STREET SW

11 STREET SW

12 STREET SW

14 STREET SW

440

434

14 AVENUE SW

507

335

15 AVENUE SW

634 16 AVENUE SW

726

9A STREET SW

10 STREET SW

10A STREET SW

11 STREET SW

752

734

749

739

731

725 727

723

638 640

9 STREET SW

17 AVENUE SW

12 STREET SW

13 STREET SW

706

14 STREET SW

730 732

636

CAMERON AV SW

COMMERCIAL

PUBLIC INSTITUTIONS

COVERED SURFACE PARKING

+15 WALKWAY

FUTURE/ON HOLD CONSTRUCTION SITE

RESIDENTIAL

HOTELS

UNDER CONSTRUCTION

FUTURE +15 WALKWAY

PARKS AND GREEN SPACES

BELTLINE MAP BUILDING NAME REF

LRT AND LRT STATIONS

Buildings listed in bold have been certified through BOMA BEST, the leading environmental certification program for commercial buildings. See www.bomabest.com for updates

ADDRESS LEASING CONTACT (TELEPHONE/E-MAIL)

BLDG AREA

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

007 West Village Centre

2011 10 Ave. SW Hardy Neilsen/Garry Miller/403-291-3010/gmiller@norcalgroup.com

30,000

1960

015 1725- 10th Ave SW

1725- 10 Ave SW Avenue Commercial/Steven Butt/403-802-6767/sbutt@avenuecommercial.ca

22,160 5,960

8,100

1980

019 1711

1711 10 Ave SW Colliers/Matt Lannon/403-571-8824/matt.mannon@colliers.com

18,108

7,738

1980

029 Cheviot Professional Bldg

1615 10 Ave SW Shane Olin/403-313-5305/mzaharichuk@blackstonecommercial.com

29,093

10,000 40

1979

039 1313 10th Avenue

1313 10 Ave SW Steve Christian/403-204-2727

47,144

11,786 60

1979

042 1230

1230 10 Ave SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

11,434

37,000 18

1973

043 1003 11 Street

1003 11 St SW Garry Wilkes/403-252-0011

22,118 11,600 11,000 48

2 78/01/03

044 1216

1216 10 Ave SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

61,675

20,384

1974

046 11th Street Crossing

1140 10 Ave SW Charles Starke/403-374-2546/cstarke@shaw.ca

30,000

1976

054 999 8 Street SW 055 10th Avenue House 057 Cooper Block

999 8 St SW Triovest/Darcy Payne/403-209-3492/dpayne@triovest.com 815 10 Ave SW James Mitchell/403-245-2077/certusj@me.com 801 & 805 10 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com, stuart.watson@cbre.com

113,828 1,249

16,261 210

1980

27,000 12,927 13,500 34

1999

35,889

6 1920/96

059 707 10th Avenue

707 10 Ave SW Triovest/Darcy Payne/403-209-3492/dpayne@triovest.com

47,086

063 Kipling Square

601 10 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com, stuart.watson@cbre.com

44,940 2,592

BOMA CALGARY BUILDING GUIDE 2017-2018

5,966

15,695 95

13,000 13

2 1905/80

1977

176

184

180

260

262

169

270

173 276

278

1 STREET SE

258

165

CENTRE STREET

161

159

11 AVENUE SE 1 STREET SW

4 STREET SW

155

2 STREET SW

11 AVENUE SW

183

181

185 284

12 AVENUE SW

12 AVENUE SE

277

281

186

285 384

13 AVENUE SW

488 1 STREET SE

CENTRE STREET

1 STREET SW

2 STREET SW

4 STREET SW

14 AVENUE SW

15 AVENUE SW

559

192

196

12 AVENUE SE

13 AVENUE SE

14 AVENUE SE

15 AVENUE SE

575

579 782

762

754 758

190

MACLEOD TRAIL SE

13 AVENUE SE

483

188

5 STREET SE

168 170 172

164

OLYMPIC WAY SE

162

093

089

3 STREET SE

160

158

087

MACLEOD TRAIL SE

154

10 AVENUE SE

083

077

LIGHT RAIL TRANSIT

067

4 STREET UNDERPASS

082 084 10 AVENUE SW

9 AVENUE SE

9 AVENUE SW

17 AVENUE SE

17 AVENUE SW

771 18TH AVE SW 18TH AVE SW

COLLIERS INTERNATIONAL

MAP BUILDING NAME REF

ADDRESS LEASING CONTACT (TELEPHONE/E-MAIL)

BLDG AREA

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

067 Centre 10

517 10 Ave SW 20VIC/Loy Sullivan/403-441-4901/lsullivan@20vic.com

367,895 20,862 38,986 719

077 MacCosham Place

215 10 Ave SW Daniel Pearse & Assoc/Tim White/403-237-6564/daniel.pearse@hotmail.com

34,838 22,037

082 Palliser Annex

112 10 Ave SE Aspen Prop/Brett Koroluk/403-216-2660/apl@aspenproperties.ca

083 MEG Place

1001 1 St SE Avenue Commercial/Steven Butt/403-802-6767/sbutt@avenuecommercial.ca

PRINTED JUNE 2010

BUILT/ RENO

2014

6,300

3 1912/09

13,000

6,500

2010

49,500

16,500 62

1987

084 Palliser South

140 10 Ave SE Aspen Prop/Brett Koroluk/403-216-2660/apl@aspenproperties.ca

300,474 5,303

17,596 200

2009

089 Demcor Building

239 10 Ave SE J Fisher, S Watson/403-263-4444/john.fisher@cbre.com, stuart.watson@cbre.com

25,458

6,900 106

1905

106 Winwood Place

1324 11 Ave SW Avenue Commercial/Steven Butt/403-802-6767/sbutt@avenuecommercial.ca

29,700 7,726

10,900 52

1980

117 Connaught Centre

1207 11 Ave SW Gordon Rlty/Kyle Gordon/403-215-7900/kyle@gordoncommercialRlty.com

81,480 9,925

12,065 126

1981

119 Stephenson Building

1177 11 Ave SW Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

61,804

9,093 107

1980

125 Eleven Eleven Building

1111 11 Ave SW Gary McKelvie/403-984-9882

47,054 7,240

10,000 73

1981

42,631

134 902 11 Avenue SW 140 Royop Block 142 Building Bloc 144 Joffre Place Map Source: Colliers International

902 11 Ave SW Triovest/Darcy Payne/403-209-3492/dpayne@triovest.com 1060 7 St SW Royop/Jeremy Thal/403-698-8504/jthal@royop.com 720/722/724 11 Ave SW Dan Bowman/403-681-9334/dbowman@shaw.ca 708 11 Ave SW Andrew Harrison/403-536-6544/aharrison@dream.ca

807

14,210 81

3 1926/76

31,000 9,790

6,000

5 1923/05

36,700 16,500

4,000

2007

111,083 12,046 19,781 107

1980

The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

BELTLINE

MAP BUILDING NAME REF

ADDRESS LEASING CONTACT

(TELEPHONE/E-MAIL)

BLDG AREA

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

145 Atrium on 11th

625 11 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com, stuart.watson@cbre.com

33,607 18,407 12,650 52

3 1980/10

147 617 11 Avenue

617 11 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com, stuart.watson@cbre.com

9,000 6,000

3,000

1966

150 Sunrise Square

602 11 Ave SW Riverpark Properties Ltd./Howard Bell/403-253-0600/info@riverparkproperties.ca

58,443 8,857

14,200 94

1979

151 Roberts Block

605 11 Ave SW J Fisher, S Watson/403-263-4444/john.fisher@cbre.com, stuart.watson@cbre.com

51,173 29,207 17,383

3 1915/90

152 5/5

550 11 Ave SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

98,630 3,443

8,966

154 524-11th Ave SW

524-11 Ave SW B Keen, N Preston/403-538-2514/brendan.keen@colliers.com/nick.preston@colliers.com

10,776

5,276

155 525 -11th Avenue SW

525 11 Ave SW R Urbanczyk, A Ramsay/rick.urbanczyk@am.jll.com/adam.ramsay@am.jll.com

9,500

1980

10,000 80

1978

158 Wheatsheaf Building 159 1108 4 Street SW

1015 4 St SW Manulife Real Estate/Ben Oldfield/403-355-3002/ben_oldfield@manulife.com

21,783

10,500 34

160 396 11 Avenue

396 11 Ave SW Avenue Commercial/Steven Butt/403-802-6767/sbutt@avenuecommercial.ca

147,198 4,060

12,039 69

2008

161 333 11 Avenue SW

333 11 Ave SW Brett Koroluk/403-216-2660/apl@aspenproperties.ca

210,810 4,260

14,300 155

1981

162 Vintage Tower II

326 11 Ave SW Rachel Carter/403-232-4304/rachel.carter@avisonyoung.com

115,195 13,003 14,600 115

2003

164 Vintage Tower I

322 11 Ave SW Rachel Carter/403-232-4304/rachel.carter@avisonyoung.com

94,060 10,290 11,700 90

8 1929/99

165 IBM Corporate Park A

227 11 Ave SW Andrew Harrison/403-536-6544/aharrison@dream.ca

123,833 4,235

25,447 311

2002

169 IBM Corporate Park B

211 11 Ave SW Andrew Harrison/403-536-6544/aharrison@dream.ca

124,365

22,426 311

2007

214 11 Ave S.W Shannon Potter/403-266-1695/spotter@morguard.com

200,923

20,000 175

2015

170 11th Avenue Place

1108 4 St SW Avison Young/Fred Clemens/403-232-4312/fred.clemens@avisonyoung.com

45,264

136,017 6,173

1983

172 Paramount

1011 1 St SW Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

53,252 8,076

10,650 27

1981

173 1110 Building

1110 1 St SW TransAlta/Debbie Thor/403-267-7480/debbie_thor@transalta.com

9,800

7,000

1970

176 Clennan Square

110 11 Ave SW Tony Militano/403-770-1827/tmilitano@carboncopydigital.com

180 Customs House

134 11 Ave SE Triovest/Darcy Payne/403-209-3492/dpayne@triovest.com

181 Keynote Office Tower 1

1100 1 St SE Triovest/Darcy Payne/403-209-3492/dpayne@triovest.com

28,000 11,000 14,000 31 74,706

19,160 20

2 1960/09 4 1912/06

283,597 42,600 21,000 370

2009

183 Keynote Res Tower 2 Comm.

225 11 Ave SE Triovest/Darcy Payne/403-209-3492/dpayne@triovest.com

14,883

9,300

2010

184 Tourism Calgary

238 11 Ave SE Todd Shannon/403-750-2351/todds@tourismcalgary.com

25,655

9,500

1950

185 Flamingo Block

229 11 Ave SE Darcy Payne/403-209-3492/dpayne@triovest.com

15,108

5,035

3 1952/02

186 Louise Block

308 11 Ave SE Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

26,444 4,892

13,247 85

2 1910/00

188 Ribtor West

318 11 Ave SE Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

57,925

11,200 46

4 1912/04

190 Ribtor East

334 11 Ave SE Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

50,890

12,000 46

192 Pilkington Building

402 11 Ave SE J Fisher, S Watson/403-263-4444/john.fisher@cbre.com/stuart.watson@cbre.com

53,588

12,374 42

4 1914/99

196 Biscuit Block

438 11 Ave SE J Fisher, S Watson/403-263-4444/john.fisher@cbre.com/stuart.watson@cbre.com

233 Calgary Board of Educ Bldg 234 Dominion Place 235 Petrowest

1221 8 St SW Allan Bietz/403-303-2478/abietz@bentallkennedy.com 906 12 Ave SW David Lees/Jones Lang LaSalle/403-456-5581/david.lees@am.jll.com 1210 8 St SW Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

2008

45,000 7,500

7,500

218,667 6,616

12,000 345

6 1910/14 2010

139,620 18,168 12,636 204

1980

37,402 3,842

9,351

1982

242 Epique House

640 12 Ave SW Darrell Kolbjornsrud/403-689-0782/dkolby@shaw.ca

35,386

10,200

4 1964/11

244 Foundation Building

628 12 Ave SW Dan Hermeson/403-290-0178

39,827

8,650

246 Lorraine, The

620 12 Ave SW Judy Darcy/403-271-9417

25,159

6,000

4 1913/01

249 Braemar Place 252 Citadel West 258 1122 FOURTH

1201 5 St SW Ryan Fleishman/403-225-1331/ryan.fleishman@marfin.ca 540 12 Ave SW Scott Haffner/403-266-1695/shaffner@morguard.com 1122 4 St SW Manulife Real Estate/K Vander Herberg/kara_vanderherberg@manulife.com

260 Lacey Court

344 12 Ave SW Riverpark Prop/Howard Bell/403-253-0600/info@riverparkproperties.ca

262 Central Park Plaza 270 IBM Corporate Park C 276 TransAlta Place II

35,800 5,800

10,000 57

78,315

11,790 76

7 1967/06

10,528 111

1981

1,880

1970

175,071 2,269 -

340 12 Ave SW Jeff Juhala/604-688-9460/jjuhala@concertproperties.com

125,091

9,500 105

1981

220 12 Ave SW Andrew Harrison/403-536-6544/aharrison@dream.ca

102,479

18,032 311

2008

110 12 Ave SW TransAlta/Debbie Thor/403-267-7480/debbie_thor@transalta.com

189,000

20,688 306

1984

• New construction • Commercial glass, glazing and door repair • High rise window replacement • Building envelope assessments and repairs • Commercial building preventative maintenance programs • 24 Hour emergency service

6751 9 Street NE | Calgary, AB T2E 8R9

evolutionglass.com | 403.250.2353 BOMA CALGARY BUILDING GUIDE 2017-2018

“BUILDING CONFIDENCE & TRUST”

• Construction Managers • General Contractors • Corporate Office Interiors • Leasehold Improvements

Serving Calgary’s building industry and its Tenants for over 25 years

403-279-8889

www.royalconstruction.com

CERTIFIED MEASUREMENT PROFESSIONAL Calgary 403-238-3555 msrmasters@shaw.ca calgary@measuremasters.ca

1981

6,965

Evolution Glass Inc. is your one stop commercial glazing contractor.

1979

We produce easy to read computerized “As Built” floor plans of existing Commercial Real Estate measured to BOMA standards. The Solution to your “As Built” needs since 1996. All area measurements are drawn to scale, are guaranteed and backed by a $2,000,000.00 Errors & Omissions Insurance Policy

BELTLINE

MAP BUILDING NAME REF

ADDRESS LEASING CONTACT

277 FFG Building

(TELEPHONE/E-MAIL)

BLDG AREA

1202 1 St SW Simone Skaff/403-252-1189/simone@formans.ca

278 TransAlta Place I 281 Kahanoff Centre 284 Macleod Square 285 Curtis Block

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

10,472 4,702

2,778

1912

110 12 Ave SW TransAlta/Debbie Thor/403-267-7480/debbie_thor@transalta.com

135,000

13,700

1965

105 12 Ave SE Brenda Baber/403-206-4844/admin@tkcca.org

208,000 481

1117 Macleod Tr SE Darcy Payne/403-209-3492/dpayne@triovest.com/403-209-3492/dpayne@triovest.com 215 12 Ave SE Barclay St Real Estate/Dan Harmsen/403-290-0178

20,000 126

12 1982/16

9,358

6,239

21,000

7,000

1969 1980

5,840

1977 1967

334 Terex Place

1301 8 St SW Avison Young/Will Mullane/403-232-4325/will.mullane@avisonyoung.com

22,429 4,930

335 Barclay Square

1300 8 St SW Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

35,827

4,585

384 Victoria Square

1212 1 St SE A. Woessner Construction/Ralph Woessner/403-282-1428

30,857

15,180 50

1978

434 Dorchester Square

1333 8 St SW Gordon Rlty/Kyle Gordon/403-215-7902/kyle@gordoncommercialRlty.com

101,359 7,233

9,990 139

1981

435 Mount Royal Place

1414 8 St SW Aly Lalani/403-536-6544/aly.lalani@colliers.com

63,458 3,900

11,175 101

1979

440 Wesley Church

1315 7 St SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

28,269

14,135

0 1911/50

30,911

6,180

483 M-Tech Building 488 Stampede Station I 507 1451 – 14 Street SW

1401 1 St SE M-Tech/Gideon Shoham/403-233-0740/gideon_shoham@hitachi-id.com 1331 Macleod Tr SE Marika Chen/403-705-3518/mchen@artisreit.com 1451 14 St SW Karen Hermeston/403-750-0809/karen.hermeston@cbre.com

161,672 13,464 18,461 314

2008

10,746

2,650

1990

2004

559 1520 Fourth Street

1520 4 St SW Arcturus Rlty/403-205-7437/dciaciura@arcturusRlty.com

111,692 14,000

9,689 190

1974

575 First West Professional Bldg

1501 1 St SW Boardwalk Rental/Lorenzo Bellusci/403-206-6746/lbellusci@bwalk.com

27,000 3,000

8,000

1979

76,021

11,758 116

1982

1515 8 St SW First Capital Rlty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

193,465 59,986 29,489 269

2018

1550 8 St SW First Capital Rlty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

108,695 48,956 11,000 216

5 1977/15

579 Centre 15

1509 Centre St S Lec Mroczek/403-705-3527/lmroczek@artisreit.com

634 Mount Royal Village West 636 Mount Royal Village (MRV) 638 Mount Royal Centre 640 Mount Royal Village East

850 16 Ave SW First Capital Rlty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca 800-818 16 Ave SW First Capital Rlty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

10,552 3,387

3,471

42,966 21,498

706 First Seventeen Place

1324 17 Ave SW CBRE/Stuart Watson/403-263-4444/karen.hermeston@cbre.com

51,283 1,720

723 1029 17th Avenue SW

1029 17 Ave SW MDC Property Services/Steve Blas/403-253-6950/sblas@mdcproperties.ca

14,091

- -

2 1952/62/97

1958

9,600

1981

1988

725 Shelbourne Place II

1019 17 Ave SW Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

10,357

3,500

726 Rockwood Square

1032 17 Ave SW Cushman Wakefield/Brock Evans/403-261-1121/brock.evans@cushwake.com

22,546 4,109

6,045

1981

727 Shelbourne Place I

1013 17 Ave SW Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

22,380 7,970

9,357

1989

730 Former H R Block bldg

940 17 Ave SW First Capital Rlty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

7,132 3,424

2,377

731 High Street House

933 17 Ave SW Steve Blas/403-253-6950/sblas@mdcproperties.ca

51,296 9,648

7,160

1979

9,908 7,669

2,477

732 Calhoun Block

930, 932 17 Ave SW First Capital Rlty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

734 Shoppes at the Devenish

908 17 Ave SW First Capital Rlty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

40,274 18,000 12,300 64

4 1911/75

739 Mount Royal Block

908 17 Ave SW First Capital Rlty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

44,723 24,131 24,119 146

2006

749 Centre 601

601 17 Ave SW B Keen, N Preston/brendan.keen@colliers.com, nick.preston@colliers.com

21,017 18,009

9,004

1978

1550 5 St SW Monika Blachut/403-266-5000/monika.blachut@arlingtonstreet.ca

752 National Block

34,542 7,972

8,900

1980

754 534

534 17 Ave SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

24,965 4,860

6,275

1976

758 Aurora Building

524 17 Ave SW Avison Young/403-262-3082/eric.demaere@avisonyoung.com

21,272 6,108

4,000

3 1958/09

771 Notre Dame Place

255 17 Ave SW JLL/R Urbanczyk, A Ramsay/rick.urbanczyk@am.jll.com, adam.ramsay@am.jll.com

48,736 5,241

9,940

1981

782 Iona Building

120 17 Ave SW Iona Holdings/Alejandro Henao/alejandro.henao@calgarydiocese.ca

45,000 7,000

9,500

1979

Invest Soundly + Sustainably Our commitment goes beyond the building

cr.bentallkennedy.com

The pulse of Calgary’s commercial real estate industryTM

BOMA CALGARY BUILDING GUIDE 2017-2018

01 (S

) E Y TR A I L

TWELVE MILE COULEE RD. NM ORE IL

TRA

17 AVE.

CROWCHILD TRAIL

TO N

33 AVE.

64 AVE.

W. NOSE CK PK

12 AVE.

N RD

32 AVE.

AVE.

CALGARY CALGARY INTERNATIONAL NAL INTERNATIO AIRPORT AIRPORT

AIRPORT TRAIL

6 4 AVE.

201

MEMORIA L DR.

TRANS-CANADA HIGHWAY

32 AVE.

MCKNIGHT BLVD.

201

17 AVE. S.

BA RL O

BARLOW TRAIL E GD N

MACLEOD TR AIL

HERITAGE DR.

17 AVE.

IAL DR OR . M ME 6 AVE. 9 AVE.

SAIT

COUNTRY HILLS BLVD.

HIGHWAY 201 (STONEY TRAIL)

GLENMORE TRAIL

PEIGAN TRAIL

GLENMORE GLENMORE RESERVOIR RESERVOIR

MOUNT ROYAL UNIVERSITY

. D RD

ON ICHM

SARCEE TRAIL

GLE

BO W

LESW AR D OO R. D

17 AVE.

16 A V

UNIVERSITY OF CALGARY

NOSE HILL PARK

14 ST.

BOW TRAIL

OLD BANFF CO AC H

AIL S H A GANAPPI T R 32 AVE.

. OGD E

L RD .

ILD

JO HN

. HILLS BLVD

T O

TO CROSSIRON MILLS, AIRDRIE, RED DEER, EDMONTON

EDMONTON TRAIL

TR CR OW CH

BOWNESS

RC 4 ST.

P I T R AIL C

563

COUNTRY

TRA NS TO -CA NA DA BANFF/VANCOUVER

NOSE HILL PARK

201

Spy Hill Landfill

EE R

AI TR

SHAG AN

ROCKY RIDGE RD.

A HW

IN G DD BE

85 ST.

V NS

TR CENTRE ST.

69 ST.

Barlow Trail

VEST HILL S BLVD. H AR

52 ST.

37 ST.

36 ST. 36 ST.

O M FALCONRIDGE BLVD.

36 ST.

68 ST.

MÃ&#x2030;TIS TRAIL

40 CENTRE ST.

564

N HIGHWAY 201 (STONEY TRAIL)

52 ST.

SUBURBAN NORTH

RD .

BLACKFOOT TRAIL

SUBURBAN NORTH ID BUILDING NAME

Buildings listed in bold have been certified through BOMA BEST, the leading environmental certification program for commercial buildings. See www.bomabest.com for updates

BUILDING ADDRESS

LEASING CONTACT (TELEPHONE/E-MAIL)

BLDG AREA

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

NE NORTHEAST NORTHEAST NE G7 Ctr 1000 G7 Meredith Block

1000 Centre St NE 611 Meredith Rd NE

Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

55,537 9,214

1982

Ryan Remington/403-255-7005/ryan@remingtoncorp.com

182,475 2,800 19,499 289

915

2016

H3 Harvest Hills Off Pk I

5000, 333 96 Ave NE

Byron Guss/403-212-6384/bguss@qualico.com

71,038 24,000

281

2009

H3 Harvest Hills Off Pk II

6000, 333 96 Ave NE

Byron Guss/403-212-6384/bguss@qualico.com

73,623 24,000

176

2016

H4 7315 8th Street NE

7315 8 St NE

Shannon Potter/403-266-1695/spotter@morguard.com

19,390 9,695

2000

H4 Ctr Eight Ten Bldg A

7777 10 St NE

Scott Haffner/403-266-1695/shaffner@morguard.com

28,888 29,494

2000

H4 Ctr Eight Ten Bldg C

7651-7665 10 St NE

2000

H4 Dawson Seismic H4 Deerfoot Atria S H4 Deerport Ctr

7015 8 St NE 6715 8 St NE 7326 10 St NE

Scott Haffner/403-266-1695/shaffner@morguard.com

25,469 25,578

Chris Law/403-266-5544/chris.law@collierscalgary.com

14,450 7,500

Colin Macdonald/403-303-2413/cmacdonald@bentallkennedy.com

162,046 56,400 1,636

468

1980

Scott Haffner/403-266-1695/shaffner@morguard.com

48,243 15,860

1999

H4 Duncan Bldg

7575 8 St NE

Shannon Potter/403-266-1695/spotter@morguard.com

80,898 24,460

292

2001

H4 Harris Bldg

6732 8 St NE

Allan Bietz/403-303-2434/abietz@bentallkennedy.com

119,578 119,578

465

1982

7019 8 St NE

Chris Law/403-266-5544/chris.law@collierscalgary.com

14,234 7,500

1111 Properties/403-295-0511/cara.jelleau@megasys.com

53,000 12,000

135

2001/15

H4 Honda Canada H4 MegaSys Business Ctr

1111 & 1115 57 Ave NE

H4 Novatel Bldg

1120 68 Ave NE

Shannon Potter/403-266-1695/spotter@morguard.com

90,133 45,000

148

1997

H4 Sobeys West Inc

1020 64 Ave NE

Owner-occupied/778-328-1478/amanda.silvestre@sobeys.com

125,005 40,080

1982

Landsman Properties/(780)402-8854/janet@landsman.ca

53,104 26,000

100

H5 5414 11th Street

5414/5430 11 St NE

H5 808

808 55 Ave NE

Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

80,188

2008

H5 Enform Bldg

5055 11 St NE

ICM Realty Group/Donna MacArthur/403-256-5350/dmacarthur@icmgroup.ca

64,200 17,660

2000

4311 12 St NE

Chris Law/403-266-5544/chris.law@collierscalgary.com Andrew Borle/403-291-3199/aborle@estancia.ca

H5 McCall Court 1, 2 & 3

425

102,989 23,000

339

2008

18,897 18,897

1974

H5 McCall Pk Place A

1331 44 Ave NE

H5 McCall Pk Place B

1323 44 Ave NE

Andrew Borle/403-291-3199/aborle@estancia.ca

23,553 23,553

1975

625 42 Ave NE

Kim West/403-276-2269/kim@pockargroup.com

33,450 33,450

132

1976

H5 Pockar Court H5 YYC Business Ctr

1440 Aviation Pk NE

H6 2020 32 Avenue NE

2020 32 Ave NE

H6 3420 12th Street NE

3420 12 St NE

Westcorp Property Mgmt/Darrin Geddes/(780)989-6166/dgeddes@westcorp.net

41,416

2002

Berezan Mgmt (Alta)/Alison Wallace/403-508-5016/awallace@berezan.ca

108,890 108,890 70,567 141

1981

Chris Law/403-266-5544/chris.law@collierscalgary.com

57,345 58,000

110

H6 Airways Business Plaza

1935 32 Ave NE

Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

67,517 31,972

1986

H6 Deerfoot Court

1144 29 Ave NE

Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

75,138 13,601

177

1982

H6 Deerfoot Jct I & II H6 Deerfoot Junction III

3215 & 3225 12 St NE

Donna MacArthur/403-293-6027/vw@viewwest.net

94,000 31,333

377

1981

1212 31 Ave NE

Donna MacArthur/403-293-6027/vw@viewwest.net

80,016 16,003 1,400

331

1981

1975

1981

H6 Essilor Bldg

3625 12 St NE

Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

7,593

H6 Hampshire Court

3015 12 St NE

Hardy Nielsen/Garry Miller-Norcal/403- 291-3010/gmiller@norcalgroup.com

25,000 12,500

H6 Intl Datashare Bldg H6 PCL Bldg

1223 31 Ave NE 2882 11 St NE

7,593

Triovest Realty Advisors/Darcy Payne/403-209-3492/dpayne@triovest.com

36,000 12,000

2004

Larry Bennett/403-250-4800/lkbennett@pcl.com

30,000 15,000

113

1981

1979

1,000

H6 South Airways Bldg

3016 19 St NE

JLL/Rick Urbanczyk/403-456-5579/Brad@churchillinvestments.com

35,359 18,735

H7 906 – 1 Avenue NE

906 – 1 Ave NE

Coreena Novik/403-750-0502/coreena.novik@cbre.com

17,038

H7 Bridgeland Prof Bldg G7 Ctr 1110

1010 1 Ave NE 1110 Centre St NE

Concert Realty Services/Jeff Juhala/604-688-9460/jjuhala@concertproperties.com

29,293 10,000 6,000

1981

Berezan Mgmt (Alta)/ Alison Wallace/403-508-5016/awallace@berezan.ca

59,182 10,000

1981

H7 Comtech

233 Mayland Pl NE

Cindy Halbauer/403-781-1330/cindy.halbauer@creb.ca

22,358 7,450

1985

H7 CREB Bldg

300 Manning Rd NE

Cindy Halbauer/403-781-1330/cindy.halbauer@creb.ca

55,544 15,870

202

2000

H7 Willowglen Bsnss Pk

809 Manning Rd NE

Stuart Watson/403-750-0540/stuart.watson@cbre.com

31,447 10,482

1121

1980

H7 Willowglen Bsnss Pk

4 Manning Close NE

Stuart Watson/403-750-0540/stuart.watson@cbre.com

22,094 11,047

1121

1980

H7 Willowglen Bsnss Pk

803 Manning Rd NE

Stuart Watson/403-750-0540/stuart.watson@cbre.com

31,450 10,483

1121

1980

H7 Willowglen Bsnss Pk

807 Manning Rd NE

Stuart Watson/403-750-0540/stuart.watson@cbre.com

23,996 11,998

1121

1980

H7 Willowglen Bsnss Pk

801 Manning Rd NE

Stuart Watson/403-750-0540/stuart.watson@cbre.com

35,751 11,917

1121

1980

H7 Willowglen Bsnss Pk

8 Manning Close NE

Stuart Watson/403-750-0540/stuart.watson@cbre.com

34,807 11,602

1121

1980

H7 Willowglen Bsnss Pk

802 Manning Rd NE

Stuart Watson/403-750-0540/stuart.watson@cbre.com

11,082 11,082

1121

1980

H7 Willowglen Bsnss Pk

12 Manning Close NE

Stuart Watson/403-750-0540/stuart.watson@cbre.com

31,279 10,426

1121

1980 2013

I1 RockyView Bsnss Pk A 261024 Dwight McLellan Tr

Shannon Potter/403-266-1695/spotter@morguard.com

143,533 105,577

I1 RockyView Bsnss Pk B 261024 Dwight McLellan Tr

Shannon Potter/403-266-1695/spotter@morguard.com

155,866 155,866

2014

I1 RockyView Bsnss Pk C 261024 Dwight McLellan Tr

Shannon Potter/403-266-1695/spotter@morguard.com

174,800 174,800

2015

I5 Gas Liquids 2

2735 39 Ave NE

Byron Guss/403-212-6384/bguss@qualico.com

58,912 19,000

174

1980/12

I5 Horizon Bsnss Ctr I

2635 37 Ave NE

Berezan Mgmt (Alta)/Alison Wallace/403-508-5016/awallace@berezan.ca

56,118 28,059

179

1981

I5 Horizon Bsnss Ctr II

2611 37 Ave NE

Berezan Mgmt (Alta)/Alison Wallace/403-508-5016/awallace@berezan.ca

23,113 23,113 2,182

1981

I5 Horizon West

2723 37 Ave NE

Concert Realty Services/Jeff Juhala/604-688-9460/jjuhala@concertproperties.com

52,562 26,281

112

1980

Chris Law/403-266-5544/chris.law@collierscalgary.com

57,574 58,000

215

1982 1980/14

I5 Imperial Sq Horizon I6 1935 27 Avenue I6 3016 21 Street NE

3500 25 St NE 1935 27 Ave NE

Brian King/403-774-7111/mgmt@norbergproperties.com

40,197 29,417

3016 21 St NE

Scott Doyle/403-571-4252/scott.doyle@avisonyoung.com

28,064

The pulse of Calgary’s commercial real estate industryTM

SUBURBAN NORTH ID BUILDING NAME

Buildings listed in bold have been certified through BOMA BEST, the leading environmental certification program for commercial buildings. See www.bomabest.com for updates

BUILDING ADDRESS

LEASING CONTACT (TELEPHONE/E-MAIL)

I6 Airways Mall

2323 32 Ave NE

I6 Mayfield Business Pk

2520 23 St NE

I6 Midwest Surveys Bldg

2827 Sunridge Blvd NE

I6 Stockmanâ&#x20AC;&#x2122;s Ctr

2116 27 Ave NE

BLDG AREA

RETAIL AREA

AVG FL PLATE

Berezan Mgmt (Alta)/Alison Wallace/403-508-5016/awallace@berezan.ca

148,244

Donna MacArthur/403-293-6027/vw@viewwest.net

42,178 42,178 9,600

PKNG # OF STALLS FLOORS

27,798 305 160

BUILT/ RENO

1978

1991

blakee@midwestsurveys.com

82,225 41,112

191

1998

Alexi Olcheski/403-232-4332/alexi.olcheski@avisonyoung.com

62,638 22,656

159

1979

I6 Sunridge Business Pk

2571/83 29 St NE

Rick Urbanczyk/403-456-5579/rick.urbanczyk@am.jll.com

23,198 24,000 7,170

2001

I6 Vista Hghts Off Cmpx

1925 & 1933 18 Ave NE

Rick Urbanczyk/403-456-5579/rick.urbanczyk@am.jll.com

196,457 55,000

764

2008

I6 Windfire Bldg

2115 27 Ave NE

I6 Yellow Pages Bldg

2891 Sunridge Wy NE

I7 Centre 720

720 28 St NE

I7 Fifth Avenue Bldg

3016 5 Ave NE

I7 Mayland Heights Bldg

2410 2 Ave SE

I7 Northgate Village Mall

495 36 St NE

I7 Stantec Centre

Barclay Street Real Estate/Ian Robertson/403-290-0178/Irobertson@barclaystreet.com

49,696 24,950

113

1981

Andrew Harrison/403-536-6546/aharrison@dream.ca

87,241 29,080

339

2001

Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

36,902 18,451

100

1980

Steve Blas/403-253-6950/sblas@mdcproperties.ca

69,753 17,440

141

1978

Charles Starke/403-374-2546/cstarke@shaw.ca

58,560

1973

Craig McGinley/403-444-2863/CMcginley@riocan.com

277,389

2174

1980

325 25 St SE

Nicci Fedorek/403-777-0664/nicci.fedorek@gwlra.com

201,409 35,200

520

2003

3030 2 Ave SE

Allan Bietz/403-303-2434/abietz@bentallkennedy.com

112,123 32,000

492

1977

J5 2728 Hopewell Place

2728 Hopewell Pl NE

Allan Bietz/403-303-2434/abietz@bentallkennedy.com

128,554

2000

J5 Hopewell Corp Ctr

2618 Hopewell Pl NE

Allan Bietz/403-303-2434/abietz@bentallkennedy.com

76,812 15,000

258

2007

2012

I7 Telus House

J5 Westwinds Bsnss Cmps IV

Ryan Remington/403-255-7003/ryan@remingtoncorp.com

62,500 47,500

131

2675 36 St NE

Lindsay Hills/403-282-9838/lindsay.hills@nwhreit.com

134,568 10,765 11,461 275

1985

J7 Marlborough Prof Bldg 310, 433 Marlborough Wy NE

Darren Anderson/403-207-6201/danderson@20vic.com

50,859 10,000

3195

1977/02

K7 Ctr Eight Ten Bldg B

Scott Haffner/403-266-1695/shaffner@morguard.com

23,320 23,350

2000

Prime Real Estate Group/403-835-5492/jcowan@the primegroup.ca

65,700 15,000 20,000 320

2017

Ralph Woessner/403-282-1428 56,721

20,940 25,429

J6 Sunridge Prof Ctr

3687 63 Ave NE

7640-7686 8 Ave NE

NW NORTHWEST B3 Royal Vista Prof Ctr II C4 Crowchild Square

4 Royal Vista Wy NW 5403 Crowchild Tr NW

228

1978

C4 Crowfoot Bsnss Ctr

400 Crowfoot Cres NW

Patrick Melton/780-945-2815/patmelton@melcor.ca

67,674 15,758 18,588 231

C4 Crowfoot W Bsnss Ctr

600 Crowfoot Cres NW

Patrick Smith/403-205-7436/psmith@arcturusrealty.com

117,643 29,000 29,000 407

2008

Cadillac Fairview/Peter Stack/403-571-2532/peter.stack@cadillacfairview.com

95,544 23,886 3,939

1971/98 1978/09

D5 Market Mall Exec Prof Ctr D5 Varsity Est Bsnss Ctr

4935 40 Ave NW 1700 Varsity Estates Dr NW

2002

Randy Blasetti, Nick Lupi/403-286-1401/randal@bbbcpa.ca, nick@lupihomes.com

11,662 5,831

D6 Northwest Ctr I

4500 16 Ave NW

Grant Allen/(416)855-1485/gallen@starlightinvest.com

34,193 11,000

1981

D6 Northwest Ctr II

4520 16 Ave NW

Grant Allen/(416)855-1485/gallen@starlightinvest.com

34,176 11,500

1981

E5 Northland Prof Bldg

4600 Crowchild Tr NW

Matt Keenan/403-984-1938/mkeenan@primarisreit.com

52,344 9,500

115

1978

E5 Provident Prof Bldg

4616 Valiant Dr NW

Brian King/403-774-7111/mgmt@norbergproperties.com

27,494 10,800

1974/13

E5 UofC Research Ctr E6 Alastair Ross Tech Ctr E6 Foothills Prof Bldg

3535 Research Rd NW 3553 31 St NW

George Thomson/403-220-6001/gthomson@ucalgary.ca

236,506 47,524

449

1989

Rick Urbanczyk/403-456-5579/rick.urbanczyk@am.jll.com

121,387 50,833

301

1989/00

1620 29 St NW

Lindsay Hills/403-282-9838/lindsay.hills@nwhreit.com

59,460 19,820 5,062

230

1978/11

E6 One Executive Place

1816 Crowchild Tr NW

Stuart Watson/403-750-0540/stuart.watson@cbre.com

93,917 13,292

220

2002

E6 Two Executive Place

1824 Crowchild Tr NW

Stuart Watson/403-750-0540/stuart.watson@cbre.com

24,727 6,000

564

2006

Barclay Street Rl Est/Shirley Ganong/403-290-0178/ sganong@barclaystreet.com

22,000 10,000 10,000

1985

JLL/D Lees, A Ramsay/david.lees@am.jll.com, adam.ramsay@am.jll.com

16,936 16,936

F6 Capitol Hill Ctr F6 Lions Pk

2004 14 St NW 1503-1535 19 St NW

F6 North Hill Ctr Off Tower Ph I

1490 14 Ave NW

Steve Martin/403-303-2439/smartin@bentallkennedy.com

150,000 25,000

2011

F6 North Hill Ctr Prof Bldg

1500 14 Ave NW

Steve Martin/403-303-2439/smartin@bentallkennedy.com

34,119 14,000

120

1960

5,000

1968

1989

F6 Northwest Prof Bldg F6 One Six

1640 16 Ave NW 1510/1520 16 Ave NW

F6 Real Equity Ctr

1716 16 Ave NW

F7 Campana Place

609 14 St NW

F7 Hillhurst Bldg

40,000 8,000 17,525

Jace Jonsson/403-294-7179/jjonsson@barclaystreet.com

28,000 5,000

5,000

1978

Christopher Baradoy/403-705-3527/cbaradoy@artisreit.com

49,498 10,000

112

1982

Christopher Baradoy/403-705-3535/cbaradoy@artisreit.com

62,882 15,500

111

1975

F7 Kensington House

1167 Kensington Cres NW

Andrew Harrison/403-536-6544/aharrison@dream.ca

77,679 19,606 8,677

130

1982

F7 Kensington Place

1240 Kensington Rd NW

Andrew Borle/403-269-4381/aborle@estancia.ca

48,500 15,500 5,919

1981

F7 Kensington Prof Ctr

1228 Kensington Rd NW

Andrew Borle/403-269-4381/aborle@estancia.ca

47,500 10,600 9,000

1981

F7 Melcor Bldg

1422 Kensington Rd NW

Patrick Melton/780-945-2815/patmelton@melcor.ca

24,050 7,900

5,984

1980

David Lees/Jones Lang LaSalle/403-456-5581/david.lees@am.jll.com

45,745 22,890 20,000

1985 1956/92

F7 Plaza 14 F7 Riley Pk Village

301 14 St NW

Great West/403-252-4411/greatwest@telus.net Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

811 14 St NW

Lindsay Hills/403-282-9838/lindsay.hills@nwhreit.com

74,952 22,943

671

257

F7 Westmount Bldg

1601 Westmount Rd NW

1402 8 Ave NW

Real Estate Advisors/Don Rempel/403-264-4002

18,135 6,045

1980

G3 Bisma Ctr

110 Cntry Hills Ldg NW

Nikoline Thomson / Mike Simmt / 780-488-0288 / nthomson@mhagroup.ca

27,496 11,753

2003

3,000

1979

1982

G5 4803 Business Ctr

4803 Centre St NW

Terry Murphy/403-350-4645/terry_murphy@shaw.com

8,065

G6 Braithwaite Boyle Ctr

1701 Centre St NW

Katie Sapieha/403-750-0529/katie.sapieha@cbre.com

55,266 9,211

G6 Centre Eleven

1121 Centre St NW

Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

63,334 12,884 6,039

1981

Adrian Fabro/403-282-9623/

10,898

1979

G6 Fabmar Bldg

2028 10 St NW

G6 Hill Pk Plaza

2411 4 St NW

G7 Perma Plaza

901 Centre St NW

4,500

5,441

Andrew Borle/403-291-3199/aborle@estancia.ca

41,562 20,770 4,924

141

1966

Algi Leung/403-230-0808/perma@shaw.ca

20,000 6,800

1975

BOMA CALGARY BUILDING GUIDE 2017-2018

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All customers are free to purchase natural gas services from the default supply provider or from a retailer of their choice and to purchase electricity services from the regulated rate provider or from a retailer of their choice. The delivery of natural gas and electricity to you is not affected by your choice. If you change who you purchase natural gas services or electricity services from, you will continue receiving natural gas and electricity from the distribution company in your service area. For a current list of retailers you may choose from, visit www.ucahelps.gov.ab.ca or call 310-4822 (toll-free in Alberta). The pulse of Calgary’s commercial real estate industryTM

BOMA CALGARY BUILDING GUIDE 2017-2018 FISH CREEK PROVINCIAL PARK

37 ST.

85 ST.

194 AVE.

STONEY TRAIL

TR.

22x

MA C D LEO

773

24 ST.

B M TO OT

GLENMORE RESERVOIR

MEA

W BO

14 ST.

YON

BLACKFOOT TRAIL

DOW S DR .

TRAI L

SH RD

CAN

A EP

FISH CREEK PROVINCIAL PARK

MEMORIA L DR.

PEIGAN TRAIL

ANDERSON RD.

. N

AND DR. HL SO U T

OG . RD

90 AVE.

BARLOW TRAIL

HERITAGE DR.

201

HIGHWA

TRANS-CANADA HIGHWAY

32 AVE.

17 AVE. S.

GLENMORE RESERVOIR

OGD E

N RD

6 4 AVE.

MCKNIGHT BLVD.

L AI

TRA

MACLEO D

130 AVE.

Shepard Sanitary Landfill

114 AVE.

GLENMORE TRAIL

52 ST.

ORE

CROWCHILD TRAIL

MOUNT ROYAL UNIVERSITY

33 AVE.

17 AVE.

12 AVE.

AVE. N.

O RL W

69 ST.

RICH

SARCEE TRAIL

GLE NM

17 AVE.

IAL DR OR . M ME 6 AVE. 9 AVE.

32 AVE.

36 ST.

37 ST.

. D RD MON

G EDM ON TO N TRAIL

17 AVE.

TRAIL TRA

SAIT

4 ST.

BO W

AVE.N.

14 ST.

64 AVE.

CENTRE ST. N.

BOW TRAIL

I SHAGANA P P UNIVERSITY OF CALGARY

32 AVE.

S H ARLE WO O DR D .

OLD BANFF CO AC H

RD .

36 ST.

563

BOWNESS

52 ST.

TRA

-CA NA TO DA HW BANFF/VANCOUVER

ILD

CH C

CR OW

SUBURBAN SOUTH

TO LETHBRIDGE/U.S.A.

DEERFOOT TRAIL

RD .

TR AIL

SUBURBAN SOUTH ID BUILDING NAME

Buildings listed in bold have been certified through BOMA BEST, the leading environmental certification program for commercial buildings. See www.bomabest.com for updates

BUILDING ADDRESS

LEASING CONTACT (TELEPHONE/E-MAIL)

BLDG AREA

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

SE SOUTHEAST SE SOUTHEAST F3 LocalMotive Crossing G3 Manhattan Vintage

1240 20 Ave SE J Fisher, S Watson/403-263-4444/john.fisher@cbre.com, stuart.watson@cbre.com 4639 Manhattan Rd SE Chris Law/403-266-5544/chris.law@collierscalgary.com

43,561

11,783 75

3 1905/07

30,308

30,308 106

2002

G3 Mtn View Bsnss Campus

100, 3600 4 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

12,517

12,517 54

2010

G3 Mtn View Bsnss Campus

200, 4000 4 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

38,309

19,155 126

2008

G3 Mtn View Bsnss Campus

300, 4000 4 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

68,382

22,575 223

2011

G3 Mtn View Bsnss Campus

400, 4000 4 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

73,270

24,423 242

TBD

G3 Mtn View Bsnss Campus

500, 4000 4 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

77,400

25,801 255

TBD

G3 Mtn View Bsnss Campus

600, 4000 4 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

78,178

26,059 258

TBD

G3 Mtn View Bsnss Campus

700, 4000 4 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

59,157

19,719 195

TBD

2007

G3 Ronmor Bsnss Ctr I

808 42 Ave SE Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

25,000

25,500 68

G3 Ronmor Bsnss Ctr 2

916 42 Ave SE Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

G4 Corner Court 3 G4 Corner Court 4

33,200

33,200 98

2008

6223 2 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

30,594

15,272 200

1997

6227 2 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

13,694

13,694 200

1997

339 50 Ave SE CBRE Ltd/Karen Hermeston/403-263-4444/karen.hermeston@cbre.com

43,277

21,210 49

1954

G4 Manchester Secondary

5151 3 St SE CBRE Ltd/Karen Hermeston/403-263-4444/karen.hermeston@cbre.com

21,600

21,600 37

1972

G4 Northern Prop Bldg

6131 6 St SE Hughie Graham/(867)873-4085/hgraham@npreit.com

33,706

16,853 91

1978

G4 Manchester Bldg

G4 Phillips Park A&B

6020/6120 2 St SE Amy Kelso/403-777-2731/akelso@pbaland.com

174,657

87,329 267

1979

G4 Phillips Park D&C

6115/6215 3 St SE Amy Kelso/403-777-2731/akelso@pbaland.com

84,436

42,218 267

1979

G4 Phillips Square A

5980 Centre St SE Amy Kelso/403-777-2731/akelso@pbaland.com

12,550

12,550 166

1998

G4 Phillips Square B

5970 Centre St S Amy Kelso/403-777-2731/akelso@pbaland.com

27,014

13,507 166

1998

G4 Phillips Square C

5960 Centre St S Amy Kelso/403-777-2731/akelso@pbaland.com

18,835

18,835 166

1998

22,151

11,000 43

1968 1968

G5 Ctr 7500 A G5 Ctr 7500 B G5 Fairmount Shpg Plaza

7500 Macleod Tr SE Barclay Street Rl Est/Shirley Ganong/403-290-0178/sganong@barclaystreet.com 7500 Macleod Tr SE Barclay Street Rl Est/Shirley Ganong/403-290-0178/sganong@barclaystreet.com 9919 Fairmount Dr SE First Capital Realty/Matt Gratton/(604)242-9046/matt.gratton@fcr.ca

17,648

17,648 43

57,790

30,000 164

2 1979/08

G5 Heritage Prof Bldg

8180 Macleod Tr SE Bernie St Pierre/403-259-3972/bstpierre@anthemproperties.com

43,644 1,429

10,911 688

1974

G5 Heritage Square

8500 Macleod Tr SE Artis REIT/Christopher Baradoy/403-705-3573/cbaradoy@artisreit.com

312,458

62,000 851

1981

28,000

10,000 175

1999

121,804

14,449 301

9 1978/08

G5 KingsWy Bldg G6 Southcentre Exec Twr

7101 5 St SE CBRE Ltd/John Fisher/Stuart Watson/403-263-4444 11012 Macleod Tr SE Brittany Marshall/403-206-6419/bmarshall@oxfordproperties.com

G6 Willow Park Ctr

10325 Bonaventure Dr SE Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

77,898 22,517 19,644 207

1978

G7 Agrium Pl

13131 Lake Fraser Dr SE Graham.Canvin@agrium.com

140,000

35,000 220

1999

36,077 372

1981

G8 Atrium VII

340 Midpark Wy SE Allan Okabe/403-253-6950/aokabe@epicrealtypartners.com

101,961

G8 Health Plus Bldg

290 Midpark Wy SE May Sprague/888-688-0608/msprague@canreal.com

31,493 2,706

12,270 197

1982

G8 Mariner Pl

279 Midpark Wy SE Brian Carlin/403-256-3888

34,344

14,000 80

1981

G8 Midnapore Prof Bldg

239 Midpark Wy SE Cushman Wakefield/David Walsh/403-261-1137

22,437

11,219 75

1980

G8 Midpark Bldg

280 Midpark Wy SE ICM Realty Group/Donna MacArthur/403-256-5350/dmacarthur@icmgroup.ca

31,207

16,603 105

2 1981/15

251 Midpark Blvd SE Dean Burnett/403-253-2666

28,149

15,107 62

1981

259 Midpark Wy SE Brian Carlin/403-256-3888

47,288

15,685 91

1981

60,905

20,302 51

2000

27,299

9,033

2003

G8 Midpark Court G8 Midpark Ctr G8 Parke at Fish Creek G9 51 Sunpark Drive SE

14505 Bannister Rd SE Andrew Harrison/403-536-6544/aharrison@dream.ca 51 Sunpark Dr SE Ken Acheson/403-215-0380/lease@kennington.ca

G9 Sundance 1000

1000, 15 Sunpark Plz SE Laurel Edwards/403-770-2300/ledwards@strategicgroup.ca

175,297

43,640 594

2002

G9 Sundance 6000

6000, 15 Sunpark Plz SE Laurel Edwards/403-770-2300/ledwards@strategicgroup.ca

32,260 10,212 10,753 103

2004

179,075

44,769 496

2001

G9 Sundance Pl

23 Sunpark Dr SE Laurel Edwards/403-770-2300/ledwards@strategicgroup.ca

G9 Sunpark Plaza

40 Sunpark Plz SE Lindsay Hills/403-282-9838/lindsay.hills@nwhreit.com

67,470 4,033

21,982 203

2005

G9 Sunpark Plaza

60 Sunpark Plz SE Laurel Edwards/403-770-2300/ledwards@strategicgroup.ca

60,023

15,006 142

2002 1981

H2 221 18 Street SE

221 18 St SE Sharon Biggar/403-770-1976/sharon@theshipgroup.com

47,206

15,735 139

H3 8th Street Business Ctr

3603 8 St SE Luke Stiles/403-984-9800/lstiles@adventcommercial.com

86,054

86,054 112

1 1958/08

H3 West Canadian Bldg

1601 9 Ave SE Glen Simpson/403-232-4329/gsimpson@ay-ab.com

56,000 26,000 10,000 87

H3 Woodstone Bldg

1205 13 St SE Josh Rahme/403-232-4333/josh.rahme@avisonyoung.com

31,023

2 1916/09

H4 1035 - 64th Ave SE

1035 64 Ave SE Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

65,509

32,800 262

H4 1035 - 64th Ave SE

1135 64 Ave SE Allan Zivot/403-232-4307/allan.zivot@avisonyoung.com

43,295

21,648

H4 4027 7th Street SE H4 5925 12 Street SE H4 6025 12 Street SE

4027 7 St SE Ryan Darragh/403-692-4525/rdarragh@ronmor.ca 5925 12 St SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com 6025 12 St SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com

37,953 40

1955

88,518

44,259 94

1979

89,840

44,920 115

1978

43,914

6325 12th St SE Allan Zivot/403-232-4307/allan.zivot@avisonyoung.com

H4 Airstate Ctr

1200 59 Ave SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com 110,267 -

H4 EHS Partnerships Bldg H4 Riverview

4411 6 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com 4303 11 St SE Paul MacKinnon/403-243-0700 1210 58 Ave SE Allan Zivot/403-232-4307/allan.zivot@avisonyoung.com

1977

37,953 4,030

H4 6325 12th Street SE H4 Blackfoot Corp Ctr

2008

36,756

- 438

3 2009

40,845

40,845 162

2006

12,000

12,000 48

1977

14,950

14,950 70

1 1973/03

The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

SUBURBAN SOUTH ID BUILDING NAME

BUILDING ADDRESS

LEASING CONTACT (TELEPHONE/E-MAIL)

BLDG AREA

RETAIL AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

H4 Riverview Atrium I

1209 59 Ave SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com

58,423

29,212 172

1980

H4 Riverview Atrium II

6025 11 St SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com

96,391

32,130 282

1998

H4 Ronmor Bsnss Ctr II

4242 7 St SE Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

105,000

50,000 98

2007

H4 Ronmor Bsnss Ctr III

4129 8 St SE Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

105,000

5,250 128

2007

H4 Securfund Square

6130 4 St SE Scott Doyle/403-571-4252/scott.doyle@avisonyoung.com

66,364

H4 Vintage on Ninth

46,976

46,976 130

2000

H4 Vintage Park A

807 42 Ave SE Allan Bietz/403-303-2434/abietz@bentallkennedy.com

10,560

10,540 26

1999

H4 Vintage Park B

855 42 Ave SE Allan Bietz/403-303-2434/abietz@bentallkennedy.com

33,718

16,859 83

2000

H4 Vintage Park C

885 42 Ave SE Allan Bietz/403-303-2434/abietz@bentallkennedy.com

33,819

16,910 82

2000

H5 12th Street Property

7260 12 St SE Colliers Intl/Warren Hedges/403-298-0411/warren.hedges@collierscalgary.com

85,121

50,716 186

1998

H5 7180 11 Street

7180 11 St SE Howard Bell/403-253-0600/hbell@riverparkproperties.ca

25,369

11,000 81

1986

30 Glendeer Circle SE Ryan Remington/403-255-7003/ryan@remingtoncorp.com

20,258

10,000 245

1998 2007

H5 Glendeer Junction

4124 9 St SE Eugene Elhady/403-296-2916/eugene.elhady@cominar.com

H5 Railway St Corp Ctr I

6835 Railway St SE Colliers Intl/Warren Hedges/403-298-0411/warren.hedges@collierscalgary.com

60,420

20,140 37

H5 Railway St Corp Ctr II

6807 Railway St SE Colliers Intl/Warren Hedges/403-298-0411/warren.hedges@collierscalgary.com

75,767

25,651 49

2007

I2 2936 Radcliffe Dr SE

2936 Radcliffe Dr SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com

13,101

13,101 46

1980 1981

I2 575 28 Street SE

575 28 St SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com

18,972

18,972 21

I2 Franklin Bldg

112 28 St SE Andrew Harrison/403-270-2493/aharrison@dream.ca

50,577

25,288 153

1978

I2 Radisson Ctr

525 28 St SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com

68,611

22,870 157

1981

I3 Deerfoot 17

2710 17 Ave SE Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

68,099

9,728 177

1981

I4 Rangewinds Lafarge

2213 50 Ave SE Ryan Remington/403-255-7003/ryan@remingtoncorp.com

31,770

15,000 129

2016

60,315 1,885

28,978 96

1974

356,020

89,005 1765

2008

I5 Glenmore Commrce Crt

2880 Glenmore Tr SE Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

I5 Jacob’s Eng Bldg

205 Quarry Park Blvd SE Allan Okabe/403-253-6950/aokabe@epicrealtypartners.com

I5 Quarry Central

115 Quarry Park Rd SE Scott Haffner/403-266-1695/shaffner@morguard.com

168,826

57,000 500

2012

I5 Quarry Crossing A

48 Quarry Park Blvd SE Ryan Remington/403-255-7003/ryan@remingtoncorp.com

160,603

33,400 454

2015

I5 Quarry Crossing B

28 Quarry Park Blv SE Ryan Remington/403-255-7003/ryan@remingtoncorp.com

161,926

33,400 473

2015

I5 Quarry Pk Blvd Ctr

110 Quarry Park Blvd SE Chris Law/403-266-5544/chris.law@collierscalgary.com

103,206

34,000 374

2010

I5 Quarry Pk N Campus B

160 Quarry Park Blvd SE Chris Law/403-266-5544/chris.law@collierscalgary.com

59,969

20,953 180

2009

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SUBURBAN SOUTH ID BUILDING NAME

I5 Quarry Pk N Cmps

Buildings listed in bold have been certified through BOMA BEST, the leading environmental certification program for commercial buildings. See www.bomabest.com for updates

BUILDING ADDRESS

LEASING CONTACT (TELEPHONE/E-MAIL)

BLDG AREA

AVG FL PLATE

PKNG # OF STALLS FLOORS

BUILT/ RENO

103,021

34,000 272

2008

I5 Quarry Pk Prof Ctr

109 Quarry Park Blvd SE Artis REIT/Christopher Baradoy/403-705-3573/cbaradoy@artisreit.com

86,474

29,000 352

2009

I5 Quarry Park West

200 Quarry Park Blvd SE Ryan Remington/403-255-7003/ryan@remingtoncorp.com

94,599

30,000 270

2009

200 Rivercrest Dr SE Alexi Olcheski/403-232-4332/alexi.olcheski@avisonyoung.com

88,157

44,078 287

1981

10702 18 St SE Ryan Remington/403-255-7003/ryan@remingtoncorp.com

36,000

18,000 92

2016

69,660

23,220 187

1979

I5 Riverbend Atrium I6 Quarry Pk Child Care I7 2912 Memorial Dr SE I7 Calfrac Bldg I7 Golder Building J3 Clayburn Ctr

140 Quarry Park Blvd SE Nicci Fedorek/403-777-0664/nicci.fedorek@gwlra.com

RETAIL AREA

2912 Memorial Dr SE J Fisher, S Watson/403-750-0540/john.fisher@cbre.com, stuart.watson@cbre.com 335 25 St SE Chris Law/403-266-5544/chris.law@collierscalgary.com 2535 3 Ave SE Allan Okabe/403-253-6950/aokabe@epicrealtypartners.com 1830 52St SE Bruce Ferguson/403-254-6440/bruce.ferguson@lansdowne.ca

22,058 23,000

100

221,668 28,485

372

2008

72,495 54,278 35,190 170

1975

SW SOUTHWEST B2 West 85th Phase I

8561 8A Ave SW Bri-Mor Developments/403-250-5650

66,606 20,482 20,000 56

2013

B2 West 85th Phase II

8560 8A Ave SW Bri-Mor Developments/403-250-5650

41,179

2016

B3 Aspen Lndg 1

288 Aspen Glen Lndg SW West Peaks Real Estate/Mary Ann Stallings/403-716-3163/ mstallings@westpeaks.ca

22,920 13,056

900

2009

B3 Aspen Lndg 2

339 Aspen Glen Lndg SW West Peaks Real Estate/Mary Ann Stallings/403-716-3163/ mstallings@westpeaks.ca

23,247 11,635

900

2009

B3 Aspen Lndg 3

333 Aspen Glen Lndg SW West Peaks Real Estate/Mary Ann Stallings/403-716-3163/ mstallings@westpeaks.ca

29,199 15,460

900

2009

D3 Glenbrook Plaza D3 London Place West D3 Richmond Square E3 Corus Ctr E3 Westbrook Prof Bldg E4 Lincoln Park Ctr E4 Lincoln Park Off Ctr

3715 51 St SW First Capital Realty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

56,333 36,349 24,000 250

2 1980/02/15

5255 Richmond Pl SW First Capital Realty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

157,000 68,419 76,381 328

1 1987/13

3915 51 St SW First Capital Realty/Travis Makoloski/403-257-6894/travis.makoloski@fcr.ca

99,643 80,126 101,721 342

1985

52,000 15,221 17,333 110

2015

1630 37 St SW Darren Anderson/403-207-6201/danderson@20vic.com

50,999

25,500 200

1974

37 Richard Wy SW Nicci Fedorek/403-777-0664/nicci.fedorek@gwlra.com

36,769

12,300 119

2000

47,806

15,935 135

2008

26,000 320

2013

3320 17 Ave SW JLL/Rick Urbanczyk/403-456-5579/rick.urbanczyk@am.jll.com

5 Richard Wy SW Steve Blas/403-253-6950/ sblas@mdcproperties.ca

E4 Westmount 4820

4820 Richard Rd SW B Richards, K Decaire/bill.richards@quadreal.com, kyle.decaire@quadreal.com

159,352

E4 Westmount 4832

4832 Richard Rd SW B Richards, K Decaire/bill.richards@quadreal.com, kyle.decaire@quadreal.com

274,906 34,000

600

8 N/A

E4 Westmount 4838

4838 Richard Rd SW B Richards, K Decaire/bill.richards@quadreal.com, kyle.decaire@quadreal.com

197,525

26,903 269

2009

E4 Westmount 4906

4906 Richard Rd SW B Richards, K Decaire/bill.richards@quadreal.com, kyle.decaire@quadreal.com

61,138

20,380 183

2010

E4 Westmount 4954

4954 Richard Rd SW B Richards, K Decaire/bill.richards@quadreal.com, kyle.decaire@quadreal.com

80,380

21,600 245

2006

E4 Westmount 5010

5010 Richard Rd SW B Richards, K Decaire/bill.richards@quadreal.com, kyle.decaire@quadreal.com

33,529 9,000

11,000 123

2013 2009

F3 Shoppes of Marda Loop

2031 33 Ave SW Ryan Darragh/403-692-4525/rdarragh@ronmor.ca

40,276 22,000 20,138 107

F5 Glenmore Lndg

1600 90 Ave SW Colin Peter/403-538-2717/cpeter@riocan.com

147,234 116,227

2 1980/14

F8 Canyon Mdws Shopg Ctr

75,228 37,614 37,614 310

1979

G3 1800

1800 4 St SW Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

34,144 13,052

1977

G3 2020

2004 4 St SW Ellisa Asaria/403-770-2300/easaria@strategicgroup.ca

136,201 20,000

299

2013

G3 Academy Bldg

1812 4 St SW Chris Chan/403-228-3838/cchan@smittys.ca

42,743 7,121

5,581

1962

G3 Addison House

501 18 Ave SW Chris Chan/403-228-3838/cchan@smittys.ca

42,554 12,050

5,000 124

1962

G3 Alberta Prof Bldg

320 23 Ave SW Colliers/Matt Lannon/403-266-5544/Matt.Lannon@colliers.com

34,715

8,680

4 1970/07

371,481

488

0 28/55/67

G3 Holy Cross G3 Mission Comm Ctr G3 Mission Ctr

11625 Elbow Dr SW B Keen, N Preston/403-538-2512/brendan.keen@colliers.com, nick.preston@colliers.com

2310 2 St SW Bow River Mgmt/Dale Couprie/403-852-4448/dcouprie@bowriverleasing.com 333 24 Ave SW Allan Sherlock/403-243-4446/sri@securerealtyinc.com 2303 4 St SW Sam Nathwani/403-770-2300/snathwani@strategicgroup.ca

6,208 207

53,307 20,000 21,000 88

80,075 17,673

7,546 199

11 1974/2005

2003

G3 Mission Square

2424 4 St SW Alexi Olcheski/403-232-4332/alexi.olcheski@avisonyoung.com

72,625 7,415

4,500 160

1978

G3 Rideau Medical/Dental

1711 4 St SW Chris Chan/403-228-3838/cchan@smittys.ca

35,604 6,228

7,275

1968

G4 4723 1st Street SW

4723 1 St SW CBRE/Stuart Watson/403-264-4444/stuart.watson@cbre.com

28,947

11,600 49

3 1979/05

G4 5800 2nd Street SW

5800 2 St SW Tyler Realty Corp/Doug C Debnam/403-253-0333/doug@tylerrealty.com

12,772

6,350

1978

G4 5824 2nd Street SW

5824 2 St SW Riverpark Properties/Howard Bell/403-253-0600/hbell@riverparkproperties.ca

20,430 3,123

7,000

1979

40,334

40,334 161

1992

15,000 45

1992

66,662 12,766 13,332 102

2014

44,959 4,820

1965

G4 6020 Business Park G4 Atrium Square G4 Britannia Crossing G4 Chinook Prof Bldg

6020 1A St SW Ryan Darragh/403-692-4525/rdarragh@ronmor.ca 4014 Macleod Tr SW Shane Olin/403-313-5305/mzaharichuk@blackstonecommercial.com 5119 Elbow Dr SW Angela Hill/403-209-5555/ah@opuscorp.ca 6455 Macleod Tr SW Cadillac Fairview/Peter Stack/403-571-2532/peter.stack@cadillacfairview.com

48,847 5,500

8,533

G4 Macleod Pl I

5920 Macleod Tr SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

80,723 9,815

10,090 185

1966

G4 Macleod Pl II

5940 Macleod Tr SW Brett Baker/403-770-2300/bbaker@strategicgroup.ca

105,571 4,103

11,730 180

1970

70,500

70,500 234

1 1976/07

G4 Sloane Square G4 Weston Ctr G5 506 71st Avenue SW G6 Horton Park A

5920 1A St SW Ryan Darragh/403-692-4525/rdarragh@ronmor.ca 5819 2 St SW JLL/R Urbanczyk, A Ramsay/rick.urbanczyk@am.jll.com, adam.ramsay@am.jll.com 506 71 Ave SW Kennington Properties/403-215-0380/ken.acheson@kennington.ca 9705 Horton Rd SW Marlene Zaharichuk/403-313-5309/mzaharichuk@blackstonecommercial.com

21,850 3,000

9,700

16,883 2,052

5,628

1980

21,407

9,000

1976

1979

G6 Southland Court

10601 Southport Rd SW Berezan Management (Alta)/Alison Wallace/403-508-5016/AWallace@berezan.ca

71,031 8,190

23,000 350

1980

G6 Southland Park I

10201 Southport Rd SW Shannon Potter/403-266-1695/spotter@morguard.com

275,086 13,123 22,500 889

1978

G6 Southland Park III

10101 Southport Rd SW Shannon Potter/403-266-1695 spotter@morguard.com

142,247

71,124 204

1982

G6 Southland Park IV

10301 Southland Ln SW Shannon Potter/403-266-1695/spotter@morguard.com

241,536

21,040 826

2008

G6 Southland Tower

10655 Southport Rd SW Berezan Management (Alta)/Alison Wallace/403-508-5016/AWallace@berezan.ca

209,643 421

14,585 638

1982

The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

BOMA CALGARY BUILDING GUIDE 2017-2018

INDUSTRIAL 45

AI L TR 9A

217

68 ST.

52 ST.

21 52

PEIGAN TRAIL

TR L

55 42

N RD

25 6

AVE. S. 36 ST.

FALCONRIDGE BLVD.

36 ST. 44 ST. 36 ST.

MEMORIA L DR.

HIGHWAY 201 (STONEY TRAIL)

T O

4 ST.

CENTRE ST. EDMONTON TR A IL

TRANS-CANADA HIGHWAY

52 ST.

TRA

201

BLACKFOOT TRAIL

ORE

AVE.

32 AVE.

33 AVE.

MOUNT ROYAL UNIVERSITY

12 AVE.

17 AVE.

OGD E

69 ST.

TRAI L

SARCEE TRAIL

TRA

MO RICH

32 AVE.

IAL DR OR . M ME 6 AVE. 9 AVE.

D. ND R

GLE

SAIT

BO W

MCKNIGHT BLVD.

. E.N

17 AVE. 85 ST.

16 A V

6 4 AVE.

48 34

32 AVE.

BOW TRAIL

UNIVERSITY OF CALGARY

OLD BANFF CO AC H

563

14 ST.

GLENMORE GLENMORE RESERVOIR RESERVOIR

GLENMORE TRAIL

HERITAGE DR.

AR EP

AND DR. HL SO U T

ANDERSON RD.

114 AVE.

51 15 YON

OM TT

TR.

LEO IL RA DT

22x

DOW S DR .

C MA

MEA

Shepard Sanitary Landfill

130 AVE.

W BO

CAN FISH CREEK FISH CREEK PROVINCIAL PARK PROVINCIAL PARK

90 AVE. 24 ST.

CROWCHILD TRAIL

RD .

9 10

64 AVE.

RL OO DR E S W .

BOWNESS

37 ST.

NS TO -CA NA DA BANFF/VANCOUVER

NOSE HILL NOSEHILL PARK PARK

37 ST.

TRA

AIL AGANAPP I TR SH

ILD

DEERFOOT TRAIL

CALGARY CALGARY INTERNATIONAL INTERNATIONAL AIRPORT AIRPORT

BARLOW TRAIL

HARVEST HIL

A IL TR

CE E SA R

CH A

LL HI SE NO

AIRPORT TRAIL

W. NOSE CK PK

. ST

564

20 28

TO N

SHAGANA PP I

( 01

GHWAY 2 HI

. HILLS BLVD

COUNTRY

COUNTRY HILLS BLVD.

MACLEO D

A TR

TR A

ST O N

IN G DD BE

IL )

201

14 ST.

DE ER F

2 53

LS B V D. L

Spy Hill Landfill

201

Barlow Trail

ON M

ROCKYRIDGE RD.

CENTRE ST.

HIGHWAY 201 (STONEY TRAIL)

TWELVE MILE COULEE RD.

TO CROSSIRON MILLS, AIRDRIE, RED DEER, EDMONTON

STONEY TRAIL

773

194 AVE.

SE TO LETHBRIDGE/U.S.A.

The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

INDUSTRIAL

BUILDING NAME

Buildings listed in bold have been certified through BOMA BEST, the leading environmental certification program for commercial buildings. See www.bomabest.com for updates

BUILDING ADDRESS BOMA LEASING CONTACT (PHONE/E-MAIL) MBR

SIZE IN SINGLE/ SQ. FT. MULTI-TENANT

RANGE OF BAY SIZE

CLG HT

DOCK/ RAIL DRIVE-IN ACC.

YEAR BUILT

1 ACADIA 2 AIRWAYS 4001 19th St NE

4001 19 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

37,385

2,300–10,000

DD/LD

1978

4001 to 4019 McKnight

4019 23 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

15,787

1,440–3,360

1976

3 ALBERT PARK 4 BONNYBROOK 1400 41 Ave SE

1400 41 Ave SE

Rick Pauloski

403-640-0661/rickp.harmin@shaw.ca

30,720

1400 42 Ave SE

Rick Pauloski

403-640-0661/rickp.harmin@shaw.ca

15,600

1500 41 Ave SE

Rick Pauloski

403-640-0661/rickp.harmin@shaw.ca

16,000

1500 42 Ave SE

Rick Pauloski

403-640-0661/rickp.harmin@shaw.ca

12,800

4138 16 St SE

Rick Pauloski

403-640-0661/rickp.harmin@shaw.ca

9,000

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

30,200

Rick Pauloski

403-640-0661/rickp.harmin@shaw.ca

20,600

4138 16 Street SE 4150 14A St SE

4150 14A St SE

1967

5 BURBANK 6303 Burbank Rd SE

6303 Burbank Rd SE

6 BURNS Burbank Building #1

5737 Burbank Rd SE Y

Burbank Industrial #2

5740 Burbank Cres SE Y

Rick Pauloski

403-640-0661/rickp.harmin@shaw.ca

55,617

4,500–16,900

DD/LD

1972

Shannon Potter

403-213-9701/spotter@morguard.com

55,394

4,256–23,200

DD/LD

1972

7 CALGARY INTERNATIONAL AIRPORT McCall North Trade Pk A

8001 21 St NE

Shannon Potter

403-213-9701/spotter@morguard.com

75,997

9,154

1988

McCall North Trade Pk B

2100 78 Ave NE

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

102,991

350–3,463

1980

155 Crowfoot Wy

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

15,316

8 CROWFOOT 155 Crowfoot Way

5,319–9,997

1989

9 DEERFOOT CAL039 Honda

7019 8 ST NE

Sean Flathers

sflathers@telsec.ca

14,234

DD/LD

CAL040

7015 8 ST NE

Chris Law

403-571-8770/chris.law@colliers.com

14,540

DD/LD

1978 1978

Harris Building

6732 8 St NE Y

Chris Law

403-571-8769/chris.law@colliers.com

119,551

20,000–45,000

LD/DD

1985

10 DEERFOOT BUSINESS CENTRE B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 171,850

Calgary Airfreight & Logistics Ctr

72 Avenue Business Centre

928 1058 72 Ave NE 46 Aero Dr NE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

83,516

85,316

LD/DD

2007

Calgary Airfreight & Logistics Ctr

47 Aero Dr NE Y

Nicci Fedorek

403-777-0664/nicci.fedorek@gwlra.com

101,661

6,500–36,192

2009

Calgary Airfreight & Logistics Ctr

49 Aero Dr NE Y

Nicci Fedorek

403-777-0664/nicci.fedorek@gwlra.com

65,150

6,500–19,687

2009

Calgary Airfreight & Logistics Ctr

52 Aero Dr NE Y

Nicci Fedorek

403-777-0664/nicci.fedorek@gwlra.com

111,937

26,335–54,750

LD/DD

2007

Calgary Airfreight & Logistics Ctr

58 Aero Dr NE Y

Nicci Fedorek

403-777-0664/nicci.fedorek@gwlra.com

140, 000

38,351–50,750

LD/DD

2008

11 DOUGLASDALE 3132 118 Ave SE

3150 114 Ave SE 3320 to 3336 114 Ave SE

3132 118 Ave SE

Nicci Fedorek

403-777-0664/nicci.fedorek@gwlra.com

63,451

2004

3150 114 Ave SE

Sean Flathers

sflathers@telsec.ca

6,623

2004

3320–3336 114 Ave SE

Sean Flathers

sflathers@telsec.ca

19,911

3,939–8,032

1999

11500 35th St SE

11500 35 St SE

Sean Flathers

sflathers@telsec.ca

69,062

1,148–22,656

1999

11505 35 St SE

Sean Flathers

sflathers@telsec.ca

25,456

9,550–15,906

2004

3122 114 Ave SE

Sean Flathers

sflathers@telsec.ca

9,954

2001

3130 114 Ave SE

Sean Flathers

sflathers@telsec.ca

13,819

2000

3364 114 Ave SE

Sean Flathers

sflathers@telsec.ca

20,000

2000

3400 to 3424 114 Ave SE

3400–3424 114 Ave SE

Sean Flathers

sflathers@telsec.ca

19,908

2,370–3,332

2001

3500-3520 114 Ave SE

3500–3520 114 Ave SE

Sean Flathers

sflathers@telsec.ca

23,081

3,510–6,768

2002

3528 & 3532 114 Ave SE

Sean Flathers

sflathers@telsec.ca

7,400

2,272–4,832

2003

3595 114 Ave SE

Sean Flathers

sflathers@telsec.ca

20,371

9,982–10,389

2007

6980 108 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 226,897

Sean Flathers

sflathers@telsec.ca

90,000–146,000

3528 &3532 114 Ave SE 3595 114 Ave SE

12 DUFFERIN Canal Industrial Pk South Glenmore Distribution Centre

5500 84 Ave SE Y

345,674

LD/DD 30

LD/DD

2008 1974

13 EAST FAIRVIEW Glenmore Centre 01

7007 5 St SE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

23,191

DD/LD

Glenmore Centre 02

7003 5 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

52,981

1975

Glenmore Centre 03

7004 5 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

79,204

DD/LD

1975

Glenmore Centre 05

610 70 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

44,311

1,500–12,000

1985

Glenmore Centre 07

6810 6 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

31,726

5,500–18,000

1978

3,000–21,000

3,000–15,000

Glenmore Centre 08

6812 6 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

56,754

1978

Glenmore Centre 10

6908 6 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

31,467

1978

1976

Glenmore Centre 11

6910 6 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

21,189

Glenmore Centre 19

7710 5 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

58,853

BOMA CALGARY BUILDING GUIDE 2017-2018

2,000–10,000

INDUSTRIAL

BUILDING NAME

BUILDING ADDRESS

BOMA LEASING CONTACT (PHONE/E-MAIL) MBR

SIZE IN SINGLE/ SQ. FT. MULTI-TENANT

RANGE OF BAY SIZE

CLG HT

DOCK/ RAIL DRIVE-IN ACC.

YEAR BUILT

Glenmore Centre 20

550 71 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

57,825

3,000–13,000

1982

Glenmore Centre 21

616 71 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

21,894

3,000–13,000

1985

Glenmore Centre 22

7131 6 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

29,002

1982

Glenmore Centre 23

7111 6 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

64,330

1985

Glenmore Centre 24

7121 6 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

19,274

1982

611–615 & 7210–7610 5 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

164,038

1975

3961 106 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

153,089

2006

AHS Warehouse

3961 106 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

153,089

Chevron

4055 106 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

153,087

32 32

Glenmore Centre Industrial AHS Warehouse

14 EAST LAKE

Eastlake Business Centre 1

11150 38 St SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

420,943

Eastlake Business Centre 2

11133 40 St SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

80,143

2006

Kal Tire

10999 40 St SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

20,200

2007

Wolsely

2006

Aurora Elliot

403-268-9841/aelliot@creit.ca

86,973

2005

4540 104 Ave SE

Nicci Fedorek

403-777-0664/nicci.fedorek@gwlra.com

15,716

2008

4615 112 Ave SE #100

4615 112 Ave SE (100)

Sean Flathers

sflathers@telsec.ca

16,183

1,730–1,838

2012

4615 112 Ave SE #200

4615 112 Ave SE (200)

Sean Flathers

sflathers@telsec.ca

14,411

1,713–1,845

2012

4615 112 Ave SE #300

4615 112 Ave SE (300)

Sean Flathers

sflathers@telsec.ca

26,598

3,156–8,672

2012

4615 112 Ave SE #400

4615 112 Ave SE (400)

Sean Flathers

sflathers@telsec.ca

23,341

3,248–13,756

2012

Eastlake I

11195 42 St SE Y

Sean Flathers

sflathers@telsec.ca

165,385

37,684–78,294

DD/LD

2007

Eastlake II

4141 110 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

139,418

33,160–66,321

DD/LD

2008

Eastlake Industrial Bldg A

3967 112 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

101,133

14,400–36,267

DD/LD

2006

Eastlake Industrial Bldg B

4069 112 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

84,446

11,815–42,271

DD/LD

2006

Eastlake Portico Bldg A

3900 106 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

116,140

8,154–22,740

DD/LD

2005

4540 104 Ave SE

10775 42 St SE Y

17,710

2006 2004/05

Eastlake Portico Bldg B

4000 106 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

252,567

59,291–116,308

DD/LD

2005

Eastlake Portico Bldg C

4100 106 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

189,215

88,194–101,021

DD/LD

2005

1999

15 EASTFIELD Eastfield Phase I

4550 50 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

70,217

4,600–6,100

Eastfield I

4788 50 Ave SE Y

Shannon Potter

403-213-9701/spotter@morguard.com

39839

7,248–9,191

2001

Eastfield II

4807–4923 47 St SE Y

Nicci Fedorek

403-777-0664/nicci.fedorek@gwlra.com

235758

16,171–75,437

2000

16 FOOTHILLS 2915 to 2925 Barlow Trail

2925 58 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

15,558

2,400–3,200

1976

3227-56 Ave SE

3227 56 AveSE Y

John Vautour

403-536-3549/jvautour@dream.ca

7,204

1,500

1977

3503 to 3521 Barlow Trail

3521 62 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

13,371

1,200–2,400

LD/DD

1975

3716-56 Ave SE

3716 56 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

48,300

2,600

1980

3916 61 Ave SE

3916 61 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

99,978

3925-56 Ave SE

3925 56 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

50,320

4425 64 Ave SE

Aurora Elliot

403-268-9841/aelliot@creit.ca

8,867

2,200–10,000

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

157,933

9,200–13,800

LD/DD

2000

52nd St Business Centre (North) 52nd St Business Centre (South) 52nd St Commerce Centre 5550-36 St SE

4800 52 St SE Y

32,000–67,676 4,000

1980 1980

4900 52 St SE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

147,180

9,200–32,200

LD/DD

2000

5251 48 Ave SE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

96,076

14,400–33,800

2000

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

47,118

1,200–3,000

1980

5550 36 St SE Y

5700 Barlow Tr SE

5700 Barlow Tr SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

12,718

1,400

1980

5710 Barlow Tr SE

5710 Barlow Tr SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

8,392

1,400

1977

5815-40 St SE

5815 40 St SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

40,300

1,200–2,000

1981

5915-40 St SE

5915 40 St SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

27,873

1,200–2,000

1980

5920 30 St SE

5920 30 St SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

30720

DD/DI

1975

5935-35th St SE

5935 35 St SE Y

Rick Pauloski

403-259-2886/rickp.harmin@shaw.ca

36,060

1979

5940 30 St SE

Aurora Elliot

403-268-9841/aelliot@creit.ca

30720

1975

6112 30 St SE

Rick Pauloski

403-259-2886/rickp.harmin@shaw.ca

30720

1977

6804 to 6818 Barlow Trail

6818 30 St SE Y

Rick Pauloski

403-259-2886/rickp.harmin@shaw.ca

29,998

3,000–13,000

LD/DD

1976

7004 to 7042 Barlow Trail

7042 30 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

94,029

4,100–16,500

LD/DD

1976

7503-35 St SE

7503 35 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

219,151

8,021–32,000

LD/DD

1975

7504 30 St SE

7504 30 St SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

138,729

9112 to 9192 Foothills S. Bus. Ctr

9192 52 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

129,725

East Foothills Industrial Pk, Bldg 1

4770 68 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 338,394

East Foothills Industrial Pk, Bldg 2

4990 68 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 264,668

East Foothills Industrial Pk, Bldg 3

6505 48 St SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 385,227

East Foothills Industrial Pk, Bldg 4

4901 68 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 348,102

East Foothills Industrial Pk, Bldg 5

6403 48 St SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 270,443

East Foothills Industrial Pk, Bldg 6

4900 64 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 51,142

1,400–4,000

16,000–116,000 9,613–22,310

The pulse of Calgary’s commercial real estate industryTM

2005

INDUSTRIAL

BUILDING NAME

BUILDING ADDRESS

BOMA LEASING CONTACT (PHONE/E-MAIL) MBR

SIZE IN SINGLE/ SQ. FT. MULTI-TENANT

RANGE OF BAY SIZE

CLG HT

DOCK/ RAIL DRIVE-IN ACC.

East Foothills Industrial Pk, Bldg 7

5000 64 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 52,649

East Foothills Industrial Pk, Bldg 8

5100 64 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 37,821

East Foothills Industrial Pk, Bldg 9

5200 64 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 36,470

Foothills East Building

2600 61 Ave SE Y

Shannon Potter

403-213-9701/spotter@morguard.com

Foothills North, Bldg 1

5353 50 St SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com

181,474

33,470–83,065

Foothills North, Bldg 2

5367 50 St SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 128,131

LD/DD

Foothills North, Bldg 3

5375 50 St SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 159,260

LD/DD

YEAR BUILT

1999

Foothills Phase II Bldg D

4639 72 Ave SE Y

Shannon Potter

403-213-9701/spotter@morguard.com

235,119

32,975–235,119

DD/LD

1992

Foothills Phase II Bldg B

7403 48 St SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

87,991

2,560–46,761

1992

Foothills Phase II Bldg C

7505 48 St SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

264,459

2,500–222,732

DD/LD

1992

4920–5280 72 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

268,094

42,014–68,780

DD/LD

1992

Foothills Phase VI Bldg A

7151 44 St SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

157,764

37,142–78,698

DD/LD

1998

Foothills Phase VI Bldg B

7139 44 St SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

138,872

17,618–77,859

1998

Foothills Phase III

7115 48 St SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

111,664

11,569–44,100

DD/LD

2007

Foothills West Building

Foothills Phase VII

2510 61 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

183,192

43,690–79,500

1999

Pk 61

4215 61 Ave SE Y

Shannon Potter

403-213-9701/spotter@morguard.com

57,420

6,400

1976

Pk 61

4315 61 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

57,206

6,400

LD/DD

1976

Pk 61

4415 61 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

42,820

4,800

1978

Pk 61

4451 61 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

43,056

4,800

1978

Prime Foothills North A

4605–4649 52 Ave SE

Aurora Elliot

403-268-9841/aelliot@creit.ca

202,141

Prime Foothills North B

4707–4733 52 Ave SE

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

158,796

Prime Foothills North C

5003–5052 52 Ave SE

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

163,554

Prime Foothills North D

5211–5241 52 St SE

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

75,000

South Foothills, Bldg A

6060 90 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 356,331

South Foothills, Bldg B

8801 60 St SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 245,471

South Foothills, Bldg C

6075 86 Ave SE

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 247,916

Trillium C

7007 54 St SE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

86,115

2009

Trillium D

7007 54 St SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

91,894

2009

2700 61 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

43,000

DD/LD

1999

85 Freemont Blvd NE

85 Freemont Blvd NE Y

Shannon Potter

403-213-9701/spotter@morguard.com

52,678

25,730–26,948

DD/LD

2007

89 Freemont Blvd NE

89 Freemont Blvd NE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

154,986

77,397–7,789

2007

Veritas Building

17 FREEPORT

Airport Pk A

10707 25 St NE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

122,493

12,044–21,873

DD/LD

2007

Airport Pk B

10725 25 St NE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

95,788

15,553–36,422

2008

Airport Pk C

10761 25 St NE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

90,551

15,547–31,200

DD/LD

2008

Airport Pk D

10710 25 St NE

Brendan Davies

403-245-4447/bdavies@triovest.com

147,000

14,428–41,353

DD/LD

2013

Airport Pk E

10720 25 St NE

Brendan Davies

403-245-4447/bdavies@triovest.com

96,123

4,591–23,245

DD/LD

2013

611 615 71 Avenue SE

611–615 71 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

5,721

1979

7210 7610 5 Street SE

7210–7610 5 St SE Y

John Vautour

403-536-3549/jvautour@dream.ca

5,721

1979

18 GLENMORE BUSINESS PARK

19 GREAT PLAINS CREIT Distribution E & F CREIT Distribution J

6900 54 St SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

149,957

9,500–75,000

2007

5555 69 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

254,351

57,000–108,000

2002

CREIT Distribution K

5667 69 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

169,093

2007

CREIT Distribution L

5664 69 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

309,690

50,000–124,000

2005

158,594–252,966 33

Great Plains/ Kraft

5801 72 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

411,560

Great Plains A

5329 72 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

92,387

Great Plains B

5353 72 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

180,155

41,000–83,062

2002

Great Plains Bldg A

5505 72 Ave SE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

34,706

38,743–186,476

DD/LD

2009

1,200–5,600

DD/LD

2009

2001/2

Great Plains Bldg B

5543 72 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

311,310

65,000–140,840

DD/LD

2009

Great Plains C

5381 72 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

201,524

15,497–62,177

2001/2

Great Plains Industrial Pk 1

1720 115 Ave NE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

393,674

18,700+

2013

Great Plains Industrial Pk 2

1802 118 Ave NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

301,673

14,300+

2013

Great Plains Industrial Pk 3

1881 120 Ave NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

384,931

17,600+

2015

8009 57 St SE

Phil Brown

403-234-3109/pbrown@oneproperties.com

26,112

LD/DI

2013

4528 6A St NE

Wayne Berry

403-301-7728/wayne@target-realty.com

12,000

1972

Pockar Court Building B

625 42 Ave NE

Kim West

403-276-2269/kim@pockargroup.com

33,450

1976

4300 5 St NE

Kim West

403-276-2269/kim@pockargroup.com

14,000

LD/DD

1994

Tull Business Centre 1

20 GREENVIEW

Pockar Pk Building C

BOMA CALGARY BUILDING GUIDE 2017-2018

2,400–4,800

INDUSTRIAL BUILDING NAME

BUILDING ADDRESS

BOMA LEASING CONTACT (PHONE/E-MAIL) MBR

SIZE IN SINGLE/ SQ. FT. MULTI-TENANT

RANGE OF BAY SIZE

CLG HT

DOCK/ RAIL DRIVE-IN ACC.

YEAR BUILT

Pockar Pk Building D

4416 5 St NE

Kim West

403-276-2269/kim@pockargroup.com

20,640

3,800–5,800

1980

Pockar Pk Building E

4500 5 St NE

Kim West

403-276-2269/kim@pockargroup.com

42,626

3,690–7,700

1981

Pockar Pk Building EE

4600 5 St NE

Kim West

403-276-2269/kim@pockargroup.com

42,078

8,000–20,000

1981

Pockar Pk Building F

4632 5 St NE

Kim West

403-276-2269/kim@pockargroup.com

20,000

4,000–12,000

1980

Pockar Pk Building H

4639 6 St NE

Kim West

403-276-2269/kim@pockargroup.com

24,400

3,000–3,200

1980

Pockar Pk Building I

4619 6 St NE

Kim West

403-276-2269/kim@pockargroup.com

29,280

3,600–7,200

1979

Pockar Pk Building J

4539 6 St NE

Kim West

403-276-2269/kim@pockargroup.com

29,280

3,600–7,500

1979

Pockar Pk Building K

4429 6 St NE

Kim West

403-276-2269/kim@pockargroup.com

24,400

3,000–6,000

1979

9715 Horton Rd SW

Kim West

403-276-2269/kim@pockargroup.com

17,754

520–3,716

1974

9727 Horton Rd SW

Sean Flathers

sflathers@telsec.ca

17,070

1,490–4,532

1979

9805 Horton Rd SW

Sean Flathers

sflathers@telsec.ca

21,136

1,440–9,000

1978

9815 Horton Rd SW

Sean Flathers

sflathers@telsec.ca

16,021

1972

21 HAYSBORO

22 HIGHFIELD 1301 to 1313 Hastings Cr SE

1313 Hastings Cres SE

Sean Flathers

sflathers@telsec.ca

LD/DD/DI N

1971

1345 Highfield Cres SE

ICM Realty Group

403-256-5350/knault@icmgroup.ca

14,190

1997

1517 to 1521 Hastings Cr SE

1521 Hastings Cres SE

Kim West

403-276-2269/kim@pockargroup.com

28150

LD/DD

1972

1557 to1569 Hastings Cres

1561 Hastings Cres SE

ICM Realty Group

403-256-5350/knault@icmgroup.ca

41756

LD/DI

1972

4021 to 4025 9 St SE Y

ICM Realty Group

403-256-5350/knault@icmgroup.ca

45,344

4021 to 4025 9 St SE

4,500

7,586–14,917

4324 12 Str SE

4324 12 St SE

John Vautour

403-536-3549/jvautour@dream.ca

28000

915 to 935 48 Ave SE

935 48 Ave SE

ICM Realty Group

403-256-5350/knault@icmgroup.ca

48,320

1970

1968

3,300–8,400

LD/DD

23 HORIZON 2721 Hopewell Place NE

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

37,690

18,845

3510 29 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

65,010

1600–31,000

LD/DD

1998

2730 39 Ave NE Y

Don Miller

403-536-6542/dmiller@dream.ca

110,464

10,600–37,500

LD/DD

2000

Hopewell Business Pk Bldg B

4300 26 St NE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

110,944

33,800–77,200

LD/DD

2000

Hopewell Business Pk Bldg C

2611 Hopewell Pl NE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

73,486

10,000–30,000

LD/DD

2000

Hopewell Business Pk Bldg D

4303 26th St NE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

98,571

10,500–50,000

Hopewell Business Pk Bldg E

4152 27 St NE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

97,105

9,400–75,000

LD/DD

2005

Hopewell Business Pk Bldg G

2808 Hopewell Pl NE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

64,318

10,600–15,000

LD/DD

2005

Hopewell Business Pk Bldg H

2765 48 Ave NE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

98,757

28,900–40,000

LD/DD

2002

3510 29th St NE Hopewell Business Pk Bldg A

2721 Hopewell Pl NE Y

24 MAYLAND HEIGHTS Mayland Mayland C Nexus

2410 2 Ave SE

Charles Starke

403-374-0441/cstarke@shaw.ca

46,072

2421 Centre Ave

Charles Starke

403-374-0441/cstarke@shaw.ca

30,111

2424 2 Ave SE

Charles Starke

403-374-0441/cstarke@shaw.ca

12,800

LD/DD

25 MCCALL 1135 to 1149 Deerfoot

1149 45 Ave NE Y

Allan Bietz

403-303-2434/abietz@bentallkennedy.com

21,552

2,700

1974

1139 to 1165 Deerfoot

1165 40 Ave NE Y

Don Miller

403-536-6542/dmiller@dream.ca

57,402

4,096–20,480

LD/DD

1974

4402 to 4434 Deerfoot

4434 10 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

54,006

2,880–14,400

LD/DD

1974

4502 to 4516 Deerfoot

4516 10 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

28,653

3,600–7,200

1974

4504 to 4576 McKnight

4576 14 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

57,004

1,440–4,320

LD/DD

1976

4620 to 4640 Deerfoot

4640 11 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

21,124

1,920

LD/DD

1971

4710 to 4760 McKnight

4760 14 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

72,906

1,780–9,000

LD/DD

1976

4710 to 4760 McKnight

4760 14 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

72,908

1,780–9,000

LD/DD

1976

CAL029 Timbertown

3440 12 ST NE

Don Miller

403-536-6542/dmiller@dream.ca

57,337

DD/LD

1978

CAL055

3420 12 ST NE

Chris Law

403-571-8772/chris.law@colliers.com

57,345

DD/LD

1978

McCall 40th Ave Business Pk

1339 40 Ave NE Y

Chris Law

403-571-8772/chris.law@colliers.com

47,920

1,600–20,600

LD/DD

2001

McCall 40th Ave Business Pk

1431 40 Ave NE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com 38,140

1,600–17,700

1999

McCall 40th Ave Business Pk

1431 40 Ave NE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com 67,717

1,200–5,500

1994

McCall 40th Ave Business Pk

1431 40 Ave NE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com 14,400

2,400–12,000

LD/DD

1991

2220 39 Ave NE

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com 2,991

1976

26 NORTH AIRWAYS 2220 39 Ave NE

27 NORTH MANCHESTER 501 to 529 Manchester

529 36 Ave SE Y

Rick Pauloski

403-259-2886/rickp.harmin@shaw.ca

57,191

1974

505 34 Ave SE

John Vautour

403-536-3549/jvautour@dream.ca

12,845

3,500–14,100

3,000

1960

519 34 Ave SE

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

19,247

2,500

1965

530 to 544 Manchester

544 38A Ave SE Y

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

23,987

3,000–6,000

1974

535 to 561 Manchester

561 36 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

41,425

2,400–22,340

DD/LD

1974

The pulse of Calgary’s commercial real estate industryTM

INDUSTRIAL BUILDING NAME

BUILDING ADDRESS

BOMA LEASING CONTACT (PHONE/E-MAIL) MBR

SIZE IN SINGLE/ SQ. FT. MULTI-TENANT

RANGE OF BAY SIZE

CLG HT

DOCK/ RAIL DRIVE-IN ACC.

YEAR BUILT

28 PORTLAND Portland St Depot Portland St-Phase II

2344 Portland St SE Y 1260 26 Ave SE Y

John Vautour

403-536-3549/jvautour@dream.ca

477,686

8,050–134,816

DD/LD

2001

Shannon Potter

403-213-9701/spotter@morguard.com

130,463

6,600–29,500

2002

29 RANGEWINDS Rangewinds Business Pk Bldg A

2425 52 Ave SE Y

Shannon Potter

403-213-9701/spotter@morguard.com

75,083

7,700–21,000

LD/DD

2000

Rangewinds Business Pk Bldg B

2419 52 Ave SE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

46,630

6,000–18,000

LD/DD

2000

Rangewinds Business Pk Bldg C

2355 52 Ave SE (C) Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

70,246

8,100–24,500

LD/DD

2004

Rangewinds Business Pk Bldg D

2305 52 Ave SE (D) Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

76,962

7,200–11,700

LD/DD

2004

Rangewinds Business Pk Bldg E

5500 22 St SE (E) Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

266,785

LD/DD

2006

Rangewinds Business Pk Bldg F

5500 22 St SE (F) Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

130,000

LD/DD

2006

Rangewinds Business Pk Bldg G

2312 52 Ave SE (G) Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

65,675

8,200–16,600

LD/DD

2008

Rangewinds Business Pk Bldg H

2331 50 Ave SE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

39,543

3,500–8,000

2008

30 ROCKYVIEW Rockyview Business Pk #1

261024 Dwight McLellan Tr Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

105,576

7,500–45,000

2014

Rockyview Business Pk #2

261024 Dwight McLellan Tr Y

Shannon Potter

403-213-9701/spotter@morguard.com

155,866

DD/LD

2014

174,848

155,866

2016

Rockyview Business Pk #3

261024 Dwight McLellan Tr Y

Shannon Potter

403-213-9701/spotter@morguard.com

DD/LD

Nose Creek Business Pk, Bldg A

293057 James Jones Wy

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 184,710

LD/DD

Nose Creek Business Pk, Bldg B

260184 Nose Creek Blvd

B Richards, K Decaire

bill.richards@quadreal.com, kyle.decaire@quadreal.com 216,790

LD/DD

DD/LD

31 SHEPARD 8950 Innovation Ave SE

Josh Magnusson

josh.magnusson@colliers.com

20,000

Shepard Industrial Bldg A

8950 Innovation Avenue SE

12686 48 St SE Y

Shannon Potter

403-213-9701/spotter@morguard.com

32,452

Shepard Industrial Bldg B

4948 126 Ave SE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

32,370

3,000

Shepard Industrial Bldg C

100–5126 126 Ave SE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

17,941

3,000

Shepard Industrial Bldg D

200–5126 126 Ave SE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

32,430

2,800

1107-55th Avenue NE

1107–55 Ave NE Y

Colin Macdonald

403-303-2413/cmacdonald@bentallkennedy.com

73,863

5535-11 Street NE

5535– 11 St NE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

14,089

1108 1120 53 Ave NE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

125,974

1,300–4,800

1977

Skyline III

1003 55 Ave NE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

37,500

2,200

LD/DD

1977

Skyline III

1007 55 Ave NE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

37,450

2,200

LD/DD

1977

Skyline II

908 53 Ave NE Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

60,075

3,000–6,000

LD/DD

1977

South Airways

2016 25 Ave NE

Aurora Elliot

403-268-9841/aelliot@creit.ca

33,750

1978

Western Commerce Court A

1665 32 Ave NE Y

Rick Pauloski

403-259-2886/rickp.harmin@shaw.ca

64,055

2002

32 SKYLINE

Skyline I

10,331–21,211 14,089

33 SOUTH AIRWAYS

BOMA CALGARY BUILDING GUIDE 2017-2018

2,113–6,052

BUILDING NAME

BUILDING ADDRESS

BOMA LEASING CONTACT (PHONE/E-MAIL) MBR

SIZE IN SINGLE/ SQ. FT. MULTI-TENANT

RANGE OF BAY SIZE

CLG HT

DOCK/ RAIL DRIVE-IN ACC.

YEAR BUILT

Western Commerce Court B

3100 16 St NE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

84,770

6,402–34,865

DD/LD

2000

Western Commerce Court C

3000 16 St NE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

47,733

5,870–11,943

DD/LD

1999

2,700–8,100

LD/DD

1973

34 SOUTH MANCHESTER 102 to 114 Centre St

114 61 Ave SW Y

Brendan Davies

403-245-4447/bdavies@triovest.com

18,890

239 61 Ave SE

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

25,000

8,400

242 to 252 62 Ave SE

252 62 Ave SE

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

17,500

2,500

427 51 Ave SE

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

12,980

2,000

1962

5330 1A St SW

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

9,385

1972

5824 5842 Burbank Rd SE Y

Rick Pauloski

403-259-2886/rickp.harmin@shaw.ca

39,803

1978

6023 to 6039 Centre St

6039 Centre St S Y

John Vautour

403-536-3549/jvautour@dream.ca

28,792

1,800–3,600

1973

6043 to 6055 Centre St

6055 Centre St S Y

John Vautour

403-536-3549/jvautour@dream.ca

25,200

3,600–10,800

1973

502 42 Ave SE

John Vautour

403-536-3549/jvautour@dream.ca

90,000

2,400–20,000

5824 5842 Burbank Rd SE

Manchester Business Centre

35 SOUTHBEND 11651 40 Street SE

Jim Edwardson

403-540-0238/jim@manchesterproperties.ca

3,045

2002

11929 40 St SE #100

11929 40 St SE (100)

11651 40 St SE

Sean Flathers

sflathers@telsec.ca

12,963

1,550–1,634

2006

11929 40 St SE #200

11929 40 St SE (200)

Sean Flathers

sflathers@telsec.ca

1,808–2,143

2006

11979 40 St SE #100

11979 40 St SE (100)

Sean Flathers

sflathers@telsec.ca

1,337–1,413

2003

11979 40 St SE #200

11979 40 St SE (200)

Sean Flathers

sflathers@telsec.ca

3,086–15,386

2003

11979 40 St SE #300

11979 40 St SE (300)

Sean Flathers

sflathers@telsec.ca

1,287–1,362

2004

11979 40 St SE #400

11979 40 St SE (400)

Sean Flathers

sflathers@telsec.ca

6,067–16,319

2004

12111 40 St SE

Sean Flathers

sflathers@telsec.ca

1,751–5,500

2005

12143 40 St SE

Sean Flathers

sflathers@telsec.ca

2,745–7,982

2005

12204 40 St SE

Sean Flathers

sflathers@telsec.ca

2,517–5,613

2004

5452 53 Ave SE Y

Sean Flathers

sflathers@telsec.ca

17,997–52,152

36 STARFIELD Trimeg Building

DD/LD

1997

37 STONEGATE StoneGate Industrial Bldg A

2626 Country Hills Blvd NE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

413,010

15,400+

Dock

2015

StoneGate Industrial Bldg C

11358 Barlow Trail NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

61,040

5,500+

Drive-in

2017

StoneGate Industrial Bldg E

2638 Country Hills Blvd NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

77,037

5,500+

Drive-in

2015

Stoney Industrial Centre Bldg 1

1720 115 Ave NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

356,155

14,575+

Dock

2008

Stoney Industrial Centre Bldg 2

1802 118 Ave NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

439,275

17,600+

Dock

2008

Stoney Industrial Centre Bldg 3

1881 120 Ave NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

316,513

12,650+

Dock

2010

Stoney Industrial Centre Bldg 4

11900 18 St NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

436,263

19,800+

Dock

2012

Stoney Industrial Centre Bldg 5

12285 18 St NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

299,858

17,600+

Dock

2013

Stoney Industrial Centre Bldg 6

12290 18 St NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

416,473

19,800+

Dock

2013

38 STONEY

39 SUNRIDGE Sunridge Business Pk

2876 Sunridge Wy NE Y

Phil Brown

403-234-3109/pbrown@oneproperties.com

30,000

2000

Sunridge Business Pk A

2256 29 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

58,015

5,202–31,500

2000

Sunridge Business Pk C

2150 29 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

59,865

5,200–15000–

1999

Sunridge Business Pk D

2151 32 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

57,198

5,100–16,000

1999

Sunridge Business Pk E1

3030 Sunridge Wy NE Y

Don Miller

403-536-6542/dmiller@dream.ca

27,016

2,700–8,300

N/A

2000

Sunridge Business Pk E2

3250 Sunridge Wy NE Y

Don Miller

403-536-6542/dmiller@dream.ca

27,180

N/A

2000

Sunridge Business Pk F

2175 29 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

58,184

10,000–22,000

2000

Sunridge Business Pk G

2121 29 St NE Y

Don Miller

403-536-6542/dmiller@dream.ca

56,648

8,300–27,500

1999

Sunridge Business Pk H

2985 23 Ave NE Y

Don Miller

403-536-6542/dmiller@dream.ca

54,065

53,110

2001

Sunridge Business Pk I

2886 Sunridge Wy NE Y

Don Miller

403-536-6542/dmiller@dream.ca

44,650

10,600–33,630

2000

Sunridge Business Pk J

2777 23 Ave NE Y

Don Miller

403-536-6542/dmiller@dream.ca

67,250

12900–26300

2001

Sunridge Business Pk K

2928 Sunridge Wy NE Y

Don Miller

403-536-6542/dmiller@dream.ca

57,001

5,700–14,000

2000

40 VALLEYFIELD Gateway Industrial Bldg A

4550 25 St SE Y

Don Miller

403-536-6542/dmiller@dream.ca

66,905

9,824–23,501

DD/LD

1999

Gateway Industrial Bldg B

2634 45 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

84,077

13,583–18,755

DD/LD

1999

Gateway Industrial Bldg C

2726 45 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

98,949

21,757–30,123

DD/LD

1999

Gateway Industrial Bldg D

2760 45 Ave SE Y

Brendan Davies

403-245-4447/bdavies@triovest.com

99,026

30,549–37,065

DD/LD

1999

Valleyfield Business Centre

2880 45 Ave SE A&B Y

Brendan Davies

403-245-4447/bdavies@triovest.com

224,782

4,200–6,000

N 2001/03

Valleyfield Business Centre

2880 45 Ave SE C&D Y

Aurora Elliot

403-268-9841/aelliot@creit.ca

47,794

4,200–6,000

N 2001/03

The pulse of Calgary’s commercial real estate industryTM

by Jennifer Friesen | photography by Jared Sych

A JOB WELL DONE Commercial buildings house a range of career possibilities

rom the top floor to the boiler room, there’s no such thing as an average day in commercial real estate. Todd Throndson describes it as being like pinball. “You bounce around from one challenge to the next,” says Throndson, managing director, principal, of Avison Young Calgary. “You’re a solution provider.” The industry consists of diverse people in diverse careers, but all seem to share that outlook. Building operator Dwayne Jans moved into the commercial real estate sector in 2006 after more than a decade as a school caretaker. As the senior operator of multiple buildings, he says no two days are alike. “But I like a challenge. I like bringing a bit of excitement to someone’s day when you can solve their problem. There’s a personal part to it, and you can’t buy that.” Jans watched as the buildings he op-

erates were built, and he knows them well. Despite modern technology, his senses can be his best tool. “Walking into a room, sometimes there’s just a presence,” he says, snapping his fingers. “You hear a water noise and you know: ‘the expansion tank is low on air.’ As soon as you walk in, you know something’s different. I love that.” While not every challenge in the sector requires a literal toolkit, a day’s work in commercial real estate comes down to looking at a problem and offering a fix. Property manager Tanya Marsh says she has to be a jack of all trades. “I’m not a specialist in security or operations or accounting,” she says. “But you have to have a sniff of each one of those to effectively figure out the answers.” While Marsh admits that she entered the industry by fluke, it wasn’t long before she realized she was a “lifer.” “I had no idea anything like this existed,” she says. “Growing up, you go into a shopping centre or an office building and you don’t think about who arranges for the snow to be cleared or

"You bounce around from one challenge to the next. You’re a solution provider.” —Todd Throndson

BOMA CALGARY BUILDING GUIDE 2017-2018

who fills the buildings. You just think, ‘Oh, there’s something I need in this building.’” A property manager at Cadillac Fairview for four office buildings, Marsh says the industry offers plenty of challenge and reward. “As cheesy as it sounds, it’s fun to be the problem-solver. Whether it’s something super small or really big, it just feels good to take that stress off the tenants so they can do their own business.” Despite the economic uncertainty of recent years, Throndson also maintains his sense of excitement. In three decades-plus in the business, he’s moved from a cubicle with unreliable lighting to a corner office overlooking the city. He’s faced booms and busts, and worked his way through it all by building relationships. “We’re more consultants who specialize in real estate than salesmen getting someone to buy something,” he says. “There’s always an environment for people who are motivated and who will work hard and I’ve always been a big believer that it’s better to win as a team than on your own. “My biggest accomplishment is that a lot of my clients are my friends. I don’t think you can ask to be in a better place in a career than to be in a place where people trust you.” ■

“I don’t think you can ask to be in a better place in a career than to be in a place where people trust you.”

It’s fun to be the problemsolver. It feels good to take that stress off the tenants so they can do their own business.”

“I like bringing a bit of excitement to someone’s day. There’s a personal part to it, and you can’t buy that.”

—Todd Throndson

—Tanya Marsh

—Dwayne Jans

The pulse of Calgary’s commercial real estate industryTM

OPINION: THE LAST WORD

A New Normal Slow and steady growth is the cure for what ails us

Todd Hirsch, Chief Economist, ATB Financial

IT’S NO EXAGGERATION to say that Calgary’s economy has been through the wringer. Less than five years ago, it was a fast-growing city with the hottest labour market in Canada. Then the drop in oil prices plunged Calgary into the worst economic downturn it has seen since the 1980s. By the end of 2016, it had the highest unemployment rate of any major city in the country. What’s next for Calgary? Is it going to turn around on a dime? Or will it be the Detroit of the north? The answer: Neither. Calgary certainly will regain its economic status, but it may take a while. Oil prices are not expected to return to the US $80-to-$100-

BOMA CALGARY BUILDING GUIDE 2017-2018

per-barrel range. In the long term, they’re expected to hover around the US $50 mark. That price brings stability to the Canadian energy sector and to Calgary’s economy—but it won’t bring back the super-fuelled growth that characterized the city prior to 2014. Ironically, a new normal of slower but steadier growth may be just what the economic doctors would prescribe for Calgary. Super-heated growth of four to five per cent each year causes too many imbalances. And when disruption—like an oil price collapse—comes along, the economic carnage is exaggerated. Moderate but more consistent annual growth of two to three per cent will serve the city well.

Solutions to the current economic malaise are being addressed most actively by Calgary Economic Development through a municipally funded operation to promote the city as a business hub. Top priority has been to promote Calgary to the high-tech sector, particularly American companies that would like to enter the Canadian market and are attracted by Calgary’s relatively affordable housing situation. Calgary’s core strengths are not, in fact, tied exclusively to the energy sector. There are other features ensuring its economic success. The first is a young, highly educated and entrepreneurial population, most of whom did not pack up and leave during the 2015-16 recession. Companies outside oil and gas are finding attractive resumes flying through the door as plenty of highly trained and skilled workers seek jobs. New industries in the tech sector—some so new they don’t even have names yet—will find plenty of talent in Calgary. The city has also become a lifestyle and destination city, offering urban amenities like world-class arts and culture, culinary events and sports. And it’s minutes away from an outdoor-lover’s paradise. Add on to this one of the lowest crime rates in the country, a Top 5 ranking by The Economist as Best Cities in the World to Live and plenty of international transportation connections through YYC, the Calgary International Airport. Calgary’s economic future is bright. Still, it’s going to take some time before the excess of commercial real estate and the slack in the labour market are reduced. Slower growth is on the horizon for the next few years. But that will help promote economic diversity and provide a more solid foundation for the future. ■

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The pulse of Calgaryâ&#x20AC;&#x2122;s commercial real estate industryTM

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