'Confidence is in the air': Office vacancy rate shows biggest drop in eight years yyc yycbiz
The downtown office vacancy rate dropped 80 basis points in the third quarter to 32.9 per cent, the core’s best quarter since Q3 of 2014.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
Colliers had similar numbers, with the vacancy rate in Calgary’s downtown dropping from 31.91 per cent to 31.36 per cent. AA properties continue to have stronger vacancy rates at 16.32 per cent, but it quickly drops off to 35.74 per cent for class A properties, 46.8 for B buildings and 42.59 for C buildings.Article content
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