Calgary Industrial Real Estate Market Continues To See Strong Demand

 The high amount of leasing activity in 2013 in the Calgary industrial real estate market is a solid indicator of healthy demand which will continue to take vacant product, according to a new report by Colliers International.

Colliers said absorption - the change in occupied space - remained high at 1.2 million sq ft in the 4th quarter of 2013. This is a small growth over the 3rd quarter which saw just over one million sq ft of absorption.

It also said a shortage of land is expected to continue into this year(2014).

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