In its 2016 Canadian Market Outlook report, CBRE noted that the overall availability rate for industrial property in Calgary is expected to fall from 8.3% in 2015 to 8.2% in 2016. The Net Rental Rate is expected to fall from CAD7.35 per square foot to CAD7.25 per square foot. Net absorption is expected to rise from -0.43mn square feet to 2.33mn square feet. New supply is expected to drop from 3.03mn square feet to 1.69mn square feet. Stock that is under construction should fall from 1.43mn square feet to 0.35mn square feet.

Source : December 2015/CBRE/Calgary/IND