(Source: Calgary Herald)

Calgary’s downtown office market is in for some dramatic changes in the next few years as more new office space is completed.

According to commercial real estate firm Avison Young, it is forecasted that the downtown office vacancy rate will close this year below six per cent, and just over 10 per cent including sublease space, but will double in 2010.

Read Mario Toneguzzi’s full article “Office vacancies to double in downtown Calgary in ’10: Avison Young” in the Calgary Herald (October 20, 2009).

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