Q1 2025 Calgary Industrial Occupier

Overall vacancy for the Calgary Industrial market remains relatively unchanged from the end of 2025 and sits at 4.27% for Q1; we expect vacancy to remain stable as we move forward into the second quarter. Positive absorption is expected through the year as demand should outpace new product with forecasted construction levels predicted to be lower than previous years.

Download our Q1 2025 report to read more about our perspective on the Calgary Industrial Market.