Calgary Office Vacancy: Why 30.3% Won’t Fix Itself
Calgary’s office vacancy is falling. Not because tenants are coming back — because we’re deleting the buildings. Downtown vacancy sat at 30.3% in Q2 2026, down from 30.4%. Progress, technically. But absorption in the same quarter was negative 110,572 sq ft. Fewer tenants. Less occupied space. And the rate still went down. That only works..
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Calgary Office Conversion: Why 13 of 21 Projects Stall
Calgary has funded 21 office conversions. Only 8 are finished. That gap is the most useful number in the city right now. Most people read Calgary’s downtown story as a real estate story — 30.4% vacancy, 41 million sq ft of office space, a city with a problem. It isn’t a real estate story. It’s..
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Eros Belotti 01.
Eros belotti
Construction project manager with over 15 years of experience in Europe and the Canary Islands. Specialized in modular housing, container construction, real estate development and international project management. Founder of Reforma Vivienda Tenerife and Donkey Lab.
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