Office Vacancy in Calgary vs Edmonton: Same Province, Two Markets in Q3 2026
Calgary posted its second-strongest downtown office absorption quarter since 2014, with sublease space down 19.2%. Edmonton office vacancy is still 17.4%, yet quality space is scarce. Why the headline vacancy rate is not enough.
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Calgary Office Vacancy: Why It Won’t Fix Itself
Calgary’s downtown office vacancy has been falling. But a large part of the improvement is not coming from tenants returning. It is coming from removing office buildings from the market. Through the city’s Downtown Office Conversion Program, 21 incentivised projects are converting about 2.68 million square feet of office space into roughly 2,667 homes, according..
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Eros Belotti 01.
Eros belotti
Construction project manager with over 20 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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