Northeast/Northwest

Calgary CAN - Industrial Submarket

Industrial real estate intelligence for the Northeast/Northwest submarket. 51.4M SF of inventory with 4.3% vacancy. Data sourced from various MLS platforms.

51.4MSF

Inventory

2.8MSF

Available

4.3%

Vacancy

5.4%

Availability Rate

$9.53

Asking Rent

3.3%

Rent Growth

481KSF

12mo Absorption

503KSF

Under Construction

Market Metrics

12mo Delivered

420K SF

Under Constr % of Inv

1.0%%

Sale Price/SF

$139

Cap Rate

6.9%%

12mo Sales Volume

$219,814,159

Sales Vol Growth

46.0%

Asset Value

$7,230,883,446

Net Absorption

+481K SF

Data Centre Development Potential

Moderate vacancy (4.3%) in Northeast/Northwest suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 503K SF indicates developer confidence in the submarket. Positive net absorption of 481K SF over the past 12 months signals healthy demand fundamentals.

Other Submarkets in Calgary CAN

Southeast

74.5M SF4.8% vac$9.33

Rocky View County & Outlying

32.2M SF5.3% vac$9.59

Southwest/South Central

25.9M SF2% vac$10.23

Airdrie

6.3M SF0.3% vac$10.68

Foothills County & Outlying

3.5M SF0.4% vac$10.51

Wheatland County & Outlying

3.1M SF0.4% vac$10.90
Luke Tatman

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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.