Southeast

Calgary CAN - Industrial Submarket

Industrial real estate intelligence for the Southeast submarket. 74.5M SF of inventory with 4.8% vacancy. Data sourced from various MLS platforms.

74.5MSF

Inventory

4.6MSF

Available

4.8%

Vacancy

6.1%

Availability Rate

$9.33

Asking Rent

3.4%

Rent Growth

-350,515SF

12mo Absorption

657KSF

Under Construction

Market Metrics

12mo Delivered

1.0M SF

Under Constr % of Inv

0.9%%

Sale Price/SF

$142

Cap Rate

6.9%%

12mo Sales Volume

$196,713,482

Sales Vol Growth

9.9%

Asset Value

$10,683,654,885

Net Absorption

-350,515 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
4202 Fidelity St	-	425,720	Industrial Realty Group, LLC
12901 Plantside Dr (Part of a 2 Property Portfolio)	$22.3M	102,500	Aphorio Carter
Met Center 7 (Data Foundry)	-	49,352	Buyer 1 Walton Street Capital, LLC \| Buyer 2 Steelwave
DE1 Denver IBX® Data Center	$7.3M	30,791	Aphorio Carter
Texas 2/ AUS 2	-	195,000	Buyer 1 IFM Investors \| Buyer 2 Switch, Inc.

Available DC Space in Market

Property	Avail SF	Rent	Owner
Bldg 1	5,679	$14.78 - 18.07 (Est.)	New Town Holdings, LLC
Building B	20,182	$10.35 - 12.64 (Est.)	EastGroup Properties, Inc.

Data Centre Development Potential

Moderate vacancy (4.8%) in Southeast suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 657K SF indicates developer confidence in the submarket. Negative absorption of 351K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.