April 25, 2018 | Mario Toneguzzi
Downtown office market begins bounce back
People who have lived and worked in Calgary for a long time know that the downtown office market is a great barometer of what's happening in the city's overall economy.
For the past couple of years, record vacancy rates in the heart of the city have made headline news, not only in Calgary, but nationally.
However, a recent report by commercial real estate firm Avison Young suggests we've hit the bottom and there's nowhere to go but up.