[LeftCoaster]

haha I forgot about that little argument, boy has time been my friend on that one.

Vacancy rate of 7.9%, even lower at 6.4% for AAA space. Vacancy is actually supposed to decline when the Bow opens its doors.

The only remaining large block of space left from the Bow fallout is at Encana place, 400,000sf, which considering the over 3 million sf of absorption Calgary recorded LTM Q2, is peanuts.

The Calgary market right now is unbelievable, its running at levels barely seen in the largest markets, recording absorption close to levels seen in NYC, which is having a great year as well.

Vacancy in 2013 is forecast to be in the low 5s on total, much lower for AAA. Expect to see at least 3 major office tower announcements over the next 12 months.