Quote:
Originally Posted by caltrane74
Once The Bow comes online, those Calgary numbers will equalize. As the building is not yet in the office space count, there is a huge adjustment coming when it does get occupied, and office space shifts from older towers in the core to The Bow.
These towers will then have to seek tenants in older and less desirable properties.
Tough Sell.
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What do you mean equalize? Much of the space being left vacant by tenants filling the bow has already been spoken for. landlords dont just sit around until the space is empty to fill it, nearly all of the space opening up in Calgary is already under contract. In fact it is nearly impossible to find a 100k sf contigious space as it stands, there will be a few new office towers starting shortly.