Q3 2025 concluded with an overall vacancy rate of 4.66%, down slightly from Q2 and quarterly absorption reached over 1.2 million square feet. The low vacancy coupled with stable demand across all segments project a positive outlook for the market. Speculative development activity remains slow with only few projects announced and in queue for delivery in 2026. As a nationwide preferred location, Calgary continues to outperform other Canadian markets in terms of year-over-year growth.
Download our Q3 2025 report to read more about our perspective on the Calgary Industrial market.