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‘The dam is broken’: Calgary’s downtown office vacancy dips lower

Calgary Herald: "For Lease signs continue to dot Calgary’s downtown office towers but, for the first time since the pandemic began, the trend of more vacant space hitting the market is reversing.


A new report by commercial real estate services firm Avison Young says the city’s downtown saw its first positive absorption of office space in the fourth quarter — meaning more space was snapped up than vacated — since the pandemic began 22 months ago."

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