Calgary’s industrial real estate reported buoyant

Despite the recent downturn in the energy sector and in residential real estate in Calgary, the commercial sector is reported to be holding up, particularly industrial.

The area to the east of the city in Rocky View County is especially buoyant, according to Realtors.

Jon Mook and Casey Stuart of Barclay Street Real Estate told the Calgary Herald that out of a development of 28 hectares, the first phase of the Point Trotter Industrial Park, just four lots remain.

Mook says that there are challenges in the Calgary market but that the sector is outpacing other parts of commercial real estate. 

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