Calgary boasts a strong commercial office, industrial and retail market. In fact, according to the Investment Property Databank, in 2012 Calgary produced the highest returns for commercial real estate out of 60 international cities. Calgary's strong economy has fueled commercial real estate growth for the region. The average age of Calgary's office buildings is the youngest of any major Canadian city, which offers benefits such as efficient building systems, high environmental standards and state of the art design with high efficiency leasing.
Calgary has a strong commercial office, industrial and retail market that brings strong returns for businesses looking to build new or renovate older structures. The Investment Property Databank reported in 2012 that Calgary produced the highest returns for commercial real estate out of 60 international cities. There is significant new inventory in the planning or early development stages for Calgary. These projects range from stand-alone developments to mixed-use and street front projects.