“It’s Turning Into A Ghost Town” – One In Five Calgary Offices Is Now Empty
by Tyler Durden
ZeroHedge.com
04/15/2016
As a result of the ongoing collapse of the Alberta energy economy, CBRE Canada estimates that Calgary’s downtown office vacancy rate was 20.2% as of March 31, nearly twice as high as the 11.8% a year ago. This means that one in five offices is now vacant.
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