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Calgary Industrial Insight - Q2 2016

Demand for industrial space in the Calgary & Area markets have continued down a familiar path in the second quarter of 2016. With 150 lease transactions completed this quarter, the market experienced 28 more transactions than the previous quarter for a total of almost 1.3 million square feet. 

The industrial market experienced another quarter of high volume deliveries in Q2, with roughly 1.28 million square feet of new inventory being completed and only 647,000 square feet remaining under construction at the end of the quarter.

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