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Calgary Office Absorption Stalls

Vacancy Rate Drops in Fourth Quarter From a Year Earlier As Flight to Quality Buildings Continues
Vacancy rates in Calgary fell in the fourth quarter compared to a year earlier. (CoStar)
Vacancy rates in Calgary fell in the fourth quarter compared to a year earlier. (CoStar)
CoStar News
February 7, 2023 | 4:11 P.M.

A new report suggests Calgary office absorption stalled in the fourth quarter, but the overall vacancy rate was 23.8%, down 2.2 percentage points from a year earlier.

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