Calgary’s industrial real estate market continues to demonstrate resilience as population growth, strong interprovincial migration, and evolving supply chains reinforce demand across key submarkets. After a softer second quarter, leasing activity rebounded in Q3 2025, driving positive net absorption, tightening vacancy, and steady industrial rental rate growth. Calgary’s strategic position as a Western Canadian logistics hub—supported by highway connectivity, competitive operating costs, and access to skilled labour—continues to attract occupiers, investors, and developers seeking long-term stability.
With vacancy rates remaining below historical averages and new industrial construction advancing at a measured pace, market fundamentals remain balanced heading into 2026. Institutional confidence persists for modern, well-located assets, while users prioritize efficient warehouse space, flexibility, and proximity to major transportation corridors. Thank you to NAI Advent Commercial Real Estate for producing this report and providing data-driven insights that highlight Calgary’s evolving industrial landscape and sustained commercial real estate momentum.
📍 See the Fall 2025 Market Update for Calgary’s latest industrial insights and performance trends.
