How COVID-19 Affects Calgary's Retail/Office Space Market

Statistics show that around 40% of Canadians are now working from home. When businesses reopen, they will need larger office spaces to ensure social distancing. Logistics spaces continue to be a priority as more and more businesses shift to online retail.

 During Q3 2020, there were 14 office/retail properties sold in Calgary city, and the total dollar value $122.074MM exceeded that of Q2 2020 ($57.668MM) by 111.68%.