Calgary’s industrial real estate market closed 2025 with stable fundamentals, shaped by tenant caution, pricing friction, and evolving space needs. Industrial property vacancy held near 4.5%, while Calgary industrial rents rose modestly. Commercial real estate deals took longer to close as tenants prioritized flexible warehouse space, industrial yards, and efficient, land-focused building layouts.
Calgary’s commercial real estate market continues to show resilience through late 2025, supported by strong population growth, sustained in-migration, and a diversified economic base. Industrial real estate remains a leading performer, with renewed leasing activity, positive net absorption, and declining vacancy reinforcing Calgary’s role as a key Western Canadian logistics and distribution hub.
Calgary’s industrial real estate market enters Q4 2025 on a solid footing, with asking rents stabilizing at $13.31 PSF and vacancy at 4.4%. Improved pre-leasing, easing tenant hesitancy, and returning investor confidence support steady leasing and sales activity across the city. Constrained supply and moderated rent growth set an optimistic tone for 2026.
Our dedicated team helps clients lease and purchase industrial space in Calgary while strategically marketing investment and development properties. Combining hands-on local insight with data-driven strategies and the global reach of NAI Advent and NAI Global, we deliver tailored solutions and uncover high-value industrial opportunities others overlook.
OUR TEAM
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