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Calgary

Vacant for 6 years, Calgary's former Nexen tower gets new life

Mario Toneguzzi Commercial Office Calgary Mar. 10 2025

The class-A former Nexen office tower in downtown Calgary, vacant since 2019, has new life with a recent renovation of its main floor and Plus-15 level and leases with two significant new tenants, including the University of Calgary.

Office still challenged, but there are few deals to be had: RealCapital

Steve McLean Commercial Office National Mar. 4 2025

The conditions are still not ripe for major pension funds to be in the office acquisition market this year, according to participants in a wide-ranging discussion on the Canadian office market at RealCapital in Toronto.

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