Quick reference: Calgary Class A rent is 32 CAD/sqft ($23 USD), typical term 10 years, 18 months free.
Class A rent: 32 CAD/sqft/yr ($23 USD).
Typical term: 10 years.
Typical rent-free: 18 months.
Vacancy: 28.4%.
Calgary Class A office: frequently asked questions
Quick reference: Calgary Class A rent is 32 CAD/sqft ($23 USD), typical term 10 years, 18 months free.
TL;DR
Class A rent: 32 CAD/sqft/yr ($23 USD).
Typical term: 10 years.
Typical rent-free: 18 months.
Vacancy: 28.4%.
Quick reference
Use this page as the fast-answer reference for Calgary. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Calgary
country
Canada
region
Americas
classARentLocal
32 CAD/sqft/yr
classARentUsd
$23/sqft/yr
vacancy
28.4%
typicalLeaseYears
10
typicalRentFreeMonths
18
submarkets
5
primeYieldPct
7.5%
Frequently asked questions
What is the Downtown Conversion Program?
The City of Calgary's office-to-residential conversion program — the most aggressive in North America — has approved 17+ conversions through 2026 to remove obsolete Class B/C inventory and rebalance supply.
How does the trophy tier compare to broader Class A?
Trophy product (Brookfield Place West, Eighth Avenue Place, The Bow) clears at CAD 32-38/sqft; broader Class A averages CAD 22-28/sqft. The differential reflects deep flight-to-quality.
When does Calgary's office market stabilise?
2027-2028 is the consensus timeframe — contingent on continued conversion program execution and any commodity-price upcycle.