Moving into Calgary from another Tier 1 market means re-baselining occupancy economics in CAD, re-running headcount density against local norms, and translating lease terminology to local conventions.
Moving into Calgary from another Tier 1 market means re-baselining occupancy economics in CAD, re-running headcount density against local norms, and translating lease terminology to local conventions.
Headline Calgary rent is 32 CAD/sqft/yr ($23 USD). Translate your incumbent occupancy cost-per-seat to the same basis using the Occupancy Cost tool. Most cross-border moves underestimate fit-out">fit-out timeline and overestimate density transferability.
Triple-net (NNN) structures with operating cost recoveries and property tax pass-throughs. 5-10 year terms standard. Free rent of 14-20 months and TI of CAD 60-90/sqft typical on a 10-year Class A deal. Most generous concession environment in major Canadian markets. Use the Lease Term Translator to map terminology before reading the LOI.
Engage a tenant-rep broker, local counsel, an MEP/AV designer with Calgary project history, and a project manager who has run a Class A fit-out in this market in the last 24 months.
| 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% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.