Oxford Properties make Huge Commitment to Calgary Industrial Market

Oct 15, 2010 by

In a bold move Oxford Properties Group has recently announced the development of a major industrial park just north of the Calgary International Airport.  It is a positive indication that the Calgary Industrial market is gaining it’s pre-recession strength back.  Oxford has anticipated that it will spend up to $500 Million dollars on the park including servicing and 4 million square feet of industrial building development alone along  with various other commercial development including office buildings and hotels.

Oxford is owned by OMERS (Ontario Municipal Employee Retirement System) which is a major player in the commercial real estate business in Canada and around the world.  Remember that Oxford also recently purchased South Centre Mall in Calgary and has just completed Centennial Place a Class A office building in the downtown core so the company is betting big on Calgary.  Thank you Oxford/OMERS for the confidence you are showing in the Calgary commercial and industrial markets.

See Calgary Herald Article

See Calgary Sun Article

Click here for more information on this and other major land development in the NE quadrant of the Calgary Industrial market.