Prominent industrial leases signed by Article, AMAX Leather and Iconic Power Systems negotiated by top dealmakers from Anthem Properties and Colliers are among the third-quarter industrial leases recognized by CoStar.
As big-ticket items involving sizable investments, commercial property transactions often have a wider impact within the community. CoStar will recognize the largest leases completed each quarter and the dealmakers who made them happen in their respective markets.
Here are the Greater Calgary industrial leases selected as the third-quarter 2023 winners of the CoStar Power Broker Quarterly Deal Awards:
Space Leased: 221,900 SF
Deal Type: New Lease
Size: 369,740 SF
Tenant: Article
Brokers Involved: Sean Day and Taylor Archer of Anthem Properties represented the landlord. Paul Marsden and Andrew Lord of Colliers represented the tenant.
Deal Commentary:
Space Leased: 128,051 SF
Deal Type: New Lease
Size: 128,051 SF
Tenant: AMAX Leather
Brokers Involved: Luke Hamill, Iain Ferguson, Cameron Woods and Evan Renwick of CBRE represented the landlord. Blake Ellis of CBRE represented the tenant.
Deal Commentary:
Space Leased: 48,827 SF
Deal Type: Sublease
Size: 48,827 SF
Subtenant: Iconic Power Systems
Brokers Involved: Kent Bacon and Porcha Palmer of Avison Young represented the sublessor.
Deal Commentary:
Space Leased: 13,615 SF
Deal Type: New Lease
Size: 36,915 SF
Tenant: CarStar
Brokers Involved: Brad Pilling and Zack Darragh of Cushman & Wakefield represented the landlord. Luke Hamill of CBRE represented the tenant.
Deal Commentary:
Space Leased: 12,800 SF
Deal Type: Sublease
Size: 51,284 SF
Subtenant: Trico homes
Brokers Involved: Greg Albright of Charles Real Estate represented the sublessor.
Deal Commentary: