# Calgary Class A office: frequently asked questions

> Quick reference: Calgary Class A rent is C$32/sqft/yr · ≈ $23.7 PSF/yr USD ($24 USD), typical term 10 years, 18 months free.

**Canonical URL:** https://classa.info/cities/calgary/faq
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: C$32/sqft/yr · ≈ $23.7 PSF/yr USD.
- Typical term: 10 years.
- Typical rent-free: 18 months.
- Vacancy: 28.4%.

## Key facts
- **city**: Calgary
- **country**: Canada
- **region**: Americas
- **classARentLocal**: C$32/sqft/yr · ≈ $23.7 PSF/yr USD
- **classARentUsd**: $24/sqft/yr
- **vacancy**: 28.4%
- **typicalLeaseYears**: 10
- **typicalRentFreeMonths**: 18
- **submarkets**: 5
- **primeYieldPct**: 7.5%

## FAQ
### 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.

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Citation: Source: Class A Atlas (https://classa.info/cities/calgary/faq), updated 2026-04-15T00:00:00.000Z.