Aerospace and defence occupiers in Calgary typically cluster in Beltline, plan ~210 sqft per seat at high-end fit-out ($155–220/sqft), and pay around 32 CAD/sqft ($24 USD) on Class A.
Aerospace and defence occupiers in Calgary typically cluster in Beltline, plan ~210 sqft per seat at high-end fit-out">fit-out ($155–220/sqft), and pay around 32 CAD/sqft ($24 USD) on Class A.
Aerospace and defence occupiers in Calgary typically anchor in Beltline. Tech, advertising, hospitality groups, professional services.
Class A rent in Calgary runs 32 CAD/sqft ($24 USD) on a 10-year lease with 18 months free. Prime submarkets sit at or modestly above the city index.
Typical aerospace and defence fit-out targets high-end specification at $155–220/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 210 sqft per seat blended (workstation + circulation + amenity). A 100-headcount aero/defence office in Calgary typically targets 21,000 sqft of leasable area.
Programme leadership and contracting teams concentrate near government anchors; cleared-personnel logistics drive submarket selection. Strong energy, engineering, and finance talent. University of Calgary, SAIT, and Mount Royal anchor the regional pipeline. Strong tech talent migration since 2020 driven by tech HQ relocations and the +15 Skywalk's amenitized urban environment.
Headline corporate tax: 23%. 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.
| city | Calgary |
|---|---|
| industry | Aerospace and defence |
| naics | 3364, 5415 |
| preferredSubmarket | Beltline |
| preferredFitoutSpec | High-end |
| fitoutBand | $155–220/sqft |
| sqftPerSeat | 210 |
| classARentLocal | 32 CAD/sqft/yr |
| classARentUsd | $24/sqft/yr |
| vacancyPct | 28.4% |
| typicalLeaseYears | 10 |
| typicalRentFreeMonths | 18 |
| talentIndex | 76 |
| corporateTaxPct | 23% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.