Closing Date: September 2025
Address: 1010 1st Avenue NE, Calgary, AB
Total NRA: 29,319 SF
Current Occupancy: 81% (As at September 2025)
Highlights:
- 81% leased to 12 tenants, with a large portion being medical and long-term tenants. The existing tenants have been in occupancy for an average of 8.9 years
- Prominent corner location, in the heart of the amenity rich community of Bridgeland
- Average in-place net rent of $15.60 PSF, with contractual rental increases
- Significant capital investments have recently been made to the building lobbies, parkade membrane, and HVAC/mechanical systems
- Located on a prominent corner site, with direct exposure onto 1st Avenue NE (main thoroughfare through Bridgeland)
- Excellent parking ratio for an inner-city suburban office building of 1 stall per 497 SF (2.01 stalls per 1,000 SF)
Gallery
Contact for more info
Richie Bhamra
Richie leads the CBRE National Investment Team in Calgary.
Richie Bhamra
Executive Vice President
Geoff Mar
Geoff started his commercial real estate career in 1993. He’s a Senior Vice President with the CBRE National Investment Team in Calgary and has been a vital member since the Team’s inception.
Geoff Mar
Senior Vice President
Tyler Allen
Tyler is a Senior Vice President with the CBRE National Investment Team in Calgary with over 15 years of commercial real estate experience.
Tyler Allen
Senior Vice President
Drew Redekopp
Drew is a Vice President with the CBRE National Investment Team-Calgary and joined the Team in 2016. He has over 10 years of commercial real estate experience.
Drew Redekopp
Vice President
Eighth Avenue Place, East Tower
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1