Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

J pold · 12-09-2013, 10:42 AM

Interesting buzz around the market this week is Husky announcing their long term plans. Their leases (roughly a million square feet) at Western Canadian Place roll in 2018 and they have been in market for nearly all of this year putting out RFPs to nearly every major developer. Our downtown group at Colliers is working with them but I can honestly say that I have no idea where they'll end up at this point. Their current landlord ((British Columbia Investment Management Corporation (bcIMC)) will have to be extremely aggressive on their renewal terms as they cannot afford to lose that tenant.

Their timeline to announce is by the end of the year so could be any day now.

12-09-2013, 10:42 AM	#33
J pold Franchise Player Join Date: May 2004 Exp:	Interesting buzz around the market this week is Husky announcing their long term plans. Their leases (roughly a million square feet) at Western Canadian Place roll in 2018 and they have been in market for nearly all of this year putting out RFPs to nearly every major developer. Our downtown group at Colliers is working with them but I can honestly say that I have no idea where they'll end up at this point. Their current landlord ((British Columbia Investment Management Corporation (bcIMC)) will have to be extremely aggressive on their renewal terms as they cannot afford to lose that tenant. Their timeline to announce is by the end of the year so could be any day now. Last edited by J pold; 12-09-2013 at 10:55 AM.