Nexus Builds Momentum with Calgary Industrial Expansion
- ClearView Insider
- Aug 13
- 1 min read
“Our focus on high-quality industrial assets continues to drive strong performance across our portfolio.”— Kelly Hanczyk, CEO, Nexus Industrial REIT
Nexus Industrial REIT closed Q2 2025 with another strategic step forward in Calgary’s small-bay industrial market. Construction is now underway on a 115,000 SF building adjacent to an existing Nexus site, aiming for an 11% going-in yield on $15.4 million in development costs. Completion is slated for Q3 2025.
The REIT also completed its transition to a pure-play industrial platform, having sold off 15 retail properties, one office asset, and two non-core industrial sites for a combined $62.1 million in proceeds.
With development activity in Calgary, steady tenant demand, and a sharpened national portfolio, Nexus continues to solidify its presence in Canada’s industrial real estate sector—and Calgary remains a core growth hub.
Connect with ClearView: Want to know how national REIT strategies shape local investment opportunities? Contact us at info@cvpartners.ca — we’ll help you make sense of Calgary’s evolving industrial real estate landscape.