Nexus Industrial REIT Highlights Southeast Calgary Industrial Development
- ClearView Insider
- May 22
- 1 min read
As part of its Q1 2026 outlook, Nexus Industrial REIT highlighted the continued lease-up of a newly constructed 115,000 sq. ft. industrial building in southeast Calgary.
The project, developed adjacent to an existing Nexus-owned property, was completed in Q3 2025 and is expected to generate an 11.0% yield once stabilized on total development costs of approximately $14.8 million.
The update reflects continued investor confidence in Calgary’s industrial market, particularly for newer product offering functional space in established industrial corridors. Demand for efficient distribution, service commercial, and flex industrial space continues to support long-term interest from both developers and institutional owners across the city.
Source: Nexus Industrial REIT Q1 2026 Financial Results, May 11, 2026
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