1 | Icon Business Park Announces Expansion

Icon Business Park Announces Expansion

Posted on April 10, 2016


Hungerford Properties is expanding at Icon Business Park with the acquisition of 5 acres of additional land. Icon, a 761,000-square-foot facility on 45 acres of land, was already one of Calgary’s largest buildings and the former home to the city’s largest manufacturing plant. This week’s announcement of an expansion is a much-needed showcase of confidence in Calgary’s commercial real estate market.

Hungerford – which has transformed the former manufacturing plant into a multi-tenanted business hub in the city’s southeast over the past two years – is now offering build to suit opportunities with new development on the additional site.

Paul Marsden, VP at Colliers says: “While the industrial real estate market continues to feel the impact of the energy sector, Icon Business Park stands out as an anomaly and continues to find creative ways to meets tenants' demands.” 

With this new expansion, both existing and new Icon tenants will benefit from the improved accessibility, with additional driveways on the site, allowing trucks in and out from 61st Street.  Current tenants include ABB, Rolf C. Hagen Inc and The Data Group.

Dubbed “southeast Calgary’s most intelligent workspace,” ICON offers an unprecedented opportunity to lease warehouse and office space. The building’s strategic location takes advantage of Calgary’s growing reputation as a logistics hub for Western Canada and will appeal to manufacturing and logistics enterprises and suburban office tenants.