Based on prior development success in Calgary, Panattoni acquired 8 acres in a prestigious City developed industrial park in southeast Calgary. After careful consideration of market demand, Panattoni constructed a “spec” industrial building of 146,000 sq. ft. designed for multi-tenant occupancy with sizes starting at 10,000 sq. ft. The building was fully leased to six tenants ranging in size from 10,000 sq. ft to 32,000 sq. ft.