1601 Airport Rd NE
Calgary, AB T2E 6Z8

On behalf of the court appointed receiver, Colliers is pleased to present the exclusive opportunity to acquire the Airport Corporate Centre (the “Property”) located at 1601 Airport Road NE in Calgary, Alberta, Canada. The Airport Corporate Centre offers 146,329 square feet of premium office space, situated adjacent to the main terminal of Calgary International Airport (YYC). The property boasts exceptional visibility and easy accessibility from all quadrants of the city via Deerfoot Trail and the new Calgary Ring Road. This investment opportunity includes the leasehold interest in the top seven floors (2-8) of the Property. The main floor and parkade are controlled by the property Landlord, the Calgary Airport Authority. The current lease with the Landlord runs through 2052, with a base rent of $10,000 per year, plus participation rent. The Property stands as the only office development directly connected to the main YYC terminal and is one of the few “A” class office properties in Calgary’s NE quadrant. Currently, 40% of the Property is occupied by a diverse range of tenants, primarily within the aviation sector. This presents an excellent owner-user opportunity for organizations seeking direct YYC access and enhanced visibility at well below replacement cost.