Icon Business Park Adds Another Major Tenant

Hungerford Properties has secured a third anchor tenant for its Icon Business Park in the city’s southeast, bringing the leasing of office space there to almost 70 per cent.

ABB, a global company in the utilities, oil and gas and mining sectors, is leasing about 71,000 square feet of office and warehouse space. The company is moving from three separate Calgary locations into the one space.

The location was chosen after an extensive market search and Icon offered the best in workplace accessibility, convenience of location as well as flexibility to accommodate future expansion, said ABB Canada.

The 761,000-square-foot Icon Business Park has been under redevelopment by Hungerford for the past two years. Other major tenants include pet supply distributor Rolf C. Hagen Inc and The Data Group. The latest deal brings the property to more than 50 per cent leased for both office and warehouse space.

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