- Updated On:
- March 31, 2025

In 2018, Hines and a subsidiary of Oaktree Capital acquired First Tower, a 27-story, 709,977 sq. ft. office building in Calgary’s Downtown East. They upgraded the building to Class A standards, redeveloping key common areas to enhance tenant value. The renovated +15-level features amenities like a tenant lounge, outdoor terrace, fitness center, and conference facilities. Located near transit and the Riverwalk, First Tower is well-positioned to benefit from ongoing public and private developments in the East Village.
• Opportunity to join an abundance of first-class amenities in a progressive new age office building. On the main floor and plus fifteen level.
• Plus 15 connection located as the first stop entering downtown on the 4th Ave Flyover
• Available venting options for a restaurant tenant.