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First Tower

  • 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.

JRM-First-Tower-Brochure
Address: 411 1st Street SE
City:
Zip: T2G 5E7
Country: Canada
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Property Id : 22048
Available: Immediately
Floors No: 1
Suite: CRU #100 Main: 5,720 sq.ft. +/-
Suite: CRU #210 Plus 15: 2,391 sq.ft. +/-
Size: 2001 to 5000 sq ft
Lease Rate: Market
EST Operating Costs: $10.83 / sq.ft.
EST Taxes: $3.49 / sq.ft
Quadrant: SE
Year Renovated: 2018
Term: 5-10 Years
Zoning: CR20-C20 IR2 Commercial Residential Core

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