Aspen and Rohit Group Acquire District at Beltline Campus in Calgary
Aspen Properties and Rohit Group have acquired the 360,000-square-foot District at Beltline office campus in Calgary. The three-building Class A property at 227 11th Ave. SW combines offices with restaurants, a food hall, fitness facilities, and outdoor gathering areas. Financial terms were not disclosed, and the campus was formerly known as IBM Corporate Park.
The acquisition could affect downtown Calgary workers, Beltline residents, nearby restaurants and retailers, and local office landlords. Continued investment by the new owners may support building amenities and foot traffic, while leasing decisions could shape whether the campus remains a lively mixed-use hub. It may also signal ongoing confidence in Alberta’s office market, though the undisclosed price and broader demand trends make the practical impact uncertain for tenants, employees, and surrounding businesses. Count: The1 acquisition2 could3 affect4 downtown5 Calgary6 workers,7 Beltline8 residents,9 nearby10 restaurants11 and12 retailers,13 and14 local15 office16 landlords.17 Continued18 investment19 by20 the21 new22 owners23 may24 support25 building26 amenities27 and28 foot29 traffic,30 while31 leasing32 decisions33 could34 shape35 whether36 the37 campus38 remains39 a40 lively41 mixed-use42 hub.43 It44 may45 also46 signal47 ongoing48 confidence49 in50 Alberta’s51 office52 market