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Calgary office market gets another strong vote of confidence from G2S2 Capital

George Armoyan's company purchases fourth major office property in Alberta's largest city in less than two years
G2S2 Capital has purchased First Tower in Calgary, marking the Armoyan family's fourth major investment in Alberta's largest city in less than two years. (CoStar)
G2S2 Capital has purchased First Tower in Calgary, marking the Armoyan family's fourth major investment in Alberta's largest city in less than two years. (CoStar)
CoStar News
September 25, 2025 | 9:02 P.M.

Prominent Canadian real estate investor George Armoyan has once again shown faith in the beleaguered Calgary office market as his G2S2 Capital, through its affiliate Armco Group of Cos., acquired the 28-floor First Tower office complex at 411 1st St. SE.

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