Prominent Canadian real estate investor George Armoyan has once again shown faith in a Calgary office market struggling with a high vacancy rate as his G2S2 Capital, through its affiliate Armco Group of Cos., acquired the 28-floor First Tower office complex at 411 1st St. SE.
Calgary office market gets another strong vote of confidence from G2S2 Capital
George Armoyan's company buys fourth property of its kind in Alberta's largest city in less than two years
CoStar News
25 September 2025 | 21:02
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IN THIS ARTICLE
- Properties
- First Tower
411 1st St, Calgary, AB
- Companies
- Armco Capital Inc.
Construction
- Hines
Real Estate
- Ravelin Properties REIT
Real Estate
- Contacts
- George Armoyan
Owner, Armco Capital Inc.