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Marketbeat – Quarterly Market Report

Marketbeat Reports provide a summary of the trends and transactions that impact all commercial real estate markets in the Greater Edmonton Area.

Industrial

Q2. 2017 – Industrial

Posted: July 2017

The Albertan economy recovery has begun to impact the Edmonton industrial market, as second quarter lease vacancy dropped to 5.9% with 674,600 square feet (sf) of overall absorption through...

Q1. 2017 – Industrial

Posted: April 2017

Improvement in the industrial market depends on the fortunes of the overall Albertan economy, and will likely lag an economic recovery.

Q4. 2016 – Industrial

Posted: January 2017

The fourth quarter of 2016 largely mirrored Q4 2015, as lease vacancy returned to 5.9% while asking rents reduced by only 3 cents per square foot (psf) year-over-year.

Q3. 2016 – Industrial

Posted: October 2016

The Greater Edmonton industrial market continues to diversify while in the midst of trying economic conditions.

Q2. 2016 – Industrial

Posted: July 2016

In the second quarter of 2016, the Greater Edmonton industrial market posted a net negative absorption of 52,999 square feet (sf), bringing the year-to-date absorption to 97,931 sf.

Q1. 2016 – Industrial

Posted: May 2016

At the end of Q1 2016, the Greater Edmonton industrial market has 668,400 square feet under construction, with estimated construction completion dates spread fairly evenly throughout the remainder of...