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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.

Office

Q1. 2017 – Office

Posted: April 2017

Q1 2017 is expected to be the last quarter to show high rates of negative absorption for the foreseeable future, although a lower rate is expected for the remaining quarters in 2017.

Q4. 2016 – Office

Posted: January 2017

With the close of 2016 and the arrival of 2017 we will likely see what was already a tenant favoured market becoming more so.

Q3. 2016 – Office

Posted: October 2016

In Q3 2016, the Edmonton office market recorded positive absorption of 302,592 square feet (sf), and helped to soften the poor year-to-date absorption figure of close to 90,000 sf. The majority of...

Q2. 2016 – Office

Posted: July 2016

In Q2 2016, the Edmonton office market recorded 238,000 square feet (sf) of negative absorption, with the overall city wide vacancy rate increasing to 12.4%.

Q1. 2016 – Office

Posted: May 2016

In Q1 2016, Edmonton’s office market recorded 153,518 square feet of negative absorption.  This was primarily driven by negative absorption of 105,000 sf in class A buildings in the Financial...

Q4. 2015 – Office

Posted: January 2016

In the fourth quarter, Edmonton’s office market recorded 265,044 square feet (sf) of negative absorption. This negative absorption was primarily driven by softening demand in class A and B...