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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.


Q1. 2018 – Industrial

Posted: April 2018

Edmonton’s industrial market has continued to improve, with a decrease in vacancy of 50 basis points from the last quarter to reach 5.0% in the first quarter of 2018.

Q4. 2017 – Industrial

Posted: January 2018

Edmonton’s industrial market experienced a strong finish to 2017, as lease vacancy retreated to 5.5%.

Q3. 2017 – Industrial

Posted: October 2017

Although the current market has remained flat over the past quarter, we foresee steady improvement in Edmonton’s industrial markets over the coming months.

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.