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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. 2019 Office

Posted: April 2019

Overall vacancy was unchanged from last quarter, remaining at 14.5%, and has declined by 120 basis points year-over-year. Downtown Edmonton vacancy saw an increase of 110 basis points from last...

Q4. 2018 Office

Posted: January 2019

It was a strong finish to 2018 for Edmonton’s office market as vacancy declined to 14.5% and absorption posted strong gains. The vacancy decline was largely driven by significant leasing activity...

Q3. 2018 Office

Posted: November 2018

Edmonton’s Q3 Market Beats: Office. Economy: Edmonton continues to show strong growth through the third quarter of 2018 as manufacturing climbed across the province, unemployment has dropped...

Q1. 2018 – Office

Posted: April 2018

This year began on a positive note for Edmonton’s office market as vacancy declined, absorption levels increased, and asking rates remained largely stable over the first quarter of the year.

Q4. 2017 – Office

Posted: January 2018

The fourth quarter continued a trend of positive absorption and dropping vacancy within the Edmonton marketplace, as available space contracted by 22,938 square feet.

Q3. 2017 – Office

Posted: October 2017

Edmonton’s office market continued to show signs of improvement, as both headlease and sublease vacancy decreased through the third quarter of 2017.