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Research

Edmonton Industrial Market Report Q1 2017

Edmonton Industrial Market Report Q1 2017

Edmonton Industrial Market Report Q1 2017
  • Edmonton’s industrial market vacancy continued to increase in Q1 of 2017, albeit at a much slower rate
  • Greater Edmonton vacancy rose to 7.72% from 7.40% in Q4 of 2016, a difference of 32 basis points
  • In comparison, Q4 2016  vacancy rose at more than three times the velocity: 114 basis points, from 6.26% in Q3 to 7.40% in Q4
  • Although vacancy has increased, this distinction in velocity is important to note as it could indicate the Edmonton market is turning the corner

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