Edmonton Spark Report Q1 2019

Industrial Development in Greater Edmonton

A snapshot of which markets are seeing the most development activity.

With a number of roadblocks hindering Alberta’s economic growth, namely the halting of the Trans Mountain Pipeline expansion late August 2018 and the upcoming 2019 federal and provincial elections, there has been a slowdown in the number of new building projects as developers wait for the industrial market to stabilize before breaking ground.

Despite the turbulent economy however, there are several sizable projects currently under construction and 2018 saw 2.2 million square feet of new supply.

To better understand the current and future development pipelines, this Spark report outlines where the major development projects are located in order for developers and tenants to both gain a better understanding of where new growth is likely to occur as well as when and where this might happen. 


Edmonton Spark Report Q1 2019

Pour plus d’informations, veuillez contacter:
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Craig Hennigar

Director, Market Intelligence, Canada

Vancouver

Craig is the Director of Market Intelligence for Canada as well as an associate real estate broker and appraiser with over 25 years of experience in commercial real estate.  His work is focused on providing strategic and transactional assistance to national real estate firms.  With professional experience in real estate research, valuation, development, management, finance, consulting, and portfolio management roles he coordinates both national research as well as client specific projects and includes work with all major asset classes for valuation of both income producing real estate as well as expropriation, development projects.  Craig has worked with clients in the finance, technology, aerospace, and logistical industries as well as real  estate firms and has additional work experience providing ongoing economic knowledge, research, forecasting and review of the Canadian and international environment.

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