Passer au contenu principal Passer au pied de page

Edmonton Industrial Report Q1 2023

Télécharger le rapport
research article

The Greater Edmonton Area’s industrial market continued to experience a decrease in vacancy and high leasing activity as a few larger deals were finalized.

  • Vacancy decreased by 80 basis points year-over-year (YoY) to 3.8%, the lowest vacancy in nearly eight years. Leasing activity has remained strong even in the face of economic pressures.
  • Asking rents have increased across all submarkets as demand tightens and availability in the market decreases. Edmonton rents are averaging $10.47 per square foot, an increase of 8.5% YoY.
  • With only 110,396 square feet of new supply in Q1 2023, there continues to be pressure on the limited supply of newer warehousing and distribution facilities.



Edmonton Industrial Report Q1 2023

Télécharger le rapport
Pour plus d’informations, veuillez contacter:

Richard Darling

Managing Director, Edmonton


As Managing Director of Colliers International, my primary focus is attracting and retaining top, diverse, and innovative commercial real estate professionals for the Edmonton and surrounding markets. I have a proven track record in architecting strategic business plans, negotiating complex contracts, strengthening partnerships with key accounts and driving operational and financial excellence in highly competitive markets. 

As a strategic leader with experience spanning operations, sales management and process improvement, I pride myself on building an office culture that is collaborative, high-performing, and inclusive. I act as a coach to ensure you have what you need to build and grow your commercial real estate practice. I am always looking to network with talent specialized in all asset classes that can help contribute to this culture. Please feel free to send me a connection request!

Prior to Colliers, I've gained invaluable experience working cross functionally with all facets of an organization. This has included shared services across multiple markets including the US. Building relationships with key internal stakeholders in order to improve team performance and overall customer experience. I have presided over the expansion of National sales activities across major sectors that included oil & gas, forestry, mining, transportation, construction, manufacturing & property management to drive revenue and profitability improvements for long term financial stability.

Voir l'expert

Adam Jacobs

Head of Research | Canada

Toronto Downtown

Colliers Canada's head of research, leading a cross-country team of 20 mapping, analytics and research professionals. Formerly head of Canada research at Cushman Wakefield and Director of Analytics at Oxford Properties. Featured in mainstream publications such as the Toronto Star, industry publications and podcasts. Specializing in the big picture and the fundamentals driving real estate - demographics, the macro environment and the global economy. 

Voir l'expert