- The Edmonton Office market remained active this quarter in terms of leasing activity, as 176,553 SF of net positive absorption was reported.
- This is the highest net positive absorption from leasing activity seen over the past 5 years.
- This quarter also marked a significant construction milestone as Stantec Tower was recognized as being completed and added to office inventory.
- At roughly 643,000 SF of office space, Stantec Tower is the largest office tower addition to downtown in the last 30 years.