Edmonton Industrial Figures Q1 2026

‒    Edmonton’s industrial market posted nearly 312,000 sq. ft. of positive absorption this quarter, decreasing availability by 20 basis points (bps), while vacancy remained under 3.0%. Both rates remain within range of their ten-year lows, indicating the resilience of the market in the face of economic uncertainty.

‒    Transactions of 25,000 sq. ft. and smaller represented 83.3% deal count, suggesting demand in this size range remains elevated. Larger deals over 50,000 sq. ft. meanwhile remain limited with only three spaces coming off the market this quarter.

‒    Positive absorption was driven by two submarkets this quarter. Nisku-Leduc saw over 275,000 sq. ft. of positive absorption, dropping its availability rate by 60 bps. Sherwood Park exhibited over 104,000 sq. ft. of positive absorption, bringing the submarket’s availability rate in line with its record low of 1.1%.

‒    The industrial market is showing cautious optimism in terms of construction starts. Just over 542,000 sq. ft. of speculative-build projects have broken ground in the last two quarters.