In its 2016 Canadian Market Outlook report, CBRE noted that the overall availability rate for industrial property in Edmonton is expected to rise from 7.8% in 2015 to 8.2% in 2016. The Net Rental Rate is expected to fall from CAD11.20 per square foot to CAD10.80 per square foot. Net absorption is expected to rise from -0.40mn square feet to 1.13mn square feet. New supply is expected to drop from 4.19mn square feet to 1.74mn square feet. Stock that is under construction should fall from 1.74mn square feet to 0.25mn square feet.

Source : December 2015/CBRE/Edmonton/IND