Northwest/Central

Edmonton CAN - Industrial Submarket

Industrial real estate intelligence for the Northwest/Central submarket. 67.6M SF of inventory with 4.3% vacancy. Data sourced from various MLS platforms.

67.6MSF

Inventory

3.5MSF

Available

4.3%

Vacancy

5.2%

Availability Rate

$8.76

Asking Rent

5.5%

Rent Growth

43KSF

12mo Absorption

66KSF

Under Construction

Market Metrics

12mo Delivered

173K SF

Under Constr % of Inv

0.1%%

Sale Price/SF

$107

Cap Rate

7.9%%

12mo Sales Volume

$155,861,172

Sales Vol Growth

-26.4%

Asset Value

$7,273,172,314

Net Absorption

+43K SF

Data Centre Development Potential

Moderate vacancy (4.3%) in Northwest/Central suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 66K SF indicates developer confidence in the submarket. Positive net absorption of 43K SF over the past 12 months signals healthy demand fundamentals.

Luke Tatman

Evaluating Northwest/Central for Development?

Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.

Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.