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Edmonton may see its industrial vacancy rate go from the highest to lowest in the nation in just two years

Market’s steady demand for space, curtailed development, ensure downward vacancy trend
Trail Appliance's new building in Edmonton was completed in 2023. (Michael Mulligan/CoStar)
Trail Appliance's new building in Edmonton was completed in 2023. (Michael Mulligan/CoStar)
CoStar Analytics
June 2, 2025 | 2:58 P.M.

Industrial building construction in Edmonton has fallen to an eight-year low. Just 1.1 million square feet of new industrial space is underway across the market, down from 5 million square feet just two years ago.

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