Q4 2023 follows with a slight drop in vacancy from 3.51% in Q3 to 3.48% in Q4 with an overall vacancy of 3.64% that includes available sublease space. In the last issue of The Occupier, we shared information on the increase in property tax in Edmonton proper and the negative effect this will have for businesses. In this issue, we will be sharing significant news regarding a sweeping new zoning change that will affect businesses operating in Edmonton, and we expect for the better.
Click on the link to download our latest report and read more on our perspective on the Edmonton industrial market.