We experienced a slight decrease in vacancy from 3.06% in Q3 2024 to 2.79% in Q4 2024, with an overall vacancy rate of 3.17%, which includes sublease vacancies. As we move forward, we expect that the combination of declining interest rates and strategic market adjustments in response to the capital gains tax will drive a notable increase in activity across the industrial real estate sector in the Greater Edmonton Area. With a six-month lag in sale transaction data, we will compare the overall sales trend for 2024 in mid-year 2025 with a comparison to the mid-year point of 2024 which will be
outlined in this issue of The Occupier.
outlined in this issue of The Occupier.