With the price of oil flirting with 12 year lows, it will likely come of little surprise that the industrial market in Nisku & Leduc has come under some considerable pressure. We recently put together a list of properties currently listed in the area. Of interest, there are currently 34 properties for lease comprising over 800,000 square feet. While many landlords were charging rent on yard space last year, it’s now down to only 1 out of the 34. Taking out the properties advertising “market” lease rates, the average asking rate (Net) is $13.27 / sq ft and the average operating cost is $3.16 / sq ft. A full list is as follows:
Click link to download in PDF Format: Copy of Nisku Leduc Building Data
Ryan Brown, BComm
Chad Griffiths, CCIM, MRICS
Chad GriffithsPartner, SIOR, CCIM
Chad is a partner with NAI Commercial Real Estate and focuses on the Greater Edmonton area. Chad entered the industry in 2004 and has completed over 400 commercial transactions with clients ranging from small, local companies to large institutional owners. Chad has been a top 15 producer with NAI Canada-wide since 2013.
Ryan BrownPartner, BCom, SIOR
Ryan is a partner with NAI Commercial Real Estate in Edmonton and is currently ranked nationally as one of NAI's top advisors. Having executed in excess of $100 Million worth of sales transactions and over 2 Million square feet of lease transactions, Ryan has developed a firm understanding of asset evaluation and an aptitude for building design, functionality, and long-term practicality.
Darcie is a licensed Commercial Real Estate Agent in the Province of Alberta with a focus on the Edmonton market and its surrounding areas. Darcie accomplishes custom solutions for her clients through her personable nature and results driven attitude. Darcie can help if you are looking to invest in commercial real estate or are looking for representation for a sale or lease transactions.
EdmontonCommercial.com offers expert analysis and research in a weekly blog along with resources for landlords, tenants, sellers and buyers in the market. Seeking to buy or lease? We track every property available for sale and for lease in Greater Edmonton. Get the latest news and check the latest listings—anytime.